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SNB Holds Rates at Zero as Dollar Strength Pressures Swiss Franc, June 19
SNB holds rates at zero as inflation remains tame at 0.6%. USD/CHF climbs 0.51% amid Fed hawkishness and policy divergence.
Anthem Biosciences Sees ₹1,275 Crore Block Deal as Societe Generale, Prudential Buy 3% Stake
Anthem Biosciences just attracted serious global institutional attention. On June 19, 2026, the Bengaluru-based pharma services company saw a large block deal hit the National Stock Exchange. Global investors led by Societe Generale, Prudential Hong Kong, and Ghisallo Capital Management acquired a combined 3% stake in Anthem Biosciences from promoter Aruna Ganesh for ₹1,275 crore…
Accenture Plunges 18% After Cutting Growth Outlook, June 19
Accenture stock drops 18% after cutting FY26 revenue growth to 3-4% and announcing $4.17B in cybersecurity deals, despite beating EPS expectations.
SpaceX Stock Falls 4% on Profit-Taking Despite Investment-Grade Ratings, June 19
SpaceX stock falls 4% on profit-taking despite investment-grade ratings from Moody’s, Fitch, and S&P. SPCX up 37% from $135 IPO price.
Ukraine Strikes Moscow Refinery in Largest Drone Attack, June 19
Ukraine’s largest drone attack hits Moscow’s Gazprom refinery, damaging fuel supply. Gasoline prices rise 20% in capital.
IFCI Rebounds 6% as NSE IPO Filing Fuels Stakeholder Rally, June 19
IFCI shares jump 6% to Rs 87.50 after NSE IPO filing. Stock up 58% in a month and 65% in 2026 as stakeholder in the Rs 30,000 crore IPO.
Admiral Shares Drop 4% After RBC Downgrade and Price Target Cut to 3,450p
Admiral Group shares came under pressure after RBC Capital Markets downgraded the stock and reduced its price target to 3,450p, triggering a sharp 4% decline in trading. The move reflects growing concerns about future earnings growth, dividend prospects, and challenges in the UK motor insurance market. As investors reassess the insurer’s outlook in June 2026,…
Supreme Court Narrows Drug-User Gun Ban, June 19
Supreme Court ruling limits federal gun ban on drug users, requiring prosecutors to prove danger rather than assume it.
European Stocks Edge Higher Despite Cancellation of U.S. Iran Talks; STOXX 600 Gains 0.2%
European stocks traded slightly higher on Friday despite the cancellation of planned United States and Iran peace talks. Investors remained cautious but did not rush to sell equities. Instead, they focused on stronger energy shares, stable healthcare stocks, and encouraging inflation data from Germany. The pan-European STOXX 600 index added 0.2%, showing that markets remained…