Why is market down today? Sensex, Nifty down over 1%, Here are factors that led to crash

Indian benchmark indices crashed over 1 per cent in early trade today, i.e. on June 3, 2026. The stock market traded in deep red despite strong global cues. Overnight, Wall Street extended its gains with the S&P 500 closing at a fresh record high. Asian equities followed Wall Street with Japan's Nikkei scaling new lifetime highs, reflecting continued confidence in global growth and technology-led earnings momentum. According to experts, the strength in global equities suggests that investors are increasingly willing to look beyond near-term geopolitical headlines and focus on underlying economic resilience.