Sensex Today Ends 304 Points Lower | Nifty Below 23,450 | Infosys Down 4%

Closing

Although the benchmark indices opened lower, they traded negative throughout the session and ultimately closed red.

Indian equity benchmarks indices, Sensex and Nifty50 pared a significant amount of losses from the day's low as PSU bank and financial stocks supported.

At the closing bell, the BSE Sensex  closed 304 points lower (down 0.4%)

Meanwhile, the NSE Nifty closed 77 points lower (down 0.3%)

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

SBI, ICICI Bank, Kotak Mahindra were the top gainers today.

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

The GIFT Nifty was trading at 23,456 with 36 points lower at the time of writing.

The BSE 150 Midcap index is trading 0.5% lower and the BSE 250 SmallCap index is trading 0.01% higher.

Sectoral indices were trading mixed today with metal sector and IT sector witnessed selling pressure. Meanwhile, stocks in banking sector and telecom sector witnesses buying.

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 Rs 95.6 against the US$.

Gold prices for the latest contract on MCX are trading 0.7% lower at Rs 1,58,200 per 10 grams.

Meanwhile, silver prices were trading 1.1% lower at 2,63,650 per 1 kg.

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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.

Infosys Expands AI Partnership With DNB

Infosys has expanded its partnership with DNB Bank ASA, Norway's largest bank, to help modernize its financial crime detection systems.

As part of the project, Infosys will replace multiple older systems with a single cloud-based platform that can better identify and monitor risks related to fraud, money laundering, and suspicious transactions.

Infosys will use the NICE Actimize X-Sight platform to bring together key functions such as customer screening, transaction monitoring, fraud detection, and case management into one system.

The new platform will use AI and automation to improve the accuracy of detecting financial crimes, speed up investigations, and help DNB meet regulatory requirements across different countries. The upgrade is also expected to make the bank's operations more efficient and better prepared for future compliance and security challenges.

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Godrej Launches New Wealth Management Platform

Godrej Industries has launched Godrej Wealth, its wealth management business, with a goal of managing Rs 1,000 bn in assets by 2031.

The platform will cater to affluent and high-net-worth individuals with investable assets of Rs 20 million (Rs 2 crore) and above.

Godrej Wealth will operate under Godrej Financial Services, which reported a consolidated net profit of Rs 4.44 bn in the last financial year, up from Rs 1.83 bn a year earlier.

The company believes wealth management will become a major growth driver for its financial services business. It also plans to enter the asset management industry in the coming years and is targeting a listing of the business within the next five years.

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Uber and Paytm Back ONDC Growth

Uber and Paytm have each invested Rs 0.6 bn in the government-backed Open Network for Digital Commerce (ONDC) platform.

The investment comes shortly after Zoho invested Rs 0.7 bn in ONDC.

The move strengthens Uber's and Paytm's partnership with ONDC and is aimed at expanding digital commerce, mobility, and logistics services through the platform.

Uber said that more than 10 million metro rides have been booked through its app using the ONDC network across five cities. Meanwhile, Paytm processed 218 million transactions in FY26 and currently facilitates over 300,000 metro and bus ticket bookings daily across 21 cities.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

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Sensex Today Tanks 811 Points | Nifty Below 23,300 | TCS & Infosys Top Losers

10:30 am

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/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	358.39	-14.19	-3.81%	369.79	355	404.44	163.33
Apple	315.2	8.89	2.90%	315.45	306.69	315.45	195.07
Meta	597.63	-2.84	-0.47%	608.88	596.68	796.25	520.26
Tesla	423.74	7.86	1.89%	424.42	413.65	498.82	273.21
Netflix	83.33	-2.52	-2.94%	85.98	83.29	134.12	75.01
Amazon	256.52	-4.74	-1.81%	261.2	254.37	278.56	196
Microsoft	441.31	-19.21	-4.17%	453.5	440.43	555.45	356.28
Dow Jones	51307.79	228.91	0.45%	51369.61	50829.55	51369.61	41981.14
Nasdaq	30660.6	146.74	0.48%	30670.11	30372.96	30670.11	21472.77

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.

