Turtlemint Fintech Solutions IPO: The issue, comprising a fresh issue of ₹660.7 crore and an offer-for-sale of ₹221.9 crore, is priced at ₹144-152 per share and will close for subscription on June 23.
IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.
Reliance Industries shares are in focus after Jio Platforms filed its DRHP for what could be India’s largest IPO. The issue will be entirely a fresh offer, with no OFS component. At the AGM, Mukesh Ambani outlined growth plans across AI, new energy, O2C operations, and retail expansion.
Eight stocks in the Nifty200 pack featured in the RSI Trending Up scan on June 19 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Tata Motors (TMCV) will be in focus after announcing orders for over 3,400 electric commercial vehicles across freight, logistics, and passenger segments, highlighting strong demand for its EV portfolio. The company sees rising adoption of electric mobility in India, supported by expanding product lines, large-scale deployments, and a growing EV ecosystem. The stock has also gained 6% over the past month.
Global markets saw a dip as Middle East tensions escalated, pushing oil prices and bond yields higher, signaling increased U.S. interest rate risk. Political uncertainty in the UK also weighed on sterling. Investors are now keenly watching upcoming U.S. inflation data and central bank commentary for further clues on monetary policy direction, with markets pricing in a higher chance of a Fed rate hike.
Analyst target prices suggest several Sensex heavyweights could offer strong upside over the next 12 months. Based on Trendlyne consensus estimates, stocks including TCS, Infosys, HIL, Eternal and Reliance Industries show return potential ranging from 20% to 40% amid a more selective market environment.
Indian fathers are redefining legacy, moving beyond just assets to financial behaviour. The rise of micro-investing and digital platforms allows for consistent, small-scale participation, making wealth creation an everyday habit. This shift, driven by accessibility and automation, teaches children valuable lessons in discipline and long-term planning, shaping a more enduring inheritance than mere wealth.
SEBI’s decision to restore open-market buybacks through stock exchanges marks a pragmatic regulatory shift that supports efficient capital allocation. The move recognises evolving market dynamics while maintaining safeguards, giving companies greater flexibility to return surplus capital and strengthening confidence in market-led decision-making.
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