Stock Market Highlights 12 June 2025: Sensex tumbles 823.16 points to settle at 81,691.98; Nifty tanks 253.20 points to 24,888.20

stack of silver coins with trading chart in financial concepts and financial investment business stock growth | Photo Credit: Sakorn Sukkasemsakorn

• 16:05 | June 12, 2025

  Stock market live updates: This live blog is closed for the day.

• 16:02 | June 12, 2025

  Currency market live updates: Rupee falls 7 paise to settle at 85.60 against US dollar

  

  Rupee falls 7 paise to settle at 85.60 against US dollar

  The rupee declined 7 paise to close to 85.60 (provisional) against the US dollar on Thursday amid a steep fall in the domestic equity markets and a rise in global crude oil prices.

• 15:45 | June 12, 2025

  Currency market live updates: Rupee falls 7 paise to 85.60 (provisional) against US dollar

• 15:44 | June 12, 2025

  Share market live updates: Sensex tumbles 823.16 points to settle at 81,691.98; Nifty tanks 253.20 points to 24,888.20

• 15:35 | June 12, 2025

  Share market live updates: Boeing shares fall after plane crashes in India

  

  Boeing shares fall after plane crashes in India

  Shares of planemaker Boeing slid in premarket US trading on Thursday after an Air India aircraft with more than 200 people crashed near the airport in Ahmedabad.

• 15:07 | June 12, 2025

  Share market live updates: CoRover Unveils a Foundational Model, BharatGPT Mini, at VivaTech Paris 2025

  CoRover, a leading Conversational AI company, has announced the launch of its new lightweight Small Language Model (SLM), BharatGPT Mini, designed to deliver robust AI capabilities across low-infrastructure and compute-constrained environments. Trained on CoRover’s proprietary conversational dataset, BharatGPT Mini is a 0.5 billion (or ~534 million) parameter model capable of performing text-in, text-out tasks in 14 Indic languages.

  The model is optimized for edge and server implementations, enabling seamless AI performance on low-end devices. This strategic development addresses the growing demand in India for cost-effective, fast, and privacy-centric AI solutions that operate without reliance on high-end cloud infrastructure.

  “Shri Jitin Prasada, Hon’ble Union Minister of State of India for Commerce & Industry and Electronics & Information Technology, launched BharatGPT Mini, a Small Language Model developed by CoRover.ai, making advanced technology accessible to all. This multilingual AI model can work offline, making it perfect for businesses and citizens alike. Citizens can now access healthcare, education, government services, banking, and more in 14 Indian languages, simply by speaking.”

• 15:06 | June 12, 2025

  Stock market live updates: Artha Bharat Launches Artha Global Multiplier Fund for NRIs to Invest in US Stock Market

  Artha Bharat Investment Managers IFSC LLP, a premier alternative investment firm backed by renowned fund managers Sachin Sawrikar and

  Nachiketa Sawrikar, has launched the Artha Global Multiplier Fund — a long/short hedge fund designed to help NRIs (Non-Resident Indians), OCIs (Overseas Citizens of India), PIOs (Persons of Indian Origin) and Foreign investors gain strategic exposure to the high-growth U.S. equity markets. This is one of the first offshore dedicated fund being launched and managed from GIFT city by any International Financial Services Centres Authority (IFSCA) registered Fund Management Entity.

  “As one of the largest GIFT city registered Fund Management Entities with full fledged IFSCA regulated operations, we are in a prime position to provide global investors access to a differentiated investment proposition in the world’s biggest stock market. The U.S. stock

  market not only represents nearly 74% of the MSCI World Index but has also consistently outperformed Indian markets over long investment cycles,” said Sachin Sawrikar, Managing Partner at Artha Bharat Investment Managers IFSC LLP. “This fund empowers global Indians to invest in the world’s largest and most dynamic equity market — the United States — through a diversified, professionally managed strategy.”

  The Artha Global Multiplier Fund is a hedge fund for NRIs that invests in liquid U.S. equities, event-driven strategies, and derivatives. It focuses on six major U.S. market themes:

  Technology and Retail

  Consumer Staples C Discretionary

  Artificial Intelligence (AI) C Innovation

  Financial Services

  Healthcare C Biotechnology

  Renewable and Clean Energy

• 15:05 | June 12, 2025

  Share market live updates: INOX India Launches India’s First Ultra-High-Purity Ammonia ISO Tank Container

  INOX India Limited (BSE: 537507, NSE: INOXINDIA), one of the world’s leading cryogenic technology solutions providers, has announced the launch of India’s first ultra-high-purity (UHP) ammonia T-50 ISO tank container. This ground-breaking innovation is a significant contribution by INOX India towards strengthening the semiconductor and solar panels ecosystem globally. The ultramodern tank container, designed, engineered and manufactured by INOX India, features an impressive capacity and is engineered to withstand high pressures levels. Built to meet the highest international standards including ASME Sec VIII, Div-1 with U-designated construction, the ISO tank incorporates innovative technology specifically designed for ultra-high-purity ammonia applications.

  The state-of-the-art ISO tank is engineered for unparalleled product integrity. Its core feature is a high-precision internal finish with a surface roughness below 0.3 RA, a standard extended to all piping elements with orbital-welded joints to guarantee the highest level of purity for ammonia. This commitment to quality is matched by advanced rock wool insulation with polished stainless-steel cladding for superior thermal and acoustic protection. Additionally, for providing a fail-safe protection, the ISO tank comes with a spring-actuated emergency shut-off mechanism, facilitating valve closing remotely.

