{"id":103736,"date":"2026-06-02T11:25:01","date_gmt":"2026-06-02T05:55:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=103736"},"modified":"2026-06-02T11:25:03","modified_gmt":"2026-06-02T05:55:03","slug":"stock-market-today-nifty-sensex-nifty-it-june-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/","title":{"rendered":"Stock Market Today: Nifty 50 Slips to 23,295, Sensex Sheds 216 Points, Nifty IT Surges 4.26% as Enterprise AI Rally Defies Broader Weakness"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Stock market today: Nifty 50 at 23,295 (-0.37%), Sensex 74,051 (-0.29%), Nifty Bank -0.74%. Only Nifty IT in green at 31,125 (+4.26%). Hang Seng +1.79%.<\/em><\/p>\n<p>The stock market today is trading in sharply bifurcated territory, with the Nifty 50 at 23,295.00 (down 87.60 points or 0.37%) and the Sensex at 74,051.13 (down 216.21 points or 0.29%) as three converging macro headwinds, crude oil above $95 per barrel, sustained FII selling, and a below-normal monsoon forecast, continue to weigh on broad market sentiment. The stock market today is telling a tale of two economies: a dollar-earning, AI-exposed IT sector that is surging 4.26% in isolation, and a rupee-earning, crude-sensitive broader market that is falling across financials, auto, and consumption stocks.<\/p>\n<p>The single defining feature of the stock market today is the Nifty IT index&#8217;s 4.26% surge to 31,125.60, making it the only sectoral gainer in the session. This remarkable divergence, with IT up over 4% while Nifty Bank and Nifty Auto each fall 0.74%, reflects the structural position of Indian IT companies as dollar earners whose margins improve mechanically when the rupee weakens. The same crude oil-driven rupee weakness that is hurting India&#8217;s import-dependent economy is boosting IT margins, creating a natural portfolio hedge within the stock market today.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=stock-market-today-june-2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_Indian_Index_Dashboard\" title=\"Stock Market Today: Indian Index Dashboard\">Stock Market Today: Indian Index Dashboard<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_Global_Index_Dashboard\" title=\"Stock Market Today: Global Index Dashboard\">Stock Market Today: Global Index Dashboard<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Why_the_Stock_Market_Today_Is_Falling_Three_Macro_Headwinds\" title=\"Why the Stock Market Today Is Falling: Three Macro Headwinds\">Why the Stock Market Today Is Falling: Three Macro Headwinds<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Headwind_1_Crude_Oil_Near_95_and_Iran_Escalation\" title=\"Headwind 1: Crude Oil Near $95 and Iran Escalation\">Headwind 1: Crude Oil Near $95 and Iran Escalation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Headwind_2_Sustained_FII_Selling\" title=\"Headwind 2: Sustained FII Selling\">Headwind 2: Sustained FII Selling<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Headwind_3_Below-Normal_Monsoon_Forecast\" title=\"Headwind 3: Below-Normal Monsoon Forecast\">Headwind 3: Below-Normal Monsoon Forecast<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_Nifty_IT_as_the_Sole_Sector_in_Green\" title=\"Stock Market Today: Nifty IT as the Sole Sector in Green\">Stock Market Today: Nifty IT as the Sole Sector in Green<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_Sector-by-Sector_Performance\" title=\"Stock Market Today: Sector-by-Sector Performance\">Stock Market Today: Sector-by-Sector Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_Top_Gainers_on_2_June_2026\" title=\"Stock Market Today: Top Gainers on 2 June 2026\">Stock Market Today: Top Gainers on 2 June 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_Global_Cues_and_Their_India_Impact\" title=\"Stock Market Today: Global Cues and Their India Impact\">Stock Market Today: Global Cues and Their India Impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_Ankit_Jaiswal_of_Univest_Flags_IT_and_Select_Midcaps\" title=\"Stock Market Today: Ankit Jaiswal of Univest Flags IT and Select Midcaps\">Stock Market Today: Ankit Jaiswal of Univest Flags IT and Select Midcaps<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Stock_Market_Today_What_to_Watch_for_the_Rest_of_the_Session\" title=\"Stock Market Today: What to Watch for the Rest of the Session\">Stock Market Today: What to Watch for the Rest of the Session<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Frequently_Asked_Questions_on_Stock_Market_Today\" title=\"Frequently Asked Questions on Stock Market Today\">Frequently Asked Questions on Stock Market Today<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#What_is_the_stock_market_today_doing_on_2_June_2026\" title=\"What is the stock market today doing on 2 June 2026?