Stocks to Watch: Key Market Updates After June 8 Close to Impact Trading on June 9 Morning

Indian markets are expected to watch several corporate and regulatory developments on June 9, 2026, spanning telecom, infrastructure, banking, real estate, hotels, and industrial orders.

A major legal development came from the Bombay High Court, which granted relief to Bharti Airtel and Vodafone Idea in the One Time Spectrum Charges (OTSC) case. The court accepted the companies’ petitions, quashed all demand notices and orders issued by the central government on OTSC, and set aside related enforcement actions. The ruling is estimated to reduce liabilities by about Rs 20,000 crore in total, including around Rs 9,000 crore for Bharti Airtel and Rs 11,000 crore for Vodafone Idea. The court also directed the return of bank guarantees submitted by the companies. The case remains pending before the Supreme Court, so the matter is not fully closed yet, but the decision is seen as an important legal and financial relief, especially for Vodafone Idea.

Adani Enterprises may remain in focus after the company disclosed that its wholly owned step-down subsidiary, Adani Airport City Limited, signed a share purchase agreement to acquire 100% equity in Portus Ventures Private Limited. The transaction was executed on June 8, 2026, and is expected to be completed by June 17, 2026.

RVNL drew attention after announcing a fresh order worth Rs 221 crore from South East Central Railway for railway infrastructure work. This comes after the stock closed nearly 3% lower on June 8. The new project is expected to support RVNL’s order book and future revenue visibility.

IRB Infrastructure Developers reported strong toll revenue growth for May 2026. Gross toll collection rose 25% year-on-year to Rs 843 crore, reflecting higher traffic volumes across its toll road network and stronger highway usage in the country. The increase is likely to support cash flow and project execution.

ABFRL also stayed on investors’ radar after TMRW, its wholly owned digital fashion venture, increased its stake in Bewakoof by acquiring an additional 10.02% through a secondary purchase. TMRW’s holding in the brand has now risen to 99.03%, giving it near-total control. The move reinforces ABFRL’s focus on digital-first and D2C fashion businesses.

HCL Technologies closed slightly lower but announced a partnership with Google Cloud to launch an AI Innovation Zone in the US, a move that may support its enterprise AI strategy.

SML Isuzu posted healthy May 2026 performance, with commercial vehicle sales rising 11.6%, production up 6.9%, and exports more than doubling year-on-year.

Hindustan Copper appointed Anupam Mishra as Chairman and Director until February 2030, marking a key leadership change at the state-owned copper producer.

Royal Orchid Hotels announced the launch of “Z by Regenta City Centre” in Ahmedabad, a 43-room property aimed at Gen Z and millennial travelers.

JNK India secured a large order from CC7 Emirates Engineering Solutions LLC in the UAE for the TA’ZIZ Salt Project in Abu Dhabi, covering design, engineering, manufacturing, procurement, supply, and support services through December 2027.

PNB Gilts may also react after RBI notified major FPI-friendly changes for government securities, including the inclusion of sovereign green bonds under FAR.

Gokul Agro Resources saw changes in its board after three independent directors completed their final term.

Brigade Enterprises closed lower but received shareholder approval for a 1:3 bonus issue, with the record date set for June 17, 2026.