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Tata Motors, Chola Finance and Shriram Finance led NSE gainers as equities rose sharply. IFCI hit a 52-week high after Q4 FY26 results; smallcaps saw multiple upper circuits.
Indian benchmarks surged nearly 2% as US-Iran peace deal hopes and a sharp fall in crude oil prices lifted sentiment, with IT and banks leading gains.
Ather Energy imposed allocation controls after Hosur utilisation crossed 90% as FY26 volumes jumped 69%, while new capacity and store expansion plans accelerate into 2027.
India’s CPI inflation rose to 3.93% in May from 3.48% in April as food and fuel costs firmed amid the West Asia conflict, while staying below RBI’s 4% target.
India’s May CPI inflation rose to 3.93% from 3.48% in April, led by higher food and fuel prices, but stayed below the RBI’s 4% target.
Stock market today: Nifty surged nearly 2% and Sensex jumped over 2% as crude fell below $90 and banks led broad-based buying on risk-on cues.
A gap-up open in Nifty usually reflects overnight news, global market moves, GIFT Nifty pricing, and pre-open order imbalance rather than instant broad conviction.
Vintage Coffee and Beverages shares rose after SBI Funds Management bought about 3.8% via NSE bulk deals, while key shareholders sold part stakes and Q4 FY26 profit grew.
Unimech Aerospace returned to growth in Q4 FY26 as its consolidated order book rose to ₹314 crore, supported by margin recovery, acquisitions and a Saudi JV.
SEBI’s 2026 proposals target lower price divergence, uniform options strike rules, updated OTR exemptions, and a unified trading framework to cut duplication and ease compliance.
Prabhudas Lilladher Capital trimmed its 12-month Nifty 50 target to 26,449, cited valuation assumptions, and refreshed high-conviction large-cap and mid-smallcap stock picks.
Nestle India’s stock moves have reflected an ex-bonus price adjustment, weaker Q1 FY26 profit, FMCG cost pressures, FII selling, and a broader market correction since late 2024.
Sensex and Nifty rose over 1% as hopes of a US-Iran peace framework, softer crude, a stronger rupee, and RBI liquidity measures improved risk sentiment.
India has raised the effective onshore crude royalty after May’s cuts, a change brokerages say could trim ONGC and Oil India earnings while lifting government revenue.
Nestle India shares slid about 3% after FSSAI issued a notice over a social media complaint alleging insect or larvae detection in a Maggi packet and sought action details.
Indian benchmarks extended gains with Sensex closing at 76,070.84, led by metal, auto and banking shares, while IT lagged and crude oil stayed elevated.