Closing Bell 4th June: Nifty 50 up by 0.05% and Sensex by 0.02%
Ceasefire signals, a potential FPI tax break, and India's biggest-ever drone order in the pipeline Nifty recovered from a gap-down to close barely positive on June 4.
Team Dhan
|Jun 4, 2026, 04:17 PM
On Thursday, the Indian bourses market closed trading in positive territory with the Nifty 50 opening at 23,282.45, reaching a high of 23,465.30, and closing at 23,416.55, up by 0.05%. Similarly, the BSE Sensex opened at 73,935.83, reached a high of 74,544.24, and ended at 74,360.01, up by 0.02%.
The Indian markets traded in green amid improved investor sentiment following reports that Israel and Lebanon agreed to implement a ceasefire, raising hopes of a broader agreement to end the Iran conflict, and after a report stating that the government plans to remove taxes on foreign portfolio investments in government securities.
Reasons for the positive sentiment
The following are the reasons for the positive sentiment in the stock market:
- Broader buying interest across the sectors.
- A decline in crude oil prices eased inflationary pressures.
- India VIX declined by 1.84% at 15.98, signalling stability in domestic markets.
Major Indices Today
- The benchmark indices, Nifty 50 and Sensex, traded in green, led by gains in ICICI Bank, Eternal, and Titan Company stocks.
- Nifty Next 50 traded higher, pulled by CG Power & Industrial Solutions, Cummins, and TVS Motors.
- Nifty Bank traded in green as investors await the monetary policy decision by the RBI on June 5.
Sectoral Indices Today
- Nifty IT traded in red amid losses in large-cap IT stocks.
- Nifty Auto traded higher, led by gains in automobile stocks after launching flex-fuel vehicles.
- Nifty FMCG traded in the green amid broader market sentiment.
- Nifty Pharma traded in green, led by gains in Aurobindo Pharma after the company launched TheraNym, a major biologics manufacturing plant in Telangana, which will produce biologic medicines for global markets.
- Nifty Oil & Gas traded higher after Petroleum and Natural Gas Minister Hardeep Singh Puri stated that the government is examining a policy to support accelerated, affordable adoption of E85 fuel (85% ethanol blended petrol).
Market Movers Today
- Maruti Suzuki shares rose by 1.5% after the company launched its first flex-fuel version of the Wagon R at an event in New Delhi ahead of World Environment Day.
- Tejas Networks shares rose by 9% due to positive investor sentiment around artificial intelligence-led infrastructure buildout.
- Drone manufacturing shares, namely, Zen Technologies shares, rose by 9% and IdeaForge Technology by 5% after a report by Reuters stating that India is likely to place its largest-ever military drone procurement order, potentially worth more than $2 billion, with domestic manufacturers expected to be key beneficiaries.
- Dixon Technologies shares rose by 2% after the company outlined plans to enter the fast-growing data centre hardware segment through a partnership with a Taiwanese company and announced a new manufacturing facility in Chennai.
Top Gainers
Top Losers
52W High Stocks
52W Low Stocks
High Volume Stocks Today
IPO
- CMR Green Technologies IPO is open today and will close on 5th June. The price band set for the IPO is from ₹182 to ₹192 per share.
Market Announcements
- JBM Auto shares rose by 6% after the company emerged as the top player in India's electric bus segment with a 49% market share in May 2026.
- Hero MotoCorp shares rose by 3% after the company launched the Splendor+ Flex Fuel and HF Deluxe Flex Fuel, which can run on petrol blended with up to 85% ethanol.
