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Vedanta Aluminium Metal stock falls after demerger even as Nifty, metal stocks gain

MUMBAI, June 17, 2026, 19:34 IST Vedanta Aluminium Metal Limited dropped on Wednesday, its third session since listing separately, with shares closing 1.22% lower at ₹465.36. The NSE-listed VAML traded in a range of ₹447.56 to ₹488.75, according to exchange data, while Indian benchmark indices and metal stocks gained. (ICICI Direct) Vedanta’s aluminium spinoff was the key test of value in the group’s recent break-up.

BSE drops with NSE IPO filing approach, lags India shares

Mumbai, June 17, 2026, 18:46 IST BSE Ltd dropped almost 4% Wednesday, ending a three-session run higher. Traders sold the exchange’s stock ahead of a likely IPO filing from bigger competitor National Stock Exchange. The stock closed down 3.93% at ₹3,999.20 on the NSE. Around 69.8 lakh shares traded. It started the session at ₹4,180, hit a high of ₹4,219.90, then dropped to ₹3,961 at the lowest point. (The Economic Times) An NSE listing would give public investors another direct shot at India’s market infrastructure.

Brokerages Eye SBI, Top Banks and Select Large Caps After Rally

Mumbai, June 17, 2026, 17:41 IST Brokerages turned their attention to State Bank of India again Wednesday. Motilal Oswal put SBI on a list with Tata Steel, Cummins India, Groww, and Mankind Pharma. Axis Securities stuck with its buy on SBI and kept the ₹1,280 target. The calls show bets across banks, steel, pharma, capital goods, and online brokers after the market’s recent strength. (Punjabi Jagran) Indian stocks extended gains for the longest stretch in two months. Shares rose as crude eased after a U.S.-Iran agreement.

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