Following disappointing inflation readings from China, Indian #stockmarket extended its weakness for second straight session on Friday.

https://www.livemint.com/market/stock-market-news/buy-or-sell-anuj-gupta-of-iifl-securities-recommends-five-stocks-to-buy-today-12th-june-11686531490879.html

The US Federal Reserve is expected to keep interest rates unchanged in its June 13-14 meeting, according to economists polled by Reuters.

https://www.livemint.com/market/stock-market-news/global-market-sgx-nifty-cpi-inflation-to-us-fed-key-triggers-for-indian-stock-market-11686532995733.html

On account of disappointing #inflation data from #China, Indian stock market extended sell off for seconds straight session on Friday.

https://www.livemint.com/market/stock-market-news/day-trading-guide-for-today-six-buy-or-sell-stocks-for-monday-june-12-11686534727649.html

#StocksToWatch | Here are the top 10 stocks that could be in focus in today's trade:

https://www.livemint.com/market/stock-market-news/stocks-to-watch-sbi-icici-lombard-cyient-allcargo-tvs-motors-go-fashion-11686529334630.html

After closure of Q4 results season, #stockmarket investors are eagerly waiting for additional rewards that listed entities have declared during announcement of their quarterly numbers.

https://www.livemint.com/market/stock-market-news/dividend-stocks-icici-lombard-to-cyient-six-shares-to-trade-ex-dividend-today-11686538431845.html

US companies have announced startling job cuts in May this year, beating the record of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc. #Layoffs2023

https://www.livemint.com/news/world/layoffs-loom-in-us-companies-over-80-000-job-cuts-in-may-this-year-11686540345164.html

The Indian #rupee opened flat to positive against the US dollar on Monday amid weakness in Asian currencies.

The local unit opened at 82.44 a dollar, 2 paise higher as compared to Friday’s close of 82.46.

https://www.livemint.com/market/commodities/rupee-opens-2-paise-higher-at-82-44-against-us-dollar-11686540661497.html

India’s options frenzy rose to a crescendo in May despite regulatory warnings, with #Nifty and #BankNifty options volumes hitting a record 5.64 billion contracts.

https://www.livemint.com/economy/retail-investors-pile-into-options-despite-warnings-11686497526670.html

Free trade talks between #India & #Israel have hit the skids over the movement of Indian IT professionals & the perception that Israel would stand to gain more from the mismatch in the size of the two economies.

https://www.livemint.com/economy/indiaisrael-free-trade-talks-stalled-over-movement-of-indian-it-professionals-and-mismatched-economies-11686500170051.html

The recent resolution of the debt ceiling debate has cleared a cloud that was hanging over US equity market, but there are risks of growth slowdown.

https://www.livemint.com/market/mark-to-market/the-fii-em-affair-it-s-complicated-11686498458515.html

Analysts and brokerage firms believe the IT behemoth is well-positioned to withstand the pressure going ahead.

https://www.livemint.com/market/stock-market-news/tcs-well-positioned-to-withstand-weakening-macro-environment-heres-what-motilal-oswal-says-11686543666578.html

Cheaper stainless #steel imports from #China have flooded the Indian market, leading to small and medium enterprises operating at just 30% of their capacity because of weak demand for local products.

https://www.livemint.com/economy/indian-companies-suffer-as-chinese-steel-floods-market-11686506460522.html

Hungarian-born American investor #GeorgeSoros is handing over control of his $25 billion empire to his 37-year-old son #AlexanderSoros.

He also admitted that he was unwilling to hand over the reins of the Open Society Foundations to any of his five children, but added that 'Alex' had earned it.

Read here: https://livemint.com/companies/people/george-soros-hands-over-reins-of-his-25-billion-empire-to-more-political-son-alex-11686530756440.html

Telcos argued that the lack of testing, monitoring, and regulation of smart meters could make smart grid systems under the National Smart Grid Mission vulnerable to hacking and operational disruptions.

https://www.livemint.com/economy/telcos-push-for-secure-smart-meters-with-licensed-spectrum-11686507579246.html

The Registrars of Companies (RoCs) will sharpen their oversight and enforcement efforts against company law violators later this year as ongoing reforms to cut red tape free them from routine work.

https://www.livemint.com/news/india/indias-registrars-of-companies-to-focus-on-enforcement-as-reforms-cut-red-tape-11681064733082.html

Investor Basant Maheshwari has hinted at a possible bubble in the #artificialintelligence (AI) sector in the US.

In his BM Equity Report, Maheshwari advised investors to participate in potential bubbles rather than fear them.

https://www.livemint.com/market/stock-market-news/are-we-in-an-artificial-intelligence-bubble-basant-maheshwari-says-bubble-phase-a-good-opportunity-to-make-money-11686551348378.html

Judging purely by the steady stream of Western executives crossing the Pacific, #China is picking up where it left off before the onset of Covid-19.

https://www.livemint.com/companies/is-doing-business-in-china-becoming-impossible-for-foreigners-11686543331388.html

Former Italian Prime Minister #SilvioBerlusconi has passed away at the age of 86 after battling serious health issues that led to his hospitalisation in recent months.

He was first hospitalised in 2020 for a lung infection after contracting COVID-19.

Read here: https://www.livemint.com/news/world/silvio-berlusconi-former-italian-pm-dies-at-86-11686560556562.html

Four-time Italian prime minister and billionaire media tycoon #SilvioBerlusconi, who died today at the age of 86, never publicly indicated who should lead his business empire after his death.

https://www.livemint.com/news/silvio-berlusconi-dies-who-will-take-over-ex-italian-pms-business-empire-11686562245000.html

The steel industry is witnessing robust domestic demand but facing significant challenges in terms of exports, according to a comprehensive report released by CareEdge Advisory & Research.

https://www.livemint.com/industry/manufacturing/steel-industry-sees-strong-domestic-demand-but-significant-export-challenges-report-11686566747078.html

India's consumer price index (#CPI) inflation eased sharply to 4.25% in May 2023 - hitting a 25-month low & also coming in below RBI's upper tolerance limit for the third straight month.

Read here: https://www.livemint.com/economy/at-4-25-retail-inflation-hits-25-month-low-in-may-2023-falls-below-rbis-upper-tolerance-limit-for-2-months-in-a-row-11686570443719.html