What is the story about?
Markets slide, rupee weakens
Indian equities came under heavy selling pressure on Tuesday, with the Nifty 50 slipping below 23,850 and the Sensex shedding nearly 900 points. The rupee weakened against the US dollar, while domestic institutional investors (DIIs) remained supportive and foreign investors ended the session with marginal inflows. The government also announced an offer for sale (OFS) in IRFC as part of its divestment programme, adding to a string of notable stake sales and OFS announcements seen since May.
Stock Market Crash: Key factors behind the 300-point drop on the Nifty on Tuesday
Indian equity markets ended with steep losses on Tuesday, June 23, with the Nifty 50 index ending with losses of over 300 points and the Sensex declining over 500 points.
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Rupee falls 11 paise to settle at 94.74 against US dollar
The rupee declined 11 paise to close at 94.74 (provisional) against the US dollar on Tuesday weighed down by a firm greenback and weak domestic markets.
Read More
DIIs extend buying streak; FIIs post marginal inflows on June 23
Domestic institutional investors remained net buyers on June 23, extending their support for Indian equities, while FIIs posted marginal inflows. The institutional buying came despite a broad-based market sell-off that dragged benchmark indices sharply lower.
Read More
IRFC OFS: Govt to sell up to 2% stake in Navratna PSU via Offer for Sale
The Centre has announced an Offer for Sale (OFS) in Indian Railway Finance Corporation (IRFC), seeking to divest a 1% stake in the company, with an additional 1% available through a greenshoe option.
Read More
Can markets find their footing?
After a bruising session that dragged the Nifty to 23,824, investors will be watching closely to see whether the benchmark can stabilise and reclaim lost ground in Wednesday's trade amid lingering global and domestic uncertainties.
Nifty Outlook for June 24: Index aims to reclaim 23,800 after expiry-led sell-off
The Nifty opened on a subdued note and came under further pressure as a sharp sell-off across Asian markets weighed on investor sentiment. Sustained selling through the session dragged the benchmark lower, with the Nifty ending near the 23,800 mark.
Read More
Nasdaq falls more than 2% as tech stocks lead Wall Street lower
US stocks opened sharply lower on Tuesday, with the Nasdaq Composite falling around 2.4% as a selloff in memory-chip makers and AI-linked technology stocks intensified concerns over the sustainability of the sector's rally.
Read More
Stocks to Watch for June 24: Infosys, IRFC, Honasa Consumer, Delhivery and more
Infosys expands GlobalFoundries AI IT deal, NLC India and IOCL plan green JV, YES Bank, Delhivery, IRFC, Honasa Consumer and Satin Creditcare announce moves. Here are few stocks to track ahead of Wednesday's trading session.
Read More
Monsoon concerns, Iran developments and ED action grab attention
Beyond the markets, concerns over the monsoon intensified after Agriculture Minister Shivraj Singh Chouhan warned that a 43% rainfall deficit could affect kharif sowing, prompting contingency measures in several states. Globally, US President Donald Trump claimed Iran had agreed to long-term nuclear inspections, while at home, the Enforcement Directorate searched Rajesh Exports as part of an investigation linked to a Sebi probe into alleged revenue inflation.
Poor monsoon may hit kharif crops, warns agri minister Shivraj Singh Chouhan; rainfall 43% below normal
A widening rainfall deficit and the prospect of a stronger El Niño in the coming months have raised concerns over crop yields, prompting the Centre to prepare contingency plans for 12 states heavily dependent on monsoon rains.
Read More
Trump insists Iran has agreed to nuclear inspections
US President Donald Trump insisted on Tuesday that Iran has agreed to allow nuclear inspections long into the future, despite statements from Iran that it has not done so.
Read More
ED searches Rajesh Exports amid Sebi probe into alleged revenue inflation
The Enforcement Directorate has conducted searches at premises linked to Rajesh Exports days after Sebi accused the company of overstating revenues by more than ₹15 lakh crore through its overseas subsidiaries. The company has denied any wrongdoing and said its financial reporting is accurate.
