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Markets saw a big drop Friday, with Sensex and Nifty falling over 1% due to fund flows. Analysts say "traders are turning cautious near higher levels." This sharp selloff wiped out Rs 6 lakh crore in value, showing indecisiveness as markets faced geopolitical worries and ended the month with a bearish candle.
Hey, guess what? Banks are gonna be closed for up to 11 days in June 2026! So, if you need to go to SBI or HDFC, "check the holiday schedule in advance." Sundays and Saturdays are included, but you can still use apps and ATMs for your money stuff.
Wall Street hit new records Friday, with tech stocks like Dell leading the charge after a forecast boost. Investors are watching for more AI excitement and company earnings. This strong finish sets the stage for Monday's trading, as markets eye potential U.S.-Iran talks and inflation news.
Triveni Engineering's profit for the last quarter fell a bit, but for the whole year, their profit actually went up by 12.8%! They said, "results incorporate the amalgamation of Sir Shadi Lal Enterprises." This means a merger happened, and they're now combining businesses, which is a big change for them.
The stock market is changing its closing time for futures and options trading. Starting August 3, 2026, it will end 10 minutes later, at 3:40 pm. This is to match the new cash market closing auction. The NSE said, "traders to hedge risk, rebalance portfolios." This gives folks more time to adjust their trades.
Get ready for a change in the stock market! Starting August 3, 2026, the F&O market will stay open an extra 10 minutes, closing at 3:40 pm. This is to match new rules in the cash market. NSE said "the extension is aimed at aligning derivatives trading." It gives traders more time to adjust positions.
Axis Mutual Fund says bond investors should buy, not panic. They believe aggressive rate hikes won't help the rupee and could hurt growth. Instead, "investors could buy fixed income assets, but gradually," suggesting a balanced approach over three months, watching RBI policy and oil prices.
ICICI Prudential launched a new fund to help investors manage unpredictable markets. The iSIF Active Asset Allocator Long-Short Fund invests in stocks, bonds, and commodities, using smart strategies for both up and down markets. Yash Snehal Rao said, "investors to look beyond a single asset class." It's for long-term growth.
Gold prices went up because it looks like the US and Iran might extend their ceasefire. A weaker dollar and lower oil prices also helped. But, worries about prices going up and interest rates staying high kept gains in check. Silver stayed about the same. Market watchers are looking at world events and what the Fed might do.
PB Fintech founders sold a big chunk of their shares! Yashish Dahiya and Alok Bansal offloaded 0.8% for Rs 665 crore. Big names like Goldman Sachs and Tata Mutual Fund bought them. This comes after they sold shares last year too. The company's business is doing well, with profits up.
Starting your SIP just five years later can cost you a whopping Rs 2.5 crore at retirement! Young earners often spend instead of investing, thinking they can start later. But those early years are key for money to grow. As one person put it, "What's the rush?" This delay is a costly mistake.
Gold prices dropped on May 30, 2026, with major jewellers showing lower rates. This happened because global prices eased and demand for safe havens fell. "Gold prices continued to ease today," showing a slight dip from yesterday. This means buying gold is a bit cheaper now.