Indian shares were sharply lower in early trade on Monday as Middle East tensions persisted, and upbeat U.S. jobs data stoked inflation and interest rate worries.
The benchmark BSE Sensex tumbled 527 points, or 0.7 percent, to 73,714 while the broader NSE Nifty index was down 167 points, or 0.7 percent, at 23,199.
Among the prominent decliners, Bajaj Finance, Mahindra & Mahindra, Eternal and Indigo all fell around 2 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.