Indian benchmark indices closed in positive territory on Monday, 22 June, with the Sensex advancing 291.17 points, or 0.38%, to end at 77,094.07, while the Nifty 50 climbed 89.80 points, or 0.37%, to settle at 24,102.90. According to reports from Live Mint, the positive sentiment was driven by improving diplomatic developments and favorable crude oil price movements. However, market trends indicate a cautious opening for Tuesday, 23 June, with the Gift Nifty trading near the 24,149 mark, up over 26 points from the previous close. Markets traded with a positive bias on Monday, recouping some of Friday's losses amid supportive global cues, with analysts noting buoyancy in the banking pack combined with rotational participation from other sectors.
Tata Consultancy Services announced that its board of directors will convene on July 9 to review and approve financial results for the quarter ended June 30. As reported by Live Mint, Vodafone Idea's Capital Raising Committee approved the preferential allotment of ₹430 crore warrants to Suryaja Investments Pte. Ltd., an entity of the Aditya Birla Group. IIFL Finance announced its board meeting scheduled for June 27 to evaluate a proposal for raising funds through equity share issuance. The JSW Infrastructure Finance Committee approved the launch of its Qualified Institutional Placement (QIP) effective June 22, 2026, with the company fixing the floor price at ₹290.35 per share and plans to issue up to 23 crore shares. Promoter entity Sajjan Jindal Family Trust will also sell 3.33 crore shares through an offer for sale.
Bharat Electronics secured fresh orders worth ₹1,081 crore since its previous disclosure on May 25, 2026, covering communication systems, radars, CBRN protection equipment, seekers, avionics, upgrades, spares and related services. According to Live Mint, GHV Infra Projects announced securing a work order worth around ₹213 crore from GHV (India) Private Ltd. encompassing composite works across multiple segments. Hindustan Zinc entered into an MoU with Advantek Associates LLP and Aero Eagle Automobiles to evaluate green hydrogen integration across its operations, focusing on feasibility studies, pilot projects and deployment of green hydrogen solutions across mining operations and heavy machinery.
Info Edge reported that its artificial intelligence startup portfolio has expanded to ₹1,268 crore from investments totaling ₹614 crore across 28 companies, generating a 2.1x return multiple and an estimated gross internal rate of return (IRR) of 31%. As reported by Live Mint, these developments come amid positive market sentiment driven by diplomatic progress in US-Iran negotiations and easing crude oil prices that have enhanced investor appetite for risk assets.
Syrma SGS Technology is expected to remain in focus after signing a joint venture agreement with Japan's Kaga Electronics to establish an Electronics Manufacturing Services (EMS) facility in India focused on Japanese customers. The company may also see action after receiving civil work orders worth around ₹213 crore in West Bengal. Birla Corporation may remain in focus after commencing commercial coal production at its Bikram Coal Mine. City Union Bank's board will consider a fundraising proposal on Tuesday, while HUL, Asian Paints, Tata Power and Indian Hotels shares will trade ex-dividend. Bandhan Bank will be watched ahead of its June 25 board meeting to consider its capital plan.
