Author: Partha Halder
Indian equities closed with modest gains on Monday, brushing aside a sharp selloff in IT stocks as easing geopolitical tensions in the Middle East and a dip in crude prices lifted broader sentiment. The Nifty 50 ended at 24,102.90, up 89.80 points or 0.37%, while the BSE Sensex settled at 77,094.07, gaining 291.17 points or 0.38%.
The Bengal Chamber of Commerce & Industry (BCC&I) organized a Financial Awareness Conclave – “Wealth: Inclusion, Creation, Protection & Growth” on Friday, bringing together policymakers, regulators, bankers, and financial experts.
The conclave featured a series of engaging expert roundtable discussions. The session on “Envisaging Integrated Financial Ecosystems: MSME Growth through Credit, Cash Flow & Capital”, witnessed insightful deliberations from Mr. Shams Tabrez, DGM-SME, State Bank of India, and Mr. Ujjwal Chandra, Deputy Zonal Head, Central Bank of India, on strengthening credit access and sustainable growth pathways for MSMEs
Shattering a five-day winning streak with dramatic speed, Indian equity benchmarks collapsed on Thursday, June 18, 2026, as a toxic combination of fresh West Asia military escalations and restrictive global monetary policy triggered a widespread panic liquidation. The NSE Nifty 50 slid below key psychological floors, losing its footing to close at 23,901.90, while the BSE Sensex dropped sharply to settle at 76,469.72, erasing nearly all market capital gains built up early in the week. The massive risk-off reversal was sparked by intense, unexpected retaliatory air strikes between Israel and Iran, completely upending the short-lived energy truce and reviving acute inflation anxieties across global supply chains. Adding heavy domestic pressure, U.S. Federal Reserve Chair Jerome Powell delivered a surprisingly hawkish pause, warning of sticky core inflation and signaling a slower path for interest rate cuts—a stance that immediately triggered a severe 1% bloodbath across India’s top IT exporters, led by Tech Mahindra, TCS, and Wipro. Amidst the rising global instability, geopolitical jitters hit New Delhi directly as the Ministry of External Affairs officially activated Operation Sindhu, successfully airlifting the first batch of 100 Indian students out of the conflict theater via Armenia, while market desks flagged a highly unusual closed-door White House luncheon between U.S. President Donald Trump and Pakistan Army Chief Asim Munir as an emerging regional wild card.
Defying multi-week resistance bands with structural ease, Indian equities marched ahead to notch a spectacular fifth consecutive winning session on Wednesday, June 17, 2026. The NSE Nifty 50 rose 82.30 points to settle at 24,168.00, surviving late-hour profit booking after tracking an intraday high of 24,189.25, while the BSE Sensex advanced 0.33% to close at 77,409.98. The overarching catalyst remained the uncoiling of West Asia energy risks following the formalization of the U.S.-Iran peace treaty in Switzerland, which sent Brent crude tumbling down toward the $79-per-barrel floor. Highlighting the physical restoration of global trade, the Malta-flagged LNG carrier DISHA—carrying 62,370 metric tonnes of fuel chartered by Petronet LNG—successfully sailed past the once-blockaded Strait of Hormuz to safely drop anchor at Dahej, Gujarat, on June 18. Domestic corporate action shared center stage as the National Stock Exchange (NSE) formally filed its draft red herring prospectus (DRHP) for a historic IPO, unlocking a massive $2.6 billion windfall for early institutional backers like State Bank of India and Temasek. Simultaneously, cross-border commerce received a massive policy boost as New Delhi and London ironed out long-standing steel tariff bottlenecks, officially setting July 15, 2026, as the definitive enforcement date for the highly anticipated India-UK Free Trade Agreement
Before Mumbai became synonymous with Indian finance, before Sensex and Nifty became household names, there was Calcutta. And at the heart of it stood the Calcutta Stock Exchange, or CSE.
Maintaining strong upward momentum for a third consecutive session, Indian equities ended firmly in positive territory on Tuesday, June 16, 2026, as global market sentiment was fortified by the looming formalization of the U.S.-Iran peace framework. The NSE Nifty 50 rose 96.55 points to finish at 24,085.70, testing intense overhead chart resistance near an intraday high of 24,108.20, while the BSE Sensex gained 0.45% to settle at 77,155.62. The widespread market buoyancy was directly driven by Brent crude slipping below $81.50 per barrel, which triggered a multi-day cooling of imported inflation metrics and prompted Foreign Portfolio Investors (FPIs) to return as net positive buyers. Heavyweights HDFC Bank (+1.0%) and Reliance Industries (+1.7%) provided massive institutional heft to the indices, alongside stock-specific surges from Devyani International (+2.5%) and Sapphire Foods (+5.0%) on definitive merger nods. On the geopolitical and domestic policy front, Prime Minister Narendra Modi used the G7 Summit platform in Évian-les-Bains to demand structural reforms from global leaders, while back home, the Ministry of Electronics and Information Technology (MeitY) triggered a temporary, nationwide access restriction on the Telegram platform until June 22 to preemptively dismantle organized cheating and backdated message-swapping rackets ahead of the high-stakes NEET-UG 2026 re-examination.
