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Stock Market Highlights Today: BSE Sensex ends over 500 points down, Nifty50 below 23,400 as global crude oil prices rise 2%

Stock Market Highlights Today: After a positive start to the day, BSE Sensex and Nifty50 ended the session in red. Market expert...

The Times of India | Jun 01, 2026, 15:52:36 IST

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15:52 (IST), Jun, 01

Sensex Today Live: Top 10 losers on BSE Sensex today

1. HUL: Current Price 2,084 | Price Change -69.20 (-) | -3.22% (-)
2. ITC: Current Price 279.65 | Price Change -7.25 (-) | -2.53% (-)
3. M&M: Current Price 2,970 | Price Change -75.41 (-) | -2.48% (-)
4. UltraTech Cem.: Current Price 11,232 | Price Change -250.00 (-) | -2.18% (-)
5. NTPC: Current Price 378.70 | Price Change -8.20 (-) | -2.12% (-)
6. Bajaj Finance: Current Price 889.05 | Price Change -19.21 (-) | -2.12% (-)
7. Kotak Bank: Current Price 377.40 | Price Change -6.81 (-) | -1.77% (-)
8. L&T: Current Price 4,011 | Price Change -65.70 (-) | -1.62% (-)
9. Trent: Current Price 4,157 | Price Change -66.70 (-) | -1.58% (-)
10. Power Grid: Current Price 286.15 | Price Change -4.41 (-) | -1.52% (-)

15:51 (IST), Jun, 01

Sensex Today Live: Which Sensex stocks defied trend to close in green?

1. Kwality Wall's: Current Price 28.21 | Price Change 1.23 (+) | 4.53% (+)
2. Tech Mahindra: Current Price 1,543 | Price Change 59.30 (+) | 4.00% (+)
3. Infosys: Current Price 1,203 | Price Change 41.60 (+) | 3.59% (+)
4. TCS: Current Price 2,297 | Price Change 38.50 (+) | 1.71% (+)
5. Tata Steel: Current Price 210.57 | Price Change 2.55 (+) | 1.23% (+)
6. InterGlobe: Current Price 4,453 | Price Change 48.30 (+) | 1.10% (+)
7. HCL Tech: Current Price 1,195 | Price Change 11.30 (+) | 0.96% (+)

15:48 (IST), Jun, 01

Sensex Today Live: Some positive cues likely

"Recent US strikes and the escalation in cross-border hostilities between Israel and Lebanon have exerted selling pressure on equity markets, reflecting heightened geopolitical uncertainty and a shift towards risk-off sentiment. However, as the conflict has now entered its fourth month, participants are increasingly anticipating a potential diplomatic progress in the near term. On the domestic front, the resumption of India–US trade negotiations, with a focus on an interim trade agreement, could act as a supportive trigger for market sentiment going forward. The Nifty Mid and Smallcap underperformed, as investors moved towards relatively better-valued opportunities in large-cap equities, seeking stability amid global uncertainties. Looking ahead, upcoming RBI policy decisions and GDP data releases will be key domestic triggers to monitor for further direction,” says Vinod Nair, Head of Research, Geojit Investments Limited.

15:47 (IST), Jun, 01

Sensex Today Live: Stock market closes in red

Stock market today: Extending their losing streak, BSE Sensex and Nifty50 closed the first day of June in red. Nifty50 ended the day at 23,382.60, down 165 points or 0.70%. BSE Sensex closed at 74,267.34, down 508 points or 0.68%.

15:42 (IST), Jun, 01

Nifty Today Live: Markets under pressure

"The markets remained under pressure for the second consecutive session, with the Nifty witnessing a breakdown from a symmetrical triangle pattern on the daily chart. The index faced strong resistance near its 50-DMA, placed at 23,690, and formed a bearish candle, indicating continued weakness in the near term. The previous swing low at 23,262 is expected to act as an immediate support level. A decisive breach below this mark could accelerate selling pressure and drag the index towards the 23,150 zone. Technical indicators have also turned unfavorable, with the MACD generating a fresh bearish crossover and the RSI slipping below the 50 level, signaling a loss of momentum and weakening market strength. On the volatility front, India VIX rose by nearly 2% to close around 16.50. A sustained move above the 17 mark could further heighten market uncertainty and keep participants on the edge, potentially leading to increased volatility in the coming sessions,” says Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse Ltd.

