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Stock market closing: Nifty 50 at 23,483.55 up 0.43%, Sensex at 74,649.84 up 0.52%, IT index surges 4.23%

Samira Vishwas | June 3, 2026 1:24 AM CST

The Indian stock market closed on a positive note today, with the Nifty 50 climbing to 23,483.55, marking a 0.43% increase from its opening level of 23,229.15. The Sensex also showed strength, rising by 0.52% to close at 74,649.84. The IT sector emerged as the top performer, with the Nifty IT index surging 4.23% to 31,116.55, leading the gains among sectoral indices.

Index movements

The Nifty 50 opened at 23,229.15 and experienced a session high of 23,556.95 and a low of 23,229.15. Throughout the trading day, the index maintained an upward trajectory, closing at 23,483.55. Meanwhile, the Sensex opened at 73,945.20, reached a high of 74,862.19, and a low of 73,815.12, before settling at 74,649.84. The Bank Nifty also saw a modest increase, closing at 53,714.65, up 0.13% from its opening of 53,265.10.

Sectoral performance

The Nifty IT index was the standout performer, rising by 4.23% to 31,116.55, with a session high of 31,290.95. The Nifty FMCG and Nifty Auto indices also posted gains, closing at 48,612.80 (+0.76%) and 26,079.45 (+0.72%), respectively. On the downside, the Nifty Pharma index declined by 0.86% to 24,006.30, despite reaching a high of 24,171.55 during the session.

Market breadth

The broader market indices reflected a positive trend, with the Nifty 100 rising by 0.40% to 24,491.30 and the Nifty 500 gaining 0.37% to close at 22,521.10. The Nifty Midcap 100 edged up by 0.19% to 60,942.00, while the Nifty Midcap 50 saw a slight increase of 0.05% to 17,287.30.

Index	Open	High	Low	Current	Change %
Nifty 50	23,229.15	23,556.95	23,229.15	23,483.55	+0.43%
Sensex	73,945.20	74,862.19	73,815.12	74,649.84	+0.52%
India VIX	16.54	16.54	15.12	15.36	-7.13%
Nifty IT	30,265.70	31,290.95	30,264.60	31,116.55	+4.23%
Nifty Pharma	24,102.95	24,171.55	23,796.65	24,006.30	-0.86%
Nifty FMCG	47,996.40	48,668.65	47,867.65	48,612.80	+0.76%
Nifty Auto	25,595.05	26,135.30	25,581.15	26,079.45	+0.72%
Nifty Realty	763.75	777.45	756.30	773.35	+0.67%
Nifty PSU Bank	7,972.75	8,070.85	7,913.15	8,049.15	+0.55%
Nifty 100	24,234.15	24,555.60	24,217.40	24,491.30	+0.40%
Nifty Metal	13,470.55	13,629.15	13,450.00	13,557.65	+0.38%
Nifty 500	22,302.05	22,563.25	22,253.00	22,521.10	+0.37%
Nifty Midcap 100	60,479.35	61,018.55	60,170.35	60,942.00	+0.19%
Nifty Energy	39,988.70	40,248.20	39,667.05	40,189.65	-0.16%
Bank Nifty	53,265.10	53,933.55	53,121.85	53,714.65	+0.13%
Nifty Media	1,417.05	1,433.95	1,406.20	1,429.25	+0.12%
Nifty Midcap 50	17,162.95	17,318.70	17,088.20	17,287.30	+0.05%

Market outlook

As the market closes on a positive note, investors will be keenly watching for any developments that could impact the indices in the coming days. The strong performance of the IT sector suggests optimism in the technology space, while the decline in the Pharma index indicates some sector-specific challenges. Market participants will continue to monitor global cues and domestic economic indicators for further direction.

Data as on Jun 2, 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.