Anil Godara, Founder and Managing Director, J Estates

We expect the RBI to keep the repo rate unchanged, as stability in borrowing costs remains important for the real estate sector. A steady interest rate environment supports buyer confidence by ensuring greater predictability in home loan repayments, which is particularly important for end-user demand. For developers, policy continuity helps in financial planning, project execution and investment decisions without the uncertainty of fluctuating financing costs. At a time when the housing market continues to witness healthy demand, maintaining the current rate cycle could help to sustain momentum across the real estate market and support the sector's long-term growth trajectory. 

Ashish Agarwal, Director, AU Real Estate

At a time when global uncertainties and geopolitical tensions continue to impact economic sentiment, we expect the RBI to keep the repo rate stable. A steady interest rate environment provides much-needed clarity for long-term planning and investment decisions. Policy stability is important for managing inflation, as it helps to create confidence among developers, investors and buyers. For the real estate sector, stable borrowing costs are crucial in sustaining the demand momentum that the market has witnessed over the past few years. It allows aspiring homebuyers to make purchase decisions with greater confidence while also encouraging continued investment across the sector. 

Pratik Tibrewala, Senior Vice President & Head Corporate Finance at M3M India

"The upcoming monetary policy announcement will be closely watched by both homebuyers and the real estate industry. While inflationary pressures and global economic uncertainties remain key considerations for the RBI, the residential real estate sector has demonstrated strong resilience, supported by sustained demand, rising incomes, and growing consumer confidence. Any accommodative stance or indication of future rate stability would further strengthen buyer sentiment, particularly in the mid-income and premium housing segments. At the same time, a stable interest rate environment provides greater visibility for both developers and homebuyers, supporting long-term investment decisions. We believe India's real estate sector remains well-positioned for growth, backed by strong fundamentals, infrastructure development, and continued urbanization trends."

Sapan Gupta, Chief Financial Officer, Rodic Consultants

"The upcoming MPC decision is one the infrastructure sector will watch closely. Interest rates influence investment decisions not only through sentiment but also through their impact on financing costs. For infrastructure companies, the cost of capital plays an important role in determining how quickly projects progress from planning to execution. A supportive interest-rate environment can help improve financing conditions for project stakeholders and encourage both public and private sector investments. India's long-term infrastructure ambitions across connectivity, urban development and multimodal transport remain strong, providing a solid structural foundation for growth. However, the near-term policy stance will influence the pace at which project pipelines are activated and implemented in the coming quarters. We we remain optimistic about the sector's long-term growth prospects, supported by strong government focus and continued infrastructure development initiatives."

Preeti Rai, President Sales and Strategy, Origen Realty

"The upcoming MPC decision regarding repo rate will be significant for the real estate sector. We expect the RBI to maintain the stability of current repo rate to support homebuyer confidence and developer investments. Predictable borrowing costs help homebuyers make informed purchasing decisions while enabling developers to focus on project execution and long-term planning. The housing market continues to witness healthy demand, supported by improving infrastructure and urban development. Maintaining the current rate cycle would help sustain market momentum, preserve positive sentiment, support the continued growth of the real estate sector and the broader economy".

Aman Sharma, Managing Director and Founder, Aarize Group

RBI's decision to hold repo rate steady is a welcome signal of stability in the current economic environment. It brings continuity for homebuyers as EMIs remain unchanged, helping them plan their finances with greater confidence. While global headwinds and input costs continue to pose challenges, a stable rate environment allows developers to focus on execution and timely delivery instead of reacting to volatility. For the sector, this stability helps to sustain buyer sentiment and keeps investment momentum intact, particularly in markets driven by end users. It's a measured move that supports sustained long-term housing demand. 

Parvinder Singh, CEO, Trident Realty

The RBI's decision to keep the repo rate unchanged is a welcome signal of stability in the current economic environment. Stability in interest rates will provide confidence to prospective buyers, and it allows them to make long-term financial commitments with greater certainty. For developers, a predictable rate environment supports better planning and execution while helping to maintain the momentum across the sector. An unchanged rate environment will support investment decisions and provide greater visibility for long-term planning. 

Persistent Systems (BSE: 533179 and NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, collaborated on an AI engineering talent initiative with Databricks and the Milwaukee School of Engineering (MSOE) to help strengthen the next generation of enterprise-ready AI talent.

Developed in collaboration with the MSOE AI Club, Persistent anchored a Databricks-powered AI Hackathon to scale AI delivery capabilities through deeper collaboration across academia, technology ecosystems and industry practitioners. The program provided students with the opportunity to work with AI professionals, bridging the gap between academic AI learning and real-world implementation.

