The Indian stock market today witnessed a positive turnaround, with both benchmark indices snapping a three-day losing streak. The BSE Sensex closed at 80,998.25, up by 260.74 points or 0.32%, while the NSE Nifty 50 settled at 24,620.20, gaining 77.70 points or 0.32%. This recovery was driven by strong performances in banking, telecom, and select heavyweight stocks.

Sector Performance Highlights

Banking

The banking sector contributed significantly to the market’s gains. The Nifty Bank index rose by 0.14%, closing at 55,676.85. HDFC Bank’s stock closed above its 30-day moving average, indicating bullish momentum.

Information Technology (IT)

The IT sector showed modest gains, with the Nifty IT index up by 0.33%. This uptick was supported by positive global cues and investor optimism in tech stocks.

Auto

The auto sector experienced a slight increase, with the Nifty Auto index rising by 0.27%. Investors showed interest in auto stocks ahead of upcoming sales data releases.

Pharma

The pharmaceutical sector remained stable, with minimal movement. Investors are awaiting further developments in drug approvals and global health trends.

Top 5 Gainers & Losers

Top 5 Gainers

• Eternal Ltd. – +3.21%
• Jio Financial Services – +2.36%
• IndusInd Bank – +1.79%
• Bharti Airtel – +1.72%
• Bharat Electronics Ltd. – +1.28%

Top 5 Losers

• Bajaj Finserv – -1.63%
• Trent Ltd. – -1.43%
• Eicher Motors – -1.01%
• Shriram Finance – -0.96%
• Axis Bank – -0.83%

FII/DII Net Flows

On June 4, 2025, Foreign Institutional Investors (FIIs) were net buyers, purchasing equities worth ₹1,076.18 crore. Domestic Institutional Investors (DIIs) also showed strong buying interest, with net purchases amounting to ₹2,566.82 crore.

Key Macro-Economic & Global Drivers

• Global Cues: Positive trends in Asian and European markets bolstered investor confidence.
• RBI Policy Outlook: Anticipation of the Reserve Bank of India’s upcoming monetary policy decision has kept investors optimistic.
• US Tariffs: Recent announcements of US tariffs have introduced some caution, but markets have largely priced in these developments.

What to Watch Next

• RBI Monetary Policy: The central bank’s decision on interest rates could set the tone for future market movements.
• Auto Sales Data: Upcoming auto sales figures will provide insights into consumer demand and sector health.
• Global Economic Indicators: Developments in global trade policies and economic data releases will continue to impact market sentiment.

For more detailed analyses and upcoming IPO information, visit NextIPOIndia.

External Reference: For official updates on monetary policy, visit the Reserve Bank of India.

Note: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult a financial advisor before making investment decisions.