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What is the story about?
It was a day when markets seemed willing to look beyond the noise.
A combination of easing crude oil prices, fresh optimism around a possible US-Iran understanding and relentless domestic institutional buying helped fuel one of the strongest rallies seen in recent weeks. The Sensex surged nearly 1,700 points, while the rupee found fresh support amid expectations of stronger foreign currency inflows. Here are the stories that explain what moved the markets today.
Stock market rally explained: Crude fall, US-Iran deal reports push Sensex higher
The equity benchmark indices BSE Sensex and NSE Nifty closed sharply higher on Friday (June 12), with the benchmark indices recording their strongest gains in recent sessions as reports of a potential US-Iran deal and a decline in crude oil prices supported risk appetite.
Bank of India
DII buying powers market rally as FII selling eases on June 12
Domestic institutional investors (DIIs) stepped up purchases in Indian equities on Friday, helping power a sharp rally in benchmark indices even as foreign investors remained net sellers.
Read More
Rupee has likely bottomed out as RBI measures draw fresh dollar inflows: CLSA
The Indian rupee may have already seen its weakest levels for now, thanks to fresh steps taken by the Reserve Bank of India (RBI) to attract foreign currency inflows, according to Nikhil Gupta, India Economist at CLSA.
Read More
The world's hottest IPO finally takes flight
While markets were busy cheering lower crude prices and easing geopolitical concerns, another landmark event was unfolding on Wall Street. SpaceX, Elon Musk's rocket and satellite company, has officially made its Nasdaq debut, opening at $150 per share after pricing its record-breaking IPO at $135. The listing values the company among the most valuable in the US and marks a defining moment for the private space industry.
The world's hottest IPO finally takes flight
While markets were busy cheering lower crude prices and easing geopolitical concerns, another landmark event was unfolding on Wall Street. SpaceX, Elon Musk's rocket and satellite company, has officially made its Nasdaq debut, opening at $150 per share after pricing its record-breaking IPO at $135. The listing values the company among the most valuable in the US and marks a defining moment for the private space industry.
SpaceX debuts on Nasdaq at $150 after pricing IPO at $135
SpaceX began trading on the Nasdaq on Friday under the ticker SPCX, marking the largest initial public offering ever and one of the most closely watched market debuts in recent years.
Read More
Investing in SpaceX from India: Rules, options and risks explained
The blockbuster initial public offering (IPO) of SpaceX has sparked interest among investors worldwide, including in India. The company raised a record $75 billion in its Nasdaq debut, valuing the rocket and satellite maker at about $1.77 trillion and making it one of the world's most valuable listed companies.
Read More
One year later, the questions remain
Away from markets and megadeals, this week also marks a sombre anniversary.
One year has passed since the Air India AI-171 crash, one of the most tragic aviation disasters in recent Indian history. Yet despite months of investigation, the central mystery surrounding the accident remains unresolved. As investigators continue their work, families of those who lost their lives are still searching for answers, closure and accountability.
One year after the Air India crash, the biggest question still has no answer
A year after the Air India AI171 crash that killed 260 people, aviation experts remain divided over whether the tragedy was caused by deliberate movement of the aircraft's fuel control switches or a possible electrical failure, as families continue to wait for the final investigation report.
Read More
One year after the Air India AI-171 crash, investigators say the probe is still not over
One year after the crash of Air India Flight AI-171, the Aircraft Accident Investigation Bureau (AAIB) said the probe into the accident is still underway, with investigators continuing to analyse evidence before reaching any final conclusions.
Read More
Air India Flight 171 crash: One year later, families remember lives lost in Ahmedabad tragedy
From Ahmedabad’s crash site to memorial events in Mumbai, people came together to honour the victims of Air India Flight AI-171 and remember the impact of the tragedy one year later
Read More
From diplomacy to the beautiful game
And finally, a look at two stories from very different worlds that will continue to shape headlines in the days ahead.
The diplomatic dance between Washington and Tehran remains closely watched, with every fresh statement carrying implications for oil prices, global markets and regional stability. Meanwhile, football fans have something far less stressful to look forward to, with the FIFA World Cup getting underway and a packed schedule of matches lined up over the coming week.
Trump accuses Iran of bad-faith talks, condemns alleged drone attack on Indian ships
US President Donald Trump on Friday accused Iran of acting in bad faith during ongoing negotiations and strongly condemned what he described as a failed drone attack on Indian ships leaving the Strait of Hormuz.
Read More
FIFA World Cup 2026 schedule: Complete list of matches in IST from June 13-19
The FIFA World Cup 2026 started on June 12 IST, with a packed schedule featuring some of football's biggest nations, including Brazil, Germany, Spain, France, Argentina, Portugal and England.
