The benchmark Indian equity indices, Sensex and Nifty 50, are expected to open lower on Tuesday as weak global cues and renewed uncertainty surrounding US-Iran negotiations weigh on investor sentiment.
Global markets traded cautiously as investors monitored developments in the ongoing geopolitical situation between the United States and Iran. Rising crude oil prices and mixed institutional flows are also likely to influence market direction during the session.
On Monday, June 1, 2026, domestic equities ended lower amid profit booking and cautious global sentiment. The NSE Nifty 50 declined 165 points, or 0.70%, to close at 23,382, while the BSE Sensex dropped 508 points, or 0.68%, to settle at 74,267.
Gift Nifty was trading at 23,261.5 as of 7:24 AM IST, down 180 points or 0.77% from its previous close. The index traded between a high of 23,552 and a low of 23,256, indicating a likely weak start for the Indian benchmark indices.
Earlier reports also indicated that Gift Nifty was down around 154 points, reflecting persistent caution among investors ahead of the market opening.
Asian markets opened in negative territory on Tuesday as investors assessed renewed uncertainty surrounding US-Iran peace negotiations.
Japan’s Nikkei 225 opened 0.52% lower, while the Topix index declined 0.98%. South Korea’s Kospi fell 0.32%, and the small-cap Kosdaq dropped 2.5%. Hong Kong’s Hang Seng futures stood at 25,207, below the previous closing level of 25,398.18, indicating a softer opening.
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US equity markets advanced to fresh record highs on Monday, supported by continued optimism surrounding technology stocks.
The S&P 500 gained 0.26% to close at 7,599.96, while the Nasdaq Composite rose 0.42% to finish at 27,086.81. The Dow Jones Industrial Average added 46.42 points, or 0.09%, ending the session at 51,078.88.
Crude oil prices remained firm amid geopolitical concerns in the Middle East.
West Texas Intermediate (WTI) crude futures rose approximately 0.25% to $92.39 per barrel. Brent crude futures gained 0.3% to trade at $95.33 per barrel, while COMEX crude prices advanced 0.23% to $92.37 per barrel.
Foreign Institutional Investors (FIIs) remained net sellers on 01 June 2026, offloading shares worth ₹3,911.68 crore.
Meanwhile, Domestic Institutional Investors (DIIs) provided support to the market by purchasing shares worth ₹5,109.13 crore, according to provisional data available on the NSE.
The US Dollar Index (DXY), which measures the performance of the dollar against a basket of six major currencies, was trading marginally lower at 99.17, down 0.02%.
The Indian rupee appreciated 0.05% against the US dollar and closed at 94.99 on 01 June, reflecting relative stability in the domestic currency market.
Indian markets are likely to begin Tuesday's session on a cautious note as weak Asian markets, geopolitical uncertainty surrounding US-Iran negotiations and higher crude oil prices dampen sentiment. However, supportive domestic institutional flows and strength in global technology stocks may help limit downside pressure during the trading session.
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Published on: Jun 2, 2026, 8:35 AM IST
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