• 15:04 | June 12, 2025

  Share market live updates: Shriram Group Launches Shriram Wealth, a Strategic 50:50 Joint Venture with Sanlam Group

  Shriram Group has launched Shriram Wealth Ltd, in partnership with Sanlam Group, a leading South African financial services provider, with expertise in insurance, asset management and wealth management across 31 countries. This 50:50 joint venture brings together over 150 years of combined wealth creation legacy and a shared commitment to long-term financial prosperity.

  Shriram Wealth aims to serve India’s growing base of affluent and high net-worth investors with personalized solutions prioritising relationship over transactions. The company will offer wealth management, lending solutions, protection solutions, global investment opportunities, and inheritance and legacy planning — backed by tech-led innovations and Sanlam’s global investment expertise.

  With Shriram Wealth, the Group signals its intent to not just participate in India’s wealth wave – but to lead it, responsibly and inclusively.

  “With Shriram Wealth, our vision is to be the most trusted partner, maximizing client wealth and create value that endures over time,” said Vikas Satija, Managing Director & CEO of Shriram Wealth. “In collaboration with Sanlam’s global investment knowledge, our mission is to deliver transparent, research-driven, and relationship-first solutions for India’s rising investor base.”

  Subhasri Sriram, MD & CEO, Shriram Capital, said, “Shriram Wealth represents the next chapter of growth for the Shriram Group. This is more than a joint venture — it’s a mission to unlock financial prosperity for millions of Indians.”

• 15:03 | June 12, 2025

  Share market live updates: ICICI Bank commits over ₹550 crore to Tata Memorial Centre to expand cancer care in the city

  ICICI Bank, in collaboration with Tata Memorial Centre (TMC), today announced commencement of the construction of a new building at the Homi Bhabha Cancer Hospital and Research Centre (HBCHRC) in Visakhapatnam, Andhra Pradesh.

  With a commitment of over ₹550 crore, the Bank is funding the construction of a state-of-the-art facility spanning nearly 3.9 lakh square feet, equipped with cutting-edge medical technology.

  Once operational, the eight-storied new building-- ICICI Foundation Block for Child and Blood Cancer—will serve 3,000 patients annually. Currently, HBCHRC, Visakhapatnam has a capacity of handling 6,200 patients annually.

  Designed as one of the largest specialised cancer facilities in Eastern India, the new building will house over 215 beds. It is expected to be completed by 2027, subject to necessary approvals. ICICI Foundation for Inclusive Growth, the CSR arm of ICICI Bank, will oversee its implementation.

• 15:02 | June 12, 2025

  Stock market live updates: Former Nykaa Retail Head Shailendra Singh Joins D’Moksha as Co-Founder & COO

  Shailendra Singh, former Business Head – Physical Retail at Nykaa joins US-based luxury home décor brand D’Moksha as Co-Founder and Chief Operating Officer (COO). His joining marks a key milestone in D’Moksha’s journey as it prepares for a bold rollout in India

  Since its inception in 2020, D’Moksha has garnered a devoted following across the U.S. with its exquisite, ethically crafted home textiles, including premium curtains and table linens. By leveraging a vertically integrated supply chain and efficient logistics from India, the brand delivers fast fulfillment and unparalleled boutique-like quality, redefining the home textile experience.

  “Shailendra’s arrival comes at a transformative moment for D’Moksha,” said Manav Dhanda, Co-founder & CEO. “His leadership across digital and physical retail, combined with deep operational acumen, makes him a powerful addition to our founding team. Together, we’re poised to scale our U.S. success and make a meaningful impact in India. There’s something big coming—stay tuned.”

• 14:14 | June 12, 2025

  Stock market live updates: VBJ Appoints Deepansh Bhargava as SVP; the company welcomes Deepansh Bhargava to its senior leadership team in a strategic marketing role.

• 13:28 | June 12, 2025

  Stock market live today: Happiest Minds appoints Anand Balakrishnan as new CFO

  Happiest Minds Technologies has appointed Mr. Anand Balakrishnan as its Chief Financial Officer (CFO) and Key Managerial Personnel, effective June 12, 2025. He will report to Managing Director Mr. Venkatraman Narayanan, who will now focus solely on his role as MD after stepping down from his additional CFO responsibilities. The appointment was approved by the Audit and Nomination Committees.

• 13:25 | June 12, 2025

  Stock market live today: Bharat Biotech, GSK team up to develop Shigella vaccine for global health

  

  Bharat Biotech partners with GSK to develop Shigella vaccine for children in LMICs

  Bharat Biotech joins GSK to develop a Shigella vaccine to fight shigellosis in children, with Phase 3 trials underway and focus on low-income countries.

• 12:37 | June 12, 2025

  Stock market live today: RBI to tighten remittance rules, bar offshore time deposits

  

  RBI to tighten remittance rules, bar offshore time deposits

  New RBI regulations target passive parking of funds abroad, tightening rules for overseas remittances by resident Indians.

• 12:35 | June 12, 2025

  Trump says again he’ll set unilateral tariffs in two weeks

  

  Trump says again he’ll set unilateral tariffs in two weeks

  President Trump plans to set unilateral tariff rates for trading partners, sending letters within two weeks.

