NIFTY50, SENSEX: Asian markets, FII activity, crude oil, gold prices, key things to know before market opens on June 2

NSE data showed that the GIFT NIFTY futures were trading 0.83% lower at 23,246 points ahead of the market opening bell on Tuesday, as investors focused on probable losses amid the fund outflows and a lack of positive trigger amongst equities.

The NIFTY50 index closed 0.70% or 165 points lower at 23,382.60 points after Monday’s trading session, compared to 23,547.75 points at the previous market close, according to the exchange data.

While, the SENSEX index closed 0.68% or 508 points lower at 74,267.34 points after the trading session on June 1, compared to 74,775.74 points at the previous market close, as per the data collected from BSE website.

Investors will maintain their focus on any positive or negative developments from the negotiations in West Asia, while also monitoring the oil prices which have increased from their last week levels.

Stock-specific action is expected today based on the corporate developments amid the lack of major positive market moving cues as of the morning hours on June 2.

Key things to know before market opens today

Asian markets today

Stock market investors in Asia were trading amid the mixed sentiment in the market, witnessing positive momentum from the US artificial intelligence cues and the downward pressure from the situation in West Asia.

With focus on Anthropic filing confidentially for an IPO in the United States, and Bank of Japan Governor Kazuo Ueda’s upcoming commentary in Tokyo, investors continue to monitor the geopolitical trends along with specific corporate actions.

MarketWatch data showed that Japan’s Nikkei 225 index was down 0.90% at around 66,308 points and China’s Shanghai Composite was down 0.05% at 4,055 points. While the Hong Kong-based Hang Seng was up 0.54% at 25,541.38 points, and Singapore’s FTSE was up 0.97% at 5,086 points on Tuesday’s market.

US-Iran peace deal update

Latest media reports from CNN showed that US President Donald Trump in a telephone call with Israeli Prime Minister Benjamin Netanyahu, said that the Israeli leader should scale back their plans for military operations in Lebanon, amid the latest attacks on the country.

In an individual post on Truth Social, Trump said, “I had a very good call with Hezbollah, and they agreed that all shooting will stop — That Israel will not attack them, and they will not attack Israel.”

On Monday, Trump further told local media that he thinks an agreement to reopen the Strait of Hormuz while extending the ceasefire deal is reachable “over the next week,” weighing down the hopes of a near-term peace deal with uncertainty amongst investors.

All eyes now remain on any potential positive cues emerging from the ongoing negotiations between the United States and Iran as the conflict is on its 14th week since the beginning on February 28, 2026.

FII activity

NSE data showed that foreign institutional investors (FIIs) sold a total of ₹3,911.68 crore worth of assets across the exchanges in a single day during Monday’s trading session, maintaining their selling streak from emerging markets like India.

While FIIs sold assets, domestic investors continued their buying spree, adding a total of ₹5,109.13 crore support for the benchmark indices on Monday, due to which the NIFTY50 and SENSEX ended with limited losses after a subdued trading session.

Crude oil prices today

Global benchmark, Brent crude oil prices were trading 0.65% lower at $94.35 per barrel (bbl) on Tuesday’s market as of 7:41 am (IST), compared with $95.44 per bbl at the previous commodity market close, as per Investing.com data.

Due to the rising uncertainty over a near-term end to the West Asia conflict, crude oil prices surged to above $97 per bbl levels, trading on the higher side this week amid the lack of positive triggers.

The US-based WTI crude oil prices were also trading 0.59% lower at $91.61 per bbl as of 9:42 am (IST) on June 2, compared with $92.16 per bbl, according to the exchange data.

Gold price today

As of 10:05 pm (ET) in the United States, the New York Mercantile Exchange-based COMEX data showed that the gold prices were trading 0.08% lower at $4,502.60 per ounce on Monday evening, compared to $4,506.30 per ounce at the previous closing.

Gold prices were trading marginally lower due to the reversing trend and the regaining momentum of the US dollar demand in the market. Traders see less potential in precious metals like gold if the US dollar rate is higher in the market, to avoid buying at a higher price for a lesser quantity.

Data collected from the Bloomberg US dollar spot index (DYX) showed that the benchmark greenback was trading 0.01% higher at 99.213 as of 10:05 pm (ET) on Monday evening in the US, compared to the previous market close.

The dollar rate traders higher as investors pull money from emerging markets to shift their investments to the safe-haven currency dollar amid situations of geopolitical uncertainty and risk in the market.

Stocks to watch

Stocks like Ola Electric, Alken Labs, NHPC, Wipro, NMDC, Asian Granito India, Anant Raj, Axis Bank, Lloyds Metals and Energy, and Coal India among others will remain in focus of the stock market investors on June 2 on the backdrop of corporate actions in the specific companies.

Stock specific action is expected in these stocks, while investors continue to monitor the upcoming developments and filings.