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Indian equities in Tuesday's session (June 3, 2025) opened higher amid positive global cues. At the open, Sensex traded higher by 263.37 points or 0.32 per cent at 81,637, while the Nifty50 index was up 79.7 points or 0.32 per cent at 24,796.3. 

Meanwhile, the high beta Bank Nifty index clinched a new all-time high at the open of 56,104. The top contributors to the gains included stocks like HDFC Bank, Federal Bank, AU Bank and IndusInd Bank among others.

Broader markets, on the other hand, gained with the smallcap outperforming their midcap peers.

From the Nifty50 pack, top gainers in early traded included stocks like Eternal, Shriram Finance, Hero MotoCorp, Tata Steel and Eicher Motors, while laggards were Adani Ports, Adani Enterprises, Larsen and Toubro, Bajaj Finance and ICICI Bank.

In broad-based buying, banking and financial services space saw profit booking after Bank Nifty hit a new all-time high in early trade. Metal and consumer durables packs largely led the gains.

Yes Bank: The private sector bank's board meet is schuled to consider fundraising.

Ethos: Ethos, an India-based vertical specialist in luxury watches and accessories, will meet today for considering the rights issue of shares.

Apollo Micro Systems: The company's price band has been changed to 10 per cent from 20 per cent.

Prostarm Info Systems: The company's public issue will list today. During the subsription period from May 27- May 29, the company received total subscription of 96.7 times. 

Akshay Chinchalkar, Head of Research, Axis Securities said, “The nifty ended lower yesterday but not without a near-200 point rebound from the lows. 24462 continues to be protected on the downside, so any break above the 24820-24893 area will embolden bulls further. Talks between President Trump and President Xi Jinping are slated to take place this week, and if they are a success, risk-on sentiment should see a further uptick.”

Most Asian stocks climbed in early trade today with regional technology shares mirroring gain in their US peers. Nevertheless, investors continued to remain on sidelines amid US-China trade tensions and soft economic print. Meanwhile, the MSCI Asia ex Japan index traded 0.4 per cent higher.

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