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ensex Today, Nifty 50 | Stock Market Live Updates- Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 8 June 2026
The stock of The Phoenix Mills hit a four-month high of ₹1,889.85 on May 8. But then, the price moderated and is now at ₹1,745,20. However, it continues to stay above a base at ₹1,690, which has been holding well over the past two months. So long as this support stays valid, the outlook will remain positive. We expect the stock to regain traction in the coming days and eventually appreciate to ₹1,920. Therefore, traders can consider buying the stock of The Phoenix Mills now at ₹1,745 and accumulate if the price dips to ₹1,700. Place stop-loss at ₹1,660. When the price hits ₹1,820, alter the stop-loss to ₹1,700. Tighten the stop-loss to ₹1,820 when the stock touches ₹1,875. Book profits at ₹1,920.
(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)
- June 8, 2026 07:38
Banking
Canara Bank penalized by RBI for delayed reporting
Canara Bank (BSE: 532483, NSE: CANBK) has formally notified the stock exchanges that the Reserve Bank of India (RBI) has levied a monetary penalty on the institution. The notification was issued by the bank’s Secretarial Department from its Head Office in Bengaluru on June 6, 2026.
Details of the Regulatory Action Enforcing Authority: Reserve Bank of India (RBI) Nature of Action: Imposition of a formal monetary penalty Penalty Amount: ₹2,49,658 (Rupees Two Lakh Forty-Nine Thousand Six Hundred Fifty-Eight Only) Date of Order Receipt: June 6, 2026 Reason for Penalty: Delayed reporting by the bank’s Currency Chest operations.
The bank clarified that the financial, operational or other impacts on the listed entity are strictly limited to the penalty amount of ₹2,49,658. No broader operational disruptions or long-term financial damages have been reported.
- June 8, 2026 07:37
Information technology
HCL Technologies has awarded $1 million under the third edition of its Climate Action Grant in the Americas, supporting projects focused on developing scalable climate solutions.
- June 8, 2026 07:37
Companies
NTPC seeks EOIs to enhance flexible gridity
NTPC has formally sought EOIs from prospective solution providers and technology partners as part of its effort to enhance grid flexibility. The initiative is aimed at addressing the operational challenges associated with incorporating variable renewable energy sources — such as solar and wind — into the broader electricity network.
- June 8, 2026 07:37
Industry update
Cupid Breweries acquires Odisha production unit from United Spirits
Cupid Breweries and Distilleries Ltd has executed an Agreement for Sale and Transfer with United Spirits Ltd to acquire an operational alco-beverage production unit situated at Gopalpur, Odisha, for a total consideration of ₹22.50 Crores, exclusive of applicable taxes, registration charges, and stamp duty. The acquisition is part of the company’s strategy to strengthen its manufacturing capabilities and establish a platform for future growth.
- June 8, 2026 07:36
Commodities
Oil prices rise more than $2 on Israel strikes on Lebanon
Oil prices rise more than $2 on Israel strikes on Lebanon
The latest strikes appeared to present yet another barrier to a US-Iran peace deal and the reopening of the Strait of Hormuz, a key conduit for global oil and gas flows.
- June 8, 2026 07:35
Buzzing stocks: Allied Blenders, RailTel, TVS Motor Co, RInfra, Ixigo, HCC,
Buzzing stocks: Allied Blenders, RailTel, TVS Motor Co, RInfra, Ixigo, HCC,
Focus will also be on Alembic Pharma, Glenmark, Nibe Defence, Asian Energy, Innovation, HEC Infra projects
- June 8, 2026 06:57
Nvidia signs AI data center deals with South Korea’s SK Hynix, Naver and Doosan
Nvidia signs AI data center deals with SK Hynix, Naver and Doosan in South Korea
Nvidia announced AI partnerships with SK Hynix, Naver and Doosan to build data centers, advance AI memory technology and expand AI infrastructure.
- June 8, 2026 06:53
Asian stocks sink amid tech sell-off, rising oil prices and rate hike fears
Asian markets slide as AI rally fades, oil prices jump and rate hike fears grow
Asian stocks fell as the AI rally cooled, oil prices surged on Middle East tensions, and stronger US jobs data fueled interest rate concerns.
- June 8, 2026 06:47
Today’s Stock Recommendation: June 08, 2026
- June 8, 2026 06:46
NSE
Nifty and Bank Nifty Prediction for the week 08 Jun’26 to 12 Jun’26 by BL GURU
- June 8, 2026 06:45
NSE
What is Nifty & Bank Nifty this week (08 Jun’26 to 12 Jun’26)? Where will it go?
- June 8, 2026 06:38
Powerful 8.2-magnitude earthquake strikes Philippines, tsunami threat issued
Powerful 8.2-magnitude earthquake strikes Mindanao, tsunami threat issued
An 8.2-magnitude earthquake struck Mindanao in the Philippines, prompting a tsunami threat alert as authorities assess the impact.
- June 8, 2026 06:37
Iran fires missiles at Israel, raising fears of renewed West Asia conflict
Iran fires missiles at Israel, putting fragile ceasefire and peace talks at risk
Iran launched missiles at Israel, raising fears of renewed war, straining ceasefire efforts and escalating tensions across the Middle East.
- June 8, 2026 06:36
South Korea’s KOSPI plunges over 8%, circuit breakers halt trading
South Korea’s KOSPI falls over 8% as Samsung and SK Hynix plunge, triggering circuit breakers
South Korea’s KOSPI dropped more than 8% after Samsung Electronics and SK Hynix shares plunged over 10%, triggering market circuit breakers.
- June 8, 2026 06:35
stock market
Index Outlook: Poles apart
Nifty 50, Sensex and Nifty Bank index fell in the first half last week. Nifty and Sensex remained stable in the second half and closed about 0.7 per cent down each. Nifty Bank index, on the other hand, bounced back well, recovering all the losses. It closed the week higher by 0.47 per cent.
Index Outlook: Poles Apart
Nifty Bank shows potential growth, while Nifty and Sensex face possible declines, indicating market divergence.
- June 8, 2026 06:34
Technical call buy
Stock to buy today: The Phoenix Mills (₹1,745.20)
Stock to buy today: The Phoenix Mills (₹1,745.20)
Consider buying The Phoenix Mills stock at ₹1,745, with potential gains and strategic stop-loss recommendations.
Published on June 8, 2026