Helping You Build Wealth With Honest Research
Since 1996. Read On...

The Best Asset Allocation for Your Equity Portfolio

Investment in securities market are subject to market risks. Read all the related documents carefully before investing

Independence Day Offer
Smallcap... Midcap... Largecap Stock
Recommendations at 75% OFF


Show Me Full Details

**Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.

AD

Sensex Today Tanks 811 Points | Nifty Below 23,300 | TCS & Infosys Top Losers
Wed, 3 Jun 10:30 am

Sensex Today Tanks 811 Points | Nifty Below 23,300 | TCS & Infosys Top LosersImage source: smagilov/www.istockphoto.com

Asian markets traded higher on Wednesday, with Japan's Nikkei 225 hitting a record high, despite uncertainty over US-Iran peace talks.

US stock market ended marginally higher on Tuesday amid tensions arising from US-Iran talks.

Here's a table showing how US stocks performed on Tuesday:

Stock/IndexLTPChange ($)Change (%)Day HighDay Low52-Week High52-Week Low
Alphabet358.39-14.19-3.81%369.79355404.44163.33
Apple315.28.892.90%315.45306.69315.45195.07
Meta597.63-2.84-0.47%608.88596.68796.25520.26
Tesla423.747.861.89%424.42413.65498.82273.21
Netflix83.33-2.52-2.94%85.9883.29134.1275.01
Amazon256.52-4.74-1.81%261.2254.37278.56196
Microsoft441.31-19.21-4.17%453.5440.43555.45356.28
Dow Jones51307.79228.910.45%51369.6150829.5551369.6141981.14
Nasdaq30660.6146.740.48%30670.1130372.9630670.1121472.77
Source: Equitymaster

At present, the BSE Sensex is trading 811 points lower and NSE Nifty is trading 216 points lower.

You can also visit our live blog section for real-time updates and deeper insights into the market.

Adani Ports, Maruti Suzuki among the top gainers today.

TCS, Infosys, Tech Mahindra on the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE 150 Midcap index is trading 0.8% lower and the BSE 250 SmallCap index is trading 0.6% lower.

Sectoral indices are trading negative today with stocks in realty sector and IT sector witnessed selling pressure.

The rupee is trading at Rs 95.6 against the US dollar.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, Richa Agarwal Research Analyst at Equitymaster highlights that AI has emerged as a major risk for legacy IT companies.

This concern is reflected in the sharp correction in the BSE IT, which has declined over 20%.

However, the sell-off may eventually become overdone, creating potential value opportunities in select IT stocks. Watch the video below to know more.

Advait Energy Secures Gujarat Battery Project

Advait Energy Transitions shares rose over 2% in early trading after its subsidiary, Advait BESS Bhesaan, signed an agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a large battery energy storage project in Gujarat.

The project will have a capacity of 150 MW/300 MWh and will be built near the 220kV Bhesan substation. Advait BESS Bhesaan will develop, own, and operate the facility, while providing energy storage services to GUVNL under a long-term contract.

This project strengthens Advait Energy Transitions' presence in the energy storage sector and supports Gujarat's growing renewable energy needs.

Canara Bank Plans Major Capital Raise

At its meeting on 2 June 2026, the board of Canara Bank approved a capital raising plan of up to Rs 85 bn for FY27 through debt instruments, including Additional Tier I (AT1) and Tier II bonds.

As part of the plan, the bank intends to raise up to Rs 45 bn through Basel III-compliant AT1 bonds and up to Rs 40 bn through Basel III-compliant Tier II bonds during FY27, subject to market conditions and regulatory approvals.

Infosys Launches AI Tool For Journalism

Infosys and Handelsblatt Media Group have launched Editorial Link Intelligence (ELI), an AI-powered tool designed to improve digital journalism and reader engagement.

Built using Infosys' AI marketing platform, ELI helps editors at Handelsblatt and WirtschaftsWoche automatically find and add relevant internal article links. This makes stories more informative and easier for readers to explore while reducing manual work for editorial teams.

The tool integrates directly into the publishers' existing systems, allowing journalists to spend more time on reporting, research, and analysis.

ELI is expected to improve reader experience, increase time spent on the websites, and support stronger audience engagement.

You can check Indian stock market live updates daily here.

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Sensex Today Tanks 811 Points | Nifty Below 23,300 | TCS & Infosys Top Losers". Click here!