Overview

• Sensex plunged over 700 points to below 80,700; the Nifty slipped past the 24,600 level on Tuesday.
• Foreign institutional investors sold equities worth Rs 2,589.47 crore, extending a three-day streak of net outflows.
• President Trumps decision to raise steel and aluminium tariffs to 50% effective June 4 rattled metal stocks, denting export sentiment.
• Trade talks between Washington and Beijing paused planned tariff hikes temporarily; uncertainty over deal outcomes continues to pressure markets.
• Global oil prices have fluctuated sharply; the US dollar has strengthened, increasing uncertainty before major central bank decisions.