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Stock Market LIVE: GIFT Nifty flat; Asia mixed; China holds lending rates

Stock Market LIVE: GIFT Nifty flat; Asia mixed; China holds lending rates

Business Standard17 hours ago

Sensex Today | Stock Market LIVE on Friday, June 20, 2025: At 6:50 AM, GIFT Nifty futures were trading 3 points lower at 24,800, indicating a flat start for the bourses.
7:11 AM
Stock Market LIVE Updates: Siemens Energy: The power play that doesn't overload on valuations
Stock Market LIVE Updates: Siemens Energy India listed on Thursday at ₹2,840 and closed at ₹2,735. The equity base of the demerged entity is 356 million shares. This arm of Siemens Group will provide integrated products, solutions, and services across the value chain of oil and gas, power generation, and transmission. It may be described as an energy transition and decarbonisation play.
It has 10 state-of-the-art facilities in India and exclusive business rights across South Asia from the group. The estimated transmission and distribution (T&D) capital expenditure (capex) in India alone is projected to be about ₹9.2 trillion until 2031-32 (FY32). Apart from parentage, Siemens Energy has technology leadership, a strong product portfolio, infrastructure, and leadership in several verticals. It could find opportunities across the entire value chain. READ MORE
7:10 AM
Stock Market LIVE Updates: Corporate bond funds: Assess portfolio quality, expense ratio before entry
Stock Market LIVE Updates: Corporate bond funds (CBFs) attracted ₹11,983 crore in net inflows in May, the highest among debt fund categories, according to data from the Association of Mutual Funds in India (Amfi). These funds invest in corporate bonds rated AAA and AA+, and hence carry low credit risk.
'The surge in investor interest in CBFs, leading to high inflows in May, is probably driven by relatively attractive yields compared to government securities, making high-rated bonds appealing. Ample system liquidity from the Reserve Bank of India (RBI) operations has also encouraged investment,' says Devang Shah, head – fixed income, Axis Mutual Fund. READ MORE
7:07 AM
Stock Market LIVE Updates: Trump to decide on US action in Israel-Iran conflict within two weeks
Stock Market LIVE Updates: President Donald Trump will decide within the next two weeks whether to strike Iran, the White House said Thursday, saying Trump still sees a 'substantial' chance that negotiations can achieve US and Israeli demands on Iran's nuclear programme.
Trump's announcement, relayed by press secretary Karoline Leavitt, puts an extended timeline on the president's warnings to Iran to immediately shut down its enrichment operations and any other potential for producing nuclear weapons.
'Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future. I will make my decision whether or not to go within the next two weeks,' Leavitt quoted Trump as saying. READ MORE
7:07 AM
Stock Market LIVE Updates: Kremlin warns US against Iran strike, cautions of major escalation
Stock Market LIVE Updates: Washington would be making a serious mistake by launching an attack on Iran, Kremlin spokesperson Dmitry Peskov said, warning that direct US involvement in the ongoing Israel-Iran conflict would further destabilise the region, as reported by RT.
Tensions have escalated since last week after Israel launched a large-scale bombing campaign against Iran, alleging that Tehran was on the verge of producing a nuclear bomb. Iran denied the allegations and responded with multiple drone and missile strikes. The exchange of hostilities between the two nations has continued, stoking fears of a wider regional war.
Commenting on the possible US strike, Peskov said, "Moscow believes it is a wrong move. This is a step that is bound to lead to further escalation, a major escalation, and would only complicate the situation in the region," RT reported.
7:06 AM
Stock Market LIVE Updates: RBI relief for project finance, only 1% provision in construction phase
Stock Market LIVE Updates: In a huge relief to lenders, including commercial banks, the Reserve Bank of India (RBI) has mandated general provision of only 1 per cent of funded outstanding during the construction phase for all projects except for commercial real estate (CRE), as compared to 5 per cent proposed in the draft norms released in May last year.
The final norms on project finance, released on Thursday, would come into effect from October 1, 2025, the RBI said.
For CRE, the general provision requirement would be 1.25 per cent in construction phase while it would be 1 per cent for CRE-Residential Housing (RH).
7:01 AM
Stock Market LIVE Updates: F&O: Here's a 'Bear Spread' for Nifty MidCap as it drops below 5, 20-DEMA
Stock Market LIVE Updates: BEAR SPREAD Strategy on MIDCAP NIFTY
Buy MIDCAP NIFTY (June 26 expiry) 12,700 PUT at ₹143 & simultaneously sell 12,600 PUT at ₹100
Lot Size:120
Cost of the strategy: ₹43 (₹ 5,160 per strategy)
Maximum profit: ₹6,840 if the MIDCAP NIFTY closes at or below 12,600 on June 26 expiry
Breakeven Point: ₹12,657 More Details Here
7:00 AM
Stock Market LIVE Updates: China expectedly keeps key lending rates steady after May cut
Stock Market LIVE Updates: China expectedly kept its benchmark lending rates unchanged Friday, following the sweeping monetary easing measures rolled out last month to boost growth.
The People's Bank of China held the 1-year loan prime rate at 3 per cent and 5-year LPR at 3.5 per cent, according to a statement Friday, in line with Reuters poll estimates.
Last month, Chinese authorities cut the lending rates for the first time since October by 10 basis points (bps), in their bid to cushion the impact from trade tensions with Washington.

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