First Tick: Top global cues to watch in today’s trade - Moneycontrol.com

Key points

• FIIs remained net sellers for the seventh consecutive session on June 4, offloading equities worth Rs 4,447 crore.
• On the other hand, DIIs extended their buying streak to the thirteenth straight session, purchasing equities worth Rs 4,360 crore.
• The fund house reiterated its long-term conviction that India will become a global hub for data, technology, and digital infrastructure.
• However, it added that India's limited exposure to artificial intelligence and continued dependence on imported crude oil are weighing on earnings growth and investor sentiment in the near term.
• Indian equity benchmark indices, the BSE Sensex and Nifty 50, are likely to open marginally lower on June 5, tracking subdued signals from the GIFT Nifty, which was trading nearly flat at around 23,502 in early trade.