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What is the story about?
Markets find support as RBI moves calm currency worries
Indian equities snapped a two-session losing streak on Tuesday, with banking stocks leading the recovery after the RBI unveiled measures to attract foreign currency inflows. The move eased concerns around the rupee even as oil prices remained elevated and global uncertainties persisted. Domestic institutions continued to absorb foreign selling, helping benchmarks end near the day's highs.
Closing Bell | Banks power market rebound as Nifty snaps two-day losing streak
Indian equity benchmarks bounced back on Tuesday, snapping a two-day losing streak as a sharp rally in banking stocks helped lift sentiment following the Reserve
Bank of India's latest measures aimed at boosting foreign currency inflows.
Read more
Why the rupee may avoid a steep fall despite oil and dollar pressures
The Indian rupee may be spared a sharp depreciation in the coming months despite a strong US dollar and elevated crude oil prices, thanks to the Reserve Bank of India's (RBI) latest measures aimed at attracting foreign capital, according to forex experts.
Read more
DII buying powers market rebound as FII selling eases on June 9
Domestic institutional investors (DIIs) remained strong buyers of Indian equities on Tuesday, pumping a net ₹6,159.48 crore into the market, while foreign institutional investors (FIIs) continued to trim holdings with net sales of ₹4,566.03 crore, according to provisional exchange data.
Read more
What comes next?
Tuesday's rebound has brought the Nifty back above 23,200, but traders are still waiting for a decisive breakout. Banking stocks have provided support, though broader market conviction remains elusive. As markets head into Wednesday's session, investors will be tracking corporate developments, weekly expiry positioning and fresh macro cues.
Nifty Outlook for June 10: Two things that need to fall in place for the index to breakout
The Nifty bulls owe a profuse amount of thanks to the banking stocks that kept the index afloat during the weekly options expiry session. Despite that move, the index failed to achieve a breakout from the range it finds itself locked in.
Read more
Stocks to Watch for June 10: Bharti Airtel, Indigo, Ajanta Pharma, OMC stocks and more
Bharti Airtel gains relief after the Bombay High Court quashed OTSC demands, while IndiGo remains in focus following a 10% hike in aviation turbine fuel prices. Ajanta Pharma sees a promoter stake sale via a block deal, the government expands NLC
India's OFS, and Dixon Technologies plans a telecom manufacturing joint venture with Gemtek. Here are the key stocks to watch ahead of Wednesday's trading session.
Read more
Beyond Dalal Street and Wednesday's trade setup
Markets may have bounced back, but the bigger picture remains just as important. From top government sources telling CNBC-TV18 that growth remains resilient, fresh FDI measures are in the works and the IDBI Bank sale remains on track, to a sharp increase in aviation fuel prices, developments across policy, business and technology could influence sentiment in the days ahead. Meanwhile, the global AI race is heating up as China unveils an ambitious data centre push, OpenAI eyes Wall Street, and Donald Trump returns to the spotlight over the H-1B visa debate.
ATF prices hiked 10% as oil firms launch long-term price stabilisation plan
State-owned fuel retailers on Tuesday raised aviation turbine fuel (ATF) prices for domestic carriers by around 10% while unveiling a new price stabilisation mechanism aimed at protecting airlines from volatility in global crude oil markets.
Read more
Growth not under stress; fresh FDI measures planned, IDBI Bank sale on track: Top govt sources
India's growth momentum remains intact despite the West Asia conflict and its impact on crude oil prices, with the government working on additional measures to attract foreign direct investment (FDI) while remaining confident about the strategic sale of IDBI Bank, top government sources told CNBC-TV18.
Read more
Donald Trump reacts after judge strikes down $100,000 H-1B fee: ‘Really crazy’
US President Donald Trump has criticised the American court system after a federal judge struck down his administration’s controversial policy that imposed a $100,000 fee on new H-1B visa applications.
Read more
China prepares $295 billion AI data center network with 80% homegrown technology by 2028
China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centres across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology.
Read more
OpenAI confidentially files for IPO joining rivals in the race to Wall Street
OpenAI, the maker of ChatGPT, has confidentially filed papers for an Initial Public Offering (IPO) on Monday, June 8, joining its Artificial Intelligence (AI) rivals to seek public money to fund its growth plans.
Read more
Markets recovered, policymakers stayed busy and the AI race accelerated another notch. We'll leave you there for tonight and return tomorrow with a fresh set of headlines worth watching.
