Stock Market

• Major equity indexes rebounded on Thursday, recovering from sharp losses experienced during the previous trading session. • The recovery was driven largely by gains in tech stocks and investor indifference toward President Donald Trump's warning that the U.S. "will be hitting Iran" tonight. • This bounce back suggests that market participants are currently downplaying geopolitical tensions and specific corporate concerns, such as Oracle's data-center spending.

• The Sensex reclaimed the 74,000 mark and rose over 230 points by midday on June 11, 2026, while the Nifty remained above 23,230. • Market recovery was driven by strong buying in private banks and pharma stocks, which offset losses in the IT sector. • This rebound occurs despite severe volatility in US markets, where the Dow Jones fell 1.87% to 49,918.78 and the Nasdaq dropped 1.98% due to Iran-US military escalation.

• The Indian stock market opened lower on June 11, with the Sensex falling over 400 points and the Nifty trading below 23,150. • Losses were primarily driven by IT stocks, with declines also seen in Nifty Auto (-0.71%), Nifty Realty (-0.57%), and Nifty PSU Bank (-0.51%). • Despite the general downturn, specific stocks like ICICI Bank (+0.72%) and Power Grid (+0.70%) managed to post gains.

• On Wednesday, June 10, Indian benchmark equity indices erased most of their intraday gains due to dampened investor sentiment caused by renewed hostilities between the U.S. and Iran. • The BSE Sensex ended marginally higher, rising 64.42 points (0.09%) to close at 73,983.18, despite hitting an intraday high of 74,613.01. • In contrast, the NSE Nifty closed in the red, slipping 27.15 points (0.12%) to settle at 23,214.95.

• Stock futures declined on Wednesday, led by sharp drops in technology shares, as investors await a critical upcoming inflation report. • Oil prices increased following U.S. "self-defense strikes" against Iran and comments from President Donald Trump stating that Iran has "taken too long to negotiate a deal." • The market volatility reflects growing economic uncertainty regarding inflation and heightened geopolitical tensions in the Middle East.

• On June 9, major US stock indices weakened during the early trading session, with the Nasdaq Composite dropping 0.79% to 25,724.55 and the S&P 500 falling 0.32% to 7,382.36. • The Dow Jones Industrial Average showed slight resilience, edging up 0.08% to 50,828.49, while other indices reversed their earlier gains. • This volatility follows a consensus warning from four major investment banks highlighting significant risks currently facing the stock market.

• The S&P 500 and Nasdaq Composite initially saw a boost on Monday driven by a rally in chip stocks. • On Tuesday, the broad S&P 500 tumbled by more than 1%, signaling a wider market selloff. • "Old-economy" sectors remained resilient during the downturn, with the iShares U.S. Healthcare ETF (IYH) rising 0.7% and the State Street SPDR S&P Bank ETF (KBE) climbing approximately 1%.

• Indian equities closed higher on Tuesday, driven by a sharp decline in the India VIX, softer crude oil prices, and easing geopolitical tensions. • While broader markets outperformed, analysts remain cautious due to ongoing Foreign Institutional Investor (FII) outflows and a weak near-term earnings outlook. • The market recovery is significant as it signals improved investor sentiment, though global uncertainties continue to pose a risk to sustained gains.