Stock Market Today Live, June 16: Sensex, Nifty open higher as lower crude prices boost market sentiment

Top losers of Nifty Metal Index: Vedanta Aluminium, Vedanta Oil & Gas, National Aluminium and Hindalco.

Currency market updates: Rupee rises 5 paise to 94.53 against US dollar in early trade

The rupee appreciated 5 paise to 94.53 against the US dollar in early trade on Tuesday, as a sharp decline in oil prices and easing Middle East tensions have shifted the near-term bias in favour of the domestic unit.

Forex traders said the immediate threat to global energy supplies has significantly reduced, following easing of tensions in the Middle East. – PTI

Global news: US factory production flat in May as AI investment supports manufacturing

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US manufacturing output unchanged in May amid tariffs, AI spending surge

US factory production stayed flat in May as AI spending supported output, offsetting tariffs and energy shocks, while supply delays worsened in surveys.

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Commodities market live: Brent crude edges lower, WTI and MCX crude trade higher in early session

Brent crude oil futures traded marginally lower on Tuesday morning as markets awaited clarity on the US-Iran peace deal. 

At 9.35 am on Tuesday, August Brent oil futures were at $83.03, down by 0.17 per cent, and July crude oil futures on WTI (West Texas Intermediate) were at $80.82, UP by 0.09 per cent. June crude oil futures were trading at ₹7637 on Multi Commodity Exchange (MCX) during the initial hour of trading on Tuesday against the previous close of ₹7618, up by 0.25 per cent, and July futures were trading at ₹7547 against the previous close of ₹7522, up by 0.33 per cent.

Share market live: Affle acquires select AdColony assets from Digital Turbine to expand AI platform reach

Affle MEA FZ LLC has entered into a definitive asset purchase agreement with Digital Turbine (NASDAQ: APPS) to acquire select strategic AdColony assets, including its Android and iOS SDK, technology platform, publisher integrations, brand name and related goodwill.

The acquisition is aimed at strengthening Affle’s AI-powered Consumer Platform by expanding its SDK reach and mobile publisher connections globally.

Affle said the move supports its 10X growth strategy by enhancing its technology stack, data capabilities and intellectual property portfolio to drive premium consumer conversions through its CPCU (Cost Per Converted User) model.

Share market live: Kudankulam nuclear project advances as NPCIL completes key Unit-5 installation

NPCIL achieves major milestone at Kudankulam Unit-5 nuclear project

NPCIL installs the reactor pressure vessel at Kudankulam Unit-5, marking a key milestone in India’s nuclear power expansion and clean energy mission.

Share market live: Suven Life Sciences completes Phase-1 trial of CNS drug candidate SUVN-I6107

Suven Life Sciences has announced the successful completion of its Phase-1 first-in-human clinical study of SUVN-I6107, a novel muscarinic M1 positive allosteric modulator (M1-PAM) developed for Central Nervous System (CNS) disorders.

The company said the study demonstrated favourable safety, tolerability, pharmacokinetic and pharmacodynamic profiles, supporting the advancement of SUVN-I6107 into Phase-2 clinical development.

SUVN-I6107 is part of Suven’s pipeline of innovative therapies aimed at addressing unmet needs in CNS-related conditions.

Stock market live: Kudankulam nuclear project advances as NPCIL completes key Unit-5 installation

OPENING BELL: Stock market live: Sensex rises 254 points, Nifty up 70 points in early trade

Sensex gained 253.56 pts or 0.33% to trade at 76,517.89 at 9.16 am after opening at 76,526.77 from the previous close of 76,264.33.

Nifty 50 was up by 70.15 pts or 0.29% to 23,924.05.

Stock market live: Bharti Airtel sets up new subsidiary Airtel Global IFSC in GIFT City

Bharti Airtel incorporated a wholly-owned subsidiary in the name and style of “Airtel Global IFSC Limited” in Gujarat International Finance Tec-City (GIFT City), Gujarat, India,

Stock market live: TCS to make $70 million additional provision after US Supreme Court denies DXC Tech petition

TCS on DXC Tech litigation: United States Supreme Court has denied petition for a writ of certiorari to review the judgment of the United States Court of Appeals for the Fifth Circuit on June 15, 2026. The Company has already provided USD150 million in relation to this matter in the books of accounts in accordance with applicable accounting standards and will make necessary provision now for the incremental amount of USD70 million towards damages, interest and legal cost, as a one-time exceptional expense, in Q1 FY2027.

