Stock Market Update 4 June 2026: Sensex Sheds Over 200 Pts; Nifty 50 Below 23,350

Most Indian stock market indices were trading in the red after market opening on Thursday, 4 June 2026.

At around 9:33 AM, the Sensex was down by 245 points (0.33%) to trade at 74,100.48. The Nifty 50 was also down by 77 points (0.33%) to trade at 23,328.55.

Notably, both indices traded with a negative undertone on Wednesday. At the market close, the Sensex stood at 74,346.17, down 0.41%. The Nifty 50 stood at 23,405.60, down 0.33%.

How Other Indices Are Performing?

Not just the Sensex and Nifty 50, but most other indices were trading in the red during early trade on Thursday.

At around 9:39 AM, Bank Nifty was down by 0.39% to trade at 53,975.10. The Nifty Financial Services index was also trading lower by 0.4% at 24,854.65.

Most sectoral indices, including the Nifty Auto (down 0.22%), Nifty Metal (down 0.54%), and Nifty IT (down 0.64%), were also in the red. Nifty FMCG (up 0.04%) was the only index in the green.

Top Gainers And Losers

The overall market breadth was negative during early trade. Approximately 1,069 shares were trading in the green, whereas 1,242 shares were in the red. 128 shares remained unchanged.

The top gainers on Nifty were Coal India, Adani Enterprises, ONGC, and Grasim Industries.

The top losers were Infosys, HCL Tech, Cipla, and Eicher Motors.

What About The Global Markets?

Most global markets were also trading in the red on Thursday:

• S&P 500 futures were down by 0.6% as of 12:33 PM Tokyo time.

• Japan’s Topix was down 4.6%.

• Australia’s S&P/ASX 200 was down 2.2%.

• Hong Kong’s Hang Seng was down 2.8%.

• The Shanghai Composite was down 1.4%.

• Euro Stoxx 50 futures were little changed.

Developments Shaping The Market

• Middle East Peace Hopes: Israel and Lebanon have agreed on a ceasefire on Thursday. The development has raised hopes for permanent peace in the Middle East region.

• Rupee’s Decline: The Indian National Rupee (INR) has been constantly declining due to geopolitical uncertainty and volatile energy prices. However, on Thursday, the currency opened 7 paise higher at 95.69 per US dollar.

• Oil Prices Slip: Oil prices somewhat slipped on Thursday after the Israel-Lebanon ceasefire agreement. Brent crude futures declined 0.69% to $97.14 per barrel.

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Investor Takeaway

The Indian stock markets are going through an extremely volatile phase. Even the slightest of recoveries are being erased by declines due to geopolitical uncertainty. Investors must proceed with extreme caution.

Sources:

The Economic Times

Moneycontrol