📰 Latest Economy & Stock Market News
Dixon Tech shares rally 5% amid reports of government nod for Vivo JV this month
Updated at : 2026-06-17 11:20:02

Dixon Technologies shares surged rose sharply on Wednesday after reports suggested the government may approve its long-pending joint venture with Vivo this month. The proposed JV, in which Dixon will hold a majority stake, is expected to strengthen smartphone manufacturing capabilities in India while reducing Vivo’s regulatory risk exposure in the market.

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Brigade Enterprises shares rally 10% after bonus issue. Here's why you can ignore the 22% plunge
Updated at : 2026-06-17 10:20:02

Brigade Enterprises shares appeared to plunge 22% on Wednesday after adjusting for its 1:3 bonus issue, but the decline was purely technical and did not erode shareholder value. After opening at the adjusted price of Rs 559.70 against the previous close of Rs 720.25, the stock rallied about 10% to an intraday high of Rs 595.95. The company had announced its first bonus issue in nearly seven years, granting one bonus share for every three shares held as of the June 17 record date.

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Decision-Day Guide: Warsh faces first big test as Fed Chair
Updated at : 2026-06-17 09:20:02

Former Fed governor Kevin Warsh, if elevated to Federal Reserve Chair, faces his first major test amid heightened market sensitivity to US monetary policy direction. Investors are closely watching his stance on interest rates, inflation control, and growth balance. His decisions could shape global liquidity trends, bond yields, and equity market sentiment at a time of economic uncertainty.

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Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?
Updated at : 2026-06-17 08:20:02

The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability to resume oil sales.

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SpaceX options trading debut draws record volume as investors chase rocket stock
Updated at : 2026-06-16 23:20:02

SpaceX options trading saw massive investor interest on Tuesday. Over half a million contracts traded in the first hour. This made SpaceX the most heavily traded company ever on its debut options day. Demand was high for bullish call options. This activity helped boost the stock price. SpaceX shares climbed significantly, placing it among the top-five most valuable companies.

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Market Trading Guide: Netweb Technologies, Rane Holdings among 5 stock recommendations for Wednesday
Updated at : 2026-06-16 21:20:02

Indian equities extended their recovery as easing US-Iran tensions and softer crude prices supported sentiment. Analysts highlighted Titagarh Rail, Rane Holdings, Bandhan Bank, CMPDI and Netweb Technologies, citing bullish chart patterns, improving momentum and strong technical indicators for near-term gains.

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India bonds muted as sparse US-Iran deal details cap oil-led gains
Updated at : 2026-06-16 19:45:02

Tuesday saw Indian government bonds holding firm amidst a backdrop of market anticipation surrounding a possible U.S.-Iran peace negotiation. The easing of crude oil prices lent a glimmer of hope to traders. The 6.94% 2036 benchmark note yield settled at 6.8651%, as overnight index swap rates dipped alongside the oil downturn, compounded by advance tax withdrawals influencing market liquidity.

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Quote of the day by Bernard Baruch: "In the stock market, one quickly learns how important it is to act swiftly"
Updated at : 2026-06-16 19:40:02

Bernard Baruch highlights the importance of swift decision-making in markets. The piece explains how preparation enables investors to act quickly without being reckless, especially during volatile periods. It emphasises balancing speed with discipline, noting that successful investing depends on readiness, conviction, and the ability to capitalise on time-sensitive opportunities.

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