Stock Market Live Updates 10th June 2025: Stock to buy today: Bank of India (₹129.30)

• 07:01 | June 10, 2025
  

  Stock market live today: Qualcomm to acquire Alphawave IP Group for $2.4 billion to enhance AI and data center capabilities
  

  Qualcomm Inc. announced a $2.4 billion cash acquisition of London-listed semiconductor company Alphawave IP Group Plc to bolster its AI and data center capabilities. The deal, offering 183 pence per share—a 96% premium over Alphawave’s March 31 closing price—aims to enhance Qualcomm’s high-speed connectivity and compute technologies, critical for AI-driven data centers. Alphawave’s expertise in SerDes, PCIe, and chiplet technologies complements Qualcomm’s Oryon CPU and Hexagon NPU, supporting its push into the data center market amid a slowing smartphone sector. The acquisition, unanimously backed by Alphawave’s board and supported by 50% of its shareholders, is expected to close in Q1 2026, pending regulatory and shareholder approval. Alphawave’s shares surged 23% to 183.60 pence, while Qualcomm’s rose 4%. The deal also includes Alphawave’s Israeli engineering hub, acquired via its 2022 purchase of Banias Labs, adding 90 engineers to Qualcomm’s workforce. No significant regulatory hurdles are anticipated, especially after Alphawave’s exit from its Chinese joint venture, WiseWave.

• 07:01 | June 10, 2025
  

  Stock market live today: Indian government unveils reforms to SEZ regulations to enhance semiconductor and electronics manufacturing investmen
  

  Indian government announced significant reforms to Special Economic Zone (SEZ) regulations to boost investment in semiconductor and electronics component manufacturing. These changes are designed to support capital-intensive, import-reliant sectors with extended gestation periods before achieving profitability. (Supportive for companies like CG Power and BEL)

• 07:00 | June 10, 2025
  

  Stock market live today: SEBI investigates Jane Street for potential derivatives trading manipulation in India
  

  Jane Street, a global high-frequency trading firm, is under investigation by India’s Securities and Exchange Board of India (SEBI) for its derivatives trading activities over the past three years, following its reported $2.34 billion revenue from India’s futures and options (F&O) market in 2024. The probe focuses on whether Jane Street’s algorithmic trading strategies involved a repeated pattern of taking large positions in index derivatives (particularly in the Nifty 50 and banking indexes) while simultaneously trading the underlying stocks in the spot (cash) market to profit from price movements, a practice that could distort market pricing and mislead investors. 

  This strategy, sometimes referred to as a “bait and switch,” allegedly involves inflating derivative prices to attract smaller investors before executing counter-trades in the spot market, potentially manipulating benchmark indexes. SEBI’s scrutiny was triggered by Jane Street’s outsized profits—nearly five times that of the next largest trading firm—complaints from other institutional firms, and concerns over rapid trade reversals at abnormal prices.

  While the National Stock Exchange (NSE) closed a related probe in April 2025 after Jane Street’s trading partner, Nuvama Wealth Management, claimed the trades were algorithm-driven with no malicious intent, SEBI’s broader investigation continues. The regulator is also examining other foreign portfolio investors (FPIs) for similar patterns, suggesting possible coordinated or copycat strategies.

  If SEBI finds evidence of intentional manipulation, Jane Street could face regulatory action, including fines or trading restrictions. However, Jane Street has not commented publicly on the probe, and no formal charges have been confirmed as of June 9, 2025. The investigation highlights broader concerns about high-frequency trading’s impact on India’s derivatives market, where 90% of retail traders incur losses, prompting SEBI to tighten rules, such as increasing contract sizes and margin requirements.

  The outcome of this probe could lead to stricter regulations for algorithmic trading in India, balancing market innovation with protections for retail investors. For now, the investigation remains in a preliminary stage, with potential show-cause notices pending.

