News Overview

ACME Solar Holdings surged to a new 52-week high as investors cheered its successful ₹2,800 crore QIP, strong FY26 financial performance, and growing renewable energy pipeline. Backed by marquee institutional investors and robust capacity expansion, the company continues to emerge as a key beneficiary of India's clean energy transition.

The Indian stock market closed slightly lower on June 5, 2026, as investors reacted to the RBI's decision to keep interest rates unchanged while raising inflation projections and lowering GDP growth forecasts. Nifty ended below 23,400, Sensex slipped 117 points, while Bank Nifty outperformed. Adani Enterprises and Bajaj Finance gained, whereas Wipro and Trent declined amid stock-specific developments.

Adani Group shares gained on multiple positive triggers including Karan Adani's meeting with West Bengal Chief Minister Suvendu Adhikari, large institutional block deals, strong Adani Ports performance, and Adani Green Energy's new 50 MW solar project at Khavda, Gujarat.

Capital market shares declined sharply after RBI Governor Sanjay Malhotra indicated that the central bank will proceed with stricter lending norms for capital market intermediaries from July 1, 2026. The new framework could increase funding costs, reduce leverage, and impact trading volumes, affecting brokers and exchanges such as BSE, Angel One, and MCX.

Rajesh Exports is under intense scrutiny after SEBI accused the company of inflating revenues by ₹15.15 lakh crore between FY21 and FY25. With promoter Rajesh Mehta barred from trading, a forensic audit ordered, and the stock hitting consecutive lower circuits, investors are closely watching the next developments.

Hexagon Nutrition IPO, a ₹138.87 crore book-built issue, opens for subscription from June 5 to June 9, 2026. The IPO is entirely an Offer for Sale (OFS), meaning the company will not receive any fresh capital. Backed by a diversified nutrition portfolio, export presence in over 75 countries, and improving profitability, the company offers exposure to India's growing nutrition and wellness sector. However, investors should consider customer concentration, dependence on the premix segment, and raw material price volatility before making an investment decision.

Higher oil prices and global uncertainties prompted the RBI to raise its inflation outlook, signaling continued vigilance on price stability.

The central bank revised India's growth outlook downward while highlighting strong domestic demand and economic resilience despite external challenges.

The RBI maintained the repo rate at 5.25% while adopting a cautious stance amid inflation concerns driven by higher crude oil prices and global uncertainties.

The RBI kept the repo rate unchanged at 5.25% in its June 2026 MPC meeting while lowering FY27 GDP growth estimates to 6.6% and raising inflation projections to 5.1%. The central bank also announced several measures to attract foreign capital and strengthen India's external sector amid rising global uncertainties.