📊 Stock to Watch | Market News Today | June 11 (Thursday)
Global markets remain under pressure as escalating
#USIran tensions and fresh attacks on Iran weigh on risk sentiment, while crude oil prices continue to climb.
🌍 Global Market Setup
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#GIFTNifty: -0.78% at 23,058
• US Futures: S&P 500 0.33%
• Europe Futures: Euro Stoxx 50 -0.60%
• Dow Jones -1.87%, S&P 500 -1.62%, Nasdaq -1.98%
• Asian markets weak; South Korea's Kospi leads losses (-4.1%)
• Brent Crude surges above $95/barrel amid Strait of Hormuz concerns
🇮🇳 Indian Market Recap
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#Nifty50 closed at 23,215 (-0.12%)
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#Sensex closed at 73,983 ( 0.09%)
• Banking stocks provided support
• IT stocks and select large caps dragged indices lower
🔥 Key Stocks In Focus
🚀 Positive Triggers
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#ZEE approves fundraising of at least ₹2,300 Cr
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#SBI raises FCNR-B deposit rates across tenors
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#ICICILOMBARD receives favorable CESTAT rulings
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#PPAP partners with Hutchinson for advanced automotive sealing systems
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#AURIONPRO targets strong FY27 growth across banking & edge solutions
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#PFC and
#REC merger approved by Government
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#POWERGRID appoints new CFO, approves ₹485 Cr SCADA upgrade & secures ¥80 Billion loan
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#TIMETECHNO acquires 76% stake in Systoverse
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#PINELABS completes acquisition of Shopflo
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#HINDALCO's Novelis restarts Oswego Hot Mill
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#ADANIENT completes acquisition of Portus Ventures
⚠️ Watchlist / Negative Triggers
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#BHARATWIRE receives MPCB halt notice for manufacturing unit
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#IOLCHEMICAL reports fire-related production disruption
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#MEDPLUS subsidiary faces drug license suspension
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#RCOM dissolves foreign UK subsidiary
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#VMART COO resigns
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#SMLISUZU CEO to step down effective June 30
💰 Banking & Financial Updates
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#UCOBANK hikes TBLR rates by 10 bps
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#BANKBARODA raises short-term MCLR by 5 bps
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#CANBK increases MCLR rates effective June 12
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#IIFLFINANCE approves $500 Mn secured notes issue due 2029
📈 Bulk & Block Deal Highlights
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#MEESHO sees major stake sale by Fidelity entities
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#SAPPHIREFOODS attracts buying from T. Rowe Price
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#CMRGREENTECH receives Goldman Sachs India Equity investment
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#EASEMYTRIP sees large market purchase by investor Kurjibhai Rupareliya
📊 F&O Cues
• Nifty Futures: 23,235 (-0.41%)
• Max Call OI: 24,000
• Max Put OI: 21,200
• F&O Ban:
#KAYNES
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