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Fidelity Select Biotechnology Portfolio

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Avience Biomedicals Ltd Share Price Jumps 90%: Stock Lists at ₹395.20 on NSE SME After IPO at ₹208
📅 in about 5 hours

Avience Biomedicals Ltd Share Price Jumps 90%: Stock Lists at ₹395.20 on NSE SME After IPO at ₹208

Avience Biomedicals Ltd (NSE SME: AVIENCE) delivered one of the standout SME debuts of 2026. The IPO was priced at ₹208 per share, with a price band of ₹196 to ₹208. On June 25, 2026, the stock listed at ₹395.20 on NSE SME Emerge, a gain of approximately 90% over the issue price. The debut…

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Live Market: Sensex up 530 pts, Nifty +0.64% at 24,175; Maruti, M&M, Eicher gainers
📅 in about 5 hours

Live Market: Sensex up 530 pts, Nifty +0.64% at 24,175; Maruti, M&M, Eicher gainers

Indian stock markets extended their winning streak on June 25, with the Sensex climbing more than 530 points and the Nifty advancing 0.64% to 24,175 during intraday trade. The rally was driven by strong buying in auto stocks, led by Maruti Suzuki, Mahindra & Mahindra, and Eicher Motors.  Falling crude oil prices and improving global…

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MCX Gold Price Drops 0.37%, Silver Slides 1.07% Amid Rising US Fed Rate Hike Expectations
📅 in about 5 hours

MCX Gold Price Drops 0.37%, Silver Slides 1.07% Amid Rising US Fed Rate Hike Expectations

On June 25, 2026, MCX Gold futures faced fresh selling pressure as hawkish US Federal Reserve signals rattled bullion markets. Gold futures (August contract) on the Multi-Commodity Exchange opened at Rs 1,45,000 per 10 grams, down Rs 1,528 or 1.04% from the previous close of Rs 1,46,529. Silver followed suit, deepening losses from the prior…

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Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program 
📅 13 hours ago

Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program 

Rheinmetall (ETR: RHM) suffered its worst single-day drop ever on June 24, 2026, falling as much as 16% intraday before stabilizing around –13% by 09:06 GMT. Germany’s defence ministry scrapped the delayed F126 frigate program, eliminating a €12.8 billion contract that Rheinmetall had been set to lead. TKMS shares surged 9.8% in response, marking the…

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Asia Stocks Mixed as KOSPI Jumps 3.3% While Indonesia Falls 2.4%
📅 13 hours ago

Asia Stocks Mixed as KOSPI Jumps 3.3% While Indonesia Falls 2.4%

We observed significant volatility across major regional indices on June 24, 2026. The broader Asia stocks landscape delivered a highly lopsided trading session for global macro participants. South Korea staged a spectacular technology-led recovery. Meanwhile, Southeast Asian risk assets buckled under index reclassification fears. This divergence shows how localized corporate catalysts are dictating regional equity…

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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps
📅 14 hours ago

Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps

Rheinmetall shares came under strong pressure after Germany made a surprise decision to cancel the F126 frigate program. The move triggered a sharp reaction across European defense stocks, with investors reassessing future naval contracts and long-term order visibility. The cancellation also shifted attention toward rival shipbuilder TKMS, which saw a strong upside in trading. The…

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Sensex Surges 791 Points to 76,991 as Nifty Reclaims 24,000
📅 14 hours ago

Sensex Surges 791 Points to 76,991 as Nifty Reclaims 24,000

Indian stock markets staged a strong comeback as Sensex surged 791 points to close at 76,991, while the Nifty 50 gained 197 points to settle at 24,021, reclaiming the crucial 24,000 level. The rally was driven by strong buying in banking and IT stocks, easing crude oil prices, improved global sentiment, and renewed optimism around…

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Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal 
📅 15 hours ago

Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal 

Honasa Consumer shares fell nearly 4% to ₹403.50 after the company announced its ₹135 crore acquisition of a majority stake in Fluence Pharma in June 2026. The deal marks a major step into India’s fast-growing nutraceutical market, expanding beyond traditional beauty and personal care products.  While the stock market reacted cautiously, the move highlights Honasa’s…

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Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price
📅 19 hours ago

Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price

Liotech Industries made a weak stock market debut on June 24, 2026, as its shares listed at ₹257 on the BSE SME platform, nearly 20% below the IPO price of ₹321. The disappointing start came despite the issue receiving moderate investor interest during the subscription period.  The sharp decline has raised concerns about valuations and…

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