Stock market live: Nifty500 Multicap 50:25:25 outperforms major indices with lower drawdowns

While investor attention remains focused on the Nifty 50 and Nifty 500, the Nifty500 Multicap 50:25:25 TRI has quietly emerged as a standout performer, delivering superior returns with lower drawdowns. This analysis highlights how this underappreciated benchmark has outperformed major indices during recent market volatility and shows how the category has attracted steady inflows through funds such as the Bajaj Finserv Multicap Fund, despite being overshadowed by trendier equity categories.

Stock market live: Oil India signs MoU with CSIR for collaborative research and technology development

Oil India Limited Signs MoU with CSIR for Collaborative Research and Technology Development

Stock market live: Arvind SmartSpaces launches new Rs 180 crore project in South Ahmedabad

Arvind SmartSpaces adds new horizontal development project in Metal, South Ahmedabad with a top-line potential of ~Rs. 180 crore.

Stock market live: Mini Diamonds secures Rs 16.25 crore order for natural diamonds

Mini Diamonds (India) has secured a significant domestic order of Rs 16.25 Crore from a Mumbai based client for supply of cut and polished natural diamonds.

Stock market live: Affle to acquire AdColony assets from Digital Turbine

Affle announced that Affle MEA FZ LLC has entered into a definitive asset purchase agreement with DT (NASDAQ: APPS), formerly Digital Turbine, to acquire select strategic AdColony assets including the AdColony SDK for Android and iOS devices, tech platform, existing integration with in-app publishers and mediation platforms, the brand name, domain and the goodwill exclusively related to the assets.

Commodities update: SGX mulls new coking coal and steel contracts

Singapore Exchange plans to launch new coking coal and steel futures contracts, Tan Tee Yong, its head of ‌commodity derivatives, said on Monday, as the exchange looks to broaden ⁠its product offerings, reflecting trade flow changes. – Reuters

Commodities market live: US oil reserve hits 43-year low as emergency releases continue during Iran conflict

US Strategic Petroleum Reserve falls to lowest level since 1983 amid Iran war

US Strategic Petroleum Reserve hits its lowest level since 1983 as emergency oil releases continue amid the Iran conflict and energy supply concerns.

Debt market live: India bonds seen rangebound as focus shifts to US-Iran deal details

India bonds seen rangebound as focus shifts to US-Iran deal details

India’s bond yields are expected to remain stable as markets await details on the US-Iran peace deal and state debt supply.

Stock Market Live: Softer oil, stronger rupee lift sentiment

Rajeev Sharan, Head of Research, Brickwork Ratings

“Talks around a possible US-Iran deal have eased some of the tension in global markets, primarily by lowering the risk premium in crude oil. Brent and WTI have already fallen sharply on hopes of a durable agreement, while global equities have gained on expectations of lower energy costs and improved risk appetite. The rupee has also strengthened modestly, helped by foreign inflows into government bonds after the RBI’s recent measures improved liquidity and investor sentiment. Indian equities have responded positively as softer oil eases pressure on inflation and the external balance, though investors are still cautious about global developments. If diplomatic progress continues, India could benefit from a steadier currency, lower energy import costs, and stronger bond flows, even as the situation remains vulnerable to renewed geopolitical tensions.”

Corporate actions: General Insurance Corporation of India Ltd (GICRE)- Offer for Sale

Issue Period:- 16- June-26 to 17- June-26

For Non- Retail ( QIB +HNI ) open & close date – 16- June -26 (Today) 

For Retail open & close date – 17- June -26

Floor Price: Rs. “352.00”

Closing Price on date of announcement: Rs 387.25\u0009

Current Market Price: Rs 385.25

Base Issue size: 3.51 Crs Shares – 2.00% of O/S Capital 

Green Shoe Issue size: 5.26 Crs Shares – 3.00% of O/S Capital

Total Issue Size: 8.77 Crs equity shares (Rs. 3,087.74 Cr) – 5.00% of O/s Capital

Non-Retail Portion (QIB + HNI) – 90% of Offer Size – Bidding on 16- June -26 (Today) 

Total Issue Size: 7.89 Crs shares (Rs. 2,778.97 Cr)

Retail Portion – 10% of Offer Size – Bidding on 17- June -26

Total Issue Size: 0.88 Crs equity shares (Rs. 308.77 Cr)

Note : Upto Rs 2 lacs bids are classified as Retail and above non retail ( QIB + HNI )

Share market live: Cyient Ltd : Buyback of shares_Record date tomorrow 

Buyback Price : Rs 1,125.00/-

CMP : Rs 900.00/-

Buyback Size (in Rs) : 720.00 Crore

Buyback Size (in Shares) : 64,00,000 equity shares(representing 5.76% of total paid up Equity Share Capital)

Tender Route

Retail Quota: 9,60,000 equity shares

Last cum date: Tuesday, 16 June 2026 (Today)

