Closing Bell: Nifty, Sensex End Higher as IT Stocks Lead Market Recovery

Indian equity markets closed in positive territory on Tuesday, June 2, 2026, snapping a four-session losing streak as strong buying in information technology stocks lifted investor sentiment. The Nifty 50 gained 100.95 points, or 0.43%, to close at 23,483.55, while the Sensex advanced 382.50 points, or 0.52%, to settle at 74,649.84. Meanwhile, the Nifty Bank index ended marginally higher by 71.55 points, or 0.13%, at 53,714.65. The rally was primarily driven by robust gains in large-cap IT companies, supported by positive global technology cues and growing optimism surrounding artificial intelligence (AI)-led growth opportunities. Strong buying interest in frontline technology stocks helped offset weakness in select banking, financial, and defensive sectors. Market participants also found comfort in attractive valuations after the recent correction, while steady domestic institutional buying provided additional support. However, concerns regarding elevated crude oil prices and their potential impact on inflation continued to weigh on financial stocks. ### Top Gainers 1. Tata Consultancy Services Ltd. (+6.69%) – ₹2,451.10 2. Infosys Ltd. (+5.61%) – ₹1,270.00 3. HCL Technologies Ltd. (+4.17%) – ₹1,244.90 4. Adani Enterprises Ltd. (+2.15%) – ₹2,972.00 5. Wipro Ltd. (+1.79%) – ₹210.10 ### Top Losers 1. NTPC Ltd. (-2.98%) – ₹367.40 2. Axis Bank Ltd. (-1.76%) – ₹1,253.40 3. Power Grid Corporation of India Ltd. (-1.45%) – ₹282.00 4. HDFC Life Insurance Company Ltd. (-1.22%) – ₹579.40 5. Dr. Reddy’s Laboratories Ltd. (-1.04%) – ₹1,277.00 Going forward, investors will closely monitor global market trends, crude oil movements, inflation data, and developments in the technology sector for further market direction. **Disclaimer:** Investments in securities markets are subject to market risks. This content is for educational and informational purposes only and should not be construed as advice $TCS