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ensex Today, Nifty 50 | Stock Market Highlights - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 1st June 2026.
The U.S. struck Iranian military sites and Iran’s Revolutionary Guards said they had targeted a U.S. base in response, in the latest exchange of attacks amid negotiations to end the three-month-old war.
India’s Nifty 50 fell 0.7% to 23,382.6 and the Sensex lost 0.68% to 74,267.34. The indexes have fallen 2.7% and 2.9%, respectively, over four sessions.
Fourteen of the 16 major sectors fell while the broader small-caps and mid-caps dropped 0.9% and 1.5%, respectively.
Overseas investors sold a record $2.22 billion of shares on Friday when index provider MSCI’s May rebalancing came into effect.
Heavyweight financials, which make up a large portion of foreign portfolio investors’ holdings of Indian shares, slipped 1.4%.
Consumer goods and automobile shares shed 1.7% and 2.3%, respectively, as the forecast of the weakest monsoon showers in 11 years fueled concerns over crops, food prices and economic growth.
On the flip side, IT shares rose 2.7% after strong earnings from U.S.-based tech firm Snowflake lifted global software-as-a-service, cloud and IT service firms.
“Nifty 50 companies have recorded eight consecutive quarters of single-digit earnings growth. If there is no resolution to Iran war in the near term and crude prices sustain between $90 to $100 per barrel, FY27 earnings estimates could be downgraded as well,” said Sunny Agrawal, head of fundamental equity research at SBICAPS Securities.
Investors await the Reserve Bank of India’s policy decision on Friday.
The central bank is expected to keep rates unchanged, although a majority of economists polled by Reuters expect at least one increase by year-end due to risks from high oil prices and pressure on the rupee from weak capital inflows.
- June 1, 2026 15:54
This live blog is now closed.
- June 1, 2026 15:53
Forex
Rupee ends little changed on two-way foreign portfolio flows, merchant hedging
- June 1, 2026 15:53
Quarterly results
HGS reports ₹8.2 crore loss in Q4; revenue falls 6.5% to ₹1,085 crore
- June 1, 2026 15:41
Commodities
COMMODITIES | OIL: NORMALISATION ON THE DISTANT HORIZON?
By Norbert Rücker, Head Economics and Next Generation Research, Julius Baer
Three months into the conflict in the Middle East, the oil shock has proved both more enduring than initially expected and less threatening than feared given its duration. Looking ahead, our confidence in an incremental normalisation has increased. While diplomacy remains in gridlock and could surprise, the risks of a full-scale military re escalation diminish over time. Energy trade through the Strait of Hormuz should continue to grow incrementally as pragmatism prevails. An easing of the supply shock does not require a lasting diplomatic solution. Taking into account the overheated bullish market mood, we expect oil prices to be under increased pressure in the near term and have thus shifted our view to Cautious. Given our belief that the market will return to the new-old normal of surplus supplies, which might even be more pronounced after the crisis, we have entered a short position further down the futures curve. In short, the pattern of geopolitics triggering a short-lived oil price shock should also prevail this time.
Three months into the conflict in the Middle East, the oil shock has proved both more enduring than initially expected and less threatening than feared given its prolonged duration. Looking ahead, the uncertainty of whether Middle Eastern oil finds its way back to the market later this year is less likely a question of ‘if’ and more so of ‘how’ and ‘how fast’. While the United States and Iran have been in negotiation gridlock for a while, the fact that a full-scale escalation has not materialised should be a sign of comfort by itself. One could argue that the longer this gridlock persists – even though a memorandum seems to be close to agreement – the lower the risks of escalation are, as its costs increase over time – not least in light of approaching US elections. Beyond politics, energy trade through the Strait of Hormuz is picking up incrementally. We still believe that these dynamics hint at more pragmatism in the context of the broad common interest of trade resumption, which is shared by some of the Gulf-locked oil exporters, Asian buyers, and Iran itself, which is dependent on various trade partners beyond oil. This pragmatism builds on bilateral dealmaking with Iran and a likely more benign assessment of the military risks. Importantly, more trade through the Strait of Hormuz should only attract more interest to exploit this opportunity. An easing of the supply shock does not require a lasting diplomatic solution. Oil tends to find its way from sellers to buyers over time, especially when prices are elevated. In the meantime, and thanks to unconstrained trade, the risks of regional fuel shortages have diminished. Looking at market sentiment and the futures positioning, we see chances that the crowded trade on further rising prices could unwind over the coming weeks. Usually, such a positioning reversal pressures prices in the short term. To summarise, the combination of either incrementally or more swiftly easing fundamentals and the likely cooling of the overheated market mood should be bearish for oil prices. As a consequence, we have shifted our view from Neutral to Cautious and reiterate our forecasts for prices dropping into the USD 70s later this year. Put differently, our confidence in the near-term outlook has increased. With meaningful infrastructure damage largely absent and most oil wells in the Middle East still producing, a recovery to pre-crisis supply levels could happen comparably swiftly. The oil market will very likely return to a lasting supply surplus, which might be even more pronounced than last year given the United Arab Emirates’ exit from the Organization of the Petroleum Exporting Countries (OPEC), the shift of Asian petrochemicals demand from oil-based to natural gas-based feedstocks, and the accelerated energy transition in some regions. Our view of this new-old world order does not seem to be reflected in the longer-dated oil futures. Thus, we have underpinned our beliefs with a short position in the market. The bull scenario remains unchanged and includes a meaningful re-escalation of the conflict, a lasting output shock, and the need for demand destruction to balance supplies.
- June 1, 2026 15:40
Quarterly results
HGS reports Q4 and FY2026 financial highlights
Financial Highlights for Q4 FY2026 HGS consolidated (including BPM and Digital Media businesses)
Revenue from operations was ₹1,084.7 crore. Total income stood at ₹1,254.6 crore. Total EBITDA stood at ₹197.1 crore with EBITDA margins at 15.7 per cent for the quarter.
Financial Highlights for Full-year FY2026 HGS consolidated (including BPM and Digital Media businesses)
Revenue from operations was ₹4,307.4 crore. Total income stood at ₹4,857.0 crore. Total EBITDA stood at ₹648.6 crore with EBITDA margins at 13.4 per cent for the full year.
- June 1, 2026 15:38
Sensex nosedived 508.40 pts or 0.68%, to close at 74,267.34, and Nifty 50 depreciated 165.15 pts or 0.70% to 23,382.60.
- June 1, 2026 15:37
Companies
Greenply Industries Marks Another Clean Energy Milestone with Second Power Purchase Agreement at Vadodara Plant
Renewable energy integration strengthens Greenply’s sustainability roadmap through enhanced energy security, operational efficiency, and reduced carbon footprint
Vadodara, 1st June, 2026: Greenply Industries Limited has commissioned its second Power Purchase Agreement (PPA) at the Vadodara manufacturing facility, drawing electricity from a mix of renewable sources. With the commissioning of the second renewable energy asset, close to 80% of the Vadodara facility’s total energy consumption is now supported through renewable energy sources, significantly strengthening the plant’s clean energy footprint while enhancing long-term energy security and operational efficiency.
With the operationalisation of the second asset, Greenply now sources a substantially higher share of its electricity requirements from renewable energy at the Vadodara facility. The development reflects the company’s continued focus on building environmentally conscious manufacturing operations while steadily reducing its carbon footprint.
India’s industrial sector faces mounting pressure to decarbonise, even as grid electricity costs remain unpredictable. While clean energy adoption has become a wider priority across manufacturing industries, Greenply began integrating sustainability-led operational practices and clean technology solutions much earlier as part of its long-term manufacturing vision. Greenply’s approach at Vadodara, combining renewable procurement with in-plant EV mobility and other environmentally responsible practices, reflects this broader commitment. The renewable energy assets support round-the-clock power generation aligned with the plant’s real-time consumption requirements, helping improve energy reliability, reduce greenhouse gas emissions, and create greater predictability in long-term power costs. The initiative also aligns with the broader direction of India’s transition towards cleaner and more sustainable industrial growth.
- June 1, 2026 15:34
Review
Quote: Pre monetary policy by Mandar Pitale, Head, Financial Markets, SBM Bank (India) Ltd.
The upcoming RBI June Monetary Policy review is coming at the backdrop of large domestic currency depreciation, large capital flows indicating adverse movement in Balance of Payments in near future and increased probability of deficient monsoon rainfall. This may result in fall in GDP and increase in inflationary pressure impacting the growth engine.
Forecast made by regulator in April 26 assumed energy prices (Brent) at USD 85/bbl. and USD INR exchange rate at 94 in FY27, but the actual numbers since April 26 have been much negative from an inflation perspective. A prolonged west Asian conflict may set a “new normal” on energy prices with average increase of USD 10 to 15 per barrel than previous regulatory estimate. This sets a strong case for generalised increase in price pressures ultimately percolating to demand side. This creates a strong skewness towards rate hikes in near future.
We do not expect any immediate rate hike in June MPC, but there is a significant likelihood of MPC increasing the inflation forecast for FY 27 from 4.6% to somewhere near 4.9% - 5% range and cumulative growth projection down from 6.9% to 6.7% - 6.8% range. MPC is likely to prepare the market for a rate hike during the subsequent MPC meet in August through some hawkish hints in its forward guidance. The present growth inflation dynamics has created a strong case for at least two 25 bp rate hikes between August and December 26 MPC meet.
- June 1, 2026 15:33
Stock down
Inox Wind shares drop 10% on weak Q4 profit
Inox Wind shares traded 10 per cent lower at ₹83.56 on the NSE after the company reported a sharp 44 per cent year-on-year drop in consolidated net profit to ₹106 crore in the fourth quarter of FY26.
- June 1, 2026 15:32
Top midcap movers and losers
Top midcap movers included NMDC (+4.99 per cent), Persistent Systems (+3.86 per cent) and Coforge (+2.60 per cent). On the losers’ side were GVT&D (-8.07 per cent), ICICI AMC (-5.85 per cent), Suzlon (-5.72 per cent) and Hitachi (-5.67 per cent).
- June 1, 2026 15:32
Info tech
Aionos and Black Box forge strategic alliance to scale AI-led infrastructure
Aionos and Black Box Ltd have forged a strategic alliance to scale AI-led infrastructure and applications. CP Gurnani and Sanjeev Verma will steer the alliance’s global expansion, driving digital impact across enterprises and hyperscalers.
Mumbai/Gurugram, India, June 1, 2026: Black Box Ltd, a leading global digital infrastructure integrator, and Aionos, an AI-native enterprise technology company, announced a strategic alliance to help enterprises accelerate AI transformation from infrastructure build-out to measurable business outcomes.
The alliance combines Black Box’s expertise in digital infrastructure, including data centres, network connectivity, modern workplace solutions, and managed services, with Aionos’s applied AI platforms and domain-led solutions. This will enable organisations to build, deploy, and manage AI with security and resilience embedded at every layer.
