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Post-Market Update: Market Closing today (June 06, 2025)

Daily Market Updates
2 min Read Jun 6, 2025
Post-Market Updates June 06, 2025
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RBI Double Bonanza Lifts Indian Market Higher; Nifty Bank Hits Fresh All-Time High; Nifty Realty Jumps to 5-Month High

The Indian equity benchmark indices ended Friday’s trading session on a strong note, with the Nifty 50 reclaiming the important psychological mark of 25,000, gaining 1.02%, and the BSE Sensex surging by 747 points, crossing the 82,000 mark.

Nifty 50 Breaks Two-Week Losing Streak Amid Double Bonanza by RBI 

This impressive rally on June 6 helped the Nifty 50 snap its two-week losing streak, posting a 1.02% gain for the week. The main driver behind the rally was the double bonanza announced by the RBI Governor, Sanjay Malhotra. The Reserve Bank of India (RBI) made a major move by cutting the benchmark repo rate by 50 basis points, bringing it down to 5.5%. Additionally, the RBI reduced the cash reserve ratio (CRR) by 100 basis points to 3%. The central bank also lowered its CPI inflation forecast to 3.7% from 4.0%, while maintaining its GDP growth projection at 6.5% for the year ending March 2026.

Banking Sector Leads the Rally; India VIX Decline

Following this central bank action, the Nifty Bank surged by nearly 1.5%, hitting a fresh all-time high. The Nifty Bank recorded its sharpest single-day rally since May 12. Meanwhile, the India VIX index cooled off to below 15, marking its lowest point in over a month.

Sector Performance: Nifty Realty Jumps to 5-Month High 

All sectoral indices ended in the green, except for Nifty Media, which declined by 1.14%. Among the top performers were the Nifty Realty and Nifty Metal indices, which gained 4.68% and 1.9%, respectively. The Nifty Realty index surged to a five-month high, supported by the RBI rate cut, which is likely to boost demand. For the week, the Nifty Realty index jumped by 9.51%.

Pullers and Draggers for Nifty 50

The banking and financial sector emerged as the top contributors to the Nifty 50 rally on June 6. The top pullers for the index were:

  • HDFC Bank (+34.79 points)

  • Bajaj Finance (+31.77 points)

  • Axis Bank (+25.63 points)

The draggers on June 6 were:

  • Bharti Airtel (-5.66 points)

  • Divis Lab (-2.92 points)

Broader Market Performance

The broader indices also participated in the rally, with the Nifty Midcap index gaining 1.21% and the Nifty Small-cap index rising by 0.81%. The advance-decline ratio was in favor of the advances on June 6.

Disclaimer: The article is for informational purposes only and not investment advice.