Laborghini trolled Ferrari after the latter faced criticism globally over its first fully-electric vehicle, 'Luce', which Apple's iPhone designer Jony Ive designed. "Proud to keep you dreaming," Lamborghini wrote, sharing pictures of its Aventador sports car in the same colour as the launch colour of Luce. "Shots fired," an X user replied, while another said, "Ferrari lost it this time."

India is likely to become a stock-pickers' market in June as domestic money flows selectively into specific sectors while bearish bets by foreign investors cap broader gains, brokerages Systematix Group and Axis Direct said. They added that May's derivatives series signalled shift in "market character", marking a transition from a short-covering-led recovery to fresh positioning at higher levels.

The Income Tax Department has enabled online filing of ITR-2 for AY 2026-27 on its e-filing portal. The form applies to individuals and HUFs with income from capital gains, salary or pension, multiple house properties, and other sources such as interest and dividends. It is not meant for taxpayers with business or professional income.

Japan suspended imports of Indian mangoes, 20 years after resuming them, after a single inspection of a quarantine facility in UP's Rehmanpur. According to The Print, this was done after Japanese inspectors found deficiencies in fumigation protocols and disinfection measures during their annual inspection. The quarantine process is a mandatory prerequisite for Indian mangoes imported by Japan.

HCLTech launched an autonomous finance platform designed for Google Cloud’s Gemini Enterprise. The AI-led platform automates finance workflows across Invoice-to-Pay, Order-to-Cash, FP&A and Record-to-Report functions. The company stated that the platform combines Google Gemini Enterprise AI stack with HCLTech’s finance domain expertise to reduce manual intervention in finance operations.

Simplex Castings received RDSO approval for prototype testing of Cast Steel CASNUB Bogies and railway wagon components. The approval enables participation in railway tenders and expansion in the domestic railway market. The company targets around ₹50 crore railway revenue in the current financial year and over ₹100 crore revenue by next financial year.

Zen Technologies launched its Integrated Smart Border Suite, an AI-enabled border security solution with anti-drone platforms, loitering munitions, interceptor drones, thermal surveillance systems and remote-controlled weapon stations. The company stated that the system supports the Government of India’s “Impenetrable Smart Border” vision across nearly 6,000 km of border frontiers.

GIFT Nifty Futures traded at 23,661, down 314 points or 1.34% on May 28, 2026, as rising US-Iran tensions triggered risk-off sentiment across global markets. Brent crude rebounded to around USD 96.31 per barrel after fresh military exchanges, while weakness across Asian equities and higher oil prices weighed on market sentiment.

Swan Defence reported Q4FY26 revenue growth of 4,709% YoY to ₹236.28 crore, while FY26 revenue rose 3,910% to ₹282.14 crore. The company reported FY26 net loss of ₹225.97 crore after one-time book loss of ₹262 crore on offshore vessel sale. The board also approved enabling resolution to raise up to ₹4,000 crore.

NTPC completed commercial operations of the final 105 MW tranche of the 1,200 MW Khavda-II Solar PV Project from May 28, 2026. Following the commissioning, NTPC Group’s total installed capacity increased to 90,773 MW, while commercial capacity reached 88,893 MW, strengthening the company’s renewable energy portfolio and clean energy expansion plans.