Using the Databricks Data Intelligence Platform and supported by the Databricks University Alliance, the initiative gave students hands-on exposure to advanced data and AI engineering environments used in modern analytics, Generative AI and operational AI deployments. It also emphasized on operational scalability, governance, reliability and engineering discipline. Participants worked across the AI lifecycle using technologies including Delta Lake, Unity Catalog, Agent Bricks, and Databricks Workflows, gaining practical experience in scalable AI pipelines, governed data environments, AI orchestration and production-ready AI architectures.

GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement with Powerica Limited to supply 28 of its 3.8 MW-154m onshore wind turbines for the Botad Wind Farm in Gujarat, India. The 100 MW project marks the debut of GE Vernova's 3.8 MW workhorse turbine in the Indian market, a key milestone in the company's strategy to expand its onshore wind portfolio in one of the world's fastest-growing renewable energy markets.

The deal includes turbine supply and installation and further strengthens a partnership that has now delivered four wind farm projects together. Powerica secured the project's Power Purchase Agreement (PPA) through a competitive auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). Deliveries for the project are expected to begin in the fourth quarter of 2026.

The Thesis

With Brent pinned near $97 on Iran ceasefire fragility and India VIX spiking 8% to 16.56, today's tilt leans into domestic-cyclical commodity producers with pricing power - not defensives. The Nifty 500's +0.4% recovery off a soft open confirms DII counter-buying (₹9,589 Cr) is absorbing FII outflows (₹8,363 Cr), validating a lean toward metals and mid-tier financials over IT-led decliners.

Where We're Concentrated

Heaviest weight sits on base-metals reflation (NMDC, NALCO, Vedanta) and mid-tier financials (Federal Bank, Sammaan Capital, LIC). Auto components via Bosch and discretionary autos (Maruti, Bajaj Auto) add cyclical breadth. What breaks the thesis: a Hormuz closure that pushes Brent above $100 - input-cost spikes invert autos and a fresh INR leg-down would compound. A sudden ceasefire reversal would cut the VIX bid and unwind the metals hedge.

Conviction Picks

Highest Conviction

NMDC

Iron ore PSU benefits from China commodity restock and India infra capex; cushioned if Hormuz-driven crude stays bid.

Federal Bank

Mid-tier private bank with diversified SME book; loan growth widens as RBI holds repo at 5.25% amid global risk.

Sammaan Capital

NBFC riding affordable housing demand and credit-spread compression as DII liquidity offsets FII selling.

Bosch

Auto components leader; premium positioning insulates margins even as fuel costs lift downstream input pressure.

National Aluminium

Aluminum PSU geared to global metals reflation; integrated power-and-bauxite cost edge limits Brent passthrough.

One Thing to Watch

Brent above $100. A Hormuz incident pushing Brent through that line inverts the metals-and-autos tilt; under it, the commodity-reflation trade stays in play and DII flows keep buffering FII risk-off.

Samsung India felicitated 30 outstanding students from across the country under the Samsung Innovation Campus (SIC) programme, awarding each topper Rs 1 lakh for exceptional performance in each of the four courses­ -- Artificial Intelligence (AI), Coding & Programming, Internet of Things (IoT) and Big Data.

The awardees included four national toppers, along with 26 state-level toppers and one social media champion, selected from 20,000 students trained through Samsung Innovation Campus, the company's flagship CSR programme. The students selected from the 2025 cohort represent 10 states, reflecting the growing spread of technology talent beyond India's traditional innovation hubs

Rajan Luthra, CFO, Action Construction Equipment Ltd.

"The MPC's upcoming decision will be significant for India's construction and infrastructure sector, where financing conditions directly influence investment, capacity expansion and project execution. A stable or accommodative policy stance would support capital deployment, improve access to financing and strengthen business confidence across the infrastructure value chain. Backed by the government's sustained focus on capital expenditure, connectivity and urban development, the sector continues to benefit from strong structural growth drivers. The upcoming policy decision will play an important role in sustaining this momentum, enabling faster project execution, encouraging fresh investments and supporting India's long-term infrastructure development objectives."

Money in an atom keeps earning the full savings rate with interest credited daily, and unlike a fixed deposit, it can be withdrawn at any time.

'slice', India's leading digital and AI bank, today launched atom, a way for customers to set money aside for different goals inside a single savings account.

More than 5 million savings accounts have been opened on slice since March of last year, when the bank launched the product. atom is built for what those customers asked for next, a way to earmark money for specific goals without the friction of a second account.

Smaller fleet owners may face challenges due to the new Haryana EV law because electric vehicles still involve higher upfront costs, say experts. Read full report here

TransBnk, India's leading tech-first corporate banking and financial infrastructure platform, today unveiled its strategic rebranding to TBX, underscoring the company's evolution from a transaction banking infrastructure solutions provider into a comprehensive one-of-its-kind connected ecosystem for enterprises, banks, NBFCs, fintech firms, financial institutions, and corporates through APIs, SaaS platforms, and enterprise-grade financial infrastructure.

