Sensex as we speak | Inventory Market Highlights: Inventory markets decline for 2nd day as IT shares lead losses

Rupee falls 15 paise to shut at 94.65 towards US greenback

Coal India intensifies R&D initiatives, plans to take a position ₹1,900 crore by FY30

Crude oil futures slip to ₹6,686/barrel amid weak world cues

Crude oil futures fell almost 1% on Tuesday, monitoring weak spot in world benchmark costs amid expectations of ample provides.

On the Multi Commodity Alternate (MCX), crude oil contracts for July supply declined by ₹42, or 0.62%, to ₹6,686 per barrel in a enterprise turnover of 18,339 heaps.

The August contract additionally fell by ₹38, or 0.57%, to ₹6,685 per barrel in 2,391 heaps.

“MCX crude oil stays in a sideways-to-bearish pattern, monitoring subdued world crude costs, with WTI hovering close to $70 per barrel,” Kaveri Extra, Commodity Basic Analyst at Alternative Broking, mentioned.

Globally, Brent oil futures for September supply additionally slipped almost 1% to $73.40 per barrel on the ICE, and West Texas Intermediate crude for August supply traded almost 1% decrease at $70.21 per barrel on the NYMEX. (PTI) 

JFE Metal Corp acquires extra 25% stake in JSW JFE Kalinga for ₹7,875 crore

Shares in Focus: Energy Finance Company Ltd

Energy Finance Company Ltd knowledgeable the switch of Kakinada I Transmission Restricted (wholly owned subsidiary of PFC Consulting Restricted) (wholly owned subsidiary of Energy Finance Company Restricted) – established for the event of “Transmission system for proposed Inexperienced Hydrogen / Inexperienced Ammonia tasks in Kakinada space (Section-I) – to Energy Grid Company of India.

Inventory Market closing bell: BSE Sensex settled 249.70 pts or 0.33% decrease at 76,478.67 on Tuesday, and Nifty 50 was down 80.50 pts or 0.34% to 23,865.75

India’s Defence Sector Enters a New Section of Know-how-Led Progress; Drones, House and Defence Electronics Emerge as Key Funding Themes: PL Capital

PL Capital not too long ago hosted its Defence Convention, bringing collectively senior authorities and trade leaders, defence consultants, institutional traders, and administration groups from main listed and unlisted corporations throughout defence manufacturing, aerospace, drones, shipbuilding and area know-how. The convention featured discussions with corporations together with Paras Defence, JK Maini World Aerospace, Agnikul Cosmos, together with consultants from the Drone Federation of India, Society of Indian Defence Producers (SIDM) and India’s maritime ecosystem. Discussions centered on the following part of India’s defence transformation, rising know-how traits, procurement priorities and long-term funding alternatives throughout the sector.

Indian Cement Sector – Cement volumes to develop by 6-7% in FY2027: ICRA

Based on a report by ICRA Ltd, cement quantity development is predicted to reasonable to 6-7% in FY2027. In FY2026, cement volumes grew by 8.6% YoY backed by demand from the housing and infrastructure sectors. In 2M FY2027, volumes elevated by ~8.3% YoY to ~85 million MT.

Internet gross sales realisations (NSR) elevated by ~7% YoY in FY2026 and are prone to additional enhance by round 3-5% in FY2027. Enter prices remained largely steady in FY2026. Nevertheless, gas and freight prices, that are linked to world crude costs, have been trending upward and will additional enhance in FY2027 as a consequence of volatility relying on geopolitical developments in West Asia, doubtlessly exerting strain on the sector’s price construction.

Cement capability elevated by round 43 million MTPA in FY2026 and is predicted to additional add 30-34 million MTPA in FY2027. Capability utilisation is predicted to stay at 70-71%, broadly in step with ~70% ranges seen in FY2026.

Working margins are anticipated to reasonable by round 150-250 bps in FY2027, pushed by increased enter prices. Moreover, draw back danger stays, given volatility in crude-linked petcoke and freight prices amid ongoing geopolitical developments in West Asia.

ICRA estimates working earnings for its pattern set to develop by 9-12% in FY2027, supported by quantity enlargement and a reasonable uptick in cement costs. OPBIDTA/MT is prone to decline by 8-14% to Rs. 820-870/MT in FY2027 after rising ~16% to Rs. 950/MT in FY2026.

Institutional capital backs India’s subsequent part of premium actual property development; Delhi-NCR emerges as a key funding vacation spot: Equirus Capital

Institutional investments rise 37% in Q1 2026 as traders again high quality actual property platforms Premium housing, Grade A industrial property and infrastructure-led development proceed to strengthen Delhi-NCR Capital market exercise, REITs and personal fairness investments mirror sustained confidence in organised builders. 

