Sensex, Nifty Today: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a weak note on June 2, 2026, amid weak global cues. While the 30-share BSE Sensex fell 410.34 points or 0.55 per cent to start the session at 73,935.83, the Nifty shed 123.15 points to open at 23,282.45. In the last trading session, the Sensex closed at 74,346.17 and the Nifty 50 at 23,405.60. However, the broader indices traded mixed in the opening session. While the BSE Midcap Select Index was up by 15.05 points, the BSE Smallcap Select Index dipped 15.69 points or 0.19 per cent, to trade in red at 8,284.23.
From the Sensex pack, Adani Ports, Asian Paints, Axis Bank, and NTPC were in green with Adani Ports leading the pack by gaining 0.26 per cent in the early trade. On the other hand, HCL Tech, Infosys, Sun Pharma, Bajaj Finserv and Indigo were among the top losers, with HCL Tech the biggest loser, down over 0.99 per cent.
What did Gift Nifty indicate?
Gift Nifty, an early indicator for the Nifty 50, indicated a slow start as it opened with a fall of 30 points at 23,302, compared to the previous close of 23,441.50. Foreign Institutional Investors (FIIs) have continued to maintain a net selling stance, offloading equities worth Rs 5,616.56 crore on June 1. Domestic Institutional Investors (DIIs) remained buyers, purchasing equities worth Rs 5,740.89 crore.
“Foreign Institutional Investors (FIIs) have continued to maintain an aggressive selling stance in recent sessions, with sustained outflows acting as a significant headwind for domestic equities. In contrast, Domestic Institutional Investors (DIIs) have remained consistent buyers, helping absorb a substantial portion of foreign selling pressure and providing an important source of stability for the market,” said Ponmudi R, CEO of Enrich Money.
What’s behind the fall?
Investors have turned cautious with Brent continuing to trade at elevated levels. This has raised concerns about imported inflation, fiscal pressures, and the outlook for the rupee. Adding to the caution is the RBI Monetary Policy Committee meeting, with the policy decision scheduled for tomorrow.ย
“While the consensus expectation remains for rates to be left unchanged, markets are increasingly focused on the RBI’s commentary rather than the rate decision itself. Any indication of concern around inflation, currency stability, or oil prices could reinforce a hawkish stance and keep risk appetite subdued,” said Hariprasad K, SEBI-registered Research Analyst and Founder, Livelong Wealth.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)