Stock markets tumble in early trade; Sensex tanks 700 points
Stock markets experienced a significant decline in early trade, with the Sensex dropping nearly 700 points. This downturn is attributed to uncertainties surrounding US-Iran negotiations and rising crude oil prices. Investor sentiment remains cautious amid ongoing foreign fund outflows and geopolitical tensions.
- ▪The BSE Sensex fell by 699.74 points to 73,959.48 in early trade.
- ▪Foreign Institutional Investors offloaded equities worth ₹8,362.92 crore on Tuesday.
- ▪Brent crude prices increased by 0.89% to $96.85 per barrel amid escalating tensions in West Asia.
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Equity benchmark indices Sensex and Nifty tumbled in early trade on Wednesday (June 3, 2026) amid uncertainty over US–Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.Also read | Stock markets decline in early trade as U.S.–Iran talks face repeated setbacksThe 30-share BSE Sensex tanked 699.74 points to 73,959.48 in early trade. The 50-share NSE Nifty dropped 177.40 points to 23,302.50.Among the 30-Sensex firms, Tata Consultancy Services, Tech Mahindra, Infosys, HCL Tech, ITC, and Eternal were the biggest laggards. Rupee falls 28 paise to 95.64 against U.S.
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