Indian markets experienced profit-taking in the latter half of the session due to rising geopolitical tensions, leading investors to reduce risk. Volatility was high with significant intraday swings. Analysts suggest Nifty is consolidating between 23,000 and 23,550, anticipating this trend to continue until a clear breakout. Global markets showed mixed but generally positive movements.Read More

Asian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also anticipated Elon Musk’s SpaceX IPO, which set a record $75 billion. President Trump indicated a potential peace deal signing soon, boosting market sentiment.Read More

Wall Street surged Thursday as President Trump called off Iran strikes, easing oil prices and boosting stocks. Investors anticipate SpaceX’s record-breaking IPO today, with shares set to debut Friday. Despite inflation concerns from producer price data, the market showed resilience, with major indexes posting significant gains. The Fed is expected to maintain current interest rates.Read More

SpaceX is set to make history with the largest IPO ever on the Nasdaq, pricing shares at $135 each for a valuation nearing $1.8 trillion. This blockbuster debut could propel Elon Musk to trillionaire status, raising a record $75 billion. The offering, which includes Musk’s xAI and X, is significantly oversubscribed and reserves a substantial...Read More

SpaceX has priced its record-breaking U.S. IPO at $135 per share, raising $75 billion and valuing the company at $1.77 trillion. This makes it one of the world’s most valuable companies, surpassing established giants. The offering, which saw significant retail allocation, culminates Elon Musk’s ambitious project despite questions about its lofty valuation.Read More

Asset manager BlackRock sought to ​buy at ​least $5 billion worth of shares ​in the initial public offering of Elon Musk’s SpaceX , the Wall Street Journal reported on ‌Thursday, ⁠citing people ⁠familiar with the matter.Read More

Indian equities witnessed sharp swings before ending lower amid expiry-day volatility and rising geopolitical concerns. Profit booking in broader markets, weakness in IT stocks and cautious global sentiment overshadowed support from banking and pharma shares, keeping investors on edge.Read More

Domestic markets recovered modestly on easing oil prices and selective buying in banking and pharma stocks. Analysts have recommended Allied Blenders and JB Chemicals, citing strong technical breakouts, rising volumes, bullish momentum and supportive trend indicators despite broader market consolidation.Read More

Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable market-driven price discovery, help unlock shareholder value and allow each standalone company to pursue sector-specific growth opportunities independently.Read More

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable competitors like Amazon and Microsoft.Read More