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Stock markets extend winning run to 3rd day on US-Iran peace deal; Sensex up 544 pts

Mumbai, Jun 16 (PTI) Benchmark stock indices Sensex and Nifty rose for the third consecutive day on Tuesday, propelled by a positive trend in global markets and softening crude oil prices following a peace deal between the US and Iran. The 30-share BSE Sensex jumped 544.15 points, or 0.71 per cent, to settle at 76,808.48. Intraday, it surged 582.41 points, or 0.76 per cent, to 76,846.74. The 50-share NSE Nifty climbed 135.25 points, or 0.57 per cent, to end at 23,989.15. During the day, it jumped 148.7 points, or 0.62 per cent, to 24,002.60.. Foreign investors turning net buyers in

Rupee rises 5 paise to close at 94.53 against US dollar

Mumbai, Jun 16 (PTI) The rupee appreciated for the third straight session on Tuesday to close 5 paise higher at 94.53 (provisional) against the US dollar, supported by easing West Asia tensions and extended fall in crude oil prices. Forex traders said that with the reported de-escalation of the US-Iran conflict and diplomatic agreements regarding the Strait of Hormuz, the immediate threat to global energy supplies has significantly reduced. Moreover, softening of the US dollar and a decline in US treasury yields also supported the USD/INR pair, they said. At the interbank foreign exchange, the rupee opened at 94.69 against

6.7-magnitude earthquake shakes part of Indonesia, causing damage and injuries

PALU, Indonesia, June 16, 2026 (AP) — A 6.7 magnitude earthquake shook part of central Indonesia’s Sulawesi island Tuesday, injuring at least eight people, causing scattered damage and rattling residents of a city devastated by a quake and tsunami eight years ago. The strong shaking sent people fleeing into open areas in and around Palu, a city of about 400,000 people and the capital of Central Sulawesi province. Several hospitals evacuated patients, some with IV drips, outdoors as a safety measure. Three regencies close to the epicenter — with a combined population of 1.2 million — have yet to be

Speaker to seek views of both TMC factions before decision; mail sent to Mamata group: Sources

New Delhi, Jun 16 (PTI) Lok Sabha Speaker Om Birla will hear the defected TMC MPs and the faction led by Mamata Banerjee both before deciding on giving recognition to the breakaway faction, sources have said. The speaker’s office has also sent an email to the Banerjee-led faction — which is now reduced to a rump — seeking its view, they said. Earlier, sources from Parliament said Birla is likely to seek legal opinion on the defected leaders’ demand to be recognised as a separate group after a proposed merger with the little-known Nationalist Citizens Party of India (NCPI). Any

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