Overview

Nifty Microcap 250 rises 12.10 pc in May, Smallcap 250 grows 9.59 pc

Nifty Microcap 250 rises 12.10 pc in May, Smallcap 250 grows 9.59 pc

The Nifty Microcap 250 index posted a strong performance in the month of May, rising 12.10 per cent, while the Nifty Smallcap 250 also recorded an impressive 9.59 per cent gain, according to a report released on Saturday.

The broader market remained positive throughout the month, with smaller companies leading the rally, said the latest 'Global Market Snapshot' report by Motilal Oswal Asset Management Company.

Over the past year, the Nifty Microcap 250 grew by 13.74 per cent, and the Nifty Smallcap 250 gained 7.72 per cent, showing continued investor interest in micro and small-cap stocks.

Other major indices also posted gains in May. The benchmark Nifty 50 rose 1.71 per cent, while the Nifty Next 50 and Nifty Midcap 150 advanced by 3.49 per cent and 6.30 per cent, respectively.

SEBI amends IndusInd Bank order, names top executives amid ongoing probe

SEBI amends IndusInd Bank order, names top executives amid ongoing probe

The Securities and Exchange Board of India (SEBI) has issued a corrigendum to its interim order against IndusInd Bank Limited, replacing a key reference to clarify the nature of documents involved in the bank’s internal dealings.

The market regulator said the term ‘board note’ used in its earlier order would now be read as ‘engagement note’.

This correction comes as SEBI continues to investigate accounting irregularities at the private sector lender.

Earlier, the regulator had mentioned that global consulting firm KPMG was appointed by IndusInd Bank in February 2024 based on a ‘board note’.

However, it has now clarified that KPMG’s appointment was actually based on an ‘engagement note’, a less formal document usually used for assigning tasks to external consultants.

192 migrants deported from US return to Venezuela

192 migrants deported from US return to Venezuela

A flight carrying 192 Venezuelan migrants deported from the United States arrived at the Simon Bolivar International Airport in Maiquetia, which serves the capital Caracas area, the Ministry of Interior, Justice and Peace of Venezuela reported.

According to a press release on Friday, the flight, operated by a US-registered aircraft, carried 156 men, 26 women, and 10 minors.

The returned migrants were attended to under established medical, legal, and social protocols.

Since February, Venezuela has been receiving two to three flights per week of individuals deported by US authorities, including those relocated from Mexico and Honduras, reports news agency.

So far in 2025, a total of 5,475 deported migrants have been processed under the government's Plan Vuelta a la Patria, designed to facilitate their return, official figures indicate.

Golf: Diksha rises to tied third place in Tenerife Open

Golf: Diksha rises to tied third place in Tenerife Open

Diksha Dagar added a second-day round of 3-under 69 to her first-round 70 at the Tenerife Women’s Open to move to third place.

The 24-year-old is 5-under for two rounds. She is Tied third and four shots behind sole leader, Lauren Walsh (67-68) who is at 9-under at Abama Golf.

Avani Prashanth played three over par 75 on the second day to fall down the standings to tied 43. Tvesa Malik (73-75), Hitaashee Bakshi (72-76) and Sneha Singh (77-79) failed to make the cut, which was set three over par.

Diksha picked up a shot on the third hole before dropping one on the fifth but immediately got it back on the sixth and grabbed one more on the ninth. On the back nine Diksha made birdies on the 11th and 12th holes. She dropped a double bogey on the 16th hole before recovering with a birdie on the 17th for a 69.

Athiya, Ahan Shetty mourn loss of pet: Can't imagine a home without you

Athiya, Ahan Shetty mourn loss of pet: Can't imagine a home without you

Actor Ahan Shetty and his sister Athiya have mourned the loss of their pet Brody, a husky.

Athiya, who is married to cricketer KL Rahul, took to her Instagram stories, where she shared a post featuring her with Brody and her brother Ahan. She also posted some old pictures and clips of her parents Suniel Shetty and mother Manna playing with their furry friend.

She wrote: “My brodu.. I can't even imagine a life and home without you. Thank you for being the best part of our childhood. Rest in peace my ladoo Ram.”

For Ahan, it was “the hardest goodbye.”

