US Strikes Back while Oil Reserves Hit 23-Year Low
Good morning, it’s June 11th, 2026, and here’s your headstart to the day’s most important update.
Top Domestic News
Textile PLI Scheme 3.0: 96 Firms Selected With Investment Commitment Of Nearly Rs 13,000 Crore. Read
India’s Fuel Consumption: Drops 6.5% In May As LPG Demand Plummets; Petrol, Diesel See Subdued Growth. Read
Gold, Silver ETFs: Tumble Up To 5% As Bears Dominate Precious Metals Market. Read
Positive
Reliance: RIL, Meta Partner To Develop 168 MW AI Enabled Data Centre In Gujarat’s Jamnagar. Read
Nuvama Wealth: Gets Final SEBI Nod To Launch Mutual Fund Business. Read
Zee: FIFA World Cup Bet Gains Traction; Mahindra, Diageo, Apple Among Brands Tying For Ads. Read
Mazagon Dock: Gains over 3% on report of Finance Ministry clearing Rs 70,000 crore P-75I submarine deal. Read
Negative
Canara Bank: Saw shares fall about 3% as banks across the board raise their MCLR rates in response to tight liquidity. Read
Source: Trading Economics & Yahoo Finance
(Note: For bond yields, percentage changes refer to change in yield levels, not total return or price appreciation)
Top Global News
India: seeks UK steel quota carve-outs for MSME-linked export categories before FTA rollout. Read
OECD: Global oil reserves at their lowest since 2003 as Strait of Hormuz closure drains stockpiles. Read
US-Iran: US bombs Iran’s water facilities. Read
South Africa: Economy grew 0.5% QoQ in Q1 2026, above forecasts of 0.3% and the sixth straight quarter of expansion. Read
Daily FII/ DII - Previous 20 Sessions
FII/DII - Historic Data
Source: Trendlyne
IPOs This Week
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Startup Talks
Mygate: Secures Rs 225 Cr from Dharana Capital. Read
Exponent Energy: Raises Rs 200 Cr in Series B2 round led by 360 ONE Asset and TDK Ventures. Read
Other News
Aviation: First ‘Made in India’ Airbus C-295 aircraft completes maiden test flight from Vadodara. Read
Now over to you! What was your biggest takeaway? Let’s discuss in the comments.
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