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Below the Commentary on Markets 3rd June 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital

“The Indian equity market saw a turbulent trading session today as benchmark indices ended on a negative note amidst negative cues from global markets, high crude oil prices, and persistent geopolitical tensions. Equity markets started the trading session on a negative note as GIFT Nifty traded tepidly, and maintained their losing stance throughout the day, due to selling activity in IT stocks and rate sensitive stocks against positive cues from defensive sectors. Investors remained nervous due to risks posed by rising crude oil prices due to rising tensions in West Asia, along with risks emanating from global markets and the risk-averse stance adopted by FIIs. Going ahead, the trend in crude oil prices, geopolitics, foreign institutional investor inflows, and macroeconomic data are key factors.”

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