Market Recap – 02 June 2026 | The News Strike
Several stocks hit lower circuits today as selling pressure emerged in mid and smallcap segments. SCHNEIDER and AXISCADES were among the prominent names hitting the 5% lower band. High volume was witnessed in select counters even as the broader market showed mixed moves.
Lower Circuit Action SCHNEIDER declined -4.99% to ₹1181.30, AXISCADES fell -5.00% to ₹1682.20, and RMC dropped -5.00% to ₹350.80. Stocks like ECOSMOBLTY, SWANDEF, RAJESHEXPO, CORDSCABLE, and GREENLEAF also hit their respective lower price bands.
Sharp Declines AMBAAUTO plunged -9.94% to ₹70.65, PIONRINV fell -9.99% to ₹106.36, while ESSEN-RE3 crashed -33.33% and AVG-RE declined -39.10%. FISCHER dropped -4.97% on high volume of 32.07 lakh shares.
Volume Highlights FILATFASH saw massive trading activity with 241.52 lakh shares changing hands, closing flat at ₹0.23. GVPIL rose 3.91% to ₹854.00 on 9.15 lakh shares.
Market Movers Today
| Stock | LTP | % Change | Remark |
|---|---|---|---|
| SCHNEIDER | 1181.30 | -4.99 | Lower circuit |
| AXISCADES | 1682.20 | -5.00 | Lower circuit |
| RMC | 350.80 | -5.00 | Lower circuit |
| ECOSMOBLTY | 128.30 | -5.00 | Lower circuit |
| SWANDEF | 2028.60 | -5.00 | Lower circuit |
| RAJESHEXPO | 106.80 | -5.00 | Lower circuit |
| AMBAAUTO | 70.65 | -9.94 | Sharp decline |
| PIONRINV | 106.36 | -9.99 | Sharp decline |
| FISCHER | 34.44 | -4.97 | High volume loser |
| GVPIL | 854.00 | 3.91 | Gainer |
| FILATFASH | 0.23 | 0.00 | Highest volume |
| UNIHEALTH | 389.20 | -4.99 | Lower circuit |
| TECHERA | 165.85 | -4.98 | Loser |
| CORDSCABLE | 216.52 | -5.00 | Lower circuit |
| GREENLEAF | 66.50 | -5.00 | Lower circuit |
Stocks in Focus Tomorrow:
- SCHNEIDER — Fell -4.99% and hit lower circuit. Monitor for further developments.
- AXISCADES — Declined -5.00% on lower circuit. Track price action.
- RMC — Dropped -5.00% hitting lower band. Observe support levels.
- FILATFASH — Witnessed massive volume of 241.52 lakh shares. Keep on radar.
- AMBAAUTO — Plunged -9.94%. Watch trading activity.
- ECOSMOBLTY — Hit -5.00% lower circuit. Monitor momentum.
- FISCHER — Declined -4.97% with high volume. Track follow-through.
- GVPIL — Rose 3.91% on solid volume. Watch continuation.
- SWANDEF — Fell -5.00% on lower circuit.
- PIONRINV — Dropped -9.99%. Monitor developments.
*This recap is purely informational and data-driven. It does not constitute investment advice under SEBI regulations. Consult a SEBI-registered Research Analyst
