Gold Update: Gold climbed more than 1.5% on Monday to its highest level in more than three months on concerns that U.S.-Chinese trade tensions and Washington's threat of tariffs on Mexico would hurt the global economy.
Market Opens: After hitting record highs in the previous session, it is gap down opening for the Indian indices on June 4 with Nifty around 12,050.
At 09:16 hrs IST, the Sensex is down 132.09 points or 0.33% at 40135.53, and the Nifty down 37.30 points or 0.31% at 12051.20. About 300 shares have advanced, 325 shares declined, and 38 shares are unchanged.
Wipro, Dr Reddy's Lab, Wipro, Indiabulls Housing, PFC, NTPC, L&T, ITC and Titan are some of major gainers on the indices, while losers are TCS, Zee Entertainment, ICICI Bank, Axis Bank HCL Tech, BPCL and HPCL.
Among sectors, except infra and pharma all other indices are trading lower.
Rupee Opens: The Indian rupee opened higher by 11 paise at 69.15 per dollar on Tuesday versus previous close 69.26.
Market at pre-open: Benchmark indices are trading lower in the pre-opening session with Nifty around 12,050 level.
At 09:01 hrs IST, the Sensex is down 79.28 points or 0.20% at 40188.34, and the Nifty down 29.80 points or 0.25% at 12058.70.
Crude Update: Oil prices fell on Tuesday amid a global economic slowdown that is starting to hit oil demand, triggering calls in producer club OPEC for supply cuts to be extended.
Wall Street ends lower: The three major US stock indexes declined on Monday on weaker-than-expected economic data, while shares of Alphabet, Facebook and Amazon.com fell sharply on fears the companies are the targets of US government antitrust regulators, putting pressure on the tech-laden Nasdaq.
SGX Nifty: Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 45.50 points or 0.38 percent. Nifty futures were trading around 12,072.50-level on the Singaporean Exchange.
Asian markets trade higher: Shares in Asia inched higher and safe-haven assets gave up some overnight gains on Tuesday, as investors paused for breath after a volatile Wall Street session, but deeper concerns about growth have capped broader improvements in risk sentiment.
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