Share Market Live Updates – 13 June 2026
As of 3:24 PM IST, the Indian share market continues to show robust momentum, with key indices closing significantly higher. The Sensex surged by 1,695.40 points (2.29%) to 75,527.95, while the Nifty climbed 461.31 points (1.99%) to reach 23,622.90. The market rally was broad-based with notable gains across sectors, supported by positive global cues and domestic developments.
Market Highlights:
-
Sensex and Nifty: Both indices rallied impressively, driven by strong buying interest in banking, infrastructure, and energy stocks.
-
Sectoral Performance: The Nifty Bank index led sectoral gains, soaring 2.97%, followed by the Nifty Midcap 100, which rose 2.43%. The Nifty Auto index increased by 1.95%. The Nifty IT index was a slight laggard, falling by 0.09% amid mixed earnings reports and sectoral rotations.
-
Top Gainers: IFCI topped the charts with a remarkable 20% gain, followed by Authum Investment at 15.30%, Tata Teleservices at 10.20%, and Ashok Leyland which also advanced 10%.
-
Commodity Markets: Gold prices rose by Rs 1,743 to Rs 1,50,675 per 10 grams, marking a 1.17% increase. Meanwhile, the USD/INR currency pair saw a depreciation in the rupee by 0.69%, quoting at 95.11. ### Key News and Market Drivers:
-
SpaceX IPO Makes Historic Debut: Globally, the stock markets witnessed excitement after the blockbuster IPO of SpaceX, which raised $75 billion. The shares debuted with an 11% jump on Nasdaq, quickly rising further to close 19% higher, bringing Elon Musk’s net worth close to $1 trillion.
-
RBI’s FPI Reforms: In the domestic debt markets, RBI’s reforms to Foreign Portfolio Investments (FPIs) are expected to attract $50-100 billion over time, enhancing liquidity and investment inflows into Indian debt securities.
-
Crude Oil Price Decline: Falling crude prices triggered a relief rally in oil marketing, tyre, and airline stocks, with companies like BPCL, HPCL, and IOCL rallying up to 4%. This decline in oil has also boosted market sentiment and softened inflation concerns.
-
Regulatory and Market Trends: SEBI is planning to ease KYC norms for FPIs and review delisting frameworks to facilitate smoother market exits. New IPOs are also in focus, with upcoming listings from Bombay Coated, Bonfiglioli Transmissions, and Swaraj Green Power.
Analyst Insights:
- Market experts attribute today’s rally to a confluence of factors including easing geopolitical tensions, positive corporate earnings, and strong technical momentum.
- Several mid- and large-cap stocks are being highlighted for their consistent performance and upside potential, with some analysts projecting returns exceeding 25% in the next year.
- Technical charts indicate bullish reversals in stocks like Deepak Nitrite and trend breakouts in companies such as Narayana Hrudayalaya and KIMS.
Upcoming Events and Watchlist:
Investors are closely monitoring ongoing developments related to the microfinance sector, which is facing challenges due to a weak monsoon forecast. Additionally, focus remains on trade activity of prominent investors including recent trades by Donald Trump revealing portfolio shifts towards tech giants like Nvidia and Microsoft.
Several IPOs and stock listings are set to commence in the coming days, keeping market participants eager for new investment opportunities.
Stay tuned for continuous updates and detailed analyses on market trends, company performances, and expert recommendations, only on The Economic Times.