Nifty 50
- Eicher Motors₹7,650101.00 (1.34%)
- Shriram Finance₹970-33.80 (-3.37%)
- Hindustan Unilever₹1,992.9018.90 (0.96%)
- Tata Motors PV₹287.40-9.85 (-3.31%)
- BSE₹3,937.7028.60 (0.73%)
- Grasim Industries₹3,034-80.90 (-2.60%)
- Asian Paints₹2,55013.50 (0.53%)
- Hindalco Industries₹943.60-20.40 (-2.12%)
- Bharti Airtel₹2,10610.00 (0.48%)
- Adani Enterprises₹2,688-53.50 (-1.95%)
- ITC₹2850.95 (0.33%)
- Mahindra & Mahindra₹3,333-66.00 (-1.94%)
- ONGC₹2250.50 (0.22%)
- UltraTech Cement₹12,100-237.00 (-1.92%)
- Nestle₹1,263.202.30 (0.18%)
- SBI Life Insurance ₹1,789.90-29.60 (-1.63%)
- Bajaj Finance₹1,1172.00 (0.18%)
- Jio Financial ₹227.50-3.70 (-1.60%)
- Apollo Hospitals₹8,52611.00 (0.13%)
- Titan Company₹4,844.90-77.00 (-1.56%)
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AI Momentum Pushes Global Stocks to New Heights
By HDFC SKY | Last Updated: Jun 1, 2026
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Global equities closed May on a strong note, led by AI-driven momentum as U.S. indices hit record highs, supported by robust tech earnings and easing bond yields. Cooling crude prices on temporary U.S. & Iran optimism offered relief, though renewed geopolitical tensions continue to keep oil volatile.
Despite global strength, Indian markets ended the week slightly lower amid crude uncertainty and MSCI-driven outflows. The rupee strengthened sharply, aided by easing oil and intervention. Technically, Nifty faces resistance near 24,000, with immediate support at 23,484 and deeper support at 23,260.
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