Latest after the Bell 🕓 4.00 PM – Wednesday, 04 June 2025 ➡️Indian benchmark indices rebounded after a three-day losing streak, recovering from a three-week low amid positive global cues. Investors are eyeing the RBI’s upcoming policy decision, with expectations of a 25 bps rate cut to 5.75%, supported by easing inflation and strong GDP growth. Sectorally, Realty underperformed, slipping nearly 1%, while telecom, metal, media, IT, and oil & gas gained 0.5–1%. The market’s tone remains cautiously optimistic ahead of the central bank’s rate stance. NIFTY (24620.20) (0.32%) SENSEX (80998.25) (0.32%) BANKNIFTY (55676.85) (0.14%) Key Takeaways ✅Adani Airports Holdings Ltd (AAHL) secured $750 million via external commercial borrowings from international banks, including First Abu Dhabi Bank, Barclays, and Standard Chartered. The funds will refinance existing debt and enhance infrastructure across six airports: Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram. AAHL aims to triple its passenger capacity to 300 million annually by 2040, with Navi Mumbai International Airport contributing significantly. ✅Sun Pharma Advanced Research Company (SPARC) shares plummeted 20% to ₹156.50 on the BSE after its psoriasis and atopic dermatitis drug, Vibozilimod (SCD-044), failed to meet primary endpoints in Phase 2 trials. This setback raises concerns about SPARC's specialty drug pipeline. Additionally, a surprise FDA inspection at Sun Pharma’s Halol facility added to investor unease. ✅Walmart-owned Flipkart sold its entire 6% stake in Aditya Birla Fashion & Retail Ltd (ABFRL) via a ₹582 crore block deal. Approximately 7.6 crore shares changed hands at ₹81 per share, leading to an 11.5% drop in ABFRL's stock price to ₹76.10 on the BSE. Goldman Sachs facilitated the transaction, marking Flipkart's strategic exit from the fashion retailer. ✅The National Company Law Appellate Tribunal (NCLAT) suspended the National Company Law Tribunal's (NCLT) May 30 order admitting Reliance Infrastructure into insolvency proceedings. This decision provided significant relief to the Anil Ambani-led company, leading to over 10% surge in its shares. Reliance Infra had appealed the NCLT's order, asserting that it had settled the ₹92.68 crore claim involved in the dispute. ✅Jefferies projects a turnaround in India's cement sector in FY26, driven by a price recovery in South India, easing competition, and rising demand. The brokerage highlights Ultratech Cement, Shree Cement, and JK Cement as top picks due to strong earnings momentum. In Q4 FY25, the sector's EBITDA grew 11% year-on-year and 67% sequentially, supported by firming prices and steady volume growth. Systematix Research projects 6–7.5% demand growth in FY26. New 52-week Highs ✔️GRSE (3356.50) (6.54%) ✔️GlaxoSmithKline (3435.00) (5.85%) ✔️APL Apollo Tubes (1900.00) (4.65%) ✔️Lloyds Metals (1494.00) (3.60%) ✔️SBI Cards (942.05) (2.81%) ✔️ NIFTY50 Adv-Dec 32 / 18 ✔️ INDIA VIX 15.75 (-4.89%) ✔️ Nifty PCR (05 JUN) 0.60 ✔️ Bank Nifty PCR (26 JUN) 0.78 ✔️ Nifty Midcap (0.71%, 57924.65) ✔️ Nifty SmallCap (0.79%, 18257.10) ✔️ Nifty IT (0.33%, 36938.10) Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.