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Sensex Soars 1,695 Points, Nifty Jumps as Oil Tumbles on US-Iran Peace Talks Hopes
Mumbai, June 12, 2026, 16:32 (IST) • Nifty 50 ended up 1.99% at 23,622.90. Sensex gained 2.3% to finish at 75,527.95.• Brent crude dropped to around $87 a barrel and that sent banks, airlines, cement, paint and other oil-sensitive stocks higher.• Markets watch for progress in US-Iran peace talks. A signed deal could help keep oil at $90 or lower. Indian stocks jumped on Friday for their best day in two months. The Nifty 50 rallied 461.30 points to close at 23,622.90, while the BSE Sensex gained 1,695.40 points to finish at 75,527.95. BSE-listed market value climbed by around ₹10
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ICICI Bank Gains 1.8% with Nifty Bank, Private Lenders Get a Lift
Mumbai, June 12, 2026, 15:35 (IST) ICICI Bank traded higher on Friday, with buyers moving into big private banks as Indian stocks rallied. Shares changed hands near ₹1,341.20 on NSE, climbing about 1.8%. Moneycontrol showed the stock moved between ₹1,318.70 and ₹1,344.30 for the day, with a 52-week spread of ₹1,187.60 to ₹1,500.00. (Moneycontrol) The bank moved up in line with Indian stocks as oil prices dropped and buyers came back in. Reuters said the Nifty 50 gained 1.02% to 23,398.9. The Sensex added 1.17% to 74,693.12 in early deals, with gains across every major sector.
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IFCI Shares Surge 20% on NSE IPO Talk, Hit 52-Week High
Mumbai, June 12, 2026, 14:34 IST IFCI Limited surged nearly 20% in intraday trade Friday, leading the day’s top market movers. The state-owned financial company hit a new 52-week high. Delayed quotes from Mirae Asset Sharekhan pinned IFCI at ₹84.63 on the BSE, up ₹14.10, or 19.99%. On the NSE, IFCI was last at ₹84.57, higher by ₹14.09, or 19.99%. The NSE stock opened at ₹72.30 after closing at ₹70.48 the previous day. (Sharekhan) Trading was heavy as IFCI jumped to a 22-month high of ₹84.63 on the BSE, Business Standard said. Volumes on the NSE and BSE together topped
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MTAR Technologies up 13% after Bloom Energy update; stock calms after slide
Mumbai, June 12, 2026, 13:52 IST MTAR Technologies Ltd. stock jumped Friday, clawing back some losses from a sharp two-day drop as investors took another look at worries over a U.S. data-centre project tied to major customer Bloom Energy. The NSE-listed shares traded at ₹7,113.50, up 12.81%, as of 1:33 p.m. IST, after opening at ₹6,666.50 and hitting a high of ₹7,170 in the session, Google Finance showed. (Google) MTAR shares bounced 13% to ₹7,119 at 1:15 p.m., Moneycontrol reported, a day after dropping over 11%.
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Infosys shares fall to ₹1,114.60 as Nifty IT drops on tech concerns
Bengaluru, June 12, 2026, 04:32 IST Infosys Limited shares dropped 2.68% to ₹1,114.60 on the NSE on June 11, dragged down along with other Indian tech stocks. Volume totaled 9.37 million shares. The stock hit a session low of ₹1,109.00, just above its 52-week low of ₹1,089.00, according to Moneycontrol. (Moneycontrol) The drop outpaced the main indexes. Reuters said the Nifty 50 lost 0.23% to 23,161.6 and the BSE Sensex slipped 0.2% to 73,832.55. Most major sectors fell, with 12 of 16 closing in the red. Small-cap shares fell 0.7%, while mid-caps dropped 0.8%.
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Axis Bank Shares Gain Ground as Investors Weigh Growth Outlook and Expansion Plans
Mumbai, June 12, 2026, 09:15 IST Shares of Axis Bank Limited remained in focus this week after the stock advanced in recent sessions, reflecting investor confidence in the lender’s growth strategy and improving operating metrics. Axis Bank shares were trading around ₹1,314 on June 10, according to market data, marking a gain from levels seen earlier in the month. (Kotak Neo) The stock’s recent strength comes as investors continue to assess the bank’s growth prospects following its latest quarterly results and management’s expansion plans.
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Vodafone Idea Shares Edge Up 2% After ₹4,730 Crore Warrant Nod and Court Order
Mumbai, June 12, 2026, 02:35 IST Vodafone Idea Ltd shares gained 2.09% on Thursday to settle at ₹14.17 on the NSE, up ₹0.29. The stock opened at ₹13.78 and moved in a range from ₹13.73 to ₹14.49. Volume came in at 80.24 crore shares. The Nifty 50 fell 0.23% to 23,161.6 and the BSE Sensex slipped 0.2% to 73,832.55. (The Economic Times) Vodafone Idea held its extraordinary general meeting after the close, as investors watched for updates. According to an exchange filing, the EGM ran from 4:30 p.m. to 5:14 p.m. IST over video conference, chaired by Kumar Mangalam Birla.
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GIFT Nifty Dips, Oil, Rupee, FII Flows in Focus on Friday
Mumbai, June 12, 2026, 02:20 IST Indian shares set for a cautious start Friday after falling Thursday. Nifty 50 lost 0.23% to close at 23,161.60, while Sensex slipped 0.2% to 73,832.55, with most sectors losing ground, according to Reuters. Traders are watching GIFT Nifty moves, crude prices, and foreign investor flows. GIFT Nifty futures slipped 47.50 points to about 23,153 late Thursday, down 0.2%, according to NSE data. The move signals a muted or flat start for the session unless global mood picks up before the cash market opens.
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Unichem Laboratories Stock Surges on Unusual Volume; Company Says Action Is Market-Driven
Mumbai, June 12, 2026, 01:33 IST • Unichem Laboratories surged 5.76% to end at ₹462.60 on the NSE, riding a burst of heavy trades that sent the stock to a sharp intraday high. (Trendlyne.com)• In a filing signed by Pradeep Bhandari, Head – Legal & Company Secretary, Unichem told the NSE the jump in volumes was “purely market driven.”• The move follows Unichem’s fourth-quarter numbers, which showed consolidated net profit for Q4 FY26 crashed 79.40% year-on-year to ₹10.91 crore.
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Amazon Faces Satellite Hurdles That More Rockets Can’t Solve
WASHINGTON, June 8, 2026, 19:03 EDT The Federal Communications Commission’s move to extend Amazon Leo’s July satellite-deployment timeline is shining a light on a less-discussed challenge in the low-Earth-orbit sector: how operators will handle the surge of data once expanding fleets are actually up there. Instead of reducing Amazon’s authorization to satellites already in orbit, the FCC opted for a conditional waiver, according to GeekWire on Monday. (GeekWire) This is a crucial moment for Amazon as it pivots from just getting started to actually running its network.
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