\">What is the stock market today doing on 2 June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Why_is_the_stock_market_today_falling_despite_Nifty_IT_rising\" title=\"Why is the stock market today falling despite Nifty IT rising?\">Why is the stock market today falling despite Nifty IT rising?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Why_is_Nifty_IT_the_only_green_sector_in_the_stock_market_today\" title=\"Why is Nifty IT the only green sector in the stock market today?\">Why is Nifty IT the only green sector in the stock market today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#What_are_todays_top_stock_market_gainers_on_2_June_2026\" title=\"What are today&#8217;s top stock market gainers on 2 June 2026?\">What are today&#8217;s top stock market gainers on 2 June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#What_is_the_GIFT_Nifty_indicating_for_the_stock_market_today\" title=\"What is the GIFT Nifty indicating for the stock market today?\">What is the GIFT Nifty indicating for the stock market today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Should_I_buy_or_sell_in_the_stock_market_today_given_the_mixed_signals\" title=\"Should I buy or sell in the stock market today given the mixed signals?\">Should I buy or sell in the stock market today given the mixed signals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#What_is_the_impact_of_US-Iran_tensions_on_the_stock_market_today\" title=\"What is the impact of US-Iran tensions on the stock market today?\">What is the impact of US-Iran tensions on the stock market today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#What_happened_in_the_global_stock_market_today_on_2_June_2026\" title=\"What happened in the global stock market today on 2 June 2026?\">What happened in the global stock market today on 2 June 2026?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-today-nifty-sensex-nifty-it-june-2026\/#Also_Read\" title=\"Also Read\">Also Read<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Indian_Index_Dashboard\"><\/span><strong>Stock Market Today: Indian Index Dashboard<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<caption><strong>Indian Market Indices on 2 June 2026<\/strong><\/caption>\n<thead>\n<tr>\n<th>Index<\/th>\n<th>Price<\/th>\n<th>Change<\/th>\n<th>% Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">NIFTY 50<\/a><\/td>\n<td>23,295.00<\/td>\n<td style=\"color: red;\">-87.60<\/td>\n<td style=\"color: red;\">-0.37%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">SENSEX<\/a><\/td>\n<td>74,051.13<\/td>\n<td style=\"color: red;\">-216.21<\/td>\n<td style=\"color: red;\">-0.29%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/nifty-bank\/nifty-bank-share-price-today\">NIFTY BANK<\/a><\/td>\n<td>53,246.85<\/td>\n<td style=\"color: red;\">-396.25<\/td>\n<td style=\"color: red;\">-0.74%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/niftyit\/nifty-it-share-price-today\">NIFTY IT<\/a><\/td>\n<td>31,125.60<\/td>\n<td style=\"color: green;\">+1,271.35<\/td>\n<td style=\"color: green;\">+4.26%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/nifty-auto\/nifty-auto-share-price-today\">NIFTY Auto<\/a><\/td>\n<td>25,699.55<\/td>\n<td style=\"color: red;\">-192.35<\/td>\n<td style=\"color: red;\">-0.74%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">3 Stocks Building Serious Momentum Right Now<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">When <strong style=\"color: #0a0a23;\">Univest analysts<\/strong> identify high-conviction stock opportunities, <em>investors pay attention.<\/em><\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Our research team has now shortlisted the <strong style=\"color: #0a0a23;\">Top Stocks to Buy<\/strong> based on current market momentum, sector trends &amp; growth potential for 2026.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Discover stocks investors are actively accumulating<\/li>\n<li>High-conviction opportunities backed by research<\/li>\n<li>Designed for the next phase of market growth<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Unlock the latest <strong style=\"color: #3b7fff;\">Top Stock Picks<\/strong> now on Univest<\/p>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=stock-market-today-june-2-2026\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Global_Index_Dashboard\"><\/span><strong>Stock Market Today: Global Index Dashboard<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<caption><strong>Global Market Indices on 2 June 2026<\/strong><\/caption>\n<thead>\n<tr>\n<th>Index<\/th>\n<th>Price<\/th>\n<th>Change<\/th>\n<th>% Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>GIFT NIFTY (Jun 02)<\/td>\n<td>23,337.50<\/td>\n<td style=\"color: red;\">-104.00<\/td>\n<td style=\"color: red;\">-0.44%<\/td>\n<\/tr>\n<tr>\n<td>Dow Jones Futures (Jun 02)<\/td>\n<td>50,912.00<\/td>\n<td