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EQUITY
Post Session: Quick Review
Jun-06-2025

Indian equity benchmarks ended in positive terrain with significant gains on Friday. Markets made a cautious start, as traders were cautious with exchange data showed that foreign institutional investors (FIIs) sold equities worth Rs 208.47 crore on a net basis on Thursday. However, in the late morning session, indices turned positive and extended their gains to close near the day’s high point, supported by a rally in banking stocks after the RBI announced a larger-than-expected rate cut and 100 basis points reduction in the Cash Reserve Ratio (CRR).

Some of the important factors in today’s trade:

RBI cuts repo rate by 50 bps to 5.50% for third time in a row: Sentiments got boost after the Reserve Bank of India (RBI) announced larger-than-expected rate cut. RBI reduced repo rate by 50 bps to 5.50%. For the full year FY26, the RBI has projected headline inflation at 3.70%, lower than the 4% forecast made in April.

India moving decisively toward goals of Viksit Bharat and Atmanirbhar Bharat: Sentiments also remained optimistic as Union Minister Sarbananda Sonowal said that ‘Under the able and visionary leadership of Prime Minister Narendra Modi, India is moving decisively toward the goals of Viksit Bharat and Atmanirbhar Bharat. 

Goyal holds 3 meetings in 35 days with EU trade commissioner: Some support also came as Commerce and Industry Minister Piyush Goyal held three meetings within a short span of 35 days with the European Commissioner for Trade Maros Sefcovic with an aim to give an impetus to the reposed negotiations for a free trade agreement (FTA). 

Global front: European markets were trading mostly in red as investors reacted to a slew of downbeat regional data and looked ahead to the release of key U.S. non-farm payrolls report for direction. Asian markets ended mixed despite the leaders of the U.S. and China agreeing to further talks aimed at reaching a deal. 

The BSE Sensex ended at 82188.99, up by 746.95 points or 0.92% after trading in a range of 81140.11 and 82299.89. There were 26 stocks advancing against 4 stocks declining on the index. (Provisional)

The broader indices ended in green; the BSE Mid cap index was up by 0.91%, while Small cap index up by 0.43%. (Provisional)

The top gaining sectoral indices on the BSE were Realty up by 4.74%, Metal up by 1.56%, Auto up by 1.50%, Consumer Disc up by 1.38% and Consumer Durables up by 1.30%, while Capital Goods down by 0.30% and Industrials down by 0.08% were the few losing indices on BSE. (Provisional)

The top gainers on the Sensex were Bajaj Finance up by 5.01%, Axis Bank up by 3.11%, Maruti Suzuki up by 2.64%, Bajaj Finserv up by 2.18% and Eternal up by 2.12%. On the flip side, Bharat Electronics down by 0.69%, Bharti Airtel down by 0.39%, Tata Steel down by 0.25% and Sun Pharma down by 0.10% were the few losers. (Provisional)

Meanwhile, with an aim to promote investments, Commerce and Industry Minister Piyush Goyal has proposed to develop an industrial conclave for Italian businesses in India. He said Italian companies can consider setting up manufacturing units and offices in those enclaves. The government has announced to invest about Rs 28,000 crore to set up 12 industrial nodes, and build 100 industrial parks in the country.

These industrial parks can be set up in the proposed industrail corridors in different parts of the country. India would invite Italian companies to certain locations in India such as Dighi near Mumbai and Sambhaji Nagar (Aurangabad) in Maharashtra to showcase potential locations for these enclaves. 

These industrial areas will be located at Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in UP, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in Andhra Pradesh, and Jodhpur-Pali in Rajasthan.

The CNX Nifty ended at 25003.05, up by 252.15 points or 1.02% after trading in a range of 24671.45 and 25029.50. There were 45 stocks advancing against 5 stocks declining on the index. (Provisional)

The top gainers on Nifty were Shriram Finance up by 5.46%, Bajaj Finance up by 4.90%, JSW Steel up by 3.56%, Axis Bank up by 3.15% and Maruti Suzuki up by 2.77%. On the flip side, HDFC Life Insurance down by 0.85%, Bharat Electronics down by 0.71%, Bharti Airtel down by 0.46%, Tata Steel down by 0.24% and Sun Pharma down by 0.23% were the top losers. (Provisional) 

European markets were trading mostly in red; Germany’s DAX lost 36.48 points or 0.15% to 24,287.10 and France’s CAC fell 5.95 points or 0.08% to 7,784.32, while UK’s FTSE 100 increased 11.6 points or 0.13% to 8,822.64.
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