Friday, the following stocks are in the spotlight in the Indian market due to stock or sector-specific news or reports. Stock prices are taken from the BSE, unless stated otherwise. Larsen & Toubro (Rs,1,411, down 2.36%) - The engineering and construction giant and the Franco-German aerospace and defence group, EADS, plan to revive a joint venture which was earlier rejected by the government.
Bharti Airtel (Rs.296.85, down 2.26%), Reliance Communication (Rs.162.50, down 1.46%), Idea Cellular (Rs.57.40, down 2.21%) -Vodafone group said that revenues from Indian venture, in which Essar owns a 33% stake, grew by 13.8% to 767 million pounds in the third quarter ended December.
Criticizing the recommendations of an expert panel for a fuel price hike, UPA allies Trinamool Congress and DMK parties as well as the opposition parties such as the BJP, CPI(M), CPI and Akali Dal have pledged to fight against a fresh increase in the prices of petroleum products. BPCL is moving down 0.52%, HPCL is declining 0.98%, IOC is losing 1.12% and ONGC is down 3.04%.
ICICI Bank (Rs.798.40, down 3.73%) - The private sector lender sees no upside pressure on interest rates immediately.
SAIL (Rs.205.50, down 3.34%) - Steel prices remain stable now but may increase in the near-term if raw material costs increase significantly, SK Roongta, chairman of the state-run firm said.
Jet Airways (Rs.479.50, down 1.78%) - Sahara Group chief Subrata Roy on Thursday said his company is open to all options to settle the dispute with Jet Airways over non-payment of installments in the Air Sahara buyout deal.
Twilight Litaka Pharma (Rs.84.75, down 4.50%) - The company has convened an extraordinary general meeting on March 2 to transact business in connection with raising of long-term funds to the extent of Rs.168 crore by issuing various securities.
Mahindra & Mahindra (Rs.1,004, down 1.22%) - The utility vehicle maker is holding talks with global players to develop premium bikes for the Indian market.
Sun Pharma (Rs.1,480, down 0.95%) - The Israeli Supreme Court has barred the Indian drugmaker from exercising a warrant to buy additional Taro shares till the court comes out with a final judgement.
Essar Oil (Rs.135.20, down 2.70%) - The private fuel retailer is still in talks with Royal Dutch Shell Plc on buying three refineries in Europe.
Wockhardt (Rs.162.55, down 2.31%) -The Bombay High Court on Thursday asked the the Indian drugmaker to deposit the proceeds from a proposed sale of the nutrition business in an escrow account, if the court allows its deal with U.S. drug firm Abbott Laboratories Inc to go through.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.