Read more
We will meet you on Monday with another engaging Top 10@10
A combination of easing crude oil prices, fresh optimism around a possible US-Iran understanding and relentless domestic institutional buying helped fuel one of the strongest rallies seen in recent weeks. The Sensex surged nearly 1,700 points, while the rupee found fresh support amid expectations of stronger foreign currency inflows. Here are the stories that explain what moved the markets today.
Stock market rally explained: Crude fall, US-Iran deal reports push Sensex higher
The equity benchmark indices BSE Sensex and NSE Nifty closed sharply higher on Friday (June 12), with the benchmark indices recording their strongest gains in recent sessions as reports of a potential US-Iran deal and a decline in crude oil prices supported risk appetite.
Bank of India
DII buying powers market rally as FII selling eases on June 12
Domestic institutional investors (DIIs) stepped up purchases in Indian equities on Friday, helping power a sharp rally in benchmark indices even as foreign investors remained net sellers.
Read More
Rupee has likely bottomed out as RBI measures draw fresh dollar inflows: CLSA
The Indian rupee may have already seen its weakest levels for now, thanks to fresh steps taken by the Reserve Bank of India (RBI) to attract foreign currency inflows, according to Nikhil Gupta, India Economist at CLSA.
Read More
The world's hottest IPO finally takes flight
While markets were busy cheering lower crude prices and easing geopolitical concerns, another landmark event was unfolding on Wall Street. SpaceX, Elon Musk's rocket and satellite company, has officially made its Nasdaq debut, opening at $150 per share after pricing its record-breaking IPO at $135. The listing values the company among the most valuable in the US and marks a defining moment for the private space industry.
The world's hottest IPO finally takes flight
While markets were busy cheering lower crude prices and easing geopolitical concerns, another landmark event was unfolding on Wall Street. SpaceX, Elon Musk's rocket and satellite company, has officially made its Nasdaq debut, opening at $150 per share after pricing its record-breaking IPO at $135. The listing values the company among the most valuable in the US and marks a defining moment for the private space industry.
SpaceX debuts on Nasdaq at $150 after pricing IPO at $135
SpaceX began trading on the Nasdaq on Friday under the ticker SPCX, marking the largest initial public offering ever and one of the most closely watched market debuts in recent years.
Read More
Investing in SpaceX from India: Rules, options and risks explained
The blockbuster initial public offering (IPO) of SpaceX has sparked interest among investors worldwide, including in India. The company raised a record $75 billion in its Nasdaq debut, valuing the rocket and satellite maker at about $1.77 trillion and making it one of the world's most valuable listed companies.
Read More
One year later, the questions remain
Away from markets and megadeals, this week also marks a sombre anniversary.
One year has passed since the Air India AI-171 crash, one of the most tragic aviation disasters in recent Indian history. Yet despite months of investigation, the central mystery surrounding the accident remains unresolved. As investigators continue their work, families of those who lost their lives are still searching for answers, closure and accountability.
One year after the Air India crash, the biggest question still has no answer
A year after the Air India AI171 crash that killed 260 people, aviation experts remain divided over whether the tragedy was caused by deliberate movement of the aircraft's fuel control switches or a possible electrical failure, as families continue to wait for the final investigation report.
Read More
One year after the Air India AI-171 crash, investigators say the probe is still not over
One year after the crash of Air India Flight AI-171, the Aircraft Accident Investigation Bureau (AAIB) said the probe into the accident is still underway, with investigators continuing to analyse evidence before reaching any final conclusions.
Read More
Air India Flight 171 crash: One year later, families remember lives lost in Ahmedabad tragedy
From Ahmedabad’s crash site to memorial events in Mumbai, people came together to honour the victims of Air India Flight AI-171 and remember the impact of the tragedy one year later
Read More
From diplomacy to the beautiful game
And finally, a look at two stories from very different worlds that will continue to shape headlines in the days ahead.
The diplomatic dance between Washington and Tehran remains closely watched, with every fresh statement carrying implications for oil prices, global markets and regional stability. Meanwhile, football fans have something far less stressful to look forward to, with the FIFA World Cup getting underway and a packed schedule of matches lined up over the coming week.
Trump accuses Iran of bad-faith talks, condemns alleged drone attack on Indian ships
US President Donald Trump on Friday accused Iran of acting in bad faith during ongoing negotiations and strongly condemned what he described as a failed drone attack on Indian ships leaving the Strait of Hormuz.
Read More
FIFA World Cup 2026 schedule: Complete list of matches in IST from June 13-19
The FIFA World Cup 2026 started on June 12 IST, with a packed schedule featuring some of football's biggest nations, including Brazil, Germany, Spain, France, Argentina, Portugal and England.
Read more
We will meet you on Monday with another engaging Top 10@10
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