Indian Shares Edge Higher in Cautious Trade
Indian equities inched upward in cautious trading on June 1, 2026, as investors navigated mixed global signals and awaited domestic policy cues. The Nifty 50 index added 0.2% to 23,458, while the S&P BSE Sensex rose 0.1% to 76,912. Automobile and information technology stocks led the gains, supported by steady foreign fund inflows. Meanwhile, energy and metal shares limited the advance, tracking softer commodity prices. Market breadth remained narrow, with volumes below the 20-day average, reflecting the risk-off mood. The tepid session came ahead of the Reserve Bank of India's monetary policy decision later in the week, with analysts expecting the central bank to hold rates steady. Global sentiment was also restrained by uncertainty over U.S. trade policy, keeping investors from taking aggressive positions.