style=\"color: red;\">-166.88<\/td>\n<td style=\"color: red;\">-0.33%<\/td>\n<\/tr>\n<tr>\n<td>Nikkei 225 (Jun 02)<\/td>\n<td>66,581.00<\/td>\n<td style=\"color: red;\">-353.33<\/td>\n<td style=\"color: red;\">-0.53%<\/td>\n<\/tr>\n<tr>\n<td>Hang Seng (Jun 02)<\/td>\n<td>25,852.00<\/td>\n<td style=\"color: green;\">+453.82<\/td>\n<td style=\"color: green;\">+1.79%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_Stock_Market_Today_Is_Falling_Three_Macro_Headwinds\"><\/span><strong>Why the Stock Market Today Is Falling: Three Macro Headwinds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Headwind_1_Crude_Oil_Near_95_and_Iran_Escalation\"><\/span><strong>Headwind 1: Crude Oil Near $95 and Iran Escalation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock market today is under its most significant macro pressure from Brent crude oil near $95 per barrel, a level reached after Iran suspended diplomatic communications with Washington and threatened to fully close both the Strait of Hormuz and the Bab el-Mandeb Strait. These threats sent crude oil surging over 5% on June 1, erasing the optimism that had been building around a potential US-Iran memorandum of understanding. At $95 per barrel, India&#8217;s annual crude import bill rises to approximately Rs 12-13 lakh crore, widening the trade deficit, compressing oil marketing company margins, and raising transportation and logistics costs across the economy. This crude-driven cost pressure is flowing through to the stock market today via Nifty Bank (credit risk from higher corporate costs), Nifty Auto (suppressed vehicle demand as fuel costs rise), and Nifty FMCG (packaging and logistics cost inflation).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Headwind_2_Sustained_FII_Selling\"><\/span><strong>Headwind 2: Sustained FII Selling<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock market today continues to absorb FII selling pressure that has been a consistent feature since late May 2026. Foreign institutional investors are reducing India exposure across three dimensions: geopolitical risk premium from the US-Iran conflict raising global risk-off sentiment; crude oil import dependence making India a direct casualty of Middle East instability; and the rupee&#8217;s weakness reducing the INR-hedged returns that foreign investors earn on Indian equity holdings. FII selling in the cash equity segment has been a persistent drag on index-level performance in the stock market today, keeping the Nifty 50 in negative territory despite strong domestic institutional buying in IT stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Headwind_3_Below-Normal_Monsoon_Forecast\"><\/span><strong>Headwind 3: Below-Normal Monsoon Forecast<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The IMD&#8217;s forecast of a below-normal monsoon in 2026 at approximately 90% of the long-period average (LPA) is the third structural headwind weighing on the stock market today. A below-normal monsoon reduces agricultural output, compresses rural household income and consumption, and creates demand for additional government subsidy support that complicates fiscal management. For the stock market today, the monsoon concern is most directly felt in Nifty Auto (rural two-wheeler and tractor demand), Nifty FMCG (rural consumption volumes), and Nifty Bank (agricultural loan quality and rural credit demand). The monsoon headline is also contributing to the broader risk-off sentiment that is amplifying FII selling.<\/p>\n<p><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live stock prices and sector performance today.<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Nifty_IT_as_the_Sole_Sector_in_Green\"><\/span><strong>Stock Market Today: Nifty IT as the Sole Sector in Green<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Nifty IT index&#8217;s 4.26% surge to 31,125.60 is the most remarkable feature of the stock market today, representing the second consecutive session of strong outperformance for Indian IT stocks against a deeply negative broader market. The catalyst is the US enterprise software earnings cycle: Salesforce&#8217;s Q1 FY27 results showed EPS growing 50% year-on-year with Agentforce AI crossing 23,000 enterprise customers from 3,000 just 15 months ago. Snowflake delivered 34% product revenue growth with net revenue retention of 126%. Workday delivered 13.5% revenue growth. TCS&#8217;s Mistral AI partnership added a company-specific catalyst. Together, these results confirmed that enterprise AI implementation spending is at an inflection point, creating measurable demand for the Indian IT companies that serve as the services delivery layer for global enterprises deploying AI platforms.