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Midday Report- Markets trade flat. Nifty above 24,700
2 Jun 2025, 12:45PM

The benchmark indices recovered from day's low but were trading in red on June 02, 2025, amid concerns over US President Donald Trump's fresh tariffs on steel imports. Among sectors, FMCG, realty and PSU Bank up 0.6-2%, while auto, IT, metal, oil & gas, pharma indices down 0.3-1%. At 12.41 pm, Sensex fell by 0.11% or 89 points to 81,359. The Nifty down by 0.13% or 32 points to 24,720.

Global update-

Asia-Pacific markets mostly lower after Trump says he plans to double steel tariffs to 50%.

Europe stock markets set for negative start to week after Trump doubles steel tariffs.

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Budget 2024 Analysis

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