Stock Market Today: Sensex, Nifty Extend Losses Amid Global Cues

Global markets opened Tuesday’s session on a cautious note as investors remained focused on geopolitical tensions and mixed economic signals. Asian equities traded carefully amid uncertainty over the Middle East ceasefire situation, while renewed optimism surrounding artificial intelligence and technology stocks provided limited support to market sentiment.

Indian stock markets continued their weak momentum on June 1, with benchmark indices closing lower for the fourth consecutive trading session. Investors remained cautious due to ongoing developments in the US-Iran negotiations, rising global uncertainty, and mixed foreign market cues. Market participants also monitored crude oil price movements and foreign institutional investor activity, which added pressure to overall sentiment.

The BSE Sensex declined by 508.40 points or 0.68 per cent to settle at 74,267.34, while the NSE Nifty 50 fell 165.15 points or 0.70 per cent to close at 23,382.60. Selling pressure was witnessed across major sectors during the volatile trading session, with investors preferring a cautious approach ahead of further global developments.

On June 2, Indian equity markets are expected to open on a weak note, tracking subdued global trends and signals from GIFT Nifty, which traded lower around the 23,305 mark in early trade. Analysts believe market volatility may continue in the near term as traders react to international developments, geopolitical risks, and upcoming economic data releases.

Despite short-term market weakness, experts suggest that investors continue focusing on fundamentally strong sectors and maintain a long-term investment perspective amid fluctuating global conditions.