| Market Pulse |
Monday, 1 June, 2026 |
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Market Snapshot
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📊
Nifty 50
23,547.75
-1.50%
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📈
Sensex
74,775.74
-1.44%
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🏦
Bank Nifty
54,239.2
-1.12%
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The Indian stock market experienced a downturn today, largely driven by concerns over rising retail inflation due to weak monsoon forecasts and escalating fuel prices. These inflationary pressures are feared to lead to tighter monetary policy, impacting consumer spending and borrowing costs. Additionally, global influences such as the nearing 5% US Treasury yield are causing worries about capital outflows from Indian markets. The decline in forex reserves as the RBI intervenes to stabilize the rupee further adds to the market's cautious sentiment.
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The Big Story
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📰 FEATURED
India says retail inflation may accelerate on weak monsoon, fuel price rise
FMCGBanking
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Prepare for potential rate hikes affecting consumer and financial sectors.
WHY IT MATTERS
Rising inflation may lead to tighter monetary policy, impacting consumption and borrowing costs.
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Quick Takes
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india macro • negative
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India rate risks, fiscal worries add to pressure on bond yields
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Prepare for potential pressure on interest rate-sensitive sectors.
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Read full report →
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india macro • positive
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India scraps cotton import duty for five months to aid textile exporters
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Expect positive momentum in textile stocks due to cost advantages.
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Read full report →
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india macro • negative
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India's forex reserves fall to over one-year low as central bank mounts rupee defence
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Monitor rupee volatility and potential RBI interventions.
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Read full report →
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commodities • negative
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The world is quietly adapting to 9% less oil
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Expect pressure on oil-dependent sectors; monitor crude price movements.
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Read full report →
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global macro • negative
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The 10-Year Treasury Yield Approaching 5% Could Reshape SCHG’s Next 12 Months
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Prepare for potential FII outflows as US yields rise.
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Read full report →
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commodities • negative
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Oil Rises From Six-Week Low Amid Uncertainty Over US-Iran Deal
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Expect pressure on oil-dependent sectors; monitor inflation trends.
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Read full report →
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FII / DII Activity
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FII/FPI
Bought
₹121 Cr
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DII
Bought
₹1,105 Cr
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FIIs bought ₹121 Cr, DIIs bought ₹1,105 Cr today.
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Market Breadth
Advances: 627 ·
Declines: 1056 ·
A/D Ratio: 0.59
Broad-based selloff across market
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Sector Performance
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IT
+0.6%
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Realty
-0.3%
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Media
-0.6%
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PSU Bank
-0.8%
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Bank
-1.1%
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Pharma
-1.5%
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FMCG
-1.5%
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Infra
-1.5%
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Fin Services
-1.5%
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Energy
-1.6%
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Auto
-2.0%
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Metal
-2.0%
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IT, Realty led gains while Auto, Metal underperformed. Mixed sector performance today.
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Technical Levels
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Nifty 50
| Support |
23,592 / 23,637 |
| Resistance |
23,797 / 24,045 |
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Bank Nifty
| Support |
54,300 |
| Resistance |
54,857 |
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Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.
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Global Cues
| S&P Futures: +0.27%
Global cues mixed; expect range-bound opening
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Commodities & Forex
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Gold
₹1,56,000
-0.59%
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Silver
₹2,67,000
-0.94%
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USD/INR
Rs 94.99/USD
+0.00%
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Macro / Economic Events
| 📌 |
RBI Monetary Policy Decision |
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Looking Ahead
| 👀 |
RBI Monetary Policy Decision |
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Corporate Actions
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InterGlobe
Aviation, Concord Biotech, NMDC, Lumax Auto Tech, Olectra Greentech, Cyient. Lupin, PB Fintech in focus
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IndiGo
IndiGo's Q4 hit by forex, West Asia disruptions but Street bets on recovery
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DISCLAIMER
This newsletter is for informational and educational purposes only. It is not investment advice.
Markets are subject to risks, and past performance is not indicative of future results.
Consult a registered financial advisor before making investment decisions. We are not registered
investment advisors with SEBI or any other regulatory body.
AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.
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