15:41 (IST), Jun, 01

Sensex Today Live: Market Closing Commentary by SBI Securities

Nifty opened with a minor gap-up but quickly came under selling pressure, dragging the index lower towards the previous day's support zone of 23,490–23,480. Although the index witnessed a brief pullback from this area, renewed selling pressure emerged at higher levels, pushing Nifty further lower. As a result, the index ended the session at 23,383, down 0.70%.

On the daily chart, Nifty has given a breakdown from a parallel channel formation and registered a lower close, ending below the previous day's low. The RSI has slipped to 40, indicating weakening momentum, while the ADX indicator continues to reflect a bearish setup with the DI- line widening its lead over the DI+, highlighting the strong presence of sellers in the market.

On the sectoral front, Nifty IT ended the day as the top performing sector followed by Nifty Media. On the other hand, Nifty FMCG & Nifty Defence were the top two sectors to end the day in red, losing over 2% each. With regards to stocks, TechM & Infy ended up as top two gainers while Tata Consumer and Hindunilvr ended with losses.

Following the formation of a bearish engulfing pattern on 29th May, the Midcap Index extended its weakness today, slipping below its 20-day EMA and closing more than 1% lower. The Smallcap Index also witnessed selling pressure, with intraday pullbacks failing to attract meaningful buying interest before sellers regained control and pushed the index lower by 0.88% at the close at 17980.

Despite the decline in the broader market indices, the current correction appears to be more of a healthy profit-booking phase following the sharp rally witnessed in recent weeks rather than a sign of structural weakness.

The market breadth was weak as the advance-decline ratio was tilted in the favour of bears at day’s close. A total of 365 stocks out of the Nifty 500 universe ended in the red, says Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities.

15:36 (IST), Jun, 01

Nifty Today Live: Bank Nifty drops

Banking stocks traded under selling pressure on Monday, causing the Nifty Bank index to slip more than 370 points, or close to 0.7%. The sectoral index lagged the broader market, with the benchmark Nifty 50 witnessing only modest declines. Market participants are now closely watching key technical levels for cues on the index's near-term direction.

Public sector lenders were among the biggest drags, with shares of Union Bank of India, Punjab National Bank and Canara Bank falling roughly 2% each. Bank of Baroda, Kotak Mahindra Bank, Axis Bank, ICICI Bank and State Bank of India also traded lower, shedding about 1% apiece.

Elsewhere in the banking space, AU Small Finance Bank, IndusInd Bank, IDFC First Bank and Yes Bank were also in negative territory, though losses remained relatively limited. In contrast, HDFC Bank and Federal Bank managed to stay positive and were trading with marginal gains despite the broader weakness in the sector.

14:02 (IST), Jun, 01

Stock Market Live Today: Rupee weakens against dollar

The rupee weakened by 9 paise against the US dollar in early trading on Monday, pressured by a surge in crude oil prices following an escalation in tensions between Israel and Lebanon.

Currency dealers said the Dollar Index was hovering close to the 99 mark, while crude oil climbed to around USD 93 a barrel. The rise in oil prices came after the Israel-Lebanon conflict intensified, reversing some of the sharp declines seen last week when hopes of a possible US-Iran ceasefire had improved sentiment and raised expectations of smoother movement through the Strait of Hormuz.

In the interbank foreign exchange market, the domestic currency opened at 94.93 per dollar before slipping further to an intraday low of 94.94. Compared with the previous close, the rupee was down 9 paise.

During the opening session, the currency also touched a high of 94.75 against the greenback before surrendering gains.

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12:47 (IST), Jun, 01

Sensex Today Live: SBI Securities Mid-Market Index View

The frontline indices returned to the consolidation zone they had established in the third week of May .

IT stocks have emerged as relative outperformers, with frontline names such as Infosys, TCS, and Tech Mahindra witnessing strong buying interest, thereby cushioning the broader market decline to some extent.

Coming to Nifty, the zone of 23430-23450 will act as a crucial support for the index while the resistance lies in the zone of 23670-23690.

On the downside, if the index slips below the level of 23430 then the next support is placed in the zone of 23200-23100.

In an event of a surge above 23690, the index can experience an extension of the rally towards 23890.

On the options front, meaningful call writing witnessed across 23600 & 23700 strikes. On the put side, 23500 has a substantial open interest, followed by 23400 strike.

Nifty's Advance Decline Ratio is at 18:32.

