Markets open higher; IT, aviation lead gains as geopolitical uncertainty lingers

Markets open higher; IT, aviation lead gains as geopolitical uncertainty lingers

Indian equity markets opened June 1 on a positive note, with Sensex up 0.46% and Nifty at 23,644, led by IT stocks (Infosys +2.74%, TCS +1.78%) and IndiGo (+4.75%), tracking the Nasdaq's 8.4% May surge driven by AI hardware demand. Caution persists: Brent crude near $93 on Middle East tensions, FII net selling in May, and key resistance at Nifty 23,800 ahead of the RBI policy decision on June 5.