<\/p>\n<p>In today&#8217;s stock market, TCS has gained 5.90% to Rs 2,433.00, Infosys is up 5.31% to Rs 1,266.30, Mphasis has advanced 3.22% to Rs 2,385.00, and the broader Nifty IT index has broken above the 31,000 level that had served as resistance. At 31,125, the Nifty IT index has now gained over 9% in two sessions, representing one of the fastest two-day recoveries for the sector in the current year. Despite this move, most Nifty IT stocks remain 15-40% below their 52-week highs, confirming that the rally is recovery rather than overextension.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Sector-by-Sector_Performance\"><\/span><strong>Stock Market Today: Sector-by-Sector Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Sector Index<\/th>\n<th>June 2 Level<\/th>\n<th>Change<\/th>\n<th>Direction<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/niftyit\/nifty-it-share-price-today\">Nifty IT<\/a><\/td>\n<td>31,125.60<\/td>\n<td style=\"color: green;\">+1,271.35 (+4.26%)<\/td>\n<td style=\"color: green;\">Bullish (only green sector)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/nifty-bank\/nifty-bank-share-price-today\">Nifty Bank<\/a><\/td>\n<td>53,246.85<\/td>\n<td style=\"color: red;\">-396.25 (-0.74%)<\/td>\n<td style=\"color: red;\">Under pressure<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/nifty-auto\/nifty-auto-share-price-today\">Nifty Auto<\/a><\/td>\n<td>25,699.55<\/td>\n<td style=\"color: red;\">-192.35 (-0.74%)<\/td>\n<td style=\"color: red;\">Crude + monsoon headwind<\/td>\n<\/tr>\n<tr>\n<td><a href=\"_wp_link_placeholder\" data-wplink-edit=\"true\">Nifty 50<\/a><\/td>\n<td>23,295.00<\/td>\n<td style=\"color: red;\">-87.60 (-0.37%)<\/td>\n<td style=\"color: red;\">Broad market negative<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Top_Gainers_on_2_June_2026\"><\/span><strong>Stock Market Today: Top Gainers on 2 June 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Stock<\/th>\n<th>June 2 CMP<\/th>\n<th>Gain<\/th>\n<th>Catalyst<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/jsll\/jeena-sikho-lifecare-ltd-share-price-today\">Jeena Sikho Lifecare<\/a><\/td>\n<td>Rs 553.70<\/td>\n<td style=\"color: green;\">+12.49%<\/td>\n<td>Healthcare sector buying<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/newgen\/newgen-software-technologies-ltd-share-price-today\">Newgen Software<\/a><\/td>\n<td>Rs 482.50<\/td>\n<td style=\"color: green;\">+9.29%<\/td>\n<td>US enterprise AI earnings tailwind<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/acmesolar\/acme-solar-holdings-ltd-share-price-today\">Acme Solar Holdings<\/a><\/td>\n<td>Rs 330.40<\/td>\n<td style=\"color: green;\">+7.55%<\/td>\n<td>Renewable energy sector momentum<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/infy\/infosys-ltd-share-price-today\">Infosys<\/a><\/td>\n<td>Rs 1,266.30<\/td>\n<td style=\"color: green;\">+5.31%<\/td>\n<td>Salesforce Agentforce 23,000+ clients<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/tcs\/tata-consultancy-services-ltd-share-price-today\">TCS<\/a><\/td>\n<td>Rs 2,433.00<\/td>\n<td style=\"color: green;\">+5.90%<\/td>\n<td>Mistral AI partnership; US earnings<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/mphasis\/mphasis-ltd-share-price-today\">Mphasis<\/a><\/td>\n<td>Rs 2,385.00<\/td>\n<td style=\"color: green;\">+3.22%<\/td>\n<td>Snowflake NRR 126%; BFSI AI demand<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for live stock market updates, top gainers, and expert research alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Global_Cues_and_Their_India_Impact\"><\/span><strong>Stock Market Today: Global Cues and Their India Impact<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The global stock market today presents a mixed picture that broadly supports the risk-off sentiment in India. GIFT Nifty&#8217;s -0.44% reading at 23,337.50 was consistent with the domestic Nifty&#8217;s opening weakness. Dow Jones Futures are down 0.33% to 50,912.00, reflecting caution in US markets as the Iran geopolitical situation remains unresolved and crude oil stays elevated. Nikkei 225 is down 0.53% to 66,581.00 as Japanese manufacturing stocks face headwinds from rising energy costs and slowing export demand.