• 06:59 | June 10, 2025
  

  Stock market live news: Fund Flow Activity: 09th June 2025
  

  Turnover: (NSE + BSE)

  Cash Volume: 117745.56 + 8177.72 Total: 125923.28

  F&O Volume: 7768008 + 6576729.7 Total: 14344737.7

  Provisional Cash

  FII/FPI: NET BUY: + 1,992.87

  (12,778.34 – 10,785.47) 

  DII: NET BUY: + 3,503.79

  (15,306.03 – 11,802.24)

• 06:59 | June 10, 2025
  

  Stock market live today: SEBI to launch settlement scheme for brokers linked to specific algo platforms
  

  INDIA MARKETS REGULATOR: TO INTRODUCE SETTLEMENT SCHEME FOR ALL STOCK BROKERS ASSOCIATED WITH CERTAIN ALGO PLATFORMS

  SEBI: SCHEME TO PROVIDE SETTLEMENT OPPORTUNITY TO BROKERS AGAINST WHOM PROCEEDINGS HAVE BEEN INITIATED BY SEBI AND ARE PENDING || SCHEME SHALL COMMENCE ON JUNE 16 AND END ON SEPTEMBER 16

• 06:58 | June 10, 2025
  

  Stock market live today: Stocks in the News
  

  📌 Mahindra & Mahindra: May production rose 27.6% YoY to 89,626 units; sales up 16.6%; exports jumped 36.7%.

  📌 MCX: Gets SEBI approval to launch electricity derivatives.

  📌 Bikaji Foods: NCLT approves merger of Vindhyawasini Sales with the company.

  📌 Rites: Partners with Hindustan Copper to develop critical mineral supply chain.

  📌 Hyundai Motor India: Invests ₹16 crore in FPEL TN Wind Farm for 23.6 lakh shares.

  📌 CG Power: Clarifies media reports on chip venture; terms them inaccurate.

  📌 Bank of India: Revises RBLR to 8.35% from 8.85%.

  📌 Punjab National Bank: Cuts RLLR to 8.35% effective June 9.

  📌 GHV Infra Projects: Gets ₹546 crore construction order from GHV (India).

  📌 MedPlus Health: Drug license suspended for 3 stores in Karnataka, AP & TN.

  📌 UPL: Associate Serra Bonita to sell assets worth $125 million.

  📌 VIP Industries: Faces commercial suit by Jiaxing Bianca in Bombay Civil Court.

• 06:57 | June 10, 2025
  

  Stock market live today: Post Market Update: June 09, 2025

  🟩 Nifty 50: 25,103.20 (+0.40%) 

  🟩 Nifty Bank: 56,839.60 (+0.46%) 

  🟩 Nifty Midcap 150: 21,908.35 (+1.01%) 

  🟩 Nifty Smallcap 250: 17,515.15 (+1.33%) 

  🏭 Sectoral Heatmap 

  🟢 Nifty PSU Bank: 7,059.65 (+1.52%) 

  🟢 Nifty IT: 37,107.95 (+1.00%) 

  🟢 Nifty Oil & Gas: 11,382.25 (+0.84%) 

  🟢 Nifty Metal: 9,231.50 (+0.75%) 

  🟢 Nifty Healthcare Index: 14,040.60 (+0.78%) 

  🟢 Nifty Pharma: 21,644.20 (+0.66%) 

  🟢 Nifty Auto: 23,306.20 (+0.49%) 

  🟢 Nifty Media: 1,725.40 (+0.43%) 

  🟢 Nifty FMCG: 55,632.45 (+0.31%) 

  🔴 Nifty Realty: 993.10 (−0.14%) 

  📈 Top Gainers: 

  Capri Global: 🔼 19.27% 

  Westlife Food: 🔼 10.59% 

  Five-Star Business: 🔼 9.58% 

  📉 Top Losers: 

  Cochin Shipyard: 🔽 -3.81% 

  Data Patterns: 🔽 -3.60% 

  BLS International: 🔽 -3.56%

• 06:57 | June 10, 2025
  

  Stock market live today: MAJOR EVENTS THIS WEEK
  

  🔸INDIA CPI AND IIP DATA (WEDNESDAY AND FRIDAY, JUNE 11 AND 13) 

  In India, the Consumer Price Index (CPI) and Index of Industrial Production (IIP) data releases will influence the Nifty 50 and Sensex. These metrics could affect expectations for the Reserve Bank of India’s (RBI) monetary policy, especially after its recent meeting. 

