Market Closing Updates, 5th June, 2025: Sensex Gains 444 Points, Nifty Closes Above 24,700 Amid Broad-Based Rally

On Thursday, June 5, 2025, Indian equity benchmarks closed higher, with the BSE Sensex rising 444 points to settle at 81,442, and the NSE Nifty ending at 24,750, up 131 points. The rally was driven by gains across major sectors, including pharmaceuticals, energy, and capital goods.

Sectoral Performance

Among the Sensex constituents, Larsen & Toubro (0.41%), Power Grid (2.01%), Sun Pharma (0.97%), Reliance Industries (1.35%) and HCL Technologies (0.38%) were notable gainers. Conversely, Bajaj Finserv (0.57%), Bajaj Finance (0.69%), Axis Bank (0.94%), Nestle (0.10%), and Hindustan Unilever (0.49%) witnessed declines. 

Nifty Realty was the biggest gainer with 1.75% and Nifty Pharma with 1.28% following. Nifty PSU Bank was the biggest loser with -0.58%.

Market Drivers

The upward movement in the indices was supported by positive global cues, including a weaker U.S. dollar and declining Treasury yields, which bolstered investor sentiment in emerging markets. Additionally, optimism surrounding potential rate cuts by the Reserve Bank of India and falling crude oil prices contributed to the bullish trend. 

Foreign Investment Activity

Foreign Institutional Investors (FIIs) turned net buyers on Wednesday, purchasing equities worth ₹1,076.18 crore, according to exchange data. This shift in FII activity provided further support to the domestic markets.

Global Market Context

In the broader Asian markets, indices showed mixed performance. While Hong Kong’s Hang Seng Index rose by 0.4%, Japan’s Topix and Australia’s S&P/ASX 200 experienced slight declines. The Shanghai Composite remained relatively unchanged.

Conclusion

The Indian stock market's positive close on June 5 reflects a combination of favourable global economic indicators and domestic investor optimism. Market participants will continue to monitor upcoming economic data and central bank decisions for further direction.

• Sensex was up 775.73 points or 0.96 percent at 81,775.06.

• Nifty was up 229.80 points or 0.93 percent at 24,850.00. 

The  Nifty and Sensex  is primarily driven by optimism around a likely interest rate cut by the Reserve Bank of India, supported by easing retail inflation and expectations of growth support. Positive global cues from firm Asian markets and hopes of easing US-China trade tensions are also bolstering investor sentiment. Additionally, fresh foreign fund inflows into Indian equities and falling crude oil prices, which ease inflationary pressures, are contributing to the upward momentum. Overall, a combination of domestic monetary policy expectations, global market stability, foreign investment, and commodity price trends are shaping the current market stance.

Top 5 Gainers in the Market

• Eternal

• Opening Price: ₹248
• Current Market Price (LTP):259.16 
• Percentage Change:5.49

Eternal is up today due to a major brokerage firm reaffirming a positive rating, highlighting the company's strong position in food delivery and quick commerce, efficient cost management, and a robust balance sheet, which has boosted investor confidence.

• Dr Reddy

• Opening Price: ₹1264.20
• Current Market Price (LTP):1289.40
• Percentage Change:3.00

Dr. Reddy's Laboratories is up today due to its strategic collaboration with Alvotech to co-develop and commercialize a biosimilar version of Keytruda, a leading cancer therapy, which has boosted investor confidence and led to positive brokerage upgrades.

•   Trent

• Opening Price: ₹5539
• Current Market Price (LTP):5659 
• Percentage Change:2.77

Trent is up today due to positive market sentiment driven by strong financial performance, including a high return on equity and expectations of healthy growth in earnings and EBITDA over the next two years, alongside favorable broker recommendations and upcoming dividend announcements.

• Powergrid

• Opening Price: ₹291
• Current Market Price (LTP):293.65
• Percentage Change: 1.77

Power Grid is up today supported by its strong quarterly profit performance and positive analyst recommendations highlighting its robust return on equity and steady revenue growth, which have boosted investor confidence.

• Reliance

•   Opening Price: ₹1428
•  Current Market Price (LTP):1445
• Percentage Change:1.51

Reliance is up today  driven by a positive earnings outlook from JPMorgan, which expects better earnings growth over the next two years, boosting investor confidence amid strong financials and steady market performance.

Top 5 Losers in the Market

• Indusind bank 

• Opening Price: ₹817
• Current Market Price (LTP): ₹805.05
• Percentage Change: -1.14

IndusInd Bank is down today due to ongoing concerns over its recent accounting discrepancies and higher-than-expected losses reported in the latest quarter, which have raised uncertainty about its financial health and management stability, leading to negative investor sentiment.

• Bajaj finance

• Opening Price:₹8987
• Current Market Price (LTP): ₹8895
• Percentage Change: -1.02

Bajaj Finance is down today  mainly due to recent bearish technical signals and cautious investor sentiment following a slight quarterly revenue decline and increased provisions, which have tempered short-term outlook despite strong long-term fundamentals.

