The Indian stock market experienced a significant downturn on Tuesday, June 3, 2025, with both benchmark indices closing in the red. The 30-share BSE Sensex concluded the trading session at 80737.51, marking a substantial decrease of 636.24 points. Similarly, the broader NSE Nifty50 index ended the day at 24542.5, down by 174.1 points. This bearish sentiment permeated various sectors, leading to widespread losses across the market.

The overall market breadth was weak, with only 7 stocks in the Nifty50 index managing to end in positive territory, while 43 stocks closed in the red, indicating strong selling pressure. Among the Nifty pack, top gainers included Grasim Industries Ltd. (up 1.13%), Shriram Finance Ltd. (up 0.89%), Mahindra & Mahindra Ltd. (up 0.69%), Bajaj Auto Ltd. (up 0.59%), Cipla Ltd. (up 0.21%), Hindalco Industries Ltd. (up 0.15%), and Dr. Reddy's Laboratories Ltd. (up 0.05%). Conversely, notable losers in the Nifty50 were Adani Ports & Special Economic Zone Ltd. (down 2.44%), Adani Enterprises Ltd. (down 1.91%), Bajaj Finserv Ltd. (down 1.83%), Coal India Ltd. (down 1.72%), Power Grid Corporation of India Ltd. (down 1.64%), Bajaj Finance Ltd. (down 1.53%), SBI Life Insurance Company Ltd. (down 1.51%), Apollo Hospitals Enterprise Ltd. (down 1.49%), IndusInd Bank Ltd. (down 1.46%), and Eternal Ltd. (down 1.46%).

Several sectors witnessed declines. The mining sector saw most of its constituents close lower. Notable gainers in this space were Lexus Granito (India) Ltd. (up 16.27%), followed by KIOCL Ltd. (up 5.58%), Madhav Marbles & Granites Ltd. (up 1.60%), and Gujarat Mineral Development Corporation Ltd. (up 1.01%). However, these gains were overshadowed by losses in other mining stocks such as Ashapura Minechem Ltd. (down 5.00%), Pokarna Ltd. (down 2.76%), Sandur Manganese & Iron Ores Ltd. (down 2.73%), and Coal India Ltd. (down 1.72%). Other losers included MOIL Ltd. (down 1.50%), Aro Granite Industries Ltd. (down 1.34%), The Orissa Minerals Development Company Ltd. (down 1.30%), 20 Microns Ltd. (down 1.06%), Oriental Trimex Ltd. (down 0.52%), and NMDC Ltd. (down 0.12%).

The Nifty Auto index also reflected the negative market sentiment, closing 0.25% down at 23268.7. Within the auto pack, Bharat Forge Ltd. (up 1.08%), Mahindra & Mahindra Ltd. (up 0.69%), Bajaj Auto Ltd. (up 0.59%), and Bosch Ltd. (up 0.41%) managed to post gains. On the flip side, MRF Ltd. led the losers with a decline of 1.9%, followed by Maruti Suzuki India Ltd. (down 1.32%), Tata Motors Ltd. (down 1.09%), Tube Investments of India Ltd. (down 0.74%), and TVS Motor Company Ltd. (down 0.68%).

The banking sector was not spared, as the Nifty Bank index closed 0.54% lower at 55599.95. Among banking stocks, Federal Bank Ltd. was a notable gainer, rising by 2.45%, along with Au Small Finance Bank Ltd. (up 1.35%) and Punjab National Bank (up 0.91%). However, several prominent banks faced selling pressure, including IDFC First Bank Ltd. (down 2.49%), IndusInd Bank Ltd. (down 1.46%), Axis Bank Ltd. (down 1.09%), Kotak Mahindra Bank Ltd. (down 0.93%), and ICICI Bank Ltd. (down 0.87%). Commenting on market volatility, Nagaraj Shetti, Technical Research Analyst at HDFC Securities, suggested that Monday's trading pattern could be viewed as a "High Wave," indicating significant market indecision at higher levels.

Power sector stocks also predominantly closed in negative territory. Despite the overall sectoral weakness, some stocks like Voltamp Transformers Ltd. saw a significant jump of 8.74%. Other gainers included Transrail Lighting Ltd. (up 4.87%), Ravindra Energy Ltd. (up 3.49%), Kalpataru Projects International Ltd. (up 2.45%), GE Vernova T&D India Ltd. (up 1.78%), Power and Instrumentation (Gujarat) Ltd. (up 1.65%), Hitachi Energy India Ltd. (up 1.36%), PTC India Ltd. (up 1.12%), KEC International Ltd. (up 0.87%), and Torrent Power Ltd. (up 0.49%). Conversely, many power stocks declined, with Reliance Power Ltd. falling by 4.98%, Suzlon Energy Ltd. by 4.28%, RattanIndia Power Ltd. by 2.87%, NLC India Ltd. by 2.66%, ACME Solar Holdings Ltd. by 2.58%, NHPC Ltd. by 2.56%, Karma Energy Ltd. by 2.37%, Inox Wind Ltd. by 2.18%, Adani Energy Solutions Ltd. by 2.10%, and Energy Development Company Ltd. by 2.05%.

Similarly, sugar stocks mirrored the broader market's downward trend. Some resilience was shown by EID Parry (India) Ltd. (up 3.32%), DCM Shriram Industries Ltd. (up 2.67%), Simbhaoli Sugars Ltd. (up 2.26%), Mawana Sugars Ltd. (up 1.59%), Triveni Engineering & Industries Ltd. (up 0.55%), Uttam Sugar Mills Ltd. (up 0.47%), Magadh Sugar & Energy Ltd. (up 0.44%), and Balrampur Chini Mills Ltd. (up 0.33%). However, many sugar companies faced losses, including Bannari Amman Sugars Ltd. (down 2.67%), Ugar Sugar Works Ltd. (down 1.97%), Sakthi Sugars Ltd. (down 1.92%), Dhampur Sugar Mills Ltd. (down 1.52%), Vishwaraj Sugar Industries Ltd. (down 1.41%), Bajaj Hindusthan Sugar Ltd. (down 1.24%), Kothari Sugars & Chemicals Ltd. (down 1.09%), Shree Renuka Sugars Ltd. (down 0.94%), KCP Sugar & Industries Corporation Ltd. (down 0.93%), and Dwarikesh Sugar Industries Ltd. (down 0.92%).

In terms of trading activity, shares of YES Bank, Vodafone Idea, Ola Electric Mobility, Reliance Power, and Suzlon Energy were among the most actively traded on the NSE. Despite the overall market decline, some individual stocks managed to achieve new milestones. GRSE, FIEM Industries, Aegis Vopak Terminal, Mangalore Chem, and Radico Khaitan hit their fresh 52-week highs. In contrast, Capital Infra Trust, Aakash Exploration, Osia Hyper Retail, Signpost India, and Ganga Forging touched their fresh 52-week lows during the trading session.