Stock Market Live Updates 17 June 2025: Stock to buy today: UTI AMC (₹1,265) – BUY

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Sakorn Sukkasemsakorn

• 06:41 | June 17, 2025
  

  Stock market live updates today: Zee Entertainment approves raising ₹2,237.44 crore by issuing 16.95 crore fully convertible warrants to promoter group entities at ₹132 per warrant
  

  On June 16, 2025, Zee Entertainment Enterprises Ltd (ZEEL) announced that its board approved raising ₹2,237.44 crore by issuing 16.95 crore fully convertible warrants to promoter group entities, Altilis Technologies and Sunbright Mauritius, at ₹132 per warrant. This move aims to support strategic growth and enhance financial stability, increasing the promoters’ stake from 3.98% to 18.39%. The warrants are convertible into equity shares within 18 months, with 25% (₹33) paid upfront and 75% (₹99) due upon conversion. The decision aligns with ZEEL’s plans to strengthen its digital platform ZEE5 and regional content, targeting 8-10% ad revenue growth and 18-20% EBITDA margins.

• 06:40 | June 17, 2025
  

  Stock market live updates today: HDB Financial Services, a subsidiary of HDFC Bank, to launch a ₹12,500-crore IPO by June-end
  

  HDB Financial Services, a subsidiary of HDFC Bank, is set to launch a ₹12,500 crore IPO by June-end 2025, potentially the largest by an Indian NBFC. The IPO includes a ₹2,500 crore fresh issue and a ₹10,000 crore offer-for-sale (OFS) by HDFC Bank, which holds a 94.3% stake. The company targets a post-money valuation of approximately $7.2 billion (₹62,000-65,000 crore). SEBI approved the IPO in May 2025, aligning with RBI’s mandate for upper-layer NBFCs to list by September 2025. The tentative opening date is June 24, 2025, with a price band of ₹750-₹800 per share. HDB Financial reported ₹14,171 crore in revenue and ₹2,460 crore in net profit for FY24, with assets under management exceeding ₹70,000 crore.

• 06:39 | June 17, 2025
  

  Stock market live updates today: Fund Flow Activity:
  

  16th June 2025

  Turnover: (NSE + BSE)

  Cash Volume: 91120.68 + 6743.62 Total: 97864.3

  F&O Volume: 7768018 + 9678321.31 Total: 17446339.3

  Provisional Cash

  FII/FPI: NET SELL: -2539.42

  (10,029.64 – 12,569.06) 

  DII: NET BUY: + 5,780.96

  (14,147.65 – 8,366.69)

• 06:38 | June 17, 2025
  

  Stock market live updates today: Stock to buy today: UTI AMC (₹1,265) – BUY
  

  The outlook for UTI Asset Management Company (AMC) is bullish. The stock has been in an uptrend since mid-March this year and remains intact. Within this uptrend the stock seems to be consolidating for now. Support is in the ₹1,200-1,170 region. We expect the uptrend to resume and take UTI Asset Management Company (AMC) share price up to ₹1,400 in the coming weeks. 

  

  Stock to buy today: UTI AMC (₹1,265) – BUY

  Bullish outlook for UTI Asset Management Company (AMC) stock, with potential to reach ₹1,400; buy at ₹1,265, stop-loss at ₹1,160.

Published on June 17, 2025