CP Gurnani, Co-Founder and Vice Chairman, Aionos, said, “India is at an extraordinary inflection point. We are not just consuming AI, we are building it, exporting it, and setting the agenda for how the world deploys intelligent technology at scale. This alliance between Aionos and Black Box is a direct expression of that belief. Black Box brings the digital infrastructure engine spanning data centres, enterprise networks, and IoT across 35+ countries, and together we cover the entire journey from the physical layer to the AI application layer.”
- June 1, 2026 15:31
Pramerica Life Insurance reports third consecutive year of double-digit growth
Pramerica Life Insurance announced its financial results for the year ended March 31, 2026, marking its third consecutive year of double-digit growth. The milestone reflects the consistency of the company’s financial trajectory as well as the depth of its reach across geographies, communities, and customer segments.
In the last financial year, the company reported 19 per cent year-on-year growth in New Business Premium (NBP), while Annualised Premium Equivalent (APE) grew 29 per cent year-on-year, driven by healthy momentum across distribution channels. A Claims Paid Ratio of 99.29 per cent, rising for three successive years, indicates the sound quality of the business.
The company also delivered strong growth in Retail New Business Premium, reflecting continued expansion of its retail network into customer segments where the need for financial protection is high. Notably, this growth was achieved with an average ticket size approximately 42 per cent lower than the industry median.
Performance Snapshot for FY26:
- Total New Business Premium of ₹1,471 crore, registering 19 per cent year-on-year growth
- Individual New Business Premium grew 30 per cent year-on-year, 2.5 times faster than the overall private industry
- A strong 3-year CAGR of 28 per cent in Total New Business Premium
- Embedded Value grew 15 per cent year-on-year
- 99.29 per cent claims paid ratio, up from 99.18 per cent last year
The company continued to deepen its protection footprint, covering over 8.7 crore+ lives including over 3.5 lakh defence personnel since inception. Pramerica Life was the first life insurer to develop specialised protection offerings designed around the service conditions and requirements of armed forces and paramilitary personnel.
Over the years, this relationship has evolved into a wider people philosophy, with the company creating meaningful second-career opportunities for veterans and ex-servicemen. Since inception, over 8,500 veterans have been employed by the company, with ex-servicemen today constituting nearly 17 per cent of its employee base.
- June 1, 2026 15:30
Companies
Tenneco Clean Air India Ltd delivers strong Q4 and FY2026 performance
Tenneco Clean Air India Ltd, a leading Tier-1 automotive component manufacturer supplying Clean Air, Powertrain and Advanced Ride Technologies (ART) solutions to major OEMs, announced its financial results for Q4 and FY2026.
The company delivered strong Q4 growth with value-added revenue up 17.5 per cent and EBITDA up 17.6 per cent year-on-year. It outperformed market volumes on a full-year basis and registered its highest ever EBITDA margin of 18.8 per cent. The company also announced a Greenfield plant in West India to support ART growth momentum.
Business Highlights:
The quarter and the year under review demonstrated the strength of Tenneco Clean Air India Ltd’s resilient, diversified, and execution-led business model. It delivered strong growth and robust operating performance despite ongoing geopolitical headwinds and incremental administrative costs associated with being a listed entity.
Value Added Revenue (VAR) grew by 17.5 per cent year-on-year in Q4 FY2026 and 12.3 per cent in FY2026, supported by growth across key business segments. EBITDA margin for the quarter stood at 18.3 per cent and 18.8 per cent for FY2026, backed by sustained operational efficiency initiatives under the company’s global P3 (People, Performance, and Pride) operating framework and timely commercial actions. This mitigated cost pressures arising from geopolitical developments and incremental costs related to being a listed entity.
Profit after tax grew 19 per cent year-on-year to ₹1,668 million (11.9 per cent PAT margin) for Q4 and grew 9 per cent to ₹6,044 million (12.3 per cent PAT margin) for FY2026.
Key Highlights for FY2026
Tenneco Clean Air India Ltd was successfully listed on the stock exchanges on November 19, 2025, marking a key milestone. The IPO was subscribed over 61 times, reflecting strong investor participation across categories. The company’s shares listed at a premium to the issue price and have significantly outperformed broader markets since listing. It is among the top 10 per cent of BSE-listed companies by share price returns since November 2025.
During the year, the company continued to strengthen its market position through strategic programme wins and technology developments across key business verticals.
The year saw a strategic technology leadership milestone with the selection of the DCx DaVinci advanced suspension system by a leading Indian OEM for a new-generation flagship SUV platform. The system was also recognised for its performance by India’s leading automotive reviewers. This validates Tenneco’s capability to deliver differentiated ride quality through mechanical innovation and establishes the DCx DaVinci suspension system as a market-ready solution for the competitive mid-premium SUV segment.
The second technology leadership milestone was the selection of its Clean Air System by a leading Japanese passenger vehicle OEM in India. This marks entry into a previously untapped Clean Air segment at this customer, supported by technology depth, localisation, engineering capability, and customer relationship.
Another strategic programme was booked with a leading European commercial vehicle OEM for a Clean Air aftertreatment solution tailored to customer-specific cost and performance requirements.
The company achieved a strategic entry into Bearings systems with a leading Japanese passenger vehicle OEM in India, enabling incremental business opportunities across adjacent customer platforms.
It also completed a strategic Proof of Concept with a leading European Truck OEM for a Euro VII-compliant Clean Air solution, thereby strengthening capabilities in advanced emission technologies and readiness for future legislations.
- June 1, 2026 15:28
Banking
RBI–MPC Expectations: Policy Pause Likely Amid Uncertain Macro Landscape and CareEdge Debt Quality Index: April 2026 - CareEdge Ratings
Inflationary concerns have intensified with projected below normal monsoon and retail fuel hikes.
Sharp rise in WPI inflation also raises the risk of a faster second-round pass-through to consumer prices.
Domestic growth outlook has also weakened considerably as the economic impact of the prolonged conflict transmits through multiple channels.
Both global and domestic bond yields rose, and USD/INR has weakened considerably since the onset of the conflict.
Against this backdrop, we expect the RBI’s Monetary Policy Committee (MPC) to remain in a wait-and-watch mode, maintaining a status quo on both policy rates and stance in June meeting.
Tone of the policy statement will be crucial, as the possibility of policy rate hikes towards the end of the year cannot be ruled out if the inflationary pressure prolongs.
Future trajectory of the policy rate will depend on the MPC’s assessment of evolving inflation dynamics.
If the MPC considers inflationary pressures to be transient it may look through the near-term spike.
However, if conflict persists and inflation risks become entrenched in household expectations, rate hikes could be considered toward the end of the year.
Measures aimed at supporting the rupee — including measures to attract foreign capital flows and special dollar liquidity facilities for oil marketing companies (OMCs) — may also be considered.
- June 1, 2026 15:27
Companies
Gabion Technologies secured orders worth ₹12.60 crore from May 17 to May 30, 2026.
- June 1, 2026 15:24
Tata Motors Passenger Vehicles sales up 42% in May at 59,790 units
- June 1, 2026 15:20
Justo RealFintech Delivers Robust FY26 Performance; Strengthens Platform for the Next Phase of Scalable Growth
Revenue grows 13.7% to ₹93 crore; EBITDA up 34.9%, PAT rises 30.5%, EPS strengthens to ₹12.02 as Justo advances technology-led execution, institutional capabilities and scale readiness
Mumbai, 1 June, 2026: Justo RealFintech Limited (BSE: 544542), India’s listed real estate mandate and execution platform, announced its audited financial results for the financial year ended March 31, 2026, delivering strong profitable growth across key financial metrics while simultaneously strengthening organisational capability, institutional platforms, and technology infrastructure to support its next phase of expansion.
For FY26, the Company reported Revenue of ₹93 crore, up 13.7% YoY, EBITDA of ₹29.1 crore, up 34.9% YoY, Profit Before Tax (PBT) of ₹26.5 crore, up 31.1% YoY, and Profit After Tax (PAT) of ₹19.6 crore, up 30.5% YoY, reflecting sustained operating momentum, stronger profitability, and disciplined execution across its mandate-led business model.
The Company also reported a significant strengthening of its balance sheet, with Net Worth increasing 141.8% YoY to ₹126.9 crore, while Earnings Per Share (EPS) improved to ₹12.02, underscoring stronger shareholder value creation and improved profitability.
Beyond financial performance, FY26 marked a period of strategic transformation for Justo as the Company undertook a broad-based organisational redesign to prepare for accelerated growth in FY26–27 and beyond.
During FY26, the Company undertook an organisational realignment to strengthen execution capabilities, developer engagement, digital demand generation, pre-sales functions, and technology-enabled productivity. It also continued to strengthen its RealFintech Design-to-Delivery (D2D) platform through an AI-enabled technology ecosystem focused on improving sales intelligence, execution efficiency, and customer engagement.
FY26 also marked the incorporation of Chestertons India Private Limited, a wholly owned subsidiary established to strengthen Justo’s institutional capabilities and expand its presence across higher-value real estate services. As part of this strategic realignment, the Company transferred its commercial business into Chestertons India to support focused growth and scalability.
Alongside these initiatives, Justo enters FY27 with a near-term mandate pipeline of approximately ₹9,000 crore, providing strong visibility on future growth and reflecting increasing confidence from developers in the Company’s execution-led, technology-enabled operating model.
- June 1, 2026 15:19
FPSB India Names Ramesh Vishwanathan as Chief Executive Officer to Drive Growth of Financial Planning Profession in India
FPSB India is pleased to announce the appointment of Ramesh Vishwanathan as its new Chief Executive Officer (CEO). FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB), the nonprofit, standards-setting body for the global financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER® certification program. CFP® certification is the global symbol of excellence in financial planning and represents financial planners who commit to rigorous standards of professionalism in the field.
In this role, Ramesh will oversee the organization’s strategic direction, growth and efforts to advance the financial planning profession in India, through the advancement of standards in financial planning with focus on CFP certification. Ramesh will assume the role later this month.
Ramesh brings over 25 years of leadership experience across the financial services industry, with expertise in building and scaling businesses, strengthening strategic partnerships, driving profitable growth, and creating winning, customer-centric value propositions.
- June 1, 2026 15:17
Siemens sells Low Voltage Motors business to Innomotics India for ₹2,200 cr
- June 1, 2026 15:10
Hemisphere Properties traded flat on the NSE at Rs 139.29. Shareholders approved the sale of a land parcel in Pune to Hypervault AI Data Centre for Rs 640.5 cr
- June 1, 2026 15:10
Jubilant Pharmova receives a USFDA warning letter for its Canada facility
Jubilant Pharmova shares flat at Rs 992.90 on the NSE.Company received a USFDA warning letter for its Canada facility post an inspection at the Montreal unit. The company has initiated corrective actions and operations continue under enhanced oversight
- June 1, 2026 15:06
Seamec Ltd informed that consortium of SEAMEC LIMITED and Supreme Hydro Pvt Ltd have executed the contract with ONGC
Seamec Ltd informed that consortium of SEAMEC LIMITED and Supreme Hydro Pvt Ltd have executed the contract with Oil and Natural Gas Corporation Limited for Hiring of Operation & Maintenance (O&M) Services for ONGC Owned MSV “Samudra Prabha” for 2026-2028.