Indian equities snapped a two-session losing streak on Tuesday, with banking stocks leading the recovery after the RBI unveiled measures to attract foreign currency inflows. The move eased concerns around the rupee even as oil prices remained elevated and global uncertainties persisted. Domestic institutions continued to absorb foreign selling, helping benchmarks end near the day's highs.
Closing Bell | Banks power market rebound as Nifty snaps two-day losing streak
Indian equity benchmarks bounced back on Tuesday, snapping a two-day losing streak as a sharp rally in banking stocks helped lift sentiment following the Reserve
Read more
Why the rupee may avoid a steep fall despite oil and dollar pressures
The Indian rupee may be spared a sharp depreciation in the coming months despite a strong US dollar and elevated crude oil prices, thanks to the Reserve Bank of India's (RBI) latest measures aimed at attracting foreign capital, according to forex experts.
Read more
DII buying powers market rebound as FII selling eases on June 9
Domestic institutional investors (DIIs) remained strong buyers of Indian equities on Tuesday, pumping a net ₹6,159.48 crore into the market, while foreign institutional investors (FIIs) continued to trim holdings with net sales of ₹4,566.03 crore, according to provisional exchange data.
Read more
What comes next?
Tuesday's rebound has brought the Nifty back above 23,200, but traders are still waiting for a decisive breakout. Banking stocks have provided support, though broader market conviction remains elusive. As markets head into Wednesday's session, investors will be tracking corporate developments, weekly expiry positioning and fresh macro cues.
Nifty Outlook for June 10: Two things that need to fall in place for the index to breakout
The Nifty bulls owe a profuse amount of thanks to the banking stocks that kept the index afloat during the weekly options expiry session. Despite that move, the index failed to achieve a breakout from the range it finds itself locked in.
Read more
Stocks to Watch for June 10: Bharti Airtel, Indigo, Ajanta Pharma, OMC stocks and more
Bharti Airtel gains relief after the Bombay High Court quashed OTSC demands, while IndiGo remains in focus following a 10% hike in aviation turbine fuel prices. Ajanta Pharma sees a promoter stake sale via a block deal, the government expands NLC
India's OFS, and Dixon Technologies plans a telecom manufacturing joint venture with Gemtek. Here are the key stocks to watch ahead of Wednesday's trading session.
Read more
Beyond Dalal Street and Wednesday's trade setup
Markets may have bounced back, but the bigger picture remains just as important. From top government sources telling CNBC-TV18 that growth remains resilient, fresh FDI measures are in the works and the IDBI Bank sale remains on track, to a sharp increase in aviation fuel prices, developments across policy, business and technology could influence sentiment in the days ahead. Meanwhile, the global AI race is heating up as China unveils an ambitious data centre push, OpenAI eyes Wall Street, and Donald Trump returns to the spotlight over the H-1B visa debate.
ATF prices hiked 10% as oil firms launch long-term price stabilisation plan
State-owned fuel retailers on Tuesday raised aviation turbine fuel (ATF) prices for domestic carriers by around 10% while unveiling a new price stabilisation mechanism aimed at protecting airlines from volatility in global crude oil markets.
Read more
Growth not under stress; fresh FDI measures planned, IDBI Bank sale on track: Top govt sources
India's growth momentum remains intact despite the West Asia conflict and its impact on crude oil prices, with the government working on additional measures to attract foreign direct investment (FDI) while remaining confident about the strategic sale of IDBI Bank, top government sources told CNBC-TV18.
Read more
Donald Trump reacts after judge strikes down $100,000 H-1B fee: ‘Really crazy’
US President Donald Trump has criticised the American court system after a federal judge struck down his administration’s controversial policy that imposed a $100,000 fee on new H-1B visa applications.
Read more
China prepares $295 billion AI data center network with 80% homegrown technology by 2028
China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centres across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology.
Read more
OpenAI confidentially files for IPO joining rivals in the race to Wall Street
OpenAI, the maker of ChatGPT, has confidentially filed papers for an Initial Public Offering (IPO) on Monday, June 8, joining its Artificial Intelligence (AI) rivals to seek public money to fund its growth plans.
Read more
Markets recovered, policymakers stayed busy and the AI race accelerated another notch. We'll leave you there for tonight and return tomorrow with a fresh set of headlines worth watching.
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