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Israeli strikes in Gaza have killed at least 34 people, including displaced individuals sheltering at the Palestine Stadium, as ceasefire prospects inch closer. The strikes, which occurred late Friday and into Saturday, exacerbate the dire humanitarian crisis faced by Palestinians.
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News and Media
Over the five trading sessions ending on June 27, the Sensex gained 2%, or 1,651 points, closing at 84,059. The index recorded gains on four out of the five days, including a 1,000-point surge on Thursday. During the week, 11 BSE midcap stocks registered consistent gains across all five sessions. (Data Source: ACE Equity)
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News and Media
Silver prices have surged, exceeding 1,00,000/kg in India, driven by geopolitical tensions, supply constraints, and rising industrial demand, particularly from China. Currency fluctuations and monetary policy uncertainty further contribute to the volatility. While long-term prospects are positive due to silver's industrial applications, short-term corrections are expected amid economic data and central bank signals, requiring cautious investment strategies.
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News and Media
A substantial $1.86 billion in pre-IPO shareholder lock-ins is expiring in July 2025, potentially altering the ownership structure of several recently listed firms. Nuvama Institutional Equities reports that these expiries encompass both promoter and non-promoter holdings across multiple companies. While the shares become tradable, not all are expected to be sold, as many may remain with long-term investors.
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News and Media
A mortar shell struck a house in Kachhi Kamar village, Kurram district, Khyber Pakhtunkhwa province, near the Afghan border, injuring fourteen people, including five children aged 5-11. The explosion partially damaged the house, prompting villagers to rescue the injured and transport them to a hospital. Local authorities have initiated an investigation to determine the source of the mortar fire.
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News and Media
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