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Taiwan to stage five days of combat readiness drills

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No-fly zone for Iran talks disrupted flights at Zurich airport, authorities say

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No-fly zone for Iran talks disrupted flights at Zurich airport, authorities say


No-fly zone for Iran talks disrupted flights at Zurich airport, authorities say

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GPIQ: The Ultimate 9%+ Covered Call Choice For Long-Term Compounding

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Dynex Capital: Intact Earnings Engine Supports A Buy Despite Rising Yields (NYSE:DX)

GPIQ: The Ultimate 9%+ Covered Call Choice For Long-Term Compounding

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Nifty 50 Falls 0.64% as IT Stocks Slide on Accenture’s Weak Guidance

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FTSE 100 Surges 0.8% Today as Oil Eases and Markets

Indian benchmark indices closed lower on Friday, June 19, with the Nifty 50 falling 154.90 points, or 0.64%, to settle at 24,013.10, halting a five-session winning streak as weakness in technology stocks dragged down the broader market.

A Broad Decline Led by Tech

India’s BSE Sensex closed about 0.8% down at 76,803 on Friday, halting a five-day advance, pressured by weakness in tech stocks following revenue growth guidance cut by Accenture. The SENSEX Index decreased 607 points, or 0.78%, to close at 76,803, with the decline led by Infosys, down 6.48%, Tata Consultancy Services, down 3.04%, and HCL Tech, down 2.73%.

The selloff in technology shares was particularly steep during the morning session. India’s BSE Sensex fell about 0.9% to 76,684 at the open on Friday, retreating from a five-day advance as information technology stocks led losses after Accenture’s latest results raised concerns about demand prospects for the sector. Shares of Tata Consultancy Services, Infosys, Tech Mahindra, and HCL Tech fell between 5.1% and 8.1% during the session.

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Broader Market Sentiment Also Under Pressure

Beyond the technology-specific concerns, several macro factors contributed to the day’s weaker sentiment across Indian markets. Market sentiment was also hit by foreign outflows, renewed geopolitical uncertainties and the prospect of higher U.S. interest rates.

That pressure was reflected in foreign and domestic institutional investor activity for the session. Foreign institutional investors recorded net activity of 4,859.07 crore rupees, while domestic institutional investors posted net outflows of 1,159.64 crore rupees on June 19.

Other Notable Decliners

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Beyond the major IT names, weakness extended across several other sectors during Friday’s session. Other notable laggards across sectors included HDFC Bank, down 2.1%, Meesho, down 1.0%, Vedanta, down 1.9%, Bata India, down 4.5%, and Ola Electric, down 2.6%. HDFC Bank and Mahindra & Mahindra were also among the session’s broader laggards, down 2.3% and 2.1%, respectively.

Stocks That Bucked the Trend

Despite the broad-based decline, several companies posted gains during the session, particularly in the defense and infrastructure sectors. On the upside, MTAR gained 3.1%, IFCI rose 5.7%, Paras Defence advanced 6.0%, and HFCL climbed 5.0%.

Among larger-cap names, top gainers included Eternal, up 2.2%, Bharti Airtel, up 1.8%, Power Grid, up 1.3%, and NTPC, up 1%. A separate measure of the session’s strongest performers similarly pointed to Bharti Airtel, up 1.61%, Power Grid, up 1.35%, and Nestlé India, up 1.22%.

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Still Near Recent Highs Despite the Pullback

Despite Friday’s losses, the broader trend for Indian equities over the past week remained positive. Despite Friday’s decline, the benchmark indexes remained near recent highs after gaining in each of the previous five sessions. The index remained on track for a weekly gain of 1.5%. For the week overall, the Sensex advanced by 1.7%, even after accounting for Friday’s pullback.

A Notable Corporate Development: Bajaj Auto Buyback

Beyond the broader market movements, several individual corporate announcements drew investor attention during the session. Bajaj Auto’s board approved a 5,632.8 crore rupee buyback of shares, setting a record date of June 24 — a significant capital return move that gives shareholders a clear date to track ahead of the buyback’s execution.

