Four stocks in the Nifty200 pack featured in the RSI Trending Up scan on June 23 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.Read More

Advit Jewels IPO has entered Day 2 of bidding with strong investor demand and a GMP of around 41%, indicating potential listing gains. The issue has been subscribed over 11 times, led by retail and NII interest. Proceeds will fund working capital, debt repayment and corporate expansion initiatives.Read More

LIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity for investors to buy shares to qualify under the T+1 settlement cycle. The payout, subject to AGM approval, comes alongside broader dividend announcements across several listed companies.Read More

Bajaj Auto shares dipped 2% following a ransomware attack on its systems and subsidiary, Bajaj Auto Technology Ltd, on June 23, 2026. The company is taking immediate steps to contain the impact. This news surfaces just before the June 24 record date for its substantial Rs 5,632 crore share buyback, set to commence on July...Read More

IRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims to boost the stock’s free float and liquidity. The sale, part of the Centre’s divestment drive, follows similar offerings in other public sector undertakings. Despite a significant...Read More

The Rs 88.51-crore IPO was subscribed 2.70 times during the three-day bidding period. The issue saw strong institutional interest, with the qualified institutional buyers (QIB) portion subscribed 20.32 times and the non-institutional investor (NII) category booked 5.10 times. However, the retail portion remained undersubscribed at 0.84 times.Read More

Vedanta Aluminium shares are drawing attention after CLSA initiated coverage with an ‘Outperform’ rating and a Rs 540 target, citing a strong aluminium cycle and operational strengths. The brokerage anticipates backward integration will boost the company’s global cost position and expects robust free cash flow generation. Despite a recent dip post-debut, analysts see significant upside...Read More

Waterways Leisure Tourism IPO entered Day 2 with weak investor demand and a GMP of around 1%, signalling a flat listing outlook. Subscription stood at just 19% on Day 1, with limited institutional interest. Analysts advise caution, recommending investors focus on long-term prospects rather than listing gains.Read More

South Korea remains in the emerging-market category as MSCI cites persistent foreign exchange market accessibility issues. Despite ongoing reforms, including plans for round-the-clock trading, the index provider requires more time to assess their impact. While the country’s benchmark KOSPI has seen remarkable gains, driven by AI-related semiconductor stocks, its market accessibility hurdles continue to prevent...Read More

Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that more oil tankers stranded in the Gulf since the start of the Iran conflict are preparing to move through the Strait of Hormuz.Read More