The SGX Nifty June 2026 futures are presently trading 11.00 points lower, indicating a flat opening for the benchmark index today.

Institutional Flows:

On 02 June 2026, foreign portfolio investors (FPIs) divested shares amounting to Rs 8,362.92 crore, whereas domestic institutional investors (DIIs) recorded net purchases totalling Rs 9,589.32 crore in the Indian equity market, according to provisional data. The FIIs have divested shares amounting to Rs 12,274.60 crore thus far in June (up to 02 June 2026). This follows their cash sales of Rs 55,963.33 crore in May, Rs 70,135.46 crore in April, and Rs 122,540.41 crore in March.

Global Markets:

Asia markets experienced a broad uptick on Wednesday, as investors seemed to overlook the uncertainties surrounding U.S.-Iran negotiations intended to resolve the Middle East conflict. Tensions have intensified between Washington and Tehran, as Secretary of State Marco Rubio stated on Tuesday that Iran has mined “large segments” of the Strait of Hormuz. A White House official was quoted by the media stating that the Pentagon has destroyed numerous mines and over 40 minelaying vessels. The Strait of Hormuz serves as a pivotal maritime corridor, especially for the global energy market, with approximately 20% of the world’s oil supplies transiting through this passage prior to the onset of conflict.

Overnight on Wall Street, the S&P 500 achieved a record close following a new all-time high on Tuesday, as traders kept a close watch on the latest developments between the U.S. and Iran, alongside movements in significant technology companies. The broad-based index advanced 0.13% to conclude at 7,609.78, marking its inaugural close above the 7,600 threshold. Meanwhile, the Dow Jones Industrial Average increased by 228.91 points, or 0.45%, reaching 51,307.79. The latter also experienced an increase, reaching a new all-time intraday high earlier in the session. The Nasdaq Composite recorded a modest increase of 0.03%, concluding at 27,093.90.

Domestic Market:

The headline equity benchmarks concluded the trading session on a positive note on Tuesday, breaking a four-day decline, supported by a decline in crude oil prices and robust performance in IT stocks. Investors maintained their focus on the evolving circumstances related to the U.S.-Iran ceasefire situation. The Nifty experienced a notable rebound from its intraday low of 23,229.15, briefly surpassing the 23,500 threshold during the trading session. Consumer durables and FMCG stocks experienced an upward movement, whereas pharma and healthcare shares faced continued pressure.

However, concerns regarding the monsoon outlook, persistent geopolitical tensions in the Middle East, and the forthcoming RBI monetary policy decision limited the extent of gains. The S&P BSE Sensex increased by 382.50 points, reflecting a rise of 0.52%, reaching a level of 74,649.84. The Nifty 50 index experienced an increase of 100.95 points, reflecting a rise of 0.43%, closing at 23,483.55. In the last four consecutive trading sessions, the Sensex declined by 2.90%, whereas the Nifty experienced a decrease of 2.70%.