Honasa Consumer, Rashi Peripherals in focus as Nifty tumbles 1.16% tracking KOSPI rout

Indian benchmarks slid sharply with Sensex shedding 893 points to 76,200 and Nifty falling 278 points to 23,824. Consumer-facing names Honasa Consumer (Mamaearth parent) and electronics distributor Rashi Peripherals are among stocks in focus. Government separately announced a 2% OFS stake sale in IRFC starting Wednesday.

— Source publishedWed, 24 Jun, 2026, 06:34 IST·First seen Wed, 24 Jun, 2026, 07:30 IST·Source The Hindu BusinessLine

What happened

Indian markets fell sharply tracking KOSPI's plunge, with Nifty down 1.16%. Stocks in focus include Honasa Consumer and Rashi Peripherals among consumer/retail

Key facts

  • Nifty -278.80 points
  • Sensex -893.39 points
  • Nifty 23,824.10
  • Sensex 76,200.68
  • IRFC OFS 2% stake

Why this matters

Sharp index pullbacks tighten valuation windows for IPO-vintage consumer brands like Honasa, opening opportunistic stake-build or strategic partnership conversations while sellers reassess standalone trajectories.

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