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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.

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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.

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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.

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SoftTech Launches AI Building Approval Platform | Government Launches NHPC Stake Sale Offer | Top Buzzing Stocks Today

Pre-Open

Indian benchmark indices traded negative throughout the session and ultimately closed red.

Indian equity benchmarks indices, Sensex and Nifty50 ended higher as IT, metal, and consumer durable stocks advanced, while traders await the details of the US-India trade deal's first tranche.

At the closing bell on Tuesday, the BSE Sensex  closed 382 points higher (up 0.5%)

Meanwhile, the NSE Nifty closed 101 points higher (up 0.4%)

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

Infosys, HCL Tech, TCS were the top gainers today.

Axis Bank, Bajaj Finance, NTPC on the other hand, were among the top losers today.

The BSE 150 Midcap index is trading 0.3% higher and the BSE 250 SmallCap index is trading 0.5% higher.

Sectoral indices were trading mixed on Tuesday with healthcare sector and power sector witnessed selling pressure. Meanwhile, stocks in IT sector and auto sector witnesses buying.

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

{inlineads1}

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.

Top buzzing stocks today

Force Motors share price will be in focus today.

Shares of Force Motors came into focus after the company reported its Q4 FY26 results.

Total vehicle sales dropped 15.35% year-on-year (YoY) to 2,614 units in May 2026, compared with 3,088 units in May 2025.

Black Box & AIONOS share price will be in focus today.

Digital infrastructure company Black Box and enterprise AI firm AIONOS have entered a strategic partnership to help businesses adopt artificial intelligence (AI) faster.

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PNC Infratech Bags Lucknow Authority Order

PNC Infratech came into focus after the company received a Letter of Award (LoA) from the Lucknow Development Authority for an EPC contract worth Rs 194.40 crore.

The project involves the construction of a four-lane flyover, along with two loops and two ramps, at the Shaheed Path intersection on the right bank of the Gomti River in Lucknow.

The company said the project is expected to be completed within 24 months. It also clarified that the contract has been awarded by a domestic entity and does not involve any related-party transaction.

PNC Infratech is an infrastructure development and construction company with projects spanning highways, bridges, flyovers, airport runways, power transmission lines and industrial area development.

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Government Launches NHPC Stake Sale Offer

Shares of NHPC came into focus after the government announced an Offer for Sale (OFS) to sell up to a 6% stake in the company at a discount to the current market price.

The Department of Investment and Public Asset Management (DIPAM) has offered an initial 3% stake for sale, with an option to sell an additional 3% if investor demand is strong.

The OFS opened for non-retail investors on June 2, while retail investors can place bids on June 3.

As of the March 2026 quarter, the government held a 67.4% stake in NHPC. The stake sale is part of the government's ongoing disinvestment programme, which recently included similar sales in Coal India and Central Bank of India.

SoftTech Launches AI Building Approval Platform

SoftTech Engineers Limited has partnered with the Brihanmumbai Municipal Corporation to launch India's first AI-powered "Digital Approval Twin" called CivitTWIN, designed to speed up building permit approvals.

The platform was launched at a tech event in Mumbai by Maharashtra Chief Minister Shri Devendra Fadnavis, along with senior officials from the city administration.

Currently, Mumbai processes over 8,000 building proposals every year, and the approval system is highly complex, involving hundreds of manual data entries, coordination with multiple departments, and verification of many documents.

CivitTWIN aims to simplify this by allowing architects and applicants to upload building plans, check them digitally, identify errors in advance, and fix issues before final submission. This helps reduce delays and mistakes in the approval process.

The system uses multiple AI agents to read and process drawings, documents, maps, and past data to simulate the approval journey in advance.

SoftTech Engineers said this marks a major step in using AI for government services and supports its goal of improving urban planning and infrastructure management through digital solutions.

To know what's moving the Indian stock markets today, check out the most recent share market updates here