The Indian stock market today witnessed a positive close, with the BSE Sensex climbing 443.79 points (0.55%) to settle at 81,442.04. The NSE Nifty 50 also advanced by 130.70 points (0.53%), ending the session at 24,750.90. This marks the second consecutive day of gains, driven by optimism ahead of the Reserve Bank of India’s (RBI) policy decision and strong performances in the pharma and realty sectors.

Sector Performance Highlights

Banking

The Nifty Bank index closed at 55,760.85, up by 84 points (0.15%). ICICI Bank contributed positively with a 1.77% gain. However, IndusInd Bank declined by 1.37%, limiting the sector’s overall performance.

Information Technology (IT)

The IT sector saw moderate gains, supported by positive global cues and expectations of stable demand. Key players like Infosys and TCS registered slight upticks, contributing to the sector’s resilience.

Auto

The auto sector underperformed, with the Nifty Auto index declining by 0.11%. Concerns over high inflation and interest rates affecting consumer demand contributed to the sector’s subdued performance.

Pharma

Pharmaceutical stocks led the rally, with the Nifty Pharma index gaining 1.75%. Dr. Reddy’s Laboratories surged by 3.05% following a partnership announcement to co-develop a biosimilar candidate.

Top 5 Gainers & Losers

Top Gainers

• Eternal Ltd. (Zomato): +4.53%
• Trent Ltd.: +3.15%
• Dr. Reddy’s Laboratories: +3.05%
• Power Grid Corporation: +2.01%
• ICICI Bank: +1.77%

Top Losers

• IndusInd Bank: -1.37%
• Tata Consumer Products: -1.11%
• Axis Bank: -0.94%
• Bajaj Finserv: -0.62%
• Bajaj Finance: -0.59%

FII/DII Net Flows

On June 5, 2025, Foreign Institutional Investors (FIIs) were net sellers, offloading ₹208.47 crore worth of equities. In contrast, Domestic Institutional Investors (DIIs) were net buyers, purchasing ₹2,382.40 crore worth of stocks.

Key Macro-Economic & Global Drivers

Investor sentiment was bolstered by expectations of a potential rate cut by the RBI in its upcoming policy meeting, aiming to stimulate economic growth. Additionally, positive cues from global markets, particularly hopes of interest rate cuts by the US Federal Reserve, contributed to the bullish trend.

The Indian rupee also showed resilience, appreciating to ₹85.87 against the US dollar, supported by lower crude oil prices and cautious market sentiment.

What to Watch Next

• RBI Policy Decision: The central bank’s stance on interest rates will be crucial in determining market direction.
• Global Economic Indicators: Upcoming US jobs data and other macroeconomic indicators could influence global market trends.
• Sectoral Movements: Continued performance in pharma and realty sectors, along with developments in the auto and banking sectors, will be significant.

For more insights on upcoming IPOs and market trends, visit NextIPOIndia.

For official updates and monetary policy announcements, refer to the Reserve Bank of India.

Note: This article is for informational purposes only and does not constitute financial advice.