- June 1, 2026 15:01
Axis Bank has additionally invested in shares of Axis Max Life Insurance for an amount of up to Rs 380 crore. Shares traded at Rs 1,273.40 on the NSE, down 1%.
- June 1, 2026 15:00
Zee Entertainment bags FIFA world cup broadcasting rights in India from 2026 to 2034
- June 1, 2026 15:00
UPL informed receives intimation about acquisition of shares in Advanta Investment Limited
UPL informed that it has received intimation about acquisition of shares in a Company viz. Advanta Investment Limited by stepdown subsidiary in Mauritius, Advanta Seed International.
Shares flat at Rs 644.85 on the NSE
- June 1, 2026 14:52
Borosil Renewables receives an email intimation of a Show Cause Notice under the Customs Act, 1962
Borosil Renewables received an email intimation of a Show Cause Notice under the Customs Act, 1962 from the Office of Commissioner of Customs (NS-V), Jawaharlal Nehru Customs House, Nhava Sheva, Raigad, Maharashtra, alleging short payment of custom duties of Rs. 13.30 crores in respect of tariff classification of import of only two items of capital goods and enquired why this amount should not be demanded with interest and penalty. The Company is evaluating this matter and will submit its reply within the prescribed time period.
- June 1, 2026 14:52
Power Grid Corporation acquired the Tumkur II RE SPV, shares trade down
Power Grid Corporation shares traded at Rs 287 on the NSE after opening at Rs 291 compared to the previous close of Rs 290.55. Company acquired the Tumkur II RE SPV for Rs 15.5 cr, a project designed for 2.7 GW of renewable energy integration
- June 1, 2026 14:49
IREDA shares traded 5% lower at Rs 126.89 on the NSE, following a marginal 1.77 per cent decline in net profit to Rs 492.63 crore during the March quarter on account of higher expenses
- June 1, 2026 14:49
Around 2.45 pm, Sensex fell 402.92 pts or 0.54% to 74,372.82, and Nifty 50 was down 129.00 pts or 0.55% to 23,418.75
- June 1, 2026 14:47
Coal India's production declines by 12% in May
- June 1, 2026 14:47
Tata Motors commercial vehicles sales up 17% at 32,850 units in May
- June 1, 2026 14:45
Indian Energy Exchange (IEX) has incorporated a wholly owned subsidiary company in the name of “Indian Coal Exchange Limited”. Shares traded at Rs 126.73 on the NSE, down 1%
- June 1, 2026 14:42
Kyro Capital launches ₹100-crore pre-IPO private equity AIF
- June 1, 2026 14:40
Hemant Surgical Industries has completed the acquisition of Lifesenz Cancer Research Labs Private Limited, Mumbai on June 01, 2026 and accordingly, it has become the subsidiary of the Company
- June 1, 2026 14:37
Dabur India clarified that the observations made the USFDA relate only to a small part of its manufacturing facility at Silvassa
Dabur India clarified that the observations made by the United States Food and Drug Administration (USFDA) relate only to a small part of its manufacturing facility at Silvassa in Dadra and Nagar Haveli and have no material impact on the company’s financials or operations.
Shares traded nearly 4% lower at Rs 427.20 on the NSE.
- June 1, 2026 14:34
United Drilling Tools received domestic work order for Rs 16.61 lakh
- June 1, 2026 14:33
Tata Motors Passenger Vehicles’ sales data for May
Tata Motors Passenger Vehicles’ sales in the domestic & international market for May 2026 stood at 59,790 units, compared to 42,040 units during April 2026.
TMPV shares traded at Rs 384.95 on the NSE, down 2%.
- June 1, 2026 14:28
Q4 results live today: Ashok Leyland
Ashok Leyland: Total vehicle sales in May 2026 stood at 14,923 units compared to 15,484 units in May 2025.
Shares were down 3% to Rs 150.90 on the NSE.
- June 1, 2026 14:25
Q4 result live today: Bharat Coking Coal Ltd
Bharat Coking Coal Ltd reported raw coal production declined 25.5 per cent y-o-y to 2.28 million tonnes (MT) in May 2026.
Coking coal output also dropped 25.8 per cent y-o-y to 2.13 MT during the month.
Shares fell 6% to Rs 38.84 on the NSE.
- June 1, 2026 14:10
Natural gas futures is bullish
- June 1, 2026 14:06
VE Commercial Vehicles sales rise 7.8% in May at 7,978 units
- June 1, 2026 13:58
Q4 results live today: Patanjali Foods
Patanjali Foods shares traded flat on the NSE at Rs 454.80. It reported a 46 per cent increase in its consolidated net profit to ₹523.97 crore for the quarter ended March on higher income from sale of cooking oils and other food items.
- June 1, 2026 13:55
Companies
Sheetal Cool Products inaugurated new manufacturing unit - Sheetal Food Safari Plant, New APMC Road, Amreli, Gujarat for Manufacturing of Ready-to-Eat (RTE) and Ready-to-Cook (RTC) food products.
- June 1, 2026 13:49
Auto
Tata Motors reports 17% y-o-y sales increase in May 2026
Tata Motors (Commercial Vehicles) sales in the domestic & international markets for May 2026 stood at 32,850 units, compared to 28,147 units during May 2025, up 17% y-o-y.
Shares flat at ₹376.25 on the NSE.
- June 1, 2026 13:40
Stock up
Sai Parenterals stock zoomed 7% to Rs 519.75 on the NSE. Company secured a purchase order from PILL CORP, Bulacan, Philippines, valued at $11 million (Rs. 104.50 crore).
- June 1, 2026 13:40
Companies
Thomas Cook India expands EU services, shares rise 2%
Thomas Cook India extends services for Indian enterprises operating or planning operations in the European Union via its Cyprus subsidiary
Shares up 2% to Rs 93.12 on the NSE
- June 1, 2026 13:33
Stock market live: Atul Auto May sales rise 29% YoY to 3,236 units; shares gain 1%
Atul Auto posted total sales for the month of May 2026 at 3,236 units compared to 2,502 units in May 2025.
Shares up over 1% to Rs 487.25 on the NSE.
- June 1, 2026 13:22
Sectoral watch: Automakers report sales growth in May led by sustained demand
- June 1, 2026 13:21
Stock market live: Adani Green Energy commissions 50 MW solar project in Gujarat; total capacity nears 20 GW, shares down 1.5%
Adani Hybrid Energy Jaisalmer Five Limited (“AHEJa5L”), Wholly-owned stepdown subsidiary of Adani Green Energy Limited (”AGEL”) has operationalised solar power project of 50 MW at Khavda, Gujarat. With commissioning of this project, AGEL has achieved total operational renewable generation capacity of 19,835.8 MW and total operational BESS capacity of 3,366 MWh.
Adani Green Energy shares traded at Rs 1,453.40 on the NSE, down 1.48%.
- June 1, 2026 13:13
Stock market live: Gujarat Gas Q4 profit surges to Rs 521 crore, board recommends ₹8.90 dividend; shares fall 3%
Gujarat Gas shares declined over 3% to Rs 388 on the NSE.
Company posted net profit after tax for the quarter ended March 2026 at Rs 520.58 crore compared to Rs 148.13 crore in the same quarter last year.
Board recommended final dividend of Rs 8.90 per share.
- June 1, 2026 13:12
Share market live: Avaada Group secures $950 million in financing
- June 1, 2026 13:03
Indo Count, Gokaldas Exports, Arvind, Welspun Living rally up to 13% as Centre suspends cotton import duty
Indo Count, Gokaldas Exports, Arvind, Welspun Living rally up to 13% as Centre suspends cotton import duty
Textile stocks rallied sharply in Monday’s trade after the Ministry of Finance suspended the 11 per cent import duty on cotton from June 1 to October 31, offering major relief to the textile industry amid elevated raw material costs.
- June 1, 2026 12:59
Stock market live: Hindustan Copper awards 20-year contract to Lohum Materials for Gujarat unit; shares flat
Hindustan Copper shares flat at Rs 543.20 on the NSE. Company awarded a 20-year contract to Lohum Materials to resume operations at its Gujarat Copper Unit
- June 1, 2026 12:55
Stock market live updates: UPI transactions hit record high of ₹29.9 lakh cr in May
- June 1, 2026 12:52
IT rally cushions markets as Nifty slips back into consolidation zone by midday
- June 1, 2026 12:40
Toyota Kirloskar Motor’s sales up 7% in May at 33,128 units
- June 1, 2026 12:39
Kalpataru Projects bags ₹2,002 crore orders
- June 1, 2026 12:39
NMDC posts best-ever quarterly revenue of ₹11,173 crore in Q4 FY26, full-year PAT rises 11%
- June 1, 2026 12:31
Stock market live: Eicher Motors May sales rise 8% YoY to 7,978 units; shares steady
Eicher Motors’ total sales in May 2026 stood at 7,978 units compared to 7,401 units in May 2025.
Shares flat at Rs 7,185.50 on the NSE
- June 1, 2026 12:30
Share market live: Puravankara forms JV to build ₹1,100 crore worth housing project in Bengaluru
- June 1, 2026 12:22
Share market live: Hyundai Motor India faces temporary production disruption due to fire at supplier facility in TN
- June 1, 2026 12:20
Stock market live: Hindustan Zinc contributes ₹18,846 crore to exchequer in FY26; cumulative five-year contribution at ₹91,572 crore
Hindustan Zinc (BSE: 500188 and NSE: HINDZINC), India’s only and the world’s largest integrated zinc producer, contributed ₹18,846 crore to the public exchequer in FY 2025-26, as detailed in the company’s 9th Tax Transparency Report. The report reinforces Hindustan Zinc’s continued commitment to transparent governance, responsible business practices and nation building. The contribution, representing 46% of the company’s revenue, reflects our unwavering support for India’s economic development and Atmanirbhar Bharat mission.
The company’s cumulative contribution to the exchequer over the last five years now stood at ₹91,572 crore. The contribution includes taxes on income, government royalties, indirect taxes, dividends paid to the Government of India, withholding taxes and other statutory levies.
The report has been prepared broadly in alignment with the Global Reporting Initiative (GRI 207: Tax 2019) framework and guided by the principles of the Extractive Industries Transparency Initiative (EITI) and the International Council on Mining and Metals - Social and Economic Reporting Framework (ICMM - SeRF).
