Sensex, Nifty News: June is unlikely to be a straight-line recovery. The same factors that hurt markets in May have not disappeared. Read full report here

Thomas Cook (India) Limited, India's leading omnichannel travel services company, continues to strengthen its strategic engagement across the India-Europe corridor through its Cyprus subsidiary, Travel Circle International (Cyprus) Limited (TCI Euro), alongside Eurobank's growing presence in India, to support Indian enterprises expanding into Europe.

Thomas Cook India had earlier announced its entry into the European Union in 2025 through the establishment of its first office, TCI Euro, in Cyprus (Nicosia). The office was set up to support the evolving business travel requirements of Indian corporates and multinational clients operating across Europe. The Company's early move into Cyprus provides Thomas Cook's enterprise clients the advantages of access to EU exclusive travel options and preferential rates among other benefits. TCIL's strategic expansion into Cyprus, also aligns well with the growing momentum in India-EU trade, as expanding Indian businesses seek enhanced access, localised offerings and seamless cross-border operations.

Eurobank's representative office in Mumbai (marking the first physical presence of a Greek and Cypriot bank in India) will be facilitating cross-border corporate transactions and investments between India and Europe and is seen as a strategic step in deepening financial connectivity between the regions.

The Hosteller, India's largest backpacker hostel chain, has partnered with fashion retailer TRENDS on a campaign that pairs destination-specific outfit ideas with The Hosteller's properties nationwide. 

The two brands are also running a joint Instagram contest where participants can win a hostel stay and a vacation wardrobe from TRENDS' latest holiday collection.

The campaign stems from a simple insight: Young Indian travellers plan their trips and their wardrobes at the same time, and the two decisions are more connected than most brands have acknowledged. TRENDS and The Hosteller are addressing both together.

The looks in the campaign are organised by destination type. Beach trips are paired with light, breathable clothing suited to warm coastal weather. Mountain stays are matched with layered pieces that work across shifting temperatures. City breaks are styled with versatile street-wear that moves easily between neighbourhoods and venues. Slower travel destinations are paired with relaxed, easy-to-wear styles suited for longer stays and flexible itineraries. The full range comes from TRENDS, which carries apparel for women, men, and kids across India.

Anand Kumar Bajaj, Founder, MD, CEO, PayNearby

"UPI continues to strengthen its role as one of Bharat's most trusted digital payment rails. In May 2026, UPI processed 23.20 billion transactions worth Rs 29.90 lakh crore, growing 24% in volume and 19% in value. The continued growth reflects how digital payments are becoming deeply integrated into everyday commerce from urban centres to neighbourhood stores and rural communities. 

What is encouraging is the evolution of UPI from a convenience-led payment mode to an essential business utility for consumers, neighbourhood retailers, and micro-entrepreneurs. At the same time, developments around cross-border acceptance, merchant infrastructure, security, and credit integration are deepening trust in the ecosystem.  At PayNearby, we are witnessing this shift closely through PayNearby Saathi, which is helping onboard the next wave of users by enabling assisted to self-service digital adoption across communities.

As Bharat moves towards a more digitally inclusive economy, strengthening last-mile access and trust will be critical to making digital financial services more meaningful, accessible and sustainable for every household."

The next battle for brand visibility may not happen on Page 1 of Google. It may happen inside AI-generated answers consumers increasingly trust.

India, June 1, 2026: As AI platforms increasingly shape how consumers discover products, services, and brands online, a new study by DareAISearch reveals that most businesses remain largely invisible within AI-generated recommendation ecosystems.

According to the latest SearchScore AI Visibility Study, 76.4% of brands scored below 40% in AI visibility across platforms such as ChatGPT, Gemini, and other generative AI search environments.

The study analyzed 254 unique websites across industries during the 24-hour Product Hunt launch window of SearchScore AI and evaluated how consistently brands appeared, were cited, or recommended within AI-generated responses.

