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BSE drops with NSE IPO filing approach, lags India shares

Mumbai, June 17, 2026, 18:46 IST BSE Ltd dropped almost 4% Wednesday, ending a three-session run higher. Traders sold the exchange’s stock ahead of a likely IPO filing from bigger competitor National Stock Exchange. The stock closed down 3.93% at ₹3,999.20 on the NSE. Around 69.8 lakh shares traded. It started the session at ₹4,180, hit a high of ₹4,219.90, then dropped to ₹3,961 at the lowest point. (The Economic Times) An NSE listing would give public investors another direct shot at India’s market infrastructure.

Brokerages Eye SBI, Top Banks and Select Large Caps After Rally

Mumbai, June 17, 2026, 17:41 IST Brokerages turned their attention to State Bank of India again Wednesday. Motilal Oswal put SBI on a list with Tata Steel, Cummins India, Groww, and Mankind Pharma. Axis Securities stuck with its buy on SBI and kept the ₹1,280 target. The calls show bets across banks, steel, pharma, capital goods, and online brokers after the market’s recent strength. (Punjabi Jagran) Indian stocks extended gains for the longest stretch in two months. Shares rose as crude eased after a U.S.-Iran agreement.

Gold Prices Hold High in India, Fed and U.S.-Iran Deal Keep Bullion Unsettled

New Delhi, June 17, 2026, 16:38 IST Gold prices in India held steady at high levels on Wednesday. Bullion’s two-day rebound pushed retail rates to some of the highest in recent sessions, and traders were looking to the Federal Reserve for what comes next. Oil is down and some inflation fears have faded after the U.S.-Iran peace deal, but precious metals have stayed volatile. Timing is still in play. Gold tends to move up when markets see rates dropping since gold doesn’t pay interest—bonds and deposits do. (Reuters) Spot gold was steady at $4,323.50 an ounce at 0852 GMT. Prices

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