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Other Corporate News Driving Individual Stocks

Several other company-specific developments also factored into Friday’s trading. Geojit BNP upgraded Ramco Cements to a “Buy” rating, citing higher demand from government spending on infrastructure. Separately, analysts forecasted Prestige’s first-quarter revenue to grow 114% year-over-year, amid higher collections across markets, while Reliance Industries’ subsidiary Jio Platforms approved an IPO draft via a fresh issue of 27 crore shares.

Early Signals From Gift Nifty

Looking ahead to the next trading session, early indicators from Gift Nifty pointed to a modest rebound. Gift Nifty was trading 0.30% higher, at 24,042.00, suggesting at least a partial recovery may be in store when Indian markets reopen, though such early indicators can shift considerably before the regular session begins.

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With Accenture’s revenue guidance cut continuing to weigh on sentiment toward India’s large IT exporters, market participants will be watching whether weakness in technology shares spills over into other sectors in the sessions ahead, or whether Friday’s decline proves to be a temporary pause within the broader five-day uptrend that had carried the market to recent highs. Investors will also continue monitoring foreign institutional investor flows and developments tied to U.S. interest rate expectations, both of which contributed to Friday’s broader risk-off tone across Indian equities alongside the sector-specific pressure from the technology space.

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5 States Losing the Most Big Companies in 2026, and 5 States Cashing In on the Exodus

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Long Beach California

A wave of corporate headquarters relocations continued reshaping the American business landscape in 2026, with high-tax blue states bleeding major companies to lower-cost, business-friendly Sun Belt destinations. Here are five states posting the steepest losses, and five capitalizing the most on the migration.

The Biggest Losers

1. California

No state has felt the corporate exodus more acutely than California. California suffered the nation’s steepest corporate losses. The San Francisco Bay Area posted a net loss of 163 headquarters as Texas posted gains over the same period. Companies leaving California frequently cited taxes, labor rules and soaring living costs as reasons for relocating elsewhere, according to CBRE.

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The Bay Area specifically has emerged as the hardest-hit market nationally. The San Francisco Bay Area lost 156 corporate headquarters between 2018 and 2024, fueled by high taxes and stringent regulations. In just 2024 alone, California lost 17 headquarters, of which 12 moved to Texas. California has lost at least 275 headquarters since 2018, a figure tied to homes at least 50% more expensive than in Texas, along with the fifth-highest tax burden in the country.

High-profile recent examples include Public Storage’s relocation from Glendale to Frisco, Texas, ending a half-century run in California, and Yamaha’s planned shift of its U.S. headquarters from California to Georgia after nearly 50 years in the state.

2. New York

New York has experienced its own accelerating wave of departures, particularly in the financial sector. A wave of high-profile companies has accelerated its departure from New York in 2026, citing soaring taxes, burdensome regulations and a shifting political climate under Mayor Zohran Mamdani as key drivers behind the ongoing business exodus.

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Dallas Mayor Eric Johnson predicted the trend would only intensify. “What was already a trickle is going to turn into a flood,” he said in early 2026 interviews, referring to an anticipated wave of New York finance firms relocating south. Among the firms shifting significant operations away from New York are Elliott Management, AllianceBernstein, and Citadel, each moving key functions or talent to Florida as part of what’s increasingly being called the “Wall Street South” migration.

3. Illinois

Beyond California and New York, other higher-tax states have continued to see corporate departures as companies cite similar concerns over operating costs and regulatory burden. Losing regions faced potential erosion of tax revenue and leadership presence, though many retained substantial employment bases, a pattern consistent with broader departures from states perceived as having heavier regulatory and tax environments.

4. Massachusetts

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Higher-cost metro areas including the Boston region have also factored into the broader relocation pattern, with companies departing in favor of lower operating costs elsewhere. Six companies sought Miami from other U.S. metros such as Los Angeles, the Bay Area, and Boston specifically, according to CBRE’s tracking of relocation patterns into South Florida.

5. New Jersey

Rounding out the states most affected by the relocation trend, New Jersey has continued to see companies migrate toward lower-tax Sun Belt destinations as part of the broader northeastern corporate exodus, following a regional pattern in which businesses cite high operating costs and tax burdens as primary motivating factors for relocation.

