{"id":14695,"date":"2026-06-04T10:55:45","date_gmt":"2026-06-04T10:55:45","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=14695"},"modified":"2026-06-04T10:55:48","modified_gmt":"2026-06-04T10:55:48","slug":"market-highlights-4-june-2026","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/market-updates\/market-highlights-4-june-2026\/","title":{"rendered":"Sensex Today | Nifty 50 | Stock Market Highlights 4 June 2026: Benchmarks close flat after volatile session, Titan leads rebound"},"content":{"rendered":"
\"Sensex<\/figure>\n\n\n

Indian equities finished almost unchanged on Thursday after a gap-down open and wide intraday swings, with the Sensex<\/strong> ending at 74,360<\/strong> and the Nifty 50<\/strong> at 23,416<\/strong>, as traders stayed cautious ahead of Friday\u2019s RBI policy decision and tracked easing crude prices and persistent FII selling.<\/p>\n\n\n\n

Market Overview<\/h2>\n\n\n\n
Index<\/strong><\/th>4 Jun Close<\/strong><\/th>Move & % Change<\/strong><\/th>Comments<\/strong><\/th><\/tr><\/thead>
Sensex<\/strong><\/td>74,360.01<\/strong><\/td>+14 pts (+0.02%)<\/td>Recovered nearly 740 pts from day\u2019s low on expiry day volatility.<\/td><\/tr>
Nifty 50<\/strong><\/td>23,416.55<\/strong><\/td>+11 pts (+0.05%)<\/td>Held above 23,400 after testing support near 23,250\u201323,150 zone.<\/td><\/tr>
Nifty Midcap 100<\/strong><\/td>approx. 52-week high zone<\/td>up 0.5%<\/td>Outperformed large caps, aided by broad-based buying.<\/td><\/tr>
Nifty Smallcap 100<\/strong><\/td>approx. 52-week high zone<\/td>up 0.5%<\/td>Benefited from risk-on sentiment in broader market.<\/td><\/tr>
India VIX<\/strong><\/td>15.77<\/strong><\/td>-3% approx.<\/td>Volatility cooled from morning spike above 16.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

    \n
  • Trade stayed choppy after a weak start triggered by negative global cues and Middle East tensions.<\/li>\n\n\n\n
  • Sensex slipped below 74,100 in early trade before reversing to test 74,500 intraday.<\/li>\n\n\n\n
  • Nifty 50 briefly fell below 23,350<\/strong>, then reclaimed 23,400<\/strong> and crossed 23,450<\/strong> intraday.<\/li>\n\n\n\n
  • India VIX swung from a 6% jump at open to a decline by close, signalling intraday stabilisation.<\/li>\n\n\n\n
  • Market breadth on NSE was positive: 1,817<\/strong> stocks advanced, 1,474<\/strong> declined, 105<\/strong> were unchanged.<\/li>\n<\/ul>\n\n\n\n

