Today: 3 June 2026
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NSE:PERSISTENT 14 May 2026

India Stock Market Today: Sensex Jumps 1,000 Points, But Rupee’s Record Low Tests the Rally

India Stock Market Today: Sensex Jumps 1,000 Points, But Rupee’s Record Low Tests the Rally

Sensex jumped over 1,000 points intraday and Nifty 50 crossed 23,750 as Indian shares rebounded after a four-session slide. The rupee hit a record low of 95.9575 per dollar amid high oil prices and continued foreign outflows. IT stocks fell, while pharma, banks, and heavyweights led gains. Brent crude traded above $106 a barrel.

Stock Market Today

  • CrowdStrike Eyes AI-Driven Growth in Cybersecurity Amid High Valuation
    June 3, 2026, 4:53 PM EDT. CrowdStrike CEO George Kurtz highlights AI revolution as a massive growth driver, emphasizing cybersecurity needs across GPUs, AI agents, and prompts. Despite a 23% revenue growth in fiscal 2026 Q4, the company's growth rate has slowed from a 5-year CAGR of 40.6% to 29% over three years. CrowdStrike's market cap of $160 billion signals expectations for continued revenue and margin expansion. The firm targets $6.49 billion in annual recurring revenue by fiscal 2027, reflecting industry-wide AI adoption and growing cybersecurity demands. This positions CrowdStrike as a key player in the evolving AI security landscape, though its lofty valuation requires sustained growth to justify. Nvidia's forecast of $1 trillion AI chip sales through 2027 underscores expanding AI infrastructure, boosting cybersecurity sector prospects.

Latest articles

POET Stock Jumps Again as AI-Optics Trade Heats Up, Legal Risk Lingers

POET Stock Jumps Again as AI-Optics Trade Heats Up, Legal Risk Lingers

3 June 2026
POET Technologies shares soared 12% to $15.47 after heavy trading, rebounding from April’s collapse tied to a canceled Marvell-linked order, as investors weighed a new $50 million Lumilens deal, a $400 million capital raise, and ongoing class action litigation alleging misleading statements about tax status and confidentiality breaches.
Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

3 June 2026
Meta shares jumped 4.2% to $622.80 after unveiling an AI business agent for WhatsApp, Messenger, and Instagram, signaling potential new paid products as Meta ramps up AI spending to $125–$145 billion for 2026; investors await evidence these tools can generate real revenue before costs climb further.
Sandisk Hits Record High on AI Memory Demand

Sandisk Hits Record High on AI Memory Demand

3 June 2026
Sandisk soared 8% to a record $1,861.00 as investors piled into AI storage stocks despite a falling market, after Morgan Stanley warned surging memory prices are spreading beyond data centers and Sandisk reported Q3 revenue up 97% with data-center sales up 233%, forecasting up to $8.25 billion Q4 revenue and $33 per share earnings.
U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

3 June 2026
U.S. stocks fell from record highs as renewed U.S.-Iran fighting pushed oil prices up and revived inflation fears, with the Dow dropping 581.84 points and the S&P 500 losing 0.74%; traders now price in over a 40% chance of a Fed rate hike by December, up from 9.1% a month ago, as rising yields and Middle East risks threaten margins and delay Fed easing.
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Drops 582 Points as Oil Trades Near $100

3 June 2026
The Dow plunged 581.84 points, or 1.13%, to 50,725.95 as renewed Middle East tensions sent oil prices surging and Treasury yields climbing, prompting a broad market selloff that hit IBM and Salesforce hardest, while AI chip stocks stayed resilient.
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