Market Overview: Key Stocks to Monitor on June 1, 2026
Stocks to Watch today, June 1: IndiGo, NMDC, Gas stocks, Eternal, RIL
Business Standard
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On June 1, 2026, Indian equity markets are set to open cautiously amid ongoing US-Iran negotiations. Key stocks include IndiGo, which reported a significant net loss, and NMDC, which saw a substantial profit increase. Gas stocks are also in focus due to price adjustments by Indian Oil Corporation.
- 01IndiGo reported a net loss of ₹2,536.9 crore in Q4FY26, a decline from a profit of ₹3,067.5 crore a year ago.
- 02NMDC's consolidated net profit surged to ₹2,017.57 crore in Q4FY26, up from ₹1,483.18 crore in the previous year.
- 03Indian Oil Corporation increased the price of a 19 kg LPG cylinder by ₹42 to ₹3,113.50 for industrial clients.
- 04Glenmark Pharmaceuticals achieved a net profit of ₹761.16 crore in Q4FY26, doubling from ₹380.79 crore a year ago.
- 05LIC is exploring the establishment of a fintech arm to enhance its digital capabilities.
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On June 1, 2026, Indian equity markets are expected to open cautiously as investors monitor developments in US-Iran negotiations. GIFT Nifty futures indicated a decline of 22.3 points. In the Asian markets, Japan's Nikkei rose by 1.32%, while South Korea's Kospi reached a record high. Notably, IndiGo (InterGlobe Aviation) reported a consolidated net loss of ₹2,536.9 crore for Q4FY26, a stark contrast to the previous year's profit. Conversely, NMDC's net profit increased to ₹2,017.57 crore, reflecting strong revenue growth. Gas stocks are also significant, with Indian Oil Corporation raising LPG cylinder prices. Glenmark Pharmaceuticals and Olectra Greentech reported notable profit increases, while Concord Biotech and Inox Wind faced declines. Additionally, LIC is considering a fintech arm to meet digital demands, and Adani Group is accelerating investments despite previous legal challenges. The market remains cautious as these developments unfold.
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The increase in LPG prices could raise operational costs for businesses, affecting pricing strategies and consumer expenses.
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