Benchmark indices ended the session in the red but near day's high, sharply off lows on sustained recovery seen in the second half of the session on June 2, shrugging off geopolitical uncertainty and trade deal worries. Nifty 50 managed to close above 24,700 supported by buying in FMCG, PSU bank and realty stocks, however, selling in Metal and IT stocks checked the recovery.
At close, the Sensex was down 77.26 points or 0.09 percent at 81,373.75, and the Nifty was down 34.10 points or 0.14 percent at 24,716.60. Broader indices outperformed the main benchmarks, with the BSE midcap index 0.6 percent higher, and smallcap index gaining 0.4 percent.
Adani Ports, M&M, Eternal, Tata Consumer, Power Grid Corp were among major gainers on the Nifty, while losers included Hero MotoCorp, Tech Mahindra, JSW Steel, HDFC Life, Tata Steel.
Among sectors, PSU Bank and Realty gained 2 percent each, while Consumer Durables, IT and Metal indices down 0.5 percent each, while the Nifty Bank index traded near record high levels.
Asian indices ended lower on June 2 while awaiting key US jobs data and a widely expected cut in European interest rates.
In stock specific action, auto stocks ended mostly lower after May sales data, with Tata Motors, Hero Moto, Bajaj Auto, TVS Motor down between 0.5-2 percent, while M&M higher by nearly 2 percent.
Niva Bupa Health Insurance shares plunged 10 percent after 12 percent equity changed hands in a block trade.
AstraZeneca Pharma shares surged 16 percent after Q4FY25 profit surged 47%, and Genus Power Infrastructures shares gained 6 percent after Q4 consolidated profit jumped 406%.
Yes Bank shares rose 8 percent ahead of Tuesday's board meet to consider fundraising and Mazagon Dock shares declined nearly 3 percent after JPMorgan downgrades to 'underweight'.
Nearly 120 stocks on the BSE tested their 52-week highs, including AstraZeneca Pharma, Indian Bank, Intellect Design, City Union Bank, Max Financial, Bharti Hexacom, CCL Products, Authum Investment, Welspun Corp, GlaxoSmithKline Pharmaceuticals, among others.
Two listings of the day, Schloss Bengalore (The Leela) and Aegis Vopak saw a subdued listing, but ended off lows.
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