Govt restricts bulk fuel buying; Tata Motors PV to raise vehicle prices, & more
Friday, 12 June 2026
Markets opened significantly above yesterday’s closing point.
Nifty 50 opened higher due to positive global sentiments over easing US-Iran tensions.
All sectors’ stocks rose today except for the IT stocks. Realty stocks and private bank stocks rose the most.
Global markets: US markets and Asian markets rose. European markets rose (as of 6 pm IST).
News
India’s annual inflation rate rose to 3.93% in May (vs 3.48% in April).
India’s forex reserves fell by $0.71 billion to $681.61 billion in the week that ended on 5 June.
The government has banned industrial and commercial users from buying bulk petrol and diesel at retail petrol pumps. Retail diesel purchases are now capped at 200 liters per vehicle daily for the next 90 days.
SEBI has proposed to harmonize the base price and price bands (circuit limits) for stocks that are listed on multiple exchanges (NSE and BSE). This is to prevent illiquid shares from having price disparities across different exchanges when they are actively traded on one platform but not on the other.
Stocks
Adani Enterprises: company’s joint venture, AdaniConneX Pvt Ltd, acquired a 100% stake in Madhuvanti Build Estate Ltd from Adani Infra (India) Ltd for Rs 765.25 crore to develop infrastructure facilities.
Tata Motors Passenger: will increase prices of its passenger vehicles, including EVs, by up to 1.5% from 1 July due to rising input costs.
Hitachi Energy India: will invest around Rs 2,000 crore to set up a large power transformer manufacturing facility in Vadodara, Gujarat.
JSW Energy: subsidiary, JSW Neo Energy Ltd, commissioned the 150 MW Tidong hydropower project in Kinnaur, Himachal Pradesh, taking its total installed capacity to around 13,900 MW.
Sun Pharma: fixed 7 July as the record date for the final dividend of Rs 5 per share.
Word of the Day
Exceptional Items
These are significant one-time gains or losses that are not part of a company’s regular business operations.
They are disclosed separately to help investors understand the company’s normal operating performance without temporary distortions.
Exceptional items can increase or reduce profits significantly in a particular period.
Example: restructuring costs, major asset sales, legal settlements, etc.
6 Day Course
Theme: economy vs stock markets
Day 5: Friday
The economy’s health and the stock markets of a country are somewhat linked to each other. But not fully.
The stock markets are made up of companies that operate in the economy.
In such cases if the economy is not doing well, the stock markets cannot continue doing well for too long.
But if the stock market is made up of companies that are internationally exposed, it is possible that the stock markets might continue doing well while the country’s economy does poorly.
On the other hand, it is possible that the economy of a country does well, but the stock markets fail to deliver good returns.
This can happen because of various factors.
Example: maybe a bulk of the economy’s growth is coming from companies that are not listed on the stock markets (small and medium enterprises).
There can be other reasons for both too — but the point remains. They do not necessarily move in sync always.
Featured Question
Q. “I have watched many finance videos they tell that 1Cr is required which quickly compounds.. why not 10lakh or 50lakhs”
It’s just a value they are choosing for psychological effect.
Compounding is the same across all amounts. It’s just that for us, returns feel better with larger amounts.
Example:
There’s a mutual fund that gives a return of 15% per annum (let’s say).
Case 1: You have invested Rs 5,00,000
After one year your invested value goes up by Rs 75,000 (that’s 15%).
Case 2: You have invested Rs 2,00,00,000
After one year your invested value goes up by Rs 30,00,000 (that’s also 15%).
The rate of return is the same in both cases but the second case might make you feel much more happy because it is a higher amount in absolute terms.
Rs 75,000 might get you a nice phone. But that’s it.
Rs 30,00,000 can get you one or multiple cars as well as nice phones.
Even though you might not buy those things, you might feel nicer knowing how much more you can afford with your invested amount.
So many finance influencers and channels say that this ‘feeling’ gets better after Rs 1 cr. Below that, it doesn’t feel like much.
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