Closing Call: IT crashed 5.5%, banks held the line

fuzz FM Markets · Jun 3, 2026 · 4m

Nifty closed down just 0.33% but that hides an 850-point recovery from the lows. IT cratered 5.5%, its worst since February, while banking quietly held the line. The full read on what flipped. Stocks: TCS, SBI, Tech Mahindra. For more, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠askfuzz.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.