Industrial output in India elevated to five.1% in Might, up from 4.9% within the previous month, supported by improved efficiency in electrical energy & fuel provide

The manufacturing sector (5.5% vs 6.1%) and water, sewerage, and waste administration (5.5% vs 6.6%) continued to exhibit wholesome development regardless of moderation. 

16 of the 23 manufacturing sub-sectors recorded output development in Might, with notable beneficial properties in textiles, paper merchandise, fabricated metals, electrical tools, equipment and cars.

By way of the use-based classification, enhancements within the development of major items (2.6% vs 0.8%) and capital items (12.9% vs 12%) have been counteracted by a pointy deceleration within the development of intermediate items (5.9% vs 10.4%). 

The uptick in shopper items manufacturing – each sturdy items (7.2% vs 5.6%) and non-durable items (3.6% vs 0.2%) – is a constructive sign. 

Nevertheless, the sturdiness of restoration within the consumption wants monitoring amid ongoing geopolitical volatility, inflationary pressures and gradual progress of the monsoon. 

A gradual progress of the monsoon can have implications for rural demand and meals inflation.

Asia Traders See Heightened AI, Personal Credit score and Sovereign Dangers

Fitch Scores-Singapore/Hong Kong-30 June 2026: Institutional investor engagement throughout Asia in June 2026 reveals a robust give attention to structural and more and more embedded dangers, Fitch Scores says. Synthetic intelligence (AI) disruption, non-public credit score enlargement and sovereign danger have dominated conversations amongst main funding groups and official-sector members in Hong Kong, Seoul, Singapore and Tokyo.

Greaves Cotton’s New Dubai Subsidiary to Speed up Worldwide Progress

Greaves Cotton Restricted, one in every of India’s main diversified engineering corporations, introduced the incorporation of its wholly owned subsidiary, Greaves Worldwide Buying and selling FZE (GITFZE), in Dubai, United Arab Emirates (UAE), marking a key step in increasing its worldwide enterprise as a part of Greaves.Subsequent technique.

Greaves Worldwide Buying and selling FZE will function a regional hub for worldwide buying and selling and distribution, strengthening Greaves Cotton’s presence throughout the Center East and Africa. The UAE’s strategic location will allow nearer engagement with clients and companions in high-growth markets.

Hindustan Copper: Sanjiv Kumar Singh will stop to be the Chairman and Managing Director on attaining the age of his superannuation as we speak.

Bajaj Electricals has appointed Tiny Sengupta, Chief Advertising and marketing Officer, as Senior Administration Personnel of the Firm w.e.f. June 30, 2026.

Mukka Proteins Restricted has knowledgeable the Alternate about additional delay in acquisition of Mukka Proteins Vietnam Co., Ltd.

Shares in Focus: Tata Tea Holdings Personal Restricted

Tata Tea Holdings Personal Restricted (‘TTHPL’), an entirely owned subsidiary of Tata Shopper Merchandise Restricted, has been struck off from the Register of Corporations, Mumbai.

Consequently, TTHPL has ceased to be the wholly-owned subsidiary of the corporate w.e.f June 29.

IDBI Financial institution has authorized early redemption of three Unsecured Redeemable Non-Convertible Senior Bonds amounting to Rs. 5 crore.

Sensex trades almost 340 pts decrease

Himatsingka Seide board authorized allotment of NCDs aggregating to Rs 50 crore.

Gujarat, IBM & IAIRO to arrange Industrial AI ‘Dwelling Lab’ to spice up manufacturing innovation

Gold futures rise to ₹1.42 lakh/10g after early losses

Silver rebounds to ₹2.26 lakh/kg after early drop as world costs get well

Greaves Cotton introduced the incorporation of its wholly owned subsidiary, Greaves Worldwide Buying and selling FZE (GITFZE), in Dubai

Shares surged over 5% to Rs 220.60 on the NSE

Transformers And Rectifiers (India) secured notification of awards from Energy Grid Company of India (extremely mega order valued over Rs 1000 cr)

Afcons Infra has obtained arbitration award amounting to Rs 148.67 Crore, pertaining to claims arising out of a Tunnel Undertaking

Aluminium futures testing a base

Vedanta Oil & Gasoline Restricted has been assigned an ICRA AA+ (Secure) credit standing for its long-term fund-based time period mortgage

Kirloskar Pneumatic Unveils ‘Tezcatlipoca’ A800 Mannequin

The Tezcatlipoca A800 Mannequin is a sophisticated two-stage centrifugal air compressor engineered to ship a variety of 600 to 980 CFM of Class 0 oil-free air (ISO 8573-1 Licensed), distinctive reliability, and decrease lifecycle prices for essential industrial purposes

GRE Renew Enertech Ltd has obtained a Letter of Award from Solarium Inexperienced Power Restricted

It’s for the execution of Engineering, Procurement and Development (EPC) works in relation to a utility-scale floor mounted Photo voltaic PV Undertaking

Shanti Gold Worldwide board authorized fund elevating by means of Rights Difficulty, aggregating to Rs 100 crore.

