Today: 9 June 2026
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NSE:CSBBANK 5 January 2026

Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

India’s Nifty 50 index hit a record high before closing down 0.30% at 26,250.3 on Monday; Sensex fell 0.38% to 85,439.62. IT stocks led declines after broker warnings and ahead of results, while U.S. tariff threats and geopolitical tensions weighed on sentiment. HDFC Bank slipped on slower deposit growth. Some stocks including Bharat Electronics and Nestle India bucked the trend.
India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

CSB Bank shares jumped 7.8% to a record high after reporting 21% deposit growth and a 29% rise in gross advances for the December quarter. Financial stocks rallied, with the BSE Financial Services index and major lenders like State Bank of India and Bank of Baroda hitting new highs. Ujjivan Small Finance Bank also posted strong deposit and loan growth, while its gross NPA ratio improved. Indian benchmark indexes were little changed overall.
India Stock Market Today: Nifty Hit a Record — Then IT Stocks Pulled the Plug

India Stock Market Today: Nifty Hit a Record — Then IT Stocks Pulled the Plug

Nifty 50 hit a record 26,358.25 before slipping to 26,321 in mid-session, while Sensex hovered near 85,665. Nifty IT dropped 2.5% after a CLSA downgrade, with HCLTech down 3.3% and Tech Mahindra off 2%. The rupee traded near 90.2425 per dollar amid strong dollar demand at the RBI fix. U.S. tariff threats and weak IT weighed on risk appetite.

Stock Market Today

  • MSCI Confirms Early Index Inclusion Rules Ahead of SpaceX IPO
    June 8, 2026, 7:23 PM EDT. Index provider MSCI confirmed it will apply existing rules for early inclusion of large initial public offerings (IPOs) in its Global Standard Indexes. This move likely clears the path for SpaceX's inclusion, potentially boosting demand from passively managed investment funds that track these indexes. Early index inclusion can increase liquidity and visibility for new listings, influencing investor interest and pricing dynamics.

Latest articles

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
Peso Rebounds, But Mexico’s Next Inflation Print Looms

Peso Rebounds, But Mexico’s Next Inflation Print Looms

9 June 2026
Mexico’s peso edged up 0.09% to 17.4644 per dollar after Iran and Israel paused attacks, but traders turned cautious ahead of Tuesday’s Mexico inflation data, which could shape Banxico rate expectations and impact the peso’s yield advantage that has supported the currency.
T1 Energy Shares Dip After KORE Power Files New Update

T1 Energy Shares Dip After KORE Power Files New Update

9 June 2026
T1 Energy shares slid 3.2% to $9.13 after a new SEC filing revealed up to $24.7 million in stock-linked payments for its $32 million KORE Power acquisition, spotlighting dilution risks as the company expands into battery storage and data-center power; the deal’s structure and timing come as T1 seeks growth funding and investors weigh near-term costs against future EBITDA targets.
OpenAI IPO filing puts AI rally at center stage for Wall Street

OpenAI IPO filing puts AI rally at center stage for Wall Street

9 June 2026
OpenAI has confidentially filed for a possible IPO, but investors won’t see key financials—including revenue quality, cash burn, and compute costs—until the S-1 goes public; with $2 billion monthly revenue and a recent $852 billion valuation, the filing signals a pivotal shift as AI giants race for public capital amid rising infrastructure costs and growing competition from Anthropic.
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