First Trade:Sensex opens 247 points lower, Nifty hovers above 24,670; Apollo Hospitals up over 2%

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Indian equities in Monday's trade (June 2, 2025) amid mixed global cues opened lower Markets will likely cheer the domestic GDP data, nonetheless, the recent tariff hike announcement will restrain a breakout rally. 

At the open, Nifty opened with a cut of 76 points or 0.31 per cent at 24,674, while the BSE 30-share Sensex opened weak by 247 points or 0.3 per cent at 81,203.81.

Stocks in focus:

Apollo Hospitals:  The hospital major reported March quarter results with revenue growing over 13 per cent, while profit increased 54 per cent on-year.

Nykaa:

Asian markets

Most Asian stocks in early trade were beat amid escalating tensions between the US and China as President Donald Trump accused Beijing of violating the terms of the recent trade deal, which was rebuked by Beijing.

Market sentiment was also jeopardized after Trump hiked steel and aluminum import tariffs, which left investors on the edge amid concerns over the likely US policy.

The key MSCI Asia ex Japan index traded with a cut of over 1 per cent at around 9:12 am.

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