C.E. Data Programs has knowledgeable the appointment of Rohan Verma as Joint Managing Director of the corporate w.e.f. July 01, 2026.

Avantel Ltd has obtained a purchase order order from Zetwerk Manufacturing Companies Restricted for the provision of Satellite tv for pc Communication Tools’s

The overall worth of the order is Rs.83.80 Crore.

Gold costs ⁠have been set on Tuesday for his or her largest quarterly drop since April 2013

Uncertainty within the Center East gave solution to expectations of U.S. charge hikes ‌to tame elevated inflation. Bullion was ⁠additionally set for its first quarterly fall since 2024 and the most important for the reason that June quarter of 2013, because the Iran conflict despatched vitality costs sharply increased, fuelling inflation fears and bets for ‌rate of interest hikes. Faucet to learn extra

Radico Khaitan launches six tiger-themed whisky editions, ties up with Corbett Basis for conservation

Radico Khaitan Ltd. launched six limited-edition collector’s packs beneath its Royal Ranthambore Heritage Assortment Whisky, tying the rollout to a tiger conservation initiative with The Corbett Basis.

The 750 ml packs will first be out there in Delhi, Haryana and Uttar Pradesh earlier than increasing to different markets, the corporate mentioned. In Uttar Pradesh, the packs are priced at ₹1,680. Learn extra right here

Coal India to Make investments ₹1,900 Crore in R&D by FY30

Coal India Restricted (CIL) has intensified its Analysis & Improvement (R&D) initiatives and plans to take a position a complete of round Rs.1,900 Crores by FY 2030 on R&D actions. 

Shares traded at Rs 439.35 on the NSE, down 1%.

UTI Mutual Fund buys almost 15 lakh shares of MCX for ₹425 crore

JFE Metal Company has acquired an additional 25% stake (on a completely diluted foundation) in JSW JFE Kalinga for a consideration of ₹7,875 crore

Unimech Aerospace shares surge 8%, indicators provide take care of Austria-based firm

Shares of Unimech Aerospace and Manufacturing Ltd jumped almost 8 per cent on Tuesday. The corporate introduced it had signed a long-term provide settlement with Austria-based FACC Operations GmbH, a number one aerospace Tier-1 provider. Learn extra right here

IHCL targets ₹7500 cr capex over 5 yrs, will develop throughout varied segments : Chairman N Chandrasekaran

Indian Accommodations Firm Restricted is concentrating on ₹6,000-7500 crore in capital expenditure over the following 5 years because it expands throughout India and choose worldwide markets, chairman N Chandrasekaran mentioned on the firm’s annual normal assembly on Tuesday.

Investments can be made in digital purposes, cybersecurity as properly human sources to take care of high quality requirements and allow the corporate to profit from AI instruments, he mentioned. There is no such thing as a plan to boost contemporary fairness or debt and the corporate will use inside accruals for development.

IRFC board authorized the appointment of Deepa Kotnis because the CFO w.e.f as we speak.

It additionally introduced the appointment of Ranjay Choudhary as Director (Finance) of the corporate w.e.f. Jun 30, 2026.

Patel Built-in Logistics to carry strategic talks with Japanese agency

Patel Built-in Logistics is scheduled to carry a Strategic Enterprise Assembly with a number one Japanese firm on July 07, 2026, to discover the potential of a strategic enterprise partnership and different alternatives for mutual enterprise cooperation within the logistics sector.

Zaggle, inks pact with APAC Monetary Providers

Zaggle Pay as you go Ocean Providers Restricted (Zaggle) has entered into an settlement with APAC Monetary Providers Personal Restricted

Zaggle shares surged 4% to Rs 206.60 on the NSE.

Tata AIA launches two most cancers insurance coverage with earnings alternative choice

Aurobindo Pharma completes acquisition of US-based Lannett Firm

Lumax beneficial properties full management of Spain-based FAE; acquires remaining 15.97% stake

Godrej Properties buys 47-acre Chennai land parcel

Tata Communications has issued and allotted Business Paper aggregating to an quantity of ₹350 crore

Unimech Aerospace and Manufacturing Restricted Indicators Lengthy-Time period Provide Settlement with FACC

Shares jumped 8% to Rs 1173.30 on the NSE.

KPIL baggage orders value ₹2,957 crore throughout T&D, buildings and water segments

Kalpataru Initiatives Worldwide Restricted (KPIL) has secured new orders and notifications of awards value roughly ₹2,957 crore, the corporate knowledgeable inventory exchanges on Tuesday. The orders, gained together with its worldwide subsidiaries, span the corporate’s energy transmission and distribution (T&D), buildings and factories (B&F), and water companies. Learn extra right here

Hindustan Copper pins Navratna ambitions on 50,000 TPA Jhagadia Undertaking

10-year bond set for finest month in 7 years on oil slide, international demand

Indian authorities bonds rose on Tuesday, with the benchmark 10-year yield on observe for its largest month-to-month decline ‌in almost seven years, supported by decrease oil costs and a pickup in international shopping for.

