Post-Market Update: Market Closing today (June 02, 2025)

Nifty Extends Losses for Second Straight Day; Broader Markets Outperform as Nifty Smallcap Surges Over 1%

On June 2, Indian equity benchmarks closed lower, marking the second consecutive session of losses. The indices recovered from the day's low and trimmed most of their losses. 

At the closing bell, the Nifty 50 ended down by 34.10 points or 0.14%, at 24,716.60. The index opened on a weak note and staged a recovery from lower levels. At the end of the session, it reclaimed its 20-DMA. The Sensex dropped by 77.26 points or 0.09% to 81,373.75.

India's manufacturing growth slowed in May, with the HSBC PMI falling to 57.6 from 58.2 in April, its lowest in three months, according to S&P Global. While the index stayed above the neutral 50.0 mark and long-term average of 54.1, output growth softened due to rising costs, competition, and India-Pakistan tensions.

On Monday, Realty stocks led the rally with a 2.31% sectoral gain. The Nifty PSU Bank index rose 2.15%, aided by stock-specific gains. 

With these sectoral gains, the broader market outperformed. Nine out of 13 key sectoral indices registered gains, while the Mid-cap and Small-cap indices closed in positive territory.

Stock-Specific Highlights

Among individual stocks,

• Mphasis declined 2.6% after reports suggested the loss of a key client, FedEx, which contributed 8% of its revenue. 
• Niva Bupa Health Insurance plummeted 9.95% following a USD 126 million block deal executed at an 11% discount.
• In contrast, Apollo Hospitals rose 2.5% to an intraday high on strong Q4 earnings, closed 0.54% up.
• AstraZeneca Pharma India surged 17.12% after posting a significant profit jump.
• Newly listed Schloss Bangalore, the parent of luxury hotel chain "The Leela", opened 6.7% lower on debut.

Nifty Realty - Top Gainer of the Day

The Nifty Realty index surged by 2.31% on Thursday. Brigade Enterprises jumped over 7.4%, leading gains among Realty stocks and lifting the Nifty Realty index.

Nifty 50: Top Pullers and Draggers of the Day

The key drivers of the index gains were:

• Mahindra & Mahindra: +12.76 points
• ICICI Bank: +8.88 points
• Adani Ports: +6.87 points

On the other hand, these stocks weighed on the index:

• HDFC bank: -15.25 points
• Infosys: -8.85 points
• Reliance Industries: -6.75 points

Broader Markets Mixed

The broader market indices ended in green, with the Mid-cap 100 index climbing by 0.62% and the Small-cap 100 index advancing by 1.19%, while nine out of 13 major sectoral indices ended in the positive territory.

Market Breadth

As of June 2, 2025, the Indian stock market witnessed positive market breadth. Out of 3,014 stocks traded on the NSE, 1,529 advanced, 1,402 declined, and 83 remained unchanged. 

A total of 68 stocks touched their 52-week highs, while 38 hit their 52-week lows. Additionally, 109 stocks were locked in their upper circuits, whereas 103 stocks were in lower circuits. 

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