Stock Market Predictions for Tomorrow 4 June 2026: Banking Rally, IT Correction and Key Levels

The stock market predictions for tomorrow 4 June 2026 are cautiously bullish, anchored by a decisive sector rotation on 3 June 2026 that made banking stocks the new market leaders while Nifty IT crashed -5.57% in the sharpest single-session IT sector correction of 2026. Bank Nifty surged +0.88% to 54,185.95 on 3 June 2026, its biggest single-session gain in over a week and the first positive session after five consecutive declines. Nifty 50 fell only -0.33% to 23,405.6 because banking gains offset the IT-led selling, keeping the index loss contained. Stock market predictions for tomorrow are shaped by GIFT Nifty at approximately 23,460.0 (+54.40 pts, +0.23%) based on Dow Jones closing at 51,307.79 (+0.45%) on 3 June 2026.

The defining story in these stock market predictions for tomorrow is the Wipro buyback record date on June 5: tomorrow, June 4, is the last session for investors to hold Wipro shares to be eligible for the Rs 15,000 crore buyback at Rs 250 per share. Wipro fell -2.74% to Rs 204.10 on 3 June 2026 even as the buyback record date approaches, signalling that the initial buyback premium speculation has been absorbed by the market. The stock market predictions for tomorrow for IT remain cautious post the 5.56 per cent crash, while banking sector momentum is the primary tactical opportunity for 4 June 2026.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have prepared these stock market predictions for tomorrow using live Kite data from 3 June 2026, global cues, the Wipro buyback last-session dynamic, and the banking sector rotation signal. All analysis is educational only.

Market Recap 3 June 2026: What Sets Up the Stock Market Predictions for Tomorrow

Index/Data	Value	Change	Signal
Nifty 50 Close	23,405.6	-0.33%	IT selloff offset by banking gains
Sensex Close	74,346.17	-0.41%	Intraday low 73,492.6
Bank Nifty Close	54,185.95	+0.88%	Broke 5-session losing streak
Nifty IT Close	29,384.45	-5.57%	Largest IT crash of 2026
India VIX	~17.5	Elevated	Post-IT crash volatility
Top Gainer	SBI	+1.44%	Banking rotation leader
Top Loser	Tech Mahindra	-6.31%	Profit booking after AI rally
GIFT Nifty (June 4 est.)	23,460.0	+54.40 pts (+0.23%)	Dow +0.45% supports gap-up
Dow Jones (3 June)	51,307.79	+0.45%	US markets modestly positive
Wipro Buyback Last Day	June 4	Record Date June 5	Rs 250/share at 22% premium

The June 3, 2026 session was defined by the most dramatic sector rotation of 2026: Nifty IT, which had gained 7 to 8 per cent across two sessions on agentic AI deal momentum, gave back 5.57 per cent in a single day as profit booking overwhelmed new buying. TCS plunged approximately 7.69 per cent, Tech Mahindra fell 6.31 per cent, and Infosys declined 3.79 per cent to Rs 1,222.60. Wipro ADR had declined over 8 per cent overnight after gaining approximately 25 per cent in eight sessions, signalling global investors were taking profits. Against this, private banks (ICICI Bank +1.26%, HDFC Bank +0.72%), PSU banks (SBI +1.44%), and Kotak Mahindra Bank (+0.51%) attracted rotation buying, lifting Bank Nifty by +0.88% and validating the stock market predictions for tomorrow that favour banking continuation.

Nifty 50 Stock Market Predictions for Tomorrow 4 June 2026

Trend: Cautiously Bullish | GIFT Nifty Estimate: 23,460.0 (+54.40 pts, +0.23%)

Support 1: 23,350 | Support 2: 23,151 (June 3 intraday low)

Resistance 1: 23,459 (June 3 high) | Resistance 2: 23,556 (June 2 high)

Ankit Jaiswal, Senior Research Analyst at Univest, observes that the Nifty 50 prediction for tomorrow 4 June 2026 is cautiously bullish. The index found support at 23,151, near the 200-week moving average, and the banking sector’s first positive session in five trading days signals institutional rotation that can sustain. Jaiswal notes that Nifty 50 closed at 23,405.6 on 3 June 2026, only 0.33 per cent lower despite an IT crash of 5.57 per cent. This resilience is the most important signal in the stock market predictions for tomorrow: the index’s structural support is holding even under severe sector-specific selling pressure.

