Closing Bell: Nifty Ends in Red as IT Stocks Crash 5.5% on Profit Booking While Banking Stocks Buck the Trend

Indian stock market closed lower on June 3, 2026, as Nifty IT plunged 5.57% amid profit booking. Sensex fell 304 points, Nifty slipped below 23,500, while Bank Nifty gained on strong PSU and private bank buying ahead of the RBI policy decision.

Jun 3, 2026 - 15:00
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Closing Bell: Nifty Ends in Red as IT Stocks Crash 5.5% on Profit Booking While Banking Stocks Buck the Trend
Indian stock market closed lower on June 3, 2026, as Nifty IT plunged 5.57% amid profit booking. Sensex fell 304 points, Nifty slipped below 23,500, while Bank Nifty gained on strong PSU and private bank buying ahead of the RBI policy decision.

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