The Indian stock market today witnessed a significant rally, buoyed by the Reserve Bank of India’s (RBI) unexpected monetary policy easing. The BSE Sensex surged 746.95 points, or 0.92%, to close at 82,188.99. Meanwhile, the NSE Nifty 50 climbed 252.15 points, or 1.02%, settling at 25,003.05, crossing the 25,000 mark for the first time.

Sector Performance Highlights

Banking

Banking stocks led the rally, with the Nifty Bank index closing at 56,578.40, up 1.47%. Private banks outperformed, as Axis Bank rose 3.07% and IDFC First Bank gained 7.11%.

IT

The IT sector saw modest gains, supported by positive global cues. Major IT stocks like TCS and Infosys contributed to the upward momentum.

Auto

Auto stocks benefited from the rate cut, with the Nifty Auto index gaining 1.2%. Maruti Suzuki advanced 2.77%, reflecting optimism in the sector.

Pharma

Pharma stocks continued their upward trajectory, with companies like Granules India and Gland Pharma leading the gains. The sector has seen a cumulative rally of up to 28% since April 2025.

Top 5 Gainers & Losers

Gainers

• Shriram Finance – +5.65%
• Bajaj Finance – +4.90%
• JSW Steel – +3.73%
• Axis Bank – +3.07%
• Maruti Suzuki – +2.77%

Losers

• HDFC Life – -0.85%
• Bharat Electronics – -0.71%
• Bharti Airtel – -0.46%
• Tata Steel – -0.30%
• Sun Pharma – -0.23%

FII/DII Net Flows

On June 6, 2025, Foreign Institutional Investors (FIIs) were net buyers, investing ₹1,009.71 crore. Domestic Institutional Investors (DIIs) also showed strong buying interest, with net inflows of ₹9,342.48 crore.

Key Macro-Economic & Global Drivers

The RBI’s decision to cut the repo rate by 50 basis points to 5.5% and reduce the Cash Reserve Ratio (CRR) by 100 basis points to 3% provided a significant boost to market sentiment. This aggressive monetary easing aims to stimulate economic growth amid subdued inflation and global uncertainties.

Globally, Asian markets showed mixed performance, with the Nikkei up 0.4% and the Hang Seng down 0.4%. Investors are closely watching US-China trade talks and upcoming US jobs data for further cues.

What to Watch Next

• Inflation Data: Upcoming CPI data will be crucial in assessing the inflation trajectory and potential future monetary policy actions.
• Corporate Earnings: Investors will monitor Q1 FY26 earnings reports for insights into corporate performance and guidance.
• Global Economic Indicators: Developments in US economic data and Fed decisions will influence global market trends.

For more updates and IPO listings, visit NextIPOIndia.

For official updates, see 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.