Nifty 50 Index Closes at 24,620.20; 77.71 Points Gain on June 4
Key Takeaways
- On June 4, 2025, Nifty 50 closed at 24,620.20, up 77.71 points, with 32 gainers and 18 losers.
- On June 4, 2025, FIIs net sold ₹1,076 crore, while DIIs were net buyers at ₹2,567 crore.
- Experts anticipate Nifty consolidation in the 24000-25000 range, advising a cautious stance on June 4, 2025.
- Nifty50 range is 24,200-25,100; profit booking below 24,650 towards 24,400/24,200 on June 4, 2025.
- Eternal, Jio Financial, and IndusInd were among the top Nifty 50 gainers on June 4, 2025.
Top Stories
Nifty 50 closes higher at 24,620.20 on June 4
On June 4, 2025, the Nifty 50 index closed at 24,620.20, gaining 77.71 points. There were 32 stocks closing in the green and 18 in the red.
Nifty 50 index fluctuates around 24,580-24,620 on June 4
On June 4, 2025, the NSE Nifty50 index experienced fluctuations, reaching 24,586.65 at 10:31 AM IST, later rising to 24,587.05, then was up 39.96 points at 24582.45, and ultimately ended up 77.71 points at 24620.2.
FIIs net sellers; DIIs net buyers on June 4
According to a report published on June 5, 2025, on June 4, 2025, foreign portfolio investors net sold shares worth Rs 1,076 crore, while domestic institutional investors were net buyers at Rs 2,567 crore. The position of FIIs in the futures market reduced from a net short of Rs 1.04 lakh crore to Rs 1.02 lakh crore.
Experts anticipate Nifty consolidation; cautious stance advised
On June 4, 2025, market experts provided insights on the Nifty's performance. VK Vijayakumar (Geojit Investments) anticipates the Nifty range of 24000-25000 to persist, Siddhartha Khemka (Motilal Oswal) expects market consolidation, Ajit Mishra (Religare Broking) advises a cautious stance, and Sanjeev Prasad (Kotak) notes the Nifty's range-bound nature with expensive valuations.
Nifty50: 24,200-25,100 range; profit booking below 24,650
On June 4, 2025, Chandan Taparia reported that options data from June 3, 2025, suggests a Nifty50 trading range between 24,200 and 25,100, with immediate levels between 24,300 and 24,800. A move above 24,650 is needed to avoid profit booking towards 24,400 and 24,200, with hurdles at 24,750 and 24,850.
Nifty 50 top gainers: Eternal, Jio Financial, IndusInd
On June 4, 2025, among the Nifty 50, Eternal, Jio Financial, IndusInd, and Tata Motors were the top gainers. Bajaj Finserv, Trent, and Eicher Motors experienced the most depreciation.
Bharti Airtel, M&M among Nifty top gainers on June 4
On June 4, 2025, the top gainers in the Nifty pack included Bharti Airtel Ltd., Mahindra & Mahindra Ltd., Shriram Finance Ltd., Tech Mahindra Ltd., IndusInd Bank Ltd., Hindalco Industries Ltd., Dr. Reddy's Laboratories Ltd., Tata Motors Ltd., HDFC Life Insurance Company Ltd., and Hero MotoCorp Ltd.
Trent, TCS among Nifty losers on June 4
On June 4, 2025, Trent Ltd., Tata Consultancy Services Ltd., Adani Enterprises Ltd., Asian Paints Ltd., Titan Company Ltd., Sun Pharmaceutical Industries Ltd., ICICI Bank Ltd., Adani Ports & Special Economic Zone Ltd., Coal India Ltd., and NTPC Ltd. were trading in the red in Nifty.
Expert Take
Nifty 50: Commodity sectors drive FY26 earnings growth
On June 4, 2025, Sanjeev Prasad from Kotak Institutional Equities, indicated that the Nifty 50 Index is expected to have approximately 12% earnings growth for FY2026, with about 60% of the incremental profits coming from commodity sectors or sectors with tariff increases. About 22% of the incremental profits come from metal and mining, 16% from ONGC, and about 17-18% from Reliance and Bharti.
Market Snapshot
Nifty support at 24,500; resistance at 21,750/21,900
Published on June 5, 2025, immediate support for Nifty is placed at 24,500; a break below this level could lead to further weakness. On the higher side, resistance is seen at 21,750/21,900.
Rupee weakens to 85.86; FIIs sell ₹2,853.83 crore
On June 04, 2025, the Indian rupee weakened to 85.86 against the US dollar due to foreign fund outflows. Foreign Institutional Investors (FIIs) sold Indian equities worth Rs 2,853.83 crore. The BSE Sensex rose by 230.17 points to reach 80,967.68, while the Nifty gained 70.25 points, touching 24,612.75 in early trade.