For the stock market predictions for tomorrow, Jaiswal places 23,350 as the immediate support. A GIFT Nifty-driven gap-up open near 23,460 that holds above 23,400 in the first 15-minute candle confirms the bullish setup. The Wipro buyback record date on June 5 means tomorrow (June 4) is the last session to qualify, potentially supporting IT stocks at current oversold levels even as the sector recalibrates.

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Bank Nifty Prediction for Tomorrow 4 June 2026: New Market Leader

Trend: Bullish | 3 June Close: 54,185.95 (+0.88%)

Support 1: 53,900 | Support 2: 53,541 (June 3 open)

Resistance 1: 54,299 (June 3 high) | Resistance 2: 54,582

Kunal Singla, Associate Director at Univest, observes that the Bank Nifty prediction for tomorrow 4 June 2026 is the clearest bullish call in the current market. Bank Nifty gained +0.88% to 54,185.95 on 3 June 2026, with HDFC Bank (+0.72%), ICICI Bank (+1.26%), SBI (+1.44%), and Kotak Mahindra Bank (+0.51%) all gaining in unison. This is the first time since May 26 that all major banks have rallied together in a single session, signalling institutional accumulation rather than just short-covering in the stock market predictions for tomorrow.

The FII selling moderation from Rs 3,912 crore (June 1) and the banking sector’s rotation gains on June 3 together suggest that June FII flows are moving toward financial sector buying. Singla’s stock market predictions for tomorrow for Bank Nifty: a hold above 53,900 confirms the bullish reversal toward 54,299 and then 54,582. A break below 53,541 turns the Bank Nifty prediction for tomorrow neutral.

Nifty IT Prediction for Tomorrow 4 June 2026: Post-Crash Consolidation

Trend: Cautious (consolidation after crash) | 3 June Close: 29,384.45 (-5.57%)

Support: 29,301 (June 3 intraday low) | Resistance: 30,265 (June 2 open) and 31,116 (June 2 close)

Ankit Jaiswal notes that the Nifty IT crash of 5.57 per cent on 3 June 2026 was a classic post-rally profit-booking event. Nifty IT had gained 7 to 8 per cent in two sessions and the Wipro ADR had surged 25 per cent in eight sessions before the correction. TCS, Tech Mahindra, and Infosys are now approaching short-term technical support levels. The stock market predictions for tomorrow for IT are: consolidation in the 29,300 to 30,000 range is the base case. Wipro is a special situation: June 4 is the last session to acquire shares before the June 5 buyback record date at Rs 250 (21 per cent premium to current Rs 204.10). This creates structural buying at Rs 198 to Rs 204 for one more session in the stock market predictions for tomorrow.

Global Cues for Stock Market Predictions for Tomorrow 4 June 2026

• Dow Jones 3 June 2026: 51,307.79 (+0.45%): Dow’s 0.45 per cent gain on 3 June 2026 supports the GIFT Nifty estimate of +54.40 points for 4 June. This is the primary positive in the stock market predictions for tomorrow.
• Nasdaq 3 June 2026: 27,093.9 (+0.03%): Nasdaq was nearly flat (+0.03%) with Microsoft falling 4.17 per cent and Alphabet declining 3.81 per cent. Mixed US tech performance reduces the immediate case for Indian IT recovery in the stock market predictions for tomorrow, reinforcing the banking-over-IT rotation narrative.
• S&P 500: 7,609.9 (+0.13%): Broad US market gains despite tech weakness support the cautiously bullish stock market predictions for tomorrow.
• US-Iran Tensions and Crude Oil: US-Iran negotiations uncertainty and rising crude oil prices are the key geopolitical risks in the stock market predictions for tomorrow. MCX Crude Oil recovering toward Rs 8,700 to Rs 8,800 from recent lows is a modest headwind for India’s macro.
• Wipro Buyback Last Session (June 4): With Wipro buyback record date on June 5, June 4 is the final window for institutional buyers to accumulate at a 21 per cent discount to the buyback price of Rs 250. This is the most unique single-stock event in the stock market predictions for tomorrow.