• 12:28 | June 12, 2025

  Commodities market updates: Copper eyes rebound

  

  Copper eyes rebound

  Copper futures hit 10-week high at ₹886.90, may drop to ₹866 support or rally to ₹930 resistance levels.

• 12:25 | June 12, 2025

  Stock market live today: Aptech bags State Government contract for computer-based exams

  Aptech Limited has secured a domestic contract from a state government body to conduct computer-based examinations, with services scheduled to begin from June 2025.

• 12:17 | June 12, 2025

  Stock market live today: Anupam Rasayan signs LoI with European firms to supply lithium-ion battery chemicals

  Anupam Rasayan India Ltd. has signed a Letter of Intent with E-Lyte Innovations and FUCHS Lubricants Germany to supply up to 1,500 TPA of Lithium Hexafluorophosphate (LiPF6), marking its entry into the fast-growing lithium-ion battery chemicals market with potential commercial deliveries starting FY 2026-27.

• 12:16 | June 12, 2025

  Share market live today: Anupam Rasayan partners with Japanese conglomerate to boost specialty chemicals supply

  Anupam Rasayan India Ltd. has signed a long-term Master Purchase Agreement with a Japan-based multinational conglomerate, strengthening its strategic presence in Japan and positioning itself as a key supplier of specialty chemicals in high-growth sectors.

• 12:15 | June 12, 2025

  Stock market live today: Crisil reaffirms Ratnamani Metals’ Rs 2,200 crore bank loan ratings

  Crisil Ratings Limited has reaffirmed Ratnamani Metals & Tubes Limited’s bank loan ratings at Crisil AA/Positive for long-term and Crisil A1+ for short-term, covering Rs. 2,200 crore in facilities.

• 12:11 | June 12, 2025

  Share market live today: Dhampur Sugar completes buyback of over 10 lakh shares at Rs. 185 each

  Dhampur Sugar Mills Limited has completed a buyback of 10,81,081 equity shares at Rs. 185 each, totaling up to Rs. 20 crore, via the tender offer route. 

• 12:00 | June 12, 2025

  Stock market live today: SEPC bags Rs 650-cr solar EPC project in Maharashtra

  

  SEPC bags ₹650-crore solar EPC project in Maharashtra

  Engineering solutions provider SEPC on Thursday said it has bagged a ₹650-crore order to set up solar capacities totalling 133 MW in Maharashtra.

• 11:45 | June 12, 2025

  Stock market live today: Aegis Logistics subsidiary commissions 82,000 mt LPG terminal in Mangalore

  Aegis Logistics Limited’s wholly owned subsidiary, Sea Lord Containers Limited, has commissioned a cryogenic LPG terminal in Mangalore with a storage capacity of 82,000 MT starting June 12, 2025. The terminal, developed for associate company Aegis Vopak Terminals Limited, will be transferred later with further updates to be shared.

• 11:39 | June 12, 2025

  Share market live today: Raymond Ltd to list property biz on bourses in Sep quarter to pursue growth

  Raymond Ltd will list its real estate business on the stock exchanges in the second quarter of this fiscal year as it has demerged this vertical to tap immense growth opportunities.

  Raymond Ltd has successfully demerged the real estate business after getting all regulatory approvals and will now focus on engineering vertical. - PTI

• 11:37 | June 12, 2025

  Stock market live today: India’s coal output to further decline in June followed by fall of 4.7% in Apr-May: Nuvama

  The coal output in the country is expected to decline further in June as demand remained muted across several regions during the pre-monsoon season, according to a report by Nuvama Research.

  The report highlighted that India’s major coal producer, Coal India Ltd (CIL), has started FY26 on a weak note with sales volumes falling about 4.7 per cent year-on-year during the April-May 2025 period.

  It said “Volume growth missing; long-term volume growth too at risk COAL started FY26 on a soft note with sales volume down approx. 4.7 per cent YoY during Apr-May ‘25. We reckon a volume decline even in Jun-25”. - ANI

• 11:26 | June 12, 2025

  Stock market live today: Shakti Pumps bags Rs. 114.58 crore order for 4,500 solar water pumps in Maharashtra

  Shakti Pumps (India) Limited has received a work order worth approximately Rs. 114.58 crore from Maharashtra Energy Department Agency to supply 4,500 off-grid solar photovoltaic water pumping systems under the PM-KUSUM scheme across Maharashtra.

• 11:24 | June 12, 2025

  Stock market live today: RateGain unveils real-time analytics solution for travel distribution teams

  RateGain Travel Technologies Limited has launched a real-time analytics solution designed for commercial teams in the travel and hospitality sector. Unlike traditional tools made for hotel revenue managers, this new solution offers instant, synchronized insights tailored for distribution teams, helping them save time spent on manual data collection and enabling faster, data-driven decisions to maximize revenue.

• 11:13 | June 12, 2025

  Shae market live today: Nifty Bank Prediction today – Jun 12, 2025: Index testing a support zone

  

  Nifty Bank Prediction today – Jun 12, 2025: Index testing a support zone

  Nifty Bank index falls 0.3%, futures down 0.25%; potential rally to 58,000, support at 56,250-56,400, long at 56,400.

