Finance
Stock Market close highlights, Thursday, June 5, 2025: Following a lacking start, Indian market benchmark indices rallied sharply on expectations of future interest rate cuts by the Reserve Bank of India, as well as increases in pharmaceutical and real estate firms. In addition, falling US Treasury yields and a weak currency improved investor enthusiasm.
After reaching an intraday high of 81,911, the Sensex closed at 81,442, up 443.79 points, or 0.55 percent. The Nifty50 closed at 24,750.9 levels, up 130.7 points or 0.53%.
In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices closed with gains of 0.65% and 0.96 percent, respectively.
On the sectoral front, the Nifty Realty, Pharma, and Healthcare indexes were the top gainers, up 1.75, 1.28, and 1.07 percent, respectively. Nifty Metal, IT, Bank, Energy, Financial Services, and Oil & Gas also closed higher. However, Nifty PSU Bank was down 0.58%, followed by Media and Auto.
Among the Sensex members, 19 out of 30 stocks closed higher, with Eternal, PowerGrid, ICICI Bank, Reliance Industries, UltraTech, and Sun Pharma all up by more than 4%. On the other hand, IndusInd Bank, Axis Bank, Bajaj Finserv, Bajaj Finance, Kotak Mahindra Bank, and Maruti Suzuki were among the 11 Sensex laggards that closed down by up to 1.4% on Thursday.
Meanwhile, the India VIX, which measures market volatility, fell 4.2 percent to 15.08 points.
Source: BS
