🧭 Markets Flat but Firm: PSU Banks & Realty Shine Amid Global Worries

📰Daily Market Wrap-Up by Stock Whisperers-02 June 2025

Author

thestock whisperers
June 02, 2025

02-June-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex fell 77.26 points (-0.09%) to close at 81,373.75, reflecting a flat session.

  • The Nifty dropped 34.10 points (-0.14%) to 24,716.60, staying around 24,700.

  • Midcap rose 0.5%, and Smallcap added 0.7%, showing broader market strength.

  • PSU Bank and Realty gained 2% each, while Consumer Durables, IT, and Metal indices fell 0.5% each.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹2,589.47 crore

  • Domestic Institutional Investors (DII): Bought ₹5,313.76 crore

DII buying offsets FII outflows, supporting the market’s flat close.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Markets remained flat, marking a third consecutive week of consolidation, as renewed concerns over a potential tariff war and Russia-Ukraine tensions weighed on sentiment. Despite global uncertainties, Indian markets showed resilience, driven by robust institutional inflows and strength in FMCG, real estate, and financial stocks.

  • Domestic macro positives like a potential RBI rate cut, a better monsoon, strong Q4 GDP data, and improved GST collections provided support. Investors adopted a cautious short-term strategy, focusing on domestically oriented and interest-sensitive sectors like PSU Banks and Real Estate.

  • Analysts expect Nifty to consolidate between 24,500–24,900, with support at 24,300—monitor global cues and upcoming RBI policy decisions.

❓ DO YOU KNOW?

India’s Q4 GDP data, released today, showed a 7.2% growth, surpassing expectations of 6.8%, driven by strong manufacturing and services sectors, boosting market confidence.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Adani Ports, M&M, Eternal, Tata Consumer, and Power Grid Corp

  • Top Losers: Hero MotoCorp, Tech Mahindra, JSW Steel, HDFC Life, and Tata Steel

  • Adani Ports surged after Q4 FY25 net profit rose 50% YoY to ₹3,023 crore with 23% revenue growth, hitting a new high.

  • IndiGo was in focus after a 5.5% YoY drop in May passenger numbers, with load factor down to 85.9%; sentiment was mixed due to operational challenges.

  • Tata Motors rose as May sales increased 4.2% YoY to 76,766 units, with commercial vehicle sales up 3%.

  • TVS Motor gained after a 17% YoY jump in May wholesales to 3.69 lakh units, boosting two-wheeler sentiment.

  • Maruti Suzuki edged higher as exports soared 79.8% YoY and total sales rose 3.2% in May, despite flat domestic sales.

  • Yes Bank soared 8% amid reports of SMBC potentially taking a majority stake. The board will meet tomorrow for a fundraiser.

  • JK Cement gained traction as Motilal Oswal’s top pick, driven by strong cement demand and Q4 results.

  • Vodafone Idea remained under pressure despite plans for a 5G rollout in 17 circles by August 2025 and lender engagement for growth funding.

  • Niva Bupa cracked 10% after a promoter stake sale.

  • Mphasis slipped 3% after losing FedEx as a client, which accounted for 8% of its revenue.

Your Weekly Stock Markets Rundown: 🌀 Markets in a Holding Pattern: All Eyes on RBI, Trade Talks & Global Turmoil

June 2-6, 2025

The week of June 2-6, 2025, will be shaped by the RBI’s policy decision, India-US trade talks, and global trade developments. With Sensex and Nifty expected to trade within 81,000–82,500 and 24,700–25,100, respectively, investors remain cautiously optimistic, supported by India’s 7.4% Q4 FY25 GDP growth and FII inflows. However, US tariff concerns and bond yields may limit gains, driving mid-week volatility. Banking, infrastructure, and renewable energy sectors offer opportunities, while a stock-specific approach is advised to navigate the uncertainty.

👀Stocks to Focus:

  • Adani Ports: Q4 momentum may persist.

  • Yes Bank: Potential stake sale and fundraise to watch.

  • Vodafone Idea: 5G rollout plans to monitor.

📝Summary:

Indian markets ended flat, with Nifty at 24,716, amid tariff war fears and Russia-Ukraine tensions. PSU Banks and Realty gained, while IT and Metals lagged. DII buying and strong domestic macros (Q4 GDP at 7.2%) supported resilience—focus on interest-sensitive sectors and global cues!

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.