Sensex Today Ends 151 Points Lower | Nifty Below 23,200 | MTAR Technologies Down 12%

Closing

Although the benchmark indices opened lower, they traded negative throughout the session and ultimately closed red.

Indian equity benchmarks indices, Sensex and Nifty50 ended the volatile session lower as the risk sentiment took a hit due to the deepening conflict in West Asia.

At the closing bell, the BSE Sensex  closed points 151 lower (down 0.2%)

Meanwhile, the NSE Nifty closed 53 points lower (down 0.2%)

You can also visit our live blog section for real-time updates and deeper insights into the market.

M&M, ICICI Bank, Kotak Mahindra were the top gainers today.

Infosys, HCL Tech, Bajaj Finance on the other hand, were among the top losers today.

The GIFT Nifty was trading at 23,219 with 79 points higher at the time of writing.

The BSE 150 Midcap index is trading 0.8% lower and the BSE 250 SmallCap index is trading 0.7% lower.

Baring banking sector and healthcare sector all other sectoral indices were trading negative today with IT sector and power sector witnessed selling pressure.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at Rs 95.7 against the US$.

Gold prices for the latest contract on MCX are trading 0.3% lower at Rs 1,47,501 per 10 grams.

Meanwhile, silver prices were trading 0.4% lower at 2,34,490 per 1 kg.

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Speaking of stock markets, Tanushree Banerjee, Research Analyst at Equitymaster, highlights that tollbooth monopoly stocks are facing rising regulatory risks that could weaken their strong moats.

She notes that changes like market coupling are challenging platforms such as IEX. The main risk is not earnings, but valuation de-rating due to reduced pricing power.

Watch the video below to know more.

DOMS Jumps 6% on Reynolds Acquisition Deal

Shares of DOMS came into focus after the company entered into an asset purchase agreement with Reynolds Pens India and five other entities - all subsidiaries of Newell Brands Inc - for the acquisition of assets, contracts, employees, intellectual property, and associated liabilities relating to the manufacture and sale of pens, markers, highlighters, and school supplies under the Reynolds brand.

DOMS Industries will acquire key Reynolds brand assets for $3.7 million, with the deal set to close on July 1, 2026. The acquisition includes manufacturing equipment, trademarks, patents, copyrights, contracts, domain names, and social media accounts linked to the Reynolds business.

As part of the transaction, Reynolds Pens India will continue supplying pen tips to DOMS under a separate agreement. After the acquisition, DOMS will allow Reynolds Pens India to keep using the Reynolds brand name for certain corporate purposes without paying royalties.

The acquisition is expected to help DOMS expand its product range and strengthen its position in the writing instruments and school supplies market, complementing its existing stationery business.

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Vascon Surges After Guwahati Project Win

Shares of Vascon Engineers came into focus after the company bagged an order from the Central Public Works Department, Guwahati.

Vascon Engineers has received a Letter of Intent (LoI) from the Central Public Works Department (CPWD), Guwahati, for the demolition and redevelopment of RBI residential quarters at Zoo-Narengi Road Colony in Guwahati, Assam.

The project, awarded on an EPC (Engineering, Procurement and Construction) basis, is valued at Rs 3.47 bn, including GST. Vascon is expected to complete the work within 36 months from the date of receiving the order.

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Deccan Gold Expands with Spain Acquisition

Deccan Gold Mines has signed an agreement to acquire an initial 51% stake in Spain-based Logrosan Minera S.L. (LMSL) by investing €1.76 million (approx. Rs 0.25 billion). The acquisition will be completed in phases and is expected to be finalized by March 2027.

After acquiring the 51% stake, Deccan Gold will have the option to increase its holding to 75% by investing an additional €1 million, subject to certain milestones and an independent valuation.

LMSL owns two mineral exploration projects in Spain - the 37 sq. km Logrosan Project and the 40 sq. km Maria Project. The funds invested by Deccan Gold will be used to explore and develop these assets.

Under the shareholders' agreement, future project funding will be shared according to each investor's stake.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

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Sensex Today Trades Lower | Nifty Below 23,150 | Infosys & HCL Tech Top Losers

10:30 am

Asian markets traded lower on Thursday after the latest attacks by the US on Iran sent crude oil prices higher, denting investor sentiment.

US stock market ended sharply lower on Wednesday, as renewed tensions between the US and Iran added to investor uncertainty, while chipmaker shares extended recent declines.

