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Sensex recovers 850 points from day’s low, Nifty closes above 23,400. One big reason behind sharp market rebound!
Indian stock markets staged a strong comeback on Wednesday afternoon. This recovery followed earlier sharp declines. Media reports indicated the government plans to cut taxes and remove ownership caps on certain bonds. This news significantly boosted investor confidence. The Sensex and Nifty recovered most of their morning losses. Foreign investors remained net sellers of Indian equities.
Market Updates: Sensex Recovers 470 Points From Day's Low, Nifty At Near 23,350 - News18
Market Updates: Sensex Recovers 470 Points From Day's Low, Nifty At Near 23,350News18
INR depreciates further to one-week low as oil stays elevated amid Middle East turmoil
The Indian rupee depreciated further in opening trades on Wednesday as oil prices stay elevated, driving fears of inflationary pressures in future. INR opened at Rs 95.43 per dollar and hit a low of 95.65 so far during the day. Yesterday, rupee fell 15 paise to close at 95.34 against the US dollar, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Significant foreign fund outflows also weighed on the investor sentiments. Local equities continue to stay strained in early trades with BSE Sensex trading at 73,866.45, down by 783.39 points and NSE Nifty 50 trading at 23,247.90, down by 235.65 points.
Sensex tumbles over 1,100 points, Nifty below 23,200. 6 key factors behind today's D-Street rout - The Economic Times
Sensex tumbles over 1,100 points, Nifty below 23,200. 6 key factors behind today's D-Street routThe Economic TimesWhy is stock market down today? BSE Sensex, Nifty50 crash around 1% - top reasons for fallThe Times of IndiaSensex recovers 500 pts from day's low, but still down 0.9%: Three key reasons behind market paring lossesMoneycontrol.com
Why is market falling today? Sensex drops 700 points, Nifty below 23,300. 4 key factors behind today D-Street rout
Indian stock markets opened sharply lower, with Sensex and Nifty both declining nearly 1% in early trading. This downturn was driven by escalating Iran-US war uncertainties and continued foreign institutional investor selling. The market volatility index, India VIX, also saw a significant jump.
Stocks to buy: Ajit Mishra of Religare Broking recommends three shares to buy on Wednesday - 3 June 2026
Stocks to buy: Ajit Mishra, SVP - Research, Religare Broking Limited believes Nifty rebounded after retesting its previous swing low around the 23,250 mark. Here are top stock recommendations from the analyst.
Asian Paints Share Price Live Updates: Asian Paints exhibits low volatility in the market.
Stocks in news: Alkem Labs, Vedanta, Canara Bank, NHPC, Adani Ports
Markets closed higher on weekly expiry day despite volatility, with Nifty showing signs of recovery but facing resistance around 23,800-24,000. Key stocks like Alkem Labs, Vedanta, Canara Bank, NHPC, and Adani Ports are in focus due to significant corporate developments including block deals, ED visits, capital raising plans, oversubscribed OFS, and strong cargo volumes.
INR settles lower as global crude oil prices stay elevated amid Middle East turmoil
The Indian rupee depreciated 15 paise to close at 95.34 (provisional) against the US dollar on Tuesday, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Significant foreign fund outflows also weighed on the investor sentiments. At the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar, then touched an intraday high of 95.03 and a low of 95.37. Indian shares closed higher on Tuesday, staging a rebound after four days of losses as investors assessed mixed signals over the status of U.S.-Iran peace talks and awaited upcoming RBI rate decision. The Nifty 50 gained 100.95 points (0.43%) to close at 23,483.55, while the Sensex rose 382.50 points (0.52%) to settle at 74,649.84.
Bitcoin falls to two-month low as Strategy sale, West Asia risks weigh
Bitcoin fell to its lowest level since early April after top corporate holder Strategy sold a portion of its holdings and escalating West Asia tensions dampened risk appetite. Continued ETF outflows and uncertainty over US-Iran relations further pressured the cryptocurrency market.
ET Alpha Wealth Summit: Decoding market cycles and India's next wealth creators
Investors face market uncertainty. The ET Alpha Wealth Summit on June 4 in Mumbai brings together top investors. S Naren of ICICI Prudential AMC will share lessons on market cycles. Samir Arora of Helios Capital Management will discuss future wealth creation opportunities. The event explores whether market turbulence is over or if more is expected. Registrations are open.
Sensex jumps 1,000 pts from day's low; Nifty above 23,550; key reasons - Business Standard
Sensex jumps 1,000 pts from day's low; Nifty above 23,550; key reasonsBusiness Standard