• 10:49 | June 12, 2025

  Share market live today: Investors jostling for India exposure rev up block trades, IPOs

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  Investors jostling for India exposure rev up block trades, IPOs

  India’s market for share sales is warming up after a several dull months, as companies and shareholders cash in on a buoyant stock market

  ​

• 10:44 | June 12, 2025

  Stock market live updates: Nifty Prediction Today – June 12, 2025: Hovers above the range support. Stay out of the market

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  Nifty Prediction Today – June 12, 2025: Hovers above the range support. Stay out of the market

  Nifty 50 June Futures contract has to sustain above 25,130 to avoid more fall

  ​

• 10:18 | June 12, 2025

  Stock market live today: Adani plans Airport Unit IPO by 2027, hastens $100 billion capex

  

  Adani plans Airport Unit IPO by 2027, hastens $100 billion capex

  Adani Group plans to list airports unit by 2027, investing $100 billion in various businesses for growth.

• 10:17 | June 12, 2025

  Stock in focus: Paytm slumps after Govt denies MDR return

  Shares of One 97 Communications, the parent company of Paytm, dropped as much as 10% to an intraday low of ₹864.20 on the BSE on Thursday, after the Finance Ministry refuted reports about a potential reintroduction of the merchant discount rate (MDR) on UPI transactions. As of 10:22 a.m., the stock was trading 6.28% lower at ₹900.10

• 09:32 | June 12, 2025

  Commodities market live today: Crude oil futures decline after previous session’s rise amid US-Iran tensions

  

  Crude oil futures decline after previous session’s gains

  Crude oil futures traded lower on Thursday morning, after rising nearly 4 per cent in the previous session due to escalating tensions between the US and Iran.

• 09:28 | June 12, 2025

  Stock in focus: Eternal large trade: 60.93 lakh shares worth Rs 156.65 Cr traded at Rs 257.1/share

  Eternal LargeTrade | 60.93 Lk Shares (0.06% Eq) Worth Rs 156.65 Cr Change Hands At Rs 257.1/sh In Block Deal Window

• 09:26 | June 12, 2025

  Stock Recommendations: Brokerages on HDFC Life, ITC,  Indian AMCs, Real Estate, CVs, Max Health, Dr Reddy’s, and more 

  GS on HDFC Life

  Management meet takeaways

  Moderate 1H followed by pickup in H2; To outperform industry growth

  Higher surrender profits has been largely mitigated; Pricing discipline to help maintain profitability

  Lower rates to aid Non Par demand

  Regularly repricing products to reflect the falling yields

  Macquarie on ITC

  O-P, TP Rs 500

  Traction in ITC’s trade promotions & innovations to counter Marlboro should lower vol growth gap vs Godfrey Philips in few qtrs. 

  Expect margin weakness to reverse across cig & FMCG in 2H

  Cut EPS 2% 

  HSBC on Indian AMCS

  SIP flows hold up, lumpsum flows weak

  Valuations for AMCs are now close to peak of last cycle

  Expect earnings to grow at slower rate

  Remain cautious on the sector despite structural growth opportunities

  Citi on Indian Banks Deposit Rate Action

  HDFC Bank has cut deposit rates by 50bps in >5lks bucket

  No cut for Kotak, Axis, ICICI; offer 3.25% in >5lks bucket

  Federal Bank offers 3.5% in >5lk Savings Account

  HDFC Bank has reduced retail term deposit rates by 25bps to 6.6%

  Kotak, ICICI, Axis have reduced term deposit rates by 25-30bps to 6.6%

  RBL offers term deposit rates of 7.75%

  Jefferies on Real Estate

  Pre-sales growth for covered developers is likely to rise by 5ppt YoY to 20%+ in FY26.

  Large project launches in 1Q lend credibility to guidances

  Rate cuts are a relief & +vely correlated with developer vals

  Prefer DLF, GPL, LODHA

  HSBC on CVs

  Western dedicated freight corridor looks set to shave 3-5% off MHCV vol growth in 2-3 yrs after completion

  Other parameters-Widening of highways, live tracking of fleet &tight credit policies; think MHCV vol growth will remain rangebound

  AL TP Rs 250

  Tata M TP Rs 770

  Jefferies on Max Health

  Buy, TP Rs 1400

  CO has embarked on a new journey to increase its bed capacity by 75% to 9000 over next 3-4 yrs

  Majority of new bed additions is through brownfield expansion, which has faster breakeven timelines & provides superior growth visibility

  Nomura on DR Reddys

  Buy, TP Rs 1575

  Management meet takeaways

  Can still undertake acquisition of $2- 2.5bn; however will remain selective & conscious of valuation

  Cost reduction- management can reduce spend by 500bp (from 37% to 32% of sales) to ensure EBITDA margins at 25%

  CLSA on Tata Com

  O-P, TP Rs 2100

  Management commentary on growth implies an 18% Ebitda Cagr versus our 15% Cagr forecast to Rs69bn consol.

  Ebitda by FY28CL. TCom is working on monetising surplus land & highlighted strong growth outlook for STT GDC’s data centre biz

  GS on USL

  Buy, TP Rs 1700

  Await excise duty increase details on bottled in origin (imported spirits) and bottled in India scotch, which account for 30% of USL’s revenue

  Also await more clarity on exact level of consumer price increase that would be needed to pass on duty increase

  UBS on One97 Com

  Neutral, TP Rs 1000

  Fin Min refuted reports claiming introduction of MDR on UPI; delay/non-introduction sentiment -ve

  Build 1bp contribution to Co’s net payment margin from either MDR or increased incentive

  Absent both, FY26/27E adj EBITDA has >10% downside risk

• 09:23 | June 12, 2025

  Stock in focus: Zee Entertainment to review business plans and growth initiatives in upcoming Board meeting

  Zee: Interesting Development !

