June 2 (Reuters) - Indian shares are likely to open lower on Tuesday as persistent anxiety around the war in the Middle East ‌and unprecedented foreign outflows pressure markets.

Brent crude futures hovered around $94 ‌per barrel amid stalled peace talks between the U.S. and Iran to resolve the three-month-old war ​that has pushed energy prices higher, raising inflation concerns.

GIFT Nifty futures were at 23,245.5 as of 7:49 a.m. IST, indicating the benchmark Nifty 50 would open below Monday's close of 23,382.6. The 50-stock index has shed 2.7% and the ‌BSE Sensex is down ⁠2.9% in the last four sessions.

Foreign investors sold shares worth 39.12 billion rupees ($411.83 million) on Monday, provisional data showed. They ⁠have offloaded $26.4 billion worth of shares so far in 2026, already surpassing 2025's record annual outflow of $18.91 billion.

India's forecast of the weakest monsoon in 11 years also ​fuelled ​concerns over crops, food prices and growth ​in the world's fifth-largest economy, ‌which is already starting to battle inflation pressures from the Iran war.

The Reserve Bank of India is expected to keep its key interest rate unchanged on Friday, although a Reuters poll of economists showed that a majority now expect at least one increase by year-end, due to risks connected to ‌high oil prices, weak capital inflows and ​resulting pressure on the rupee.

STOCKS TO WATCH

** Ola ​Electric Mobility launched a qualified ​institutional placement on Monday at a floor price of 37.74 ‌rupees per share

** Indian government to ​sell up to ​6% stake in power company NHPC via an offer for sale at a floor price of 71 rupees per share, a discount of ​8% to Monday's closing ‌price

** IT company Wipro will acquire an additional 20% stake in ​insurtech company Aggne Global for $28.5 million

($1 = 94.9900 Indian rupees)

(Reporting by Vivek ​Kumar M; Editing by Ronojoy Mazumdar)