- June 1, 2026 12:19
Stock market live: Suzlon appoints Ashok Ramachandran as President – India Business, effective June 4
Suzlon informed that Ashok Ramachandran has been appointed as President – India Business, reporting to the Group Chief Executive Officer of the Company, with effect from 4th June 2026
- June 1, 2026 12:18
NMDC Steel shares jump over 13% to Rs 50.60 on the NSE.
Company posted profit after tax for the quarter ended March 2026 at Rs 391.91 crore compared to Rs 473.39 crore loss in the same quarter last year.
Q4 Results Outcome 1st June Live: IndiGo & NMDC Steel soar post Q4, IREDA, Natco Pharma & Glenmark shares fall
Q4 Results Outcome, 1st June 2026 Live: IndiGo, NMDC, IREDA, Gujarat Gas, Patanjali Foods, Linde India, Glenmark Pharma, BEML, Natco Pharma, and Titagarh Rail Systems Stay tuned for more from businessline.
- June 1, 2026 12:17
Stock market live: Magellanic Cloud wins Rs 7.6 crore South Central Railway order; shares flat
Magellanic Cloud secured LOA from South Central Railway, Nanded Division for contract value Rs 7.64 crore.
Shares traded flat at Rs 26.65 on the NSE.
- June 1, 2026 12:11
Commodities update: Gold and silver remain range-bound with cautious bias amid macro uncertainty and US–Iran ceasefire hopes
Renisha Chainani, head of research at Augmont, writes - Gold and silver closed the week trading weak with a negative bias. The dominant macro narrative centred on the evolving US–Iran conflict and firmer US inflation data, which together kept bullion on the defensive. While easing geopolitical risk premia weighed on safe-haven demand, a softer dollar and sub-target monthly PCE prints lent partial support, leaving prices range-bound with a cautiously constructive undertone heading into a catalyst-heavy first week of June.
Geopolitics: US–Iran Ceasefire Progress
Reports indicate the US and Iran may extend their ceasefire, with a tentative 60-day extension reportedly agreed to enable formal nuclear talks — though President Trump had yet to approve the terms. Despite the optimism, continued disruptions to shipping and energy infrastructure kept oil prices elevated, reinforcing a cautious Federal Reserve stance. Global oil prices nonetheless tumbled roughly 20% from their 2026 highs as investors grew increasingly confident in a durable deal that would reopen shipping through the Strait of Hormuz. A de-escalation removes a key risk premium that had underpinned bullion.
US Inflation and the Fed
Thursday’s PCE data showed both headline and core monthly inflation came in below expectations, though annual readings remained well above the Fed’s target at 3.8% (headline) and 3.3% (core). May figures captured the fastest pace of price gains in three years during April, reinforcing expectations that the Fed holds rates unchanged well into 2027. This persistent higher-for-longer environment remains a structural headwind for non-yielding bullion. Markets price the federal funds rate steady through year-end, yet still assign roughly a 46% probability to a December rate hike.
Currencies: Dollar and Rupee
The DXY hovered near 99 through the week, as reports of a tentative US–Iran peace agreement eased concerns over inflation and future rate hikes; the softer dollar offered partial support to gold. The rupee strengthened materially, with USDINR appreciating from 97 to 95 over two weeks to three-week highs, as sustained Reserve Bank of India intervention bolstered currency confidence. Attention now turns to the RBI’s June 5
policy decision, where most economists polled by Reuters expect the key rate to be held unchanged at 5.25%.
Silver Dynamics
Silver suffered a sharper intraweek correction than gold, reflecting its dual sensitivity to macro rate expectations and industrial demand. Gold posted a modest 0.8% monthly decline, pressured by inflation concerns and the prospect of prolonged elevated rates. For silver, a structural supply deficit alongside green-energy demand from solar and electric vehicles remains intact, providing durable medium-term support beneath the metal even as near-term volatility persists.
Outlook and Sentiment
Cautiously bullish. Ceasefire progress, a weaker DXY, and sub-target monthly PCE are constructive, but persistent above-target annual inflation and a Fed firmly on hold cap near-term upside. The next major catalysts to watch are Trump’s approval of the Iran deal terms and the US jobs report on June 6. Technical Levels
· COMEX Gold: Support $4,400–4,440; Resistance $4,620–4,650
· MCX Gold: Support ₹1,53,000–1,54,000; Resistance ₹1,60,000
· COMEX Silver: Support $71–72; Resistance $78–79
· MCX Silver: Support ₹2,62,000–2,63,000; Resistance ₹2,83,000
- June 1, 2026 12:04
Stock market live: Maruti Suzuki May sales hit record 2.43 lakh units; shares steady
Maruti Suzuki India sold a total of 242,688 units in MAY 2026, which is its highestever monthly sales volume. Domestic sales also reached an all-time high of 193,535 units. The sales to other OEM were at 7,239 units and exports were at 41,914 units.
Shares flat at Rs 13,070 on the NSE
- June 1, 2026 12:04
Share market live: TVS Motor May sales surge 31% YoY to 5.67 lakh units; shares gain 2%
TVS Motor Company recorded monthly sales of 566,585 units in May 2026 with a growth of 31% as against 431,275 units in May 2025.
Shares rose about 2% to Rs 3,414.60 on the NSE.
- June 1, 2026 12:02
Q4 updates: Kings Infra Ventures post 24% rise in PAT at ₹16.36 crore in FY26
- June 1, 2026 12:01
Commodities update: MCX starts trading in ‘Silver 100’ futures
- June 1, 2026 12:00
Economy updates: GST revenue tops ₹1.94 lakh crore in May, driven by broad-based growth in consumption
- June 1, 2026 11:51
Economy watch: Monsoon knocks on Kerala’s door, but the wait isn’t over
- June 1, 2026 11:25
NPST Posts 20% Sequential Revenue Growth in Q4 FY26, Annual Revenue crosses ₹200 Crore
Network People Services Technologies Limited (NPST), a digital banking and payments technology company, today announced its financial results for the fourth quarter and full year ending 31 March 2026.
Q4 FY26 Consolidated Performance
Total income for the quarter was ₹68.46 crore, up 19.75% from ₹57.17 crore in Q3 FY26. Net profit rose to ₹12.24 crore from ₹11.54 crore in the prior quarter, a QoQ improvement of 6%. Diluted EPS for the quarter was ₹6.17.
EBITDA for the quarter was ₹19.46 crore, up from ₹18.74 crore in Q3 FY26. The EBITDA margin remained at 28.43%, broadly stable QoQ.
Annual FY26 Consolidated Performance
For the full year FY26, total income was ₹209.40 crore, up 15.93% from ₹180.62 crore in FY25. Net profit was ₹40.82 crore.
Reflecting on the numbers, Deepak Chand Thakur, Co-founder and CEO, NPST, said, “Q4 reflects steady, sequential progress and that consistency is what gives us confidence as we enter FY27. We’re carrying a diversified and growing order book, three revenue-generating business verticals, and an expanding international presence. Our focus remains straightforward: building infrastructure that scales and stays compliant, driven by SaaS-based TSP subscriptions, high-margin international PPaaS engagements, and AI-led RegTech deployments.”
Ashish Aggarwal, Joint Managing Director, said: Aashish Aggarwal, Co-founder & Joint Managing Director, NPST “In FY26, we invested in our product portfolio, built out our go-to-market capabilities, and laid the groundwork for growth, both domestically and internationally. Some of that investment shows up in the numbers immediately. Some of it will show up over time. Going forward, my focus is on the quality of that growth. We will continue to work on building recurring revenues, operating leverage, and disciplined capital allocation.”
The Board has recommended a final dividend of ₹2 per equity share of face value ₹10 each for the financial year ended 31 March 2026. The dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.
STRATEGIC & OPERATIONAL HIGHLIGHTS – FY26
Regulatory De-risking & Business Model Evolution
•\u0009Significantly reduced concentrated dependency on the Evok platform, lowering single-partner and India-specific regulatory exposure
•\u0009Pivoted toward international payment infrastructure markets where fee-based economics are structurally embedded, unlike India’s zero-MDR UPI framework
TSP: Launched Bank-in-a-Box & International Expansion
•\u0009Launched Bank-in-a-Box with a recurring SaaS subscription model targeting 200+ banks; 6 tenants onboarded in FY26
•\u0009Launched TSP International to export India’s digital payments and banking infrastructure playbook globally
•\u0009TSP Domestic contribution expanded to 90-95% of revenue in FY26, up from 30-35% in FY25
PPaaS: Revamped for International Markets
•\u0009Re-architected Evok 4.0 for global MDR/interchange-based markets; signed engagements in the Middle East and Asia
•\u0009Launched Merchant Orchestration product; bagged first order from a government body post-PPaaS revamp
RegTech: AI-led First Mover Advantage
•\u0009Launched Risk Intelligence Decisioning Platform (RIDP) with an AI-based risk engine; gained first-mover advantage in the merchant acquiring ecosystem
•\u0009Bagged one of the first and largest orders from a PSU Bank for Merchant Risk Underwriting
- June 1, 2026 11:15
Gold silver
Gold slips on stronger dollar, oil as markets await Trump decision on Iran proposal
- June 1, 2026 11:08
Suprajit Engineering bags contracts worth $75 million
Suprajit Engineering’s GCM division secured material new contracts worth approximately $12 million /year with an estimated lifetime value of $75 million.
- June 1, 2026 11:07
Tata Technologies secures SAP PartnerEdge Sell authorization
Tata Technologies secures SAP PartnerEdge Sell authorization, helps strengthen enterprise and AI-led transformation capabilities
Shares gain 2% to Rs 717.95 on the NSE
- June 1, 2026 11:06
Puravankara signs JDA for 11.23-acre Land Parcel in North Bengaluru with potential GDV of ₹1,100 crore
Puravankara Signs JDA for 11.23-acre Land Parcel in North Bengaluru with Potential GDV of Rs 1,100 crore
Shares flat at Rs 218.82 on the NSE
- June 1, 2026 11:05
Economy
Manufacturing PMI hits 3-month high in May despite cost pressures
India’s manufacturing sector expanded at its fastest pace in three months in May on sustained demand even as cost pressures were among the most intense in nearly four years and business optimism softened to its lowest since February, a survey showed on Monday. Read more here
- June 1, 2026 11:03
Ola Electric sees 23% growth in registrations in April
Ola Electric announced sustained growth momentum in May 2026, with registrations rising to 15,139 units, up from 12,323 units in April, according to VAHAN data. It represents a 23% MoM increase, building on the recovery momentum seen in the months of March and April 2026.
Shares traded at Rs 40.83 on the NSE, down 1.5%
- June 1, 2026 10:59
Stock market
Nifty Prediction Today – June 1, 2026: Nifty futures: Decline likely to extend
- June 1, 2026 10:57
Stock market live: H.G. Infra subsidiary bags Rs 1,303 crore NHAI contract
H.G. VaranasiKolkata PKG-10 Highway Private Limited a wholly owned subsidiary of H.G. Infra Engineering, has received the letter from National Highways Authorities of India pertaining to a contract worth Rs 1,303.11 crore.
