The Indian stock market saw a sharp decline on Tuesday, 3 June 2025, amid weak global cues, stretched valuations, and foreign capital outflows. The Nifty 50 fell 0.70% to close at 24,542.50, while the BSE Sensex dropped 0.78% to 80,737.51. If Nifty crosses 24,600, a rebound towards the 20-day SMA at 24,700 is likely. However, private banks led sectoral losses, down 1.25%, while realty and defence stocks bucked the trend, gaining over 1%. Meanwhile, the US Dollar Index rose 0.53% to 99.226, strengthening on the back of weaker gold prices and investor caution ahead of a possible Trump–Xi Jinping call.

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