The Biggest Winners

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1. Texas

No state has benefited more from the corporate migration than Texas. Texas emerged as the clear winner in corporate headquarters relocations during 2026, attracting dozens of major companies seeking lower taxes, lighter regulation and business-friendly policies. Dallas-Fort Worth led the nation with 111 headquarters relocations between 2018 and 2025, according to a CBRE report, while Austin added 88 and Houston gained 31.

Dallas-Fort Worth in particular has become the nation’s fastest-growing headquarters market, gaining 100 relocations between 2018 and 2024. Today, public companies based in Dallas-Fort Worth hold a combined $1.5 trillion in value — a figure doubling in the past five years. Goldman Sachs, for instance, plans to grow its headcount in Dallas to 5,000, up from 970 in 2016.

2. Florida

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Florida ranked as the other major gainer. The state benefited from its no-income-tax environment, warm climate and appeal to finance and wealth-management firms. Miami continued to brand itself as “Wall Street South,” drawing hedge funds, private equity players and tech executives.

Foot Locker planned to move its headquarters from New York City to St. Petersburg, Florida, in late 2025, with effects carrying into 2026 planning. Two international companies selected Miami due to its strong industry-specific concentrations, including a cosmetics company attracted by Miami’s position as a leading hub for medical spas and dermatological aesthetic clinics.

3. North Carolina

Charlotte continues rising as a major contender for corporate relocations, due to a pro-business environment, tax benefits, growing and diverse talent pools and supportive infrastructure, placing North Carolina among the most active emerging destinations for companies leaving higher-cost states.

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4. Tennessee

Tennessee has also captured meaningful relocation activity, with Nashville continuing to rise as a major contender alongside Charlotte, Miami, and Phoenix. Lumber Liquidators relocated to Tennessee, joining other companies drawn by the state’s favorable tax and business climate.

5. Arizona

Phoenix has also emerged as a significant beneficiary of the broader relocation trend. One international company relocated its headquarters to Phoenix from Canada, part of a broader pattern of Arizona capturing companies seeking lower costs and business-friendly policies, often as an alternative destination for companies leaving nearby California.

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The Scale of the Overall Trend

The cumulative scope of this migration has been substantial. According to a report by CBRE, 561 companies have relocated their headquarters nationwide since 2018, with the research showing many companies reassessing tax climates, operating costs, and growth prospects as they consider a move.

A Nuanced Picture for the “Losing” States

Despite the headline-grabbing departures, some analysts caution against overstating the economic damage to states like California. States like Texas, Florida, and Georgia are winning the war for corporate HQ relocations, but the losses in other states may not be as catastrophic as reported. California suffered a net loss of eight Fortune 500 company headquarters in the past six years, with seven of those losses going to Texas. However, California is still home to 53 Fortune 500 firms, behind only Texas and New York, and its state economy remains the largest in the U.S., with a gross state product of $3.89 trillion.

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Why Companies Are Moving

Industry analysts and officials point to several consistent factors driving the migration pattern. New York’s high corporate and personal income taxes, combined with elevated operating costs, commercial rent pressures and regulatory hurdles, have made southern states attractive. Florida and Texas boast no state income tax, lighter regulations and aggressive economic development campaigns.

Economist Steve Moore offered a blunt assessment of the underlying logic driving the trend. “It is common sense for business leaders to pick places for future financial success rather than economic suffocation,” Moore told Fox News Digital, describing the migration as companies “voting with their feet.”

With proposed tax measures, including California’s potential billionaire tax and continued policy debates in New York, still working their way through state legislatures, analysts expect the relocation trend to continue at a similar or potentially accelerated pace through the remainder of 2026. While CBRE has described recent activity as a “reset” compared to the pandemic-era peak, the underlying directional momentum — favoring low-tax, low-regulation states like Texas, Florida, North Carolina, Tennessee, and Arizona over historically high-cost hubs like California, New York, and other northeastern states — shows no clear signs of reversing in the near term.

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40%

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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40%

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These 9 penny stocks rallied up to 125% in six months. Do you own any? – Hidden Multibaggers

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These 9 penny stocks rallied up to 125% in six months. Do you own any? - Hidden Multibaggers

In the last six months, nine penny stocks delivered impressive gains ranging from 25% to 125%. These outperformers were identified using specific filters: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares. This approach helped spotlight low-priced, actively traded micro-cap stocks exhibiting strong upward momentum.