The findings suggest that visibility itself is being redefined as consumers increasingly rely on AI-generated recommendations instead of traditional browsing journeys.

Anand Kumar Bajaj, Founder, MD, CEO, PayNearby

UPI continues to strengthen its role as one of Bharat's most trusted digital payment rails. In May 2026, UPI processed 23.20 billion transactions worth ₹29.90 lakh crore, growing 24% in volume and 19% in value. The continued growth reflects how digital payments are becoming deeply integrated into everyday commerce from urban centres to neighbourhood stores and rural communities. 

What is encouraging is the evolution of UPI from a convenience-led payment mode to an essential business utility for consumers, neighbourhood retailers, and micro-entrepreneurs. At the same time, developments around cross-border acceptance, merchant infrastructure, security, and credit integration are deepening trust in the ecosystem.  At PayNearby, we are witnessing this shift closely through PayNearby Saathi, which is helping onboard the next wave of users by enabling assisted to self-service digital adoption across communities.

As Bharat moves towards a more digitally inclusive economy, strengthening last-mile access and trust will be critical to making digital financial services more meaningful, accessible and sustainable for every household.

The University of Glasgow has invested more than 1 million Pound in student wages and paid internships for the second consecutive year, reflecting growing demand for on-campus employment opportunities and paid work experience alongside study.

Having already surpassed the 1 million Pound mark for the 2025-26 academic year, the University is on track to invest a record 1.5 million Pound in student employment through paid internships and part-time roles.

The figures reinforce Glasgow's growing reputation as one of the UK's leading cities for student employability and work experience opportunities.

Located in the city's vibrant West End, the University sits within a thriving network of student-friendly employers, including independent cafes, restaurants, bars, retail businesses and cultural venues. The nearby city centre also provides extensive opportunities through Glasgow's tourism, hospitality and events sectors.

The Indian Association of Tour Operators (IATO), reaffirming its commitment to sustainable and responsible tourism, successfully launched the first phase of its nationwide "Swachh Paryatan Abhiyaan - Cleanliness Awareness Drive" at the iconic Qutub Minar in New Delhi on May 30, 2026.

The initiative brought together IATO members, tourism professionals, students, local stakeholders, and tourism enthusiasts with a shared objective of creating awareness about maintaining cleanliness at monuments and tourist destinations, promoting civic responsibility, encouraging respectful behavior towards tourists, and preserving India's rich heritage and cultural values.

The campaign highlighted the importance of safeguarding India's cultural and historical assets through collective action and responsible visitor behavior. Participants actively engaged in awareness activities and pledged their support towards keeping tourist destinations clean and promoting environmentally responsible tourism practices.

Laxmi Dental stock surged nearly 6% today, driven by strong investor confidence following its latest quarterly results. The rally comes on the back of a robust Q4 and FY26 performance, with the company reporting its highest-ever quarterly revenue, improved profitability, and healthy margin expansion despite tariff-related pressures and broader macroeconomic headwinds. Strong execution across the dental laboratory business, recovery in the clear aligner segment, and continued traction in digital dentistry further supported sentiment. With broad-based growth across key business segments and improving operational momentum, Laxmi Dental appears well positioned to sustain its growth trajectory.

Latent View Analytics Limited (LatentView Analytics | BSE: 543398, NSE: LATENTVIEW), an AI-driven analytics, data engineering, and consulting firm, today announced the addition of Kamal Sharma, Global Connected Digital Hubs Leader at Carrier, and Puneet Talwar, Vice President at TransUnion, to its Advisory Council. 

Together, they bring decades of experience across global capability center (GCC) transformation, AI and machine learning, and enterprise-scale digital strategy. In their advisory roles, Kamal and Puneet will work closely with LatentView's leadership team to provide strategic input on GCC strategy, digital hub evolution, and enterprise AI and data transformation initiatives. Their appointments align with LatentView's focus on helping global organizations use GCCs as innovation hubs to drive agility and measurable business outcomes.