<\/p>\n<p>The Hang Seng&#8217;s positive performance of +1.79% to 25,852.00 is the only globally positive cue in the stock market today. Hong Kong&#8217;s gain reflects China stimulus optimism and technology sector recovery in the Hong Kong market, which is somewhat insulated from the US-Iran crude oil narrative given China&#8217;s diversified energy sourcing. For the Indian stock market today, the Hang Seng&#8217;s positive divergence from other Asian markets suggests that the global risk-off sentiment is not uniformly negative and that specific catalysts can drive outperformance even within a broadly cautious global environment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_Ankit_Jaiswal_of_Univest_Flags_IT_and_Select_Midcaps\"><\/span><strong>Stock Market Today: Ankit Jaiswal of Univest Flags IT and Select Midcaps<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ankit Jaiswal, Senior Research Analyst at Univest, has flagged the Nifty IT index&#8217;s sustained outperformance for the watchlist in the current stock market today environment. With all 10 Nifty IT constituents posting gains on June 2 and the index now up over 4% in the session, the IT sector is establishing itself as the primary portfolio destination for investors seeking growth exposure in a market where macro headwinds are suppressing broader indices. Ankit Jaiswal notes that the current stock market today bifurcation, IT bullish while broader market cautious, may persist as long as crude oil stays above $90 and the rupee remains weak, given the structural dollar-earnings tailwind for IT companies.<\/p>\n<p>Kunal Singla, Associate Director at Univest, has flagged select mid-cap IT names and renewable energy stocks for the watchlist in today&#8217;s stock market. The mid-cap IT space has shown amplified gains relative to large caps on June 2, with Newgen Software at +9.29%, Birlasoft at +7.28%, and Mastek at +6.77% outperforming the large-cap Nifty IT constituents. In renewable energy, Acme Solar Holdings at +7.55% suggests that the green energy sector is also finding buyers on a day when defensive and growth sectors are diverging from cyclical names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Today_What_to_Watch_for_the_Rest_of_the_Session\"><\/span><strong>Stock Market Today: What to Watch for the Rest of the Session<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For the remainder of today&#8217;s stock market session, three developments are worth monitoring. First, any update on US-Iran diplomatic developments: Trump&#8217;s statement that a Hormuz MoU could be reached within a week means any positive news flow would be a sharp catalyst for crude oil to pull back and the broader stock market today to recover. Second, the direction of FII activity in afternoon trading: if domestic institutional investors continue to absorb FII selling in the IT and quality consumption space, the Nifty 50&#8217;s losses may be contained below the 23,200 support level. Third, the rupee&#8217;s direction against the US dollar: every 50 paisa of rupee depreciation is estimated to add approximately 30-50 basis points to Nifty IT companies&#8217; operating margins, directly amplifying the positive case for IT stocks in the stock market today.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock market today on 2 June 2026 is delivering a sharply divided session: Nifty IT at +4.26% is writing a fundamentally driven recovery story on the back of verified US enterprise AI spending acceleration, while the Nifty 50, Sensex, Nifty Bank, and Nifty Auto are all declining under the combined weight of crude oil near $95, FII selling, and monsoon concerns. The stock market today is not fundamentally broken but rather structurally bifurcated between dollar earners and rupee earners, between AI-exposed growth stocks and macro-sensitive cyclicals. Investors navigating the stock market today would benefit from focusing on the fundamental catalysts driving each sector rather than the index-level noise. This does not constitute investment advice.<\/p>\n<p><em>Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Stock_Market_Today\"><\/span><strong>Frequently Asked Questions on Stock Market Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_stock_market_today_doing_on_2_June_2026\"><\/span><strong>What is the stock market today doing on 2 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The the market today on 2 June 2026 is broadly negative, with the Nifty 50 trading at 23,295.00 (down 87.60 points or 0.37%) and the Sensex at 74,051.13 (down 216.21 points or 0.29%). Nifty Bank is down 0.74% to 53,246.85. The only bright spot in the today&#8217;s market is Nifty IT, which has surged 4.26% to 31,125.60 as US enterprise software earnings from Salesforce, Snowflake, and Workday validated the global enterprise AI spending cycle. Among global indices, Hang Seng is up 1.79% while GIFT Nifty, Dow Jones Futures, and Nikkei 225 are all trading lower.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_the_stock_market_today_falling_despite_Nifty_IT_rising\"><\/span><strong>Why is the stock market today falling despite Nifty IT rising?