Penny stocks continue to draw interest due to their low price points and high return potential. However, they come with substantial risks, including low liquidity, sharp volatility, and limited transparency. For investors, success in this space requires more than luck—it demands discipline, thorough research, and a firm grip on risk management. (Data Source: ACE Equity)

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Blake Lively Spotted Solo in New York as Taylor Swift Pre-Wedding Buzz Swirls in Rhode Island

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Blake Lively

Blake Lively was photographed walking alone in Pound Ridge, New York, on Friday, pushing a shopping cart while dressed casually in a white floral long-sleeve top, as rumors intensified around a possible pre-wedding gathering for her longtime friend Taylor Swift at the pop star’s Rhode Island estate.

Photographers captured Lively out by herself amid heightened speculation that Swift’s Rhode Island mansion was hosting an all-female event, potentially a bachelorette party ahead of Swift’s reported wedding to Kansas City Chiefs tight end Travis Kelce. The sighting has fueled discussions about the current state of the friendship between the “Gossip Girl” actress and the global music superstar.

Lively, 38, did not appear distressed during her outing, according to images published by TMZ. However, the solo appearance stands in contrast to reports of Swift being surrounded by close friends at her Watch Hill property this week. Activity around the mansion, including sightings of vehicles and guests, has prompted speculation that the gathering could mark a significant pre-wedding celebration.

The two celebrities have shared a high-profile friendship for years, often appearing together at events and supporting each other’s projects. Lively and her husband, actor Ryan Reynolds, were once part of Swift’s inner circle, frequently joining double dates with Swift and Kelce. Their bond appeared particularly close around the time of Lively’s 2024 film “It Ends With Us,” for which Swift contributed the song “My Tears Ricochet” to the trailer.

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Tensions reportedly emerged following Lively’s high-profile legal dispute with her “It Ends With Us” co-star and director Justin Baldoni. Lively filed a complaint alleging a hostile work environment, which Baldoni denied. Court documents later revealed text messages in which Lively referred to Swift as one of her “dragons,” drawing a “Game of Thrones” analogy in communications related to the production.

While some reports suggested the friends had reconciled after an exchange of messages, Lively’s absence from what appears to be an intimate pre-wedding event has led observers to question the depth of their current relationship. Sources close to the situation have indicated that the friendship may not be as tight as it once was, though no official statements have been made by either party.

Swift, 36, has maintained a relatively private approach to her personal life in recent months as wedding rumors continue to circulate. Speculation points to a possible July 3 celebration at Madison Square Garden in New York, with a guest list reportedly exceeding 1,000 people. Whether Lively and Reynolds will attend remains unclear, though the large scale could accommodate a wide range of invitees.

The entertainment industry has closely followed developments in Lively’s legal matters, which have drawn significant media attention. Baldoni has countersued, leading to the unsealing of various communications. Swift was mentioned in some documents, though she has not been directly involved in the litigation. A settlement was reportedly reached earlier this year between Lively and Baldoni, avoiding a trial.

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Lively has continued her professional work amid the personal and legal scrutiny. She has been involved in various projects, balancing family life with Reynolds and their four children. The couple’s public appearances have been limited as they navigate the aftermath of the publicized dispute.

For Swift, the focus has remained on her music career and relationship with Kelce. The couple’s high-profile romance has been a frequent topic, with fans and media speculating about engagement and wedding plans for months. Swift’s Rhode Island home has long served as a private retreat, hosting gatherings with close friends over the years.

The current buzz around the estate echoes past events where Swift has celebrated milestones with her inner circle. Reports of ladies-only activities align with traditional bachelorette festivities, though details remain unconfirmed. A black SUV was reportedly seen leaving the property, adding to the intrigue.

Industry watchers note that celebrity friendships often evolve under public pressure, particularly when legal or professional conflicts arise. Lively’s reference to Swift in texts during the film production highlighted their closeness at the time, but the ensuing publicity may have strained dynamics.

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Despite the speculation, both women have careers that continue to thrive independently. Lively has upcoming projects in fashion and acting, while Swift’s “Eras Tour” and recent album releases have solidified her status as one of music’s most influential figures.

