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Stock Market Crash: Heavy selling as soon as the stock market opened, Sensex-Nifty crashed

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Stock Market Crash: The stock market crashed immediately upon opening on Wednesday, June 3. The benchmark index Sensex fell 700 points, while the Nifty 50 index also fell to the 23,300 level.

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Stock Market Crash Today 3 Jun 2026: The stock market turned cash-strapped as soon as it opened on Wednesday, June 3. Sensex and Nifty fell by almost 1 percent in the first five minutes of trading. Around 9:30 am, Sensex was trading at 73,846.63, down 803.21 points or 1.07%, while Nifty 50 index was trading at 23,266.05, down 217 points or 0.93%. However, today’s trading started with a slight decline. Sensex fell 142.11 points to open at 74,507.73, while Nifty 50 index slipped 67.6 points to open at 23,415.95.

These shares are trading in the green mark

Maruti Suzuki shares saw the biggest gains in early trading today. They rose 0.78%, while Adani Ports shares gained 0.29%. Asian Paints shares also rose 0.26%. Bharti Airtel, meanwhile, saw a modest gain of 0.08%.

These stocks fell sharply

On the other hand, Tata Consultancy (TCS) shares are seeing a sharp decline of 6.60%, while Tech Mahindra shares are also trading down 4.52%. Following this, Infosys shares are down 3.74% and HCL Tech shares are down 3.20%. Meanwhile, ITC shares are also trading down 2.68%.

Investors lost Rs 3 lakh crore

Growing uncertainty over the Iran-US tensions, continued selling by foreign investors (FIIs), and other negative factors have led to widespread pessimism among investors. This heavy selling has led to the total market capitalization of BSE-listed companies falling by more than ₹3 lakh crore in a single day. The market capitalization has now fallen to ₹459 lakh crore.

The market declined due to these reasons

Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said, “Due to escalating tensions in West Asia, Brent crude prices have again reached $97. India is unlikely to see any relief on the energy front. The rupee has fallen to 95.26 against the dollar. The rupee’s steady decline has been halted, but the widening current account deficit and continued withdrawals by foreign investors (FPIs) are a cause for concern. The market is closely monitoring any statement or action taken by the RBI on June 5th.”

On the other hand, the boom of South Korean and Taiwanese semiconductor giants continues. Major companies like Samsung, SK Hynix, and TSMC are poised to generate strong profits this year and next. Markets in the US and Japan are also buoyed by expectations of higher earnings.

He added, “But the situation in India is different. Corporate earnings growth will be modest in FY2027, as economic growth is slowing and inflation remains high. All these factors have impacted market sentiment. However, the silver lining is that retail investors are still investing. While the outflows by foreign investors are causing a significant setback, reasonable market valuations, the recovery in earnings in the March quarter, and strong inflows from domestic investors should support the market.”

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