Markets decline in early trade on foreign fund outflows, global trade concerns
The Hindu
Equity indices decline amid geopolitical uncertainty, foreign fund outflows; market remains volatile, investors advised to buy on dips.
Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday (June 3, 2025) amid uncertainty on the geopolitical and global trade front.
Foreign fund outflows also weighed on investors' sentiments.
The 30-share BSE Sensex declined 194.65 points to 81,179.10 in early trade. The NSE Nifty dipped 62.35 points to 24,654.25.
From the Sensex firms, Adani Ports, Larsen & Toubro, Bajaj Finance, ICICI Bank, Bharti Airtel and Hindustan Unilever were among the biggest laggards.
Eternal, Tata Steel, Mahindra & Mahindra and IndusInd Bank were among the gainers.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,589.47 crore on Monday (June 2, 2025), according to exchange data.
"With a lot of uncertainty in geopolitics, tariffs and trade, the market will continue to remain volatile. Therefore, investors may persist with the strategy of buying on dips," V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.
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