Live: After RBI's Policy Bazooka, can Nifty Eye 25,500? |Open the bell
Sensex and Nifty scored positive returns last week, beating their two-week winning streak. Nifty closed the 25,000 mark by scoring 252 points in his final session, marking its highest closure since May 16, 2025. Among the wider index, the Nifty Small Cap achieved a height of five months and reached five months. On the divisional front, real estate, automobile and bank indexes appeared as Top Gaines. In a surprising move, RBI announced a 50 basis point rate reduction along with a 100 basis point CRR cut, but changed its policy posture from “adjusted” to “neutral.” Going forward, the market will monitor India's CPI inflation data scheduled for June 12th. The global clues were positive this morning. US stock futures were flat in early trade after a good climb on Friday. The Asian market also launched the day with a healthy note as it is expected that trade talks between China and the US will take later. Catch Lovisha Darad in a conversation with Rajesh Palviya, Senior Vice President Research (Head Technical and Derivatives) at Axis Securities and market expert Ambareesh Baliga.
