Indian stock markets closed in the red on Tuesday, June 17, dragged down by profit booking in heavyweight stocks and weak global cues. Both benchmark indices—Sensex and Nifty 50—slipped as investors turned cautious ahead of key global events. The Sensex lost 213 points, or 0.26%, to settle at 81,583.30, while the Nifty 50 declined by 93 points, or 0.37%, to close at 24,853.40. Mid- and Small-Caps Under Pressure Broader markets saw deeper cuts. The BSE
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The Securities and Exchange Board of India (SEBI) is expected to issue its much-anticipated circular today, bringing clarity on the new expiry day framework for equity derivatives across stock exchanges. This marks the conclusion of a consultation process that began in March 2025, aimed at streamlining contract expiries and curbing excessive market volatility. As first reported by CNBC-TV18 on May 22, SEBI had proposed limiting equity derivatives contract expiries to just two days in a
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India’s wholesale inflation eased to 0.39% in May 2025, marking its lowest level in 14 months, according to government data released on June 16. This is the third straight month of decline in the Wholesale Price Index (WPI), signaling continued disinflationary momentum across the economy. The latest figures follow the Consumer Price Index (CPI) falling to a near six-year low of 2.82%, reflecting broad-based cooling, particularly in food inflation, which dipped below 1%—a level not
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India’s trade deficit narrowed to $21.88 billion in May 2025, down from $26.42 billion in April, a five-month high, according to data released by the Ministry of Commerce and Industry on Monday. The decline was primarily driven by a drop in imports. The figure also came in lower than the $25 billion estimate projected by economists in a Reuters poll, offering a positive surprise for markets. Export and Import Trends Merchandise exports fell 2.2% year-on-year
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Shares of Tata Motors Ltd. dropped by as much as 5% on Monday, June 16, after its luxury vehicle arm Jaguar Land Rover (JLR) issued a cautious outlook for the current financial year (FY26). Weaker Profitability & Cash Flow Guidance JLR expects its EBIT margin to fall to 5–7% for FY26, down from 8.5% last year. Additionally, the UK-based unit, which had reported £1.5 billion in free cash flow previously, now anticipates that figure to
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