Get App
PRE MARKET
GIFT Nifty indicates a flat start for the broader index in India, with a loss of 24 points or 0.10 percent. The Nifty futures were trading around the 24,970.50 level.
US Stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation.
The Dow Jones Industrial Average rose 317.30 points, or 0.75%, to 42,515.09, the S&P 500 gained 56.14 points, or 0.94%, to 6,033.11 and the Nasdaq Composite gained 294.39 points, or 1.52%, to 19,701.21.
Asian markets were trading firm on Tuesday, as investors hope the Israel-Iran conflict might remain contained, with Tehran reportedly signaling readiness to negotiate.
Japan’s Nikkei went up 0.49 percent, the Taiwanese Index also went up 0.61 percent, while the Hong Kong Hang Seng decreased 0.44 percent.
STOCKS TODAY
Vishal Mega Mart
Promoter Samayat Services is likely to sell up to Rs 9,896 crore worth of shares in Vishal Mega Mart via block deals, increasing the block deal size from around Rs 5,057 crore earlier. The floor price has been set at Rs 110 per share.
TCS
Tata Consultancy Services has partnered with the Council of Europe Development Bank (CEB) to modernize its operations and enhance efficiency. As part of this collaboration, TCS will deploy TCS BaNCSTM for Reconciliations to streamline complex transactions and automate key reconciliation processes using artificial intelligence and automation.
Biocon
The biopharmaceutical firm launched its qualified institutions placement (QIP) on June 16. The floor price has been fixed at Rs 340.20 per share. The company aims to raise Rs 4,500 crore via QIP.
ICICI Bank
The Reserve Bank of India (RBI) has approved Sandeep Batra’s reappointment as Executive Director of ICICI Bank for a period of two years, effective December 23, 2025. Shareholder approval for the reappointment will be sought in due course.
HCL Technologies
The company has partnered strategically with E.ON, one of Europe’s largest energy companies. Under the new multi-year agreement, HCLTech will establish a new private cloud and provide cloud and network management across E.ON’s global hyperscalers.
Godrej Properties
The Mumbai-based real estate developer will develop a 16-acre land parcel in Upper Kharadi, Pune. The project will have a developable potential of 2.5 million square feet, with an estimated revenue potential of Rs 3,100 crore.
Source – Moneycontrol