Speaking of Sensex levels, support is at 74,500 while resistance is at 75,300.

12:13 (IST), Jun, 01

Sensex Today Live: Stock market in red

Stock market today: Nifty50 and BSE Sensex dipped in trade, trading in red in mid-day trade after a positive start to the day. At 12:12 PM, Nifty50 was trading at 23,506.60, down 41 points or 0.17%. BSE Sensex was at 74,672.01, down 104 points or 0.14%.

11:35 (IST), Jun, 01

Sensex Today Live: Outlook on Max Healthcare by Anand Rathi Research

Max Healthcare posted a steady performance in Q4FY26, with revenue/ EBITDA/PAT rising by 10/8/3% y/y. Consolidated revenue grew 10% y/y to Rs26.6bn (ex-Onco +15%y/y), while Max Labs/Max@Home revenue came in at Rs520/730m (up 14/30% y/y). Overall occupancy remained flat y/y at 75%, while ARPOB rose 1% y/y to Rs77,900. Phased commissioning of ~20% incremental brownfield capacity was completed over the past six months, while an additional ~10% would be rolled out by end of the year. Further, it commissioned 400-bed brownfield tower at Max Smart Super Specialty Hospital in Apr-26, with the acquisition of 58.28% stake in 250-bed Kalinga Hospital (KHL) in May-26. We retain BUY rating on the stock with a revised TP of Rs1,220 (Rs1,300 earlier), valuing its hospital/laboratory biz at 32/26x FY28e EV/EBITDA.
Operating Performance: FY26 consolidated EBITDA grew by 14% y/y to Rs.26.4bn with revenue rose 16% y/y to Rs105.4bn, mainly led by 10% y/y rise in OBDs. EBITDA margin fell by a marginal ~60bps y/y to 26.2%. In Q4FY26, the share of oncology in IPD revenue dropped to 21% from 26% in Q4FY25, owing to discontinuation of select chemotherapy drugs for institutional patients. Overall RoCE (ex-CWIP) stood at 23.1% in FY26.
Brownfield and Greenfield Expansion to Drive Growth: Phased commissioning of ~20% incremental brownfield capacity was completed over the past six months, with an additional ~10% slated for rollout by year-end. The 400-bed brownfield tower at Max Smart Super Specialty Hospital was commissioned in Apr-26, the 160-bed tower at Mohali is fully operational, and the 280-bed tower at Nanavati was operationalised 116 beds (balance over the next 3 months). Requisite talent has been onboarded. A controlling 58.28% stake in KHL was acquired in May-26.
Discontinuation of Select Chemo Drugs Drags Oncology Revenue: As per the management, the share of oncology and in-patient revenues dropped by 21% from 26% in Q4FY25 and 24% in Q3FY26, due to discontinuation of select high-value chemotherapy drugs for institutional patients. Further, we believe it can also be attributed to recent transition of Senior Onco-surgeon Dr. Chaturvedi and team from Max Health to Indraprastha Medical, the impact of which is likely to be evident from subsequent quarters.
Outlook and Valuation: Concentrated cluster-based approach turned the company into one of leading hospital chains in north India (Delhi/NCR), with industry-high margin and RoCE led by a maturing network and operational efficiency following merger with Radiant Lifecare in 2018. Looking ahead, we see growth being driven by: (a) strong expansion plans (2,600+ beds over FY27-29e); (b) better payor-mix; and (c) ramping up of new Mohali, Max Smart and Nanavati units. We trim our EBITDA estimate by 5% each for FY27/28e. Expecting revenue and EBITDA to clock 17/18% CAGR each over FY26-28e, we maintain BUY rating on the stock with a revised TP of Rs1,220 (Rs1,300 earlier), valuing its hospital/laboratory business at 32/26x FY28e EV/EBITDA.  Key Risks: (a) Delay in project execution leading to slower rate of bed addition; (b) regulatory risks; and (c) lower international business.

10:42 (IST), Jun, 01

Sensex Today Live: In May FPIs remained net sellers

Foreign investors remained net sellers of Indian equities in May, pulling out Rs 32,963 crore and extending a trend that has dominated much of 2026. Market participants are now expected to closely track developments in the West Asia conflict, movements in crude oil prices and the Reserve Bank of India’s upcoming interest rate decision, all of which could influence market direction in the week ahead.

