Archive · 3 Jun 2025
Indian Stock Market Dips: Sensex Plunges 700 Points on Tuesday
Imagine the stock market is like a roller coaster, and on a certain day, it went down quickly.
This happened in India.
Some of the biggest companies, like those in banking and tech, lost value.
There are a few reasons why this happened: more people are getting sick from Covid-19, and people are waiting to hear what the Reserve Bank of India will do.
Also, some news came out about a big company and its possible ties to something overseas.
Investors are considering these changes as they decide what to do with their investments.
The BSE Sensex and NSE Nifty50 experienced a sharp decline during afternoon trading.
Banking, financial, and IT stocks led the market downturn.
Heavyweight stocks such as Bajaj Finserv and HDFC Bank saw declines.
Adani Group company shares fell after reports of alleged links to Iranian LPG shipments.
Factors behind the volatility include rising COVID-19 cases and expectations for the RBI policy meeting.
- Who
- Stock market analysts and investors
- What
- Benchmark stock market indices fell sharply
- When
- June 3, 2025 (during afternoon trading)
- Where
- Indian stock market (BSE Sensex and NSE Nifty50)
- Why
- Rising Covid-19 cases, expectations ahead of the Reserve Bank of India’s monetary policy meeting, and reports linking Adani entities to Iranian LPG shipments.
- Sensex Drop
- 740.82 points
- Nifty50 Drop
- 187.65 points
- Worst Performing Sectors
- Banking, financial, and IT stocks
- Stocks that fell
- Bajaj Finserv, Axis Bank, Bajaj Finance, HDFC Bank, ICICI Bank, TCS
- Expected Policy Rate Cut
- 25 bp