  Zee Entertainment has convened a Board meeting on Monday 16th wherein an investment banker will apprise the Board of its review of the Company’s business plans and the growth initiatives for the next three to five years. They may suggest any risk mitigation thoughts for the execution of such plans. They may also recommend potential

  fund-raising options, if any.

  Another Board meeting will take place on the same day to decide on accepting the recommendations of the investment banker either in full or part.

• 09:22 | June 12, 2025

  Share market live today: Macro and market update

  Trump Says He’ll Set Unilateral Tariffs in Two Weeks

  President Donald Trump said he intended to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties on multiple economies. “At a certain point, we’re just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,” he added.

  EU seeks easier quality control certification under trade deal

  The EU seeks simplified certification under India’s Quality Control Orders (QCOs) during FTA talks. India may allow online applications and EU CAB accreditation. Five FTA chapters concluded; both sides aim to finalize the deal by end-2025, boosting India’s preferential access to Europe.

  Defence Capex To Rise To 2.5% Of GDP In FY26

  India is targeting capital expenditure on defence to reach 2.5% of GDP by fiscal 2026, as part of a broader push to strengthen military capabilities and accelerate procurement as per the Defence Secretary. He added - it should go up by about at least 20% CAGR every year on the capex front, leading to a five-year target of achieving about 2.5% of the GDP by the end of the next financial year. 

  Centre slashes import duty on crude edible oils

  In a major policy move aimed at containing food inflation and boosting domestic refining, the Centre has reduced the Basic Customs Duty (BCD) on crude edible oils—including crude sunflower, soybean, and palm oils—from 20% to 10%. 

  US consumer prices rise moderately in May

  The consumer price index CPI increased 0.1% last month after rising 0.2% in April, vs estimates of 0.2%. Year on year, the CPI climbed 2.4%, vs a 2.3% rise in April. Core CPI rose 0.1% after gaining 0.2% in April and increased 2.8% on a year-on-year basis in May after rising 2.8% in April.

  Japan’s business mood worsens as US tariff uncertainty takes toll

  An index measuring big firms’ business confidence fell to -1.9 in the current quarter, following +2.0 in January-March, Ministry of Finance data showed. Manufacturers surveyed by the government expect recurring profit to fall 1.2% in the current fiscal year ending in March 2026, bigger than a 0.6% drop projected in the previous survey.

  UK government department budgets to rise by 2.3% a year

  British finance minister Rachel Reeves said the government’s departmental budgets will grow by 2.3% a year in real terms, as she laid out her plans to divide up more than 2 trillion pounds ($2.7 trillion) of public spending. 

  Asian markets

  Asia-Pacific markets traded mixed as investors assessed U.S. President Donald Trump’s declaration that a trade deal with China was “done.” Softer US inflation keeps USD muted and injected downside in US 10y yield. Eyes will be on India’s CPI data release later in the day. 

  Brent 69.8, USD 98.34, US 10y 4.398%, Gift Nifty -0.04%

• 09:22 | June 12, 2025

  Equity preview

  H.G. Infra (HGINFRA): Lowest bidder for Odisha Transmission System Project at tariff INR431.11M/year

  Hindustan Copper (HCP): Plans $234M Capex in 5-6 Yrs to Triple Capacity

  Life Insurance Corp (LICI): India Panel Recommends R Doraiswamy for LIC CEO Role

  Marine Electricals (MARINE): Gets INR604.4M orders

  Maruti Suzuki (MSIL): NCLT approved Maruti Suzuki first motion order

  Mos Utility (MOS): Approves one for one free shres issue; Split each shares into five

  Nibe Ltd. (NIBE): Gets INR233.3m order for supply of Armor Plate

  SEPC Ltd. (SEPC): Gets INR6.5b order for 133 mw AC Solar Power Project

  Sterlite Technologies (SOTL): Sterlite Tech, Dilip Buildcon Consortium Gets $308M BSNL Order

  Sun Pharmaceutical (SUNP): Pharmazz gets $25M Strategic equity investment from Sun Pharmaceutical

  Tanla Platforms (TANLA): To consider proposal for shares buy-back on June 16

  Zee Entertainment (Z); Board meet on June 16 to Discuss Growth Plans at Board Meeting

• 09:21 | June 12, 2025

  Stock market live today: ASIAN PAINTS HAS 35 MILLION SHARES TRADED IN A BLOC

  ASIAN PAINTS

  3.5 crore shares traded in ASIAN PAINTS

  Large trade value: ₹7,704 crore

  Deal executed in block deal window

  Transaction involved 3.6% equity

• 09:20 | June 12, 2025

  OPENING BELL: Sensex, Nifty open flat

  Indian benchmark indices opened flat on Thursday amid mixed global cues, with the Sensex down 41 points at 82,473 and Nifty slipping 1 point to 25,139. Analysts expect continued consolidation despite a boost from better-than-expected US inflation figures. Headline CPI came in at 2.4% and core at 2.8%, easing concerns over aggressive rate hikes. This benefits interest rate–sensitive sectors in India

• 08:23 | June 12, 2025

  Stock market live today: Fund Houses Recommendations 

  CLSA on Tata Comm: Maintain Outperform on Company, target price at Rs 2100/Sh (Positive)

  Jefferies on Max Health: Maintain Buy on Company, target price at Rs 1400/Sh (Positive)