Data from NSDL shows that foreign portfolio investors (FPIs) have withdrawn nearly Rs 2.3 lakh crore from Indian equities so far in 2026, exceeding the roughly Rs 1.7 lakh crore they sold during the whole of 2025.

Except for February, FPIs have remained net sellers throughout the year. After offloading Rs 35,962 crore in January, they briefly turned buyers in February, investing Rs 22,615 crore — the strongest monthly inflow seen in 17 months. However, sentiment reversed sharply in March, when overseas investors recorded their largest-ever monthly withdrawal of nearly Rs 1.2 lakh crore. The selling continued in April with outflows of Rs 60,847 crore and persisted in May with withdrawals approaching Rs 33,000 crore.

According to market experts, foreign investors have been reducing their exposure to Indian equities amid a combination of factors, including subdued earnings growth, weakness in the rupee and relatively more attractive opportunities in overseas markets. That said, analysts note that the intensity of selling has eased somewhat in recent weeks.

V K Vijayakumar, Chief Investment Strategist at Geojit Investments, said foreign investors have increasingly shifted capital to markets such as the United States, Japan, South Korea and Taiwan, where corporate earnings growth has been considerably stronger than in India.

Analysts believe a range of factors will influence market sentiment in the coming days, including key macroeconomic data releases, FPI activity and movements in the rupee against the US dollar.

Ajit Mishra, Senior Vice President of Research at Religare Broking, said investors will remain focused on global developments related to the US-Iran situation and fluctuations in crude oil prices, given their implications for inflation, currency stability and foreign investment flows.

Indian benchmark indices ended last week in negative territory. The BSE Sensex declined 640 points, or 0.8%, while the NSE Nifty shed 172 points, or 0.7%.

10:12 (IST), Jun, 01

Sensex Today Live: IndiGo shares surges 5%

Shares of InterGlobe Aviation, the parent company of low-cost airline IndiGo, climbed as much as 5% on Monday to touch an intraday high of Rs 4,634 on the NSE, even as the carrier reported a quarterly loss for the fourth quarter of FY26.

The airline posted a net loss of Rs 2,536 crore during the quarter, compared with a profit of Rs 3,067 crore recorded in the same period a year earlier. Despite the decline in profitability, revenue from operations registered a modest increase of 1% year-on-year, reaching Rs 22,438 crore.

According to the company, its performance during the quarter was impacted by operational disruptions arising from the ongoing conflict in the Middle East. Even so, capacity, measured in available seat kilometres (ASKs), expanded 3.4% from the previous year to 43.6 billion.

IndiGo carried 31.6 million passengers during the quarter, reflecting a slight year-on-year decline of 1.1%.

EBITDAR, excluding the impact of foreign exchange fluctuations, came in at Rs 6,435 crore, lower than Rs 6,862 crore reported in the corresponding quarter last year. As a result, the EBITDAR margin narrowed to 28.7%, compared with 31% in the year-ago period.

09:52 (IST), Jun, 01

Sensex Today Live: Trade View by HDFC Bank Treasury Research Desk

Asian markets traded with a positive bias at the start of the week, led by AI related optimism. This offset the drag from the absence of any progress on US-Iran talks and the continued closure of the Strait of Hormuz. The US dollar index rose to 99 levels in early trading while oil inched up slightly to $93 pbl.

To recall, market sentiment had improved last week after the US-Iran agreed to extend their ceasefire by 60 days and continue working towards a peace deal.

In the domestic market, the rupee strengthened (vs USD) last week, with the USD/INR closing at 95.0 level on Friday, supported by likely RBI intervention, improving geopolitical sentiment and a moderation in global crude oil prices. We expect the pair to trade in the 94.50-96.0 range in the near term.

Markets face a data-heavy week, with key economic releases and central bank signals in focus. In India, attention will be on the RBI policy decision, Q4FY26 GDP, Balance of Payments data, and April IIP. Globally, focus will be on Euro Area inflation reading, US labour market indicators (including JOLTS job openings and nonfarm payrolls), along with commentary from Fed and ECB officials for clues on the interest rate outlook.

