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Mkt falls for 3rd session amid global cues, profit booking
The Morning Standard
|June 04, 2025
DOMESTIC equity markets extended their decline for a third straight session on Tuesday, dragged down by broad-based selling pressure and profit booking at elevated levels.
Weak global cues, lingering geopolitical tensions, and currency market volatility fueled by a softening US dollar further dampened investor sentiment.
Despite a positive opening, market sentiment turned weak in the second half. The Nifty 50, after hitting an intraday high of 24,845, settled at 24,542.50, down 174 points or 0.70%, from the previous day's closing. The BSE Sensex mirrored similar trends, closing at 0.78% lower at 80,737.51. The benchmarks have fallen about 1.4% each in the past three sessions.
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