Sensex, Nifty Drop Amid Mixed Global Cues; Trent Plunges 9%

Business
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News18•06-01-2026, 15:50
Sensex, Nifty Drop Amid Mixed Global Cues; Trent Plunges 9%
- •Indian benchmark indices Sensex and Nifty50 closed lower on Tuesday, with Sensex down 376 points and Nifty below 26,200.
- •Weakness in oil and gas stocks contributed to the decline, while the Nifty Metal index saw gains.
- •Trent, Reliance Industries, and Tata Motors Passenger Vehicles were among the top losers on both BSE and NSE.
- •Global markets showed mixed trends; Asia-Pacific markets were varied, while US indices ended higher despite geopolitical tensions.
- •US markets shrugged off concerns over a US military strike on Venezuela and the capture of Nicolás Maduro, with Dow Jones hitting a new high.
Why It Matters: Indian markets fell, influenced by oil & gas sector weakness and mixed global cues despite US gains.
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