  Nomura on Dr Reddy’s: Maintain Buy on Company, target price at Rs 1575/Sh (Positive)

  MS on Life Insurance sector: Individual new sum assured growth stronger that individual APE for most large players: Morgan Stanley on India Life Insurance. (Positive)

  HSBC on AMCs: SIP flows up, lump sum flows weak. Valuations of AMCs are now at peak (Neutral)

  GS on HDFC Life: Expect moderate H1 growth followed by a pickup in H2, target price at Rs 830/Sh (Neutral)

  Citi on HCL tech: Maintain Neutral on Company, target price at Rs 1510/Sh (Neutral)

  Citi on Britannia: Maintain Buy on Company, target price at Rs 5645/Sh (Neutral)

  Citi on Hind Zinc: Maintain Sell on Company, target price at Rs 400/Sh (Neutral)

  UBS on PayTM: Maintain Neutral on Company, target price at Rs 1000/Sh (Neutral)

  GS on United Spirits: Maintain Buy on Company, target price at Rs 1700/Sh (Neutral)

  Macquarie on United Spirits: Maintain Underperform on Company, target price at Rs 1250/Sh (Negative)

• 08:22 | June 12, 2025

  Share market live today: Securities in F&O Ban For Trade Date 12-June-2025

  * ABFRL

  * CHAMBLFERT

  * CDSL

  * HINDCOPPER

  * IEX

  * IREDA

  * RBLBANK

  * TITAGARH

• 08:22 | June 12, 2025

  Stock market live today: Ketan Shah resigns as Chief Sales and Revenue Officer of Angel One, effective July 18

  ANGEL ONE:

  Mr. Ketan Shah, Whole-Time Director & Chief Sales and Revenue Officer (Assisted Business), resigns effective July 18, 2025, citing personal reasons.

  🟠 Negative to Neutral – May cause short-term concern over leadership gap in sales; impact depends on succession planning.

• 08:21 | June 12, 2025

  Stock market live today: INOX WIND Merger Update – Key Boost for Balance Sheet

  🔹 NCLT Chandigarh approves merger of Inox Wind Energy Ltd (IWEL) with Inox Wind Ltd (IWL)

  🔹 Major restructuring move by the INOX Group to simplify wind energy operations

  🔹 Merger to bring ~₹2,000 Cr reduction in liabilities for IWL

  🔹 Expected to enhance operational efficiencies and strengthen the balance sheet

• 08:19 | June 12, 2025

  Opening Bid: Sensex, Nifty to open flat amid mixed global cues, positive US inflation data

  

  Gift Nifty points to muted opening; US inflation and India Q4 earnings offer support

  Indian markets likely to open flat amid mixed global cues. Positive US inflation data and strong Q4 earnings support optimism. Gift Nifty signals flattish open.

• 07:36 | June 12, 2025

  Share market live today: SBI partners with MMRC to launch ‘RuPay On-The-Go’ contactless ticketing for Mumbai Metro Line 3

  State Bank of India, the nation’s largest and most trusted bank, in collaboration with Mumbai Metro Rail Corporation Ltd. (MMRC), has enabled contactless ticketing solution, ‘RuPay On-The-Go’ for Mumbai Metro Line 3. Officially launched by Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis, this innovative system provides seamless and interoperable digital payments for metro travel across all ‘RuPay On-The-Go’ enabled metro lines across the country.

  With its stored value feature, the solution allows swift offline transactions as well, ensuring a smooth and uninterrupted commuting experience, even without internet access. With the launch of this solution, SBI has become the exclusive issuer of ‘RuPay On-The-Go’ cards for this metro line.

  This latest deployment reinforces SBI’s continued leadership in transforming public transport payments through innovative and customer-centric solutions. With a strong focus on innovation and customer centricity, since 2019, SBI has been leading the adoption of digital ticketing solutions in public transport through National Common Mobility Card (NCMC) programs.

• 07:36 | June 12, 2025

  Stock market live today: Fitch affirms GAIL’s IDR at ‘BBB-’ with a Stable Outlook, reflecting government ownership

  Fitch Ratings - Singapore/Mumbai - 11 Jun 2025: Fitch Ratings has affirmed India-based utility GAIL (India) Limited’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-’. The Outlook is Stable. Its rating is constrained at the Indian sovereign rating of ‘BBB-’, based on Fitch’s Government-Related Entities (GRE) Rating Criteria. The Indian government owns 51.9% of GAIL.

• 07:35 | June 12, 2025

  Share market live today: CORPORATE ACTION

  Avantel Ltd Final Dividend - Rs. - 0.20

  Ethos Ltd Right Issue of Equity Shares

  ICICI Prudential Life Insurance Company Ltd Final Dividend - Rs. - 0.85

  JK Lakshmi Cement Ltd Dividend - Rs. - 6.50

  Tata Chemicals Ltd Final Dividend - Rs. - 11.00

  Trent Ltd Final Dividend - Rs. - 5.00

  Swastik Safe Deposit & Investments Ltd Final Dividend - Rs. - 1.00

• 07:35 | June 12, 2025

  Stock market live today: OneSource teams up with Xbrane for biosimilar manufacturing.

  OneSource Specialty Pharma a multi-modality specialty pharma pure-play CDMO, and Xbrane Biopharma AB a Sweden-headquartered biotechnology company, announced a partnership focused on the commercial manufacturing of Xbrane’s biosimilar portfolio.