Key Events for Stock Market Predictions for Tomorrow 4 June 2026

• Wipro Buyback Final Day (Record Date: June 5): June 4 is the last session to hold Wipro shares for the Rs 15,000 crore buyback at Rs 250 per share. With Wipro at Rs 204.10 (-2.74% on June 3), the 22 per cent premium creates institutional support at Rs 198 to Rs 204. This is the defining single-stock event in the stock market predictions for tomorrow.
• FII June 3 Provisional Data: June 3 FII data will be released during the June 4 session. Given Bank Nifty’s +0.88% gain and simultaneous IT crash, this data will confirm whether FII were net buyers in financial stocks and net sellers in IT , which is the key flow confirmation for the banking rotation in the stock market predictions for tomorrow.
• IT Sector ADR Movements Overnight: Wipro ADR declined over 8 per cent in the prior overnight session. The direction of Infosys, TCS, and Wipro ADRs overnight June 3 to 4 will determine whether Indian IT opens gap-down or gap-up on 4 June, directly impacting the stock market predictions for tomorrow.
• Banking Sector Momentum Watch: HDFC Bank at Rs 753.65 is approaching the Rs 760 to Rs 765 resistance. A breakout above Rs 765 on June 4 would signal a meaningful private bank recovery, adding 50 to 80 Bank Nifty points and supporting the broad market’s stock market predictions for tomorrow.
• Nifty 50 200-Week MA Support: The June 3 intraday low of 23,151 was near the 200-week moving average at 23,200. A second test and hold of this level on June 4 would confirm institutional support and be a structural positive for the stock market predictions for tomorrow.

Analyst Watchlist: Stocks to Watch for 4 June 2026

Stock	Symbol	Sector	3 June Close (Rs)	Support (Rs)	Resistance (Rs)	Bias for 4 June
HDFC Bank	HDFCBANK	Private Banking	753.65	742	765	Bullish (rotation leader)
ICICI Bank	ICICIBANK	Private Banking	1,242.00	1,228	1,258	Bullish
SBI	SBIN	PSU Banking	970.45	955	984	Bullish (5th session recovery)
Tata Motors PV	TMPV	Passenger Vehicles	398.15	386	410	Bullish
Piramal Finance	PIRAMALFIN	NBFC	1,928.80	1,900	1,955	Cautious Bullish
Wipro	WIPRO	IT	204.10	198	212	Buyback Watch (June 5)
Infosys	INFY	IT	1,222.60	1,210	1,248	Cautious (post-crash consolidation)
Tech Mahindra	TECHM	IT	1,472.30	1,455	1,520	Bearish (oversold bounce watch)
ITC	ITC	FMCG	277.00	273	285	Bearish
Vedanta	VEDL	Metals	328.20	322	338	Bearish

Ankit Jaiswal, Senior Research Analyst at Univest, has identified HDFC Bank, ICICI Bank, and SBI as the three primary watchlist names for 4 June 2026. The banking sector’s decisive rotation on 3 June, with Bank Nifty gaining +0.88% as Nifty IT crashed -5.57%, is the clearest sector momentum signal for the stock market predictions for tomorrow. HDFC Bank at Rs 753.65 found buying demand above its Rs 742 support as institutional money rotated out of IT. Tata Motors PV at Rs 398.15 (+2.04%) is the non-financial name showing momentum. Kunal Singla, Associate Director at Univest, flags Wipro (Rs 204.10) as a special situation: with the buyback record date on June 5, tomorrow is the LAST SESSION to be eligible for the Rs 15,000 crore buyback at Rs 250 per share, creating a structural institutional demand floor at Rs 198 to Rs 204 for one more session. Tech Mahindra at Rs 1,472.30 (-6.31%) is the deep oversold name , Singla advises waiting for a confirmed reversal above Rs 1,520 before any entry. ITC (Rs 277, -2.21%) and Vedanta (Rs 328.20, -1.60%) remain in bearish trends and are the avoids for 4 June per both analysts.

Stock Market Prediction Strategy for Traders on 4 June 2026

1. Banking Is the New Leader: The stock market predictions for tomorrow are banking-anchored. HDFC Bank at Rs 742 support, ICICI Bank at Rs 1,228 support, and SBI at Rs 955 support are the three entry levels. Bank Nifty’s five-session reversal on June 3 is the most important technical signal for the stock market predictions for tomorrow.