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The the Indian market is falling due to three concurrent macro headwinds. First, Brent crude oil is near $95 per barrel after Iran suspended communications with Washington and threatened to close both the Strait of Hormuz and the Bab el-Mandeb Strait, raising global supply disruption fears and keeping the Indian rupee under pressure. Second, FII selling has continued as elevated crude oil, geopolitical uncertainty, and below-normal monsoon concerns prompt foreign institutional investors to reduce India exposure. Third, the IMD forecast of a below-normal monsoon at approximately 90% of long-period average raises concerns about rural consumption demand and agricultural sector performance. Nifty IT is rising independently because its revenue is in US dollars and it benefits from the weak rupee.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Nifty_IT_the_only_green_sector_in_the_stock_market_today\"><\/span><strong>Why is Nifty IT the only green sector in the stock market today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nifty IT is the only green sector in the market conditions today at +4.26% to 31,125.60 because of the US enterprise software earnings catalyst that confirmed accelerating global enterprise AI and cloud spending. Salesforce reported Q1 FY27 EPS growing 50% year-on-year with Agentforce AI crossing 23,000 enterprise customers. Snowflake delivered 34% product revenue growth with 126% net revenue retention. TCS announced a Mistral AI partnership. Indian IT companies earn the majority of their revenue in US dollars, making them structural beneficiaries of the weak rupee triggered by the same crude oil and geopolitical headwinds that are hurting the rest of the market action today.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_todays_top_stock_market_gainers_on_2_June_2026\"><\/span><strong>What are today&#8217;s top stock market gainers on 2 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The top stock market gainers today include Jeena Sikho Lifecare (+12.49% to Rs 553.70), Newgen Software Technologies (+9.29% to Rs 482.50), Acme Solar Holdings (+7.55% to Rs 330.40), Birlasoft (+7.28% to Rs 351.65), Mastek (+6.77% to Rs 1,761.70), Hexaware Technologies (+6.66% to Rs 548.45), TCS (+5.90% to Rs 2,433.00), and Infosys (+5.31% to Rs 1,266.30). Six of the top ten stock market gainers today are from the IT sector, reflecting the Nifty IT index&#8217;s 4.26% surge as the dominant market theme.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_GIFT_Nifty_indicating_for_the_stock_market_today\"><\/span><strong>What is the GIFT Nifty indicating for the stock market today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> GIFT Nifty (June 02) is trading at 23,337.50, down 104 points or 0.44%, which is broadly in line with the domestic Nifty 50&#8217;s decline of 0.37% to 23,295.00. GIFT Nifty is a futures contract traded in GIFT City that serves as an early indicator of where the domestic Nifty 50 is likely to open. The GIFT Nifty&#8217;s negative reading today is consistent with the broader global risk-off sentiment reflected in Dow Jones Futures (-0.33%) and Nikkei 225 (-0.53%), though the Hang Seng&#8217;s positive performance of +1.79% suggests that Asian markets are showing some differentiation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_or_sell_in_the_stock_market_today_given_the_mixed_signals\"><\/span><strong>Should I buy or sell in the stock market today given the mixed signals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The today&#8217;s session presents a bifurcated picture: IT sector stocks with strong fundamental catalysts from US enterprise AI earnings are rising, while broader market headwinds from crude oil, FII selling, and monsoon concerns are pulling down financials, auto, and FMCG stocks. Whether to buy or sell in the current market depends on your investment thesis and time horizon. IT stocks trading 15-40% below their 52-week highs offer a case for medium-term accumulation. Sectors sensitive to crude oil, rural demand, and FII flows face near-term headwinds. Always consult a SEBI-registered financial advisor before making investment decisions. This does not constitute investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_impact_of_US-Iran_tensions_on_the_stock_market_today\"><\/span><strong>What is the impact of US-Iran tensions on the stock market today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The US-Iran geopolitical situation is the dominant macro driver of the the broader market. Iran suspended communications with Washington and threatened to close both the Strait of Hormuz and the Bab el-Mandeb Strait, sending Brent crude oil near $95 per barrel. For the Indian market performance today, the implications are: a wider trade deficit as India imports approximately 85% of its crude requirements; a weaker rupee as crude import demand increases dollar outflows; higher retail fuel prices compressing consumer discretionary spending; and broader FII selling as geopolitical risk reduces appetite for emerging market equities. The only positive from elevated crude oil for the the session today is the mechanical rupee tailwind for IT stocks, which earn in dollars.