    Key Movers<\/h2>\n\n\n\n

    Top Gainers (Large-cap focus)<\/h3>\n\n\n\n
    Stock<\/strong><\/th>Sector<\/strong><\/th>Notable Factor<\/strong><\/th><\/tr><\/thead>
    Titan Company<\/strong><\/td>Consumer durables<\/td>Rose about 4%<\/strong>, emerged as top Sensex gainer.<\/td><\/tr>
    Eternal (Zomato parent)<\/strong><\/td>Internet \/ consumer<\/td>Gained around 3%<\/strong>, among key index supports.<\/td><\/tr>
    ITC<\/strong><\/td>FMCG<\/td>Added about 1%, aided defensive buying.<\/td><\/tr>
    Tech Mahindra<\/strong><\/td>IT services<\/td>Climbed around 1%, bucking broader IT weakness.<\/td><\/tr>
    State Bank of India<\/strong><\/td>PSU bank<\/td>Advanced near 1%, supported Bank Nifty tone.<\/td><\/tr>
    ICICI Bank<\/strong><\/td>Private bank<\/td>Rose around 0.8\u20131%, outperformed some private peers.<\/td><\/tr>
    Bharat Electronics (BEL)<\/strong><\/td>Defence electronics<\/td>Gained about 0.8%, extended recent strength.<\/td><\/tr>
    Maruti Suzuki<\/strong><\/td>Auto<\/td>Edged higher, up about 0.2%.<\/td><\/tr>
    Mahindra & Mahindra<\/strong><\/td>Auto<\/td>Traded mildly positive, aiding auto pack.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Top Losers (Large-cap focus)<\/h3>\n\n\n\n
    Stock<\/strong><\/th>Sector<\/strong><\/th>Notable Factor<\/strong><\/th><\/tr><\/thead>
    Infosys<\/strong><\/td>IT services<\/td>Fell about 1.7%<\/strong>, top Sensex drag.<\/td><\/tr>
    Bajaj Finserv<\/strong><\/td>NBFC<\/td>Declined around 1.4%<\/strong>, weighed on financials.<\/td><\/tr>
    UltraTech Cement<\/strong><\/td>Cement<\/td>Dropped nearly 1%, continued sectoral pressure.<\/td><\/tr>
    HCL Technologies<\/strong><\/td>IT services<\/td>Lost about 0.9%, part of IT underperformance.<\/td><\/tr>
    Reliance Industries<\/strong><\/td>Oil & telecom<\/td>Eased around 0.7%, capped index upside.<\/td><\/tr>
    Adani Ports & SEZ<\/strong><\/td>Ports & logistics<\/td>Slipped about 0.7%, amid recent EPS downgrades.<\/td><\/tr>
    Tata Steel<\/strong><\/td>Metals<\/td>Down around 0.6%, tracking weaker metal index.<\/td><\/tr>
    Hindustan Unilever<\/strong><\/td>FMCG<\/td>Soft by about 0.5%, profit-taking seen.<\/td><\/tr>
    Sun Pharma<\/strong><\/td>Pharmaceuticals<\/td>Edged lower, down nearly 0.5%.<\/td><\/tr>
    Larsen & Toubro<\/strong><\/td>Capital goods<\/td>Slight decline, under pressure after EPS cuts.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
      \n
    • Intra-day, Trent<\/strong> fell over 2%, while Maruti Suzuki<\/strong>, ICICI Bank<\/strong> and M&M<\/strong> gained more than 1% at mid-session.<\/li>\n\n\n\n
    • Broader action included a sharp rally in Physicswallah<\/strong>, up about 18%<\/strong> after announcing a shift to an NBFC-partnership lending model.<\/li>\n<\/ul>\n\n\n\n

      Sectoral Action<\/h2>\n\n\n\n
      Sector \/ Index<\/strong><\/th>Direction (approx.)<\/strong><\/th>Key Drivers<\/strong><\/th><\/tr><\/thead>
      Nifty Consumer Durables<\/strong><\/td>up more than 2%<\/td>Led by Titan<\/strong>, supported by discretionary demand optimism.<\/td><\/tr>
      Nifty Metal<\/strong><\/td>down 0.7%<\/td>Profit-taking despite selective earnings upgrades in metals.<\/td><\/tr>
      Nifty IT<\/strong><\/td>down up to 1% intraday<\/td>Continued selling after recent underperformance and AI-related concerns.<\/td><\/tr>
      Nifty Bank<\/strong><\/td>up about 1% from low<\/td>Recovery from 53,829 to 54,334 amid stock-specific moves.<\/td><\/tr>
      PSU Banks<\/strong><\/td>mixed to positive<\/td>SBI<\/strong>, Bank of Baroda<\/strong> gained, offsetting PNB weakness.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
        \n
      • Canara Bank<\/strong>, PNB<\/strong>, AU Small Finance Bank<\/strong>, HDFC Bank<\/strong>, Kotak Bank<\/strong>, Axis Bank<\/strong> traded lower intraday despite index recovery.<\/li>\n\n\n\n
      • IDFC First Bank<\/strong>, SBI<\/strong>, Bank of Baroda<\/strong>, Federal Bank<\/strong> and ICICI Bank<\/strong> advanced up to about 1.4%.<\/li>\n<\/ul>\n\n\n\n

        Technical Outlook<\/h2>\n\n\n\n
          \n
        • Nifty has repeatedly rebounded from the 23,250\u201323,150<\/strong> band over the last three sessions.<\/li>\n\n\n\n
        • SBI Securities highlighted 23,300\u201323,320<\/strong> as crucial support and 23,550\u201323,570<\/strong> as immediate resistance.<\/li>\n\n\n\n
        • A sustained move above 23,580<\/strong> could extend the pullback towards 23,700\u201323,770<\/strong>.<\/li>\n\n\n\n
        • On the downside, a break below 23,300<\/strong> may open 23,200\u201323,150<\/strong>, with 23,000 as the next psychological level.<\/li>\n\n\n\n
        • The index continues to trade below key moving averages, with daily RSI stuck in a narrow range, indicating lack of strong directional momentum.<\/li>\n\n\n\n
        • For Sensex, support is seen near 74,000<\/strong>, with resistance around 74,800<\/strong>.<\/li>\n<\/ul>\n\n\n\n
            \n
          • “This is the third consecutive session markets have witnessed a recovery from the 23,250\u201323,150 zone” \u2014 SBI Securities.<\/li>\n<\/ul>\n\n\n\n

