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June 8, 2025 at 10:14 AM
*📈 RBI Policy Boosted Market Sentiment!* 🔸 Equity benchmarks resumed their uptrend after a two-week breather, with Nifty closing at 25,000, up 1%. 🔸 Broader markets outperformed again, gaining 3% each. 🔸 Rate-sensitive sectors, such as realty and BFSI, led the charge, followed by defence and metals. 🔸 Nifty rebounded from 24,500 as the 50 bps repo rate cut lifted sentiment. 🔸 Bank Nifty hit a fresh all-time high after a six-week pause. *🔍 What to Expect* 🔸 The shallow correction followed by a rebound confirms the ongoing bull market. 🔸 Nifty is likely to test 25,100 and may head towards 25,500. 🔸 Any volatility—especially from geopolitical cues—should be seen as a buying opportunity. 🔸 Support remains firm at 24,500. *📊 Broader Market* 🔸 Nifty500/Nifty100 ratio continues to rise, reflecting strong breadth. 🔸 About 55% of Nifty 500 stocks now trade above their 200-day SMA (vs 30% a month ago)—a positive sign for trend durability. *🥈 Silver* 🔸 Silver broke out of a seven-month consolidation and closed above $35.50 for the first time since 2012. 🔸 Expect the rally to extend to $38 in the coming weeks. *📌 Key Monitorable* 🔸 US & India inflation data 🔸 FII inflows 🔸 Weakening USD index and Brent crude 🔸 India–US Bilateral Trade Agreement Disclaimer: bit.ly/full-disclaimer
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