Today: 8 June 2026
Browse Category

NSE:ICICIBANK.NS 17 January 2026 - 2 April 2026

Sensex, Nifty Reverse After Rs 10 Lakh Crore Wipeout as Rupee Jumps, Iran Oil Fears Linger

Sensex, Nifty Reverse After Rs 10 Lakh Crore Wipeout as Rupee Jumps, Iran Oil Fears Linger

Indian shares rebounded from steep early losses Thursday, with the Sensex closing up 0.25% and the Nifty 50 rising 0.15% after the Reserve Bank of India’s intervention triggered the rupee’s biggest one-day gain since 2013. The rupee jumped 1.8% to close at 93.10 per dollar. Banks led early declines, and India’s March manufacturing PMI fell to 53.9 from 56.9. Brent crude hovered near $109 a barrel.
BSE Ltd share price slips after Friday close; traders eye NSE IPO path and Budget Sunday trade

BSE Ltd share price slips after Friday close; traders eye NSE IPO path and Budget Sunday trade

BSE Ltd closed Friday down 0.99% at 2,808.70 rupees, with 4.75 million shares traded. SEBI gave in-principle approval for NSE’s settlement in the unfair access case, clearing a hurdle for its IPO. The Sensex rose 0.23% and the Nifty 50 gained 0.11%. BSE and NSE will hold a special live session for the Union Budget on Feb. 1.

Stock Market Today

  • BHP Group Shares Up 66.9% Over Year but Valuation Signals Overvaluation
    June 8, 2026, 4:54 PM EDT. BHP Group's (ASX:BHP) stock has surged 66.9% in the past year, closing recently at A$61.24. Despite strong gains, a Discounted Cash Flow (DCF) analysis projects an intrinsic value of about A$40.93, suggesting the stock trades at nearly a 50% premium and is potentially overvalued. The DCF approach, which estimates future free cash flow adjusted for time and risk, forecasts BHP's 2030 free cash flow at A$11.36 billion. Meanwhile, the stock has pulled back 1.7% last week but remains up 33.8% year-to-date amid ongoing scrutiny of its commodity exposure and capital return strategies. Current valuation metrics assign BHP a low value score of 1 out of 6, cautioning investors to weigh elevated prices against underlying fundamentals before investing.

Latest articles

IonQ Jumps as Quantum IPO Rush Sets Wall Street Benchmark

IonQ Jumps as Quantum IPO Rush Sets Wall Street Benchmark

8 June 2026
IonQ surged 10.5% to $62.77, outpacing quantum peers after Quantinuum’s $1.68 billion Nasdaq IPO gave investors a new benchmark for trapped-ion quantum stocks; IonQ’s rally follows its May guidance raise and soaring revenue, but losses and a long commercialization timeline remain key risks.
Snap Shares Climb as Debt Markets Send Signal

Snap Drops Again as Wall Street Stays Wary

8 June 2026
Snap plunged 2.1% to $5.64, underperforming a tech rebound, as investors weighed improved cash flow and a recent S&P credit upgrade against ongoing ad-market pressure, cost cuts, and spending on Specs; the stock’s weakness stood out as peers like Pinterest gained, highlighting market doubts about Snap’s ability to sustain growth amid tough competition and uncertain ad budgets.
Dow Drops After Hours, AI Rally Sidesteps Blue Chips

Dow Drops After Hours, AI Rally Sidesteps Blue Chips

8 June 2026
The Dow Jones fell 104.70 points, or 0.21%, to 50,762.08 as tech and chip stocks rebounded sharply, with the Philadelphia SE Semiconductor Index up 6.2% after Friday’s $1 trillion selloff; Apple dropped 1.4% despite its AI event, and investors now await Wednesday’s inflation data and Middle East energy risks as the next key tests for the market’s fragile rebound.
Nasdaq rises as AI names find support after market selloff

Nasdaq rises as AI names find support after market selloff

8 June 2026
Nasdaq surged 1.27% as investors snapped up AI and chip stocks after Friday’s rout, with the Philadelphia Semiconductor Index jumping 6.2%; Citigroup hiked its S&P 500 year-end target to 8,100 on AI demand, but Goldman Sachs warned strong jobs data makes a Fed rate hike more plausible, posing risks to growth stocks if inflation surprises.
Go toTop