Top Traded Stocks on NSE: JP Power, Vodafone Idea, Suzlon, Ola Electric Lead Trading Volume on June 1, 2026
Domestic Stock Market Continues Rangebound Session Amid Uncertainty
The domestic stock market continued its rangebound session on Monday, 1 June, amidst a spike in crude oil prices, persistent uncertainty over a potential US-Iran deal, and caution ahead of the RBI MPC decision this week.
Nifty 50, the benchmark index, touched an intraday high and low of 23,733.70 and 23,517.70, respectively, by 10:30 am. The session witnessed selling pressure in banking, financial services, FMCG, and auto counters. However, the IT sector saw strong buying interest, with the Nifty IT index jumping more than 3% during the session.
According to market analysts, as long as Nifty trades below the 50-day SMA of 23,700, weak sentiment may continue. On the downside, the index could slip to 23,300-23,200. Further downward movement may also continue, potentially dragging the index to 23,050-23,000. On the upside, above the 50-day SMA of 23,700, a bounce back could extend till 23,800. If it crosses 23,800, the index could move towards 24,000-24,100.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
The most traded stocks on the NSE included:
| Rank | Stock | Volume |
|---|---|---|
| 1 | Jaiprakash Power Ventures (JP Power) | 36 crore |
| 2 | Vodafone Idea | 19 crore |
| 3 | Suzlon Energy | 8 crore |
| 4 | Ola Electric Mobility | 8 crore |
| 5 | Jaiprakash Power Ventures (JP Power) | 36 crore |
JP Power was the most traded stock, with more than 36 crore shares changing hands. The stock crashed more than 15% in intraday trade, looking set to extend losses for the second consecutive session. Vodafone Idea was another highly traded stock, with over 19 crore shares changing hands. The telecom stock climbed more than 2% during the session.
Suzlon Energy was also among the most traded stocks, with more than 8 crore shares changing hands. The stock declined more than 4% during the session after capital markets regulator Sebi levied penalties of about ₹29 crore on the company and several of its former executives. Ola Electric Mobility also saw significant trading activity, with over 8 crore shares changing hands. The stock declined over 1% during the session, despite the company reporting a 23% month-on-month growth in May.
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Investor Takeaway
Investors should be cautious and wait for a clear breakout above the 50-day SMA of 23,700 before making any investment decisions.
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