The ⁠yield on the benchmark 6.94% 2036 bond was at 6.7223% by 11:45 am, its lowest since March 18. It has declined 28 ‌foundation factors in June, its steepest month-to-month fall since July 2019.

Overseas traders have purchased almost $3 billion of Totally Accessible Route (FAR) bonds to this point in June, the very best month-to-month influx on ‌file, clearing-house information confirmed.

SBICAP Securities Appoints Baldev Prakash as MD & CEO

SBICAP Securities Restricted (SSL), a number one full-service brokerage and a bunch firm of the State Financial institution of India (SBI), has appointed Shri Baldev Prakash as its Managing Director & Chief Govt Officer (MD & CEO), efficient June 29, 2026.

Shri Baldev Prakash joins SSL on deputation from SBI, the place he not too long ago served because the Deputy Managing Director and Group Chief Danger Officer. With over 35 years of banking expertise – together with a transformative tenure because the MD & CEO of J&Okay Financial institution – he brings intensive experience throughout retail, company, and digital banking to drive SSL’s subsequent part of development

Home manufacturing shielding IT provide chain from geopolitical stress: Redington India CEO

AI-driven surge in reminiscence costs, which has pushed up machine prices throughout classes by 30-50 per cent, is leading to softer demand in some segments however worth development is constant, Rajat Vohra, CEO of key Apple merchandise distributor Redington India, mentioned in an interplay with businessline. Redington can be evolving from a conventional {hardware} distributor into an “ecosystem orchestrator”, with cloud and providers now contributing over 20 per cent of its India enterprise, Vohra mentioned. Learn extra right here

Ceigall India Advances India’s Clear Power Imaginative and prescient with 220 MW Photo voltaic-BESS PPA at Morena, Madhya Pradesh

Apar Industries Approves Fundraising Plan of As much as ₹2,500 Crore

Apar Industries board authorized a proposal for elevating of funds, by means of concern of fairness shares / warrants / any convertible securities / another securities, via a professional establishments placement, rights concern, preferential allotment, or a mix thereof for an mixture quantity upto Rs 2,500 Crore

Knowledgeable View | Deveya Gaglani, Senior Analysis Analyst – Commodities, Axis Direct

Gold fell 1.7% to round $4,020 per ounce on Monday as uncertainty surrounding the upcoming US-Iran peace talks heightened inflation considerations and strengthened expectations that the US Federal Reserve may keep a tighter financial coverage. The valuable steel is on observe for its fourth consecutive month-to-month decline, having misplaced greater than 10% to this point this month. Comex Silver declined by greater than 1% within the earlier session, settling beneath the $58 stage. A stronger U.S. greenback index and a fragile commerce deal continued to weigh on the white steel, conserving costs beneath strain

WTI Crude Oil costs climbed above $70 per barrel, rebounding modestly from a four-month low as a decline in transport site visitors via the Strait of Hormuz offset broader market optimism. Market focus stays on geopolitical developments, with President Donald Trump asserting that the U.S. and Iran are scheduled to carry contemporary peace talks in Doha, Qatar, on Tuesday.

Naveen Gupta, Founder & CEO, Trev Mobility on Delhi’s New EV Coverage and the Way forward for Shared Electrical Mobility

Delhi’s new EV coverage marks an vital step in direction of accelerating the transition from standard fuel-based mobility to cleaner, extra sustainable transportation. The give attention to incentives for electrical autos, fleet electrification, and lowering dependency on conventional fuels displays the rising want for a structural shift in how cities transfer.

For shared mobility, this transition is much more important. Fleet operators are among the many largest contributors to city mobility demand, and electrification of those fleets can create a significant affect on lowering emissions and bettering air high quality.

Nevertheless, EV adoption in shared mobility will not be solely about bringing electrical autos on roads. The success of this transition will depend on constructing the suitable ecosystem round it, together with charging infrastructure, automobile utilisation fashions, driver adoption, financing help, and shopper confidence.

The following part of EV mobility would require operators to suppose past simply changing an inside combustion engine automobile with an electrical one. Will probably be about creating dependable, handy, and experience-led mobility options that make electrical transport a pure selection for shoppers.

Tata Communications expands subsea cable capability with strategic funding

Tata Communications introduced strategic investments in subsea cable infrastructure by way of acquisition of great fiber capability, to strengthen its connectivity options between the rising AI hubs of Mumbai and Chennai in India and Singapore, Asia’s main cloud and AI ecosystem

Shares flat at Rs 1978.10 on the NSE.

BCL Industries completes full acquisition of Svaksha Distillery

BCL Industries introduced the completion of its acquisition of the remaining 25% fairness stake in Svaksha Distillery Restricted, making it an entirely owned subsidiary of the Firm. 

