Best Intraday Stocks for Today 1 June 2026 | TechM, Infosys, Bajaj Finance

The best intraday stocks for today on 1 June 2026 emerge from a bruised but technically interesting market. Friday, 29 May, turned into a painful session for Dalal Street: Nifty 50 fell 359 points or 1.50 percent to close at 23,547.75, while the Sensex dropped 1,092 points to 74,775.74, as uncertainty over the US-Iran peace deal triggered late-session selling. India VIX spiked 8 percent to 16.18, signalling elevated volatility heading into Monday.

Despite Friday’s sharp sell-off, GIFT Nifty is trading about 139 points above Friday’s close, signalling a gap-up start on 1 June. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have both been closely tracking Friday’s sector performance and technical setups ahead of Monday’s opening session. Both analysts note that IT emerged as the only sectoral gainer on 29 May and that the relief in crude oil prices below $91 per barrel creates a specific intraday opportunity.

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What Are Intraday Stocks for Today?

Intraday stocks for today are shares selected specifically for same-session buying and selling within market hours of 9:15 AM to 3:30 PM. Unlike delivery-based investing, intraday trading profits from short-term price moves driven by technical setups, volume signals, and news catalysts. For the best intraday stocks, Univest research analysts focus on high-liquidity stocks with a clear technical edge, an identifiable catalyst for the day, and a defined stop-loss. Selecting strong intraday stocks for today begins with reading Friday’s close carefully and identifying which sectors are positioned to move on Monday’s opening cues.

Today’s Market Overview: 1 June 2026

• Nifty 50: Closed at 23,547.75 on Friday, down 1.50%. GIFT Nifty signals a gap-up open of around 139 points, indicating a potential recovery opening near 23,686. Key support for the day sits at 23,400; resistance at 23,695 and then 23,938.
• Sector in Focus: IT was the only Nifty sectoral gainer on Friday, with Nifty IT rising over 2.6 percent led by TechM (+4.85%), Infosys (+2.38%), HCL Tech (+1.23%), and TCS (+1.14%). Crude-sensitive sectors including Auto, Aviation, and Paints may see buying as Brent fell to $91.12.
• VIX and FII/DII: India VIX at 16.18, up 8% on Friday, indicating active volatility. FII cash outflow was a heavy Rs 21,106 crore on 29 May, while DII bought Rs 16,764 crore, partially cushioning the fall. Easing dollar strength and improving US-Iran peace signals may slow FII selling on Monday.

Tech Mahindra (TECHM) | Intraday Stock for Today

NSE Symbol: TECHM | CMP (29 May Close): Rs 1,478 | Intraday Target: Rs 1,530 | Stop Loss: Rs 1,440 | 52W High: Rs 1,736 | 52W Low: Rs 1,210 | Market Cap: ~Rs 1,43,000 Cr

Tech Mahindra was Friday’s standout IT performer, rallying 4.85 percent to close at Rs 1,478 on the NSE, making it the top Nifty 50 gainer for the session. Ankit Jaiswal flagged TECHM for intraday stocks for today the watchlist heading into Monday’s session, observing that the stock broke out of a short-term consolidation range on above-average volumes with strong buying in the second half of Friday’s trade. The Wipro-ServiceNow agentic AI partnership announcement drove broad IT sentiment, and TechM remains the highest-momentum large-cap IT name going into 1 June.

TECHM’s 14-day RSI closed around 58, not yet overbought, leaving room for continuation into the Rs 1,510 to 1,530 zone. The stock has a clear resistance band near Rs 1,540 and support at Rs 1,440. For intraday stocks for today, TECHM qualifies because of its strong sector leadership, clean breakout, high traded volumes, and clear catalysts in AI and enterprise deal flow. A gap-up opening above Rs 1,490 would confirm bullish momentum for the session.

Infosys (INFY) | Intraday Stock for Today

NSE Symbol: INFY | CMP (29 May Close): Rs 1,206 | Intraday Target: Rs 1,250 | Stop Loss: Rs 1,170 | 52W High: Rs 1,728 | 52W Low: Rs 1,089 | Market Cap: ~Rs 5,02,000 Cr

Infosys gained 4.20 percent on Friday to close at Rs 1,206, the joint-top performer on the Sensex, driven by a combination of sector-wide AI optimism and Infosys ADR strength on the NYSE overnight. Kunal Singla observed that Infosys has been building a base above its 52-week low of Rs 1,089 and the 29 May breakout, supported by above-average volumes, marks a potential short-term trend reversal. Infosys has an upcoming dividend of Rs 25 per share with a record date of 10 June, adding a near-term fundamental anchor for buyers.

From a technical standpoint, Infosys faces immediate resistance near Rs 1,240 to 1,250, with a successful break making Rs 1,280 the next zone. The stop loss for the intraday trade sits at Rs 1,170. Among the intraday stocks for today on 1 June, Infosys combines the highest volume, institutional visibility, and a specific upcoming corporate event that keeps buyers engaged. A GIFT Nifty-driven gap-up opening should see Infosys test Rs 1,220 within the first 30 minutes of trade.

Bajaj Finance (BAJFINANCE) | Intraday Stock for Today

NSE Symbol: BAJFINANCE | CMP (29 May Close): Rs 908 | Intraday Target: Rs 940 | Stop Loss: Rs 885 | 52W High: Rs 1,020 | 52W Low: Rs 726 | Market Cap: ~Rs 5,60,000 Cr

Bajaj Finance was among Friday’s Sensex losers, declining 2.7 percent to Rs 908, pulled down by the broader NBFC and banking sell-off. Ankit Jaiswal flagged this as a high-quality pullback to a watch level. At Rs 908, Bajaj Finance is sitting close to its 200-day EMA support zone, and a gap-up market open on Monday, driven by improving global sentiment, may trigger short-covering in beaten-down financials. Bajaj Finance has an upcoming dividend of Rs 6 per share due on 30 June 2026, which creates a near-term fundamental case for accumulation around current levels.

