Morning Market Insights:

Indian Markets will again react on the global cues which are currently deep negative for the market sentiments. Nifty is expected to again come under bear grip in the today’s trade amid news of stalled IRAN-US talks to end the war. The overall trend is drifting towards bearish side with range for the index is around 23200-23800 zone with bias on negative side for short term traders. Bank Nifty is looking bearish on the charts with good stocks specific weakness was seen in the private sector banking stocks followed by select PSU banking stocks. The overall trend of the index is now under grip for today after the recent moves on the lower side. The sentiment on the street will remain bearish with support for the index placed around 52800-53100 while 54200 remains resistance for the day. Stocks in News: $CANBK : The government appoints Brajesh Kumar Singh as Managing Director and CEO. (Positive) $GROWW : Company announces that State Street Global Advisors will acquire a stake in its arm Groww AMC, with an economic interest of 22.9%. (Positive) $MOIL : Company revises prices of manganese ore and related products, cutting prices of ferro grades by 6%. (Positive) EKI Energy: Company has received a licence from the Central Electricity Regulatory Commission, enabling its entry into the electricity trading segment. (Positive) Anant Raj: ARL signs MoU with Haryana Government's HEPC on June 1, 2026. (Positive) Jainik Power Cables Limited: Company announces full operational readiness after securing key Bureau of Indian Standards (BIS) certifications for Aluminium Conductors (Positive) Fino Payments Bank Ltd: Company has partnered with Ezee. ai to develop a lending ecosystem, a key step in its transition to a Small Finance Bank (SFB). (Positive) Strides Pharma Science Limited: Company announces that the Scheme of Demerger involving ArCompany Lab Private Limited & Pivot Path Private Limited has become effective from June 1, 2026.. (Positive)