Indian equity benchmarks surged on Monday, June 15, 2026, as the abrupt evaporation of the West Asia geopolitical risk premium triggered an aggressive global market rally. Reversing weeks of intense conflict anxiety, the NSE Nifty 50 soared 231 points to settle at 23,853.90, while the BSE Sensex advanced 736 points to close at 76,264.33, pushing the total market capitalization of BSE-listed firms to an unprecedented ₹462 lakh crore. The primary catalyst was a surprise U.S.-Iran ceasefire agreement scheduled to be formalized in Switzerland on Friday, which immediately sent Brent crude crashing 4.1% to $84 per barrel—its lowest level since March. This massive relief on imported inflation supercharged fuel retail, aviation, paint, and tire manufacturers, while sending the 10-year benchmark bond yield sliding to 6.8957%. Corporate actions shared center stage as billionaire Anil Agarwal’s massive Vedanta demerger reached its final milestone, debuting four sector-pure spin-offs—Vedanta Aluminium Metal (VAML) at ₹522, Vedanta Power at ₹41.80, Vedanta Oil and Gas (VOGL) at ₹38, and Vedanta Iron and Steel (VISL) at ₹20—on the NSE under a strict trade-to-trade delivery mandate. Simultaneously, on the policy front, Gujarat unveiled its Industrial Policy 2026 at Gandhinagar, expanding its priority sectors to 16 to aggressively capture global chip and robotics supply chains moving out of China
Indian equity benchmarks surged on Monday, June 15, 2026, as the abrupt evaporation of the West Asia geopolitical risk premium triggered an aggressive global market rally. Reversing weeks of intense conflict anxiety, the NSE Nifty 50 soared 231 points to settle at 23,853.90, while the BSE Sensex advanced 736 points to close at 76,264.33, pushing the total market capitalization of BSE-listed firms to an unprecedented ₹462 lakh crore. The primary catalyst was a surprise U.S.-Iran ceasefire agreement scheduled to be formalized in Switzerland on Friday, which immediately sent Brent crude crashing 4.1% to $84 per barrel—its lowest level since March. This massive relief on imported inflation supercharged fuel retail, aviation, paint, and tire manufacturers, while sending the 10-year benchmark bond yield sliding to 6.8957%. Corporate actions shared center stage as billionaire Anil Agarwal’s massive Vedanta demerger reached its final milestone, debuting four sector-pure spin-offs—Vedanta Aluminium Metal (VAML) at ₹522, Vedanta Power at ₹41.80, Vedanta Oil and Gas (VOGL) at ₹38, and Vedanta Iron and Steel (VISL) at ₹20—on the NSE under a strict trade-to-trade delivery mandate. Simultaneously, on the policy front, Gujarat unveiled its Industrial Policy 2026 at Gandhinagar, expanding its priority sectors to 16 to aggressively capture global chip and robotics supply chains moving out of China
Indian equities delivered a sharp rebound on Friday, shrugging off two days of consolidation as easing crude prices and signs of de-escalation in West Asia revived risk appetite. The Nifty 50 and BSE Sensex both closed nearly 2% higher, recording their strongest single-day gains since late May and restoring confidence across Dalal Street.
Dalal Street faced an aggressive afternoon reversal on Thursday, June 11, 2026, as early morning euphoria collapsed under a dual onslaught of hot macro data and a severe military escalation in West Asia. The BSE Sensex dropped from its intraday mount of 74,394.34 to settle at 73,903.69, down 79.49 points, while the NSE Nifty 50 slid 53.35 points to finish at 23,161.60. Risk appetite soured rapidly after the U.S. CPI print recorded its fastest acceleration in three years, signaling that the Federal Reserve may prolong its restrictive high-interest-rate regime into 2027. Simultaneously, the Pentagon launched heavy air strikes on Iranian military assets near the Strait of Hormuz, prompting the IRGC to deploy massive retaliatory drone and missile barrages against U.S. bases in Jordan, Kuwait, and Bahrain. The flashpoint pushed Brent crude to a fresh high of $94 per barrel, accelerating panic selling across tech and metal indices. While mid-cap and small-cap counters slid over 1%, banking heavyweights like ICICI Bank (+2.48%) and Axis Bank held the line, insulated by the RBI’s concessional foreign currency swap window.