Shares flat at Rs 34.09 on the NSE.

Canara Financial institution Relieves Chief Normal Supervisor Rakesh Kashyap

Canara Financial institution knowledgeable Rakesh Kashyap, Chief Normal Supervisor & Group Chief Compliance Officer, has been relieved from the providers of the Financial institution on June 29, 2026.

KEC Worldwide baggage ₹1,754 cr order; shares up 2%

KEC Worldwide shares up 2% to Rs 525.70. The corporate gained orders of Rs 1,754 cr for the provision of towers within the Americas

SIS Ltd authorized buyback proposal of as much as ₹120 cr at a most of ₹479 cr 

Shares traded at Rs 425.15 on the NSE, down 2.45%.

MAS Monetary Providers has allotted NCDs aggregating to ₹150 crore.

Optiemus Infracom to Infuse ₹10.79 crore in JV, extends ₹100 crore mortgage to subsidiary

Optiemus Infracom board to amass fairness shares of Bharat Modern Glass Applied sciences Personal Restricted, a Joint Enterprise and Subsidiary of the Firm, aggregating to Rs. 10.79 crore by subscribing to the rights concern of Bigtech. 

Firm additionally enter right into a mortgage settlement with GDN Enterprises Personal Restricted (“GDN”), a Wholly Owned Subsidiary of the Firm, for granting an unsecured mortgage upto an quantity of Rs. 100 Crores, in a number of tranches, for a interval of three years, to help its enterprise operations and meet its working capital requirement. 

Optiemus Infracom traded at Rs 467.10 on the NSE.

Balkrishna Industries completes carbon black capability enlargement

Balkrishna Industries traded flat at Rs 2,181.50 on the NSE, firm accomplished carbon black enlargement, boosting capability to three.6 lakh MTPA; capability addition of 95,000 MTPA. Additionally enhanced energy capability to 64 MW, with capability addition of 24 MW

Biocon slips regardless of BBL turning wholly-owned subsidiary

Biocon Ltd shares have been buying and selling at ₹412.40, down ₹2.85 or 0.69 per cent, as of 10.18 am on Tuesday, towards a earlier shut of ₹415.25. The inventory opened at ₹416.15 and has moved in a band of ₹411.20 to ₹416.70 to this point within the session, with the traded quantity at 10.31 lakh shares value ₹42.55 crore.

The value motion follows a regulatory submitting made by the corporate on Monday, June 29, intimating exchanges that it had accomplished the acquisition of 1,15,36,956 fairness shares of Biocon Biologics Ltd (BBL) from 127 promoting shareholders, making BBL a wholly-owned subsidiary with impact from that date.

Jagsonpal Pharma’ inventory rallied 14%

Jagsonpal Prescription drugs’ inventory rallied 14% to Rs 261.81 on the NSE on getting into a definitive settlement for the acquisition of 85% fairness stake in Aequitas Healthcare (Aequitas) for Rs 20.8 crore.

Rajeev Mantri to resign from Bandhan Financial institution

Bandhan Financial institution introduced the resignation of its Co-Chief Monetary Officer (CFO), Rajeev Mantri, from September 2026.

Shares flat at Rs 203.18 on the NSE.

HDFC Financial institution on Monday appointed former Finance Secretary Rajiv Kumar as Chairman

The financial institution shares flat at Rs 795 on the NSE.

Reliance Energy Expands into AI, Renames 4 Subsidiaries

Reliance Energy, via its subsidiaries, has taken steps to develop into synthetic intelligence (AI) and allied applied sciences by incorporating AI and technology-enabled providers into its enterprise framework. As a part of the transfer, it has renamed 4 subsidiaries to: Reliance AI Inexperienced Energy Personal Restricted, Reliance AI Energy Personal Restricted, Reliance AI Information Management Personal Restricted and Reliance AI Information C Personal Restricted.

RPower shares up 2.5% to Rs 24.75 on the NSE.

Aurobindo Pharma Completes Acquisition of US-Primarily based Lannett

Aurobindo Pharma USA Inc., (APUSA), an entirely owned subsidiary of Aurobindo Pharma, introduced the completion of its acquisition of Lannett Firm, Inc., USA (“Lannett”), from Lannett Vendor Holdco, Inc., following receipt of approval from the U.S. Federal Commerce Fee on June 18, 2026. Efficient June 29, 2026, Lannett has develop into an entirely owned subsidiary of APUSA and can function as Lannett Firm LLC. 

Aurobindo Pharma shares up 2% to Rs 1576 on the NSE.

CareEdge assigns ESG rating of 80 to Adani Energy

CareEdge ESG Scores Restricted (CareEdge-ESG ) has assigned Adani Energy Restricted an ESG rating of 80 (CareEdge – ESG 1+).

Adani Energy traded flat at Rs 225.13 on the NSE.

