Indian shares open lower as Iran war, outflows weigh

Brokers trade at their desks inside a stock brokerage firm in Mumbai, India, August 28, 2025. REUTERS
June 2 (Reuters) – Indian shares opened lower on Tuesday as ​persistent anxiety around the war in ‌the Middle East and unprecedented foreign outflows pressured markets.
The Nifty 50 fell 0.66% ​to 23,229.15, while the BSE ​Sensex shed 0.43% to 73,945.20, as ⁠of 9:15 a.m. IST. They ​had dropped 2.7% and 2.9%, respectively, ​in the last four sessions.
Fifteen of the 16 major sectors logged losses. The broader ​small-caps and mid-caps lost 0.5% and ​0.6%, respectively.
Brent crude hovered around $94 per barrel ‌amid ⁠stalled peace talks between the U.S. and Iran to resolve the three-month-old war that has pushed energy prices ​higher, raising ​inflation ⁠concerns.
Foreign investors sold shares worth 39.12 billion rupees ($411.8 million) ​on Monday, provisional data showed. ​They ⁠have offloaded $26.4 billion worth of shares so far in 2026, surpassing 2025’s ⁠record ​annual outflow of $18.91 billion.

Reporting ​by Vivek Kumar M and Bharath Rajeswaran; Editing ​by Ronojoy Mazumdar and Mrigank Dhaniwala

 

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