Record date: Wednesday, 17 June 2026

Share market live: These 12 Stocks Closed at Fresh All-Time Highs on June 15

💥Paras Defence 

💥Apar Industries 

💥SJS Enterprises 

💥Sudeep Pharma 

💥Venus Remedies 

💥Belrise Industries 

💥Aeroflex Industries 

💥Kernex Microsystems

💥Garware Hi-tech Films 

💥Adity Birla Sun Life AMC 

💥Syrma SGS Technologies 

💥Diamond Power Infrastructure 

Stock Market Live: J.P. Morgan raises L&T target as West Asia deal lifts outlook

J.P. Morgan

Larsen & Toubro Ltd – Overweight: Middle-East Deal Removes Tail Risk; Increasing PT To Rs5060 (from 4570)

Stock Market Live: Equity markets surge as crude prices fall and rupee strengthens

Ankur Punj, MD & Business Head at Equirus Wealth

Equity markets worldover, including India, received a major boost amid talks of a likely end to the US and Iran conflict which culminated in a further drop in international crude oil prices. Local investors cheered the sharp fall in crude prices and the rupee’s recovery against the dollar resulting in renewed optimism in equity assets. Investors are hoping that FIIs will soon return to India’s equity markets amid positive signals of a likely end to the war and receding oil prices.

Share market live: TCS to make additional $70 million provision in DXC Technology case

Tata Consultancy Services (TCS) has informed the stock exchanges that the United States Supreme Court has denied its petition seeking review of a judgment related to a suit filed by Computer Sciences Corporation/DXC Technology Company.

The company said it will make an additional provision of $70 million towards damages, interest and legal costs as a one-time exceptional expense in the first quarter of FY2027.

TCS had earlier provided $150 million in its books of accounts for the matter in accordance with applicable accounting standards. The disclosure follows the Supreme Court’s decision on June 15, 2026, regarding the judgment of the US Court of Appeals for the Fifth Circuit.

India hikes windfall tax on diesel and ATF exports, petrol levy unchanged

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India hikes windfall tax on diesel and ATF exports, petrol levy unchanged

India raises windfall tax on diesel and ATF exports from June 16, while petrol levy stays unchanged, aiming to ensure fuel availability amid global tensions.

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WATCH: Today’s stock recommendation

Stock market live: India and Slovakia strengthen defence, cybersecurity and connectivity cooperation

India and Slovakia strengthen defence and cybersecurity cooperation

India and Slovakia expand strategic ties with defence, cybersecurity and connectivity cooperation, including a pact for joint defence development.

Share market live today: India, Slovakia deepen ties with agreements on jobs, education and technology

India and Slovakia sign MoUs on education, research and talent mobility

India and Slovakia sign MoUs on labour mobility, higher education, research and culture to strengthen professional exchanges and bilateral cooperation.

Share market updates: Ashok Leyland signs MoU for old truck and bus replacement scheme in Delhi-NCR, offers 8% discount

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Ashok Leyland signs MoU for Delhi-NCR truck and bus replacement scheme, to offer 8% discount

Ashok Leyland and Switch Mobility offer 8% discount under Delhi-NCR truck replacement scheme with govt incentives to boost clean mobility adoption.

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Share market live: Oil India signs MoU with CSIR to boost energy research and innovation

Oil India Limited (OIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research (CSIR) to strengthen collaboration in research, innovation and technology development in the energy sector.

The partnership aims to develop advanced solutions across upstream and downstream oil and gas operations, hydrocarbon reservoir optimisation, enhanced oil recovery (EOR), renewable energy, sustainable energy practices and critical minerals.

Corporate News: Arvind SmartSpaces adds ₹180 crore residential project in South Ahmedabad

Arvind SmartSpaces Limited (ASL) has announced a new residential horizontal development project on Kerala-Nalsarovar Road in South Ahmedabad. The Joint Development project is spread across 58.25 acres with a saleable area of 2.5 million sq. ft. and an estimated top-line potential of around ₹180 crore.

The company said South Ahmedabad has emerged as a promising micro-market for plotted developments and weekend homes, supported by rising demand and improving infrastructure connectivity.

US Supreme Court rejects TCS appeal in $168 million trade secrets case

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US Supreme Court rejects Tata Consultancy Services appeal in $168 million trade secrets case

US Supreme Court declines TCS appeal in $168 million DXC trade secrets case over life-insurance software dispute, upholding lower court ruling.

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Commodities insight: Iran war: Just an energy shock or a turning point for global markets?

Iran war: Just an energy shock or a turning point for global markets?

