The domestic stock market is expected to open on a weak note on Monday, June 8, with a gap-down start amid escalating geopolitical tensions.
In the latest developments, Israel’s military said it has carried out strikes on military targets in western and central Iran, following warnings of retaliation after Iran’s first direct attack on Israel since April.
Meanwhile, US President Donald Trump had earlier urged Israeli leadership to avoid retaliation, with reports suggesting he also told Iran that “enough is enough,” according to Fox News and other outlets.
On the other hand, Iran’s Islamic Revolutionary Guard Corps (IRGC) said multiple waves of missile strikes on northern Israel mark “the beginning of a full week of continuous strikes,” signalling heightened escalation risks.
Early cues indicate pressure on domestic markets, with GIFT NIFTY futures suggesting the NIFTY50 index may open around 308 points lower.
Here is a list of stocks that may remain in focus today.
OMCs: Oil marketing companies’ stocks, such as Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL), will be in focus as domestic cooking gas LPG price has been raised by ₹29 per cylinder, marking the second increase in three months as state-owned fuel retailers continue to grapple with elevated global energy costs.
The price of a 14.2-kg LPG cylinder in Delhi will rise to ₹942 from ₹913, effective June 7.
The increase follows a ₹60-per-cylinder hike on March 7 after the conflict in West Asia disrupted global energy supplies and drove up international fuel prices. News agency PTI, quoting industry sources, said the increase had only partially offset losses incurred from domestic LPG sales.
State-run oil marketing companies (OMCs) were estimated to be losing about ₹703 on every LPG cylinder sold before the latest revision, the report added.
The LPG price hike comes amid a broader round of fuel price increases.
Rajesh Exports: Gold refiner and jewellery exporter Rajesh Exports on Sunday said it had already submitted 300-400 gigabytes of documents to markets regulator SEBI but believed the watchdog had been unable to locate the correct files, adding that the company would resubmit all sought documents within 15 days to resolve the matter.
The company’s founder and chairman, Rajesh Mehta, in an interview with PTI, said SEBI’s interim order of June 3 – which alleged revenue inflation of 15.15 lakh crore over FY21-FY25 – was rooted in a fundamental accounting error in which the regulator had taken the company’s EBITDA figures and classified them as revenue.
Mehta explained the alleged error using a jewellery shop analogy. In a high-volume, low-margin gold bullion business such as Rajesh Exports, a customer buying 2 grams of gold at a showroom would receive a bill of ₹30,000, which constitutes the revenue.
Besides, the Ministry of Heavy Industries (MHI) is set to decide in the coming days on removing Rajesh Exports from the list of beneficiaries under the production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage, after the SEBI last week passed an interim order alleging massive financial fraud by the Bengaluru-based firm.
PTI, citing its sources, said that there is a “strong view” within the department that the company should be dropped from the scheme.
H.G. Infra Engineering: The company has received the provisional completion certificate for a project worth ₹4,970.99 crore. “The Provisional Completion Certificate, received on June 05, 2026, was issued by Adani Road Transport Limited vide its letter dated May 30, 2026, declaring the project fit for commencement of commercial operations,” the company said.
Zee Entertainment: Zee Entertainment (ZEEL) shares will be on investors’ radar as the company said its board will meet on June 10 to consider fundraising.
“…we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, June 10, 2026, inter alia, to consider raising of funds by issue of equity shares and/or other securities convertible into equity shares, in one or more tranches, through permissible modes, including but not limited to private placement / preferential issue, or any other method or combination of methods,” Zee Entertainment said in a regulatory filing on June 6.
Tata Motors (CV): Tata Motors will keep on investing in electric and hydrogen-based technologies for commercial vehicles, Chairman N Chandrasekaran said, emphasising that the transition to cleaner mobility requires a portfolio of electric, hydrogen, and cleaner internal combustion engine (ICE) technologies.
In his address to shareholders in the company’s annual report for 2025-26, the chairman noted that advances in digital technologies and AI are transforming how mobility products are designed, experienced, and supported.
Chandrasekaran, who is also the chairman of Tata Sons, observed that the transition to clean energy, heightened expectations on safety, and reconfiguration of global supply chains are redefining competitiveness.
Reliance Infrastructure: Reliance Infrastructure Limited on Sunday said that it has sought a review of the insolvency-related surveillance framework, under which trading in the company’s stock is allowed only once a week.
Reliance Infrastructure Limited, in a statement, said it has submitted a formal representation to the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE), and Bombay Stock Exchange (BSE), seeking a review of the Additional Surveillance Measure (ASM) linked to Insolvency and Bankruptcy Code (IBC) and the related trading restrictions on its shares.
Citing adverse impact on more than 7 lakh public shareholders, Reliance Infra said that the current framework, which permits trading only once a week within a narrow ±5 per cent price band, results in price movements that are largely mechanical and predictable.
It emphasised the need to ensure that market mechanisms continue to facilitate fair price discovery and maintain investor confidence.