Knowledgeable Take | Bitcoin | CoinSwitch Markets Desk

BTC has reclaimed the $60K mark, with bettering macro backdrop after the US agreed to fulfill with Iran, with talks set for as we speak. Whereas some headwinds stay, together with ongoing outflows from US spot Bitcoin ETFs and expectations that the Federal Reserve will hold rates of interest elevated for longer, patrons are exhibiting resilience. After a quick dip beneath $59.2K, they stepped in to push the worth again above $60K. Within the close to time period, $60.5K–$60.8K is the extent to observe on the upside, whereas $60K is holding agency as strong help. A decisive break above resistance may open the door to additional upside.

Sterling and Wilson Renewable Power shares up 1%

Sterling and Wilson Renewable Power shares traded at Rs 246.90 on the NSE, up 1%. Firm secured landmark challenge in Egypt, obtained LoA for a 1,000 MW capability Photo voltaic PV challenge and 600 MWh Battery Power Storage for Rs 4,600 cr

Knowledgeable Take | Market evaluation | Vikram Subburaj, CEO, Giottus.com

Bitcoin traded just under the important thing $60,000 mark on Tuesday and was altering palms round $59,800. Bitcoin tried to get well after final week’s sharp correction. Nevertheless, it remained caught in a variety. Traders continued to observe the U.S. financial coverage outlook. They have been additionally monitoring institutional demand. Whereas promoting strain has moderated, the market is but to discover a sturdy catalyst for a sustained breakout.

From a technical perspective, Bitcoin continues to commerce inside a essential vary. Speedy help is seen round $58,900–59,000, with the following main help close to $58,000 if this stage fails to carry. On the upside, $60,600–61,000 stays the primary resistance zone. A decisive transfer above this zone may open the trail towards $62,000–62,500. If Bitcoin fails to reclaim $61,000, the market might proceed to consolidate. It may stay beneath the psychological $60,000 stage.

Institutional flows stay blended. U.S. spot Bitcoin ETFs recorded a modest internet influx of round $69 million on June 29, breaking a collection of heavy outflows seen within the previous periods. Whereas this may occasionally point out that promoting strain is easing, institutional demand stays significantly weaker than earlier this 12 months. 

The broader macro setting continues to dictate market route. Traders are carefully monitoring upcoming U.S. financial information and Federal Reserve commentary forward of the July 28–29 FOMC assembly. 

The broader crypto market remained cautious. Ethereum traded close to $1,590, BNB round $555, Solana close to $74, and XRP round $1.05. Solana outperformed most large-cap friends over the previous 24 hours, whereas the remainder of the market largely mirrored Bitcoin’s sideways motion.

Our recommendation: The market stays pushed by macroeconomic developments relatively than crypto-specific catalysts. Traders ought to carefully monitor Federal Reserve alerts, U.S. financial information, and ETF flows over the approaching weeks. Bitcoin must reclaim the $61,000–62,500 zone to strengthen the restoration. Institutional shopping for additionally wants to enhance. Till then, a disciplined and staggered funding method is the higher technique. Chasing short-term value actions might carry increased danger.

Godrej Properties acquires 47-acre land parcel in South Chennai

Godrej Properties introduced the acquisition of a ~ 47 acre land parcel via an outright buy which is positioned off Previous Mahabalipuram highway (OMR), one of many fast-growing micro markets in South Chennai

Shares flat at Rs 1,833.30 on the NSE.

Learn extra right here:

Lumax Auto sells 50% stake in JV to Jopp Holding GmbH

Lumax Auto Applied sciences has accomplished the sale of its complete fairness stake aggregating to 50% of the fairness share capital of Lumax Jopp Allied Applied sciences Personal Restricted, to Jopp Holding GmbH, Germany, the Joint Enterprise Associate.

Shares inched as much as Rs 1513.70 on the NSE.

Waaree Energies’ US arm baggage 236.22 MW photo voltaic module order

Waaree Photo voltaic Americas Inc, an entirely owned subsidiary of Waaree Energies, has obtained an order for provide of 236.22 MW photo voltaic modules from a famend buyer who develops and manages sustainable infrastructure options, notably in renewable vitality.

Shares traded flat at Rs 2,889.60 on the NSE.

Adani Ports to Induct Mundi as Strategic Associate in Vizhinjam Port

Adani Ports and Particular Financial Zone has entered into Share Buy and Subscription Settlement with Mundi Restricted ( Mundi ), pursuant to which Mundi will make investments for 49% curiosity in Adani Vizhinjam Port Personal Restricted.

Shares flat at Rs 1,783.40 on the NSE.

Kalpataru Initiatives Worldwide baggage ₹2,957-cr contract; shares up 3%

Kalpataru Initiatives Worldwide awarded new contracts value ₹2,957 crore.

Shares surged over 3% to Rs 1387.30 on the NSE.

