Market News

8 min read | Updated on June 15, 2026, 13:13 IST
SUMMARY
Bharti Airtel stock rose as much as 1.17% to hit an intraday high of ₹1,843.80 per equity share on the NSE, after announcing that nearly 100% of its shareholders have approved the ongoing transaction to consolidate its stake in key strategic subsidiary Airtel Africa plc.

The SENSEX rallied as much as 1.71% to hit an intraday high of 76,821.07 on June 15. | Image: Shutterstock
Benchmark indices, SENSEX and NIFTY50, continued trading in positive territory in the afternoon session on Monday, June 15, amid positive global cues as the United States and Iran agreed on a peace deal, a cool down in global crude oil prices, and overall buying in the markets.
The SENSEX rallied as much as 1.71% to hit an intraday high of 76,821.07, while the NIFTY50 touched the session’s peak of 24,011.40.
At 1:03 PM, the S&P BSE SENSEX climbed by 901 points, or 1.19%, to trade at 76,428.95. NSE’s NIFTY50 stood at 23,896.15, marking a 273.25-point, or 1.16% jump.
Brent crude oil futures (for delivery in August) declined as much as 5% to a low of $83.04 per barrel (bbl), after US President Donald Trump, on Sunday, declared that a peace deal with Iran had been completed and authorised the reopening of the Strait of Hormuz and the removal of a US naval blockade.
Furthermore, domestically, Finance Minister Nirmala Sitharaman, speaking at the Hero Mindmine Summit 2026 on Monday, indicated that the government will take more steps to attract foreign capital into the Indian market. She added that the measures taken by the government to exempt withholding tax on interest and capital gains tax made by foreign investors in G-secs will be the first step towards drawing back foreign capital.
Shares of oil-linked companies, such as oil marketing companies (OMCs), paints, tyres, and aviation, were trading with notable gains on Monday, June 15, as crude oil prices tumbled in the international market.
OMCs such as Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation advanced on the National Stock Exchange (NSE).
On the other hand, oil upstream firms such as ONGC and Oil India (OIL) were in the red following a sharp drop in oil prices.
Oil prices dropped over 4% in the early trade after US President Donald Trump announced that the United States and Iran have completed a key step towards an active peace agreement, which is set to be signed later this week.
The final leg of Vedanta Ltd’s demerger process was completed on Monday, June 15, with all four demerged entities beginning trading on the BSE and NSE following a special pre-open session for price discovery.
The newly listed companies are Vedanta Oil and Gas Limited (formerly Malco Energy Limited), Vedanta Power Limited (formerly Talwandi Sabo Power Limited), Vedanta Aluminium Metal Limited, and Vedanta Iron and Steel Limited.
Vedanta Aluminium Metal debuted at ₹522 per share on the NSE and ₹527 per share on the BSE, following the price discovery process. Vedanta Iron and Steel shares were listed at ₹20 apiece on the NSE.
Vedanta Oil and Gas shares were listed at ₹38 apiece on the NSE. Furthermore, Vedanta Power shares got listed at ₹41.80 apiece on the NSE.
Last seen, Vedanta stock was trading 1.37% lower at ₹305.40 per equity share.
Shares of EPC firm SEPC soared as much as 13.46% to hit an intraday high of ₹7.84 per unit on the NSE on Monday, June 15, after securing an order worth ₹673 crore from the Steel Authority of India Ltd (SAIL) -IISCO Steel Plant (ISP), Burnpur, for its 4.08 million tonnes per annum (MTPA) crude steel expansion project.
According to a regulatory filing, the scope of the massive project comprises two key packages under the expansion project, including coke oven balance of plant (BOP) package - COB-3 (excluding civil and structural works) valued at ₹296.77 crore.
The project also includes the sinter plant BOP package – SP-2 (including civil and structural works) worth ₹376.56 crore.
The stock of Shriram Properties rallied as much as 6.2% to hit an intraday high of ₹91.30 per equity share on signing a Joint Development Agreement (JDA) for 9.1 acres of land parcel at Doddagubbi in North-East Bengaluru.
The realtor plans to develop an exclusive, “scenic lake-facing, thoughtfully designed” apartment complex with a development potential of approximately 6.7 lakh square feet, according to a regulatory filing.
The project, with an estimated gross development value (GDV) of over ₹600 crore, is expected to be launched during the current financial year (i.e., FY27).
Oswal Pumps share price climbed as much as 9.24% to hit the session’s peak of ₹435 apiece on Monday, June 15, after the company announced that they have secured a ₹247 crore solar panel order from the North Bihar Power Distribution Company Ltd and South Bihar Power Distribution Company Ltd, as per an exchange filing.
As per the NSE filing, both entities awarded the project to Oswal Pumps to build a 63 megawatt (MW) grid-connected rooftop solar project across Bihar under the PM Surya Ghar-Muft Bijli Yojana.
Oswal Pumps will install 57,492 consumer installations across the Motihari, Saharsa, and Ara circles to strengthen its presence beyond its traditionally strong PM Kusum portfolio.
“Under the programme, each beneficiary household is expected to receive approximately 15,000 units of solar power over the contract period, significantly lowering dependence on grid supply while delivering sustained savings in energy costs,” the company said in the NSE filing.
The stock of Nestle India climbed as much as 2.63% to hit an intraday high of ₹1,411.90 per equity share on the NSE on Monday, June 15, after the FMCG major rejected allegations circulating on social media regarding the alleged presence of infestation in Maggi noodles, asserting that laboratory tests on a batch and market samples confirmed that products met all quality and food safety standards.
In a clarification submitted to stock exchanges, the company said it was made aware of the complaint through the Food Safety and Standards Authority of India (FSSAI) following concerns raised by an unverified account on the social media platform X (previously Twitter).
"We categorically reject allegations circulating on media basis an unverified account regarding the presence of infestation, allegedly on MAGGI noodles," said Nestle India in response to a query from the NSE and the BSE on a media report published on June 12.
The company said it is "yet to receive" any sample from the complainant for assessment, and did not receive any response from them while the social media account remained unreachable.
IFCI shares jumped as much as 8% to their 52-week high level of ₹91.30 apiece on Monday, June 15, following investors’ optimism regarding the National Stock Exchange’s draft paper filing this week.
The development comes months after NSE's board approved the proposed IPO on February 6, following the receipt of SEBI's no-objection certificate (NOC).
Bharti Airtel stock rose as much as 1.17% to hit an intraday high of ₹1,843.80 per equity share on the NSE, after announcing that nearly 100% of its shareholders have approved the ongoing transaction to consolidate its stake in key strategic subsidiary Airtel Africa plc.
The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment Limited, a promoter group entity, on a preferential basis, in exchange for its 16.31% stake in Airtel Africa, according to a regulatory filing.
The proposal received resounding support from shareholders, including public and institutional investors, reflecting confidence in its strategic rationale and long-term value creation potential, the company said.
The transaction, upon consummation and subject to receipt of all requisite regulatory approvals, will increase Bharti Airtel’s effective stake in Airtel Africa to approximately 79%.
Shares of Petronet LNG rose as much as 6%, its biggest single-day gain since January 28, to hit an intraday high of ₹291 on the NSE on Monday, June 15. The stock came under buying interest after a report suggested that an Indian tanker carrying liquified natural gas crossed the Strait of Hormuz following a peace deal between the United States and Iran.
The vessel, carrying Qatari liquefied natural gas cargo, had been previously stranded in the Gulf for over three months. Its movement follows recent US-Iran deals aimed at lifting blockades and reopening the vital waterway, the report added.
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