Ruchit Jain of Motilal Oswal suggests Premier Energies, Varun Beverages shares to buy for the short term
Stock market today, June 3 -- Indian equity benchmarks opened sharply lower on Wednesday as investors reacted to renewed geopolitical uncertainty in the Middle East, rising crude oil prices and continued foreign fund outflows.
At 12:01 IST, the Sensex plunged 1,000 points to 73,650.08, while the Nifty 50 fell 300 points to 23,179 . 20.
Market sentiment remained fragile amid uncertainty surrounding ongoing US-Iran negotiations, with escalating tensions keeping energy markets on edge. Brent crude oil, the global benchmark, rose 0.89% to $96.85 per barrel, raising concerns over inflation and India's import bill.
Foreign institutional investors (FIIs) continued to exert pressure on domestic equities, selling shares worth Rs.8,362.92 crore ...
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