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Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety Om Power Transmission IPO subscribed 3.33 times on final day Broker’s call: Anand Rathi Wealth (Neutral) Broker’s call: Paytm (Outperform) Pakistan Stock Exchange plunges 5,000 points after US-Iran talks fail NSE gets MCA approval to launch National Coal Exchange of India Citius TransNet Investment Trust's ₹1,105-cr IPO to open on Apr 17 NSE gets MCA nod for coal exchange entity name Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy Rupee falls most in two weeks as oil spikes on US move to blockade Iran ports India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Dalal Street midday: Sensex, Nifty down nearly 1%, Reliance, Eicher among top laggards, auto, oil Stocks weigh Iranian crude returns to India after seven years as tankers dock at key ports Sensex, Nifty pare early losses but stay in red at noon; Auto, Financials drag India's March palm oil imports fall 19% to three-month low Government bonds slump after US-Iran peace talks falter Failure of US-Iran talks set to weigh on risk assets Monday Failure of US-Iran truce talks: Rupee opens 57 paise weaker RBI criticises banks’ rupee arbitrage trades Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse How govt policy initiatives to impact shares of EV makers, oil exporters Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Brokers’ ISF explores unified documentation framework to ease compliance burden K-shaped trend emerges in jewellery as premium demand stays resilient Retail investors give recent IPOs a miss due to lack of bumper listing gains Inconclusive US-Iran talks, oil prices, inflation data to dictate investors' sentiment: Analysts FPIs extend sell-off in April; pull out ₹48,213 crore in 10 days After hitting rock bottom, Indian stock market is on its way to a speedy recovery, says Vallum Capital Gold vs equities: Does the yellow metal hold edge despite softening shine? The new gold rush: Why investors are moving from jewellery to digital FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months 5paisa Capital's ₹469 crore rights issue oversubscribed 1.24 times Shriram Finance’s credit rating climbs after MUFG investment SEBI chief reaffirms open-door policy for global capital SEBI launches three new IT platforms to transform regulatory landscape India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Sun Pharma shares down 4 per cent on reports of overtures for US-based Organon Greenlight open market buybacks, but stay cautious TCS shares down 3.2% despite Q4 profit growth and deal wins SEBI uncovers ₹2,950-crore Ponzi-like network, fines Trdez ₹1 crore SIP inflows hit record high in March despite market turbulence Broker’s call: JM Financial (Buy) Inflow in equity MFs surges 56% to ₹40,450 crore in Mar amid geopolitical tensions, mkt volatility Markets snap six-week losing streak; all eyes on US-Iran talks Corporate governance must empower people, says Arundhati Bhattacharya BSE shares hit 52-week high, what is driving the surge? 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Kharif pulses sowing off to a weak start, acreage down 43% till now
Vishwanath Kulkarni · 2026-06-16 · via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Kharif pulses sowing faces a 43% decline as farmers await crucial rains in Karnataka and Maharashtra

Kharif pulses sowing faces a 43% decline as farmers await crucial rains in Karnataka and Maharashtra | Photo Credit: KK Mustafah

A delayed and deficient monsoon, so far, has led to a weak start for the kharif pulses sowing, with the coverage down 43 per cent as of June 12. Farmers in key producing regions of Karnataka and Maharashtra are awaiting rains to take up sowing of pulses such as tur (pigeon pea), urad (black matpe) and moong (lentils), even as the delay has triggered concerns among the growers.

As per the Agriculture Ministry data released on Tuesday, tur has been planted on 0.09 lakh hectares (lh) till June 12 across the country, down 57 per cent over the same period last year, while urad has been seeded in some 0.27 lh, trailing last year’s corresponding level of 0.35 lh by about 22 per cent. Moong has been planted on 0.69 lh, down 55 per cent from 1.54 lh.

“So far, there has been no rain. We are not sure whether the rains will arrive on time in the days ahead. Farmers are concerned about the delay in rains,” said Basavaraj Ingin, President, Karnataka Pradesh Red Gram Growers Association in Kalaburgi, a key pulses-growing region in North Eastern Karnataka. The situation is similar in adjoining parts of neighbouring Maharashtra, such as Latur and Solapur and also in Telangana, where pigeon pea is largely grown, he said.

32% deficient rain

As per the IMD data, the country as a whole has received 32 per cent deficient rain till June 15. Against a normal of 62.1 mm of rainfall, the country as a whole received 42.4 mm of rain during the period.

N Kalantri, a miller in Latur, said there were no rains in the region and sowing of tur is yet to start.

In some parts of Kalaburgi, where it had rained a few weeks ago, farmers had taken up sowing of moong. “Even that early sown crop requires rains now to survive,” Ingin said, adding that the government should start planning to rescue the farmers from the emerging situation.

Sowing of moong has taken place in parts of Gadag and Yadgir, wherever it has rained, but growers are waiting for a fresh spell to aid the crop growth, said Sujay Hubli, a miller in Gadag.

El Nino concern

“It is still a wait-and-watch situation, as there is a lot of uncertainty over rains,” said Satish Upadhyay, Hon Secretary, India Pulses and Grains Association (IPGA). However, El Nino is a concern for the main pulses-producing states such as Maharashtra, Madhya Pradesh, Gujarat and Rajasthan, he said. Though sowing can be taken up till mid-July for crops like tur and matpe, the crop will get delayed, he said.

Upadhyay said the Government is holding buffer stocks of 4.3-4.5 million tonnes of pulses, which should keep the prices under check.

Published on June 16, 2026