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Sensex, Nifty trim losses as banking stocks offset IT rout, focus shifts to RBI MPC meeting

Sensex and Nifty recover from losses as banking stocks rally, with focus shifting to the upcoming RBI MPC meeting.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.comthehindu.com

Confronto fonti

3 prospettive sulla stessa storia
AI · summaries
thehindubusinessline.com1 g fa

D-Street bleeds: Sensex crashes 1,150 pts, Nifty sheds 300 pts, IT top laggard

Indian equity markets plunge: Sensex -1,157 pts (-1.3%), IT sector -6% (TCS, Infosys, Wipro), amid US-Iran tensions, oil spike, foreign outflows. RBI policy Friday will signal recovery direction for India-exposed tech portfolios facing geopolitical headwinds.

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thehindu.com1 g fa

Sensex drops over 300 points dragged by IT firms, spike in oil prices

TCS, Tech Mahindra and Infosys fell 3-8%, driving Sensex down 0.41% as investors booked profits after three-day rally amid crude oil surge. For IT buyers, the India-linked selloff and pending 12.5% U.S. tariffs signal rising cost pressure on offshore services and tech vendor capex.

Timeline cronologica

  1. lunedì 1 giugno 2026·thehindubusinessline.com

    IT rally cushions markets as Nifty slips back into consolidation zone by midday

    Tech Mahindra, Infosys, TCS, HCL Technologies and Coal India were the major gainer for the morning; IT stocks dominated the gainers’ list and provided the primary buffer against…

  2. lunedì 1 giugno 2026·economictimes.indiatimes.com

    Nifty Bank drops 370 points as PNB, Axis Bank, SBI, and other stocks fall up to 2%. What lies ahead?

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originale
economictimes.indiatimes.com2 g fa

Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine

TCS +7%, Infosys +5% drove Sensex to 74,650 on global AI optimism and Anthropic's IPO filing. For tech leaders, the revaluation signals renewed AI confidence in India's outsourcers, though South Korea's market cap rise shows intensifying competition for global AI talent and resources.

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Banking stocks declined sharply on Monday, pulling the Nifty Bank index down more than 370 points. PSU banks led the losses, while analysts flagged key support and resistance…

  • martedì 2 giugno 2026·thehindubusinessline.com

    Markets open lower; IT stocks buck trend as selling pressure continues

    Markets open lower amid selling pressure, with IT stocks gaining; analysts caution on geopolitical uncertainties and rising crude prices.

  • martedì 2 giugno 2026·economictimes.indiatimes.com

    Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine

    Indian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a strong surge in IT stocks including…

  • martedì 2 giugno 2026·thehindubusinessline.com

    IT stocks recovery arrests Sensex, Nifty slide

    IT stocks lead recovery in Indian markets, reversing losses despite geopolitical tensions and foreign selling pressures.

  • mercoledì 3 giugno 2026·thehindubusinessline.com

    D-Street bleeds: Sensex crashes 1,150 pts, Nifty sheds 300 pts, IT top laggard

    Equity markets plunge sharply as Sensex drops 1,157 points and Nifty sheds 332, led by heavy IT selling.

  • mercoledì 3 giugno 2026·economictimes.indiatimes.com

    Nifty Bank tumbles 600 points; IndusInd Bank, Yes Bank, SBI and other stocks fall up to 3%. What lies ahead?

    The Nifty Bank index plunged over 1% on Wednesday, tracking the broader market selloff, with the gauge falling 626 points to 53,089. AU Small Finance Bank and IndusInd Bank led…

  • mercoledì 3 giugno 2026·thehindubusinessline.com

    Sensex, Nifty trim losses as banking stocks offset IT rout, focus shifts to RBI MPC meeting

    Sensex and Nifty recover from losses as banking stocks rally, with focus shifting to the upcoming RBI MPC meeting.

  • mercoledì 3 giugno 2026·thehindu.com

    Sensex drops over 300 points dragged by IT firms, spike in oil prices

    Stock markets decline sharply as Sensex falls over 300 points, led by IT sell-offs and rising oil prices.

  • giovedì 4 giugno 2026·economictimes.indiatimes.com

    Sensex falls over 300 points, Nifty below 23,350 amid persistent FII selling

    Indian stock markets opened lower on Thursday, with Sensex and Nifty declining due to persistent FII selling and global headwinds. Geojit Investments noted that geopolitical…

  • giovedì 4 giugno 2026·thehindubusinessline.com

    Sensex, Nifty slide at open as West Asia tensions, RBI meet rattle markets

    Sensex and Nifty decline as West Asia tensions and RBI meeting create market uncertainty; investors await crucial rate decision.

  • giovedì 4 giugno 2026·economictimes.indiatimes.com

    Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market rebound

    Indian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a strengthening rupee, and potential scrapping…

  • giovedì 4 giugno 2026·thehindubusinessline.com

    Markets claw back losses by midday; IT drags, energy and pharma gain

    Market rebounds by midday with IT struggling, while energy and pharma sectors gain; RBI policy decision looms ahead.

  • giovedì 4 giugno 2026·thehindubusinessline.com

    Nifty holds ground ahead of RBI decision; Midcaps outshine

    Nifty remains steady as midcaps excel, with markets cautious ahead of the RBI's Monetary Policy Committee announcement.