Gift Nifty indicates a positive start opening; US markets ended on a positive note; Asian markets also traded positive side

PRE MARKET

Gift Nifty index signalled a positive opening on Monday, 15 June. Gift Nifty was trading near the 23,992.00 mark, up over 363.50 points from the previous close of Nifty futures.

Asian markets traded higher on Monday, after the US-Iran peace deal. Japan’s Nikkei 225 rallied 5.40%, while the Topix gained 2.43%. South Korea’s Kospi jumped 5.51% and Kosdaq surged 2.34%. Hong Kong Hang Seng index futures indicated a positive start.

US stock market ended higher on Friday on hopes for a peace deal between Iran and the United States and as SpaceX shares surged in their debut.

The Dow Jones Industrial Average rallied 449.45 points, or 0.70%, to 51,202.26, while the S&P 500 gained 37.16 points, or 0.50%, to 7,431.46. The Nasdaq Composite closed 79.18 points, or 0.31%, higher at 25,888.84. For the week, all the three major indexes surged roughly 7%.

STOCKS IN NEWS

Vedanta
Vedanta’s four demerged businesses—Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel—are scheduled to debut on the stock exchanges on Monday, June 15.

ONGC
State-owned oil and gas major Oil and Natural Gas Corporation (ONGC) announced on Friday, June 12, that its subsidiary, ONGC Petro additions Ltd, has approved a plan to raise up to ₹4,471 crore through a private placement of non-convertible debentures (NCDs).

Hindustan Petroleum
Hindustan Petroleum Corporation Ltd. (HPCL) has set August 14, 2026, as the record date to determine shareholders eligible for its proposed final dividend of ₹19.25 per equity share for FY26, the company said on Friday.

KIMS
The Board has approved the issuance of 77,02,182 warrants through a preferential allotment on a private placement basis at ₹779 per warrant. These warrants can be exercised in one or more tranches from the date of allotment up to a period of 18 months from issuance.

JSW Energy
The company has entered into a definitive agreement with Kolahai Infotech and SFI Parcel Services to acquire a 100% stake in Maruti Clean Coal and Power, the owner and operator of a 300 MW thermal power plant located in Chhattisgarh.

Nestle India
The company has denied claims of infestation in MAGGI noodles, stating that it has not yet received the product sample from the complainant for examination, as the complainant’s account remains inaccessible.

Source: Moneycontrol, Mint

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Indian equity indices ended positive this week; Sectoral indices ended mixed; Broader market indices also ended in green.