Benchmark indices Sensex and Nifty are expected to open on a cautious note on Tuesday, influenced by a mix of positive global cues, institutional activity, and ongoing concerns surrounding former US President Donald Trump’s tariff policies and US-China trade tensions. As of 8:00 AM, GIFT Nifty futures were trading 17 points higher at 24,843, suggesting a muted start to the session.
On June 2, benchmark indices ended in the red but near day's high, sharply off lows on sustained recovery seen in the second half of the session shrugging off geopolitical uncertainty and trade deal worries.
The 30-share benchmark index ended at 81373.75 down by -77.26 points or by -0.09 % and then NSE Nifty was at 24716.6 down by -34.1 points or by -0.14 %.
On the global front, Asia-Pacific markets edged higher on Tuesday, tracking overnight gains on Wall Street, even as global trade tensions showed signs of worsening.
Last checked, Nikkei was up 0.43 per cent, while Topix and Kospi were flat with a positive bias.
AX200 was up 0.67 per cent. Meanwhile, Australia recorded a Current Account Deficit (CAD) of 14.7 billion Australian dollars in the first quarter of 2025.
In China, the Caixin Manufacturing PMI for May dropped to 48.30, from 50.40 in April of 2025.
South Korean markets were closed for polling day.
On Monday, the S&P 500 rose 0.41 per cent, the Nasdaq Composite climbed 0.67 per cent, and the Dow Jones added 0.08 per cent.
Back home, Top traded Volumes on NSE Nifty – Eternal Ltd. 55690205.00, Tata Steel Ltd. 31365564.00, NTPC Ltd. 29479727.00, State Bank of India 26891575.00, ITC Ltd. 14973380.00,
On NSE, total number of shares traded was 527.09 Crore and total turnover stood at Rs. 107705.36 Crore
On NSE Future and Options, total number of contracts traded in index futures was 155651 with a total turnover of Rs. 28070.75 Crore. Along with this total number of contracts traded in stock futures were 1139019 with a total turnover of Rs. 73123.20 Crore. Total numbers of contracts for index options were 54049773 with a total turnover of Rs. 10028808.50 Crore. and total numbers of contracts for stock options were 5005107 with a total turnover of Rs. 338345.18 Crore.
The FIIs on 02/06/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 51943.47 Crore and gross debt purchased stood at Rs. 1000.63 Crore, while the gross equity sold stood at Rs. 56947.21 Crore and gross debt sold stood at Rs. 7088.81 Crore. Therefore, the net investment of equity and debt reported were Rs. -5003.74 Crore and Rs. -6088.18