09:32 (IST), Jun, 01

Sensex Today Live: ‘No major triggers for the market’

"With the uncertainty over the US-Iran deal continuing and Brent trading at about $93, there are no major triggers for the market at the start of this week. A significant market trend since the start of the West Asia conflict on February 28th is the outperformance of the broader market, which, in turn, was led by better-than-expected Q4 results. Expectations of good results from mid and small caps and sustained selling in large caps by the FPIs have widened the gap in valuations between large caps and the broader markets. Large caps are now fairly valued and valuations in segments like banking are attractive. But this segment will test the patience of investors.

The 1.5% cut in the Nifty and Sensex last Friday was due to the MSCI rebalancing and the consequent passive outflows. Therefore, this need not be taken as a trend.

Watch out for the May auto sales numbers which will influence stock prices in the segment. Expectations surrounding the monetary policy on June 5th and the RBI commentary on growth and inflation will influence the market trend this week,” says VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

09:18 (IST), Jun, 01

Sensex Today Live: Stock market opens in green

Stock market today: BSE Sensex and Nifty50 opened in green on Monday after a big selloff on Friday. At 9:16 AM, Nifty50 was trading at 23,627.85, up 80 points or 0.34%. BSE Sensex was at 75,206.68, up 431 points or 0.58%.

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08:54 (IST), Jun, 01

Sensex Today Live: ‘Markets may open mildly positive’

"Indian equity markets are expected to open on a mild positive note, with Gift Nifty trading at 23,748, up by 58points. Asian equities traded largely higher at the start of the new month, with Japan's Nikkei and South Korea's KOSPI touching fresh record highs. However, uncertainty surrounding a potential US-Iran agreement and lingering geopolitical concerns continue to keep market sentiment cautious.

In the previous session, The Nifty 50 witnessed sharp selling pressure on May 29, declining 1.5 percent and decisively breaking below its short-term moving averages as well as the midline of the Bollinger Bands. On the weekly chart, the index failed to close above the previous week's high, while short- and medium-term moving averages continued to trend downward, indicating sustained weakness in the broader trend.

Technically, the index has broken below a rising trendline on the daily chart, signalling a resurgence of bearish sentiment. The Nifty also failed to sustain above its 50-day EMA and formed a long bearish candle with an upper wick, highlighting strong profit booking at higher levels. Notably, this marked the third consecutive session where the index formed a pronounced upper wick with above-average volumes, reflecting persistent selling pressure near resistance zones.

The broader structure remains weak as the index continues to trade below all key moving averages. Momentum indicators have also deteriorated. The RSI slipped to 43.37 and witnessed a bearish crossover, while the MACD is on the verge of a negative crossover. These signals collectively indicate increasing bearishness and weakening market momentum.

From a technical perspective, the immediate support zone is placed around 23,400–23,250. A decisive break below these levels could strengthen bearish momentum and drag the index lower in the coming sessions. On the upside, the 23,800–24,000 zone remains a critical hurdle. Sustained trade above this resistance band may pave the way for a recovery towards 24,300.

Derivatives data reflects weakening sentiment. The Nifty Put-Call Ratio (PCR) declined sharply to 0.74 on May 29 from 1.02 in the previous session, marking its lowest closing level since February 27. The sharp fall in PCR indicates reduced put writing activity and increasing caution among market participants.
India VIX, the market fear gauge, rebounded sharply by 8.03 percent to 16.18 after witnessing a correction over the previous several sessions. The rise in volatility signals increasing discomfort among bulls. Analysts believe that for bullish sentiment to strengthen meaningfully, the VIX needs to sustain below the 15 level.

Option chain positioning indicates immediate support around the 23,400–23,250 zone, while strong resistance remains visible in the 23,800–24,000 zone due to aggressive call writing activity. This suggests that the market may continue to remain under pressure unless key resistance levels are reclaimed.
The Nifty Bank also remained under pressure and formed another bearish candle with a sizeable upper shadow on the daily chart. The banking index failed to sustain above its 50-day EMA for the third consecutive session and slipped below short-term moving averages, signalling weakening strength in the banking space.

Technically, Bank Nifty nearly filled the bearish gap formed on May 25 with above-average volumes, providing additional strength to the bearish setup. The RSI declined further to 46.91, though it remained marginally above the signal line. Meanwhile, the MACD flattened but continued to remain above the reference line, while positive histogram bars weakened further, indicating fading bullish momentum.

Immediate support for Bank Nifty is placed around 53,700–53,500, while resistance is seen near 55,200–55,550. A decisive move above resistance levels will be required to improve the short-term outlook for the banking index.