Here's a table showing how US stocks performed on Wednesday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	353.32	-8.97	-2.48%	366.31	352.81	404.44	163.33
Apple	291.58	1.03	0.35%	300.75	287.38	317.4	195.07
Meta	570.98	-13.61	-2.33%	591.32	570.6	796.25	520.26
Tesla	381.59	-15.09	-3.80%	397.09	380.15	498.82	288.77
Netflix	82	0.59	0.72%	82.75	80.98	134.12	75.01
Amazon	238	-6.19	-2.53%	250.43	237	278.56	196
Microsoft	397.36	-6.05	-1.50%	405.04	397.16	555.45	356.28
Dow Jones	49918.78	-953.33	-1.87%	50769.26	49909.07	51660.4	41981.14
Nasdaq	28508.03	-576.47	-1.98%	29212.38	28462.92	30762.2	21532.32

Source: Equitymaster

At present, the BSE Sensex is trading 386 points lower and NSE Nifty is trading 108 points lower.

You can also visit our live blog section for real-time updates and deeper insights into the market.

Sun Pharma, ICICI Bank, Bharti Airtel among the top gainers today.

HCL Tech, Infosys, Eternal on the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE 150 Midcap index is trading 0.6% lower and the BSE 250 SmallCap index is trading 0.7% lower.

Baring hospital sector all other sectoral indices are trading negative today with stocks in auto sector and IT sector witnessing selling pressure.

The rupee is trading at Rs 95.5 against the US dollar.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

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Speaking of stock markets, Tanushree Banerjee, Research Analyst at Equitymaster, highlights that tollbooth monopoly stocks are facing rising regulatory risks that could weaken their strong moats.

She notes that changes like market coupling are challenging platforms such as IEX. The main risk is not earnings, but valuation de-rating due to reduced pricing power.

Watch the video below to know more.

Lenskart Acquires Full Ownership of Quantduo

Lenskart Solutions has acquired the remaining stake in Quantduo Technologies (GeoIQ), taking its ownership from 92.35% to 100%.

The company recently bought an additional 3% stake, after acquiring another 4.65% stake in March 2026. Together, Lenskart paid Rs 3.67 crore for the remaining 7.65% shareholding.

With this acquisition, GeoIQ has become a wholly-owned subsidiary of Lenskart.

GeoIQ provides advanced analytics solutions and reported a turnover of Rs 10.02 crore in FY26.

Lenskart is a technology-driven eyewear company that designs, manufactures, and sells eyeglasses, sunglasses, contact lenses, and related products.

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Zee Entertainment Eyes Major Expansion Funding

Zee Entertainment has announced plans to raise Rs 23 billion to support its growth and future business initiatives. The company has not yet decided on the method of fundraising, and its board will discuss the available options.

The move comes shortly after Zee secured the broadcasting rights for the 2026 FIFA World Cup in India. The agreement with FIFA covers 39 tournaments over the next eight years, including the 2030 FIFA World Cup, further strengthening Zee's presence in sports broadcasting.

In recent years, Zee has been expanding beyond its traditional television business. The company has launched dedicated sports channels and invested in new ventures such as the micro-drama app Bullet and visual effects studio PhantomFX. The proposed fundraise is expected to support these expansion plans and help Zee grow its presence across entertainment, sports, and digital media.

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PPAP Partners with Hutchinson for Technology

PPAP Automotive has entered a partnership with HUTCHINSON to manufacture, market, and sell advanced automotive body sealing systems in India.

Under the agreement, effective from 1 April 2026, PPAP has received an exclusive license to use HUTCHINSON's technology, designs, and technical know-how for these products in the Indian market. HUTCHINSON will support PPAP with engineering expertise, product design assistance, process development, and other technical services to help develop and commercialize these solutions.

In return, PPAP will pay fees for technology transfer and technical support, along with royalties for using HUTCHINSON's intellectual property, designs, and know-how, as per the terms of the agreement.

The partnership is expected to strengthen PPAP's product offerings by giving it access to global technology and expertise in automotive sealing solutions.

You can check Indian stock market live updates daily here.

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Wipro Buyback Starts Today | Concord Biotech Gets USFDA Nod | Top Buzzing Stocks Today

Pre-Open

Indian market dragged down as the session progressed and ended the mixed.

The Nifty50 and the Sensex pared a significant amount of gains from the day's high as metal, PSU Bank, and realty stocks weighed.

