Global cues were mixed, with Nasdaq and S&P futures positive while Europe traded mildly lower. Asian markets were uneven, though KOSPI gained sharply and Gift Nifty indicated a positive start. FIIs and DIIs were net buyers. Commodities weakened broadly, while corporate updates highlighted orders, acquisitions, AI partnerships, IPO activity and bulk deals.
1. Global Market Futures & Live Indices
Global Futures & Asian Live Markets
| Market / Index | Change (%) | Status / Time |
| Nasdaq Futures | +0.53% | Futures (US) |
| Dow Jones Futures | -0.02% | Futures (US) |
| S&P 500 Futures | +0.23% | Futures (US) |
| FTSE 100 Futures | -0.06% | Futures (Europe) |
| CAC 40 Futures | -0.05% | Futures (Europe) |
| DAX Futures | -0.07% | Futures (Europe) |
| NIKKEI 225 | -0.70% | Live (Asia) |
| KOSPI | +2.49% | Live (Asia) |
| TAIEX | -0.26% | Live (Asia) |
| ASX 200 | +0.06% | Live (Australia) |
| Gift Nifty | +0.20% | Live ( GIFT City) |
Institutional Activity (Cash Market — June 23, 2026)
2. Commodity Market Updates (Live)
International commodity markets started early trade with a negative bias, witnessing profit booking across energy and precious metals due to easing safe-haven demand.
Gold (Continuous): Down 1.38% to 4,092.15
Spot Gold (XAU/USD): Down 0.86% to 4,074.64
Silver: Down 1.68% to 61.03
WTI Crude Oil: Down 1.04% to $72.45/bbl
Brent Crude: Down 0.68% to $76.08/bbl
Natural Gas: Down 0.22% to 3.19
Copper: Up 0.04% to 6.1270 (Lone gainer on industrial demand resilience)
3. Key Corporate Updates
🟢 Positive Catalysts
ARSS Infrastructure Projects: Secured a new infrastructure order worth ₹214.7 million, strengthening order book visibility and execution momentum.
Baba Food Processing: Commenced commercial operations at Plant Unit No. 2 in Nagri, Ranchi, expected to enhance production capacity and revenue growth.
Garden Reach Shipbuilders & Engineers (GRSE): Emerged as the lowest bidder (L-1) for a ₹400 million electric bollard pull tug project.
Godawari Power & Ispat: Successfully commissioned its 6.91 MW Waste Heat Recovery Power Plant in Raipur to lower power costs and improve energy efficiency.
HPCL: Confirmed the official commencement of commercial operations at HPCL Rajasthan Refinery Limited (HRRL) effective June 22, 2026.
Imagicaaworld Entertainment: Resuming Khopoli water park operations from June 26, 2026, targeting peak travel season footfalls.
Infosys: Expanded its collaboration with GlobalFoundries via a multi-year IT transformation engagement. Management projects accelerated growth in Financial Services and Energy verticals during FY27.
Innovision: Received a Letter of Award (LoA) for a project valued at ₹77.4 million.
IRFC OFS: Government set the floor price for its Offer for Sale (OFS) at ₹91 per share to divest 1% equity with an additional 1% green-shoe option.
NLC India: Signed an MoU with Indian Oil Corporation (IOCL) to explore and co-develop large-scale renewable energy projects.
NTPC: Declared commercial operation of Unit-2 (800 MW) of Patratu STPP Phase-I, expanding overall generation capacities.
Power & Instrumentation (Gujarat): Received an additional work order worth ₹37.2 million.
Prostarm Info Systems: Emerged as the L-1 bidder for a project valued at ₹40.3 million.
Rashi Peripherals: Approved the acquisition of a stake in VDA Infosolutions for ₹3.68 billion in cash to scale its technology solutions portfolio.
Shayona Engineering: Secured a fresh purchase order worth ₹2.6 million.
Solarium Green Energy: Bagged a substantial renewable energy order worth approximately ₹1.87 billion.
Striders Impex: Signed a merchandise licensing agreement with Hasbro Consumer Products Licensing to leverage global brands.