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happened_in_the_global_stock_market_today_on_2_June_2026\"><\/span><strong>What happened in the global stock market today on 2 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the global the market today on 2 June 2026, most major indices are trading lower. Dow Jones Futures are down 0.33% to 50,912.00, reflecting caution from the elevated crude oil environment and US-Iran uncertainty. Nikkei 225 is down 0.53% to 66,581.00 as Japanese export companies face currency headwinds. GIFT Nifty is down 0.44% to 23,337.50 in line with domestic weakness. The Hang Seng is the outlier with a 1.79% gain to 25,852.00, driven by China stimulus optimism and technology sector recovery in Hong Kong. The broad global today&#8217;s market reflects risk-off sentiment from the US-Iran conflict&#8217;s impact on energy prices.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the stock market today doing on 2 June 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock market today on 2 June 2026 is broadly negative, with the Nifty 50 trading at 23,295.00 (down 87.60 points or 0.37%) and the Sensex at 74,051.13 (down 216.21 points or 0.29%). Nifty Bank is down 0.74% to 53,246.85. The only bright spot in the stock market today is Nifty IT, which has surged 4.26% to 31,125.60 as US enterprise software earnings from Salesforce, Snowflake, and Workday validated the global enterprise AI spending cycle. Among global indices, Hang Seng is up 1.79% while GIFT Nifty, Dow Jones Futures, and Nikkei 225 are all trading lower.\"}},{\"@type\":\"Question\",\"name\":\"Why is the stock market today falling despite Nifty IT rising?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock market today is falling due to three concurrent macro headwinds. First, Brent crude oil is near $95 per barrel after Iran suspended communications with Washington and threatened to close both the Strait of Hormuz and the Bab el-Mandeb Strait, raising global supply disruption fears and keeping the Indian rupee under pressure. Second, FII selling has continued as elevated crude oil, geopolitical uncertainty, and below-normal monsoon concerns prompt foreign institutional investors to reduce India exposure. Third, the IMD forecast of a below-normal monsoon at approximately 90% of long-period average raises concerns about rural consumption demand and agricultural sector performance. Nifty IT is rising independently because its revenue is in US dollars and it benefits from the weak rupee.\"}},{\"@type\":\"Question\",\"name\":\"Why is Nifty IT the only green sector in the stock market today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nifty IT is the only green sector in the stock market today at +4.26% to 31,125.60 because of the US enterprise software earnings catalyst that confirmed accelerating global enterprise AI and cloud spending. Salesforce reported Q1 FY27 EPS growing 50% year-on-year with Agentforce AI crossing 23,000 enterprise customers. Snowflake delivered 34% product revenue growth with 126% net revenue retention. TCS announced a Mistral AI partnership. Indian IT companies earn the majority of their revenue in US dollars, making them structural beneficiaries of the weak rupee triggered by the same crude oil and geopolitical headwinds that are hurting the rest of the stock market today.\"}},{\"@type\":\"Question\",\"name\":\"What are today's top stock market gainers on 2 June 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The top stock market gainers today include Jeena Sikho Lifecare (+12.49% to Rs 553.70), Newgen Software Technologies (+9.29% to Rs 482.50), Acme Solar Holdings (+7.55% to Rs 330.40), Birlasoft (+7.28% to Rs 351.65), Mastek (+6.77% to Rs 1,761.70), Hexaware Technologies (+6.66% to Rs 548.45), TCS (+5.90% to Rs 2,433.00), and Infosys (+5.31% to Rs 1,266.30). Six of the top ten stock market gainers today are from the IT sector, reflecting the Nifty IT index's 4.26% surge as the dominant market theme.\"}},{\"@type\":\"Question\",\"name\":\"What is the GIFT Nifty indicating for the stock market today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"GIFT Nifty (June 02) is trading at 23,337.50, down 104 points or 0.44%, which is broadly in line with the domestic Nifty 50's decline of 0.37% to 23,295.00. GIFT Nifty is a futures contract traded in GIFT City that serves as an early indicator of where the domestic Nifty 50 is likely to open. The GIFT Nifty's negative reading today is consistent with the broader global risk-off sentiment reflected in Dow Jones Futures (-0.33%) and Nikkei 225 (-0.53%), though the Hang Seng's positive performance of +1.79% suggests that Asian markets are showing some differentiation.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy or sell in the stock market today given the mixed signals?