Nifty 50 Index Closes Up 130.70 Points; Rate Cut Anticipation Boosts Indian Markets
Key Takeaways
- On June 5, 2025, Nifty closed at 24,750.90, up 130.70 points.
- Eternal, Trent, and Dr. Reddy’s led Nifty 50 gains on June 5, 2025.
- IndusInd Bank and Tata Consumer Products were among the top Nifty 50 losers.
- LKP Securities sees a potential uptrend for Nifty due to a golden crossover.
- A 25 bps rate cut by the RBI is widely expected.
Top Stories
Sensex, Nifty close higher amid rate cut anticipation
On June 5, 2025, the Sensex closed at 81,442.04, up 443.79 points, and the Nifty closed at 24,750.90, up 130.70 points. The Indian stock markets rose, driven by expectations of a 25 bps rate cut by the Reserve Bank of India and mirroring gains in Asian markets.
Nifty closes up at 24750.9 in Mumbai
On an unspecified date, the NSE Nifty closed 130.71 points up at 24750.9 in Mumbai trading, as reported on 2025-06-05.
Nifty 50: Eternal, Dr. Reddy's, Trent top gainers
On June 5, 2025, Eternal led Nifty 50 gainers with a 4.53% surge, followed by Trent (3.15%), Dr. Reddy’s Laboratories (3.05%), Power Grid Corporation (2.01%), and ICICI Bank (1.77%). These stocks significantly contributed to the Nifty's positive performance.
Nifty 50: IndusInd, Tata Consumer among top losers
On June 5, 2025, IndusInd Bank declined 1.39%, Tata Consumer Products fell 1.07%, Axis Bank dropped 0.94%, Bajaj Finance declined 0.69%, and Bajaj Finserv lost 0.57% on the Nifty 50.
LKP Securities: Nifty shows potential uptrend
On June 5, 2025, Rupak De of LKP Securities noted the Nifty's range-bound trading but highlighted a golden crossover on the daily chart. This crossover suggests a potential strong uptrend in the short term for the index.
Religare Broking: Rate-sensitive sectors outperform amid RBI anticipation
On June 5, 2025, Ajit Mishra from Religare Broking observed the outperformance of rate-sensitive sectors like banking, realty, and auto, anticipating a 25 bps rate cut. The RBI's commentary will be crucial given mixed global cues and a favorable domestic environment.
Geojit: Markets await central bank decisions, rate cut expected
On June 5, 2025, Vinod Nair of Geojit Investments Limited noted that markets are attentively awaiting upcoming central bank decisions. A 25-bps rate cut is anticipated from both the ECB and RBI.
RBI rate cut of 25 bps widely expected
On June 5, 2025, investors awaited the Reserve Bank of India's policy decision, widely expecting a 25 basis points rate cut for the third consecutive meeting. The market is rising on expectations that the central bank will cut the key lending rate by 25 basis points for the third consecutive meeting, boosting liquidity and supporting economic growth.
Expert Take
Nifty faces resistance at 25,050, consolidates
On June 5, 2025, the Nifty index is facing resistance around 25,050, consolidating within the 24,000-25,000 range since May 9, 2025. Options data suggests sideways movement, with Nilesh Jain maintaining a positive outlook above the 200-DMA at 24,070.
Nilesh Jain: Nifty to range 24,000–25,100
On June 5, 2025, Nilesh Jain expects Nifty to oscillate within the 24,000–25,100 range with multiple support levels starting at 24,500, followed by 24,350.
Karthick Jonagadla: Nifty to range 24,000-25,000 in June
On June 5, 2025, Karthick Jonagadla expects Nifty to move between 24,000 and 25,000 through June. He argues consolidation would continue unless there is a decisive migration of open interest above 25,000 or a macro shock that jars volatility.
Tech, auto stocks needed for Nifty to cross 25,000
On June 5, 2025, Nilesh Jain opines that tech and auto stocks have to fire for Nifty to cross the hurdle at 25,000. The IT sector carries 11.3% weight in Nifty and is only second to the financial stocks.
Sector mix key for Nifty to surpass 25,000
On June 5, 2025, Karthick Jonagadla believes a sector mix would push Nifty decisively beyond 25,000. He mentions domestic defensives and rate-sensitives, non-bank financials, FMCG and consumption stocks, and pharma as potential tailwinds.
JPMorgan, Jefferies positive on RIL earnings, growth
On June 5, 2025, JPMorgan anticipates better earnings for RIL over the next two years, driven by consumer business growth. Jefferies noted that RIL has felt pressure from earnings cuts, but consumer business growth could drive a rally, with JPMorgan expecting positive free cash flow.
Market Snapshot
FIIs turn net buyers, India VIX cools off
On June 5, 2025, foreign institutional investors became net buyers, supported by easing US Treasury yields and a weaker US dollar. The India VIX decreased by over 4%, indicating reduced hedging demand and increased investor confidence.
Nifty50 trading up at approximately 24,720
Morgan Stanley: Nifty poised for long-term growth
On June 5, 2025, Morgan Stanley reported that the NIFTY index is at 24,770.05, up by 149.85, indicating Indian equities are poised for long-term growth but require patience.
Rupee strengthens on FII inflows, awaits US data
On June 5, 2025, the Indian rupee strengthened against the dollar, supported by strong FII inflows and positive domestic market sentiment. The currency traded in a range as market participants await key US economic data, including Non-Farm Payrolls.
FIIs net buyers at ₹1,076 cr, DIIs buy for 12th day
On June 4, 2025, Foreign institutional investors (FIIs) turned net buyers after three sessions of selling, purchasing equities worth Rs 1,076 crore. Domestic institutional investors (DIIs) continued their buying streak for the 12th straight day, investing Rs 2,566 crore.
Nifty50: 32 stocks in green, 18 in red
On an unspecified date, 32 stocks in the Nifty50 index closed in the green, while 18 stocks ended in the red, according to a report published on 2025-06-05.
Stock Buzz
Nifty200: 45 stocks hit 52-week highs
On Thursday, June 5, 2025, Indian benchmark equity indices surged, with 45 large and midcap stocks from the Nifty200 index hitting fresh 52-week highs.
BSE, SRF, APL Apollo, Solar, BEL hit 52-week highs
On June 5, 2025, several companies reached 52-week highs: BSE at Rs 2,904.5 (up 59% YTD), SRF at Rs 3,127 (up 41% YTD), APL Apollo Tubes at Rs 1,920 (up 21% YTD), Solar Industries at Rs 16,969 (up 89% YTD), and BEL at Rs 394 (up 33% YTD).
Dr. Reddy’s stock rises on biosimilar collaboration
Sector Spotlight
IT rally helped Nifty sustain above 24,000
On June 5, 2025, the report notes that after the US-China struck a tariff deal agreeing to a 90-day pause on May 12, IT stocks rallied strongly helping Nifty to sustain above the 24,000 mark.