More than a mere visual transformation, the rebranding strategy will present TransBnk's refreshed brand identity, positioning framework, brand language, and digital presence, showcasing the company's capabilities, maturity, and future direction.

What began as transaction banking infrastructure has steadily expanded into a broader corporate banking and enterprise financial operations ecosystem spanning treasury management, cash management, payments, collections, escrow, reconciliation, banking platforms, API marketplace capabilities, and connected financial workflows delivered through both API-first and SaaS-based models. This evolution is not incidental - it reflects a deliberate response to a space that is opening up with possibilities unlike any seen before, and TBX has built precisely the depth, breadth, and infrastructure maturity to be at the forefront of what comes next.

360 ONE Mutual Fund today announced the launch of the DynaSIF Equity Ex-Top 100 Long-Short Fund, under its Specialised Investment Fund (SIF) segment, DynaSIF. It is an open-ended Equity SIF strategy designed with an aim to generate long-term capital appreciation through structural, cyclical, and tactical investing opportunities primarily in mid- and small-cap equities. It also offers the flexibility to take limited short exposure to equities through derivatives of stocks other than large-cap stocks. The NFO opens on 5th June, 2026 and closes on 19th June, 2026.

India's mid- and small-cap universe offers a compelling long-term opportunity, driven by strong earnings growth potential and improving corporate governance. Capturing it well requires a disciplined framework for picking quality stocks and active risk management, including the ability to take short positions through derivatives to generate alpha across market cycles.

Investment signals growing appetite for clinically-backed K-Beauty in the Indian market; KorinMi achieved profitability within six months of launch KorinMi, India's first Korean skin clinic and recently featured in Shark Tank India Season 5, has raised Rs 10 crore in a seed funding round led by Lotus Herbals, one of India's leading beauty and

wellness companies. The round also includes participation from some strategic angel investors.

As part of the investment, Lotus Herbals will join KorinMi's Board of Directors. This funding follows a successful Rs 3 crore pre-seed round in 2025, which supported the brand's initial rollout in the Delhi-NCR region. Since launching its flagship clinic in Worldmark, Gurgaon,

KorinMi has seen rapid growth, serving over 3000+ customers and reaching operational profitability within just six months of launch.

Rajesh Exports 'Scam': SEBI alleged that the revenues reported at the group level were higher than the revenues that could actually be verified. Read full report here

Coralogix, the data and AI platform for observability, today announced it has raised $200 million in Series F funding. The round was co-led by Advent, CPPIB, and Greenfield, with participation from Brighton Park Capital, bringing total funding in Coralogix to $550M.

"AI is fundamentally changing the way enterprises operate, and observability is quickly evolving into a core layer of business intelligence," said Alek Ferro of Advent. "Coralogix has consistently stayed ahead of that transformation, building a platform designed for the scale, speed and complexity of the agentic era. Since our initial investment, the company has continued to accelerate innovation and market adoption, reinforcing our belief that Coralogix is positioned to define the future of AI-powered observability."

Riya Sehgal, Research Analyst, Delta Exchange

The latest crypto market selloff appears to be a result of multiple pressure points hitting the market at the same time. Bitcoin's sharp move toward the $61,000-$63,000 zone, with an intraday low near $61,500, and Ethereum's break below $1,800, with an intraday low around $1,730, reflect a strong risk-off phase driven by heavy ETF outflows, long liquidation cascades, geopolitical uncertainty, and a clear technical breakdown below key support levels. According to CoinGlass data, nearly $1.76 billion worth of positions were liquidated in 24 hours, with over 284,000 traders impacted, highlighting the scale of leverage unwinding in the system.

Volatility has also expanded sharply, with the broader BTC volatility gauge rising toward the 50 zone, while ATR has spiked, confirming heightened market stress, wider price swings, and aggressive deleveraging.

Technically, BTC has lost the $65,000-$66,000 support zone and is trading below its major 4-hour EMAs, keeping the short-term bias bearish. A sustained break below $62,000 could expose $60,000, while recovery requires BTC to reclaim $65,000 first and then $68,000-$70,000. Ethereum is also under pressure after slipping below $1,800, with $1,700-$1,720 acting as immediate support. Unless ETH reclaims $1,850-$1,880, bounces may remain vulnerable to selling.