            Bank Nifty Snapshot<\/h2>\n\n\n\n
            Statistic<\/strong><\/th>Value \/ Range<\/strong><\/th>Context<\/strong><\/th><\/tr><\/thead>
            Intraday low<\/strong><\/td>53,829.40<\/strong><\/td>Slipped 0.6% at open amid global risk-off.<\/td><\/tr>
            Intraday high<\/strong><\/td>54,333.70<\/strong><\/td>Rebounded nearly 1% from low, but below key averages.<\/td><\/tr>
            Immediate support<\/strong><\/td>53,700\u201353,800<\/td>Multiple analysts flag this band as near-term floor.<\/td><\/tr>
            Immediate resistance<\/strong><\/td>54,500\u201354,800<\/td>Close above 55,200\u201355,400 needed for breakout.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
              \n
            • Price action formed a bullish candle with a lower wick, signalling buying at lower levels.<\/li>\n\n\n\n
            • The index still trades below key short and long-term moving averages, including the 20-day SMA near 54,200.<\/li>\n\n\n\n
            • Analysts expect heightened volatility in Bank Nifty around the RBI policy outcome.<\/li>\n<\/ul>\n\n\n\n

              Global Cues and Macro Drivers<\/h2>\n\n\n\n
              Market \/ Asset<\/strong><\/th>Movement<\/strong><\/th>Notes<\/strong><\/th><\/tr><\/thead>
              Brent crude<\/strong><\/td>around $97\/bbl<\/strong>, -0.7%<\/td>Fell after Israel\u2013Lebanon ceasefire raised hopes of broader deal.<\/td><\/tr>
              WTI crude<\/strong><\/td>about $95.3\/bbl<\/strong>, -0.7%<\/td>Easing prices tempered inflation worries but remain elevated.<\/td><\/tr>
              US equities<\/strong><\/td>-0.7% to -1.2%<\/td>Financials and tech dragged on Middle East escalation.<\/td><\/tr>
              Asian equities<\/strong><\/td>mostly lower<\/td>Japan, South Korea, Hong Kong indices declined on risk-off mood.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
                \n
              • Fresh US\u2013Iran strikes and a fragile ceasefire kept geopolitical risk high despite de-escalation hopes.<\/li>\n\n\n\n
              • US Treasury yields eased slightly, with the 10-year around 4.48%<\/strong>, supporting risk assets intraday.<\/li>\n<\/ul>\n\n\n\n

                Flows, Rupee and Key Statistics<\/h2>\n\n\n\n
                Statistic<\/strong><\/th>Value \/ Change<\/strong><\/th>Context<\/strong><\/th><\/tr><\/thead>
                FII flows (Wed)<\/strong><\/td>\u20b95,617 crore net sold<\/strong><\/td>Fourth straight session of heavy selling, over \u20b939,625 crore<\/strong> in four days.<\/td><\/tr>
                DII flows (Wed)<\/strong><\/td>\u20b95,741 crore net bought<\/strong><\/td>Domestic institutions offset foreign selling.<\/td><\/tr>
                Rupee close (Thu)<\/strong><\/td>95.58 per USD<\/strong><\/td>Slightly weaker from 95.7050, rangebound ahead of RBI policy.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
                  \n
                • Persistent FII outflows and elevated crude have kept risk appetite in check.<\/li>\n\n\n\n
                • Traders await the RBI Monetary Policy Committee outcome, with focus on stance, inflation commentary and any hints on currency management.<\/li>\n<\/ul>\n\n\n\n

                  Earnings Expectations Backdrop<\/h2>\n\n\n\n
                    \n
                  • Consensus FY27 EPS estimates for Nifty 50<\/strong> have been cut by 9%<\/strong> over the past year.<\/li>\n\n\n\n
                  • The index has fallen 4.9%<\/strong> in the same period, implying earnings downgrades outpace price correction.<\/li>\n\n\n\n
                  • In May alone, 31<\/strong> Nifty 50 companies saw FY27 EPS downgrades, while 15<\/strong> saw upgrades.<\/li>\n\n\n\n
                  • Sectors with broad-based cuts include infrastructure & ports, cement, insurance, telecom, industrials, and utilities.<\/li>\n\n\n\n
                  • Metals and mining saw upgrades, led by Hindalco Industries<\/strong>, ONGC<\/strong>, Tata Steel<\/strong> and Bajaj Auto<\/strong>.<\/li>\n\n\n\n
                  • Among large names, Cipla<\/strong>, Dr Reddy\u2019s Laboratories<\/strong>, Adani Enterprises<\/strong>, L&T<\/strong>, and Adani Ports & SEZ<\/strong> faced sharper EPS reductions.<\/li>\n<\/ul>\n\n\n\n
                      \n
                    • This downgrade cycle and cautious macro backdrop are contributing to the market\u2019s range-bound behaviour around record highs.<\/li>\n<\/ul>\n\n\n\n

