KKN Gurugram Desk | The Indian stock market opened on a strong note today, Thursday, June 5, 2025, with both benchmark indices — Sensex and Nifty 50 — showing positive momentum despite mixed global cues.
As of 10:05 AM:
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BSE Sensex surged by 377 points to reach 81,375.
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NSE Nifty 50 gained 114 points to trade at 24,735, crossing the 24,700 mark with confidence.
The rally was led by robust buying in select frontline stocks, particularly from the financial and tech sectors.
Early Market Opening at 9:15 AM
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Sensex opened at 81,196, up 197 points from the previous close.
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Nifty 50 began trading at 24,691, up by 71 points, indicating strong initial sentiment across sectors.
The momentum came despite earlier concerns about a flat to cautious opening due to mixed signals from global markets.
Top Gainers and Losers
At the opening bell:
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Eternal Ltd. led the gains on the Sensex, jumping 4.64%, making it the top-performing stock on the index.
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Maruti Suzuki, on the other hand, was among the top losers, slipping by nearly 1% due to concerns over declining rural demand and margin pressures.
Global Market Cues Influencing Indian Indices
Asian Markets:
Asian shares showed mixed performance in early Thursday trading:
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Nikkei 225 (Japan) fell by 0.39%,
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Topix dropped 0.63%,
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KOSPI (South Korea) rose by 0.75%,
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KOSDAQ gained 0.28%,
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Hang Seng futures indicated a flat start.
The mood was cautious as investors digested mixed overnight data from the U.S. and concerns over China’s growth.
U.S. Markets Overnight:
Wall Street ended mixed on Wednesday amid disappointing labor market data:
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Dow Jones slipped 91.90 points (-0.22%) to close at 42,427.74,
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S&P 500 edged up marginally by 0.01% to end at 5,970.81,
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NASDAQ Composite climbed 0.32% to settle at 19,460.49.
Key Movers:
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Tesla stock dropped 3.5% amid slowing deliveries data.
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NVIDIA rose 0.5% on continued AI demand optimism.
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Hewlett Packard Enterprise gained 0.8%,
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GlobalFoundries surged 2.3% after a strong earnings outlook.
GIFT Nifty Hints at Flat-to-Positive Start
As of early Thursday, GIFT Nifty was trading around 24,731, just 2 points above the previous Nifty Futures close, suggesting a cautious yet stable start for the Indian market.
Recap: June 4 Market Performance
Indian equities on Wednesday (June 4) broke a three-session losing streak, closing on a positive note:
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Sensex added 260.74 points (0.32%) to close at 80,998.25,
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Nifty 50 rose 77.70 points (0.32%) to settle at 24,620.20.
The gains were largely driven by auto and IT stocks, supported by improved domestic institutional investor activity.
U.S. Job Data and Impact on Global Equities
The latest ADP National Employment Report revealed that U.S. private payrolls rose by only 37,000 in May, the lowest in over two years. This was significantly below economists’ expectations of a 110,000 gain and suggests that the U.S. labor market is cooling.
The news led to volatility in U.S. indices, with bond yields dipping and expectations rising that the Federal Reserve may consider a rate cut if economic softness persists.
Sectoral Trends in Indian Markets
As trading picks up pace, these trends are emerging:
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Financials and IT stocks are leading gains.
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Auto sector is mixed, with pressure on select stocks like Maruti.
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Real estate and FMCG indices are trading flat to slightly positive.
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Metal stocks are under mild profit-booking.
Investor Outlook and What to Watch
Key Triggers Today:
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India’s services PMI data
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Movement in rupee vs USD
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Crude oil prices and bond yields
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Stock-specific news in IT, infra, and banking
Expert View:
Analysts expect the market to remain range-bound with a positive bias, supported by macro stability, strong corporate earnings, and the post-election policy clarity expected soon.
As of mid-morning trade on June 5, 2025, the Indian stock markets have bucked early global uncertainty to post solid gains, driven by investor optimism, select stock performances, and resilience in key sectors.
Whether the rally sustains through the day will depend on institutional flows, mid-day global updates, and sector-specific developments.
Stay tuned with KKN Live Markets for real-time stock updates, expert insights, and closing bell coverage.
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