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Kotak Recommends HDFC Bank, ICICI Bank as Top Picks on Attractive Valuations
Kotak has flagged HDFC Bank (HDFC) and ICICI Bank (ICICIBANK) as top picks within India’s banking sector, citing compelling valuations after a sharp correction. On June 24, 2026, Nifty Bank surged nearly 2%, with ICICI Bank gaining 2.7% to ₹1,374 and HDFC Bank rising 2% to ₹790 on the NSE. Both stocks dominate Nifty Bank’s…
HDFC AMC to Report June Quarter Results on This Date; Key Details Inside
HDFC Asset Management Company (HDFCAMC) is gearing up to report its June quarter (Q1 FY27) results in July 2026. HDFC AMC’s board approved Q4 FY26 results on April 16, 2026. Following this pattern, the Q1 FY27 board meeting is expected in mid-to-late July 2026. For FY26, net profit rose 16.17% to ₹2,858.06 crore, while sales…
UN Halts Strait of Hormuz Evacuation Plan After Cargo Ship Attack
The Strait of Hormuz is once again at the center of global attention after the United Nations temporarily suspended its evacuation operation for stranded commercial ships. The decision came after a cargo vessel was struck near the coast of Oman, raising fresh concerns about maritime security. The incident has also increased uncertainty for global oil…
Bitcoin Price Today: BTC Holds at $59,900 as Inflation Worries Persist
Bitcoin (BTC-USD) is clinging to the $59,900 level on June 26, 2026, following one of its sharpest single-day drops this year. Bitcoin fell to $58,000 on June 25, its weakest level since September 2024, after hotter US inflation data dented expectations for Federal Reserve rate cuts. US PCE rose 4.1% year-on-year in May, with core…
Stock Market Closed Today: BSE, NSE Observe Muharram Holiday; MCX Opens for Half Day
Today’s stock market holiday brings a complete halt to Indian equity trading. Indian stock markets are closed on June 26 for Muharram, with no trading in equity, derivatives, currency, SLB, and electronic gold receipts (EGR) on this day. Muharram marks the 10th listed holiday of 2026 out of 16 total scheduled trading holidays. Since Friday’s…
Elon Musk Loses Trillionaire Status as Tesla and SpaceX Valuations Fall
As of June 2026, Elon Musk is no longer a trillionaire after falling valuations at Tesla and SpaceX (SPCX) stock erased billions from his estimated fortune. The sharp decline came as technology stocks faced renewed selling pressure and investors pulled back from high-growth companies. Even after the setback, Musk remains the world’s richest person, showing…
S&P 500, Dow Futures Rise Despite Big Tech Losses and Hot Inflation; AAPL, MSFT, BABA in Focus
U.S. stock market futures edged higher on June 27, 2026, even as major technology stocks faced renewed selling pressure and fresh inflation data came in hotter-than-expected. The surprising market resilience has shifted investors’ attention to whether the broader rally can continue despite concerns over interest rates. At the center of the action are Apple (AAPL),…
Waterways Leisure Tourism IPO Allotment: Check GMP and Share Status Online
We trace important trends for the newly closed public book-built issue. The bidding process officially concluded on June 25, 2026. All eyes now turn to the upcoming allocation process next week. Tracking the shifting IPO GMP gives vital clues about listing gains. Key Offering Details The firm targeted a total issue size of ₹585 crore….
Kospi Slumps as SoftBank Selloff Hits Asian Markets
Asian stock markets came under heavy pressure on June 26, 2026, as a sharp selloff in SoftBank shares triggered fresh concerns across the technology sector. South Korea’s Kospi also fell, with chip giants leading the losses as investors pulled back from AI-related stocks after months of strong gains. The market reaction highlights growing caution over…