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock market today presents a bifurcated picture: IT sector stocks with strong fundamental catalysts from US enterprise AI earnings are rising, while broader market headwinds from crude oil, FII selling, and monsoon concerns are pulling down financials, auto, and FMCG stocks. Whether to buy or sell in the stock market today depends on your investment thesis and time horizon. IT stocks trading 15-40% below their 52-week highs offer a case for medium-term accumulation. Sectors sensitive to crude oil, rural demand, and FII flows face near-term headwinds. Always consult a SEBI-registered financial advisor before making investment decisions. This does not constitute investment advice.\"}},{\"@type\":\"Question\",\"name\":\"What is the impact of US-Iran tensions on the stock market today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The US-Iran geopolitical situation is the dominant macro driver of the stock market today. Iran suspended communications with Washington and threatened to close both the Strait of Hormuz and the Bab el-Mandeb Strait, sending Brent crude oil near $95 per barrel. For the Indian stock market today, the implications are: a wider trade deficit as India imports approximately 85% of its crude requirements; a weaker rupee as crude import demand increases dollar outflows; higher retail fuel prices compressing consumer discretionary spending; and broader FII selling as geopolitical risk reduces appetite for emerging market equities. The only positive from elevated crude oil for the stock market today is the mechanical rupee tailwind for IT stocks, which earn in dollars.\"}},{\"@type\":\"Question\",\"name\":\"What happened in the global stock market today on 2 June 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the global stock market today on 2 June 2026, most major indices are trading lower. Dow Jones Futures are down 0.33% to 50,912.00, reflecting caution from the elevated crude oil environment and US-Iran uncertainty. Nikkei 225 is down 0.53% to 66,581.00 as Japanese export companies face currency headwinds. GIFT Nifty is down 0.44% to 23,337.50 in line with domestic weakness. The Hang Seng is the outlier with a 1.79% gain to 25,852.00, driven by China stimulus optimism and technology sector recovery in Hong Kong. The broad global stock market today reflects risk-off sentiment from the US-Iran conflict's impact on energy prices.\"}}]}<\/script><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Also_Read\"><\/span><strong>Also Read<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><a href=\"https:\/\/univest.in\/blogs\/nifty-it-index-surges-june-2-2026-all-10-stocks-rally\">Nifty IT Index Surges 4.26% on 2 June 2026: All 10 Stocks Rise as US AI Spending Validates Indian IT<\/a><\/li>\n<li><a href=\"https:\/\/univest.in\/blogs\/top-10-bullish-stocks-today-june-2-2026\">Top 10 Bullish Stocks Today: Jeena Sikho +12.49%, Newgen +9.29%, TCS +5.90%<\/a><\/li>\n<li><a href=\"https:\/\/univest.in\/blogs\/crude-oil-price-today-brent-95-iran-hormuz-bab-el-mandeb-june-2026\">Crude Oil Price Today: Brent Near $95 as Iran Threatens Hormuz and Bab el-Mandeb Closure<\/a><\/li>\n<li><a href=\"https:\/\/univest.in\/blogs\/gold-rate-today-mcx-rises-iran-hormuz-june-2-2026\">Gold Rate Today MCX Climbs Above Rs 1.59 Lakh on Iran Escalation<\/a><\/li>\n<li><a href=\"https:\/\/univest.in\/blogs\/stocks-to-watch-today-02062026\">Stocks to Watch Today: Ankit Jaiswal of Univest Flags TechM, Airtel, Persistent<\/a><\/li>\n<li><a href=\"https:\/\/univest.in\/blogs\/top-10-stocks-to-buy-today-02062026\">Top 10 Stocks to Buy Today 2 June 2026<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Stock market today: Nifty 50 at 23,295.00 (-0.37%), Sensex 74,051.13 (-0.29%), Nifty Bank -0.74% to 53,246.85. Only Nifty IT in green at 31,125.60 (+4.26%). US-Iran crude at $95. Top gainers: Jeena Sikho +12.49%, Newgen +9.29%, TCS +5.90%. Global: Hang Seng +1.79%, Dow Futures -0.33%. Full stock market today analysis on Univest.<\/p>\n","protected":false},"author":34,"featured_media":103738,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1210],"class_list":["post-103736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-stock-market-today"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1780379767:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["81"],"rank_math_title":["Stock Market Today: Nifty 50 Down 0.37%, Sensex Falls, Nifty IT Surges 4.26%"],"rank_math_description":["Stock market today: Nifty 50 at 23,295 (-0.37%), Sensex 74,051 (-0.29%), Nifty Bank -0.74%. Only Nifty IT green at +4.26%. US-Iran crude oil impact, top gainers, global markets. Full update on Univest."],"rank_math_focus_keyword":["Stock Market 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