Indian equity markets are expected to open on a subdued note on Thursday, with early indicators pointing to a cautious start. Gift Nifty was trading around 23,316 in early trade, down 16 points or 0.07%, indicating a flat to mildly weaker opening for domestic equities.
Market sentiment remains influenced by geopolitical tensions in West Asia, fluctuations in crude oil prices, and continued selling by foreign institutional investors (FIIs). Analysts said volatility could persist in the near term amid weak global cues and a risk-averse investment environment.
Among stocks in focus, Bharat Heavy Electricals Ltd. (BHEL) has signed a contract with Dangote Petroleum Refinery and Petrochemicals to complete a major project within the Dangote Industries Free Zone in Nigeria.
InterGlobe Aviation, which operates IndiGo, has temporarily suspended all flights to and from Kuwait until 12:00 pm on June 4, 2026, following the closure of Kuwaiti airspace.
NBCC has secured new work orders worth approximately ₹83.24 crore in the normal course of business.
A block deal involving SoftBank resulted in the sale of a stake in Lenskart Solutions valued at about ₹2,873 crore.
An emerging markets equity fund managed by GQG Partners sold shares equivalent to nearly 1.84% of GMR Airports in a transaction valued at around ₹1,906 crore.
Indian Energy Exchange (IEX) reported electricity trading volume of 12,983 million units in May 2026, up 18.6% from a year earlier.
Indiabulls has approved a proposal to raise up to ₹1,000 crore through convertible warrants.
JBM Auto reported sales of 157 electric buses in May 2026.
Suzlon Energy announced plans to diversify its business model and expand into a broader renewable energy solutions provider.
Aurobindo Pharma has launched a new biologics manufacturing facility, ‘Theranim’, in Telangana with an investment of ₹1,200 crore.
The trading session is expected to be influenced by global market cues and domestic corporate developments.
