Published on 06/06/2025 09:33 AM
Indian equities in Friday's session ahead of the key RBI monetary policy outcome today (June 6, 2025) opened little higher. At the open, the Nifty50 index opened marginally higher by 0.02 per cent or 5.35 points at 24,756.25, while the Sensex declined 30 points or 0.04 per cent to 81,412.
Meanwhile, the Bank Nifty index also was down by 36 points to 55,723.9 levels.
From the broader markets, both the smallcap and midcap stocks showed positive move defying larger market trend.
Within the Nifty50 pack, top gainers included stocks like Dr. Reddy's Laboratories, NTPC, ONGC, Hindalco and Tata Consumer Products, while laggards were Tata Steel, Trent, Apollo Hospitals, Tata Motors and Bajaj Finserv.
Ahead of the RBI MPC, rate-sensitive stocks such as banking, realty and auto posted positive gains with the Realty index outperforming with gains of up to 0.8 per cent. However, other indices including the likes of IT, media, financial services, pharma and private banks showing profit booking.
Mahindra & Mahindra Financial Services: Right issue of the company will close today. The company as part of the rights issue will be offering 1 share for every 8 shares held. Close (Period: 22nd
BEML: BEML's board is slated to meet today to announce final dividend for the fiscal year 2024-25.
Ethos: The company's board meeting is scheduled today to consider the terms of right issue.
Ashoka Buildcon: The company has secured a Rs 1,390 crore order from the Maharashtra's traffic management orders.
Tejas Networks: Tejas Networks- a Tata group company as part of the Production Linked Incentive (PLI) scheme received some incentives.
Asian markets
Most Asian stocks moved flat in Friday's session as inestor awaited for more cues on trade talks between the US as well as China. The key MSCI Asia ex Japan traded 0.26 per cent lower. Among the key Asian stocks, Japan's Nikkei led was up 0.47 per cent even despite a series of soft readings on consumer spending that increased bets that Bank of Japan will not have enough leeway to raise rates further.
Chinese markets, meanwhile, were enthused after US President Donald Trump flagged a positive call with Chinese President Xi Jinping.
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