At Carrier, Kamal has been instrumental in establishing high-impact digital hubs across India, Mexico, and China that function as innovation engines for global business transformation rather than traditional delivery centers. Under his leadership, these hubs have evolved into deep-tech ecosystems that enable the adoption of AI and platform engineering to create scalable, future-ready solutions. His leadership spans roles at Jay Kuling Group, and Tally Solutions, where he has consistently focused on enabling organizations to scale through platform-led innovation.

Manufacturers say modules built using domestic cells are substantially more expensive than those using imported cells. Read full report here

Network People Services Technologies Limited (NPST), a digital banking and payments technology company, today announced its financial results for the fourth quarter and full year ending 31 March 2026.

Q4 FY26 Consolidated Performance

Total income for the quarter was Rs 68.46 crore, up 19.75% from Rs 57.17 crore in Q3 FY26. Net profit rose to Rs 12.24 crore from Rs 11.54 crore in the prior quarter, a QoQ improvement of 6%. Diluted EPS for the quarter was Rs 6.17.

EBITDA for the quarter was Rs 19.46 crore, up from Rs 18.74 crore in Q3 FY26. The EBITDA margin remained at 28.43%, broadly stable QoQ.

CoinSwitch Markets Desk

BTC traded below $73K while US stocks continued making new highs, showing that crypto is not yet benefiting from the broader markets. The key area to watch is now $72K-$74K. If buyers defend this zone, the recent pullback could start to settle, especially if US-Iran ceasefire progress improves market confidence. Still, BTC needs a move back above $77K before momentum can turn constructive again. ETF flows remain a concern, with US spot Bitcoin ETFs seeing near $3B in outflows since May 15. Upcoming US jobs and PMI data may decide the next direction  

RHI Magnesita India Limited, the leading manufacturer and supplier of high-grade refractory products, systems and solutions, has reported audited consolidated financial results for the year ended March 31, 2026 (FY2026)

Commenting on the results, Parmod Sagar - Chairman, MD & CEO of RHI Magnesita India Ltd. said, "FY26 reinforced the importance of resilience, agility, and disciplined execution in a dynamic environment. Despite pricing pressures, excess industry capacity, inflationary trends, intense competition, and evolving geopolitical developments leading to elevated energy and freight costs, we have delivered a resilient performance while strengthening our long-term strategic positioning. Structural growth drivers across the steel and cement sectors continue to create opportunities for the refractory industry, particularly for technology-led and sustainability-focused solution providers. We advanced our competitive edge by de-commoditizing refractory business through the 4PRO model, offering integrated, value-added solutions that enhance price realization, deepen customer integration, and improve long-term contract visibility"

Key Financial Highlights - FY26:

MSE has announced that SEBI has approved the appointment of Upma Dada Chawdhry, Public Interest Director, as the Chairperson of the Governing Board of MSE.

A distinguished 1983-batch IAS officer of the Himachal Pradesh cadre, Chawdhry brings over 35 years of rich administrative and governance experience across key areas including finance, rural development, education, industry, tourism, women's empowerment, and public sector reforms.

Her career has been marked by institution-building, policy leadership, and  governance  transformation  at  both  State  and  Central Government levels. She became the first woman Director of the Lal Bahadur Shastri National Academy of Administration in 2016. She has represented India at international forums including the World Trade Organization and has worked closely with several United Nations agencies. Between 2018 and 2021, she served as a Member of the United Nations Committee of Experts on Public Administration and chaired the working group for the United Nations Public Service Awards.

