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Benchmark indices Sensex and Nifty closed little connected Wednesday (June 3, 2026) aft a day's breather, dragged by dense selling successful IT stocks, a caller spike successful crude lipid prices and persistent overseas money outflows.
The 30-share BSE Sensex dropped 303.67 points, oregon 0.41%, to settee astatine 74,346.17. During the day, it tanked 1,157.24 points, oregon 1.55%, to 73,492.60.
The 50-share NSE Nifty declined 77.95 points, oregon 0.33% to extremity astatine 23,405.60. Benchmark indices had snapped a four-day falling streak to adjacent astir fractional a percent higher successful the erstwhile league connected Tuesday (June 2, 2026).
Among 30 Sensex firms, Tata Consultancy Services tumbled 8.43%, followed by Tech Mahindra (6.23 %), HCL Tech (5.25%) and Infosys (3.82%). ITC, Eternal, Larsen & Toubro and Bajaj Finance were besides among the laggards.
InterGlobe Aviation, State Bank of India, ICICI Bank and Trent were among the gainers from the blue-chip pack. Brent crude, the planetary lipid benchmark, jumped 3% to $98.92 per barrel.
Foreign Institutional Investors (FIIs) offloaded equities worthy ₹8,362.92 crore connected Tuesday (June 2, 2026), according to speech data.
"Indian equities witnessed different highly volatile league contiguous (June 3, 2026). Markets opened nether unit arsenic geopolitical concerns, elevated crude lipid prices, and a crisp sell-off successful IT stocks weighed connected sentiment," Hariprasad K., Research Analyst and Founder, Livelong Wealth, said.
The cardinal communicative of the time was the crisp correction successful IT, helium said. "After a beardown three-day rally, the assemblage witnessed aggravated nett booking arsenic investors reassessed planetary exertion maturation expectations," Mr. Hariprasad added.
Meanwhile, the U.S. Trade Representative has projected slapping 12.5% further duties connected 54 countries, including India, for failing to prohibit the import of goods produced with forced labour.
The enactment follows investigations launched against 60 countries implicit what the USTR described arsenic their nonaccomplishment to enforce and efficaciously enforce bans connected imports made with forced labour.
"The nonaccomplishment of our astir important trading partners to code the importation of goods made with forced labour is unacceptable. This creates a dynamic wherever American workers are forced to vie globally connected an unlevel playing field,” U.S. Trade Representative Ambassador Jamieson Greer said successful a statement.
In Asian markets, Japan's Nikkei 225 scale and Shanghai's SSE Composite scale ended higher, portion Hong Kong's Hang Seng scale settled lower. South Korean markets were closed owed to a holiday.
Markets successful Europe were trading mostly lower. U.S. markets ended successful affirmative territory connected Tuesday (June 2, 2026).
On Tuesday (June 2, 2026), the Sensex climbed 382.50 points, oregon 0.52%, to settee astatine 74,649.84. The Nifty roseate by 100.95 points, oregon 0.43%, to extremity astatine 23,483.55.
