Stock Market Update: Nifty 50 up by 0.27% and Sensex by 0.36%

Indian markets are likely to be unstable today amid negative cues from the Asian markets, elevated crude oil prices, and a monetary policy decision pending by the RBI. The previous session ended trading higher after strong buying sentiment across the sectors.

Global cues

• Asian markets traded lower, and U.S markets traded mixed after the Iran-backed Hezbollah militia rejected a new ceasefire in Lebanon and Israel ​said it would not withdraw troops from Hezbollah.

Gift Nifty

• On June 5, 2026, the GIFT Nifty traded in red, dragged by weak cues from Asian markets and net fund outflows from the domestic market.

Asian Markets

• Asian markets traded in the red amid profit-booking in tech stocks after Broadcom reported weaker earnings.

US & European Markets

• Dow Jones traded higher, led by gains in Healthcare, Financials, and Industrials stocks.
• S&P 500 and Nasdaq traded lower, dragged by losses in semiconductor stocks, amid a brake in the AI-driven rally.

• The United Kingdom’s FTSE traded higher, led by gains in Software and IT stocks.
• The French index, CAC, traded in green, amid gains in Capgemini, Dassault Systèmes, and Eurofins Scientific SE shares.
• The German index, the DAX, closed trading higher, pulled by SAP, Qiagen NV, and Fresenius Medical Care shares.

Commodities

• Crude oil prices traded higher after escalating tensions in the Middle East.
• Precious metals, such as gold and silver, declined amid a rise in crude oil prices.
• Natural gas prices traded lower amid selling pressure after reaching a 16-week high.

Currency Movements

• The dollar index traded lower due to cautious investor sentiment ahead of unemployment data.
• The euro and pound rose against the rupee amid net fund outflows in the Indian market.

Sectors to watch

• Renewable Energy Sector: India's clean energy sector is likely to generate over 44 lakh jobs by 2030, with rooftop solar being the biggest job creator, accounting for nearly 43% of these positions.
• Metals & Mining Sector: The Ministry of Coal floated a request for proposal (RFP) inviting applications for financial incentives under the new Scheme for Promotion of Surface Coal/Lignite Gasification Projects
• Banking Sector: The Reserve Bank of India is conducting an MPC meeting to announce the interest rate decision.

Stocks to watch

• InterGlobe Aviation: InterGlobe Aviation temporarily suspended flights to six international destinations as part of network optimisation.
• Premier Energies: Premier Energies is executing a capex programme of ₹12,500 crore in solar manufacturing and diversifying into adjacent clean‑energy segments, including batteries.
• ACME Solar Holdings: ACME Solar Holdings QIP issue closed with allotment of 10 crore shares at ₹279.50 per share, at a 4.97% discount to the floor price of ₹294.13.
• Aurobindo Pharma: Aurobindo Pharma received final US FDA approval to manufacture and market Tofacitinib tablets, which are used to treat arthritis.

FII and DII Inflows - 4th June 2026

(The above numbers are in ₹ Cr)

• On 4th June, net outflows were ₹86.92 crore, with DIIs as net buyers and FIIs as net sellers, amid negative sentiment among investors due to growing tensions between the U.S and Iran.

Global Events & Updates

• On June 5, India will release GDP growth data.
• Mexico will release Consumer confidence data today.
• The UK will release Halifax House Price Index data today.

Things to look out for

• Retail Sales in the Eurozone rose 1% YoY in April 2026.
• The UK S&P Global Construction PMI dropped to 38.2 in May 2026.