POST MARKET
Indian stock market indices closed sharply lower on Monday, extending their fall to a second day, tracking a sharp selloff across Asian markets amid renewed tensions in the Middle East and a spike in crude oil prices. Fears of an interest rate hike in the US also weighed on global investors’ risk appetite.
Broader market as the Nifty Smallcap 100 and the Nifty Midcap 100 indices declined 1.92% and 1.40%, respectively.
Among sectors, Nifty Auto, Nifty Metals, Nifty IT, Nifty Realty and Nifty Oil & Gas witnessed heavy sell-off, with Nifty Healthcare as the only sector in the green.
STOCKS IN NEWS
Muthoot Finance
Gold financing and jewellery stocks came under pressure on Monday, with shares of Muthoot Finance, IIFL Finance and Manappuram Finance falling by up to 6 percent as gold prices declined amid weak global cues.
Ems
EMS share surged more than 11 percent in trade on Monday after the company said it has secured the lowest bidder (L-1) status from UP Jal Nigam (Urban), Varanasi, for a sewer network project.
Hexagon Nutrition
Hexagon Nutrition’s Rs 139-crore initial public offering (IPO) was subscribed 4.15 times by 3:15 pm on the second day of bidding on Monday, with strong demand from retail and non-institutional investors offsetting muted participation from institutional buyers.
Rail Vikas Nigam
Stock of Rail Vikas Nigam down by 3.44 percent on Monday’s trade, 8 June,marking its ninth straight session of losses. The stock was last seen trading around these levels in March 2024.
The railway major announced its Q4FY26 results in May 2026, and since then, the stock has failed to close a single session in the green.
Source: Mint, Moneycontrol.