📊 Market Overview – June 1, 2026
Indian equity markets opened on a positive note on Monday, June 1, 2026. Sensex traded higher by ~126 points while Nifty 50 held above 23,550, driven by gains in IT and pharma stocks. Global cues were mixed as Asian markets traded cautiously amid developments around the US-Iran peace deal, while US indices closed at record highs last Friday.
📈 Top Gainers (NSE Nifty)
| Stock | Change | Reason |
|---|---|---|
| Infosys | 🟢 Top Gainer | IT sector rally; global tech momentum |
| TCS | 🟢 Top Gainer | IT sector strength; positive global cues |
| Tech Mahindra | 🟢 +2.0% | IT sector outperformance |
| HCL Technologies | 🟢 +1.7% | Broad IT sector buying |
| Asian Paints | 🟢 Gainer | Consumer discretionary recovery |
📉 Top Losers (NSE Nifty)
| Stock | Change | Reason |
|---|---|---|
| NTPC | 🔴 Loser | Profit booking in power sector |
| HUL | 🔴 Loser | FMCG sector under pressure |
| Trent | 🔴 Loser | Retail sector weakness |
🔍 Top Stocks to Watch Today
✈️ IndiGo (InterGlobe Aviation)
IndiGo posted a net loss of ₹2,536.9 crore in Q4 FY26, a sharp reversal from a profit of ₹3,067.5 crore in Q4 FY25. Revenue rose 1.3% YoY to ₹22,438.4 crore. Watch for selling pressure as the market digests the heavy loss.
⛏️ NMDC
NMDC reported a 36% jump in Q4 profit to ₹2,017.6 crore, with revenue surging 61.9% YoY to ₹11,343.1 crore. Strong operational performance, though near-term working capital concerns around receivables concentration remain a watch point.
💊 Lupin
Lupin received USFDA approval for its ANDA covering Sodium Sulfate, Magnesium Sulfate & Potassium Chloride tablets — a positive addition to its US generics portfolio. Positive catalyst; watch for upward momentum.
🏗️ Reliance Industries
Moody’s upgraded Reliance Industries to Baa1 from Baa2, now standing two notches above India’s sovereign rating. The 49th AGM is set for June 19. Bullish fundamental catalyst for the stock.
💰 PB Fintech
Two co-founders sold nearly 1% stake (~₹665 crore) via block deals, creating near-term supply overhang. Watch for pressure on the counter in early trade.
🏗️ PNC Infratech
Secured an EPC contract worth ₹302.44 crore from the Airports Authority of India. Positive order inflow — watch for buying interest.
💊 Glenmark Pharma / IREDA / Hind Zinc / Cyient / Inox Wind
Also in focus today based on earnings results and corporate developments. Traders should monitor these names for stock-specific moves.
🌍 Global Cues
- US markets closed at record highs on Friday — positive for IT and export-facing stocks.
- Asian markets trading mixed amid US-Iran deal uncertainty.
- IT sector likely to outperform driven by global tech strength.
📌 Key Takeaway for Today
IT stocks (Infosys, TCS, Tech Mahindra, HCL) lead the charge. IndiGo’s heavy loss will weigh on aviation. Reliance’s Moody’s upgrade is the biggest fundamental news of the day. NMDC’s strong earnings make it a momentum pick. Keep an eye on block deal activity in PB Fintech.
Data sourced from NSE India, Equitymaster, BusinessToday, BusinessUpturn, 5Paisa. Last updated: June 1, 2026 | This is not investment advice.