Sula Vineyards: Completed the asset acquisition of Domaine Chandon India through its subsidiary; remaining ₹50 million consideration is payable within 12 months.
Supreme Power Equipment: Secured a fresh contract worth ₹56 million.
Tata Motors (Passenger Vehicles): Outlined an aggressive roadmap to double revenue and sales volumes by FY31 across product segments.
Tech Mahindra: Partnered with Telefónica Germany to develop a next-generation private cloud platform for telecom digital transformation.
Wipro: Signed a definitive agreement to acquire customer contracts from Alpha Net Consulting (expected completion by Sept 30, 2026). Additionally expanded its AI-driven MDR cybersecurity partnership with Palo Alto Networks.
🔴 Negative Catalysts
Bajaj Auto: Reported a cyber incident on June 23, 2026. Informed CERT-In; stated that mitigation was successful and business continuity remains intact despite ongoing security risks.
IRCTC: Approved the resignation of Chairman and Managing Director Sanjay Kumar Jain, prompting a leadership transition.
Manali Petrochemicals: Announced a temporary shutdown of Plant-1 for scheduled maintenance lasting approximately 10 days.
Tech Mahindra: Voluntarily liquidated step-down subsidiary HCI Group Australia, effective May 27, 2026, as part of corporate rationalization.
Vedanta: Promoter entity Twin Star Holdings sold 65.1 million shares via a bulk deal at ₹291.36 per share, triggering near-term supply pressure.
🟡 Neutral / Corporate Actions
Aanchal Ispat: Approved the issuance of convertible warrants worth ₹86.51 million.
Bacil Pharma: Board to meet soon to consider fund-raising proposals.
Bajaj Auto: Subsidiary issued and listed ₹5 billion worth of non-convertible debentures (NCDs).
Bajaj Healthcare: Approved the sale of its Tarapur operational business unit for up to ₹40.5 million for structural alignment.
City Union Bank: Planning a ₹5 billion Qualified Institutional Placement (QIP) to enhance capital adequacy.
Dhruv Consultancy Services: Incorporated a new subsidiary focused on executing wayside amenities projects.
Gem Aromatics: Approved the incorporation of a wholly owned subsidiary in Brazil.
Honasa Consumer: Approved the acquisition of Fluence Pharma Private Limited at an enterprise value of ₹1.35 billion.
Kalyani Cast-Tech: Board to consider raising capital via equity/convertible securities on a preferential basis.
Khadim India: Board to deliberate fundraising options through preferential issuance routes.
Mangalam Organics: Appointed Manoj Mhapadi as CFO following the retirement of Shrirang V. Rajile.
Muthoot Microfin: Board to consider issuing up to ₹40 billion in non-convertible debentures (NCDs).
Patel Integrated Logistics: Approved a share buyback program worth up to ₹108 million.
Power Finance Corporation (PFC): Board to consider a potential merger with REC on June 28, 2026. Separately launched $300 million of 5.32% notes due 2031 under its $8B GMTN program.
Power Grid Corporation: To consider raising up to $500 million via External Commercial Borrowings (ECBs).
Remus Pharmaceuticals: Appointed Bavik Shah as CFO, effective July 9, 2026.
Sahaj Solar: Infused an additional AED 75,000 capital contribution into its joint venture, Sahaj Energy Solar Panels Manufacturing.
Satin Creditcare Network: Approved NCD issuances up to ₹50 billion.
Starlog Enterprises: Approved a ₹50 million capital infusion into its subsidiary, Starport Logistics.
Tata Power: Regulatory directions validity for the Mundra thermal power plant extended through September 30, 2026.
Wendt (India): Infused ₹132.9 million into its wholly owned subsidiary to support operational growth.
Yes Bank: Board to consider capital raising via equity securities and debt instruments.
4. Macro, Non-Corporate & Global Updates
Indian Markets & Bonds: Domestic indices ended lower due to weaknesses in IT and metals, slowing business activity data, and monsoon progress anxieties. In contrast, sovereign debt improved as the 10-year benchmark government bond yield fell to 6.8364% (from 6.8473%).
