Stock market closing: Nifty 50 at 23,382.60 down 0.70%, Sensex at 74,267.34 down 0.68%, IT index gains 2.66%
The Indian stock market witnessed a mixed session today, with the Nifty 50 closing at 23,382.60, marking a decline of 0.70% from its opening level of 23,654.50. The Sensex also ended in the red, falling 0.68% to close at 74,267.34. Despite the overall negative sentiment, the Nifty IT index emerged as a standout performer, surging 2.66% to close at 29,854.25.
Index movements
The Nifty 50 opened at 23,654.50 and experienced fluctuations throughout the session, reaching a high of 23,733.70 and a low of 23,357.95. The index’s trajectory showed a gradual decline, with notable dips observed after midday. Meanwhile, the Sensex opened at 75,203.02, hitting a high of 75,367.93 and a low of 74,203.68 before closing at 74,267.34.
The Bank Nifty also faced downward pressure, opening at 54,403.85 and closing at 53,643.10, down 1.10% from its opening level. The index recorded a high of 54,582.75 and a low of 53,470.00 during the session.
Sectoral performance
The Nifty IT index was the top gainer among sectoral indices, closing at 29,854.25, up 2.66% from its opening level of 29,349.20. In contrast, the Nifty FMCG index faced significant losses, declining 2.30% to close at 48,247.70. Other sectoral indices such as Nifty PSU Bank and Nifty Realty also ended lower, down 1.85% and 1.83% respectively.
The Nifty Auto index fell 1.70% to 25,891.90, while the Nifty Energy index declined 1.53% to 40,253.65. The Nifty Metal index, however, managed a modest gain of 0.49%, closing at 13,506.55.
Market breadth
The broader market reflected a negative trend, with the Nifty 100 and Nifty 500 indices declining by 0.88% and 0.97% respectively. The Nifty Midcap 100 fell 1.45% to 60,827.95, while the Nifty Midcap 50 decreased by 1.21% to 17,279.20. The Nifty Media index, however, bucked the trend with a gain of 1.37%, closing at 1,427.55.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,654.50 | 23,733.70 | 23,357.95 | 23,382.60 | -0.70% |
| Sensex | 75,203.02 | 75,367.93 | 74,203.68 | 74,267.34 | -0.68% |
| Nifty IT | 29,349.20 | 30,238.15 | 29,341.60 | 29,854.25 | +2.66% |
| Nifty FMCG | 49,474.55 | 49,571.65 | 48,127.50 | 48,247.70 | -2.30% |
| India VIX | 16.19 | 16.92 | 13.91 | 16.49 | +1.85% |
| Nifty PSU Bank | 8,187.35 | 8,212.80 | 7,982.85 | 8,005.50 | -1.85% |
| Nifty Realty | 786.65 | 788.75 | 766.05 | 768.20 | -1.83% |
| Nifty Auto | 26,439.20 | 26,548.10 | 25,830.20 | 25,891.90 | -1.70% |
| Nifty Energy | 40,983.90 | 41,041.50 | 40,188.80 | 40,253.65 | -1.53% |
| Nifty Midcap 100 | 61,978.20 | 62,062.00 | 60,735.85 | 60,827.95 | -1.45% |
| Nifty Media | 1,423.65 | 1,454.75 | 1,416.10 | 1,427.55 | +1.37% |
| Nifty Midcap 50 | 17,556.55 | 17,583.80 | 17,253.05 | 17,279.20 | -1.21% |
| Bank Nifty | 54,403.85 | 54,582.75 | 53,470.00 | 53,643.10 | -1.10% |
| Nifty 500 | 22,760.80 | 22,810.20 | 22,414.80 | 22,437.95 | -0.97% |
| Nifty 100 | 24,722.30 | 24,789.75 | 24,369.85 | 24,393.05 | -0.88% |
| Nifty Pharma | 24,547.85 | 24,571.35 | 24,148.85 | 24,214.25 | -0.54% |
| Nifty Metal | 13,505.15 | 13,569.10 | 13,395.95 | 13,506.55 | +0.49% |
Market outlook
As the market closed on a mixed note, investors will be closely watching for any developments that could influence market sentiment. The strong performance of the IT sector suggests potential resilience in technology stocks, while other sectors may face continued pressure. Market participants will keep an eye on global cues and domestic economic indicators for further direction.
Data as on Jun 1, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.
Comments are closed.