• 07:34 | June 12, 2025

  Stock market live today: Talbros Automotive Components secures orders worth Rs 580 cr from leading OEMs for the next 5 years

  Talbros Automotive Components along with its JV’s has received orders worth ~Rs. 580 Cr for both domestic and exports market from the leading OEM’s. These orders are to be executed over the period of next 5 years.

• 07:33 | June 12, 2025

  Stock market live today: Mahindra Logistics launches new warehousing facility in Phaltan for Cummins India

  Mahindra Logistics has announced the launch of its new state-of-the-art warehousing facility in Phaltan, Maharashtra, strengthening presence in one of India’s fastest-growing industrial corridors. Over 3 lakh sq. ft of this mega site is now operational as a dedicated site for Cummins India.

• 07:32 | June 12, 2025

  Stock market live today: Minda Corporation partners with Toyodenso Co. Ltd. to launch joint venture for automotive switches in India

  Minda Corporation and Toyodenso Co. Ltd. (TEC) – Japan have signed an agreement for manufacturing and selling of advanced Automotive Switches for Automotive Segment in India. This Joint Venture shall be operational through incorporation of a new joint venture entity.

• 07:30 | June 12, 2025

  Watch out for these stocks: HG Infra, Hind Copper, Northern Arc, GRSE, Sterlite Tech, RailTel Corp, Kaynes, GMM Pfaudler, NIBE, Mahindra Lifespace

  

  Watch out for these stocks: HG Infra, Hind Copper, Northern Arc, GRSE, Sterlite Tech, RailTel Corp, Kaynes, GMM Pfaudler, NIBE, Mahindra Lifespace

  NIBE receives Rs 23.33 crore order, HG Infra lowest bidder, OrbiMed divests stake, HCL to invest ₹2,000 crore.

• 07:23 | June 12, 2025

  Commodities market live today: Oil surges 4% as US moves troops, Iran threatens retaliation

  

  Oil prices hit 2-month high on Iran tensions, US troop move

  Oil prices surged as U.S. troop pullouts and Iran threats raised supply concerns, while falling inventories and trade optimism added to crude’s upward momentum.

• 07:15 | June 12, 2025

  Global market updates: Major U.S. listed stocks result calendar 12.06.2025

  Adobe Inc (Post market) (Sector- Technology)

  Ferrovial SE (TENT) (Sector- Construction)

• 07:15 | June 12, 2025

  Stock market live today: Economic Calendar – 12.06.2025

  11:30 U.K. GDP m/m (Expected: -0.1% versus Previous: 0.2%)

  11:30 U.K. Industrial Production m/m (Expected: -0.4% versus Previous: -0.7%)

  16:00 INDIA Inflation Rate y/y (Expected: 3.00% versus Previous: 3.16%)

  18:00 U.S Unemployment Claims (Expected: 242K versus Previous: 247K)

  18:00 U.S. PPI m/m (Expected: 0.2% versus Previous: -0.5%)

• 07:14 | June 12, 2025

  Global market updates: Oracle Q4 2025 Earnings

  Adj EPS $1.70, est. $1.64

  Adj. Rev. $15.90b, est. $15.59b

  Adj. Operating income $7.04b, est. $6.85b

  Cloud infrastructure Rev. (IAAS) $3b, est. $3.07b

  Expects triple-digit multicloud revenue growth to continue in FY26

  (Numbers seen inline but guidance seen positive for outlook)

• 07:14 | June 12, 2025

  Share market live today: Fund Flow Activity: 11th June 2025

  Turnover: (NSE + BSE)

  Cash Volume: 124232.01 + 8714.59 Total: 132946.6

  F&O Volume: 18783331.95 + 1477988.04 Total: 20261319.99

  Provisional Cash

  FII/FPI: NET SELL: -446.31

  (14,530.87 - 14,977.18) 

  DII: NET BUY: + 1,584.87

  (14,764.75 - 13,179.88)

• 07:13 | June 12, 2025

  Global markets updates: US consumer prices rise 0.1% in May, below expectations

  *US MAY CONSUMER PRICES RISE 0.1% M/M; EST. +0.2% 

  *US MAY CONSUMER PRICES RISE 2.4% Y/Y; EST. +2.5% 

  *US MAY CORE CPI RISES 0.1% M/M; EST. +0.3% 

  *US MAY CORE CPI RISES 2.8% Y/Y; EST. +2.9%

• 07:12 | June 12, 2025

  Stock market live today: Garden Reach signs contract with Geological Survey of India for two coastal research vessels

  Garden Reach: Company signs contract with Geological Survey of India for two coastal research vessels (Supportive for stock prices)

• 06:56 | June 12, 2025

  Share market live today: SEBI mandates validated UPI addresses for registered intermediaries to curb cyber frauds

  

  SEBI mandates validated UPI addresses for registered intermediaries to curb cyber frauds

  SEBI mandates new UPI address mechanism for intermediaries to protect retail investors from cyber frauds.

• 06:56 | June 12, 2025

  Stock recommendations: IFB Industries (Add)

  

  Broker’s call: IFB Industries (Add)

  IFB Industries (IFBI) reports 22.3% revenue growth, with strong demand in RAC business and cost reduction initiatives underway.

• 06:55 | June 12, 2025

  Stock recommendations: Senco Gold (Buy)

  

  Broker’s call: Senco Gold (Buy)

  Senco Gold shows strong growth in revenue, EBITDA, and PAT, targeting 18-20% topline growth and focusing on diamond sales.

