Angel One

Angel One

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Angel One
Angel One
June 7, 2025 at 04:17 AM
*Market Metrics: Weekly Roundup* ⭐ Sensex: 82,188.99 ⬆️ ⭐ Nifty 50: 25,003.05 ⬆️ ⭐ Nifty Bank: 56,578.40 ⬆️ ⭐ Nifty Smallcap 100: 18,582.45 ⬆️️ ⭐ Nifty Midcap 100: 59,010.30 ⬆️ --------------------------------------------------------- *✨ Market Performance Key Takeaways For The Week* 🌟 Nifty snapped its losing streak and hovered around the 25,000 mark after a positive reaction to the RBI’s Monetary Policy Committee (MPC) outcome. The benchmark index saw momentum pick up, particularly in the latter part of the week, supported by renewed interest in rate-sensitive sectors. 🌟 Technically, the index found stability near the 20-DEMA and now eyes the 25,300 level, with the 24,800–24,750 zone acting as immediate support. Broader market participation continues to improve sentiment, with a thematic approach likely to remain relevant going forward. 🌟 The RBI policy acted as a breakout catalyst for BANKNIFTY, helping it end its consolidation phase and close at a new lifetime high near 56,600. The index rose approximately 1.5% for the week, reflecting renewed buying strength. 🌟 BANKNIFTY now enters uncharted territory, with the 58,500 zone serving as the next potential level to track. Meanwhile, 56,000–55,800 is expected to offer support in case of any pullback. With structure and momentum both aligned, rate-sensitive banking counters continue to stay in focus. --------------------------------------------------------- *✨ News Highlights For The Week* 🌟 IREDA Launches Rs. 4,500 Crore QIP at Rs. 173.83 Floor Price to Fuel Renewable Expansion 🌟 Central Bank Forays Into Insurance Biz, Acquires Stakes In Future Generali Arms 🌟 RBI cuts repo rate by 50 bps to 5.50%, changes policy stance to 'neutral'; Cash Reserve Ratio reduced by 100 bps 🌟 Passenger vehicle retail sales dip 3% in May as demand softens: FADA 🌟 Gross foreign direct investment (FDI) inflows rose by 14% to USD 81 billion in FY2024-25 (from USD 71.3 billion in the previous year), net FDI sharply moderated to USD 0.4 billion, down from USD 10.1 billion a year earlier. The decline was attributed to higher repatriation of funds and a rise in net outward FDI, even as gross inflows remained robust. *Disclaimer*: https://bit.ly/3usSGoH *Sources*: Angel One Research | Mint | News18 | Business Today | Rediff | Economic Times *Date*: Jun 6, 2025
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