Overall, the technical setup suggests a positive opening supported by strong global cues and easing volatility. While momentum indicators indicate weakening bearish pressure, the broader trend remains cautious as the benchmark indices continue to trade below key moving averages. A decisive breakout above 23,800 on Nifty will be crucial for further upside momentum in the coming sessions,” saysAakash Shah, Technical Research Analyst at Choice Equity Broking Private Limited.

07:59 (IST), Jun, 01

Nifty Today Live: Bajaj Broking Bank Nifty Outlook

Index in the daily chart formed a bearish candle with a lower high and a lower low highlighting selling pressure at higher levels as the index closed below the 20 days EMA.

Index has immediate support at 54,000 levels, failure to hold above 54,000 will signal extension of the consolidation. While major support is placed at 53,000-52,500 being the confluence of the lower band of the 8th April bullish gap area and the 61.8% retracement of the previous pullback (49955-57456).

On the higher side current week high of 55,536 will act as immediate hurdle for the index.

07:59 (IST), Jun, 01

Stock Market Live Today: Oil climbs over 2%

Crude oil prices advanced by more than 2% in early Monday trading after Israel directed its military to deepen operations inside Lebanon against the Iran-backed Hezbollah group, despite a ceasefire that had been in place for more than six weeks.

As of 0028 GMT, US West Texas Intermediate crude was trading $2.37 higher, or 2.71%, at $89.73 per barrel. Brent crude futures gained $2.16, or 2.37%, to reach $93.28 a barrel.

The escalation in hostilities came shortly after the United States hosted peace discussions between Israeli and Lebanese representatives in Washington on Friday. The renewed fighting weakened market expectations that Washington and Tehran could soon announce an extension of their ceasefire arrangement, a development that had earlier pushed both Brent and WTI lower by 1.8% and 1.7%, respectively, at Friday’s close.

The conflict involving Israel and Hezbollah has emerged as the most significant regional spillover from the broader Iran war. Hostilities began on March 2 when Hezbollah launched rockets and drones into Israeli territory in support of Iran. Although both sides agreed to a ceasefire in mid-April, intermittent exchanges of fire have continued.

US President Donald Trump said on Friday that he would soon decide on a proposed extension of the ceasefire agreement with Iran that was first announced in early April. The proposed arrangement would give negotiators additional time to work toward a long-term resolution of the conflict and address disputes surrounding Iran’s nuclear programme. Any such agreement is expected to require Israel’s participation, while Tehran has repeatedly maintained that Hezbollah must also be included in the process.

Meanwhile, concerns surrounding maritime security in the Strait of Hormuz are adding to market uncertainty. According to IG analyst Tony Sycamore, reports of mines in the strategically important oil and gas shipping corridor could delay efforts to fully restore traffic through the route. As a result, any relief to global energy markets may arrive more gradually than investors had anticipated.

Sycamore noted that even if a diplomatic breakthrough is achieved, it is unlikely to result in an immediate surge in oil supplies, suggesting that supply-side concerns could continue to support prices in the near term.

07:59 (IST), Jun, 01

Sensex Today Live: Stock market outlook

Benchmark indices are likely to remain range-bound next week, although select midcap and smallcap stocks could continue to outperform on the back of healthy earnings momentum and strong domestic liquidity. Some relief has emerged in global market sentiment after reports suggested a 60-day US-Iran ceasefire, raising hopes of easing geopolitical tensions and gradual normalisation of shipping flows through the Strait of Hormuz. However, investors are expected to remain cautious as mixed signals from the ongoing negotiations and recurring geopolitical flare-ups continue to keep volatility elevated across global financial markets. On Friday, Indian markets witnessed a sharp decline, with the Nifty slipping 1.5% to close at 23,547 amid broad-based profit booking, a sharp rise in the India VIX (+9.4%), and weakness across Metal and Oil & Gas stocks.

The pressure intensified during the final hours of trade after the MSCI Global Standard Index rebalancing came into effect, triggering heightened volatility in select stocks amid expected passive fund flow adjustments and portfolio rebalancing activity. Adding to the pressure, lingering uncertainty surrounding the ongoing US-Iran negotiations and continued concerns over geopolitical stability in the West Asia kept overall risk appetite subdued across both global and domestic markets. While global cues have turned relatively supportive, the India Meteorological Department’s downward revision of the 2026 southwest monsoon forecast to 90% of the Long Period Average from the earlier estimate of 92%, amid rising risks of weak El Nino conditions from June onward, could emerge as a key domestic overhang for rural and agriculture-linked sectors.

