Stock Market Update 1 June 2026: Sensex Gains Over 300 Pts; Nifty 50 Above 23,600

As the stock markets reopened on Monday after the two-day weekend break, most indices traded in the green.

At around 9:20 AM, the Sensex was up by around 301 points (0.40%) to trade at 75,077.56. The Nifty 50 was also trading higher by around 90 points (0.39%) at 23,638.50.

The indices fell by more than 1% last Friday on the back of geopolitical uncertainty. The Sensex ended the day at 74,775.74, down 1.44%. The Nifty 50 stood at 23,547.75, down 1.50%.

How Other Indices Are Performing?

Not just the Sensex and the Nifty 50, but most other Indian indices were in the green during early trading on Monday.

At around 9:21 AM, Bank Nifty was up by around 175 points (0.32%) to trade at 54,414.55. The Nifty Financial Services index was also up by around 0.17% to trade at 25,396.60.

Most sectoral indices were also trading higher. Nifty Metal rose 0.55%, while Nifty Pharma gained 0.20%. Nifty IT (up 2.17%) and Nifty PSU Bank (up 0.34%) were also in the green. The only indices in the red were Nifty Auto (down 0.17%) and Nifty FMCG (down 0.60%).

How Are The Stocks Performing?

The overall market breadth was positive during early trading on Monday.

The top gainers on Nifty included Interglobe Aviation, Asian Paints, Tech Mahindra, TCS, and Infosys. The top losers were HUL, Zomato (Eternal), NTPC, Tata Consumer, and BEL.

What About The Global Markets?

Global market sentiments have improved sharply after reports emerged of a 60-day ceasefire between the US and Iran.

• S&P 500 futures were up 0.3% as of 11:38 AM Tokyo time.

• Japan’s Topix was down 0.2%.

• Australia’s S&P/ASX 200 was down 0.2%.

• Hong Kong’s Hang Seng was up 1.2%.

• The Shanghai Composite was up 0.4%.

• Euro Stoxx 50 futures were little changed.

Factors Impacting The Markets

• US-Iran Ceasefire: There were reports of the US-Iran entering a 60-day ceasefire deal. However, the broader uncertainty over the fate of war between the two countries still looms.

• Rupee Continues To Recover: The Indian National Rupee (INR) continued its recovery after touching record lows. The currency opened at 94.97 per US dollar on Monday, a little bit higher than its previous close of 95.

• Rising Oil Prices: Oil prices climbed by over 2% to start the week on a weaker note. There were reports of Israel launching fresh attacks on Iran-based Hezbollah even after the US hosted peace talks on Friday.

Also Read - Pre-Market 1 June 2026: What To Expect After Sensex Falls To 74,775, Nifty Ends At 23,547

Investor Takeaway

The Indian stock markets are experiencing a very volatile period. As long as the war between the US and Iran does not come to an end and other geopolitical factors are not aligned, this volatility is likely to continue. Investors should be very careful during this time.

Sources:

Moneycontrol

The Economic Times