The Iran conflict disrupted oil and LNG supplies, but it may also accelerate EV adoption, renewable energy growth and changes in global fuel demand.

Commodities update: India’s silver imports plunge 87% in May after curbs on shipments

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India’s silver imports plunge 87% in May after government curbs

India’s silver imports fell 87% in May to a 3-year low after curbs and duty hikes, hitting volumes and potentially impacting global silver prices.

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Global market updates: South Korean shares extend gains on US-Iran deal

South Korean shares extended gains on Tuesday, tracking an overnight rally on ⁠Wall Street on the U.S.-Iran peace deal.

The benchmark KOSPI was up 64.66 points, or 0.76%, at 8,610.64, ‌as of 0120 GMT, after rising more than 2% earlier in the session. On ‌Monday, it climbed 5.2%. – Reuters

AI memory boom pushes up costs for India’s electric vehicle industry

AI memory price surge raises costs for India’s electric vehicle industry

AI-driven memory demand is pushing up RAM and semiconductor costs, creating fresh supply chain challenges for India’s electric vehicle manufacturers.

Sectoral updates: AI memory boom pushes up costs for India’s electric vehicle industry

Stock market live: Armenia to procure oncology drugs from India under national healthcare scheme

Armenia healthcare scheme opens oncology drug export opportunities for Indian pharma companies

Armenia’s universal healthcare scheme opens new export opportunities for Indian pharma firms, especially oncology drug makers, with government support.

Share market updates: Siemens secures order from Titagarh Rail Systems for Pune Metro extension project

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Siemens secures supply order from Titagarh Rail Systems for Pune Metro extension project

Siemens wins order from Titagarh Rail Systems to supply propulsion and TCMS systems for 12 trainsets in Pune Metro extension project, boosting indigenisation.

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Share market updates: IndiGo tweaks business class offering to lure flyers

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IndiGo tweaks business class offering to lure flyers

IndiGo enhances its business class, ‘Indigo Stretch,’ with priority baggage and improved meals to attract more travelers.

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Global updates: Bank of Japan set to raise rates to 31-year high, signals further increases

Bank of Japan set to raise interest rates to 31-year high amid inflation risks

Bank of Japan is expected to raise rates to 1% as inflation, weak yen and energy costs push the central bank towards tighter monetary policy.

Commodities update: Oil rebounds on concerns about US-Iran peace deal, restoration of supply

Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the resumption of ‌supply through the key Strait of Hormuz may take longer than thought.

Brent crude futures gained 26 cents, ⁠or 0.3%, to $83.42 a barrel and U.S. West Texas Intermediate rose to $81.12 a barrel, up 46 cents, or 0.3%, as of 0108 ‌GMT. 

On Monday, oil prices fell by nearly 5% to their lowest close since March 4 after U.S. ‌President Donald Trump said a memorandum of understanding was signed ‌to ⁠end the U.S.-Israeli war with Iran, which had closed ⁠the Strait of Hormuz that typically carried one-fifth of the world’s oil supply before the conflict and caused about 14 million barrels per day of output to be shut in. – Reuters

Global market updates: Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide

* Indexes up: Dow 0.92%, S&P 500 1.65%, Nasdaq 3.07%

* Nasdaq marks biggest gain since late March

* Chip sector outperforms with 5.5% rally

* Fox stumbles after $22 billion deal for Roku

* CBOE Volatility Index falls to over one-week low

– Reuters

Commodities update: Gold steady as investors await details of US-Iran peace deal

Gold prices were largely steady on Tuesday after rising to a more than one-week high in the previous session, as investors awaited further details on ‌the U.S.-Iran peace deal. 

* Spot gold was up 0.1% at $4,311.36 per ounce, as of 0049 GMT, ⁠after rising over 2% on Monday to hit its highest level since June 5 – Reuters

Iran war latest: US-Iran deal signed, text to be released after Friday signing: Trump

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US-Iran deal signed, text to be released after Friday signing, says Trump

Trump says Iran deal is signed and Strait of Hormuz will reopen soon, with text release expected after Friday signing and sanctions tied to Iran’s actions.

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Day Trading Guide for June 16, 2026: Intraday supports, resistances for Nifty50 stocks

Day Trading Guide for June 12, 2026: Intraday supports, resistances for Nifty50 stocks

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI.

Natural gas futures: Support under test

Natural gas futures: Support under test

Traders can go short on a breach of ₹286

Stock to buy today: Elecon Engineering Company (₹559.90) – BUY

Stock to buy today: Elecon Engineering Company (₹559.90) – BUY

Short-term supports are at ₹545 and ₹520. Elecon Engineering Company share price can rise to ₹625 in the coming weeks