Daily Republic News
- Business
- June 10, 2026
No Coercive Action Against Reliance Group Chairman Anil Ambani: Bombay HC To IT Department
The Bombay High Court has asked the Income Tax (IT) department to not undertake any coercive action against businessman and Reliance group Chairman Anil Ambani under the Black Money & Imposition of Tax Act.The IT department had sought to prosecute Ambani under the Black Money (BM Read More
- Business
- June 10, 2026
SIP Stability Continues; Indian Retail Investors Defy Market Volatility With Steady Inflows
The Indian equity landscape is currently navigating a period of global volatility. However, one segment remains remarkably steady, the retail investor. Data from the Association of Mutual Funds in India (AMFI) confirms that Systematic Investment Plan (SIP) contributions are holdi Read More
- Business
- June 10, 2026
RBI Likely Intervenes to Support Rupee as It Battles Pressures Near 95.56 Level, Traders Say
The Indian central bank likely stepped in to the foreign exchange market on Wednesday to support the rupee, three traders told Reuters, as maturing contracts in the non-deliverable forwards market exerted pressure on the currency.The rupee was at 95.27, up modestly on the day aft Read More
- Business
- June 10, 2026
Oil Prices Climb as U.S. Strikes Iran and Crude Inventories Tighten Amid Geopolitical Risks
Oil prices climbed on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude stocks.Brent futures rose 66 cents, or 0.7%, to $92.11 a barrel Read More
- Business
- June 10, 2026
Domestic Liquidity Rescues Indian Markets as FIIs Record Historic Selling Spree in June 2026
The Indian stock market is showing structural resilience this June. As Foreign Institutional Investors (FIIs) maintain a sustained exit strategy, Domestic Institutional Investors (DIIs) have emerged as the primary liquidity providers, thus effectively cushioning the impact on ben Read More
- Business
- June 10, 2026
Market Volatility Hits Equity Funds: May Inflows Slip to One-Year Low on Iran War Fears
The Indian mutual fund landscape saw reversal in May 2026. Data from the Association of Mutual Funds in India (AMFI) confirms that net inflows into equity mutual funds dropped to their lowest level in a year. Total equity inflows fell by 40% month-on-month, settling at INR 22,908 Read More
- Business
- June 10, 2026
Reliance Lifts Indian Stock Market After Meta Data Centre Deal
The Indian benchmark stock market indices turned higher on Wednesday after a flat start, led by Reliance Industries, after Meta Platforms’ announcement of its first AI-enabled data centre partnership in India.The benchmark Nifty 50 rose 0.59% at 23,379.4, while the BSE Sensex gai Read More
- Business
- June 10, 2026
Spacex IPO Demand Is Approaching Four Times Oversubscribed
Elon Musk’s SpaceX has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, said people familiar with the matter on Tuesday, dwarfing the $75 billion the firm is seeking to raise. The deal’s oversubscription rate is running at three and a ha Read More
- Business
- June 10, 2026
Stock Market Opening Bell: Sensex Surged 0.08%, Nifty 50 Declines 0.04%
Stock Market Opening Bell: The Indian benchmark stock market bourses, Sensex, and Nifty 50, witnessed a flat opening on Wednesday, June 10, following weak investor sentiment across global market due to fresh escalations in the US-Iran war.While Sensex rose 0.08% to 73,988.30 leve Read More
- Business
- June 10, 2026
Stock Market Outlook: How Will Nifty 50, Sensex Trade On June 10?
Stock Market Outlook: The Indian benchmark stock market bourse, Sensex, and Nifty 50, are expected to witness a gap down opening on Wednesday, following weak investor sentiment across global market due to fresh escalations in the US-Iran war.The trends on Gift Nifty also signalle Read More
