<div><div></div><div>Indian equity benchmark indices, the BSE Sensex and Nifty 50, are likely to see a flat to negative start on June 4, tracking subdued signals from the GIFT Nifty, which was trading nearly flat at around 23,328 in early trade.Track the latest updates on GIFT Nifty right here on MoneycontrolIn yet another volatile session, the Indian equities ended lower on June 3, erasing the previous session’s gains, as the Nifty50 slipped below the 23,200 mark intraday amid a spike in crude oil prices and uncertainty surrounding a potential U.S.-Iran peace deal.At close, the Sensex was down 303.67 points or 0.41 percent at 74,346.17, and the Nifty was down 77.95 points or 0.33 percent at 23,405.60.Here is how financial markets across the globe fared overnight:GIFT Nifty (Flat)GIFT Nifty was trading muted at around 23,328, indicating a marginally lower start for the Indian equity markets.Asian Equities (Down)Asian stocks fell alongside US equity-index futures as the AI-fueled rally that powered global equities to record highs lost momentum after a weak forecast from Broadcom Inc.US Equities (Slip)Wall Street stocks pulled back from record highs on Wednesday as ​flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.All three major U.S. ‌stock indexes closed in negative territory, dragged lower by financials and tech, with the small-cap Russell 2000 underperforming its larger-cap counterparts.The Dow Jones Industrial Average fell 620.72 points, or 1.21%, to 50,687.07, the S&amp;P 500 lost 56.06 points, or ​0.74%, to 7,553.72 and the Nasdaq Composite lost ​239.92 points, or 0.89%, to 26,853.98.Dollar Index (Down)The U.S. dollar index, which measures the greenback's strength against a basket of six currencies, held steady at 99.46 after a three-day rally which took the currency to its strongest level since April 7.US Bond Yield (Down)The yield on 10-year Treasuries and 2-year Treasuries declined one basis point each to 4.47% and 4.06%, respectively.Asian Currencies (Mixed)Asian currencies traded mixed in early trade on Thursday. The South Korean Won emerged as the top performer, rising 0.386%, followed by the Japanese Yen (+0.094%), Thai Baht (+0.086%), Singapore Dollar (+0.023%), and Philippine Peso (+0.002%), reflecting modest gains against the US dollar. On the downside, the Indonesian Rupiah was the weakest currency in the region, declining 0.712%. Meanwhile, the Chinese Renminbi (-0.221%), Taiwan Dollar (-0.118%), and Malaysian Ringgit (-0.013%) traded with a negative biasCrude (Up)Oil prices eased on Thursday as Israel and Lebanon's ceasefire agreement boosted hopes for a broader deal to end the U.S.-Israeli war with Iran, while the U.S. House approved a resolution seeking to curb President Donald Trump's war powers.Gold (Gains)Gold prices gained on Thursday, supported by lower crude oil prices and a weaker dollar, as investors assessed renewed expectations for a resolution to the U.S.-Israeli war on Iran.Fund Flow ActionForeign Institutional Investors (FIIs) remained net sellers for the session, offloading equities worth Rs 5,616 crore on June 3. In contrast, Domestic Institutional Investors (DIIs) provided support to the market by purchasing equities worth Rs 5,740 crore, largely offsetting the foreign outflows.Hope you're all set for today's trade. We wish you a profitable day ahead.<section>Disclaimer<div>Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.</div></section></div></div>

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Indian equity indices Sensex and Nifty are expected to open flat to negative on June 4, tracking subdued GIFT Nifty signals. This follows a volatile session where markets slipped due to rising crude oil prices and geopolitical uncertainty. Globally, US stocks pulled back from record highs amid inflation jitters, while Asian equities fell. Oil prices eased on ceasefire hopes, gold gained, and the dollar index held steady. FIIs remained net sellers in India, offset by DDI buying.

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