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"While there is always a bit of correlation with our western peers, I have a strong faith in the Indian growth story. It is hard to predict the impact, however being cautious would be our approach. To keep things in perspective, the markets have still not corrected to the levels before the euphoric rally we witnessed last year."

U.S. crude production, which has been largely stagnant over the last few months, edged up 100,000 barrels per day last week to 12 million bpd, its highest level since April 2020, data from the Energy Information Administration showed.U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week through June 10, the EIA said.

Investors appeared to take comfort from the view that the U.S. economy will benefit in the long run if prices are brought under control in the short term. Fed projections showed economic growth slowing to a below-trend rate of 1.7%, and policymakers expect to cut interest rates in 2024.

Stocks which were in focus included names like Tata Steel which was up over 1 per cent, Tata Communications which fell 5 per cent, and Affle India which rose over 5 per cent.

However, it was not immediately clear how many A350 aircraft will be purchased by Air India. Air India has not bought a single aircraft since 2006 when it had placed orders for purchasing 111 aircraft -- 68 from the US-based aircraft manufacturer Boeing and 43 from European aircraft manufacturer Airbus.

BSE-listed Siti Networks is the biggest of the four accounts in this portfolio, accounting for ₹198.5 crore. The other three accounts are those of MEP Infrastructure Developers, with a principal loan of ₹125 crore, Hotel Horizon at ₹163 crore, and Sterling Urban Development at ₹90 crore.

Net foreign fund outflow from India in 2022 has crossed the Rs 2-lakh-crore mark, the biggest annual figure ever and more than double the previous high of Rs 80,917 crore recorded in 2018. Of the total, over 90%, or about Rs 1.9 lakh crore, was because of selling by foreign portfolio investors (FPIs) in the stock market, data from CDSL showed.

SBI has hiked the minimum interest rates for home loans to 7.55 per cent. The move follows a 50 basis points hike in repo rate to 4.90 per cent by the Reserve Bank of India last week.

Shares of Galactico Corporate Services and Ajanta Soya will go ex-split today. Galactico Corporate Services had announced the splitting of shares into face value of Re 1 from the face value of Rs 10 meanwhile Ajanta Soya had announced the splitting of shares into face value of Rs 2 from the face value of Rs 10.

JK Files has asset turnover of three times, translating into incremental revenue of around ₹450 crore. The company is soon set to hit the IPO route. According to the draft red herring prospectus filed with the market regulator, the company has an installed capacity of 8.2 million ring gears at the end of June 2021.