  🔸U.S. CONSUMER PRICE INDEX (CPI) REPORT (WEDNESDAY, JUNE 11) 

  The CPI report is a critical inflation gauge that could signal whether inflationary pressures are easing or persisting. 

  🔸U.S.CHINA TRADE TALKS (Monday, June 10)

  Ongoing trade negotiations between the U.S. and China could create volatility, particularly if progress is made or tensions escalate. Market focus on trade policy, with Trump’s “Liberation Day” tariffs (set for July 9) still a concern. Positive developments could lift global equities, while setbacks may hit sectors like technology and consumer goods. 

  🔸GLOBAL CUES AND GEOPOLITICAL DEVELOPMENTS 

  Discussions at the G7 and NATO meetings, alongside trade negotiations and Middle East peace talks, could influence market sentiment. These events may affect defense stocks, oil prices, and safe-haven assets like gold, depending on outcomes.

  🔸U.S. FEDERAL RESERVE SPEECHES AND COMMENTS (THROUGHOUT THE WEEK)

  Several Federal Reserve officials are scheduled to speak during the week, and their remarks could provide insights into the Fed’s stance on interest rates and economic outlook.

• 06:54 | June 10, 2025
  

  BL Explainer: What Starlink’s entry means for telecom market
  

  

  BL Explainer: What Starlink’s entry means for telecom market

  Starlink’s GMPCS licence in India signals a digital revolution with enhanced connectivity, competition, and potential partnerships for rural areas.

• 06:52 | June 10, 2025
  

  Stock market live today: IndiGo eyes new markets, to induct Airbus XLR aircraft by December
  

  

  IndiGo eyes new markets, to induct Airbus XLR aircraft by December

  IndiGo to expand fleet with Airbus A321 XLR, aiming to tap into new markets and become a global player by 2030.

• 06:43 | June 10, 2025
  

  Stock insights: Railway stocks go off the rails, Kotak analysts flag disconnect between fundamentals, valuations
  

  

  Railway stocks gone off the rails, Kotak analysts flag disconnect between fundamentals, valuations

  Railway stocks surge despite flat capex, analysts warn of disconnect between valuations and fundamentals, driven by prevailing narratives.

• 06:42 | June 10, 2025
  

  Stock market live today: Nifty hits eight-month high led by bank stocks
  

  

  NSE, BSE Top movers today June 9: Sensex, Nifty 50 soar for 4th day, RBI’s policy support boost NBFCs & PSB stocks, Jio, Bajaj Finance, Kotak led gainers

  Equity indices rise on global and domestic cues, financial stocks lead, Nifty at eight-month high, positive market outlook.

• 06:41 | June 10, 2025
  

  Commodities recommendations: Aluminium: Bearish. Go short on rallies
  

  

  Aluminium: Bearish. Go short on rallies

  Aluminium prices on MCX stuck in sideways range, near-term outlook mixed, broader trend bearish, resistance at ₹245-246.

• 06:41 | June 10, 2025
  

  Stock to buy today: Bank of India (₹129.30)
  

  

  Stock to buy today: Bank of India (₹129.30) – BUY

  Bank of India stock uptrend continues, buy at ₹129, target ₹145, with stop-loss at ₹119, trail up to ₹140.

• 06:40 | June 10, 2025
  

  Stock insights: Decoding the high PE conundrum
  

  

  Decoding the High PE Conundrum

  Investors face value vs growth dilemma in current markets, but end-market method offers clarity on investment decisions.

• 06:40 | June 10, 2025
  

  Stock recommendations: Dr. Reddy’s Laboratories: Holding on to a sweet promise
  

  

  Dr. Reddy’s Laboratories: Holding on to a Sweet Promise

  Dr. Reddy’s has benefitted significantly from gRevlimid sales in the US in the last three years. Hyperlink: Dr. Reddy’, drugs, stocks

• 06:39 | June 10, 2025
  

  Technicals: Trading guide for June 10, 2025: Intraday supports, resistances for Nifty50 stocks
  

  

  Day trading guide for June 10, 2025: Intraday supports, resistances for Nifty50 stocks

  Intraday trade recommendations with entry and stop-loss levels based on Technical Analysis, exit levels provided. Risk of loss involved.

Published on June 10, 2025