Nifty Above 24,100; Sun Pharma & Trent Top Gainers

The BSE Sensex is trading 26 points higher, and the NSE Nifty is trading 12 points higher.

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Photo by Maxim Hopman on Unsplash

Asian markets traded mostly lower on Tuesday as oil prices regained strength and expectations of interest rate hike increased.

US stock market ended mixed on Monday, weighed down by declines in the megacap technology stocks.

Here's a table showing how US stocks performed on Monday:

Stock/Index

LTP

Change ($)

Change (%)

Day High

Day Low

52-Week High

52-Week Low

Alphabet

348.78

-18.68

-5.08%

358.2

340.94

404.44

163.33

Apple

297.01

-1

-0.34%

302.42

296.76

317.4

198.96

Meta

563.85

-13.37

-2.32%

575.81

559.81

796.25

520.26

Tesla

405.05

4.56

1.14%

414.75

394.4

498.82

288.77

Netflix

72.88

-4.5

-5.82%

77.09

71.81

134.12

71.81

Amazon

232.79

-11.6

-4.75%

242

232.24

278.56

196

Microsoft

367.34

-12.06

-3.18%

381.63

367.07

555.45

356.28

Dow Jones

51712.71

148.01

0.29%

51887.85

51555.19

52281.19

41981.14

Nasdaq

30347.08

-59.11

-0.19%

30642.57

30194.25

30762.2

21532.32

Source: Equitymaster

At present, the BSE Sensex is trading 26 points higher, and the NSE Nifty is trading 12 points higher.

Sun Pharma, Trent, and ICICI Bank are among the top gainers today.

Infosys, TCS, and HCL Tech, on the other hand, are among the top losers today.

The BSE 150 Midcap index is trading 0.1% higher, and the BSE 250 SmallCap index is trading 0.5% higher.

Sectoral indices are trading mixed today, with stocks in the realty sector and healthcare sector witnessing buying. Meanwhile, stocks in the IT sector and the metal sector witnessed selling pressure.

The rupee is trading at Rs 94.6 against the US dollar.

JSW Infra Launches Major Fundraise

JSW Infrastructure Ltd, part of the Sajjan Jindal-led JSW Group, has launched a Qualified Institutional Placement (QIP) with an indicative size of up to Rs 75.02 billion (bn).

The offering comprises both a fresh issue of equity shares and a promoter stake sale.

As part of the transaction, the company plans to issue 230 million new equity shares, while promoters will divest 33.25 million shares. The promoter sale is aimed at meeting SEBI's minimum public shareholding requirement of 25%.

BEL Continues Strong Defence Order Momentum

Shares of Navratna defence PSU Bharat Electronics Ltd. (BEL) are expected to remain in focus on Tuesday, June 23, after the company announced a fresh order win worth Rs 10.81 bn.

According to a regulatory filing, the new orders include communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares, and related services.

The latest contract adds to BEL's strong order momentum. In May 2026, the company had secured defence orders worth Rs 6.08 bn.

APAR Expands Specialty Oils Presence Globally

APAR Industries has signed an agreement through its Middle East subsidiary to source base oils within the lubeHub Value Park in Yanbu.

The partnership is expected to strengthen the local industrial ecosystem and boost regional value addition.

The arrangement will enable APAR to manufacture its flagship transformer oils, along with a broad portfolio of specialty oils, catering to growing demand across the region.

APAR Industries is a leading player in the energy infrastructure space with operations spanning conductors, cables and specialty oils. The company offers a wide range of products catering to power transmission, renewable energy, and industrial applications.

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