- June 1, 2026 10:48
Markets eye recovery on positive global cues after sharp Nifty correction
The Nifty 50 witnessed sharp profit-booking on Friday, declining 359 points (1.5%) to close at 23,547.8 after a late-session selloff erased intraday gains. Despite the domestic weakness, global cues remain supportive. US markets ended May on a positive note, with the Dow Jones, S&P 500, and Nasdaq extending their gains, supported by continued strength in AI-led technology stocks and improving risk appetite.
Asian markets have started the week on a firm footing, led by gains in Japan, Hong Kong, and South Korea, while GIFT Nifty indicates a positive opening for Indian equities. The resilience in global equities and improving sentiment across Asian markets could help domestic benchmarks recover from Friday’s corrective move.
However, investors will continue to monitor crude oil prices, which have moved higher amid uncertainty surrounding US-Iran ceasefire negotiations. While elevated crude remains a near-term concern, the broader market undertone remains constructive as long as key support zones hold.
Technically, Nifty is likely to witness buying interest on declines, with 23,400 and 23,200 acting as immediate support levels. On the upside, a sustained move above 23,850 could trigger fresh short covering and strengthen the recovery momentum towards the 24,000 mark. Overall, the bias remains cautiously positive, supported by favorable global cues and a strong indication from GIFT Nifty.
- June 1, 2026 10:47
Stock market live updates: RBL Bank open offer start today
Open Offer_Starts today
Company: RBL Bank Ltd (RBLBANK)
Type of Offer: Acquisition
Acquirer: Emirates NBD Bank
Issue of Public Announcement: 18-Oct-2025
Offer price Rs: 282.38 { Rs 280 (open offer price) + Rs 2.38 (Interest) }
CMP: Rs 346.95
(%Prem.)/Disc.: (22.90)%
Offer Size : Rs 11,735.32 Cr
Proposed Acq. No. of shares: 41.56 cr
Proposed Acq. : 26%
Schedule of Activity:
Start Date: 01 June 2026 (Today)
End Date: 12 June 2026
Settlement Date: 29 June 2026
- June 1, 2026 10:33
Stock market live: Mahindra & Mahindra sales increase 20% in May at 99,636 units
- June 1, 2026 10:25
Currency market live: Rupee falls 9 paise to 94.94 against US dollar in early trade
The rupee depreciated 9 paise to 94.94 against the US dollar in early trade on Monday weighed down by elevated crude oil prices as the Israel-Lebanon conflict escalated.
Forex traders said Dollar Index was nearer to 99 levels while oil prices rose to USD 93 per barrel after Israel-Lebanon conflict escalated following sharp weekly drops as Washington and Tehran discussed potential ceasefire that could eventually ease out the disruptions around Strait of Hormuz.
At the interbank foreign exchange market the rupee opened at 94.93 then lost some ground and touched an early low of 94.94, registering a fall of 9 paise from its previous close.
In initial trade, the rupee also touched 94.75 against the American currency. - PTI
- June 1, 2026 10:23
Currency market live: Crypto market starts June cautiously; Bitcoin steady near $73,900 amid selective investor interest
“The crypto market has entered June on a cautious note, with Bitcoin currently trading around the $73,900 mark as institutional capital continues to rotate out of major digital asset investment products. While Bitcoin and Ethereum have witnessed sustained outflows over the past few weeks, selective interest in assets such as XRP indicates that investors are becoming more focused on utility, adoption potential, and ecosystem-specific developments rather than taking broad exposure across the market. Macroeconomic signals, liquidity conditions, and global developments are also influencing sentiment, keeping price action range-bound in the near term.
In this environment, investors may benefit from prioritizing consistency over short-term market movements. Rather than reacting to daily price swings, the focus should remain on staggered accumulation, portfolio diversification, and fundamentally strong assets that continue to demonstrate real-world use cases. Market corrections are a natural part of the digital asset cycle and often create opportunities for patient investors. The priority should be maintaining balanced exposure, avoiding excessive leverage, and staying aligned with long-term wealth creation goals rather than daily price movements.” - Avinash Shekhar, Co-Founder & CEO, Pi42
- June 1, 2026 10:20
Stock market live: Nvidia says Anthropic, OpenAI among big users of new Vera chip
- June 1, 2026 10:18
Commodities market live: MCX launches ‘Silver 100’ futures contract; shares down 1%
MCX Launches ‘Silver 100’ futures adding to existing portfolio of highest traded bullion contracts
Shares traded at Rs 2,913.60 on the NSE, down 1%
- June 1, 2026 10:17
Godrej Properties acquires 23-acre plot in Greater Noida, eyes ₹7,000 crore revenue
- June 1, 2026 10:02
Q4 results live: Jupiter Wagons Q4 income at ₹790 crore, FY26 PAT at ₹166 crore; shares slide 5%
Jupiter Wagons recorded consolidated income of ₹790 crore in Q4 FY26 and ₹2,961 Crore for FY 202526
Consolidated EBITDA for the quarter stood at ₹83 crore with EBITDA margin reported at 11%. EBITDA for FY 2025-26 was ₹363 crore with average EBITDA margin of 12.4%
The company reported a consolidated PAT of ₹27 crore in Q4 FY26 and ₹166 crore for FY 2025-26 while average PAT margin stood at 6%
Shares traded 5% lower at Rs 275.75 on the NSE
- June 1, 2026 09:55
Stock market live updates: Rajputana Stainless FY26 profit up 25% YoY at Rs 49.8 crore; revenue rises 8%
Rajputana Stainless reported net profit of Rs. 49.82 crore for the financial year ended 31st March 2026 as compared to the net profit of Rs. 39.85 crore in FY25, registering a growth of 25.01% Y-o-Y. Revenue from Operations for FY26 was reported at Rs. 1006.96 crore as compared to revenue of Rs. 931.93 crore reported in FY25, registering a growth of 8.05% Y-o-Y.
- June 1, 2026 09:55
Auto sales update: Hyundai Motor, Bajaj Auto report sales growth in May
- June 1, 2026 09:52
Stock market live: Cyient to acquire Tao Digital Solutions for $218 mn; shares up 1%
Cyient shares were up 1%, trading at Rs 920.60 on the NSE. Company entered into a definitive agreement to acquire Tao Digital Solutions Inc., an AI-native data and product engineering solutions firm headquartered in Santa Clara, California, at an enterprise value of USD 218 mn.
- June 1, 2026 09:51
Stock market live: Mahindra & Mahindra May auto sales rise 20% YoY to 99,636 units; shares fall 2%
Mahindra & Mahindra announced that its overall auto sales for the month of May 2026 stood at 99,636 vehicles, a growth of 20% including exports.
Shares traded at Rs 2,992.50 on the NSE, down 2%.
- June 1, 2026 09:41
Opening Bell: Markets open higher; IT, aviation lead gains as geopolitical uncertainty lingers
- June 1, 2026 09:38
Stock market live: Bajaj Auto May sales up 20% YoY at 4.6 lakh units; motorcycle sales rise 18%, exports jump 34%
Bajaj Auto reported vehicle sales for May of 461,257 units vs. 384,621 y/y.
MAY RESULTS
Vehicle sales 461,257 units, +20% y/y
Motorcycle sales 393,204 units, +18% y/y
Exports 213,226 units, +34% y/y - Bloomberg
- June 1, 2026 09:37
Inflation, geopolitics weigh on global economic outlook
Global bits
United States: Inflation rose to its highest level in nearly three years, keeping the Fed cautious and weighing on housing demand.
Canada: Economic growth slowed, prompting expectations of a prolonged rate pause amid inflation concerns.
Eurozone: Persistent energy-driven inflation is forcing the ECB toward a more hawkish stance while growth weakens.
Germany: Manufacturing weakness and supply disruptions led to another downgrade in growth expectations.
United Kingdom: Retail spending remained resilient, but rising energy costs threaten consumer momentum.
Japan: The BOJ raised inflation forecasts and edged closer to further rate hikes as energy pressures persist.
South Korea: Policymakers adopted a more hawkish tone due to rising imported inflation risks.
India: Industrial activity slowed as higher energy costs and weak global demand weighed on growth.
China: Property markets showed early stabilization signs, though the broader recovery remains fragile.
Australia: The RBA kept rates unchanged, balancing war-driven inflation against slowing domestic growth.
New Zealand: External deficits improved slightly, but imported inflation risks remain elevated.
Russia: High oil prices boosted government revenues, though economic growth prospects remain subdued.
South Africa: The rand weakened amid global risk aversion and domestic power challenges.
Africa (region): Higher fuel and food costs are expected to reduce growth and increase reliance on external financing.
Brazil: Inflation accelerated, prompting higher year-end inflation forecasts from the central bank.
Mexico: Policymakers maintained rates, citing geopolitical uncertainty as a barrier to easing.
Saudi Arabia: Accelerating alternative export infrastructure to reduce dependence on the Strait of Hormuz.
United Arab Emirates: Expanding pipeline and storage capacity to mitigate export disruption risks.
Iran: Economic pressures intensified as the rial fell to fresh lows amid the ongoing conflict.
Source: Reuters
- June 1, 2026 09:36
Stock market live: Escorts Kubota May tractor sales up 19% YoY at 12,310 units; shares flat
Escorts Kubota Agri Machinery Business in May 2026 sold 12,310 tractors registering a growth of 18.9% as against 10,354 tractors sold in May 2025.
Shares flat at Rs 2,860 on the NSE.
- June 1, 2026 09:36
Stock market live: Balu Forge bags major order for 152mm artillery shells; shares drop 3.5%
Balu Forge secures Major Order for 152mm Artillery Shells
Shares traded at Rs 459.10 on the NSE, down 3.5%
- June 1, 2026 09:35
Stock market live: Hyundai Motor India May sales rise 9% YoY to 47,837 units; shares flat
Hyundai Motor India posted monthly domestic sales of 47,837 units in May 2026 registering 9.1% YoY growth
Shares flat on the NSE at Rs 1,927
- June 1, 2026 09:30
Commodities market live: Gold holds steady amid U.S.-Iran truce talks and inflation worries; oil rebounds on Middle East tensions
Commodities Commentary - Motilal Oswal Financial services Ltd
Manav Modi Commodities Analyst Motilal Oswal Financial services Ltd
Gold prices traded steady as investors balanced ongoing uncertainty surrounding U.S.-Iran ceasefire negotiations against rising inflation concerns and expectations of tighter monetary policy.
While reports suggest US and Iran continue discussions on extending the current truce and reopening the Strait of Hormuz, key disagreements remain unresolved and any final agreement still requires approval from President Trump. At the same time, Israel has expanded military operations against Hezbollah in Lebanon, keeping geopolitical risks elevated across the region. Despite gold’s traditional safe-haven appeal, the metal has struggled to gain momentum as higher crude oil prices continue to fuel inflation concerns.
