The GIFT Nifty indicates that the Indian stock markets will likely open on a muted note. If you’re unsure which stock to focus on in Friday’s trade. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all the key developments.
Earlier on Thursday, the NSE Nifty 50 closed the session 131 points or 0.53% higher at 24,751, while the BSE Sensex rose 444 points or 0.55% to close at 81,442.
Stocks to watch on June 06, 2025
Bajaj Finserv
There could be a block deal in Bajaj Finserv after the markets open tomorrow. According to a report by CNBC-TV18, Bajaj Holdings & Investment and Jamnalal Sons — are planning to offload up to 1.94 per cent stake in Bajaj Finserv through block deals. According to the report, the total deal size is expected to be around Rs 5,828 crore, which includes a base deal size of Rs 4,750 crore and an upsize option of Rs 1,078 crore.
Maruti Suzuki
Maruti Suzuki India has reported no production disruption from China’s restrictions on rare earth minerals. Its parent company, Suzuki Motor Corporation, has halted production of its flagship Swift model in Japan, affected by the export curbs, according to Japan’s Nikkei. Production of the Swift, excluding the Swift Sport version, was suspended from May 26 due to a shortage of key components. The report said that though Suzuki has not officially confirmed the cause, two people familiar with the matter attributed it to a disruption in rare earth supplies.
ITC
GQG Partners is planning to raise investments in ITC and its associate ITC Hotels, said source close to the firm. Both the companies are part of its 13-stock India portfolio. This comes after a $5-billion contrarian bet on Adani Group turned highly profitable for GQG. GQG currently holds shares worth Rs 60,000 crore in Indian companies.
JSW Energy
JSW Energy’s step-down subsidiary JSW Renew Energy has signed a Power Purchase Agreement with Adani Electricity Mumbai for a 250 MW wind capacity addition. The Adani project is located in Maharashtra, and its commissioning is expected in the next 24 months. The agreement is signed for a period of 25 years. The tariff rates in the agreement are Rs 3.65/KWh
IREDA
Indian Renewable Energy Development Agency (IREDA) launched a qualified institutional placement (QIP) to raise up to Rs 4,500 crore. The base size of the offering is Rs 1,500 crore, with an additional upsize option of Rs 3,000 crore, taking the total potential issue size to Rs 4,500 crore. The indicative issue price for the QIP is Rs 165.14 per share, representing a 6.4% discount to IREDA’s last closing price.
Ashoka Buildcon
Ashoka Buildcon, in collaboration with its subsidiary Ashoka Purestudy Technologies Private Ltd. (APTPL), received Letters of Intent (LOIs) from the Maharashtra Motor Vehicles Department for the design, implementation, operation, and maintenance of an Intelligent Traffic Management System across multiple regions.
Shyam Metalics
Shyam Metalics and Energy reported a year-on-year increase in stainless steel sales for May 2025. However, sales declined 2% sequentially to 6,999 tonnes. Average price realisations for stainless steel were down marginally by 0.2% year-on-year but improved 1% month-on-month to Rs 1.37 lakh per tonne.
Praj Industries
Enersur S.A., one of Paraguay’s foremost renewable energy companies, has selected Praj Industries for its next major project. Praj Industries will support the development, assessment, and phased implementation of a fully integrated Biorefinery Project in Paraguay. The Biorefinery aims to produce, in addition to ethanol, co-products such as distillers’ dried grains with solubles (DDGS), corn oil, biogas, biobitumen and sustainable aviation fuel (SAF).