Embassy Developments: Realty firm Embassy Developments Ltd is expecting a 73% growth in sales bookings this fiscal year to ₹8,000 crore as housing demand continues to be strong across major cities, a top company official said.
In an interview with PTI, Embassy Developments Ltd Managing Director Aditya Virwani highlighted that the company performed well during 2025-26 with sales bookings rising 128 per cent to ₹4,631 crore, slightly short of the annual guidance.
He noted that the demand for well-designed and high-quality residential properties continues to be robust, especially for branded players having strong execution track record.
About the outlook for the current fiscal year, Virwani said, “We are targeting ₹8,000 crore worth of sales bookings in 2026-27.”
This includes ₹2,000 crore worth of sales bookings or pre-sales in two housing projects that the company is building on a DM (development management) model, he added.
In the two DM projects, the company would build as well as sell apartments, and receive 10 per cent of the revenue as its fee.
Tata Steel: Tata Steel may have to defer the timeline of its 1.25-billion-pound UK project for transitioning to a low-carbon steel-making process by six to eight months, as the company is facing delays in “securing access to electricity”.
As part of its decarbonisation plan, Tata Steel is setting up the UK’s largest low-carbon EAF (electric arc furnace) project of 3.2 million tonnes capacity at Port Talbot with 1.25 billion pounds of investment to replace its now-shut blast furnace plant of similar capacity.
Before experiencing delays in securing power access, the company was looking to begin operations of the EAF project by late 2027 or early 2028.
“While we are working with ESO (Electricity System Operator) and National Grid for the new electrical infrastructure, National Grid has formally alerted us that their connectivity project is delayed,” said Koushik Chatterjee, Executive Director (ED) & Chief Financial Officer (CFO) at Tata Steel.
LIC: State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including the Reserve Bank and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said.
An Annuity product converts an accumulated retirement corpus into a guaranteed, lifelong stream of income. When one invests a lump sum, LIC pays a regular pension for life, ensuring the savings aren’t outlived.
“When the annuity markets are becoming more favoured by the policyholders, and more investments flow into annuities, we need to necessarily have long-term investments matching that kind of long-term liabilities. So we have been in touch with the (insurance) regulator as well as the regulators like SEBI, RBI, and the requirements of LIC, particularly are being duly communicated to them,” he told PTI in an interview.
Adani Enterprises, Adani Energy Solutions: SBI Mutual Fund on Friday bought stakes in Adani Enterprises and Adani Energy Solutions from US-based GQG Partners for ₹5,747 crore through open market transactions.
SBI Mutual Fund purchased 1,64,39,984 shares representing nearly a 1.3% stake in Adani Enterprises, the flagship entity of the Adani Group, according to block deal data on the National Stock Exchange (NSE).
In addition, SBI MF also acquired 63,65,796 shares, amounting to a 0.52% stake in Adani Energy Solutions.
The shares were picked up in the price range of ₹1,504.80-₹2,913.40 apiece, taking the combined transaction value to ₹5,747.55 crore.
Meanwhile, Rajiv Jain-backed GQG Partners, through its affiliate GQG Partners Emerging Markets Equity Fund, offloaded the same number of shares in the two Adani group companies.
ixigo (Le Travenues Technology): Travel booking platform ixigo (Le Travenues Technology Ltd) on Friday said its board has approved the acquisition of a majority stake of 54.66% in flexible-stay hotel network Brevistay (Brevistay Hospitality Pvt Ltd) for a total investment of ₹65.69 crore.
The transaction will be executed through a combination of secondary and primary share purchases, subject to the completion of the conditions precedent of the definitive agreements.
Following the proposed acquisition, Brevistay will become a subsidiary of the company.
“Additionally, the company has a right to purchase the remaining stake in the future, subject to fulfilment of certain conditions,” ixigo informed the exchanges in a regulatory filing.
The acquisition marks a significant step in ixigo’s strategy to strengthen its hotels business and expand its footprint across the accommodation segment in India.
NTPC: NTPC has sought bids from technology solutions players to help its sub-critical thermal power units operate at lower load and ensure flexibility for the electricity distribution network to use both thermal and renewable energy more efficiently.
The project would require providing technical support to sub-critical thermal units ranging between 150 MW and 250 MW, enabling them to operate in two shifts and at a minimum technical load of 25%, NTPC said in a statement.
Through this initiative, NTPC aims to identify technology providers for developing highly flexible thermal generation solutions, reinforcing its commitment to grid reliability, stability, and India’s evolving energy transition needs, the state-owned power generator said.
Avanti Feeds, Apex Frozen: Seafood export and aquaculture-linked stocks will be in focus as Commerce and Industry Minister Piyush Goyal on Friday called for increasing seafood exports to $30 billion over the next five years, from the current $8.5 billion.
He also pitched for focusing on quality and manufacturing of value-added products to fetch good prices in international markets.
“Let’s target $30 billion in the next five years,” Goyal said here at the national workshop on seafood exports.
The minister suggested that the target can be achieved by focusing on increasing production and quality.