Oil prices rebounded after Israel’s latest military actions, reinforcing fears that energy costs could remain elevated and force the Federal Reserve to maintain a hawkish stance. Markets are increasingly pricing in the possibility of a Fed rate hike later this year, while the U.S. Dollar Index and Yields also strengthened.
On the data front, China’s private manufacturing PMI for May came in stronger than expected, supported by resilient domestic and export demand. This week, market participants will closely monitor PMI readings from major economies, U.S. labor market data, and the RBI’s interest rate decision for further direction in precious metals.
- June 1, 2026 09:29
Share market live: Godrej Properties wins 23.2-acre land parcel in Greater Noida; shares steady
Godrej Properties Ltd. (GPL) won the bid for a 23.2 acres (93,905 sq. mtr.) residential land parcel in DMIC integrated township, Greater Noida, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Limited. Godrej Properties plans to develop a residential group housing project on the land parcel, which is expected to offer an estimated revenue potential of over Rs 7,000 crore*, comprising premium residential apartments of varied configurations.
Shares flat at Rs 1,761.60 on the NSE.
- June 1, 2026 09:28
Stock market live: SML Mahindra May sales up 15% YoY at 1,767 units; shares steady
SML Mahindra total sales in May 2026 stood at 1767 units compared to 1543 units in May 2025.
Shares flat at Rs 3,710 on the NSE.
- June 1, 2026 09:28
Share market live: Kalpataru Projects wins ₹2,002 crore orders; stock dips 1%
Kalpataru Projects International secured new orders for approx. ₹ 2,002 Crore.
Stock traded at Rs 1,291.80 on the NSE, down 1%
- June 1, 2026 09:27
Stock market live: Bajaj Auto May sales rise 20% YoY to 4.6 lakh units; shares flat
Bajaj Auto sales in May 2026 (including exports) stood at 4,61,257 units compared to 3,84,621 units in May 2025.
Shares flat at Rs 10,526 on the NSE.
- June 1, 2026 09:27
Stock market live: Marksans Pharma to acquire QliniQ B.V.; shares jump 3%
Marksans Pharma to Acquire 100% of Netherlands-based QliniQ B.V., Strengthening Presence in European Markets
Shares surged 3% to Rs 252.25 on the NSE.
- June 1, 2026 09:27
Stock market live: Mini Diamonds bags Rs 14 crore domestic order for lab-grown diamonds
Mini Diamonds (India) secured a domestic order of Rs 14.00 Crore from a Mumbai based existing client on June 01, 2026 for supply of cut and polished lab grown diamonds.
- June 1, 2026 09:26
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: IndiGo (+3.87%), Asian Paints (+3.80%), Infosys (+2.65%), Tech Mahindra (+1.73%), TCS (+1.63%)
Top losers: HUL (-0.98%), Eternal (-0.76%), NTPC (-0.75%), Tata Consumer (-0.68%), M&M (-0.48%)
- June 1, 2026 09:22
Opening bell: Sensex jumps 333 pts, Nifty rises 103 pts in early trade
Sensex gained 333.45 pts or 0.45% to 75,109.19 at 9.18 am, after opening at 75,203.02 compared to the previous close of 74,775.74. Nifty 50 rose by 103.20 pts or 0.44% to 23,650.95.
- June 1, 2026 09:16
Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm
- June 1, 2026 08:55
Key indicators for today's trade
Nifty technicals: Gap-up rally fizzles out, bears regain control: Despite opening 100 points higher, Nifty erased all gains and slipped back near Friday’s close, while the advance-decline ratio of 19:31 signals broad-based weakness beneath the surface.
* 23,500 emerges as the crucial support: Nifty futures remain under pressure, and a break below 23,500 could trigger a sharper decline towards 23,200-23,000, while any recovery is likely to face stiff resistance at 23,800-24,000.
* Bank Nifty has slipped back into consolidation mode, with 54,000 emerging as the key support level. If Bank Nifty falls below 54,000, the index could decline further towards 53,500 and 53,000. A decisive breakout above 55,000 could pave the way for an advance towards 55,555, 56,000 and 56,500.
* Gold is consolidating in a range-bound structure with a negative-to-cautious bias as macro headwinds from higher-for-longer US rates offset partial support from a softer dollar. COMEX Gold faces key support at $4,400–4,440, while resistance is seen at $4,620–4,650. MCX Gold is holding support at ₹1,53,000–1,54,000, with upside capped near ₹1,60,000, indicating consolidation unless a strong macro trigger breaks the range.
* Silver shows sharper volatility due to its dual sensitivity to interest rate expectations and industrial demand, leading to a weaker near-term bias compared to gold. COMEX Silver has immediate support at $71–72 and resistance at $78–79, while MCX Silver is placed with support at ₹2,62,000–2,63,000 and resistance at ₹2,83,000, suggesting a consolidation phase with range trading likely until fresh macro cues emerge.
* GST collections rose 3.2% YoY to over ₹1.94 lakh crore in May, driven by broad-based growth across goods, services, and imports.
* Manufacturing PMI rose to a three-month high of 55.0 in May, up from 54.7 in April and above the preliminary estimate of 54.3, despite ongoing cost pressures.
- June 1, 2026 08:25
RBI policy, FII flows and US-Iran tensions to steer markets this week
Santosh Meena, Head of Research at Swastika Investmart Ltd.
The Indian equity market witnessed a volatile and range-bound week, with both the Nifty and Sensex ending nearly 1% lower. Friday’s sharp sell-off, driven largely by MSCI rebalancing-related adjustments and concerns surrounding the monsoon outlook, was a major contributor to the week’s weakness.
Despite supportive factors such as declining crude oil prices and a strengthening rupee, domestic markets failed to gain traction. Persistent FII selling remained a key headwind, with Foreign Institutional Investors offloading equities worth nearly ₹24,000 crore during the week. Notably, around ₹21,000 crore of this selling occurred on Friday alone due to MSCI rebalancing. Domestic Institutional Investors (DIIs) provided support by purchasing equities worth approximately ₹26,000 crore.
While the benchmark indices ended the week in negative territory, the broader market displayed resilience, with both Midcap and Smallcap indices outperforming. Sectorally, the Energy pack emerged as the top performer, whereas FMCG stocks remained under pressure amid concerns over the monsoon outlook.
Key Events to Watch This Week
The primary domestic event will be the RBI Monetary Policy meeting, with the policy announcement scheduled for Friday. Market participants will closely monitor the RBI’s stance on inflation, liquidity, and interest rates amid rising inflationary concerns and currency-related developments.
In addition, monthly automobile sales data for May will be released on June 1, providing insights into demand trends across the sector. Investors will also track India’s Manufacturing and Services PMI data to assess the strength of economic activity.
Global Cues
On the global front, developments related to US-Iran tensions will remain critical as they continue to influence crude oil prices. However, recent indications suggest some improvement on that front. Apart from geopolitical developments, key US macroeconomic data releases, along with movements in the Dollar Index and US bond yields, will be closely monitored by market participants.
Market Outlook
The behavior of Foreign Institutional Investors (FIIs) and movements in the Indian rupee will continue to play a crucial role in determining the near-term market direction.
Technical View: Nifty
Technically, Nifty continues to trade within the broader range of 23,400–24,000.
* A breakdown below 23,400 could open the door towards the 23,150–23,000 support zone.
* On the upside, a sustained move above 24,000 may lead to a rally towards the next resistance level of 24,300.
Technical View: Bank Nifty
Bank Nifty failed to sustain its recent breakout and has slipped back into consolidation mode.
* The immediate and crucial support is placed at 54,000.
* A breach below this level could trigger further downside towards 53,500 and 53,000.
* On the upside, 55,000 remains the immediate hurdle.
* A decisive move above 55,000 could pave the way for targets of 55,555, 56,000, and 56,500.
