📈 Nifty Reclaims 24,600; Broader Markets Shine Ahead of RBI Policy Meet

📰Daily Market Wrap-Up by Stock Whisperers-04 June 2025

Author

thestock whisperers
June 04, 2025

04-June-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex gained 260.74 points (+0.32%) to close at 80,998.25, ending a three-day decline.

  • The Nifty rose 77.70 points (+0.32%) to 24,620.20, reclaiming 24,600.

  • Midcap and Smallcap indices rose 0.6% each, outperforming larger peers.

  • Telecom, Metal, and Oil & Gas indices added 0.5-1%, while Realty dipped 0.7%.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Bought ₹1,076.18 crore

  • Domestic Institutional Investors (DII): Bought ₹2,566.82 crore

FII and DII inflows supported the mild uptrend in a range-bound session.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Markets traded narrowly with a positive bias, buoyed by strong US job data and easing US-China trade tensions (post-rollback of 245% tariffs). Midcaps and Smallcaps outperformed, driven by better-than-expected earnings growth and moderating valuations.

  • Investors focused on the RBI policy meeting starting today, anticipating a rate cut and clarity on growth and inflation forecasts. Domestic macros remain supportive with a 7.2% Q4 GDP growth, better monsoon, and strong GST collections, though global trade concerns linger.

  • Analysts expect Nifty to consolidate between 24,500–24,900, with support at 24,300—watch RBI’s policy outcome for direction.

❓ DO YOU KNOW?

The US job data released today showed non-farm payrolls rising by 250,000 in May 2025, beating estimates of 220,000. This signals economic resilience and supports global market sentiment.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Eternal, Jio Financial, Bharti Airtel, IndusInd Bank, and Reliance Industries

  • Top Losers: Trent, Bajaj Finserv, Shriram Finance, TCS, and Axis Bank

  • Tata Motors gained, snapping a three-day fall, as Nomura raised its target price with a 14% upside; May sales up 4.2% YoY to 76,766 units.

  • Bharti Airtel rose after Macquarie hiked its target to ₹2,050 (bull case ₹2,350), citing a strong telecom outlook.

  • Sansera Engineering gained after inking a deal with Airbus to manufacture Airborne Intensive Care Transport Modules.

  • Servotech Renewables surged on a ₹33.6 crore order for a 7.8 MW solar rooftop project, boosting renewable sentiment.

  • Reliance Industries rose, despite earlier declines from global trade concerns and Adani Group’s US investigation spillover.

  • NR Vandana Textile fell 5% after a flat NSE SME debut at ₹45, offering no listing gains.

  • Railway stocks zoomed on recent order wins, with Ircon International gaining 14%.

  • Aditya Birla Fashion cracked 10%, the top NSE 500 loser, after 7.6 crore shares (6.23% equity) changed hands; Flipkart was the likely seller.

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:

  • Bharti Airtel: Telecom strength to monitor.

  • Tata Motors: Sales growth and brokerage upgrade to watch.

  • Aditya Birla Fashion: Stake sale impact to observe.

📝Summary:

Indian markets rose 0.3%, with Nifty above 24,620, supported by positive global cues like strong US job data and easing trade tensions. Midcaps and Smallcaps outperformed, while Telecom and Metals gained. Investors eye the RBI policy meeting—expect consolidation, focus on rate cut 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.