• 06:55 | June 12, 2025

  Stock market live today: IRCTC gears up to crash the online travel agency party; chases fintech play with payment licence

  

  IRCTC gears up to crash the online travel agency party; chases fintech play with payment licence

  IRCTC plans to merge OTA platforms for improved hotel and air bookings, focusing on non-railway tourism revenues.

• 06:55 | June 12, 2025

  Stock market live today: Centre mandates trusted IT gear for power sector security

  

  Centre mandates trusted IT gear for power sector security

  Elevated cyber attack risks prompt Centre to enhance security measures for power infrastructure with Trusted Telecom Portal implementation.

• 06:54 | June 12, 2025

  Stock market live today: SBI hires 13,455 junior associates to enhance customer experience at branches

  

  SBI hires 13,455 junior associates to enhance customer experience at branches

  State Bank of India hires 13,455 Junior Associates to enhance customer experience, part of significant industry-wide recruitment effort.

• 06:52 | June 12, 2025

  Stock in focus: Pressure on NIM likely to ease from Q3: PNB MD Ashok Chandra

  

  Pressure on NIM likely to ease from Q3: PNB MD Ashok Chandra

  PNB CEO expects NIM to improve, plans to increase RAM lending and focus on corporate credit in FY26.

• 06:51 | June 12, 2025

  Stock market live today: Cabinet approves ₹6,405 crore Railway projects across Jharkhand, Karnataka and AP

  

  Cabinet approves ₹6,405 crore Railway projects across Jharkhand, Karnataka and AP

  India's Cabinet approves two railway projects worth over Rs ₹6,400 crore, enhancing connectivity and operational efficiency across multiple states.

• 06:51 | June 12, 2025

  Commodities market updates: NSE gets SEBI nod to launch monthly electricity futures

  

  NSE gets SEBI nod to launch monthly electricity futures

  NSE approved to launch monthly electricity futures contracts, aiming to hedge risks, stabilise prices, and attract investments in power sector.

• 06:50 | June 12, 2025

  Stock in focus: ‘Texmaco Rail aims to turnaround Kalindee biz, make it profitable within two financial years’

  

  ‘Texmaco Rail aims to turnaround Kalindee biz, make it profitable within two financial years’

  Texmaco Rail & Engineering plans to demerge Kalindee Rail, aiming to double revenue and expand globally within 3 years.

• 06:50 | June 12, 2025

  Stock in focus: BSE shares fall as NSE puts it under additional surveillance list

  

  BSE shares fall as NSE puts it under additional surveillance list

  BSE shares dip after NSE places stock under Additional Surveillance Measure, triggering investor caution and regulatory scrutiny.

• 06:49 | June 12, 2025

  Share market live today: Maruti Suzuki ‘Dzire’ becomes first sedan to receive 5-Star Bharat NCAP rating

  

  Maruti Suzuki ‘Dzire’ becomes first sedan to receive 5-Star Bharat NCAP rating

  Maruti Suzuki receives 5-star rating for Dzire in Bharat NCAP, plans to equip all models with six airbags.

• 06:49 | June 12, 2025

  Stock market live today: Pine Labs to file DRHP with market regulator; group CFO resigns

  

  Pine Labs to file DRHP with market regulator; group CFO resigns

  Fintech major Pine Labs plans to file IPO with SEBI, aiming to raise Rs ₹5,000 crore, amidst C-suite changes.

• 06:49 | June 12, 2025

  Share market live today: SEBI settlement order in Brightcom irregularities issue

  

  SEBI settlement order in Brightcom irregularities issue

  SEBI approves settlement order against Brightcom Group executives for financial irregularities, with fines and restrictions imposed.

• 06:48 | June 12, 2025

  Stock market live today: NTPC raises $750 million via ECB

  

  NTPC raises $750 million via ECB

  NTPC secures $750 million ECB Syndicated Term Loan for renewable energy projects.

• 06:48 | June 12, 2025

  Stock market live today: Tata Comms defers digital revenue ambitions by a year

  

  Tata Comms defers digital revenue ambitions by a year

  Tata Communications' revenue goal of ₹280 billion from data may be delayed, but growth is expected from digital services.

• 06:47 | June 12, 2025

  Stock market live today: Canara Bank reduces Repo linked lending rate in line with the RBI MPC

  

  Canara Bank reduces Repo linked lending rate in line with the RBI MPC

  Canara Bank reduces Repo Linked Lending Rate by 0.50%, aligning with RBI's 50 basis points repo rate cut.

• 06:46 | June 12, 2025

  WATCH: Today’s Stock Recommendation: June 12, 2025
• 06:44 | June 12, 2025

  Recommendations: Stock to buy today: Biocon (₹354.30) – BUY

  

  Stock to buy today: Biocon (₹354.30) – BUY

  Biocon stock shows strong upward momentum, with potential to reach ₹400; buy at ₹354, accumulate at ₹350, set stop-loss at ₹330.

• 06:44 | June 12, 2025

  Technicals: Trading guide for June 12, 2025: Intraday supports, resistances for Nifty50 stocks

  

  Day trading guide for June 12, 2025: Intraday supports, resistances for Nifty50 stocks

  Intraday trade recommendations with entry and stop-loss levels based on Technical Analysis, with potential exit resistances and supports.

Published on June 12, 2025