- June 1, 2026 08:24
Stocks in News
Kingfa Science: Q4 cons Net Profit Rs. 59.1 Cr vs 41.9 Cr (YoY), Q4 Revenue Rs. 578 Cr vs 469 Cr (YoY) (Positive)
Gujarat Industries Power: Q4 SL Net Profit Rs. 327 Cr vs 69.70 Cr (YoY), Q4 Revenue Rs. 430 Cr vs 340 Cr (YoY) (Positive)
Lumax Auto Tech: Q4 cons Net Profit Rs. 88.10 Cr vs 58.40 Cr (YoY), Q4 Revenue Rs. 1420 Cr vs 1133 Cr (YoY) (Positive)
Knowledge Marine: Q4 cons Net Profit Rs. 23.50 Crvs 10.50 Cr (YoY), Q4 Revenue Rs. 67.60 Cr vs 47.50 Cr (YoY) (Positive)
Rubicon Research: Q4 Net Profit Rs. 76.80 Cr vs 36.20 Cr (YoY), Q4 Revenue Rs. 514 Cr vs 360 Cr (YoY) (Positive)
Premier Explosives: Q4 Net Profit Rs. 6.60 Cr vs 3.70 Cr (YoY), Q4 Revenue Rs. 89.20 Cr vs 74.10 Cr (YoY) (Positive)
Everest Kanto Cylinder: Q4 Net Profit Rs. 45.90 Cr vs 13.30 Cr (YoY), Q4 Revenue Rs. 360 Cr vs 420 Cr (YoY) (Positive)
Olectra: Q4 Net Profit Rs. 55.5 Cr vs 20.7 Cr (YoY), Q4 Revenue Rs. 644 Cr vs 448 Cr (YoY) (Positive)
Swan Corp: Q4 cons Net Profit Rs. 268 Cr vs loss 17.7 Cr (YoY), Q4 Revenue Rs. 870 Cr vs 850 Cr (YoY) (Positive)
NMDC Steel: Q4 cons Net Profit Rs. 392 Cr vs loss 473 Cr (YoY), Q4 Revenue Rs. 3879 Cr vs 2838 Cr (YoY) (Positive)
NMDC: Q4 Net Profit Rs. 2018 Cr vs 1483 Cr (YoY), Q4 Revenue Rs. 11343 Cr vs 7005 Cr (YoY) (Positive)
Glenmark: Q4 Net Profit Rs. 301 Cr vs 5.0 Cr (YoY), Q4 Revenue Rs. 3771 Cr vs 3256 Cr (YoY) (Positive)
Bajaj HInd: Q4 Cons Net Profit Rs. 391 Cr vs 34 Cr (YoY), Q4 Revenue Rs. 1669 Cr vs 1552 Cr (YoY) (Positive)
Modern Insulators: Q4 Net Profit Rs. 24.60 Cr vs 9.10 Cr (YoY), Q4 Revenue Rs. 202 Cr vs 160 Cr (YoY) (Positive)
Gufic Biosciences: Q4 sl Net Profit Rs. 20.60 Cr vs 8 Cr (YoY), Q4 Revenue Rs. 252 Cr vs 205 Cr (YoY) (Positive)
GOCL Corp: Q4 cons Net Profit Rs. 75.10 Cr vs 23 Cr (YoY), Q4 Total Income 78.70 Cr vs 59.60 Cr (YoY) (Positive)
Knr constructions: Q4 cons Net Profit Rs. 106.1 cr vs Rs 7.6 cr (YoY), Q4 Revenue Rs. 695.5 cr vs Rs 975.2 cr (YoY) (Positive)
Jayant agro organics: Q4 Net Profit Rs. 20 cr vs 10.9 cr (YoY), Q4 Revenue Rs. 6.5b vs 6.3b (YoY) (Positive)
EKI Energy: Company has received a licence from the Central Electricity Regulatory Commission, enabling its entry into the electricity trading segment. (Positive)
PNC Infratech: Company has received an EPC contract worth Rs 302.44 crore from the Airports Authority of India. (Positive)
Lupin: Company has secured USFDA approval for its ANDA covering Sodium Sulfate, Magnesium Sulfate, and Potassium Chloride tablets. (Positive)
Reliance Ind/ TCS/ Infosys/ Tata Steel: Moody’s Ratings has upgraded ratings, citing strong financial discipline, diversified operations, and a resilient credit profile. (Positive)
Godrej Prop: Company wins bid for residential land parcel in Greater Noida with est rev potential of over ₹7,000 cr (Positive)
Textile Companies: India waives cotton import duty till Oct 30 to boost supply for textile sector. (Positive)
Cyient: Company enters agreement to acquire TAO Digital, an AI-native data and product engineering solutions firm headquartered in Santa Clara, California, at an EV of $218 m. (Positive)
Hindustan Copper: Company has been awarded a 20-year contract to Lohum Materials to resume operations at its Gujarat Copper Unit. (Positive)
Hemisphere Properties: Company to sell bopkhel, pune land parcel to hypervault ai data center for up to Rs 640.5 cr (Positive)
Tarc Limited: Company projects cumulative cash flows of Rs. 10,000 crore over the next five years; targets FY27 collections of Rs. 1,600–1,800 crore. (Positive)
Glenmark Pharmaceuticals: Company plans to expand its commercial respiratory portfolio in FY27; Winlevi®️ received EU marketing approval with launch slated for FY27 (Positive)
Veranda Learning: Company guides for FY27 Revenue Rs. 670 crore, EBITDA of Rs. 260 crore and pat of Rs. 144 crore, reflecting strong growth over FY26. (Positive)
Aegis Vopak Terminals Limited: Company says India’s first independent 36,000-mt ammonia terminal is on track for completion by Q1 FY27. (Positive)
MSTC: Q4 Cons Net Profit Rs. 77.20 Cr vs 75.50 Cr (YoY), Q4 Revenue Rs. 120 Cr vs 88.90 Cr (YoY) (Neutral)
Praveg: Q4 SL Net Loss Rs. 3.90 Cr vs 3 Cr (YoY), Q4 Revenue Rs. 54.40 Cr vs 42.50 Cr (YoY) (Neutral)
Maan Aluminium: Q4 sl Net Profit Rs. 1.70 Cr vs 3.94 Cr (YoY), Q4 Revenue Rs. 254 Cr vs 246 Cr (YoY) (Neutral)
Bhartiya International: Q4 cons Net Loss Rs. 8.80 Cr vs 14.90 Cr (YoY), Q4 Revenue Rs. 310 Cr vs 240 Cr (YoY) (Neutral)
Salasar Techno Engineering: Q4 cons Net Loss Rs. 12.50 Cr vs loss 5.30 Cr (YoY), Q4 Revenue Rs. 444 Cr vs 483 Cr (YoY) (Neutral)
Ingersoll-Rand: Q4 sl Net Profit Rs. 64.80 Cr vs 67.70 Cr (YoY), Q4 Revenue Rs. 300 Cr vs 320 Cr (YoY) (Neutral)
Antony Waste Handling: Q4 cons Net Profit Rs. 32.5 cr vs Rs 40.0 Cr (YoY), Q4 Revenue Rs. 285.7 cr vs Rs 242.6 cr (YoY) (Neutral)
Wanbury: Q4 Net Profit Rs. 21.7 cr vs Rs 20.2 cr (YoY), Q4 Revenue Rs. 164.5 cr vs Rs 172 cr (YoY) (Neutral)
Triveni Engineering and Industries: Q4 cons Net Profit Rs. 167 Cr vs 187 Cr (YoY), Q4 Revenue Rs. 1833 Cr vs 1925 Cr (YoY) (Neutral)
Vadilal Enterprises: Q4 sl Net Loss Rs. 4.20 Cr vs loss 8.80 Cr (YoY), Q4 Revenue Rs. 290 Cr vs 223 Cr (YoY) (Neutral)
Interglobe Aviation: Q4 sl Net Loss Rs. 2660 Cr vs 3070 Cr (YoY), Q4 Revenue Rs. 22400 Cr vs 22100 Cr (YoY) (Neutral)
MSTC: Q4 Net Profit Rs 77 Cr vs 76.0 Cr (YoY), Q4 Revenue Rs 119 Cr vs 89 Cr (YoY) (Neutral)
IREDA: Q4 Net Profit Rs 493 Cr vs 502.0 Cr (YoY), Q4 Revenue Rs 2175 Cr vs 1905 Cr (YoY) (Neutral)
Antony Waste: Q4 Net Profit Rs 33 Cr vs 40.0 Cr (YoY), Q4 Revenue Rs 286 Cr vs 243 Cr (YoY) (Neutral)
Tilak Nagar: Q4 Net loss Rs 15 Cr vs 77 Cr (YoY), Q4 Revenue Rs 950 Cr vs 384 Cr (YoY) (Neutral)
Tasty bite eatables: Q4 sl Net Profit Rs. 6.01 Cr vs 6.20 Cr (YoY), Q4 Revenue Rs. 120 Cr vs 134 Cr (YoY) (Neutral)
The Hi-tech gears: Q4 Net Profit Rs. 8.11 vs Rs 9.72 cr (YoY), Q4 Revenue Rs 228.6 cr vs Rs 214.8 (YoY) (Neutral)
Indian Renewable Energy Development Agency: Q4 sl Net Profit Rs. 500 Cr vs 500 Cr (YoY), Q4 Revenue Rs. 2140 Cr vs 1900 Cr (YoY) (Neutral)
Gujarat Gas: Q4 sl Net Profit Rs. 521Cr vs 692 Cr (QoQ), Q4 Revenue Rs. 6000 Cr vs 6100 Cr (QoQ) (Neutral)
D P Wires: Q4 standalone results Net Profit Rs. 9.39 Cr, up by 132.4% YoY and 177.0% QoQ, Revenue Rs. 129.02 Cr QoQ (Neutral)
RR Kabel: Company re-designates Mahhesh Kabra as Joint MD w.e.f. June 1, 2026; re-designates Rajesh Kabra as Joint MD w.e.f. June 1, 2026 (Neutral)
Mamata Machinery: Company CEO Apurva Kane expects FY27 to mark a return to growth with normalising profitability (Neutral)
Zydus Lifesciences: Share buyback opens June 4 (Neutral)
PB Fintech: Two co-founders of PB Fintech have sold nearly 1 per cent stake in the company for around Rs 665 crore. (Neutral)
BEML: FY26 order book stands at 16,349 cr vs guidance of 22,000 cr (Neutral)
Lupin: Company’s wholly-owned subsidiary Nanomi B.V. (Netherlands) is acquiring the minority stake in Multicare Pharmaceuticals Philippines Inc. (Neutral)
Colgate: Company hikes prices of select toothpaste packs across its portfolio. (Neutral)
SBI LIFE: Company appoints Ramesh Venkateshamurthy as Deputy CEO (Neutral)
Hero MotoCorp: LIC sold a 2% stake in the automaker, reducing its total shareholding to 5.1%. (Neutral)
Suzlon: SEBI imposes ₹29-cr penalties on Suzlon Energy & key execs in OMS slump sale case. (Neutral)
JSW Steel: Company’s arm retains successful bidder status for Colour Roof India. (Neutral)
Oil Marketing PSUs: Prices of commercial LPG cylinders have been increased by ₹42 per cylinder (Neutral)
Senco Gold ltd: Company sees 6% decline in gold sales as buyers shift toward silver and diamond jewellery (Neutral)
List of stocks included in the short term ASM Framework: Adani Total, Jaykay Enterprises, Novartis. (Neutral)
List of stocks excluded from ASM Framework: Bharat Wire, Bliss GVS, Jain Resource. (Neutral)
Circuit filter change from 10% to 5%: HFCL. (Neutral)
Circuit filter change from 20% to 10%: Bliss GVS. (Neutral)
Concord: Q4 cons Net Profit Rs. 89 Cr vs 140 Cr (YoY), Q4 Revenue Rs. 326 Cr vs 430 Cr (YoY). (Negative)
EMS: Q4 Cons Net Profit Rs. 5.60 Cr vs 46.60 Cr (YoY), Q4 Revenue 120 Cr vs 265 Cr (YoY) (Negative)
Agarwal Industrial Corp: Q4 cons Net Profit Rs. 15.70 Cr vs 30.50 Cr (YoY), Q4 Revenue Rs. 400 Cr vs 823 Cr (YoY) (Negative)
Inox Wind: Q4 cons Net Profit Rs. 105 Cr vs 187 Cr (YoY), Q4 Revenue Rs. 1240 Cr vs 1275 Cr (YoY) (Negative)
Haleos Labs: Q4 cons Net Profit Rs. 40 Lakhs vs 3 Cr (YoY), Q4 Revenue Rs. 75.10 Cr vs 89.10 Cr (YoY) (Negative)
Repro India: Q4 cons Net Loss Rs. 11.30 Cr vs 1.10 Cr (YoY), Q4 Revenue Rs. 140 Cr vs 123 Cr (YoY) (Negative)
Radiant Cash: Q4 Net Profit Rs. 5.4 Cr vs 9.8 Cr (YoY), Q4 Revenue Rs. 100 Cr vs 104 Cr (YoY) (Negative)
JM FIn: Q4 Net Profit Rs. 165 Cr vs 210 Cr (YoY), Q4 Revenue Rs. 950 Cr vs 1004 Cr (YoY) (Negative)
KNR Cons: Q4 Net Profit Rs. 106 Cr vs 139 Cr (YoY), Q4 Revenue Rs. 696 Cr vs 975 Cr (YoY) (Negative)
Peninsula: Q4 cons Net Loss Rs. 110 Cr vs 25.2 Cr (YoY), Q4 Revenue Rs. 40.0 Cr vs 62.7 Cr (YoY) (Negative)
Dreamfolks: Q4 cons Net Loss Rs. 13 Cr vs profit 14.0 Cr (YoY), Q4 Revenue Rs. 52.0 Cr vs 314 Cr (YoY) (Negative)
Hinduja Global: Q4 cons Net Loss 6.30 Cr vs 3.80 Cr (YoY), Q4 Revenue Rs. 1080 Cr vs 1160 Cr (YoY) (Negative)
Pashupati Cotspin: Q4 sl Net Profit Rs. 1.72 cr vs Rs 7.2 cr (YoY), Q4 Revenue Rs. 170.2 Cr vs Rs 128.2 (YoY) (Negative)
Mamata machinery: Q4 cons Net Profit Rs. 0.01 cr vs Rs 27.1 cr (YoY), Q4 Revenue Rs. 73.7 cr vs Rs 111.0 cr (YoY) (Negative)
IRCTC: Company receives statutory notice from FSSAI over food safety violations; serious hygiene lapses (Negative)
Jupiter Wagons: Q4 Net Profit Rs. 27.2 Cr vs Rs 102.5 cr (YoY), Q4 Revenue Rs 780.1 cr vs Rs 1044.55 (YoY) (Negative)
Jubilant Pharmova: Company has received a USFDA warning letter for its Canada facility post an inspection at the Montreal unit. (Negative)
- June 1, 2026 08:23
Share market live: Makarand Joshi, founder, MMJC and Associates - a corporate compliance firm on Social Stock Exchange amendment notification by Ministry of Corporate Affairs
For Indian companies, this marks a clear shift in CSR compliance. They no longer need to track every rupee till end-use - subscribing to zero coupon bonds issued by NGOs on the Social Stock Exchange will count as CSR spent for the year. Impact assessment also gets outsourced, as the NGO will handle periodic reporting under SSE norms. With mandatory impact reporting built in, board-level concerns around greenwashing reduce and the audit trail becomes cleaner and more transparent.
