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HDFC Bank closes week up 1% even after 2.4% ex-dividend drop
Mumbai, June 21, 2026, 01:36 IST HDFC Bank closed out the week up 0.95% at ₹779.80, bouncing back from a 2.4% drop on Friday. Traders juggled news on a leadership extension, a $750 million offshore bond, and changes to the dividend. HDFC Bank is the top private-sector lender in India. (Investing.com) HDFC Bank’s drop on Friday looked worse on the screens than it really was. The stock traded ex-dividend for a ₹13 per share payout, so anyone buying on Friday missed out on that dividend. If you adjust the previous close for the dividend, putting it at about ₹786, the
Paras Defence jumps 28% in a week as stock hits record, 10% band eyed
Mumbai, June 21, 2026, 00:37 (IST) Paras Defence and Space Technologies Ltd starts a four-session trading week after rallying 28.4% over the past five sessions. The stock finished Friday up 7.5% at ₹1,408.65, hitting a new NSE high of ₹1,443 during the day. This came as the Nifty 50 gave up 154.90 points to end at 24,013.10. (The Economic Times) Recent gains seem more about theme than new business. Paras’s June 18 exchange notice mentioned meetings with investors at a Mumbai defence event set for June 25 but didn’t announce any new contract. That point stands out since the price
Gold Edges Up in India After MCX Drop
Mumbai, June 20, 2026, 23:33 (IST) Gold futures dropped on MCX to close the week lower, with August contracts down 1.39% at ₹147,239 per 10 grams on Friday. Top jewellers gave mixed signals. Tanishq kept its 22-karat price at ₹13,415 per gram. Malabar Gold bumped its rate by ₹20 to ₹13,390 per gram on Saturday. (Goodreturns) The gap is important for buyers. There’s no single checkout rate for gold in India—exchange-traded futures, bullion benchmarks, and jewellers’ board rates all track different segments.
TCS Shares Drop 3.6% After Accenture Warning Hits Nifty IT Sector
MUMBAI, June 20, 2026, 22:36 (IST) Tata Consultancy Services shares tumbled ₹78.30 to ₹2,125 on Friday, posting their sharpest single-day drop of the week. The stock had climbed through Wednesday but lost ground after Friday’s decline erased earlier gains. TCS ended the week 1.7% off last week’s close. (Equitypandit) Accenture was the trigger. The company’s results are seen as an early read on global tech budgets for TCS and its Indian peers. Accenture cut its annual revenue growth outlook to 3%-4% in local currency from a previous 3%-5% range.
Airtel shares climb after Jio IPO filing puts valuation in focus
Mumbai, June 20, 2026, 21:35 (IST) Bharti Airtel closed Friday at ₹1,910.80, gaining ₹36 or 1.92%. Shares ended just below the session peak of ₹1,917.50. The stock was up roughly 4.8% from its June 12 finish, turning in a solid week as Indian markets stayed closed Saturday. (Dhan) Jio Platforms’ listing plan, not anything from Airtel, drove late-week trading. Reliance Industries filed for a Jio listing, and that gave investors a public-market marker to measure Airtel’s main Indian telecom arm.
Reliance shares gain for the week after Jio IPO update triggers selling
Mumbai, June 20, 2026, 20:33 (IST) Reliance Industries shares closed the week in the green, though they dropped on Friday after the company said it began the listing process for its Jio Platforms arm. The stock fell 1.4% on Friday to end at ₹1,309.50 on the National Stock Exchange. For the week, it gained 1.3%. (Investing.com India) Markets were shut on Saturday. Shares fell Friday after gaining ahead of Reliance’s annual shareholder meeting, pointing to the IPO news being mostly priced in already. Focus now turns to where Jio will be valued, what the cash will be used for, and
Infosys Slides 6.75% After Accenture Flags Growth Worries for Indian IT
BENGALURU, June 20, 2026, 19:35 (IST) Infosys shares slumped 6.75% on Friday, closing at ₹1,051.40 after hitting ₹1,030, which marked a new 52-week low. Markets in India are shut for the weekend. Investors now have to wait until Monday to see if Infosys can hold its rebound from the late-session low. (Investing.com) Accenture’s weaker sales forecast and soft outsourcing bookings drove the Nifty IT index to its lowest level in three years.
Tata Technologies Sees India as Next Auto Hub as Funds Add Shares
MUMBAI, June 20, 2026, 18:44 IST Tata Technologies is pitching India as the next major automotive engineering and investment hub after China, arguing that global carmakers need both a large growth market and a place where they can scale technical teams quickly. “After China, I think many customers, OEMs, manufacturers are viewing India as the next big story now,” Nachiket Paranjpe, president of global industries and ESS delivery, told ETAuto. OEMs are carmakers; Paranjpe also said virtual engineering and simulation were helping clients cut vehicle-development cycles by roughly 40%.
TCS Drops 3.6% After Accenture Flags Weakness; Nifty IT Hits 3-Year Low
Mumbai, June 20, 2026, 02:35 (IST) Tata Consultancy Services shares fell 3.56% to ₹2,125 on Friday, hitting a low of ₹2,059.90 during the session. Trading volume jumped to 13.29 million shares from 3.74 million on Thursday as more sellers joined the drop. For the week, the stock ended down around 1.7%. (Investing.com) Accenture cut its full-year local-currency growth forecast to 3%–4% from 3%–5%. The company, often seen as a bellwether for enterprise tech spending, reported quarterly bookings down 3% in local currency to $19.32 billion. Revenue was up 3% to $18.72 billion.
Reliance Industries climbs 1.3% this week with Jio Platforms IPO filing
Mumbai, June 20, 2026, 01:33 IST Reliance Industries stock heads into the new week with Jio Platforms’ IPO filing giving investors a new angle, but shares still fell after Friday’s AGM. Reliance on the NSE closed at ₹1,309.50, down 1.4% for the session, but that’s up 1.3% from the June 12 close. (Investing.com) Reliance’s digital unit moved ahead Friday, as Jio submitted its Draft Red Herring Prospectus with Indian regulators, BSE, and NSE. The filing kicks off the formal IPO process and puts the company on track to get a public-market valuation. The DRHP is an early step where offer


















