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Vedanta Oil and Gas Shares Hit 5% Lower Circuit for Second Consecutive Session After Listing
Vedanta Oil and Gas shares extended their losing streak on June 16, 2026. The stock fell 4.99% to lock at its lower circuit limit of ₹35.20 apiece. That decline pushed the company’s market capitalization below ₹13,800 crore, settling at ₹13,764.57 crore. This marks the second consecutive session of 5% lower-circuit losses since the stock’s debut…
Sarvam AI Deal Boosts HCLTech Stock 3% as Company Acquires 10.46% Stake for $150 Million
HCLTech just placed a major bet on India’s sovereign AI ambitions. On June 15, 2026, HCL Technologies (NSE: HCLTECH) announced it would invest $150 million in Sarvam AI as the lead strategic investor in the company’s Series B funding round. HCLTech will acquire 41,421 equity shares, representing a 10.46% stake in Sarvam AI, with the…
Top 5 US Equity Picks June 2026: Meyka AI Portfolio System Tracks Winning Stocks in Real Time
Picking the right US equity picks in June 2026 is not guesswork. The Meyka AI portfolio system scans thousands of stocks on the NYSE and NASDAQ in real time, grades each one, and surfaces the names showing the strongest market signals. This month, five mega-cap and large-cap names rose to the top. They carry a…
Hindustan Zinc Chief Arun Misra Poised for Vedanta Group CEO Position After Demerger
The Indian metals and mining sector is going through one of its biggest transformations in years. At the center of this shift is the Vedanta Group’s massive demerger plan and leadership reshuffle. Recent reports suggest that Arun Misra, the current CEO of Hindustan Zinc, is being considered for a senior leadership role as the potential…
Vedanta Demerger Unlocks 20% Value: Aluminium Arm Emerges as Most Valuable Segment
Vedanta’s long-awaited demerger is already reshaping investor expectations. In June 2026, the company’s newly separated businesses began trading independently, helping unlock an estimated 20% increase in shareholder value. Among the five entities, Vedanta Aluminium has emerged as the most valuable segment, reflecting strong growth prospects and market confidence. The move marks a major shift for…
Gina Rinehart Buys Over $1 Billion Stake in SpaceX After Record-Breaking IPO
Gina Rinehart, Australia’s richest person, confirmed a “significant investment” in SpaceX on June 15, 2026. Her company, Hancock Prospecting, participated in SpaceX’s blockbuster Nasdaq debut, the largest capital raise in history. SpaceX raised $75 billion, selling over 555 million shares at $135 each. SPCX opened at $150, climbed to $176.52, and closed at $161.11, a…
Day Closing: ASX200 Surges 1.25% to 8,914 as Gold and Base Metals Rally on Strait of Hormuz Hopes
Australian shares finished sharply higher on June 15, 2026, with the ASX200 jumping 1.25% to close at 8,914, its strongest performance in weeks. The rally was fueled by renewed optimism over shipping stability through the Strait of Hormuz, easing concerns about global trade and energy supplies. Gold miners and base metal producers led the gains…
Vedanta Group Stock Update: Aluminium and Power Arms Debut with Billion-Dollar Valuations
The Vedanta Group has entered a major new phase in its corporate journey. We are now witnessing one of the biggest restructuring stories in India’s commodity sector. The group has successfully completed a large demerger, unlocking independent value for its key businesses. In the latest development, the Aluminium and Power arms have debuted in the…
ASX Midday: Materials Jump 4% While Energy Sector Slides on Woodside (ASX: WDS) Drop
The ASX midday session on June 15, 2026, delivered a sharp sector split. Materials stormed 4% higher, driven by gold price strength and copper momentum, while energy lagged badly. Woodside Energy Group (ASX: WDS) led the energy sector lower, reversing a 9% pop from June 12 when Bloomberg reported ExxonMobil was exploring a buyout of…