•  Bajaj finserv

• Opening Price: ₹1961
• Current Market Price (LTP): ₹1939.80
• Percentage Change: -0.83

Bajaj Finserv is down today due to recent bearish technical signals, including moving average crossovers, which historically have led to short-term price declines, combined with cautious investor sentiment despite strong quarterly results.

• Maruti

• Opening Price: ₹12200
• Current Market Price (LTP): ₹12085
• Percentage Change: -0.64

Maruti is down today due to technical indicators signaling a potential downtrend and cautious investor sentiment ahead of the Reserve Bank of India's policy announcement, contributing to selling pressure.

• Axis bank

• Opening Price: ₹1172.50
• Current Market Price (LTP): ₹1164.10
• Percentage Change: -0.59

Axis Bank is down today due to profit booking and selling pressure after recent gains, combined with concerns over slower credit growth and increased provisioning impacting earnings, as well as technical indicators signaling a potential near-term correction.

Indian markets are likely to open on a good note, led by worldwide tailwinds as well as institutional buying. FIIs and DIIs purchased equities of ₹1,076.18 crore and ₹2,566.82 crore respectively on June 4.The Monetary Policy Committee meeting of the Reserve Bank of India is in progress, with hopes of a rate cut on June 8, which is driving the market mood

As of 9.25 am, the Nifty 50 was trading slightly higher 24688.45 up  at 0.59% , while the Sensex stood at 81196.08 up 0.24%.

Asia-Pacific Markets Mixed; Wall Street Ends Flat as US Job Growth Disappoints

Asian markets showed a mixed trend on Wednesday as investors digested global economic signals and awaited key macroeconomic data. Japan’s Nikkei slipped between 0.4% and 0.8%, while the broader Topix index declined by around 0.5% to 0.6%. On the other hand, South Korea’s Kospi posted a solid gain, rising between 0.75% and 0.95%. Australia’s ASX 200 edged up by 0.2%, and the Asia Dow surged 1.1%, leading regional gains.

Wall Street ended the June 4 session on a subdued note. The Dow Jones Industrial Average dipped 0.22%, while the S&P 500 remained virtually unchanged, inching up by just 0.01%. The Nasdaq Composite managed a modest gain of 0.32%, supported by strength in tech stocks.

Investor sentiment was dampened by sharply lower-than-expected U.S. private sector job growth. In May, the economy added just 37,000 jobs—significantly below the 110,000 forecast and marking the weakest pace in over two years. April payroll figures were also revised downward, adding to concerns about a slowing labor market. Reflecting these concerns, the U.S. 10-year Treasury yield fell to 4.36%, signaling rising caution over the strength of the economic recovery.

Markets now turn their focus to a series of crucial data releases and policy decisions in the days ahead, including U.S. initial jobless claims, April trade data, China’s May PMI readings, and the European Central Bank’s rate decision.

Gold Holds Firm Near ₹10,000 Mark; Crude Slides, Rupee Weakens Slightly Against Dollar

Gold prices in India remained elevated on Wednesday, with 24 karat gold trading at ₹9,918 per gram, while 22 karat gold was priced at ₹9,091 per gram. In Bangalore, gold was marginally lower, with 24 karat gold quoted at ₹9,917 per gram and 22 karat at ₹9,090. The cost of 10 grams of 24 karat gold stood at ₹96,750, while 22 karat gold (10 grams) was priced at ₹96,360.

Meanwhile, crude oil prices softened globally. Brent crude hovered around $62.78 per barrel, while WTI crude was seen trading lower at $60.79 per barrel, according to data from OilPrice.com.

On the currency front, the Indian rupee weakened slightly against the U.S. dollar. The USD/INR exchange rate stood at ₹85.92, with today's expected trading range projected between ₹85.58 and ₹85.64. The rupee has depreciated by approximately 0.4% compared to the previous session.

Stocks in Focus

• NTPC Green Energy signed a 1,000 MW Power Purchase Agreement at ₹2.56/unit after winning the UPPCL solar auction.
  
  
• Newgen Software bagged a $2.5 million overseas digital transformation order involving product delivery and installation.
  
  
• Promoters of Diamond Power and Indosolar plan to offload stakes via OFS on June 5–6, with floor prices at ₹95 and ₹10 per share respectively.
  
  
• Gland Pharma's subsidiary Cenexi received 11 observations from French regulator ANSM, with corrective actions accepted, ensuring no production disruption.
  
  
• HAL denied reports of stalled talks with GE, reaffirming ongoing discussions for local production of GE414 engines for LCA MK2.
  
  
• Force Motors reported May sales of 3,088 units, up 19.1% YoY, with strong domestic growth despite a sharp fall in exports.
  

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