Suzlon’s S175 (5.0 MW) marks sturdy industrial debut with 105-MW order from Sunsure Power

Shares flat at Rs 57.65 on the NSE.

Park Hospital to develop Palam Vihar Facility with 100 extra beds

Umkal Well being Care Personal Restricted, an entirely owned subsidiary of Park Medi World, authorized the enlargement of its present 225-bed Park Hospital in Palam Vihar, Gurugram, with the addition of 100 new beds. The newly expanded facility can be branded as Park Hospital Platinum and is predicted to begin its operation in November, 2026.

Inventory in focus: HDFC Life Companions with Tata Fintech to Increase Insurance coverage Entry on Tata Neu

HDFC Life, one in every of India’s main non-public insurers has joined palms with Tata Fintech, a subsidiary of Tata Digital, via a Company Company partnership to supply HDFC Life’s services and products on Tata Neu, India’s large-scale loyalty and monetary providers app. 

The Firm’s safety and funding options can be out there on Tata Neu’s platform. This partnership will allow tens of millions of present and new clients of the app plan for his or her monetary targets in a seamless method.

Prime Gainers and Laggards of Nifty 50

Prime gainers of Nifty 50: Nestle India (+1.43%), Maruti (+1.14%), Axis Financial institution (+0.92%), Solar Pharma (+0.81%), Adani Ports (+0.67%)

Prime losers: Eicher Motors (-4.74%), Tata Shopper (-3.37%), Infosys (-1.54%), Hindalco (-0.99%), Dr Reddy’s (-0.91%)

Knowledgeable take | Avinash Shekhar, Co-Founder & CEO, Pi42

“Bitcoin is attempting to stabilised across the $60,000 mark as bettering geopolitical sentiment, following the announcement of contemporary U.S.-Iran talks, helped elevate broader crypto markets. The rebound means that traders are responding positively to easing macro uncertainty, at the same time as total market participation stays measured.

One other notable improvement is the rising momentum round digital asset funding merchandise. Continued curiosity in spot ETF inflows throughout main cryptocurrencies highlights that institutional engagement with the asset class stays intact, reinforcing the view that traders proceed to look past short-term volatility and give attention to long-term adoption.

For traders, the main focus ought to stay on the standard of participation relatively than each day value actions. As macro situations stabilise and institutional curiosity continues, sustained shopping for demand would be the key consider figuring out whether or not the present restoration can evolve right into a broader upward pattern.”

US Crude Oil shares fall to lowest ranges since 1983

DOE information present the U.S. Strategic Petroleum Reserve (SPR) crude shares fell about 5.5 mln barrels final week to 325.7 mln barrels, the bottom stage since 1983.

Japanese Yen plummets beneath 162.00, contemporary four-decade low towards USD

Knowledgeable View | Pre-Market | Gaurav Udani – Founder, Thincredblu

“Nifty is predicted to open barely increased round 23,965, up almost 20 factors, indicating a quiet begin to the session.

With month-to-month expiry as we speak, merchants ought to be ready for heightened volatility and sharp intraday swings, particularly round key help and resistance ranges. Expiry-driven place changes and choice unwinding may amplify market strikes.

Technically, 23,900–24,000 stays an vital help zone, whereas 24,200–24,300 continues to behave because the quick resistance vary. A breakout on both facet is prone to dictate the following directional transfer.

Given the expiry setup, merchants ought to keep away from aggressive positions on the open and give attention to disciplined, level-based execution.

Total, anticipate a unstable session, with value motion round key ranges probably to offer one of the best buying and selling alternatives.”

Adani Ports Enters Settlement With Mundi Restricted

⁠TIL, Mum or dad of Mundi, to take a position $1.397 Billion in AVPPL

SIS declares share buyback value as much as ₹120 cr

Safety and facility administration providers supplier SIS Restricted on Monday introduced a share buyback of as much as Rs 120 crore, which would be the firm’s fifth buyback programme since its inventory market debut in 2017.

The board of the corporate has “authorized, in precept”, a proposal to undertake a share buyback of as much as Rs 120 crore, SIS mentioned in a late night regulatory submitting.

This can be “at a most value of Rs 478.50 per fairness share, representing a ten per cent premium to the closing value on June 25, 2026,” it added.

