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StockYard ( SEBI RA )

3rd Jun 2025 · SEBI-Registered Analyst

Sensex, Nifty Fall for Third Straight Session; Auto, IT Drag While Metals, Smallcaps Offer Support

On June 3, benchmark indices Sensex and Nifty extended losses for a third day, falling 0.87% and 0.78% respectively, pressured by weakness in auto, banking, and IT stocks. However, gains in metals and resilience in smallcaps helped limit the decline. Market breadth was mixed with 1,704 stocks advancing and 1,740 declining. Analysts cite geopolitical uncertainty and high valuations as reasons for volatility, though strong retail participation is expected to support elevated market levels. A potential 25 bps rate cut in the upcoming RBI policy may benefit rate-sensitive sectors. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor

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