At the closing bell on Wednesday, the BSE Sensex  closed higher by 64 points (up 0.1%).

Meanwhile, the NSE Nifty closed 27 points lower (down 0.1%).

Stay updated with real-time market insights, click here to access our Live Blog page.

HUL, Axis Bank and ICIC Bank among the top gainers today.

ONGC, Coal India and Infosys on the other hand, were among the top losers today.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

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The BSE 150 Midcap index ended 1.3% lower and the BSE 250 Smallcap index ended 1.1% lower.

Sectoral indices were trading mixed on wednesday with stocks in power sector and FMCG sector witnessing buying speer. Meanwhile stocks in energy and telecom sector witnessed selling pressure.

Speaking of stock markets, Tanushree Banerjee, Research Analyst at Equitymaster, highlights that the investment thesis for stock exchanges was long considered ironclad due to the powerful network effect.

The liquidity available at exchanges attracted even more participants, creating a strong entry barrier that competitors found difficult to break.

However, as the regulatory landscape evolves in 2026, the traditional moats of stock exchanges are now being put to the test.

Watch the video below to know more.

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Top buzzing stocks today

Wipro share price will be in focus today.

AI-powered technology services company Wipro will commence its Rs 150 billion (bn) share buyback programme on Thursday, 11 June 2026, allowing eligible shareholders to tender their shares at a premium.

The buyback window will remain open until 17 June 2026.

According to the company's regulatory filing, Wipro plans to repurchase up to 600 m fully paid-up equity shares with a face value of Rs 2 each, representing up to 5.72% of its total paid-up equity share capital.

Hindustan Zinc shares will also be a top buzzing stock.

Shares of Vedanta Group-backed Hindustan Zinc witnessed sharp selling pressure on Wednesday, falling nearly 4 per cent to an intraday low of Rs 541.25, amid a decline in silver prices due to escalating geopolitical tensions in West Asia.

Market sentiment turned cautious after the US launched airstrikes on Iran, which responded with attacks on Bahrain and Kuwait, while also claiming to have targeted a US military base in Jordan, according to media reports.

CMR Green Tech Shares Hit Lower Circuit After Strong Market Debut

Moving on to the IPO space, shares of CMR Green Technologies hit the 10 per cent lower circuit on Wednesday after making a strong stock market debut earlier in the day.

The stock was trading at Rs 241.20 per share on the NSE, down 10 per cent from its listing price and locked at the lower circuit. Despite the decline, the stock remained up 25.63 per cent compared to its IPO issue price of Rs 192 per share.

CMR Green Technologies made a robust market debut, listing at a premium of over 43 per cent on the BSE at Rs 275.40 per share. On the NSE, the stock opened at Rs 268, marking a 39.58 per cent premium over the issue price.

The company's Rs 631 crore initial public offering (IPO) received an overwhelming response, with the issue being subscribed 127 times on the final day of bidding, supported by strong demand from qualified institutional buyers and non-institutional investors.

ABB India Share Dispute Verdic

The Bombay High Court has set aside an arbitral award in a nearly three-decade-old ABB India share dispute, raising significant concerns over SEBI's Online Dispute Resolution (ODR) framework.

Justice Somasekhar Sundaresan quashed the August 2024 arbitral award that had directed ABB India to restore shares to shareholder Sunil Hariram Jaisingh or compensate him based on prevailing market prices. The court held that the tribunal's decision was "perverse" and "patently illegal," stating that the dispute resolution process failed to follow the principles of natural justice.

The court observed that the tribunal placed excessive emphasis on completing the proceedings within a 60-day deadline without adequately explaining its computation, leading to a flawed adjudication process.

The ruling marks one of the first major judicial examinations of SEBI's ODR mechanism since its implementation and raises broader questions regarding the framework's ability to effectively handle complex securities disputes.

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Concord Biotech Gets USFDA Nod

Concord Biotech announced that it has received approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Tofacitinib tablets in strengths of 5 mg and 10 mg.

The drug is indicated for the treatment of adult patients suffering from active rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, and ulcerative colitis.

The approval is expected to strengthen the company's product portfolio and support its expansion in the US and other international markets. According to market estimates cited by the company, the US market opportunity for Tofacitinib tablets across both strengths is valued at approximately $500 million.

The company stated that the approval will help it capitalize on attractive market opportunities, broaden its product offerings, and support its long-term growth strategy in global markets.

To know what's moving the Indian stock markets today, check out the most recent share market updates here