He took to Instagram and posted a string of pictures with Brody, whom he called his brother, safe space and heart.”

'I think it’s the right move': Ponting backs Gill’s elevation as Test captain

'I think it’s the right move': Ponting backs Gill’s elevation as Test captain

Australia legend Ricky Ponting has thrown his weight behind Shubman Gill as India’s new Test captain and outlined how he believes the side could shape up for their upcoming five-Test tour of England — their first without stalwarts Virat Kohli and Rohit Sharma.

Both Kohli and Rohit, two of India’s modern greats, announced their retirements from Test cricket earlier this month, prompting a generational shift as India looks to the future. At just 25, Gill has been entrusted with the captaincy — a move that raised eyebrows among some pundits, but not Ponting.

French Open: Sinner hopes Djokovic isn’t retiring, says 'tennis still needs him'

French Open: Sinner hopes Djokovic isn’t retiring, says 'tennis still needs him'

Jannik Sinner is hoping Novak Djokovic isn’t calling time on his career just yet, saying “tennis needs him” after defeating the Serbian great in straight sets to reach the French Open 2025 final.

The Italian beat Djokovic 6-4, 7-5, 7-6(3) in a high-quality semifinal clash that lasted three hours and 16 minutes on Court Philippe-Chatrier, setting up a title showdown with Carlos Alcaraz.

“First of all, we hope that that’s not the case,” Sinner said in the post-match press conference. “I feel like tennis needs him. Having someone different than the younger guys… from my point of view, it’s so nice to see him in the locker room and having this energy of everything.”

Indian junior women’s hockey team to take on Belgium, Australia, and Netherlands in European leg

Indian junior women’s hockey team to take on Belgium, Australia, and Netherlands in European leg

The Indian Junior women’s hockey team is set to continue its international campaign with a five-match European tour from June 8 to 17, where they will take on Belgium, Australia, and the Netherlands. The team, which recently concluded a promising outing at the Four Nations Tournament in Rosario, Argentina, has now reached Europe for the next leg of international exposure.

India will begin the tour with three matches against Belgium at the Hockey Center of Excellence, Wilrijkse Plein, in Antwerp. They will then face Australia at Beerschot Tennis Hockey Padel Club, in Kontich, before wrapping up the tour with a match against the Netherlands at Hockey Club Kampong, in Utrecht.

Chinnaswamy stampede: CID begins investigation, plans custody for jailed accused amid magisterial probe

Chinnaswamy stampede: CID begins investigation, plans custody for jailed accused amid magisterial probe

The Special Wing of the Criminal Investigation Department (CID) will begin its probe into the Chinnaswamy stampede tragedy, which claimed 11 lives on June 4, starting Saturday. Concurrently, the magisterial enquiry by the Deputy Commissioner of Bengaluru Urban district is also progressing.

Sources confirmed that the CID probe will be headed by SP Shubanvita and Dy SPs Gowtham and Purushottam were named as investigators.

The CID is likely to seek custody of the four arrested accused, who were sent to jail, for questioning on Monday, June 9. The department has already filed a petition in the court for this purpose.

CID sleuths are scheduled to visit the Chinnaswamy Stadium on Saturday to inspect locations where the stampede resulted in deaths and injuries.

Stock market exhibits resilience, RBI’s rate cut icing on the cake

Stock market exhibits resilience, RBI’s rate cut icing on the cake

After starting the week with consolidation, the domestic market exhibited resilience amid concerns over tariff wars and geopolitical escalations, analysts said on Saturday.

Markets consolidated for the third consecutive week but managed to end higher by nearly a per cent, buoyed by favourable domestic cues.

After remaining range-bound for most of the week, benchmark indices surged sharply on Friday and settled near the week’s high, with the Nifty closing at 25,003 and the Sensex at 82,118.99.

“The highlight of the week was the RBI’s policy announcement, which took the market by surprise. The central bank implemented a sharper-than-expected 50 bps repo rate cut and a 100 bps CRR reduction, signalling a strong pro-growth stance. Notably, the policy stance was also shifted from ‘accommodative’ to ‘neutral’ — a move that came sooner than expected,” said Ajit Mishra, SVP, Research, Religare Broking Ltd.

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