Jun 10, 2025, 2:24 pm IST
Sacheerome IPO Subscribed Nearly 20 Times On Day 2
Sacheerome Ltd's IPO continues to attract massive investor interest, with the issue subscribed 19.47 times so far on Day 2 of bidding. Investors are deeply invested in the fragrance and flavour maker's market potential as strong demand was seen across the retail and non-institutional investor categories as well.
Jun 10, 2025, 2:24 pm IST
NALCO, Hindustan Zinc, Hindustan Copper Boost Nifty Metal; SAIL, Tata Steel, Jindal Steel Stocks Top Losers
As of on June 10, 2025 at 1.45 PM, the top gainers in the Nifty index include National Aluminium Co. Ltd. (NATIONALUM), which surged 2.65% to reach Rs 192.20. Hindustan Zinc Ltd. (HINDZINC) followed closely, gaining 2.17% and trading at Rs 536.40. Adani Enterprises Ltd. (ADANIENT) rose by 2.08% to Rs 2,635.80, while Hindalco Industries Ltd. (HINDALCO) increased 1.69%, trading at Rs 661.80. Hindustan Copper Ltd. (HINDCOPPER) also saw positive movement, with its stock price rising 1.60% to Rs 263.00.
Jun 10, 2025, 2:23 pm IST
The Man Company Partners With Unicommerce
mami-owned leading men’s grooming brand The Man Company, has partnered with Unicommerce to streamline its e-commerce operations and power quick commerce fulfilment for its premium range of grooming products for men’s care. Unicommerce’s flagship platform Uniware, will enable multi-channel order management and warehouse management for the brand, automating the processing of orders received across online channels including its brand website, marketplaces and quick commerce platforms. Enhanced warehouse operations will allow the company to reduce the order-to-shipment time, thereby powering faster and error-free deliveries. With the rise in demand for self-care products for men and the influence of celebrities and influencers on prioritising personal wellness, male grooming products are quickly gaining popularity among Indian consumers. Projected to grow at a CAGR of 11.06%, India's male grooming products market is estimated to reach a value of USD 1,844.65 mn by 2029.
Jun 10, 2025, 1:50 pm IST
Radico Khaitan Ranked Among Global Top 5 Spirits Companies
Radico Khaitan has secured a spot in the Drinks International Millionaires’ Club 2025 with eight of its brands selling over one million cases in 2024. It now ranks third globally and is the only Indian company in the global Top 5 for the number of millionaire brands.
Jun 10, 2025, 1:37 pm IST
Stock Market LIVE Updates: Nifty IT Rises, Nifty Realty Drags
Nifty IT is trading up over 1.5%, led by gains in Oracle Financial Services, Persistent Systems, Tech Mahindra, and LTIMindtree, each rising more than 2%. While, Nifty Realty is pushing down market, with Sobha Limited, Lodha, and Prestige Estates falling over 2%.
Jun 10, 2025, 1:02 pm IST
Stock Market Live Updates: SEBI Approval on Upcoming IPOs
Kent RO Systems Ltd., Vidya Wires Ltd., Karamtara Engineering Ltd., Mangal Electrical Industries Ltd. have received the go-ahead from the Securities and Exchange Board of India for their initial public offerings.
Jun 10, 2025, 12:56 pm IST
HCLTech launches managed SSE solution
HCLTech has launched a new managed Secure Service Edge (SSE) solution in collaboration with Cisco to enhance enterprise security and speed up cyber incident response. This cloud-based solution combines Cisco's Secure Access technology with HCLTech's managed services to offer scalable, AI-assisted protection for remote and hybrid work environments. It secures data, supports AI use, and unifies multiple security functions into one streamlined service.
Jun 10, 2025, 12:46 pm IST
Stock Market LIVE Update: Top Gainers & Losers
Grasim Industries, Tech Mahindra, Tata Motors, HCL Tech, Dr Reddy & Infosys are the top Nifty gainers with a rise of around 2%. While Bajaj Finance, Maruti, Trent, SBI Life and Sun Pharma are top Nifty losers, falling close to 1% at 12.45 pm.
Jun 10, 2025, 12:33 pm IST
AMFI Data: SIP inflows rose to Rs 26,688 crore in May 2025
Total Assets Under Management (AUM) is reported at Rs 72.2 Lk Cr Vs Rs 70 Lk Cr (MoM). Net Equity Inflow is at Rs 18,994.56 Cr Vs Rs 24,253 Cr Inflow (MoM)
SIP inflows rose to Rs 26,688 crore for the second consecutive month after April 2025.
