FundedVix
FundedVix
June 6, 2025 at 11:56 AM
*Indian stock market updates for today, Friday, June 6, 2025* 📈 1. RBI Implements 50 bps Rate Cut The Reserve Bank of India (RBI) announced a 50 basis points reduction in the repo rate, bringing it down to 5.5%. This unexpected move aims to stimulate economic growth and has positively influenced market sentiment. 📊 2. Sensex and Nifty Surge Post RBI Decision Following the RBI's announcement, the Sensex soared by 747 points, closing at 81,442, while the Nifty 50 crossed the 25,000 mark, ending at 25,000. This marks a significant rebound from earlier losses. 🏦 3. Financial and Realty Sectors Rally Rate-sensitive sectors, particularly financial services and real estate, experienced substantial gains in response to the RBI's rate cut, reflecting increased investor confidence. 💹 4. Bajaj Finance Leads the Surge Bajaj Finance shares jumped by 5%, making it one of the top gainers in today's trading session, driven by positive market sentiment post the RBI's policy announcement. 🚗 5. Maruti Suzuki Shares Climb Maruti Suzuki's stock price increased by 3%, contributing to the overall uplift in the automotive sector amid favorable market conditions. 💼 6. Expert Stock Picks for the Day Market experts have recommended stocks like MCX, Britannia, Brigade Enterprises, Hindustan Zinc, and UltraTech Cement for short-term gains, anticipating continued market momentum. 📉 7. IndusInd Bank and Tata Consumer Lag Despite the overall market rally, IndusInd Bank and Tata Consumer Products experienced declines, indicating sector-specific challenges. 💰 8. Coal India Shows Steady Performance Coal India shares traded at ₹399.05, reflecting a slight increase of 1.06% today, maintaining a steady trend amid market fluctuations. 📈 9. Stocks Under ₹100 in Focus Analysts have highlighted stocks like Shriram Properties, Subex, Sagility India, Ujjivan Small Finance Bank, YATRA, and Ugar Sugar as potential buys under ₹100, suggesting opportunities for budget-conscious investors. 🏦 10. HDFC Bank Maintains Stability HDFC Bank's stock remained stable, reflecting investor confidence in the banking sector's resilience amid policy changes.

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