NSE has extended the market closing time for futures and options (F&O) contracts by 10 minutes, from 3:30 pm to 3:40 pm, effective August 3. The move aligns derivatives trading with the newly introduced Closing Auction Session, scheduled from 3:15 pm to 3:35 pm, which will determine the official stock closing prices. The trade modification end time shall remain unchanged.

Finance Ministry's Economic Review for May flagged multiple risks facing the Indian economy, which still reflects "cautious resilience". It noted that the West Asia war is a "major shock" and that its pressures are beginning to transmit into domestic economic conditions. It also flagged risks like rising wholesale inflation, moderation in fuel consumption and industrial activity, and FPI outflows.

Indian companies have announced share buybacks worth about ₹25,000 crore in 2026 so far, the highest level since 2023, Mint reported. Twenty-two firms have unveiled buyback plans this year, including 10 in the last two months alone. Analysts attribute the surge to favourable tax changes and strong balance sheets, with Wipro's ₹15,000 crore offer being the largest.

Foreign Portfolio Investors (FPIs) remained net sellers for the third straight month, pulling out ₹32,963 crore from Indian equities in May, according to NSDL data. This comes amid ongoing tensions in West Asia, which have led to a surge in crude prices, raising concerns over India's import bill and inflation trajectory. FPIs had sold equities worth ₹60,847 crore in April.

NSE welcomed the new rule allowing companies to channel up to 10% of their annual CSR spending through instruments listed on Social Stock Exchanges, saying it would benefit not-for-profit organisations. The move also permits investments in Zero Coupon Zero Principal Instruments, enhancing funding accessibility. A social stock exchange enables social organisations to raise funds from public.

The GST Department has issued a tax demand notice of ₹124.65 crore to SpiceJet over alleged non-filing of GST returns for several months, officials said. Authorities have also issued a show-cause notice seeking cancellation of the airline's GST registration. The department added SpiceJet repeatedly committed irregularities in filings, leading to dues of nearly ₹12 crore each in February and March.

India and the United States are close to finalising an interim trade agreement, with negotiations 99% complete, US Ambassador to India Sergio Gor said. He expressed confidence that the deal could be signed in the coming weeks. A US delegation led by the country's chief trade negotiator is expected to visit India from June 1 to 4 to advance discussions.

Nvidia CEO Jensen Huang hosted a dinner for his business partners in Taiwan, an event dubbed the 'trillion-dollar' dinner over its billionaire attendees. Huang also gave an impromptu TV interview during the dinner and shouted, "Wei, say 'Hi!' We're on TV," while addressing TSMC Chairman CC Wei. The dinner's attendees included Pegatron Chairman TH Tung and Acer Chairman Jason Chen.

Asian Paints reported a 69% year-on-year rise in consolidated net profit for Q4 FY26 to ₹1,172 crore, while revenue increased by around 11% to ₹9,228 crore. The company's board recommended a final dividend of ₹23 per share and fixed June 23, 2026, as the record date. Its PBDIT margin improved to 19.4% from 17.2% a year earlier.

The proposed ₹20,667-crore Ahmedabad (Sarkhej)-Dholera semi-high-speed double-line rail project is expected to boost Gujarat's logistics sector. The 134-km corridor will connect key manufacturing, aviation, tourism, and logistics hubs. The seamless transportation network is expected to facilitate industrial growth and improve freight mobility across western India.