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EQUITY MARKET

By: Naresh Sharma | Date : Jun 3, 26

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 02nd June 2026

CategoryNet Value
DII+9,589.32Cr
FII/FPI-8,362.92Cr
INDIA VIX16.18(+5.34%)

As of 10:20 (IST)

NSE ADVANCE/DECLINE:

ADVANCE931
DECLINE 2025

As of 10:17 (IST)

POST MARKET BRIEF:

Nifty 5023405.6(-0.33%)Nifty Bank54185.95(0.88%)
Sensex74346.17(-0.41%)India Vix16.28(6.01%)
Nifty50 GainersNifty50 Losers
APOLLOHOSP2.59%TCS-8.25%
TMPV2.00%TECHM-6.45%
INDIGO1.88%HCLTECH-5.31%
MAXHEALTH1.72%INFY-3.96%
SBIN1.55%WIPRO-2.83%

NIFTY INDEX DAILY REPORT

Nifty 50 experienced a volatile session, starting the day in the red at 23,415.95 and plunging to an intraday low of 23,151.50 before partially recovering in afternoon trade to finish at 23,405.60. The index closed down by 0.33%, from its previous daily close of 23,483.55. This downturn was triggered by global macro headwinds, including rising Brent crude prices, which climbed above $100 per barrel due to fresh US-Iran geopolitical tensions, and a weakening Indian Rupee nearing 95.2. Domestically, the index faced an intense drag from a nearly 5% crash in the Nifty IT sector, led by steep declines in major tech stocks like TCS, Infosys,  following institutional profit booking and renewed US Federal Reserve rate-hike fears driven by strong US JOLTS job openings data.

Bank Nifty  traded with positive bias and gained 471.30 points to settle the day at the level of 54,185.95. Buying in private and public banking stocks helped offset weakness in the broader market, but  a sharp sell-off in information technology shares continued to weigh on benchmark indices.Most banking stocks moved into the green. Federal Bank led gains among Bank Nifty constituents, rising 2.73%, followed by Union Bank of India, which gained 2.47%. Canara Bank, Punjab National Bank, State Bank of India, Bank of Baroda and ICICI Bank advanced between 1% and 1.4%.But Index is stil facing resistance at 54,300. Only sustained trading above 54,300 would open the gates for further gain towards the level of 54760-54,800.

Nifty IT index experienced a severe crash of 5.557% to settle around 29,384.45 and abruptly snapping a robust three-day gaining streak. This reversal effectively erased most of the previous session’s massive 4.26% surge,  triggered by heavy institutional profit-booking and unfavorable global macroeconomic data. Freshly released US JOLTS job openings data showed unexpectedly high strength, reinforcing fears that the US Federal Reserve will maintain a higher interest rate stance, a major negative for high-growth tech sectors. The sell-off was broad-based and dragged down every major index heavyweight; Tech Mahindra closed down by 6.31% and TCS by 8.39%, while HCL Technologies tumbled over 5% and Infosys by over 3%, making technology the worst-performing sector of the day and the primary anchor on the broader benchmark indices.

NIFTY DAILY CHART

Nifty traded with subdued momentum and failed to sustain the 24,500 level. Thus, index is looking below the mark of 23,500. Thus the index may further plunge towards the level of 23,300-23,270.Only if the index rises above the mark of 23,500, we could see the index surging towards the mark of 23,800.

INDICESCLOSING%CHANGESUPPORTRESISTANCE
NIFTY23,405.60-0.33%23,00023,800
BANK NIFTY54,185.950.88%5320054380
SECTORIAL INDICES
NIFTY IT29,384.45-5.57%29,00031,940
NIFTY PHARMA24,086.600.33%24,00025,000
NIFTY AUTO26,092.800.05%25,48527,100
NIFTY REALTY762.6-1.39%730800
NIFTY ENERGY40,196.850.02%40,00042,590
NIFTY FMCG48,123.95-1.01%48,14049,000

Equity Market Technical Analysis Snapshot: Jun 03rd, 2026

NIFTY50:

Nifty declined -0.33%, opening at 23,415.95 and witnessing a highly volatile session. The index came under heavy selling pressure during the first half, hitting an intraday low of 23,151.50, where strong buying interest emerged. A sharp recovery followed, pushing the index close to the day’s highs before it settled at 23,405.60. Despite the rebound, the trend remains sideways to bearish as Nifty continues to trade below its 200DMA, 30DMA, and 11DMA, indicating that the broader structure remains weak. The RSI at 41.41 suggests subdued momentum, though the recovery from lower levels indicates buyers are defending key support zones. Immediate resistance is placed at 23,650-23,850, while support lies at 23,250-23,000. A sustained move above 23,650 could improve sentiment, whereas a break below 23,250 may trigger fresh selling pressure. 

BANKNIFTY:

Bank Nifty gained +0.88%, opening at 53,541.10 and initially witnessing selling pressure that dragged the index to an intraday low of 53,027.15. Buyers then stepped in aggressively, leading to a strong recovery of over 1,250 points from the lows. The index crossed above the 11DMA, hit an intraday high of 54,299.35, and eventually closed strong at 54,185.95. While the trend remains sideways to bearish, the sharp recovery indicates improving short-term momentum. Bank Nifty continues to trade below its 200DMA and 30DMA, though it has reclaimed the 11-DMA. The RSI at 47.57 has improved notably and is approaching neutral territory. Immediate resistance is placed at 54,350-54,650, while support is seen at 54,000-53,450. A breakout above 54,350 could extend the recovery, while a fall below 54,000 may weaken sentiment again. 

INDICESSUPPORTRESISTANCETREND
NIFTY502300023850Sideways to Bearish
BANK NIFTY5345054650Sideways to Bearish

NIFTY MID SELECT:

Nifty Mid Select (Midcap Nifty) slipped -0.64%, opening at 14,216 slightly above the 30DMA, but persistent selling pressure pushed the index to an intraday low of 13,959.50, causing it to break below the 30DMA. However, buyers emerged near the lower support zone, helping the index recover and close at 14,149.05. The broader trend remains sideways to bullish, though the short-term structure has weakened as the index now trades below its 11DMA and 30DMA, while remaining above the 200DMA. The RSI at 49.45 has slipped below the neutral mark, signaling weakening momentum. Immediate resistance is placed at 14,400-14,550, while support is seen at 14,050-13,900. A decisive break below 13,900 could shift the trend from bullish to bearish, whereas reclaiming 14,400 would improve the outlook. 

NIFTY IT:

Nifty IT witnessed a sharp correction of -5.57%, opening gap-down at 30,563.20 and extending its decline throughout the session. As anticipated from yesterday’s caution regarding a potential pullback, the index faced heavy profit booking and slipped to an intraday low of 29,301, before closing at 29,384.45. The trend has shifted to sideways, and the coming sessions will be crucial to determine whether buyers return at lower levels. Despite the sharp decline, the index remains above its 11DMA and 30DMA, though it continues to trade below the 200DMA. The RSI at 50.08 remains near neutral, suggesting momentum has cooled significantly after the recent rally. Immediate support is placed at 28,800-28,400, while resistance is seen at 30,400-31,050. Holding above 28,800 could attract fresh buying interest, while a move above 30,400 would be needed to revive bullish momentum. 

INDICESSUPPORTRESISTANCETREND
NIFTY MID CAP SELECT1390014550Sideways to Bullish
NIFTY IT2840031050Sideways 

Pivot Table:

PRODUCTS3S2S1PIVOTR1R2R3
NIFTY5022910230312321823339235262364723834
BANKNIFTY52103525655337653837546485511055920
FINNIFTY24157243442465024837251432533025636
MIDCPNIFTY13736138481399814110142611437314524
NIFTYNXT5068272687016927969708702867071671293

Disclaimer:

Investment in securities markets is subject to market risks. Please read all related documents carefully before investing. (Our SEBI Reg. No. INH000010335)

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FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 03rd June 2026

CategoryNet Value
DII+5,740.89Cr
FII/FPI-5,616.56Cr

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