Actively managed equity mutual funds recorded a Rs 19,013-crore inflow during May, lower by 22%, compared to the inflow of Rs 24,269.26 crore recorded in April.
Jun 10, 2025, 11:59 am IST
Stock Market Live Updates: Premier Energies Jumps 1.66% to Rs 1,079.80
Premier Energies shares gained 1.66% on the NSE, closing at Rs 1,079.80. As per market buzz, South Asia Growth Fund II Holdings is expected to offload up to 2.5 crore shares, around 5.5% of the company's equity via block deals.
Jun 10, 2025, 10:30 am IST
Stock Market Live Update: Anil Ambani Group Stocks in Focus
Anil Ambani-led Reliance Power and Reliance Infrastructure stocks were in the spotlight during early trade today. Reliance Power surged by 4%, while Reliance Infrastructure rose 3%, attracting strong investor attention as both stocks gained momentum on the back of renewed market interest in Anil Ambani Group companies.
Jun 10, 2025, 9:53 am IST
Indian Stock Market Outlook Today By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
Nifty is likely to consolidate in the 24500 - 25500 range in the near-term. There are no short-term triggers to take the Nifty beyond the upper band. Some profit booking pulling the market slightly down is likely. But ample liquidity will ensure that dips will get bought, helping the market to consolidate.
From the global perspective, market participants will be keenly following the progress of trade talks between the U.S. and China. Even though there is optimism regarding a favourable outcome, it is unlikely to happen quickly.
Since the market has run up in the last two trading days and valuations have got stretched, some profit booking can be considered to hedge against unexpected developments.
Jun 10, 2025, 9:29 am IST
Daily market movement highlights of Crypto by CoinDCX research
The investor’s sentiments are slowly turning into ‘greed’ as the Bitcoin price marched past 9,000 after a brief consolidation. With over a 40% rise in the trading volume, the levels surged above 0 billion, with the market cap approaching .5 trillion. Ethereum surged by 8%, while XRP, BNB, and Solana attracted marginal gains. Besides, the altcoins like Fartcoin, Kaia, Aave, dogwifhat, Uniswap, and a few more surge with a double-digit margin. On the other hand, a few altcoins remain under bearish influence, like DeXe, UNUS SED LEO & XDC Network, but seem to be on the path of recovery.
In just a few hours, nearly 0M worth of Bitcoin shorts were liquidated, which has fueled the price rise. Meanwhile, BlackRock’s IBIT becomes the fastest ETF to top billion in just 341 trading days. The SEC chair, Paul Atkins, hinted at working on a policy to exempt DeFi platforms from regulatory barriers. Besides, Nasdaq files SEC Form 8-K confirming the proposal to expand the crypto benchmark from 5 to 9 cryptos, adding XRP, SOL, ADA, & XLM, and the U.S spot ETH ETF records inflows for 15 days in a row, totaling 7 million.
Jun 10, 2025, 9:20 am IST
Morning Market Movement Highlights By Akshay Chinchalkar, Head of Research, Axis Securities
Yesterday was an upside follow-through on Friday's advance for the nifty. Technically speaking, whether it's a pennant or a rectangle that the market is breaking out of, the implications are bullish with an objective of 25800. 25200 is important on the upside and as long as bears are unable to force the index below 24800, bulls clearly have the upper hand. Talks between China and the US are expected to conclude today so what happens there will be the next catalyst for the trend.
Jun 10, 2025, 9:10 am IST
Nifty Outlook Today By Anand James, Chief Market Strategist, Geojit Investments Limited
Though Nifty could not add much to the opening gains, there were not many signals to suggest that the lack of momentum could trigger a pull back. Towards this end, we will eye the nearest peak of 25235 as long as 25068 holds. Alternatively, direct fall below 24900/863 could signal weakness, though we prefer to see past 24640 before switching sides. Until then, the short-term objectives of 25460-26200 will remain in play.
Jun 10, 2025, 8:55 am IST
Bank Nifty Prediction Today By Om Mehra, Technical Research Analyst, SAMCO Securities
The breakout from the ascending triangle pattern on the daily chart remains valid unless the breakout base near 56,100 is breached.
The RSI stands at 69, with a positive slope and a recently confirmed bullish divergence that strengthens the upside bias. Meanwhile, the MACD has just triggered a fresh bullish crossover above the zero line, a development that often precedes sustained directional moves.
The immediate zone to watch on the upside remains 57,200. A decisive close above this may unlock potential towards 57,500-57,750, aligning with Fibonacci projections. On the downside, the breakout zone of 56,100–56,200 now acts as the first support band. A deeper dip could find cushion near the 55,800 zone.