As wedding rumors for Swift and Kelce persist, the spotlight on their social circle is unlikely to fade. Lively’s solo outing comes at a time when many of Swift’s associates are reportedly converging in Rhode Island, making the contrast noteworthy for fans tracking the stars’ lives.

Observers will continue to monitor public interactions between the pair. For now, Lively appeared to be enjoying a quiet day of errands in her suburban New York community, far from the coastal excitement surrounding her friend.

The situation underscores how personal relationships among high-profile figures play out against a backdrop of intense media scrutiny and professional obligations. Whether this marks a temporary distance or a more significant shift remains to be seen.

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Celtics Legend Cedric Maxwell Affirms LeBron James Belongs in NBA All-Time Top 5

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LeBron James

BOSTON — Boston Celtics great Cedric Maxwell has weighed in on one of basketball’s most enduring debates, declaring that Los Angeles Lakers superstar LeBron James deserves a place among the NBA’s all-time top five players.

Maxwell, a two-time NBA champion with the Celtics, made his comments during a recent appearance on FanDuel’s “Run It Back.” He pushed back against skepticism from some in his generation, citing James’ remarkable longevity, on-court achievements and off-court professionalism as reasons he cannot be excluded from the elite group.

“LeBron James one of my favorite players because of the longevity and what he’s done,” Maxwell said.

“He is one of the top players of all-time. So, I don’t think that you can have five greater players in the NBA than LeBron James and what he’s done for the league and how he’s really handled himself,” Maxwell added.

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The endorsement from the Celtics legend carries particular weight given the historical rivalry between Boston and James’ teams. Maxwell’s perspective stands out in discussions often dominated by comparisons to legends from earlier eras such as Michael Jordan, Magic Johnson, Larry Bird and Kareem Abdul-Jabbar.

James, now in his 40s, continues to defy age as he enters another season with the Lakers. The four-time NBA champion, four-time MVP and four-time Finals MVP became the league’s all-time leading scorer in 2023 and has shown no signs of slowing down significantly. His ability to maintain elite production while adapting to new teammates and systems has fueled arguments for his place in the pantheon.

Maxwell highlighted James’ consistency and character as key factors.

“A guy who has been no trouble, won championships, and you think about the personnel that have been around him and other personnel that have been around him – you don’t have that with LeBron,” Maxwell said.

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This assessment underscores a broader shift in how some former players view James’ career. While debates about the greatest of all time remain subjective, Maxwell’s comments reflect appreciation for sustained excellence over more than two decades. James has led teams to the NBA Finals with three different franchises — the Cleveland Cavaliers, Miami Heat and Lakers — demonstrating versatility rarely seen in the sport’s history.

The 21-time All-Star’s statistical dominance is unparalleled in many categories. Beyond the scoring record, he ranks high on the all-time lists for assists and steals. His playoff performances, including multiple comebacks from 3-1 deficits, have cemented his reputation as one of the most clutch performers the game has produced.

Off the court, James has built a significant business empire and maintained a relatively scandal-free public image, which Maxwell noted as part of his legacy. This professionalism has allowed him to remain a global ambassador for the NBA while navigating the intense scrutiny that comes with being one of the league’s faces for over 20 years.

The timing of Maxwell’s remarks adds interest as the NBA offseason continues. Speculation around James’ future, including reports of teams like the Golden State Warriors showing interest, keeps him in the headlines even as he prepares for what could be another competitive chapter with the Lakers.

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Maxwell’s viewpoint contrasts with those who argue that players like Wilt Chamberlain, Bill Russell or Kobe Bryant might edge James out due to era-specific achievements or stylistic preferences. Yet the Celtics alum focused on tangible contributions and durability.

James’ career trajectory includes four championships, but also notable individual honors that span different phases of his evolution. From his early days as a high school phenom in Akron, Ohio, to leading the Heat to back-to-back titles and delivering a long-awaited championship to Cleveland in 2016, his resume features moments that transcended basketball.

Analysts and fans continue to dissect these accomplishments. Some emphasize rings, while others point to advanced metrics showing James’ efficiency and impact on winning. His high usage rates combined with low turnover percentages over extended periods highlight a level of basketball IQ that has only improved with experience.