India is considered an outlier because many major international financial centres, such as Singapore and Hong Kong, generally do not impose capital gains tax on foreign portfolio investors. Read full report here

CoinSwitch Markets Desk

BTC’s break below $65K shows that the market is still digesting weaker ETF flows, Strategy’s BTC sale, and capital shifting toward AI-linked equities. The move does not necessarily change the long-term thesis, but near-term momentum has clearly softened as BTC lacks a strong spot-demand trigger and leverage remains elevated. This makes the market more sensitive to negative flows and macro headlines. If fresh demand does not return, a $60K retest remains possible. On the other side, US Treasury Secretary Scott Bessent said the administration wants the CLARITY Act passed this summer, which could improve crypto regulatory clarity in the US.

The government will completely eliminate capital gains tax on investments made by foreign portfolio investors (FPIs) in Indian government securities (G-secs). Read full report here

Akshat Siddhant,  Lead Quant Analyst, Mudrex

Bitcoin briefly touched the $61,000 mark as selling pressure from a large Mt. Gox wallet transfer and consistent spot Bitcoin ETF outflows converged with Strategy's first disclosed Bitcoin sale in three and a half years. The volatility triggered approximately $1.25 billion in leveraged liquidations within a 24-hour period, a majority of which were long positions. Today's attention turns to the US jobless claims data, the last major labour market read before Friday's nonfarm payrolls report, both of which will weigh on the US Fed's rate decision due later this month. Bitcoin currently rests at $64,000, which makes the $60,000 zone a critical support, while a sustained move above $70,000 would signal that buyers have regained control.

Currently, foreign investors pay a 12.5 per cent long-term capital gains (LTCG) tax on bonds and listed shares held for more than 12 months. Read full report here

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 ended Wednesday's session at 23,405.60, down 78 points (0.33%), though the closing figure masked significant intraday volatility. The index witnessed sharp selling pressure amid escalating geopolitical tensions in the Gulf region and a spike in crude oil prices, before a strong recovery in banking and select heavyweight stocks helped trim losses substantially by the close.

Global cues remain mixed as Wall Street retreated from record highs overnight, weighed down by rising energy prices and concerns over inflationary pressures. Asian markets also traded with a negative bias, reflecting cautious investor sentiment amid elevated geopolitical uncertainty and higher crude oil prices.

For domestic markets, crude oil remains the key monitorable. Sustained strength in Brent crude could keep pressure on inflation expectations and India's import bill, while investors also await further clarity on both geopolitical developments and domestic policy triggers. In the absence of any meaningful positive announcement from either the global geopolitical front or local economic developments, market sentiment is likely to remain range-bound and selective.

Technically, the undertone remains cautious as long as the Nifty trades below the crucial 23,500-23,600 resistance zone. A decisive move above this hurdle is essential to improve sentiment and trigger fresh directional buying. On the downside, the 23,200-23,150 zone continues to act as an important support area, while a breach could open the door for further weakness towards the 23,000 mark. Until a clear breakout emerges or a positive catalyst revives risk appetite, traders are likely to maintain a stock-specific approach with a cautious bias.

WazirX market's desk

"Capital tends to move where investors perceive opportunities at a given point in the economic cycle. In environments marked by shifting macroeconomic conditions, investors frequently rebalance portfolios toward assets like gold, commodities or any trending stocks. This explains the current crypto market dynamic. Industry reports indicate that institutional and retail investors might be temporarily allocating their money out of crypto, resulting in liquidity outflows from Bitcoin ETFs that reached over a billion dollars last month.

Technical indicators are currently bearish for BTC. The next few days are critical for Bitcoin as markets are watching the $60k levels closely. If Bitcoin holds up above $62k, it could bounce back to $65k levels easily. Ethereum which is 23% down since its levels last month is facing challenges due to base layer fee turbulence. However, analysts point towards a shift in Ethereum's use case as a settlement token across the blockchain network's projects. This could mean a bullish long-term roadmap, which will become prominent once the temporary market setback is shaken off."

Markets are expected to open weak as Gift Nifty indicates a decline of around 200 points. Global sentiment remains cautious due to geopolitical tensions, elevated crude oil prices, continued FII selling, and uncertainty ahead of tomorrow's RBI policy announcement.

Focus Sectors: Electric Bus & EV Stocks - Delhi's Rs 5,041 crore clean transport scheme may benefit companies like JBM Auto and Olectra.

Metals - Positive outlook due to rising base metal prices. 

Banks, NBFCs & Realty - Likely to remain in focus ahead of the RBI policy decision.

Stocks in Focus: Mankind Pharma, DCB Bank, IDBI Bank, NMDC Steel, Olectra, BSE.

Overall, expect volatility to remain high. Stock-specific opportunities may outperform the broader market.

IRDAI has tightened transparency requirements. If an insurer rejects a claim, it must explain the reason and point to the specific policy clause. Read full report here

At the close on Wednesday (June 4), the total market cap of all BSE Sensex companies stood at Rs 4,61,05,955.