📰 Latest Economy & Stock Market News
HDFC MF, ADIA among buyers as Sepia Investments offloads Rs 749 crore in Corona Remedies via block deal
Updated at : 2026-06-17 21:25:02

Sepia Investments and Anchor Partners sold shares worth about Rs 777 crore in Corona Remedies through block deals. HDFC Mutual Fund emerged as the largest buyer, while several institutional investors, including Aberdeen entities, ADIA, Invesco and WhiteOak, also accumulated stakes.

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Market Trading Guide: Titagarh Rail among 2 stock recommendations for Thursday
Updated at : 2026-06-17 21:20:02

Indian equities extended their recovery amid easing US-Iran tensions and softer crude prices. Analysts recommended Titagarh Rail Systems and Engineers India, citing bullish technical patterns, strong momentum, improving volumes and favorable positioning above key moving averages for potential near-term gains.

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Rupee hits six-week high on RBI measures and dollar inflow hopes
Updated at : 2026-06-17 20:20:02

The rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer crude prices and expectations of stronger FCNR-B deposit inflows. The currency touched a six-week high before trimming intraday gains.

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Indian crypto traders are moving to futures. Here's where the math actually works
Updated at : 2026-06-17 19:25:02

WazirX Futures brings direct INR access, the lowest fees in the domestic market, and built-in risk guardrails to a segment that has quietly been leaking volume to offshore platforms.

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Sebi warns of no regulatory recourse for investors trading in unlisted securities
Updated at : 2026-06-17 19:20:02

Sebi has cautioned investors against trading unlisted securities through unauthorized websites and electronic platforms. The regulator said such platforms operate outside its oversight, leaving investors without regulatory safeguards, grievance redressal mechanisms or access to investor protection benefits.

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Harmony Infra Ventures to invest Rs 800 cr in luxury housing project in Delhi-NCR
Updated at : 2026-06-17 18:30:02

Harmony Infra Ventures is investing Rs 800 crore in a new luxury housing project called The Horizon Residences in Indirapuram, Ghaziabad. The project will feature 264 units, with prices ranging from Rs 6-7.5 crore. Around 100 units have already been sold. The company expects to complete the project by 2030 and anticipates revenue of Rs 1,600 crore.

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Quote of the day by Bill Miller: "By the time market declines (or advances) are front-page news, they usually have run their course."
Updated at : 2026-06-17 18:20:02

Bill Miller’s quote highlights how markets often move ahead of news coverage, leaving latecomers exposed to poor timing. The piece explains why headline-driven investing can be risky, emphasises the role of sentiment, and underlines the importance of independent thinking, discipline and a forward-looking approach in navigating financial markets.

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Buying US stocks via Gift City to get easier as Zerodha, Groww, Angel One and Upstox get nod
Updated at : 2026-06-17 17:20:02

Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and Upstox secured regulatory approvals from GIFT City’s IFSCA. The licences will enable the brokerages to facilitate overseas investing, tapping into growing demand for global equities under the RBI’s Liberalised Remittance Scheme.

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91% of Indian crypto investors avoid panic trading during market volatility: Mudrex
Updated at : 2026-06-17 15:30:03

A Mudrex survey of over 6,000 active crypto traders found that 91% of Indian investors avoid panic trading during market volatility, opting instead for measured portfolio adjustments or patient observation. The study also highlighted rising long-term investing habits, conservative crypto allocations, and growing adoption of crypto SIPs across India.

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