Geopolitical risks trigger broad selling: FMCG and banking stocks drag indices lower, but IT surges 2.6% against the tide

Benchmark equity indices ended sharply lower on Monday, dragged down by losses in FMCG, PSU banking, auto and realty stocks, even as investors monitored developments surrounding a potential diplomatic breakthrough between the United States and Iran. The Nifty settled at 23,382.60, declining 165.15 points, or 0.7 per cent, while the Sensex fell 508.40 points, or […]

Jun 1, 2026 - 15:00
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Geopolitical risks trigger broad selling: FMCG and banking stocks drag indices lower, but IT surges 2.6% against the tide
Benchmark equity indices ended sharply lower on Monday, dragged down by losses in FMCG, PSU banking, auto and realty stocks, even as investors monitored developments surrounding a potential diplomatic breakthrough between the United States and Iran. The Nifty settled at 23,382.60, declining 165.15 points, or 0.7 per cent, while the Sensex fell 508.40 points, or […]

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