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After opening the day higher, Indian market dragged down as the session progressed and ended the mixed.
The Nifty50 and the Sensex pared a significant amount of gains from the day's high as metal, PSU Bank, and realty stocks weighed.
At the closing bell, the BSE Sensex closed high by 64 points (up 0.1%).
Meanwhile, the NSE Nifty closed 27 points lower (down 0.1%).
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HUL, Axis Bank and ICIC Bank among the top gainers today.
ONGC, Coal India and Infosys on the other hand, were among the top losers today.
The GIFT Nifty was trading at 23,180 down by 4 points at the time of writing.
The BSE 150 Midcap index ended 1.3% lower and the BSE 250 Smallcap index ended 1.1% lower.
Sectoral indices were trading mixed today with stocks in power sector and FMCG sector witnessing buying speer. Meanwhile stocks in energy and telecom sector witnessed selling pressure.
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...
The rupee is trading at 95.22 against the US$.
Gold prices for the latest contract on MCX are trading 2.1% lower at Rs 149,274 per 10 grams.
Meanwhile, silver prices were trading 1.7% lower at Rs 234,456 per 1 kg.
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In news from the IT sector, AI-powered technology services company Wipro will commence its Rs 150 billion (bn) share buyback programme on Thursday, 11 June 2026, allowing eligible shareholders to tender their shares at a premium.
The buyback window will remain open until 17 June 2026.
According to the company's regulatory filing, Wipro plans to repurchase up to 600 m fully paid-up equity shares with a face value of Rs 2 each, representing up to 5.72% of its total paid-up equity share capital.
The Rs 150 bn buyback size constitutes 24.99% and 19.99% of the aggregate paid-up equity share capital and free reserves based on the company's latest audited standalone and consolidated financial statements, respectively, for the financial year ended 31 March 2026.
As per the buyback schedule, the last date and time for receipt of completed tender forms and other specified documents by the registrar is 5:00 PM IST on Wednesday, 17 June 2026.
Moving on to news from the metal sector, shares of Vedanta Group-backed Hindustan Zinc witnessed sharp selling pressure on Wednesday, falling nearly 4 per cent to an intraday low of Rs 541.25, amid a decline in silver prices due to escalating geopolitical tensions in West Asia.
Market sentiment turned cautious after the US launched airstrikes on Iran, which responded with attacks on Bahrain and Kuwait, while also claiming to have targeted a US military base in Jordan, according to media reports.
The escalating conflict has increased concerns over global economic stability, inflationary pressures, and commodity market volatility. As a result, silver prices came under pressure, with silver exchange-traded funds (ETFs) declining by up to 5 per cent.
On the Multi Commodity Exchange (MCX), silver futures for July 3, 2026, fell 1.01 per cent to Rs 236,120 per kg, while spot silver prices were down 0.81 per cent at US$ 64.818 per ounce.
Wipro is a leading AI-powered technology services and consulting company. Leveraging its consulting-led approach and the Wipro Intelligence unified suite of AI platforms, solutions and transformative offerings, the company helps clients build intelligent and sustainable businesses.
Wipro's innovation network brings together capabilities from the innovation labs and partner labs, academia, and global tech communities.

For more on Wipro buyback, check out our article: Wipro Buyback of Shares: A Sweet Deal or Stock Market Trap?
Moving on, metal stocks witnessed selling pressure on Wednesday, declining by up to 4 per cent during the intra-day session on the National Stock Exchange (NSE), despite a firm broader market.
The Nifty Metal index slipped nearly 2% during intra-day trade. Over the last six trading sessions, the index has underperformed the benchmark Nifty 50, falling around 6% compared with a 0.44% decline in the broader index.
Among individual stocks, Hindalco Industries and Hindustan Zinc dropped nearly 4% each. Other metal companies, including Welspun Corp, Hindustan Copper, National Aluminium Company (NALCO), Vedanta, Steel Authority of India (SAIL), and Lloyds Metals, traded lower by 2-3%.
To know what's moving the Indian stock markets today, check out the most recent share market updates here.
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