RBI Regulatory Policy: Permitted multiple updates including easing foreign currency position calculations, shorter-tenor swaps, FCNR(B) deposit lending flexibility, and commercial/SFB credit facility amendments.
RBI Market Operations: Scheduled a ₹300 billion buyback of dated securities via auction on June 29, 2026. Nine states collectively raised ₹179 billion via SDL auctions, exceeding the initial target of ₹169 billion.
RBI TReDS Framework: Final directions released for Trade Receivables Discounting System (TReDS) platforms to improve MSME funding availability.
Aviation Sector: Akasa Air is targeting a 30% capacity expansion and evaluating a government-backed credit support scheme.
Foreign Investment: Canada's Fairfax Financial reportedly purchased nearly $1 billion in Indian government bonds.
CCI Approvals: Approved Alpha Wave Ventures II LP's stake acquisition in Nxtra Data.
Global Commodity Shifts: Russian ESPO crude blend for July-August fell to parity with Brent due to subdued Asian demand. Palm oil prices saw standard profit-booking declines.
SEBI Regulation: Released a consultation paper proposing a unified advertisement code for all SEBI-regulated entities.
WTO Dispute & Climate: A WTO panel will examine complaints against India's solar tariff protection measures. Meanwhile, Bangladesh criticized the proposed $300 billion global climate finance commitment as insufficient.
BRICS Strategy: China's Foreign Minister called for tighter integration between member nations concerning strategic minerals and supply chains.
Global Big Tech: Reports show Meta is aggressively looking into payments and financial infrastructure architecture.
Sky Alloys & Power: Filed draft papers for an IPO consisting of a 16.1 million fresh share issue and an 1.8 million share offer-for-sale (OFS).
5. Bulk & Block Deal Analytics
Vedanta
Seller: Twin Star Holdings (Promoter Entity)
Volume & Stake: 6.5 crore shares (1.66% stake)
Price: ₹291.36 per share
Total Value: ~₹1,895.96 crores
Impact: Marginal reduction in promoter holding; creates short-term liquidity/supply pressure.
Delhivery
Seller: Nexus Ventures III
Volume & Stake: 43.23 lakh shares (0.57% stake)
Price: ₹481 per share
Total Value: ₹207.97 crore
Context: Total quarter reduction stands at 1.97% when combined with April transactions.
Sky Gold and Diamonds
Seller: Vikas Navratanmal Ganna & Jinesh Navratanmal Ganna (Promoters)
Volume & Stake: Combined 22.94 lakh shares (1.48% stake)
Price: ~₹490 – ₹491 per share
Total Value: ~₹112.6 crore
DP Wires
Seller: Amitabh Bachchan (Individual Investor)
Volume: Net seller of 82,056 shares (Bought 41,566 shares; Sold 1.23 lakh shares)
Price: ₹200.84 per share
Total Value: ~₹1.64 crore
Craftsman Automation
Seller: Srinivasan Ravi (Promoter)
Volume & Stake: 5.25 lakh shares (2.00% stake)
Price: ₹9,250 per share
Total Value: ₹485.62 crore
Key Buyers: Institutional appetite from HDFC MF, Invesco MF, Franklin Templeton, Axis MF, and Abu Dhabi Investment Authority.
6. Primary Market (IPO) Tracker
SME IPO Listings (June 24, 2026)
On-going IPO Status
| Company Name | Segment | Closing Date |
| Advit Jewels Ltd (Rambhajo) | Mainboard/SME | June 25, 2026 |
| Waterways Leisure Tourism Ltd (Cordelia) | Mainboard/SME | June 25, 2026 |
| Shreedhar Spinners Ltd | NSE SME | June 25, 2026 |
| Riyaasat Lifestyle Ltd | BSE SME | June 25, 2026 |
| CSM Technologies Ltd | Mainboard/SME | June 29, 2026 |
| Sri Priyanka Geo Commex Ltd | NSE SME | June 29, 2026 |
Upcoming IPOs
7. Corporate Action Dividends & Trading Band Adjustments
Securities Trading Ex-Date: June 24, 2026
