PRE MARKET
The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,315 level.
US stock market ended lower on Wednesday, dragged down by financials and tech stocks, amid escalating tensions in the Middle East.
The Dow Jones Industrial Average flat 44.38 points, or 0.9%, to 50,731.45, while the S&P 500 dropped 56.06 points, or 0.74%, to 7,553.72. The Nasdaq Composite closed 239.92 points, or 0.89%, lower at 26,853.98.
Asian markets traded lower on Thursday, following overnight losses on Wall Street, as escalating US-Iran war stoked inflation worries.
Japan’s Nikkei 225 declined 1.4%, while the Topix dropped 0.91%. South Korea’s Kospi plunged 2%, but the Kosdaq rallied over 2%. Hong Kong Hang Seng index futures indicated a lower opening.
STOCKS IN NEWS
BHEL
State-run Bharat Heavy Electricals Ltd (BHEL) announced on Wednesday (June 3) that it has entered into a contract with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise to execute a project within the Dangote Industries Free Zone in Nigeria.
Interglobe Aviation
India’s largest budget airline, IndiGo, announced on Wednesday (June 3) that it has temporarily suspended all flights to and from Kuwait until 12 pm on June 4, 2026, owing to the continued closure of Kuwaiti airspace.
NBCC
State-owned construction firm NBCC India Ltd announced on Wednesday (June 3) that it has secured new work orders valued at approximately ₹83.24 crore, excluding GST, as part of its regular business operations.
Lenskart Solutions
SoftBank has reduced its holding in eyewear retailer Lenskart Solutions through a block deal valued at approximately ₹2,873 crore. According to the exchange data, its affiliate, SVF II Lightbulb
Source: Mint, Moneycontrol.