India Daybook – Shares in Information

Sterling Wilson: Firm’s JV with Hassan Allam secures LoA Price $560 m For West Minya Photo voltaic Undertaking in Egypt (Constructive)

Gabion Applied sciences: Firm has secured orders value Rs 6.42 Crore (Constructive)

RITES: Firm indicators MoU with CONCOR for logistics infrastructure consultancy (Constructive)

Zydus Life: Firm executes Enterprise Switch Settlement (BTA) for acquisition of API enterprise of Sterling Biotech (Constructive)

Diffusion Engineers: Firm has secured a home order value roughly Rs. 26.31 crore. (Constructive)

ZF Steering Gear (India): Firm has signed a preliminary Framework Co-operation Settlement with Hubei Tri-Ring Motor Steering Gear Co. Ltd., China. (Constructive)

SJVN: Firm indicators PPAS with GUVNL for provide of inexperienced energy, agreements cowl 66 mw Dhaulasidh, 210 mw Luhri stage-I & 382 mw Sunni dam hydro tasks in Himachal Pradesh. (Constructive)

Balkrishna Industries Ltd: Firm introduced the profitable completion of its Carbon Black enlargement challenge, growing complete capability to three,60,000 MTPA from 2,65,000 MTPA. (Constructive)

Godavari Biorefineries: Firm has expanded Manufacturing Capability by 200 KLPD. (Constructive)

Insolation Power: Firm secures ₹347.07 cr company assure for 400 MW PM KUSUM photo voltaic tasks in Rajasthan. (Constructive)

Tempo Digitek: Lineage Energy, a subsidiary, has signed a 3 GWh LFP battery cell provide settlement with China’s Rongjie Power Tech (RJE Tech). (Constructive)

Oil Advertising and marketing PSUs: Indian authorities will elevate petrol and diesel gross sales restrictions on July 1. (Constructive)

RailTel: Firm secures ₹27 cr order from Goa Labour Welfare Board (Constructive)

Godrej Prop: Firm acquires 47-acre Land Parcel in Chennai, Estimated Income Potential of Round ₹500 Cr. (Constructive)

KEC Worldwide: Firm has secured new orders value Rs. 1,754 crore. (Constructive)

Ramco Programs: Oregon Public Workers Retirement System purchased 1.90 lk shares (Constructive)

Pondy Oxides: ICICI Prudential Mutual Fund purchased 4.72 lk shares (Constructive)

Goodluck India: SageOne acquires 2.5lk shares (Constructive)

Lumax auto sells stake in Lumax Jopp Allied Tech to Jopp Holding GmbH

Lumax auto applied sciences accomplished the sale of its complete 50% fairness stake in Lumax Jopp Allied Applied sciences Personal Restricted to Jopp Holding GmbH on June 29, 2026. The transaction marks the exit of Lumax Auto Applied sciences Restricted from the three way partnership entity, which has now ceased to be a three way partnership of the corporate with impact from the identical date.

Knowledgeable Take | Pre-Market | Vikram Kasat, Head Advisory, PL Capital

After months of ready, Supreme Courtroom lastly issued a ruling on Monday that rejected Trump’s bid to fireplace a sitting member of the Federal Reserve.

The choice, which was extensively anticipated, didn’t transfer markets a lot. As a substitute, Dow Jones lastly closed above the 52000 due to Alphabet formally becoming a member of its ranks—a transfer that helped increase the index amid a wider tech rally.

Nifty 23946.25 

Sturdy Help: 23800 

Positional Purchase: HindZinc and HindCopper !! 

ACTION FOR DAY

-Nifty Month-to-month Expiry

-US-Iran Peace Talks In Qatar

-Out of T2T Phase-Vedanta Aluminum,Vedanta Iron Metal, Vedanta Oil Gasoline Vedanta Energy

-Fund Elevating- Apar Industries, Shanti Gold

-AGM- Hindustan Unilever,ICICI Prudential Life Insurance coverage, Indian Accommodations, City Firm, Voltas, SRF

-US Job Openings Information

Honeywell Aerospace shares slip in Nasdaq debut

Honeywell Aerospace shares closed down 0.4% on ⁠Monday after the corporate made its Nasdaq debut following its spinoff from Honeywell as a part of a broader breakup of one of many final main industrial conglomerates.

Shares ‌opened the day increased, at one level gaining about 7%, earlier than falling again on quantity of about 8.5 million shares ‌to finish down 82 cents at $220.19 a share. The corporate’s debut ‌comes ⁠at a time of sturdy investor urge for food for aerospace and ⁠protection property, pushed by pent-up demand and rising army spending. Learn extra right here

Jefferies Ranking Replace

Maruti Suzuki India Easing Macro Considerations; Improve to Purchase (HOLD); with revised PT of ₹16,500 (₹13,800)

ALL-TIME HIGH BREAKOUT ALERT | 17 Shares Closed at Recent Lifetime Highs on Monday!

💥Cupid 

💥Laurus Labs 

💥Wheels India 

💥Ather Power 

💥Bharat Forge 

💥JB Chemical compounds 

💥Welspun Corp 

💥Radico Khaitan 

💥Aegis Logistics 

💥Zydus Wellness 

💥Bliss GVS Pharma 

💥Acutaas Chemical compounds 

💥Anand Rathi Wealth 

💥Acme Photo voltaic Holdings 

💥Thangamayil Jewelry 

💥Kwality Prescription drugs 

💥Fredum Prescription drugs 

Day Buying and selling Information for June 30, 2026: Intraday helps, resistances for Nifty50 shares