Share Market Highlights 6th June 2025: Sensex jumps 747 points as RBI cuts repo rate by 50 bps; realty, bank, auto stocks surge

Sensex, Nifty, Share Price Highlights: Benchmark equity indices surged on Friday, after the RBI cut interest rates by more-than-expected 50 basis points — a third consecutive reduction — and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92%, to settle at 82,188.99. The 50-share NSE Nifty reclaimed the 25,000-level and climbed 252.15 points, or 1.02%, to settle at 25,003.05. With the latest reduction, the RBI has cut interest rates by a total of 100 basis points in 2025, starting with a quarter-point reduction in February — the first cut since May 2020 — and another similar-sized cut in April. The central bank, at the same time, changed its monetary policy stance to “neutral” from accommodative, with Malhotra saying further action will depend on incoming data. From the Sensex firms, Bajaj Finance surged 4.93% and Axis Bank climbed 3.15%. Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards. Read More | Source: The Hindu Business Line