📊 Market Summary – 3 June 2026 $HDFCBANK $TCS

📊 Market Summary – 3 June 2026 Indian markets traded with a cautious bias as investors remained focused on rising crude oil prices, Middle East geopolitical tensions, FII selling, and the upcoming RBI policy outcome. Elevated crude prices and uncertainty around U.S.-Iran developments continued to weigh on sentiment. 🔹 Key Market Drivers • Rising crude oil prices due to geopolitical tensions in the Gulf region. • Continued FII outflows creating pressure on benchmark indices. • RBI Monetary Policy meeting remains a major near-term trigger. • Domestic institutions continue to provide support through buying. 🔹 Sector View ✅ IT stocks remain relatively strong after the sharp rebound seen in the previous session. ✅ Select infrastructure, energy transition and industrial stocks are witnessing stock-specific action. ⚠️ Oil-sensitive sectors may remain under pressure if crude prices stay elevated. 🔹 What Traders Should Watch • RBI policy commentary and growth outlook. • Crude oil movement near $97/barrel. • FII flow trend. • Global market reaction to geopolitical developments. 📈 Market Outlook The market is likely to remain range-bound with stock-specific action. While domestic liquidity is supporting declines, higher crude oil prices and foreign selling could keep volatility elevated. A decisive move may emerge after the RBI policy announcement and clarity on global geopolitical developments