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Suzlon Energy edges up on S175 turbine launch and repowering push

Mumbai, June 16, 2026, 22:41 (IST) Suzlon Energy stock climbed Tuesday, getting a lift from moves in the wind energy space. The rally followed Suzlon’s unveiling of its S175 5 MW turbine and news that the government is reviewing older turbines for replacement with bigger models. Suzlon hit ₹59.25 on the BSE during the session, a level it hadn’t reached since November 7, 2025. Shares ended at ₹57.92, up 4.23%. Data sourced from The Economic Times and Business Standard. (The Economic Times) Repowering is getting notice as a way to boost new wind demand without having to find new sites.

Tesla Slides Even as Goldman Sees Brighter Q2 Deliveries

New York, June 16, 2026, 12:05 (EDT) Goldman Sachs is taking a more bullish stance on Tesla’s car deliveries in the near term, but the stock isn’t moving much. Analyst Mark Delaney at Goldman lifted his second-quarter 2026 delivery estimate for Tesla to 420,000 units, up from his previous 405,000 and ahead of the Visible Alpha consensus at 400,000. “We believe that Tesla’s 2Q26 vehicle deliveries are likely tracking ahead of consensus,” Delaney wrote, citing data from China, the U.S., and Europe. (Investing.com India) Tesla stock often trades on delivery numbers.

HDFC Bank moves up in Mumbai with Indian banking pack, eyes on margin stress

Mumbai, June 16, 2026, 20:36 IST HDFC Bank Limited closed 0.98% up at ₹784.90 on Tuesday as India’s main indexes gained. The stock had ended at ₹777.35 on Monday, according to the The Economic Times live stock page. Shares remain well below the 52-week high of ₹1,020.50. The 52-week low stands at ₹726.65. (The Economic Times) Stocks in India pushed higher after the early U.S.-Iran peace deal cut oil prices and helped risk appetite. The Nifty 50 added 0.57% to finish at 23,989.15, and BSE Sensex climbed 0.71% to 76,808.48, Reuters said. HDFC Bank and Reliance Industries drove most of

MTAR Technologies Up 4.8% After Bloom Risk Drops, Valuation Remains Rich

Mumbai, June 16, 2026, 16:20 (IST) MTAR Technologies Ltd extended gains Tuesday, ending at ₹7,698.50 on the NSE, up ₹354.50 or 4.83%. On the BSE, the stock closed at ₹7,688.55, up 4.51%. Mirae Asset Sharekhan said the shares moved between ₹7,285.50 and ₹7,779 on the NSE, with volumes of about 3.19 million and a market cap nearing ₹23,680 crore. Indian equities moved up as well. The Nifty 50 added 0.57% at 23,989.15, while the Sensex gained 0.71% to end at 76,808.48. Reuters said sentiment improved on lower West Asia risk and softer oil prices. (Sharekhan) Bloom Energy risks weighed on

Tata Motors Focuses on EVs and SUVs, JLR Still a Concern for FY26

Mumbai, June 16, 2026, 18:45 (IST) Tata Motors Passenger Vehicles is aiming for faster growth in FY27, coming off record India sales in FY26 and with Jaguar Land Rover problems still in play. The automaker pushed out 6.42 lakh cars and SUVs in FY26, up 15.3% from a year earlier, beating the market by a wide margin, but JLR kept having trouble. “We enter FY27 with confidence, supported by a robust pipeline of new launches and multi-powertrain offerings,” Chairman N Chandrasekaran said, according to Reuters.

Reliance Industries trades higher after Morgan Stanley note before AGM

Mumbai, June 16, 2026, 17:40 (IST) Reliance Industries Ltd. shares rose Tuesday for a second session, stretching a rebound from last week’s 52-week low as investors look to the company’s annual general meeting this week. Reliance finished at ₹1,328.80 on the NSE, up 1.67%. The stock opened at ₹1,313.40 and moved between ₹1,306.40 and ₹1,333.40, data from Kotak Neo showed. Still, Reliance trades far from its 52-week high of ₹1,611.80. Traders are treating the move as a rebound, not a major turnaround.

Yes Bank Gains as Northern Arc Deal Lifts Volumes

Mumbai, June 16, 2026, 16:36 (IST). YES Bank shares started higher Tuesday after it tied up with Northern Arc Capital, according to The Economic Times. The stock reached ₹24.38 early on the BSE but gave back some of those gains. Sharekhan data showed YES Bank at ₹23.89 on BSE, up 0.50%, and ₹23.87 on NSE, up 0.38%. Trading was heavy, with over 20 crore shares on NSE. (The Economic Times) YES Bank shares moved up after news it will partner with Northern Arc to expand credit, push digital lending, and add debt products. Northern Arc is bringing in its network

EPFO 3.0 update: UPI, ATM withdrawals yet to start; medical advance rules up for review

New Delhi, June 16, 2026, 15:33 (IST). EPFO 3.0 has yet to go live, and there’s no UPI or ATM withdrawal for members at this point, Mint reported. PF account holders looking for speedier withdrawals will need to wait. The snag hits the Employees’ Provident Fund, which holds savings from workers and employers. Faster withdrawals could help in emergencies, but would eat into retirement savings. (mint) India may soon let EPF members move their PF funds directly into Aadhaar-linked bank accounts, with UPI or ATM withdrawals an option, Live Hindustan and Mint reported.

Gold Drops in Chennai After ₹1,680 Jump, Silver Eases From ₹2.80 Lakh

Chennai, June 16, 2026, 14:33 IST Gold slipped in Chennai on Tuesday, with 22-carat prices off ₹80 at ₹1,12,480 per sovereign after Monday’s ₹1,680 surge to ₹1,12,560, Dinamani reported. One sovereign is eight grams, a common jewellery measure in Tamil Nadu. Gram rates now at ₹14,060. (Dinamani) Silver prices eased in Chennai. DT Next reported silver fell ₹5 to ₹275 a gram, or ₹2,75,000 per kg, on June 16. The metal traded at ₹280 a gram, or ₹2,80,000 per kg, the previous day. That ₹5 drop per gram translates into ₹5,000 off per kg—a hit for shoppers buying bars, utensils,

RBI Crackdown: Banks Can’t Force Insurance, Hidden Add-Ons Under New Mis-Selling Rules

New Delhi, June 16, 2026, 14:03 (IST). The Reserve Bank of India has tightened how banks and other regulated lenders sell financial products, moving to curb a problem familiar to many borrowers: being pushed into insurance, credit cards, investment products or add-on services they did not clearly ask for. The RBI said its final amendment directions on advertising, marketing and sale of financial products will take effect from January 1, 2027, after stakeholder feedback on draft rules issued in February.

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