For Maxwell, who won titles with the Celtics in 1981 and 1984, the respect for James appears rooted in an understanding of the physical and mental demands of the modern NBA. The league today features a faster pace, greater emphasis on three-point shooting and more rigorous travel and recovery schedules compared to previous decades.

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James has not only adapted but thrived, often playing heavy minutes in both regular season and postseason while maintaining MVP-caliber production. His influence extends to player empowerment, as his decisions in free agency helped reshape how stars approach their careers.

The broader conversation about the top five typically includes Jordan, often ranked first by many, followed by a mix of Abdul-Jabbar, Johnson, Bird and others. Inserting James requires displacing one of these icons, a proposition that sparks passionate disagreements among fans and media.

Maxwell’s comments may not settle the debate, but they add a credible voice from a champion of a previous generation. His willingness to elevate James speaks to the cross-era respect that the Lakers forward has earned through consistent performance.

As James approaches the twilight of his playing days, these discussions are likely to intensify. Whether he adds to his championship tally or not, his place in history appears secure according to observers like Maxwell. The longevity Maxwell praised has allowed James to rewrite records while remaining a focal point for his team.

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Lakers fans and NBA followers alike will watch closely as the next season unfolds. James’ leadership continues to be a cornerstone for a franchise with championship aspirations. His work ethic and preparation have become benchmarks for younger players entering the league.

Maxwell’s endorsement also reflects evolving criteria for greatness. In an era of superteams, load management and expanded playoffs, measuring impact requires nuance. James’ ability to elevate teammates and sustain excellence amid constant change stands out.

The Celtics-Lakers rivalry, one of the NBA’s most storied, adds another layer. Maxwell’s comments bridge that divide, offering praise from a Boston icon for a player who has frequently faced off against Celtics teams in the playoffs.

Basketball historians will continue weighing these arguments for years. For now, Maxwell has made his position clear: LeBron James belongs in the conversation with the greatest to ever play the game.

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His perspective contributes to a rich tapestry of opinions that keep NBA discourse vibrant. As the league prepares for another season, James remains a central figure whose legacy continues to grow.

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Ahead of Market: 10 things that will decide stock market action on Monday

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Ahead of Market: 10 things that will decide stock market action on Monday
The sharp rally in Indian equities lost momentum on Friday, with the Sensex and Nifty slipping deep into the red and snapping a five-session winning streak, as heavy selling in IT stocks, weak global cues and other headwinds weighed on investor sentiment. Sensex tumbled 607 points to close at 76,802.90, while Nifty 50 declined 155 points to end the session at 24,013.10. This came after the benchmark indices had jumped up to 5% over the past five sessions.

Here’s how analysts read the market pulse

The equity market witnessed profit booking following the recent relief rally, as investor sentiment was dampened by the unexpected cancellation of peace talks between the US and Iran, said Vinod Nair, Head of Research at Geojit Investments. He noted that the IT index experienced a sharp correction, driven by Accenture’s softer outlook, which has heightened concerns over discretionary and digital spending. “In the near term, investors are likely to adopt a cautious tone, with participants awaiting greater clarity on the peace deal and monitoring the slow progress of the southwest monsoon. Nevertheless, a buy-on-dips strategy appears prudent, supported by the current comfort in oil prices and expectations of an earnings revival in H2FY27,” he added.

US Stocks

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US markets remained closed on Friday for the Juneteenth holiday. In the previous session, Wall Street had rebounded sharply, with the S&P 500 gaining 1.1 per cent, the Dow industrials rising 0.1 per cent and the Nasdaq Composite surging 1.9 per cent on strong technology-led buying.