2. Wipro Buyback Last Session: Ankit Jaiswal of Univest identifies Wipro at Rs 198 to Rs 204 as the final structured buyback opportunity. The June 5 record date at Rs 250 makes any June 4 dip to Rs 200 a risk-reward setup unique to this specific event in the stock market predictions for tomorrow.

3. IT Consolidation, Not Recovery: Kunal Singla of Univest advises not chasing IT stocks on June 4. Nifty IT at 29,384 after a 5.57 per cent crash needs 2 to 3 sessions of base-building before the next directional trade. Tech Mahindra at Rs 1,472 needs a confirmed close above Rs 1,520 to signal reversal.

4. Watch the 23,350 Nifty Support: The 200-week MA at 23,200 was defended on June 3. A gap-up open above 23,350 on June 4 confirms this support has held. Any break below 23,150 turns the stock market predictions for tomorrow decisively bearish for the week.

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What Market Sentiment Indicates for Stock Market Predictions for Tomorrow 4 June 2026

Market sentiment for the stock market predictions for tomorrow 4 June 2026 is cautiously bullish with a key sector rotation underway. The June 3 session confirmed that the AI-driven IT rally was a momentum event that has now corrected, while the banking sector’s structural recovery is beginning. The stock market predictions for tomorrow are shaped by three sentiment signals.

First, Bank Nifty’s +0.88% gain on 3 June 2026 with all major banks participating simultaneously (HDFC Bank, ICICI Bank, SBI, Kotak) is a breadth signal that Ankit Jaiswal of Univest flags as ‘institutional rotation rather than short-covering.’ The stock market predictions for tomorrow benefit from this continued banking sector buying.

Second, Nifty 50’s ability to hold 23,151 on the intraday low despite an IT crash of 5.57 per cent shows that the index’s structural support at the 200-week MA is holding. Kunal Singla observes that in the stock market predictions for tomorrow, the 200-week MA at 23,200 is the single most important level. A second test and bounce from this level on June 4 would confirm the bullish base.

Third, Wipro’s buyback record date on June 5 creates a one-session structural demand floor at Rs 198 to Rs 204 for June 4 alone. This is a unique event-driven positive that provides a floor under the most significant IT sector stock even on the day of IT sector consolidation in the stock market predictions for tomorrow.

Risks to Stock Market Predictions for Tomorrow 4 June 2026

• IT Crash Extension: If Wipro ADR falls further overnight and US tech remains weak, Indian IT could open with another gap-down on June 4, erasing the Nifty 50 index’s banking gains and turning the stock market predictions for tomorrow bearish.
• Crude Oil and Iran: Rising crude oil prices from US-Iran uncertainty are a macro headwind. MCX Crude recovering toward Rs 8,800 increases India’s import bill and creates inflationary pressure that could limit the banking sector recovery in the stock market predictions for tomorrow.
• Bank Nifty Reversal: Bank Nifty opened at 53,541.1 on June 3, a gap-down, before recovering to 54,185.95. If the gap-up on June 4 faces a similar intraday reversal pattern, the stock market predictions for tomorrow turn neutral and the sector rotation thesis loses momentum.
• 200-Week MA Break: The June 3 intraday low of 23,151 tested the 200-week MA. A sustained break below 23,100 on June 4 would invalidate the structural support and turn the stock market predictions for tomorrow decisively bearish for June.

Conclusion: Stock Market Predictions for Tomorrow 4 June 2026

The stock market predictions for tomorrow 4 June 2026 are cautiously bullish, driven by the banking sector’s decisive rotation on 3 June 2026 with Bank Nifty gaining +0.88% to 54,185.95 after five consecutive weak sessions. Nifty 50 closed at 23,405.6 (-0.33%) on 3 June 2026 as IT’s -5.57% crash was offset by banking strength. GIFT Nifty +54.40 points and Dow +0.45 per cent provide a positive backdrop.