The Ministry of Corporate Affairs (MCA) now allows subscription to zero coupon bonds issued by NGOs on the Social Stock Exchange as valid CSR spend.
No more year-end monitoring for companies - impact assessment shifts to NGOs.
Companies can now invest in zero coupon bonds from NGOs on the Social Stock Exchange, and it counts as CSR spent.
Monitoring and impact reporting moves to the NGO.
- June 1, 2026 08:22
Share market live: Companies can now route CSR funds via Social Stock Exchange
CSR Spends can be undertaken on NSE-Social Stock Exchange (NSE-SSE)
MCA Notification Enables CSR Contribution (up to 10% of the annual budget) Through Zero Coupon Zero Principal Instruments Listed on Social Stock Exchange (SSE)
The Ministry of Corporate Affairs (MCA), through a Gazette Notification dated 27 May 2026, has amended Schedule VII of the Companies Act, 2013 to include “(xiii) Subscription to zero coupon zero principal instruments on Social Stock Exchange” as an eligible CSR activity. This amendment formally enables companies to channel CSR contributions (up to 10% of the total CSR expenditure for the financial year) to Not-For-Profit Organisations (NPOs) registered on the Social Stock Exchange through Zero Coupon Zero Principal (ZCZP) instruments.
The development is expected to significantly strengthen the credibility, transparency, and scale of social financing in India by enabling corporates to support impact-led organisations through a regulated and disclosure-driven platform.
The Social Stock Exchange was envisioned by our Hon’ble Finance Minister Smt. Nirmala Sitharaman of taking “the capital markets closer to the masses and meet various social welfare objectives related to inclusive growth and financial inclusion”, during the budget session of 2019 – a vision that is no longer a distant dream but a tangible reality.
With this inclusion, corporates can now integrate Social Stock Exchange participation within their CSR strategies, unlocking new opportunities for structured giving, impact measurement, accountability, and long-term engagement.
The amendment is expected to benefit both corporates and the social sector by:
Expanding access to funding for credible and verified NPOs
Strengthening transparency, governance, and impact disclosure standards
Encouraging outcome-driven philanthropy and structured social financing
Building greater trust and accountability within the social impact ecosystem
Shri Sriram Krishnan, Chief Business Development Officer, NSE said: “This is a significant step for India’s social sector, enabling corporates to deploy CSR funding through a transparent, regulated and impact-driven platform leading to strengthening trust, accountability and access to capital for social enterprises.”
- June 1, 2026 08:15
Share market live: IPO market eyes selective June revival after two-month lull
- June 1, 2026 08:14
Opening Bid: Markets eye flat start amid geopolitical and macroeconomic concerns
- June 1, 2026 07:59
Commodities update: Gold slips on stronger dollar, oil; Trump's decision on Iran ceasefire in focus
Gold inched lower on Monday, pressured by a stronger dollar and rising oil prices, as investors awaited U.S. President Donald Trump’s decision on a proposed deal to extend the ceasefire with Iran.
Spot gold was down 0.2% at $4,527.36 per ounce, as of 0156 GMT, after rising to a two-week high in the previous session. U.S. gold futures fell 0.8% to $4,558.10 - Reuters
- June 1, 2026 07:55
Stock in focus: Godrej Properties acquires 23-acre Greater Noida land for ₹7,000 crore housing project
- June 1, 2026 07:40
Movers & Shakers: Stocks that will see action this week
- June 1, 2026 07:39
F&O Tracker: Nifty futures and Nifty Bank futures yet to breach the final hurdle
- June 1, 2026 07:39
F&O Strategy: Sell Ashok Leyland futures
- June 1, 2026 07:23
US Market Outlook: Dow Jones and S&P 500 index have more room to rise, NASDAQ nearing a key resistance
- June 1, 2026 07:23
Bullion Cues: Gold futures and silver futures might rebound
- June 1, 2026 07:22
WATCH: Nifty & Bank Nifty இந்த வாரம் (June 1-5, 2026) என்ன ஆகும்? எங்கு செல்லும்?
- June 1, 2026 07:15
WATCH: Nifty and Bank Nifty Predictions for the week June 1-5, 2026.
- June 1, 2026 07:14
Stock market live updates: MSCI May rebalancing drives heavy flows in Infosys, Federal Bank, HDFC Bank and others
MSCI May 2026 Rebalancing Flows (As of 3:15 PM)
Strong passive fund activity was witnessed ahead of the MSCI rebalancing close, with some stocks seeing exceptionally large flow-driven trades:
* Infosys – ₹2,100 Cr
* Federal Bank – ₹1,980 Cr
* HDFC Bank – ₹1,850 Cr
* Reliance Industries – ₹1,300 Cr
* NALCO – ₹1,230 Cr
* HUL – ₹1,190 Cr
* Hyundai Motor India – ₹1,040 Cr
* MCX – ₹1,000 Cr
* TCS – ₹950 Cr
* Bajaj Finance – ₹900 Cr
* M&M – ₹825 Cr
These elevated volumes reflect MSCI rebalancing adjustments by global passive funds, which likely contributed to the sharp volatility witnessed during the closing session. Market participants should note that such flow-driven moves are often technical in nature and may not necessarily reflect a change in the underlying fundamentals of these companies.
- June 1, 2026 07:13
Stock recommendation: Shalibhadra Finance
Shalibhadra Finance Limited | Delivers Strong FY26 Performance | Unlocks Vision 2.0 of the Co.
M.Cap- ₹ 232 Cr. | Sector- Retail NBFC | P/B- 1.34x
The company is targeting to more than double its AUM ₹500 crore within three years.
The company is well-capitalised with a ₹180 crore net worth, capable of reaching ₹1,000 crore AUM through debt financing alone. It is expanding into high-growth segments including Micro LAP (under ₹5 lakh), Home Loans, Tractor Loans, and Salaried Personal Loans backed by over three decades of retail lending experience and a consistently low NNPA of ~1%, reflecting strong credit discipline.
On the operational front, the company is investing in technology, digitisation, and AI-led initiatives to improve efficiency and manage smaller-ticket loans at scale. With 58 branches today, expansion to 100 branches over three years, a 5 lakh+ customer database, and entry into new states like Karnataka, Goa, Rajasthan, and Madhya Pradesh.
- June 1, 2026 07:13
Results update: Shalibhadra Finance
Shalibhadra Finance Limited, a retail-focused NBFC serving rural and semi-urban markets, reported a solid performance for FY26:
AUM: ₹219.66 Cr (↑24.81% YoY)
Net Interest Income (NII): ₹35.95 Cr (↑15.03% YoY)
Profit After Tax (PAT): ₹19.48 Cr (↑21.67% YoY)
GNPA / NNPA: 2.94% / 1.17%
Net Interest Margin: 18.17%
CRAR: 78.28% (very strong capitalization)
The company maintained healthy asset quality and profitability despite a dynamic environment.
Strategic Direction & Growth Plans
1. Strong Capital Position — Net worth of ₹172 Cr provides headroom to grow AUM up to ₹1,000 Cr without raising equity. Growth will be funded through debt (Term Loans/NCDs).
2. Product Expansion — Entering high-potential segments like Micro LAP (under ₹5 lakh), Home Loans, Property Loans, etc.
3. Geographical & Branch Expansion — Currently 50+ branches. Plans to reach 70 branches in CY2026 and 100 branches over the next three years.
4. Technology Investment — Focus on digitization, automation, and AI to improve efficiency.
- June 1, 2026 07:12
Stock market live: NSE to extend equity derivatives trading hours to 3:40 pm from August 3
NSE EXTENDS EQUITY DERIVATIVES TRADING HOURS TO 3:40 PM FROM AUGUST 3, 2026, TO ALIGN WITH THE NEW CLOSING AUCTION SESSION IN CASH MARKET
- June 1, 2026 07:11
Commodities update: Centre revises export levies on petrol, diesel, ATF from June 1 amid West Asia crisis
- June 1, 2026 07:10
WATCH: Today's stock recommendation
- June 1, 2026 07:09
Indian Market Outlook: Nifty 50, Sensex and Nifty Bank index struggle to rise
- June 1, 2026 07:07
Defence stocks HAL, BEL, Zen Tech earn buy calls from Choice Institutional Equities
- June 1, 2026 07:06
Buzzing stocks: Automobile, textile stocks, Petroleum exporters, AWL Agri, Cyient, NCC
- June 1, 2026 06:46
Commodities update: Indian Oil raises commercial LPG cylinder price by ₹42 to ₹3,113.50
- June 1, 2026 06:45
Commodities market: Oil prices jump over 2% as Israel intensifies military operations in Lebanon
- June 1, 2026 06:44
Global news: Israel captures historic Beaufort Castle in deepest Lebanon advance in decades
- June 1, 2026 06:42
Stock to buy today: Chennai Petroleum Corporation (₹1,056.50)
Published on June 1, 2026





























































