Sensex Climbs 382 on June 2 as Nifty IT Surges 4.23% Into MPC
The Sensex closed at 74,649 on June 2 as a 4.23% Nifty IT surge - driven by Snowflake AI earnings and rupee weakness - offset selling in banks, pharma, and power stocks ahead of MPC.
The Sensex closed at 74,649 on June 2 as a 4.23% Nifty IT surge - driven by Snowflake AI earnings and rupee weakness - offset selling in banks, pharma, and power stocks ahead of MPC.
Gross GST hit Rs 1.94 lakh crore in May 2026 (+3.2% YoY), but the real story is a 20.2% surge in IGST on imports - led by 387% growth in processing units - while domestic collections fell 2.6%.
India's 18th railway zone, SCoR, became operational on June 1, 2026 - seven years after Parliament promised it. Here is what the launch actually means for AP infrastructure and Indian Railways.
India's Services PMI flash print held at 58.8 in May, with employment hitting a survey record. The final read drops June 4 - one day before the RBI MPC verdict.
From June 1, the 19 kg commercial LPG cylinder costs Rs 3,113.50 in Delhi — the second hike in as many months. Here is what it means for restaurant margins, MSME costs, and food inflation.
Israeli troops seized the 900-year-old Beaufort Castle on May 31, 2026 — and Brent crude climbed 2.43% to $93.33. Here is what that means for India's import bill, OMCs, rupee, and the June rate decision.
The Sensex shed 0.8% in the week ending May 30, closing at 74,775. Here is the breakdown of movers, FII flows, the RBI MPC decision due June 5, and the June IPO pipeline.
India's HSBC Manufacturing PMI rose to a three-month high of 55.0 in May 2026, beating the 54.3 flash, but purchasing-price inflation hit a near four-year high — a margin squeeze with direct MPC implications.
Orange Cap, Purple Cap, highest chases ever, a 15-year-old with 776 runs - everything that defined IPL 2026 ahead of tomorrow's final at Narendra Modi Stadium.
The June 3-5 MPC meeting faces converging pressure: WPI at a 42-month high of 8.3%, CPI at 3.48%, crude near $106/barrel, and a below-normal monsoon forecast. Most analysts expect a hold.
Sri Ganganagar hit 48.2C, Banda matched it. Here is the atmospheric science - anticyclonic ridges, absent Western Disturbances, soil feedback - behind North India's May 2026 heatwave.
A two-day advance ends as Coal India's OFS discount, ONGC's weak Q4 production, and fresh US strikes on Iran converge on the same session — and the market sorts winners from losers.