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Following Iranian strikes on Israel, Cyprus has been asked to relay messages to Israeli Prime Minister Benjamin Netanyahu, according to Cypriot President Nikos Christodoulides. Frustrated with the EU's response to the escalating Middle East crisis, Cyprus has requested an emergency meeting of the EU Foreign Affairs Council and offered assistance with evacuating third-party nationals.
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News and Media
Foreign institutional investors (FIIs) have reversed their bullish stance from May and turned net sellers in Indian equities this month. According to exchange data, FIIs sold equities worth Rs 4,892 crore in the cash market through June 13, after investing Rs 19,860 crore in May.
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News and Media
An Iranian missile struck Bat Yam, Israel, early Sunday, killing six, including two children. Julia Zilbergoltz, a resident, expressed shock after her home was destroyed. Yivgenya Dudka, another victim, lamented the complete destruction of her house. Strikes also hit northern Israel, raising the death toll to thirteen since Friday.
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News and Media
Despite Friday's recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments Limited, believes the recent sell-off isn't over yet and expects the index to test the 24,060 level before any meaningful recovery takes hold.
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News and Media
BSE-listed Elitecon International, a smallcap company known for its tobacco-based products, has announced its first-ever stock split to reward shareholders and improve stock liquidity.
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News and Media