Additionally, RBI India has maintained a relatively resilient outlook on India’s FY27 economy, retaining its GDP growth forecast at 6.9% and inflation projection at 4.6%, while cautioning that prolonged West Asia tensions, elevated crude oil prices, shipping disruptions and increasing risks of weak El Nino conditions remain key downside risks to growth and inflation. The RBI stated that strong domestic demand and resilient financial conditions continue to support the economy; however, concerns around rising food inflation, weaker monsoon forecasts and rupee volatility could keep monetary policy relatively cautious going forward. Markets are now closely monitoring the upcoming RBI Monetary Policy meeting scheduled for June 3–5, with the policy decision expected on June 5, where the central bank is largely expected to maintain the repo rate at 5.25% amid persistent geopolitical and inflationary uncertainties.

Going forward, market participants next week are expected to monitor the decision of RBI’s Monetary Policy meeting, developments in US-Iran negotiations, movement in crude oil prices and shipping activity through the Strait of Hormuz, as any escalation in geopolitical tensions could revive volatility across global financial markets, says Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd.

07:59 (IST), Jun, 01

Stock Market Live Today: Asian stocks stay firm

Asian equities traded higher on Monday, supported by the continuing enthusiasm surrounding artificial intelligence-related investments, which helped offset concerns stemming from stalled diplomatic efforts in the Gulf region. The AI-driven rally sustained investor appetite for risk even as uncertainty over the reopening of the Strait of Hormuz contributed to firmer oil prices.

Although officials from Washington and Tehran are reportedly engaged in negotiations aimed at reaching an agreement, there has been little public indication of progress from US President Donald Trump. Adding to the uncertainty, US Defense Secretary Pete Hegseth said on Saturday that military action against Iran could resume if diplomatic efforts fail to produce a breakthrough.

07:59 (IST), Jun, 01

Nifty Today Live: Bajaj Broking Nifty Outlook

Index in a daily chart formed a strong bearish candlestick pattern with shadow on either side indicating selling pressure from the 50 days EMA.

Index contrary to expectation breached the recent breakout area of 23,800 and closed below the 23,600 levels. Going ahead, a follow through weakness in the coming sessions will signal extension of decline towards the recent low of 23,262 levels. While 50 days EMA will continue to act as key resistance placed around 24,000 levels.

Overall Nifty is likely to consolidate in the range of 23,200-24,000. With key support placed at 23,000-23,200 levels being the confluence of the lower band of the 8th April bullish gap area and the 61.8% retracement of the previous pullback (22,182-24,601).

Stock Market Highlights Today: Asian equities traded higher on Monday, with continued enthusiasm around artificial intelligence-related themes supporting sentiment. The gains came despite limited progress in Middle East peace talks, which tempered hopes of a swift reopening of the Strait of Hormuz and contributed to higher oil prices.

Wall Street benchmarks finished at fresh record highs on Friday, capping both the week and the month on a strong note. Technology stocks received support from robust earnings reported by Dell, while investors also monitored developments surrounding a possible US-Iran agreement.

Crude prices advanced more than 2% in early Monday trade after Israel ordered additional troop deployments into Lebanon amid ongoing hostilities involving the Iran-backed Hezbollah group, despite a ceasefire that had been announced more than six weeks earlier.

(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.)

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Stock Market Highlights Today: BSE Sensex ends over 500 points down, Nifty50 below 23,400 as global crude oil prices rise 2%

Stock market today: Extending their losing streak, BSE Sensex and Nifty50 closed the first day of June in red. Nifty50 ended the day at 23,382.60, down 165 points or 0.70%. BSE Sensex closed at 74,267.34, down 508 points or 0.68%.

Stock market today: Nifty50 and BSE Sensex dipped in trade, trading in red in mid-day trade after a positive start to the day. At 12:12 PM, Nifty50 was trading at 23,506.60, down 41 points or 0.17%. BSE Sensex was at 74,672.01, down 104 points or 0.14%.

Stock market today: BSE Sensex and Nifty50 opened in green on Monday after a big selloff on Friday. At 9:16 AM, Nifty50 was trading at 23,627.85, up 80 points or 0.34%. BSE Sensex was at 75,206.68, up 431 points or 0.58%.

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