European markets
European markets ended lower on Friday as investors remained cautious amid geopolitical uncertainty and delayed talks between Iran and the United States. Germany’s DAX slipped 0.16 per cent to close at 24,985.82, while France’s CAC 40 declined 0.55 per cent to 8,421.14. Britain’s FTSE 100 also fell 0.35 per cent to end at 10,363.27, reflecting subdued sentiment across the region.
Tech view
The Nifty snapped its five-session winning streak and formed a small-bodied bullish candle on the daily chart, Nilesh Jain, VP and Head of Technical and Derivative Research at Centrum Finverse, highlighted. Despite the intraday weakness, the index witnessed a strong recovery from lower levels and managed to close above the 24,000 mark on a weekly basis, he added.
“The broader trend remains positive as the index continues to trade above its short-term 50-DMA, placed at 23,840, keeping the possibility of a gradual move towards 24,400 intact in the near term. Momentum indicators also remain supportive, with the MACD sustaining a buy crossover and the RSI holding above the 60 mark, indicating a bullish undertone. Meanwhile, India VIX declined 13% during the week to settle below 13, and any further moderation in volatility could provide additional support to the market’s positive sentiment,” the analyst said.

“Overall, the technical outlook remains bullish, with support placed at 23,900 and positional support at 23,800, while resistance is seen in the 24,200–24,250 zone. A buy-on-dips strategy should be adopted,” said Vatsal Bhuva, Technical Analyst at LKP Securities.

Most active stocks in terms of turnover
Infosys (Rs 4,767 crore), Reliance Industries (Rs 3,279 crore), Bharti Airtel (Rs 3,034 crore), TCS (Rs 2,776 crore), HDFC Bank (Rs 2,639 crore), New India Assurance (Rs 2,366 crore), and IFCI (Rs 1,773 crore) were among the most active stocks on the NSE in value terms. Higher activity in a counter in value terms can help identify the counters with the highest trading turnovers in the day.

Most active stocks in volume terms
Vodafone Idea (Traded shares: 41.62 crore), IFCI (Traded shares: 20.58 crore), Suzlon Energy (Traded shares: 13.99 crore), Yes Bank (Traded shares: 13.25 crore), New India Assurance (Traded shares: 11.96 crore), Ola Electric (Traded shares: 10.91 crore) and Zee Entertainment Enterprises (Traded shares: 7.5 crore) were among the most actively traded stocks in volume terms on NSE.

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Stocks showing buying interest
New India Assurance, Transformers & Rectifiers, Berger Paints, Schloss Bangalore, Caplin Point, ITC Hotels and Aafhar Housing Finance were among the stocks that witnessed strong buying interest from market participants.

52-week high
Among the ones which hit their 52-week highs on the NSE were Schloss Bangalore, Caplin Point, GE T&D India, HFCL, Carborundum Universal, Anand Rathi Wealth and Craftsman Automation.

Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were FACT, Infosys, Bata India, Adani Wilmar, ICICI Pru Life, LTI Mindtree and Balrampur Chini.

52-week low
Among the ones that hit their 52-week lows on the NSE were Infosys, LTIMindtree, TCS, EID Parry, Tata Elxsi and Wipro

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Sentiment meter favours bulls
Out of the 3,401 stocks that traded on the NSE on June 19, Friday, 1,760 stocks witnessed advances, 1,522 saw declines, while 119 stocks remained unchanged.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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10 Father’s Day Gift Ideas for 2026, From Pocket Knives to a World Cup Jersey

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10 Father's Day Gift Ideas for 2026, From Pocket Knives

With Father’s Day 2026 landing on Sunday, June 21, gift guides across the country have rounded up their top picks for dads, husbands, and father figures of every type. From timeless tools to tech gadgets and a nod to this summer’s biggest sporting event, here are 10 gift ideas drawing attention this year.

1. A Classic French Pocket Knife

For dads who appreciate enduring, well-made design, a century-old French staple continues to top gift lists. You know a product is good when it remains more or less unchanged for over 100 years. Case in point: Opinel has made its No.08 pocket knife in France for more than a century, sticking to the same simple, elegant design. Its sharp stainless steel blade is great for preparing charcuterie boards and opening Amazon packages, making it useful well beyond outdoor excursions.

2. A Cast-Iron Skillet for the Cooking Dad

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For dads who love to cook, a budget-friendly kitchen staple consistently earns top marks. For less than $25, you can buy him a near-indestructible pan that perfectly sears steaks, browns potatoes, and bakes cornbread. That makes Lodge’s cast-iron skillet one of the best deals in cookware and an ideal gift for guys who cook.

