Gift Nifty Trades Flat: What to Expect from the Indian Stock Market on June 2?

On Monday, June 02, 2025, Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a flat note, weighed down by weak global cues. Asian markets were trading in the red.

Gift Nifty Today

At 08:16 AM, the Gift Nifty is hovering around the 24,844.5 level, about 7.5 points higher the Gift Nifty futures’ previous close.

Global Market Sentiment

Asia-Pacific markets were trading lower on Monday morning after former US President Donald Trump announced plans to double tariffs on steel imports to 50%, effective Wednesday, during a speech to American steelworkers.

• Nikkei 225 fell 0.89%
• Topix declined 0.65%
• Kospi rose 0.16%, and Kosdaq was flat

Wall Street Overview

Futures linked to major US indices were trading in the red. S&P 500 futures fell 0.3%, Nasdaq-100 futures were also down, and Dow Jones futures dropped 108 points, or 0.3%.

Also Read: GIFT Nifty Hits Record $102.35 Billion Monthly Turnover in May 2025!

Friday Market Recap

On Friday, domestic equity benchmarks ended in the red, with the Nifty 50 slipping below the 24,800 mark. The Sensex dropped 182.01 points (0.22%) to close at 81,451.01, while the Nifty 50 fell 82.90 points (0.33%) to settle at 24,750.70.

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