Talbros Automotive Components along with its JVs, won Rs 580 crore in multi-year orders across EV, export, and domestic segments. This includes around Rs 260 crore orders from its sealing business, including Rs 150 crore exports (mainly Europe) and Rs 80 crore for forgings. JV Marelli Talbros secured Rs 290 crore chassis orders (50% EV). Another JV, Talbros Marugo, got Rs 30 crore domestic orders for hoses and A/V, with commercialization from H2 FY26.
SEPC secured Rs 650 crore solar EPC project under PM-KUSUM scheme from Parmeshi Urja Ltd (India Power subsidiary) for a 133 MW solar project across four Maharashtra districts. The execution timeline is 12–18 months.
Company | CMP | Chg(%) | Volume |
---|---|---|---|
Oil India | 483.50 | 3.3 | 127.21k |
ONGC | 252.15 | 1.76 | 364.70k |
Amid mixed global cues, the Indian indices opened weak on June 13 with Nifty below 24600.
The Sensex was down 1,094.26 points or 1.34 percent at 80,597.72, and the Nifty was down 332.40 points or 1.34 percent at 24,555.80. About 412 shares advanced, 1963 shares declined, and 104 shares unchanged.
L&T, Shriram Finance, SBI Life Insurance, Tata Motors, Bajaj Finserv were among major losers on the Nifty, while only gainer was ONGC.
On this ominous Friday the 13th, markets are gripped by caution as bearish signals intensify—despite the RBI’s jumbo rate cut, banking stocks remain weak, and FIIs have sold Rs 3,549 crore so far this June, contributing to continued volatility.
Geopolitical risks are also in play, with Trump threatening 55% tariffs on China, which downplays the US deal, while WTI crude nears $72 per barrel amid US-Iran tensions. Nifty’s sharp sell-off signals that bears are in control, with the 25222 level remaining a major hurdle.
Stock-specific action saw IndiGo and SpiceJet fall over 3% after an Air India crash in Ahmedabad, while Sterlite Technologies soared 11% on securing a Rs 2,631 crore BSNL contract, and Tanla Platforms surged 9% ahead of a board meeting to consider a share buyback.
Zomato and Tata Motors are under bearish watch on intraday strength, with Zomato particularly vulnerable below Rs 237.
Harbir Singh Chadha sold 32.67 lakh shares (1.53 percent) of Shree Ram Proteins Ltd at Rs 0.59 per share.
Indian rupee opened 55 paise lower at 86.15 per dollar on Friday versus Thursday’s close of 85.60.
Benchmark indices are trading weak in the pre-opening session.
The Sensex was down 721 points or 0.88 percent at 80,970.98, and the Nifty was down 581.10 points or 2.33 percent at 24,307.10.
Crude oil futures surged over 10% to $76 per barrel, the highest in two months, as escalating tensions between Israel and Iran sparked fears of severe supply disruptions. With Israel launching a pre-emptive strike and Iran vowing retaliation—including potential attacks on US bases—the threat to the Strait of Hormuz, a key global oil artery, looms large.
Supporting the price rally, U.S. crude inventories fell more than expected, signaling robust demand. Additionally, weaker U.S. inflation data reinforced expectations of a Fed rate cut by September, potentially lifting future oil demand.
We expect crude oil prices to remain volatile in today’s session. Crude oil is having support at $ 70.40-68.50 and resistance is at $ 74.00-75.20 in today’s session. In INR crude oil has support at Rs 5,690-5,630 while resistance at Rs 6,200-6,450