Akshat Siddhant, Lead quant analyst, Mudrex

Bitcoin has entered June trading near the $73,500 level as markets digest a mix of institutional outflows and geopolitical uncertainty. Spot Bitcoin ETFs have recorded more than $2 billion in outflows over the past 10 trading days, reversing much of the momentum built earlier in May. This institutional retreat coincides with heightened geopolitical uncertainty regarding U.S.-Iran diplomatic relations and the aftermath of a $1 billion liquidation event. Market participants are now focused on a narrow range to determine the monthly trend. Key resistance remains at $75,000, while major support is at $71,500. 

WazirX market's desk

"BTC $73,667.27 and ETH $2,009.03 are trading under pressure despite a broadly positive macro backdrop.

Global markets ended the week on a strong note, with US stocks hitting fresh all-time highs as easing geopolitical tensions and progress toward a US-Iran ceasefire boosted investor sentiment. However, Bitcoin is yet to benefit from the risk-on environment.

Rising bond yields, persistent inflation concerns, and nearly $3 billion in spot Bitcoin ETF outflows over the last 10 days continue to weigh on market sentiment.

In crypto, all eyes are on Strategy chairman Michael Saylor after his latest "Working Better" post hinted at another Bitcoin purchase. The move suggests continued institutional conviction even as BTC trades below Strategy's average acquisition cost.

Meanwhile, Vietnam has proposed allowing small businesses to use virtual digital assets as collateral for bank loans, a significant step toward integrating crypto into the existing TradFi system."

Riya Sehgal, Research Analyst, Delta Exchange

The broader crypto market has turned cautious, with market capitalization slipping around 0.5% to nearly $2.48 trillion as Bitcoin-led weakness, ETF outflows, and macro uncertainty continue to weigh on risk appetite. Bitcoin is currently consolidating near the critical $73,000 zone after failing to sustain above $75,000, and the near-term structure remains fragile. On the 4-hour chart, BTC is trading below its key moving averages, with immediate resistance around $73,800-$74,700 and stronger supply near $75,800. A decisive reclaim of these levels could revive upside momentum, but a break below $72,500 may open the path toward $71,500 and $70,850.

Ethereum is also underperforming, trading near $2,000 and struggling below its 20, 50, and 100-period moving averages. For ETH, $1,965-$1,980 remains the key demand zone, while $2,020-$2,046 is the immediate resistance band bulls need to reclaim.

Sentiment remains neutral-to-cautious. The market is reacting not just to technical weakness, but also to sustained spot ETF outflows, dollar/rate uncertainty, and geopolitical risks. Now, Bitcoin's weekly close above or below $73,000, along with fresh ETF flow data, will likely decide whether this is a temporary consolidation or the start of another downside leg.

In Delhi, a 19-kg commercial cylinder cost Rs 1,691.50 in January. With repeated revisions, the price has now climbed to Rs 3,113.50. Read full report here

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 witnessed sharp profit-booking on Friday, declining 359 points (1.5%) to close at 23,547.8 after a late-session selloff erased intraday gains. Despite the domestic weakness, global cues remain supportive. US markets ended May on a positive note, with the Dow Jones, S&P 500, and Nasdaq extending their gains, supported by continued strength in AI-led technology stocks and improving risk appetite.

Asian markets have started the week on a firm footing, led by gains in Japan, Hong Kong, and South Korea, while GIFT Nifty indicates a positive opening for Indian equities. The resilience in global equities and improving sentiment across Asian markets could help domestic benchmarks recover from Friday's corrective move.

However, investors will continue to monitor crude oil prices, which have moved higher amid uncertainty surrounding US-Iran ceasefire negotiations. While elevated crude remains a near-term concern, the broader market undertone remains constructive as long as key support zones hold.

Technically, Nifty is likely to witness buying interest on declines, with 23,400 and 23,200 acting as immediate support levels. On the upside, a sustained move above 23,850 could trigger fresh short covering and strengthen the recovery momentum towards the 24,000 mark. Overall, the bias remains cautiously positive, supported by favorable global cues and a strong indication from GIFT Nifty.

At the close on Friday (May 29), the total market cap stood at Rs 4,65,34,285.