Business EconomyPosted at: Jun 3 2026 6:22PM


Markets end lower; IT stocks drag Sensex, Nifty down

New Delhi, June 3 (UNI): The Indian Stock Markets on Wednesday ended lower, erasing the previous session’s gains.
At close, Sensex was down 303.67 points or 0.41 percent at 74,346.17, while the Nifty was down 77.95 points or 0.33 percent at 23,405.60.
Nifty Midcap 100 index shed 0.4percent and Nifty Smallcap 100 index was down 0.1 percent.
Among the sectors, IT index shed 5.5percent, FMCG and realty slipped 1percent each, and Consumer Durables fell 0.8percent. On the other hand, Telecom index rose 2percent, PSU Bank index jumped 1.7 percent, and healthcare index was up 0.5percent each.
On Nifty, TCS, Tech Mahindra, HCL Technologies, Infosys, and Wipro were in decline. While gainers were Apollo Hospitals, Max Healthcare, Tata Motors Passenger Vehicles, SBI and ICICI Bank.
On BSE, over 100 stocks touched their 52-week high. These included Apar Industries, IFCI, Vodafone Idea, Chennai Petro, HFCL, Federal Bank, Welspun Corp, JK Bank, NMDC, Technologies India, PTC Industries, ACME Solar, among others.
Among the IT stocks, Tata Consultancy Services led the decline, tumbling 8.4percent. Persistent Systems, Coforge, LTIMindtree, Tech Mahindra, L&T Technology Services, eClerx Services, HCL Technologies, Birlasoft, KPIT Technologies, Mphasis, Tata Elxsi, Sonata Software, and Oracle Financial Services Software followed the fall.
Among the global markets, S&P 500 futures were little changed, while Nasdaq 100 futures hovered around the previous session’s closing levels. UNI VK AKU
Please log in to get detailed story.
Tags: #Markets end lower; IT stocks drag Sensex# Nifty down
More News

Stock markets end in red; IT and metals major losers

06 Jun 2026 | 12:41 AM

New Delhi, June 5 (UNI) The Indian stock market on Friday ended in the red, in a volatile trading session, as investors weighed the Reserve Bank of India's latest inflation and growth projections.

see more..

AirTrunk’s Rs 3 Lakh Crore India Investment ito Boost Digital Infrastructure, Says Modi

05 Jun 2026 | 11:26 PM

‎New Delhi, Jun 5 (UNI) ‎Prime Minister Narendra Modi on Friday hailed Asia Pacific and Middle East Technology company AirTrunk’s announcement of a major investment in India’s digital infrastructure sector, saying the proposed commitment of around Rs 3 lakh crore ($30 billion) underscores the country’s growing role in shaping the future of the global digital economy.

see more..

RBI recognises Sahamati as SRO for Account Aggregator ecosystem

05 Jun 2026 | 11:11 PM

Bengaluru, June 5 (UNI) In a significant development for the country's digital financial architecture, the Reserve Bank of India (Reserve Bank of India) has officially recognised Sahamati as the Self-Regulatory Organisation (SRO) for the Account Aggregator ecosystem, marking a new phase in the governance of India's consent-based financial data-sharing framework.

see more..

AP to Develop Integrated Aqua Corridor Linking Six Major Centres: CM Naidu

05 Jun 2026 | 11:07 PM

Visakhapatnam, June 5 (UNI) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday announced plans to establish an integrated Aqua Corridor connecting Amaravati, Bhimavaram, Kakinada, Visakhapatnam, Krishnapatnam and Nellore, positioning the state as the hub of India’s blue economy.

see more..

Tata Motors To Rank Among Top 4 Global CV Makers: N Chandrasekaran

05 Jun 2026 | 10:25 PM

Mumbai, June 5 (UNI) Tata Motors will expand globally in the next five years, and with the acquisition of Italian commercial vehicle and powertrain manufacturer, Iveco Group, it will rank among the top four commercial vehicle makers in the world, according to Tata Sons Chairman N Chandrasekaran.

see more..