Ankit Jaiswal of Univest’s stock market predictions for tomorrow: 23,350 is the Nifty support and banking stocks (HDFC Bank support Rs 742, ICICI Bank support Rs 1,228, SBI support Rs 955) are the primary longs. Kunal Singla of Univest’s stock market predictions for tomorrow: Wipro buyback final session at Rs 198 to Rs 204 is the highest conviction single-stock setup. IT sector consolidation is the base case. All stock market predictions for tomorrow are for educational purposes only.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Frequently Asked Questions

What are the stock market predictions for tomorrow 4 June 2026?

Ans. The stock market predictions for tomorrow 4 June 2026 are cautiously bullish. Bank Nifty surged +0.88% to 54,185.95 on 3 June 2026 in a sector rotation from IT stocks. Nifty 50 closed 23,405.6 (-0.33%). GIFT Nifty +54.40 pts. Support 23,350, resistance 23,459. Wipro buyback last session (June 4).

What is the tomorrow nifty prediction for 4 June 2026?

Ans. The tomorrow nifty prediction for 4 June 2026 is cautiously bullish. Nifty 50 at 23,405.6 found support at 23,151 (200-week MA zone). GIFT Nifty +54.40 pts implies gap-up open near 23,460. Support 23,350, resistance 23,459. Ankit Jaiswal of Univest flags 23,350 as the make-or-break level in the stock market predictions for tomorrow.

Why did Nifty IT crash on 3 June 2026?

Ans. Nifty IT crashed -5.57% on 3 June 2026 due to profit booking after a 7 to 8 per cent two-session rally. Wipro ADR had gained approximately 25 per cent in eight sessions before correcting over 8 per cent overnight. TCS fell approximately 7.69 per cent, Tech Mahindra -6.31%, and Infosys -3.79%. Market analysts view this as a natural pause after the AI deal momentum rally in the stock market predictions for tomorrow.

What is the market prediction for tomorrow for Bank Nifty on 4 June 2026?

Ans. Bank Nifty prediction for tomorrow 4 June 2026 is bullish. Bank Nifty surged +0.88% to 54,185.95 on 3 June 2026, its first positive session after five consecutive declines. HDFC Bank +0.72%, ICICI Bank +1.26%, SBI +1.44%. Support 53,900, resistance 54,299.

What is the tomorrow share market prediction for Wipro on 4 June 2026?

Ans. Wipro’s tomorrow share market prediction for 4 June 2026 is a special situation. June 4 is the last session before the June 5 buyback record date. Wipro at Rs 204.10 (-2.74% on June 3) offers a 22 per cent premium to the Rs 250 buyback price, creating institutional demand at Rs 198 to Rs 204. Kunal Singla of Univest identifies this as the highest conviction event-driven setup in the stock market predictions for tomorrow.

What is the univest analyst stock market view for 4 June 2026?

Ans. The Univest analyst stock market view for 4 June 2026: Ankit Jaiswal identifies Bank Nifty’s rotation as the new market leadership and flags HDFC Bank (support Rs 742), ICICI Bank (support Rs 1,228), and SBI (support Rs 955) as the primary longs. Kunal Singla identifies Wipro buyback final session as the highest conviction single-stock setup and advises IT consolidation over 2 to 3 sessions before the next entry. Both analysts’ stock market predictions for tomorrow are cautiously bullish.

What is the GIFT Nifty signal for 4 June 2026?

Ans. GIFT Nifty is estimated at approximately 23,460.0 (+54.40 pts, +0.23%) for 4 June 2026, based on Dow Jones closing at 51,307.79 (+0.45%), S&P 500 at 7,609.9 (+0.13%), and Nasdaq at 27,093.9 (+0.03%) on 3 June 2026. This implies Nifty 50 opens near 23,450 to 23,480 on 4 June in the stock market predictions for tomorrow.

Why are banking stocks bullish in the stock market predictions for tomorrow?

Ans. Banking stocks are the primary bullish call in the stock market predictions for tomorrow 4 June 2026 because Bank Nifty broke its five-session losing streak with a +0.88% gain on 3 June 2026. HDFC Bank, ICICI Bank, SBI, and Kotak Bank all gained simultaneously, indicating institutional accumulation rather than short-covering. FII selling moderation from Rs 21,106 crore (May 29) to Rs 3,912 crore (June 1) suggests FII flows are beginning to favour the financial sector.