Jun 10, 2025, 8:55 am IST
Nifty Prediction Today By Om Mehra, Technical Research Analyst, SAMCO Securities
The index is now trading well above all key moving averages, confirming that the bulls remain in control over the broader term. The daily RSI stands at 61, reflecting a neutral stance, while the MACD fast line is gradually improving from lower levels. A decisive close above 25,160 could push the index towards the 25,260–25,320 zone. On the downside, immediate support lies at 24,880, followed by the 50-day simple moving average (SMA) at 24,806, which may act as a broader cushion. A dip towards these levels may present buying opportunities unless it is breached decisively.
Jun 10, 2025, 8:18 am IST
Nifty Bank Derivatives Insight By Dhuhpesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The options data reflects a strengthening bullish sentiment, with notable put writing observed at near-the-money strikes. At the same time, call writers are gradually shifting their positions to higher levels, indicating a sentiment shift toward the upside. The 57,000 strike holds the highest open interest on the call side with 12.14 lakh contracts, marking it as the immediate resistance level. Meanwhile, the 56,500 strike has seen strong put writing with 7.10 lakh contracts added, establishing it as a critical support zone. The Put-Call Ratio (PCR) has edged higher from 0.98 to 1.00, signalling reduced bearish sentiment and increasing bullish momentum. The Max Pain level remains at 56,000, suggesting a probable expiry near the current market zone.
Jun 10, 2025, 8:17 am IST
Bank Nifty Outlook Today By Dhuhpesh Dhameja, Derivatives Research Analyst, SAMCO Securities
With the index sustaining above all key moving averages and major support levels, the broader trend remains positive, and any corrective moves are likely to be considered buying opportunities. The former resistance has now turned into immediate support, reinforcing the underlying bullish tone. The index managed to hold above the crucial neckline level of 56,150, suggesting continued demand at lower levels.
A strong move above the 57,100 mark could potentially trigger another leg of the rally, opening up possibilities for a move toward 57,500. On the downside, any meaningful weakness would only be confirmed if the index breaks below the 56,500 mark. Until then, dips are expected to attract buying interest. Momentum indicators remain supportive, with the RSI comfortably positioned above the 65 level, indicating sustained positive momentum. As the index continues to trade above its breakout levels, the overall trend remains decisively bullish, favouring a ‘buy-on-dips’ strategy.
Jun 10, 2025, 8:16 am IST
Nifty Derivatives Highlights By Dhuhpesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The options data continues to support a positive outlook, with aggressive put writing visible at near-the-money levels. Simultaneously, call writers are gradually shifting their positions higher, hinting at a change in sentiment from cautious to optimistic. The 25,500 strike continues to hold the highest open interest on the call side with 93.17 lakh contracts—making it a prominent resistance level. Meanwhile, the 25,000 strike has seen healthy additions of 77.98 lakh contracts on the put side, reaffirming it as a reliable support zone. The Put-Call Ratio (PCR) has slightly declined from 0.97 to 0.94, indicating a fading bearish bias and steady bullish momentum. Max Pain stands anchored at 25,000, implying traders expect the index to expire around current levels.
Jun 10, 2025, 8:15 am IST
Nifty Outlook Today By Dhuhpesh Dhameja, Derivatives Research Analyst, SAMCO Securities
Nifty managed to hold above the psychologically important 25,000 mark, suggesting that buyers remain active at lower zones. A convincing move above 25,150 could strengthen the uptrend further and potentially drive the index toward the 25,300 region. On the flip side, any real weakness will only be visible if the index slips below 24,800—until then, every dip is likely to attract fresh buying interest. Momentum indicators also remain supportive; RSI has reclaimed the 60-mark, reflecting renewed bullish strength. As the index holds above its breakout zone, the broader trend remains bullish with a 'buy-on-dips' approach preferred as long as vital supports are respected.
Jun 10, 2025, 8:14 am IST
Muthoot Finance In Focus
The coveted Rs 1 lakh crore market capitalization (m-cap) milestone has been reached by no other public firm but Muthoot Finance. On Monday, the share price on the BSE hit a record high of Rs 2,542.90. Currently, Muthoot Finance is one of the top 100 listed Indian firms by m-cap. Notably, Muthoot Finance's market capitalization reached Rs 50,000 crore in Q2FY21 when the share price hit Rs 1,120. As the share price rose to Rs 1,850, the company's market capitalization skyrocketed to Rs 75,000 crore in just four years, by Q2FY25.
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