Mumbai, June 2, 2025 — Indian equity benchmarks opened on a cautious yet steady note this Monday as investors eye the upcoming RBI monetary policy announcement later this week. While Nifty 50 hovered around the 24,600 mark, the Sensex started slightly lower but quickly attempted recovery. Mixed global cues, sectoral rotations, and macroeconomic expectations shaped early trade trends.
📈 Market Snapshot at Open
| Index | Open | High | Low | Previous Close | Current |
|---|---|---|---|---|---|
| Nifty 50 | 24,669.70 | 24,717.55 | 24,526.15 | 24,750.70 | 24,615 |
| Sensex | 81,214.42 | 81,285.85 | 80,654.26 | 81,451.01 | 80,981 |
| Bank Nifty | 55,598.25 | 55,787.10 | 55,400.55 | 55,749.70 | 55,618 |
| FinNifty | 55,598.25 | 55,787.10 | 55,400.55 | 55,749.70 | 26,322 |
| Midcap Nifty | 12,693.15 | 12,764.80 | 12,643.00 | 12,712.20 | 12,721 |
| Bankex | 63,034.42 | 63,093.64 | 62,674.46 | 63,154.98 | 63,007 |
🔥 Trending Themes on Dalal Street
1. RBI Policy Buzz
With the Reserve Bank of India’s Monetary Policy Committee set to meet this week, traders are adopting a wait-and-watch stance. There is widespread speculation on whether the RBI will pivot slightly dovish due to global inflation cooling and domestic economic resilience.
2. Midcap Momentum Continues
The Midcap Nifty index maintained bullish undertones despite broader volatility. Stocks from sectors like auto ancillaries, capital goods, and chemicals are seeing continued investor interest due to strong Q4 earnings and guidance.
3. Banking Stocks Mixed
While Bankex and Bank Nifty opened on a muted note, early intra-day recovery signals potential momentum if the RBI maintains accommodative tones or hints at rate moderation.
4. Sensex Struggles Below 81,000
Heavyweights in FMCG and IT dragged the index lower, with profit booking evident in TCS, HUL, and Infosys. However, a strong showing in Reliance Industries and select PSUs provided some cushion.
🌍 Global Market Influence
Overnight cues from Wall Street were largely flat, with the Nasdaq slipping slightly amid concerns around AI stock valuations. Asian markets also displayed subdued trends as investors braced for US non-farm payrolls data and Japan’s GDP figures.
💬 Expert View
“We are likely to witness range-bound action in the first half of the week. Much will depend on the RBI tone and liquidity guidance. Traders should focus on stock-specific opportunities rather than broad indices,” said Rakesh Sharma, Senior Analyst at EquityPoint Securities.
📊 Sectoral Trends
| Sector | Trend | Highlights |
|---|---|---|
| Auto | 🔼 Positive | EV-related stocks gaining traction |
| Banking | ⚖️ Mixed | PSU Banks stable, private banks sluggish |
| IT | 🔽 Negative | Global headwinds weigh on large caps |
| FMCG | 🔽 Weak | Profit booking post strong May run-up |
| Infra & Capital Goods | 🔼 Bullish | Strong order inflows keep up momentum |
🧠 Retail Trader Insights
Retail investors are advised to maintain stop-losses given the elevated index levels and upcoming macro events. Volatility could pick up ahead of the RBI commentary. Stock pickers might focus on midcaps with strong fundamentals, especially in manufacturing and renewable segments.
🧾 Market Strategy for Today
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Short-Term: Watch for intraday dips in large banks as opportunities to accumulate.
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Medium-Term: Keep an eye on RBI guidance—an accommodative stance could re-rate rate-sensitive sectors.
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Long-Term: Auto, capital goods, and select PSUs remain favorites based on earnings visibility and government focus.
📌 Conclusion
Indian equities opened the week with mild weakness but firm undertones, reflecting global cautiousness and domestic policy anticipation. The stage is set for a data-heavy week, and market participants should keep their eyes on global cues, crude oil prices, and central bank signals.
⚠️ Disclaimer: This report is for informational purposes only and not a recommendation to buy or sell.
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
