Market Closing Bell: Bulls continue to dominate on bourses as benchmark equity indices Sensex and Nifty rallied for the fourth day on the trot on Monday, June 9, 2025, driven by strong performance by banking and financial stocks and positive sentiments among investors after the Reserve Bank of India's jumbo rate cut.
The 30-share BSE benchmark gauge Sensex climbed 256.22 points or 0.31 per cent to settle at 82,445.21 against the previous close of 82,188.99. During the day, it touched a high of 82,669 and a low of 82,369.24 in the rangebound session. The 50-issue NSE Nifty went up 100.15 points or 0.4 per cent to 25,103.20. It had closed at 25,003.50 in the last trading session. During the day, it hit a high of 24,644.45 and a low of Rs 25,077.15.
Among sectors, all leading sectoral indices, except realty, ended in the green territory, with the Nifty IT gaining 1 per cent and Nifty Metal adding 0.75. However, Nifty Realty fell 0.14 per cent at the end of the session.
The broader markets ended in the green territory, with the Nifty Midcap 100 index and the Nifty Smallcap 100 index adding over 1 per cent to end the session at 16,755.25 and 18,873.40, respectively.
"Financial stocks extended their rally in Indian markets, driven by the RBI’s supportive aggressive policy of rate and CRRA cut. These actions have boosted investor confidence and are expected to enhance liquidity in the near to medium term, especially in midcaps. The positive U.S. jobs data and renewed optimism over U.S.-China trade talks lifted global sentiment. Domestically even large caps expressed renewed momentum led by FIIs inflows," said Vinod Nair, Head of Research, Geojit Investments Limited.
Among Sensex firms, Kotak Bank, Baja Finance, Axis Bank, IndusInd and Power Grid were among the gainers, with Kotak Bank gaining 3.19 per cent to end the session at Rs 2138.50. On the other hand, Eternal, ICICI Bank, Titan, Mahindra & Mahindra and Adani Ports were among the laggards.