The intraday setup for Bajaj Finance on 1 June is a mean-reversion trade from oversold territory. Kunal Singla observed that the stock’s RSI has moved toward the 40-45 zone following the three-day decline, indicating oversold pressure that tends to attract buyers in large-cap NBFC counters when broader sentiment recovers. Among intraday stocks for today, Bajaj Finance carries the highest risk-reward for a mean-reversion intraday play, with a clear stop at Rs 885 and a realistic target of Rs 940 if the market opens and holds higher.

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Intraday Trading Strategy for Today’s Session

Wait for the 9:30 AM Confirmation Candle

Do not chase a gap-up opening immediately. Let the market settle for the first 15 minutes and wait for the 9:30 AM 15-minute candle to close. If it closes above the opening gap level, that is the entry confirmation. Entering too early exposes you to gap reversals that are common on volatile Monday openings.

Define Your Stop Loss Before Entry

Every intraday trade today must have a pre-defined stop loss. For TECHM, stop at Rs 1,440. For Infosys, stop at Rs 1,170. For Bajaj Finance, stop at Rs 885. If any stock breaks its stop level without recovery within 10 minutes, exit immediately. Capital preservation matters more than any single trade.

Watch the 23,400 Level on Nifty 50

The broader market direction will determine whether the intraday recovery sustains. If Nifty 50 fails to hold 23,400 and slides back below, reduce intraday exposure across all three names. IT stocks tend to outperform even in weak markets, but Bajaj Finance is more sensitive to Nifty direction.

Book Profits in Tranches

Do not hold all three positions to their full target simultaneously. For each stock, book 50 percent of the position at the first target and trail the stop loss for the remaining 50 percent. This strategy locks in profits while allowing a full run if the momentum continues through the afternoon session.

Risks of Intraday Trading Today

• VIX at 16.18 means amplified swings: An elevated India VIX increases the chance of sudden reversals. The gap-up opening indicated by GIFT Nifty could reverse quickly if global cues deteriorate or if any negative news on the US-Iran deal emerges before the opening bell.
• Heavy FII selling pressure: FIIs sold Rs 21,106 crore on Friday. If selling resumes on Monday, even strong IT stocks may face selling pressure after the initial gap-up, limiting the intraday upside. Monitor FII activity through the NSE website during the session.
• Monsoon uncertainty: The IMD revised its 2026 southwest monsoon forecast to 90 percent of LPA, below expectations. Broader risk-off sentiment could cap the recovery across all intraday picks.

Conclusion

The intraday stocks for today on 1 June 2026 are Tech Mahindra, Infosys, and Bajaj Finance, three names selected by Univest research analysts Ankit Jaiswal and Kunal Singla based on verified price data, Friday’s technical setups, and clear catalysts. TECHM and Infosys ride the IT sector’s breakout momentum, powered by AI deal visibility, Wipro’s agentic partnership news, and a strengthening rupee narrative for export-oriented tech firms. Bajaj Finance offers a contrarian mean-reversion play from oversold NBFC territory.

GIFT Nifty’s 139-point premium over Friday’s close supports a positive opening, but traders must respect stop losses given the elevated VIX. The best intraday stocks to buy today are those where you have defined entry, target, and stop loss before the market opens. Use the Univest app to track live prices and react to real-time developments in today’s session.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

FAQs

What are the best intraday stocks for today, 1 June 2026?

Ans. Based on technical analysis and Friday’s price data, Univest analysts Ankit Jaiswal and Kunal Singla have flagged Tech Mahindra (TECHM), Infosys (INFY), and Bajaj Finance (BAJFINANCE) as the top intraday stocks for today. TECHM and Infosys ride the IT sector’s AI-driven momentum, while Bajaj Finance offers a mean-reversion setup from its 200-day EMA support.

Which analysts at Univest pick the intraday stocks for today?

Ans. Univest’s daily intraday stock picks are flagged by Ankit Jaiswal, Senior Research Analyst at Univest, who specialises in technical analysis and intraday momentum setups, and Kunal Singla, Associate Director at Univest and an IIT Delhi alumnus specialising in quantitative and technical analysis. Both analysts base their picks on verified data from NSE price feeds and sectoral performance.

Why did IT stocks outperform on Friday 29 May 2026?

Ans. IT stocks were the only sectoral gainers on 29 May 2026, driven by Wipro’s announcement of an agentic AI partnership with ServiceNow, which lifted the entire large-cap IT sector on global AI optimism. Wipro ADRs rallied 18.54% on the NYSE, triggering sympathy buying in Infosys, TechM, TCS, and HCL Tech. A weaker rupee further boosted export-oriented IT earnings expectations.

What is a safe stop loss for intraday stocks for today?

Ans. For today’s intraday stocks, the recommended stop losses are: Tech Mahindra at Rs 1,440, Infosys at Rs 1,170, and Bajaj Finance at Rs 885. These levels are based on Friday’s intraday lows and key technical support zones. Always set the stop loss before entering any intraday trade to limit losses in the event of a sudden market reversal.

Is intraday trading suitable for all investors?

Ans. Intraday trading involves significantly higher risk than delivery-based investing because positions are opened and closed within the same trading session, amplifying both potential gains and losses. It is not suitable for investors with low risk tolerance, those who cannot monitor their positions throughout the day, or beginners who have not practised with paper trading first. Consult a SEBI-registered investment advisor before beginning intraday trading.