📰 Latest Economy & Stock Market News
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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Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' framework
Updated at : 2026-06-16 19:35:02

Sebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life under specific conditions. This move aims to address practical challenges during winding-up, enabling AIFs to manage pending liabilities and operational expenses more effectively.

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Struggling Pizza Hut restaurant chain will be sold for $2.7 billion
Updated at : 2026-06-16 19:30:03

Pizza Hut is on the brink of transformation as Yum Brands agrees to sell the struggling chain for a hefty $2.7 billion. The deal paves the way for private equity firm LongRange Capital to take control in numerous markets, while Yum China Holdings Inc. will oversee operations in mainland China.

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Automobiles, electrical machinery push sales of listed private manufacturing companies in Q4: RBI data
Updated at : 2026-06-16 19:25:02

Indian manufacturing companies saw sales jump 14.5 percent in early 2026. Automobiles, electrical machinery, and metals led this growth. Overall private firms also posted strong double-digit sales increases. This performance highlights a robust period for Indian industry. Input costs rose, but staff costs moderated for manufacturers. Services firms also experienced significant sales expansion.

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