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Dalal Street ended lower on June 11 as selling in IT, defence and broader market stocks outweighed gains in banking shares, pulling the Nifty below 23,200 in a volatile session. The rupee weakened 25 paise against the dollar amid a surge in crude oil prices after fresh escalation in the Iran–US conflict. Rising energy costs added to global inflation concerns, even as the European Central Bank raised interest rates by 25 basis points citing persistent inflation pressures.
Why did Dalal Street end in the red? Three takeaways from Thursday's trade
The equity benchmark indices BSE Sensex and NSE Nifty ended lower on Thursday (June 11) after a volatile trading session, with the Nifty closing below 23,200 as weakness in information technology, defence and broader market stocks outweighed gains in banking shares.
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Rupee falls 25 paise against dollar in early trade: What's weighing on the currency
The Indian rupee opened 25 paise weaker on Thursday (June 11), tracking a sharp surge in crude oil prices after fresh escalation in the conflict between Iran and the United States heightened concerns over global energy supplies.
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ECB raises interest rates for first time in 3 years as inflation hurts euro zone economies
The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday, June 11, marking its first rate increase since 2023, as escalating conflict involving Iran drives energy prices higher and reignites inflationary pressures across the euro zone.
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Nifty trend, stock movers and global IPO buzz in focus
Nifty’s trend will be in focus as markets track whether a “double-bottom” setup can support sentiment after a mild decline on Thursday. Stocks like Vedanta, Lenskart, Happiest Minds and Infosys will remain in focus on key corporate updates and deals. Globally, Wall Street will watch SpaceX’s blockbuster IPO debut for market impact and trading stability.
Nifty Outlook For June 12: Will the 'double-bottom' revive the index's subdued fortunes?
To the person reading this, are you an optimist or a pessimist? As an optimist, you would want to believe that a 33-point fall on the Nifty on Thursday, is a lot better than the 200-point gap down that the implied open was suggesting earlier in the day.
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Stocks to Watch for June 12: Vedanta, Lenskart, Happiest Minds, Infosys and more
Vedanta’s four demerged companies will list on the NSE and BSE on June 15 as part of its restructuring to unlock value. Happiest Minds launched its RelAIBuild and ADLC platforms, while Infosys completed the CMMI AI Maturity pilot, keeping these stocks in focus ahead of Friday’s session.
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Wall Street buckles up for SpaceX liftoff, hoping for a glitch-free ride
As SpaceX prepares for its record-breaking $75 billion market debut with great fanfare, Wall Street traders, brokers and exchanges are working nonstop to make sure their trading systems can handle the blockbuster IPO and avoid the chaos that marred other highly anticipated launches.
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Trump escalation, HAL probe and FIFA headlines in focus
Global sentiment was hit after Trump threatened fresh strikes on Iran and possible control of oil infrastructure, while concerns rose over US strikes in the region involving a tanker with an Indian crew. On the corporate side, HAL filed an FIR over alleged forged test reports linked to the Tejas programme, and Opendoor shut its India operations in a major restructuring move. Meanwhile, FIFA announced a historic three-host opening ceremony format
for the 2026 World Cup across North America.
Trump threatens fresh Iran strikes, says US could take control of oil infrastructure
US President Donald Trump has threatened major military action against Iran, saying the United States would hit the country "very hard" and indicating that key Iranian oil infrastructure could eventually come under US control.
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Also Read: Dow Jones, S&P 500, Nasdaq rebound on chip strength, but Trump Iran threat limits gains
'These lives could have been saved': Questions grow over US strike on tanker with Indian crew
Three Indian sailors killed in a US strike on an oil tanker off the coast of Oman could have been saved, according to maritime union representatives and a defence analyst, who have questioned whether force was used appropriately against an unarmed commercial vessel.
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HAL alleges 199 component test reports forged, files FIR against Hyderabad-based vendor
Hindustan Aeronautics Ltd (HAL) has filed a criminal complaint against a Hyderabad-based supplier over the alleged submission of forged test reports linked to the Light Combat Aircraft (LCA) Tejas Mk1A programme.
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Opendoor CEO fires entire India team in major operational shift, says ‘Customers are in America’
Opendoor Technologies has fired its entire workforce in India. CEO Kaz Nejatian announced the shocking decision in a statement on social media.
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FIFA World Cup 2026 to make history with three opening ceremonies across host nations
FIFA President Gianni Infantino speaks during a news conference at the stadium in Mexico City, Wednesday, June 10, 2026, a day before the opening FIFA World Cup match between Mexico and South Africa. (AP Photo/Eduardo Verdugo)
For the first time in history, the FIFA World Cup will feature three opening ceremonies, co-hosted by Canada, Mexico, and the United States, showcasing a lineup of top stars. The World Cup will go on from June 11 to July 19.
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We will meet you again on Friday with another engaging Top 10@10
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