Read More
We will meet you on Wednesday with another engaging Top 10@10
Indian equities came under heavy selling pressure on Tuesday, with the Nifty 50 slipping below 23,850 and the Sensex shedding nearly 900 points. The rupee weakened against the US dollar, while domestic institutional investors (DIIs) remained supportive and foreign investors ended the session with marginal inflows. The government also announced an offer for sale (OFS) in IRFC as part of its divestment programme, adding to a string of notable stake sales and OFS announcements seen since May.
Stock Market Crash: Key factors behind the 300-point drop on the Nifty on Tuesday
Indian equity markets ended with steep losses on Tuesday, June 23, with the Nifty 50 index ending with losses of over 300 points and the Sensex declining over 500 points.
Read More
Rupee falls 11 paise to settle at 94.74 against US dollar
The rupee declined 11 paise to close at 94.74 (provisional) against the US dollar on Tuesday weighed down by a firm greenback and weak domestic markets.
Read More
DIIs extend buying streak; FIIs post marginal inflows on June 23
Domestic institutional investors remained net buyers on June 23, extending their support for Indian equities, while FIIs posted marginal inflows. The institutional buying came despite a broad-based market sell-off that dragged benchmark indices sharply lower.
Read More
IRFC OFS: Govt to sell up to 2% stake in Navratna PSU via Offer for Sale
The Centre has announced an Offer for Sale (OFS) in Indian Railway Finance Corporation (IRFC), seeking to divest a 1% stake in the company, with an additional 1% available through a greenshoe option.
Read More
Can markets find their footing?
After a bruising session that dragged the Nifty to 23,824, investors will be watching closely to see whether the benchmark can stabilise and reclaim lost ground in Wednesday's trade amid lingering global and domestic uncertainties.
Nifty Outlook for June 24: Index aims to reclaim 23,800 after expiry-led sell-off
The Nifty opened on a subdued note and came under further pressure as a sharp sell-off across Asian markets weighed on investor sentiment. Sustained selling through the session dragged the benchmark lower, with the Nifty ending near the 23,800 mark.
Read More
Nasdaq falls more than 2% as tech stocks lead Wall Street lower
US stocks opened sharply lower on Tuesday, with the Nasdaq Composite falling around 2.4% as a selloff in memory-chip makers and AI-linked technology stocks intensified concerns over the sustainability of the sector's rally.
Read More
Stocks to Watch for June 24: Infosys, IRFC, Honasa Consumer, Delhivery and more
Infosys expands GlobalFoundries AI IT deal, NLC India and IOCL plan green JV, YES Bank, Delhivery, IRFC, Honasa Consumer and Satin Creditcare announce moves. Here are few stocks to track ahead of Wednesday's trading session.
Read More
Monsoon concerns, Iran developments and ED action grab attention
Beyond the markets, concerns over the monsoon intensified after Agriculture Minister Shivraj Singh Chouhan warned that a 43% rainfall deficit could affect kharif sowing, prompting contingency measures in several states. Globally, US President Donald Trump claimed Iran had agreed to long-term nuclear inspections, while at home, the Enforcement Directorate searched Rajesh Exports as part of an investigation linked to a Sebi probe into alleged revenue inflation.
Poor monsoon may hit kharif crops, warns agri minister Shivraj Singh Chouhan; rainfall 43% below normal
A widening rainfall deficit and the prospect of a stronger El Niño in the coming months have raised concerns over crop yields, prompting the Centre to prepare contingency plans for 12 states heavily dependent on monsoon rains.
Read More
Trump insists Iran has agreed to nuclear inspections
US President Donald Trump insisted on Tuesday that Iran has agreed to allow nuclear inspections long into the future, despite statements from Iran that it has not done so.
Read More
ED searches Rajesh Exports amid Sebi probe into alleged revenue inflation
SEBI, SEBI news, SEBI circular, SEBI rules, SEBI latest news, SEBI ETF rules, SEBI ETF
The Enforcement Directorate has conducted searches at premises linked to Rajesh Exports days after Sebi accused the company of overstating revenues by more than ₹15 lakh crore through its overseas subsidiaries. The company has denied any wrongdoing and said its financial reporting is accurate.
Read More
We will meet you on Wednesday with another engaging Top 10@10
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