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Paras Defence soars 28% in three days, hits 52-week high
Mumbai, June 19, 2026, 14:37 IST Key points Paras Defence & Space Technologies Ltd shares jumped 7.5% to ₹1,408.75 in Friday’s afternoon session, hitting a new 52-week high. The stock is up around 28% in three days, logging an intraday gain of up to 10% on the BSE. (Trendlyne.com) India’s rally picked up speed after the country posted record defence production at ₹1.78 lakh crore, or ₹1.78 trillion, for the financial year ended March 2026. That’s up 15.6% from last year and more than double what it was in fiscal 2021. (Press Information Bureau) Private-sector figures are a bigger deal
Infosys sinks almost 8%, hits 52-week low as Accenture warning rattles sector
Bengaluru, June 19, 2026, 13:52 (IST) Infosys Ltd shares tumbled up to 9% on Friday to ₹1,030, marking a new one-year low, after Accenture cut its outlook and revived doubts about a rebound in corporate tech spending. Nearly ₹40,000 crore was wiped off Infosys’ market cap at the lowest point of the session. (The Economic Times) It’s not just about one stock. India’s $315 billion IT-services industry relies on major overseas clients to keep spending on things like consulting and software upgrades.
GIFT Nifty Points to Lower Start, Sensex and Nifty Rally Continues
Mumbai, June 19, 2026, 04:33 (IST) Stocks in India looked set to start lower on Friday, as the GIFT Nifty dropped 222.5 points to 23,970 in overnight trade. The main cash market is yet to open, with NSE’s normal session scheduled for 9:15 a.m. IST. (Kotak Neo) Benchmarks extended their streak to five sessions, with the Nifty 50 up 0.34% at 24,168 and the BSE Sensex rising 0.33% to 77,409.98 on Thursday. Over the last five sessions, they’ve climbed 4.3% and 4.8%. Most sectors advanced—13 out of 16—but IT dropped 1.2%. “The drop in crude has been the single biggest
BSE Holds at ₹4,014.50 With NSE IPO in Focus
Mumbai, June 19, 2026, 03:37 (IST) BSE Ltd stock picked up 0.38% to finish at ₹4,014.50 on Thursday, after dropping 3.92% the day before. Investors are looking at what a listing of National Stock Exchange could mean for BSE. (Dhan) NSE’s filing sets up a real market test with BSE, putting the country’s two largest exchanges on track for direct comparison. BSE has traded publicly since 2017. NSE leads local trading and operates a top global derivatives market.
Infosys ADR Drops 9.7% After Accenture Lowers Forecast
Bengaluru, June 19, 2026, 02:32 (IST) Infosys’ ADR fell sharply in late trading in New York on Thursday, dropping around 9.7% to $10.57. The drop hit after Indian markets had closed, so traders will look to Friday’s session for the local reaction to the global pressure on tech-services stocks. (Infosys) Accenture was the mover. The consulting giant pared back its local-currency revenue-growth outlook for fiscal 2026 to 3%-4%, down from 3%-5%. Its fourth-quarter revenue guidance came in at $17.75 billion to $18.4 billion, short of the $18.47 billion analysts expected.
Reliance Shares Trade Lower Before AGM With Jio IPO Timing in Focus
Mumbai, June 19, 2026, 01:35 IST Reliance Industries shares missed out as Indian stocks rallied for a fifth session Thursday. Nifty 50 added 0.34% to 24,168 and the Sensex was up 0.33% at 77,409.98. Brent crude dropped 2.1% to $77.80 per barrel. Kranti Bathini, director of equity strategy at Wealthmills Securities, said cheaper crude is the “single biggest relief factor” for Indian markets. Investors are now eyeing Friday’s shareholder meeting as the next key event for Reliance. (Reuters) Reliance’s rebound was partial.
Paras Defence extends run, gains add up to 20% over two days as India defence output hits record
Mumbai, June 19, 2026, 00:39 (IST) Paras Defence & Space Technologies finished up 1.92% at ₹1,310.30 on Thursday after an early jump to ₹1,348.40. Volume hit about 17.3 million shares, more than seven times what was traded on Tuesday. (Investing.com) Defence stocks rallied after the government’s production data landed Wednesday. Hindustan Aeronautics, Bharat Electronics and Paras all moved higher. (Moneycontrol) Nifty India Defence index added about 5% in two days. HAL and BEL jumped 4% to 6%.
IFCI drops 8.6% after NSE IPO filing prompts profit-booking
Mumbai, June 18, 2026, 23:36 (IST) IFCI Ltd shares ended down 8.62% at 82.31 rupees Thursday after climbing to a fresh all-time high of 94 rupees earlier in the session. The state-run financial stock swung to a session low of 80.61 rupees. Volume stood at 312.4 million shares. (Investing.com) IFCI shares turned lower after the National Stock Exchange submitted draft IPO papers with the Securities and Exchange Board of India late Wednesday. Shares in IFCI had already surged almost 30% across three sessions ahead of the filing as traders bet on the move. The rally left the stock open to
MTAR Technologies hits all-time high at ₹8,575, closes unchanged after 32% rally
Mumbai, June 18, 2026, 22:39 IST MTAR Technologies Ltd hit a new high during Thursday’s session but finished lower by ₹13.50, or 0.16%, at ₹8,305.50 on the National Stock Exchange. The stock saw a range between ₹8,201 and ₹8,575 and about 3.38 million shares traded. (Yahoo Finance) MTAR ended the session flat after jumping 8.06% on Wednesday. Shares are now up 31.7% from their June 11 close at ₹6,306, recovering losses from a two-day drop that came after worries over a U.S. data-centre project.
Intel Shares Reach Record as Trump Says Apple Signs U.S. Chip Agreement
NEW YORK, June 18, 2026, 12:06 (EDT) Intel shares jumped to an all-time high Thursday after President Donald Trump said Apple plans to team up with the chipmaker to design and make chips in the U.S. Trump didn’t say which chips. Both Apple and Intel didn’t respond to requests for comment. (Reuters) Intel picking up an Apple order would give its foundry business a big-name win. Foundries manufacture chips for other firms. Intel wants its foundry to be seen as a third major supplier in advanced manufacturing — up there with Taiwan Semiconductor Manufacturing Co and Samsung — not just



















