| Market Pulse |
Thursday, 4 June, 2026 |
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Market Snapshot
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📊
Nifty 50
23,405.6
-0.33%
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📈
Sensex
74,346.17
-0.41%
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🏦
Bank Nifty
54,185.95
+0.88%
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The Indian markets saw a mixed performance today with Nifty 50 and Sensex declining due to concerns over U.S. interest rate hikes and geopolitical tensions. However, the Bank Nifty rose on strong domestic institutional buying. The Federal Reserve's hint at potential rate increases added pressure on IT stocks, while heightened U.S.-Iran tensions threatened energy supply, impacting the energy and banking sectors adversely. Domestically, the Rajesh Exports regulatory issue created uncertainty in the metals sector.
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The Big Story
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📰 FEATURED
Fed's Hammack says rates may need to rise if rising inflation does not abate
BankingIT
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Prepare for volatility; consider hedging against currency risk.
WHY IT MATTERS
Potential Fed rate hike could lead to FII outflows and pressure on the rupee.
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Quick Takes
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company • negative
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India markets regulator finds $158 billion of misrepresented numbers at Rajesh Exports
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Expect heightened scrutiny and potential sell-off in Rajesh Exports.
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Read full report →
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india macro • positive
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What steps India has taken to stem pressure on its external balance of payments
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Expect a potential rally in sectors sensitive to currency fluctuations.
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Read full report →
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markets • negative
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Nifty profit outlook deteriorates as FY27 earnings estimates tumble 9%
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Re-evaluate portfolio positions in light of revised earnings expectations.
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Read full report →
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global macro • negative
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US, Iran exchange strikes to put fresh strain on ceasefire
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Monitor energy sector and inflation-sensitive stocks as geopolitical tensions rise.
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Read full report →
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india macro
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India to launch producer price index this month in major data shake-up
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Investors should consider PPI data for inflation impact on sectoral performance.
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Read full report →
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global macro • negative
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Hostilities flare in Iran war, oil jumps with talks at a stalemate
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Rising oil prices from Iran tensions could pressure Indian energy stocks and the broader economy.
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Read full report →
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FII / DII Activity
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FII/FPI
Bought
₹43 Cr
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DII
Bought
₹611 Cr
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FIIs bought ₹43 Cr, DIIs bought ₹611 Cr today.
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Market Breadth
Advances: 916 ·
Declines: 795 ·
A/D Ratio: 1.15
Selective selling - index down but many stocks up
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Sector Performance
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PSU Bank
+1.7%
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Bank
+0.9%
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Fin Services
+0.4%
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Pharma
+0.3%
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Auto
+0.1%
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Energy
+0.0%
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Infra
-0.1%
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Metal
-0.2%
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Media
-0.6%
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FMCG
-1.0%
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Realty
-1.4%
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IT
-5.6%
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PSU Bank, Bank led gains while Realty, IT underperformed. Cyclicals leading indicates risk-on appetite.
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Technical Levels
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Nifty 50
| Support |
23,259 / 23,113 |
| Resistance |
23,777 / 24,149 |
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Bank Nifty
| Support |
53,807 |
| Resistance |
54,875 |
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Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.
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Global Cues
| S&P Futures: -1.20%
US futures negative (S&P -1.20%).
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Commodities & Forex
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Gold
₹1,58,445
-0.05%
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Silver
₹2,62,900
-1.43%
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USD/INR
Rs 95.69/USD
+0.00%
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Macro / Economic Events
| 📌 |
3 earnings results expected |
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| 📌 |
RBI Monetary Policy Decision |
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Looking Ahead
| 👀 |
RBI Monetary Policy Decision |
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Corporate Actions
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Reliance Industries
dividend alert! Last date to buy shares of Mukesh Ambani-led company for Rs 6 final dividend
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Wipro
buyback alert! Last date to buy shares to participate in Rs 15,000 crore share buyback
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ITC
Bitcoin's high-conviction holders are turning into sellers as the crypto's price hits new lows
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Earnings Calendar
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Minal Industries
4 Jun
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Sattva Sukun Lifecare
4 Jun
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Ambo Agritec
4 Jun
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DISCLAIMER
This newsletter is for informational and educational purposes only. It is not investment advice.
Markets are subject to risks, and past performance is not indicative of future results.
Consult a registered financial advisor before making investment decisions. We are not registered
investment advisors with SEBI or any other regulatory body.
AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.
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