IIFL Securities(-16.29%) Plunges 16% as SEBI Imposes Client Acquisition Ban; Tata Motors(+3.04%) Shares Hit All-Time High on Impressive Sales

Prime Minister Expresses Confidence in Reinforcing Ties During Visit to the US

Market Summary

Closing Bell: Nifty above 18800, BANKNIFTY above 43700, Sensex gains 150 pts, Auto, IT and Financial services rally.🚀

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Market News

IIFL Securities(-16.29%) tanks 16% after SEBI bans new client acquisition for 2 years .📉

HCL Technologies(+2.73%) Surges to New Heights, Fueled by Digital Transformation Success. 📈

Timken India(-6.82%) Shares Plunge 6% as Promoters Offload Stake

Tata Motors(+3.04%) Reaches New Heights, Touching 1-Year High on Impressive Sales Performance. 🚀

ITI(+1.93%) Limited's Collaboration with TCIL and C-DOT Boosts Stock, Targets Smart Cities. 📈

Infosys(+0.73%) co-founder Nandan Nilekani Donates Rs 315 Crore to IIT Bombay, Total Contribution Reaches Rs 400 Crore.💰

Interglobe Aviation's(+0.22%) Record-breaking Airbus Deal Takes Flight: 500 Aircraft Set to Transform Air Travel.🚀

Wipro's (+0.62%) Record-Breaking Share Buyback in 7 Years of Rs 12,000 Crore Begins June 22.📈

HDFC(+0.14%) Sells 90% Stake in HDFC Credila, there will be fresh Rs 2,000 Crore Capital Infusion by Barings PE & Chrys Capital. 🧾

Abrdn Exits HDFC AMC(+0.14%) Sells Entire 10.2% Stake worth £337 Million in HDFC AMC.💰

The IPO of HMA Agro Industries Opens for Public Subscription Today and will conclude on Friday, June 23.💼🧾