Sensex Nifty Updates June 3: Benchmark Indices Close in Red Dragged by TCS, Tech Mahindra and Infosys Despite Banking Strength

5paisa Capital Ltd 5paisa Capital Ltd - 0 min read

Last Updated: 3rd June 2026 - 05:01 pm

Indian markets closed higher on Monday, supported by strong buying in select heavyweight stocks. The Nifty 50 Indian markets ended lower, with the Sensex falling 0.41% and the Nifty declining 0.33%, dragged down by a sharp selloff in IT stocks led by TCS, Tech Mahindra, HCL Tech, and Infosys. Banking stocks provided some support, with SBI and ICICI Bank gaining. Global cues remained mixed as Asian markets diverged and European indices traded lower. Meanwhile, U.S. markets closed marginally higher in the previous session, while India VIX jumped nearly 6%, signaling increased market volatility.

Stock Market Highlights, June 3

  • Domestic Indices End Lower: Indian benchmarks closed in the red, with the Sensex declining 0.41% to 74,346.17 and the Nifty 50 slipping 0.33% to 23,405.60. Heavy selling in IT stocks weighed on sentiment, with TCS, Tech Mahindra, and HCL Tech emerging as the session’s top losers.

  • Global Cues Mixed: Asian markets delivered a mixed performance, with Japan’s Nikkei surging 2.50%, while Hong Kong’s Hang Seng fell 1.56%. European indices traded lower at mid-session, with the DAX, STOXX 50, CAC 40, and FTSE 100 all remaining under pressure amid cautious investor sentiment.

  • Wall Street Recap: In the previous session, U.S. markets ended slightly higher, with the Dow Jones gaining 0.45%, the S&P 500 advancing 0.13%, and the NASDAQ edging up 0.03%. Investors remained selective as gains were supported by resilient economic data and steady corporate earnings expectations.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers

Company Gain
Apollo Hospital 2.48%
TMPV 2.04%
Max Healthcare 1.78%
SBI 1.44%
ICICI Bank 1.26%

Top Losers

Company Gain
TCS -8.39%
Tech Mahindra -6.31%
HCL Tech -5.19%
Infosys -3.79%
Wipro -2.74%

Indian Market Cues

Index Value Change (%)
Gift Nifty 24,597.50 0.73%
Nifty 50 23,405.60 -0.33%
Nifty Bank 54,185.95 0.88%
SENSEX 74,346.17 -0.41%

India VIX

Volatility Index Value Change (%)
India VIX 16.2775 5.97%

Asian Markets 

Index Value Change (%)
Nikkei 68,402 2.50%
Hang Seng 25,633 -1.56%
Shanghai Composite 4,697 0.23%

European Market Mid-Session Update

Index Value Change (%)
FTSE 100 10,337 -0.35%
DAX 24,875 -0.99%
CAC 40 8,183 -0.30%
STOXX 50 6,077 -0.50%

U.S. Markets Live Today

Index Value Change (%)
Dow Jones 51,307.79 0.45%
NASDAQ 27,093.90 0.03%
S&P 500 7,609.78 0.13%


*As of 15:45 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

Stay Ahead in the Market Game!
Unlock expert perspectives to shape your investment strategy.
  •  Performance Analysis
  •  Nifty Outlook
  •  Market Trends
  •  Insights on Market
+91
''
 
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
OR
 
hero_form

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form