3. A Slim Wallet Upgrade

For dads still carrying a bulky, outdated wallet, a sleek minimalist option has emerged as a favorite. The Ekster Senate Cardholder is a top pick for slim wallets. Its overall design and exquisite packaging make it a great gift. It includes an elegant-looking cash strap and single cardholder to hold bills on the outside, with a slot for things like a transit card.

4. Noise-Canceling Sleep Accessories

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For dads who struggle to get quality rest, several reviewers have pointed to a specific combination of sleep products. Give the gift of blessed darkness with a well-designed sleep mask that’s affordable and effective at blocking light for most face shapes and head sizes. Pairing it with an adjustable pillow made of shredded memory foam, which earns excellent ratings for support regardless of sleep position, rounds out a sleep-focused gift package that several testers have praised as versatile and long-lasting.

5. A Recovery-Focused Massage Device

For dads dealing with sore muscles after workouts, yard work, or simply a long week, a compact massage tool has drawn praise for its quiet, portable design. The ultraportable Theragun Mini was noted as one of the quietest massage devices tested, making it a practical option for dads who want relief without the bulk of larger devices.

6. Outdoor Power Tools for the Yard Work Enthusiast

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For dads who take pride in their lawn and garden, lightweight, easy-to-use power equipment has become a popular gift category. A corded electric chainsaw well-suited for lighter work close to the house — like trimming hedges or cutting a small amount of firewood — earns praise for being easy to control thanks to its light weight, at just 11 pounds. Similarly, a battery-powered edger and trimmer that performs as well as gas models in testing, while weighing just 9 pounds, offers an easy-to-start, easy-to-operate alternative for dads who enjoy time outdoors.

7. A World Cup Jersey for Soccer-Loving Dads

With Father’s Day falling during the 2026 World Cup, several gift guides have specifically highlighted soccer jerseys as a timely and meaningful option this year. Father’s Day falls during the World Cup this year, so a jersey from the team your dad is rooting for is an ideal present if he’s a fan. One gifting expert specifically recommends buying a replica jersey rather than an authentic version. “Replica or stadium jerseys from brands like Nike are a high-quality, more affordable alternative for fans than the authentic versions, which are better for actual gameplay,” the expert said. “That way, your dad gets all the fanfare and excitement of getting a jersey, but you don’t have to break the bank.”

8. A Personalized Pet Portrait

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For dads who have grown unexpectedly attached to a family pet, a sentimental and personalized gift idea has resonated with gift-givers this year. One writer described an Etsy portrait featuring a dad and his actual favorite child — referring affectionately to the family dog — as one of the best gifts both given and received, suggesting it as a heartfelt option for dads whose pets have become inseparable companions.

9. A Subscription Built Around History

For dads with a passion for historical trivia and documentaries, a monthly subscription service has emerged as a thoughtful, ongoing gift rather than a single one-time present. All dads love history, according to one gift guide. If a father spends his free time watching World War II documentaries or casually bringing up obscure military trivia, a monthly subscription delivering cool historical writings straight to his door offers a recurring source of enjoyment well beyond the holiday itself.

10. Premium Travel Luggage

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For dads who could use an upgrade from old, worn-out luggage, a well-built travel case has drawn attention for both its durability and its emotional resonance as a gift. “It’s always nice to get something that I wouldn’t buy myself, and I would normally never buy myself a piece of luggage — I’d just use what I’ve had forever,” said Gary Malin, a 57-year-old father of two from New York City, describing why thoughtfully chosen luggage can make such a meaningful gift.

What Dads Actually Want

Beyond specific product categories, gift guide researchers who interviewed real fathers found two consistent themes shaping what dads genuinely appreciate. Two common themes emerged after weeks of interviewing dads from around the world: most fathers appreciate gifts that center around products they wouldn’t normally buy for themselves, and anything that involves making and preserving memories with loved ones. When asked directly what they wanted, “nothing” and “quality time with family” were common answers, but comfy sneakers, cool tech gadgets, and anything featuring their kids’ picture also reliably make dads happy.

A Reminder on Timing

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With the holiday now just days away, gift guide writers have emphasized the importance of acting quickly to ensure deliveries arrive on time. Most shipping deadlines start creeping up around the second week of June, and even earlier if personalization is involved — a detail worth keeping in mind for anyone still finalizing their Father’s Day shopping plans this week.

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