Sensex Today | Nifty 50 Today | Stock Market LIVE Updates | Opening Bell: Stock Market LIVE Updates: Nifty Slips Below 23,300, Sensex Drops Over 700 Points
✍️ Written by: Priyanka Roshan
Sensex Today | Nifty 50 Today | Stock Market LIVE Updates | Opening Bell: Stock Market LIVE Updates: Nifty Slips Below 23,300, Sensex Drops Over 700 Points
Good morning, readers!
Dalal Street opened Wednesday’s session in the red as investors turned cautious ahead of the RBI MPC meeting. As of 7:40 am IST, the GIFT Nifty was trading with a loss of 12 points, or 0.05%, at 23,480.5. A cautious outlook means that the investors are waiting and watching for the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) to start its meeting.
Nifty 50 broke a four-day losing streak and ended the day on Tuesday with gains of about 0.4% aided by strength in select sectors. Though the overall market sentiment has turned positive, ahead of the RBI policy decision, traders are likely to take selective bets on stocks rather than aggressive ones.
NHPC, Canara Bank, Adani Ports, Restaurant Brands Asia and a few others are likely to be in focus in today’s session.
Follow this stock market live blog for LIVE updates on the stock market throughout the day.
Live Updates
- 14:17 (IST) 03 Jun 2026
RBI MPC Meeting 2026: Home Loans, Car Loans, FDs—What Could Get Cheaper Or Expensive If Repo Rate Changes?
If you have taken out a home loan, are planning to purchase a car or would likely take out a loan in the coming few months, then be watchful of the RBI monetary policy meeting’s outcome on 5 June. The RBI’s monetary policy committee is expected to determine whether the repo rates should remain the same, rise, or ease further after its three-day meeting that started today, June 3. The result of this meet will have a direct impact on all interest rates, including those of home loans, car loans, and personal and business loans. It will also affect earnings...
- 12:35 (IST) 03 Jun 2026
Stock Market LIVE Updates: TCS Shares Crash Over 8%; IT Stocks Under Heavy Selling Pressure
Tata Consultancy Services’ shares fell 8.42% to Rs 2,240.80 on June 3, having hit an intraday low of Rs 2,224.80. The steep fall was part of a broad sell-off in IT stocks as investors weighed the impact of artificial intelligence on the demand for traditional software services, with the Nifty IT index also suffering steep losses.
- 12:33 (IST) 03 Jun 2026
Did RBI Sell $12 Billion Worth Of Gold To Protect Forex Reserves? What Govt Said On Viral Claim
The Indian government has denied reports that the Reserve Bank of India (RBI) sold gold worth almost $12 billion to shore up the country’s foreign exchange reserves. The claim came after a Bloomberg Economics analysis suggested the central bank could have cut its gold reserves due to rising oil prices, capital outflows and geopolitical tensions surrounding the ongoing Iran-US conflict.
Read more here.
- 11:42 (IST) 03 Jun 2026
RBI MPC Meeting Starts Today: Will Rates Be Paused, Cut Or Hiked? Here’s What Economists Expect
RBI MPC Meeting 2026: The RBI MPC meeting begins today as economists expect a repo rate pause. Watch for RBI’s outlook on inflation, crude oil prices, GDP growth and the rupee.
Read more here.
- 10:56 (IST) 03 Jun 2026
Who is Zhang Yiming? TikTok Founder Surpasses Mukesh Ambani To Become Asia’s Second-Richest Billionaire; Check His Net Worth
ByteDance founder Zhang Yiming surpasses Mukesh Ambani to become Asia’s second-richest billionaire with a $92.8 billion fortune, according to the Bloomberg Billionaires Index.
Read more here.