                      RBI Policy Watch<\/h2>\n\n\n\n
                        \n
                      • The MPC meeting concludes Friday, with consensus expecting a status quo on the policy rate.<\/li>\n\n\n\n
                      • Market focus is on the inflation outlook, liquidity guidance and any signal on a shift towards tightening amid Middle East-driven price risks.<\/li>\n\n\n\n
                      • Currency traders expect the rupee to trade in a 95.25\u201396.25<\/strong> band in the near term, tracking the policy tone.<\/li>\n<\/ul>\n\n\n\n

                        FAQs<\/h2>\n\n\n
                        \n
                        \n
                        \n

                        Why did the Sensex and Nifty close flat despite a weak opening?<\/strong><\/h3>\n
                        \n\n

                        Markets opened lower on global risk-off cues and FII selling but recovered as crude eased, the rupee stabilised and domestic buying emerged near the 23,250\u201323,150 support zone on Nifty.<\/p>\n\n<\/div>\n<\/div>\n

                        \n

                        Which sectors outperformed and which lagged today?<\/strong><\/h3>\n
                        \n\n

                        Consumer durables outperformed, driven by Titan, while metals and IT underperformed. Bank Nifty recovered from lows but remains below key moving averages, keeping the broader trend range-bound.<\/p>\n\n<\/div>\n<\/div>\n

                        \n

                        What levels are important for Nifty traders in the near term?<\/strong><\/h3>\n
                        \n\n

                        Support is seen around 23,300\u201323,320<\/strong>, with a deeper floor near 23,150\u201323,000<\/strong>. Resistance lies at 23,550\u201323,570<\/strong>, and a sustained move above 23,580<\/strong> could extend the pullback towards 23,700\u201323,770<\/strong>.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

                        Indian equities finished almost unchanged on Thursday after a gap-down open and wide intraday swings, with the Sensex ending at 74,360 and the Nifty 50 at 23,416, as traders stayed cautious ahead of Friday\u2019s RBI policy decision and tracked easing crude prices and persistent FII selling. Market Overview Index 4 Jun Close Move & % […]<\/p>\n","protected":false},"author":15,"featured_media":14694,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_ayudawp_aiss_exclude":false,"_ayudawp_aiss_summary":"Indian equities finished almost unchanged on Thursday after a gap-down open and wide intraday swings, with the Sensex ending at 74,360 and the Nifty 50 at 23,416, as traders stayed cautious ahead of Friday\u2019s RBI policy decision and tracked easing crude prices and persistent FII selling. Canara Bank, PNB, AU Small Finance Bank, HDFC Bank, Kotak Bank, Axis Bank traded lower intraday despite index recovery. Markets opened lower on global risk-off cues and FII selling but recovered as crude eased, the rupee stabilised and domestic buying emerged near the 23,250\u201323,150 support zone on Nifty.","_ayudawp_aiss_summary_provider":"extractive","_ayudawp_aiss_summary_hash":"473e6a690ad59f0f47287bcece13e79b61eaed77","footnotes":""},"categories":[512],"tags":[],"class_list":["post-14695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"blocksy_meta":[],"uagb_featured_image_src":{"full":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner.png",1200,640,false],"thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner-150x150.png",150,150,true],"medium":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner-300x160.png",300,160,true],"medium_large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner-768x410.png",768,410,true],"large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner-1024x546.png",1024,546,true],"1536x1536":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner.png",1200,640,false],"2048x2048":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner.png",1200,640,false],"web-stories-poster-portrait":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner-640x640.png",640,640,true],"web-stories-publisher-logo":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner-96x96.png",96,96,true],"web-stories-thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-flat-volatile-session-banner-150x80.png",150,80,true]},"uagb_author_info":{"display_name":"Team Lemonn","author_link":"https:\/\/lemonn.co.in\/blog\/author\/yudh\/"},"uagb_comment_info":0,"uagb_excerpt":"Indian equities finished almost unchanged on Thursday after a gap-down open and wide intraday swings, with the Sensex ending at 74,360 and the Nifty 50 at 23,416, as traders stayed cautious ahead of Friday\u2019s RBI policy decision and tracked easing crude prices and persistent FII selling. Market Overview Index 4 Jun Close Move & %…","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/14695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=14695"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/14695\/revisions"}],"predecessor-version":[{"id":14696,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/14695\/revisions\/14696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/14694"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=14695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=14695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=14695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}