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Stocks in News

• TITAN COMPANY: The Company gives its retail outlook 8–9% market CAGR through FY30.

• WOCKHARDT: The company outlines a two-year strategy focused on growth acceleration, operational excellence, and AI enablement. It plans to launch Zaynich across key global markets, expand the reach of Miqnaf, and strengthen its Emrok franchise.

• PREMIER ENERGIES: The company is recognised as a Grade A manufacturer in Wood Mackenzie's Global Solar PV Module Manufacturer Rankings 2026.

• RAJESH EXPORT: The company clarifies that no penalty has been imposed by SEBI and states that reported financials are accurate. It attributes the discrepancy flagged by SEBI to misinterpretation of EBITDA versus revenue and says it is engaging with the regulator to resolve the issue.

• JUNIPER HOTELS: The company signs an agreement to acquire 100% stake in Juniper Hospitality Assets and plans to develop a five-star hotel in New Delhi on a 2.52-acre land parcel.

• TATA TECHNOLOGIES: The company launches the fourth edition of its InnoVent hackathon, in collaboration with Emerson and Amazon Web Services, focused on AI at the edge.

• ICICI BANK: The company receives a warning letter from SEBI related to an FPI fund repatriation issue but states there is no material impact on operations or financials.

• PREMIER ENERGIES: The company is executing a Rs. 12,500 crore capex programme in solar manufacturing and diversifying into adjacent clean-energy segments including batteries.

• FDC: Maharashtra FDA officials inspect company depots at Nagpur and Chhatrapati Sambhaji Nagar, seize stock of ‘Enerzal'; the company plans legal recourse

Economic News

• FPI Exodus Hits Financials Hardest as Foreign Investors Trim India Exposure: FPIs sold Indian equities worth Rs2.25 lakh crore during Jan–May 2026, with financial services bearing the brunt of outflows at nearly Rs1.15 lakh crore, driven by profit-booking and high foreign ownership. IT and FMCG followed with outflows of Rs26,800 crore and Rs21,600 crore, respectively, amid valuation concerns, growth pressures, and capital shifting toward global AI opportunities. Other sectors such as consumer services, autos, healthcare, telecom, and oil & gas also saw significant selling, though capital goods, metals, mining, and power continued to attract foreign investor interest. Outflows peaked in March to April before easing in May.

Global News

• US Jobless Claims Hit 4-Month High, Labor Market Remains Resilient: U.S. initial jobless claims rose by 13,000 to 225,000 in the week ended May 30, the highest level in four months, mainly due to Memorial Day-related volatility. Despite the increase, labor market conditions remain stable, with continuing claims falling to 1.78 million and layoffs staying historically low. Productivity growth for Q1 was revised down to 0.3%, while unit labor costs increased a modest 1.8%, reinforcing expectations that AI-driven efficiency gains could help contain labor costs. With unemployment expected to remain at 4.3% and payroll growth moderating, the Federal Reserve is likely to keep interest rates unchanged while monitoring inflation trends.

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