Stocks to watch, June 5: Rate-sensitives, Lupin, CG Power, Aurobindo Pharma, Hindalco, Ola Electric

The domestic equity market is expected to open in positive territory on Friday, June 5. GIFT NIFTY futures, as last seen, indicate that the NIFTY50 index may open 56 points higher.

Markets broadly expect the central bank to keep the key policy rate unchanged at 5.25%, as it continues to adopt a cautious stance amid global uncertainties, including the West Asia conflict, which poses risks to both inflation and economic growth.

The six-member MPC began its three-day policy deliberations on Wednesday.

A PTI poll of economists and treasury heads indicates that the RBI is likely to maintain the status quo this time. Of the respondents surveyed, 11 expect no change in rates, while four anticipate a 0.25% hike.

RanluspecTM is the only interchangeable biosimilar ranibizumab approved in the United States in both vial and prefilled syringe (PFS) formulations. Both the vial and PFS presentations are approved in both strengths available for Lucentis®, 0.3 mg (0.05 mL of 6 mg/mL), and 0.5 mg (0.05 mL of 10 mg/mL).

The business under the brand name ‘Eternia’ has been registering nearly 65% CAGR growth over the last three years, the company said in a statement.

The S3 Unit-II facility in Pimpalgaon Garudeshwar is in addition to the S3 Unit-I manufacturing facility at Ambad, Nashik, which manufactures EHV circuit breakers in the 33 kilovolt (kV) to 800 kV range, according to a regulatory filing dated June 4.

The new facility will manufacture EHV circuit breakers in the 33 kV to 245 kV range and expand CG Power’s EHV circuit breaker manufacturing capacity by 80%. The commercial production commenced on Thursday, June 4.

The issue received bids worth about ₹780 crore, with demand from long-only investors, including global names such as Goldman Sachs and BNP Climate Fund, alongside Indian mutual funds such as Motilal Oswal Mutual Fund, Mirae Asset Mutual Fund, Kotak Mahindra Mutual Fund, JM Financial Mutual Fund, and Baroda BNP Paribas Mutual Fund, among others.

The development marks a key regulatory milestone in the merger process, although the scheme will still require further statutory approvals and consent from shareholders and creditors.

The budget carrier has decided to temporarily suspend services to Langkawi, Krabi, Ho Chi Minh, Hong Kong, and Shanghai starting July 1 and Siem Reap effective July 3 until September 30, IndiGo said in a statement.

The decision has been taken in view of a traditionally softer demand in the upcoming quarter and an incredibly challenging cost environment, it said.

IndiGo will resume bookings for all impacted services starting October 1, subject to an improved environment, it said, adding that the airline stands prepared to reinstate these services earlier than scheduled, in appropriate lead time.

The carrier also stated that it has managed to retain the majority of its international operations -- over 1,800 weekly international flights -- despite this realignment.

"Built for a platform serving 264 million annual transacting users and 717 million placed orders in Q4 FY26, PRISM is designed for this reality, shifting commerce from keyword-led search to real-time intent understanding and product discovery,” the company said.

Traditional e-commerce was built around the search bar, assuming users can clearly articulate what they want. For a large part of India, that assumption breaks down.

“Today, over 75% of orders on Meesho originate from AI-driven personalised feeds powered by PRISM," the company said.