Wednesday, 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.
The 30-share Sensex average is currently trading firm at 18,096, up about 125 points or 0.71% and the 50-share Nifty is adding 33 points or 0.61%.
SBI associated banks such as State Bank of Mysore (up 5.36%), State Bank of Bikaner and Jaipur (up 5.28%) and State Bank of Travancore (up 4.32%) are rallying on speculation surrounding their merger with parent bank SBI.
Reliance Broadcast Network is locked at the 5% upper circuit limit ahead of a board meet today to consider a preferential allotment of equity shares.
Adani Power (Rs.137.40, up 1.07%) - The company plans to invest about Rs.82,500 crore to increase its capacity almost 17-fold to 16,500 megawatts in the next four years, the Bloomberg quoted Chief Executive Officer Ravi Sharma as saying in a telephone interview.
Sayaji Hotels (Rs.111, up 1.74%) - The company is issuing 15 lakh fresh equity shares and 18 lakh fresh convertible warrants to promoters at Rs 125 each.
Bilcare (Rs.542.50, up 0.62%) - The German unit of the company has successfully acquired INEOS Group's global business.
Colgate Palmolive (India) is posting a modest half a percent gain after it received approval from the High Court for a scheme of amalgamation with CC Health Care Products.
Natco Pharma (Rs.262.90, up 4.70%) - The drugmaker sought the U.S. FDA approval to sell lenalidomide capsules in the American market.
Idea Cellular (up 0.5%), Bharti Airtel (up 2.37%) and Reliance Communication (up 2.56%) - The government will start allotting the 3G spectrum to successful bidders today.
Kalpataru Power Transmission (Rs.1,000, up 1.49%) - The company fixed September 9 as the record date for a 5-for-1 stock split.
Likewise, shares of JVL Agro Industries are climbing almost 5% after the company proposed to consider a stock split.
Bajaj Electricals (Rs.295, up 2.13%) - The company's EPC division has bagged new prestigious orders worth over Rs.408 crore to construct 312 km of 400 KV double-circuit transmission lines under the Rajiv Gandhi Gramin Vidhyutikaran Yojna scheme.
Tata Communications (Rs.339.85, up 2.24%) - The company has opened its state-of-the-art Tata Communications Exchange (TCX) data centre in Singapore to meet the growing IT outsourcing needs of enterprises in the Asia-Pacific region.
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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.