Indian equity markets have made a negative start and are trading lower with cut of around half percent in early deals on Thursday, tracking weak cues from the global markets. Rising crude oil prices in international market weighed on the domestic sentiments. Oil prices surged after the U.S. launched a fresh round of military strikes against Iran, stoking worries that the Iran war could drag on, disrupting energy supplies for longer. Further, weakness also prevailed in markets as foreign institutional investors were net sellers of shares worth Rs 2,124.98 crore June 10, 2026. Besides, depreciation in Indian rupee against dollar weighed down sentiments. Rupee weakened by 39 paise to 95.64 against the dollar in early trade at the Inter-bank Foreign Exchange market. On the BSE sectoral front, traders were seen piling up position only in Healthcare and Utilities, while selling was witnessed in IT, TECK, Telecom, Consumer Disc and Auto.
On the global front, Asian markets were trading mostly in red following a sell-off in the US markets overnight. Back home, in the stock specific development, 3i Infotech surged as the company received purchase order worth Rs 37.05 crore from Hindustan Petroleum Corporation, for providing Facility Management Services (FMS) across HPCL locations for three years.
The BSE Sensex is currently trading at 73576.34, down by 406.84 points or 0.55% after trading in a range of 73518.75 and 73736.71. There were 6 stocks advancing against 24 stocks declining on the index.
The only gaining sectoral indices on the BSE were Healthcare up by 0.30% and Utilities up by 0.03%, while IT down by 2.45%, TECK down by 1.56%, Telecom down by 1.05%, Consumer Disc down by 0.76% and Auto down by 0.71% were the top losing indices on BSE.
The top gainers on the Sensex were Power Grid up by 0.77%, ICICI Bank up by 0.70%, Interglobe Aviation up by 0.36%, Bharti Airtel up by 0.35% and Sun Pharma up by 0.06%. On the flip side, HCL Technologies down by 3.35%, Infosys down by 2.97%, Tech Mahindra down by 2.70%, Trent down by 1.91% and Eternal down by 1.75% were the top losers.
Meanwhile, the Reserve Bank of India (RBI) in its latest data has showed that India's total outward foreign direct investment (FDI) commitments fell by 49.02 per cent month-on-month, dropping to $4.49 billion in May 2026 from $8.84 billion in April 2026. The decline was led by a reduction in overseas equity investments, loans, and guarantees. However, total financial commitments by Indian entities overseas increased 34.6 per cent year-on-year in May 2026 from $3.34 billion recorded in May 2025.
According to the data, equity investments abroad plummeted to $1,247.82 million in May from $3,537.35 million in April, marking a sequential decline of about 64.72%. Overseas loans extended by Indian companies also moderated to $632.12 million in May from $1,299.69 million in April. Guarantees issued, which formed the largest component of overseas commitments, fell to $2,608.83 million in May from $3,999.79 million in the previous month, declining around 35 per cent. However, it increased from $1,122.37 million in May 2025.
Among major overseas equity investments during the month, Indovida India invested $673.2 million, followed by Tata International at $130 million, Arvind Advanced Materials at $58 million, and ONGC Videsh Rovuma at $31.1 million.
The CNX Nifty is currently trading at 23108.45, down by 106.50 points or 0.46% after trading in a range of 23072.05 and 23148.05. There were 14 stocks advancing against 36 stocks declining on the index.
The top gainers on Nifty were ONGC up by 1.31%, Power Grid up by 0.82%, Tata Consumer up by 0.75%, Dr. Reddy's Lab up by 0.69% and ICICI Bank up by 0.67%. On the flip side, HCL Technologies down by 3.21%, Infosys down by 2.97%, Tech Mahindra down by 2.56%, Trent down by 2.07% and TCS down by 1.70% were the top losers.
Asian markets were trading mostly in red; Nikkei 225 slipped 111.27 points or 0.17% to 64,068.00, Taiwan Weighted lost 385.76 points or 0.9% to 42,839.78, Jakarta Composite plunged 40.07 points or 0.68% to 5,862.31, Shanghai Composite weakened 28.99 points or 0.73% to 3,964.24, KOSPI dropped 9.40 points or 0.12% to 7,721.42, Hang Seng declined 281.96 points or 1.17% to 24,126.00. However, Straits Times rose 5.38 points or 0.11% to 4,964.23.
