Both the benchmark indices ended Monday's trading session on a positive note, supported by gains across banking, IT, and FMCG stocks. The BSE Sensex rose by 256.22 points or 0.31% to close at 82,445.21, while the NSE Nifty gained 100.15 points or 0.40% to settle at 25,103.20.
The most active stock on the NSE incuded, Bajaj Finance (BAJFINANCE), Multi Commodity Exchange (MCX) also saw strong activity with 7 lakh shares traded. Cochin Shipyard (COCHINSHIP) and Capri Global Capital Ltd (CGCL) were among othes
Given a dovish RBI and strong global cues, Indian markets began Monday with significant momentum. While the Nifty 50 started over 25,160, the BSE Sensex began the week at 82,574. Thanks to strong confidence in the financial sector, the Bank Nifty soared beyond 57,000 and to a record high of 57,049.50. The strength was reflected in the broad-market indices, which saw mid- and small-cap indices rise by about 0.6% each. With dovish central bank signals, easing deflationary worries in China, and improving mood toward global trade, today's session saw broad-based equity advances across the Asian market. While CPI inflation will be keenly monitored, market investors will be looking for further cues in key macroeconomic data going forward. The stocks that will probably be the subject of attention on Monday include Asian Paints, Suzlon Energy, BEL, M&M, HDFC Bank, and RailTel Corporation of India.
LIVE Feed
Jun 09, 2025, 2:51 pm IST
Birla Estates Secures Financial Investment of INR 420cr From International Finance Corporation (IFC)
Birla Estates Private Limited (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), announced signing of agreements for an investment from International Finance Corporation (IFC), a member of the World Bank Group. This investment underscores Birla Estates’ commitment to delivering sustainable and superior real estate developments across India. The investment, approximately USD 50 million (INR 420 crores), will be directed towards two of Birla Estates’ key developments: with approx. INR 148 crores in Birla Estates’ Manjri project (Pune) having approx. 3.13mn sq. ft saleable area and approx. INR 272 crores in Birla Estates’ Thane project with approx. 6.43mn sq. ft saleable area.
Jun 09, 2025, 2:50 pm IST
Bank Nifty Hits Record High: Kotak Mahindra, Federal, Axis, Bandhan, PNB, AU Small Finance Among Top Gainers
Banking stocks continued their strong upward trend on Monday, driven by investor enthusiasm following the Reserve Bank of India's (RBI) announcement on June 6 to cut both the repo rate and the Cash Reserve Ratio (CRR). Nifty bank stocks surged, driving the Bank Nifty to an all-time high of 57,049 in early trade. This was the first time the index went above 57,000. It was also the second consecutive day the index set a new record, following Friday's high of 56,695.
Bharti Airtel and Ericsson Partner to Manage Pan-India Network
Bharti Airtel has been awarded a multi-year agreement with Ericsson to bolster its pan-India 4G and 5G network capabilities. This strategic partnership will see Ericsson not only manage Airtel's network operations through its advanced operations center but also work towards enhancing the overall network performance and customer experience.
Separately, Airtel is also collaborating with Google to provide its users with complimentary cloud storage.
Jun 09, 2025, 1:52 pm IST
Stock Market LIVE Update: Top Gainers & Losers
Jio Financials, Bajaj Finance, Trent, Axis Bank and adani Entertainment are the top nifty gainers. These stocks are up by over 2%.
While, ICICI Bank, HDFC Life, Mahindra & Mahindra (M&M), Titan, and Ultra cement are the top nifty losers at at 1.50 pm.
Jun 09, 2025, 1:02 pm IST
Poonawalla Fincorp Launches Industry-First 24/7 Fully Digital Business Loans for MSMEs
Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted NBFC focused on consumer and MSME lending, launched Business Loan 24/7, an industryfirst digital loan solution backed by a pioneering digital risk assessment model tailored for micro, small, and medium enterprises (MSMEs). This innovative offering provides instant approval with a risk-first approach and flexible repayment options.
Jun 09, 2025, 12:55 pm IST
One Point One Solutions Acquires Majority Stake in Techscient.AI
One Point One Solutions has announced it's acquiring a majority stake in Techscient.AI through a recently executed securities subscription and purchase agreement. This strategic acquisition, detailed in an exchange filing, significantly expands One Point One Solutions' capabilities and market presence, particularly in artificial intelligence.
Jun 09, 2025, 12:48 pm IST
JSW Steel producton reached 22.73 lakh tonnes in May 2025
JSW Steel reported consolidated Crude Steel production for the month of May’25 at 22.73 Lakh tonnes. The May month Consolidated Crude Steel production was higher by 8% YoY and the year-to-date growth in Crude Steel production was 13%.
Jun 09, 2025, 12:38 pm IST
MCX Gold and Silver Futures Update
Gold futures on the Multi Commodity Exchange (MCX) maturing on August 5 have declined by 0.25%, trading at Rs 96,790 at 12.35 pm. In contrast, silver futures expiring on July 4, 2025, have gained 0.57% and are currently priced at Rs 1,06,058.
Jun 09, 2025, 12:35 pm IST
Gold Price update
Gold prices in India declined for the second time in four days on Monday, June 9, while silver rates remained unchanged. This price stability comes as a new round of US-China trade talks gets underway.
The price of 24 karat gold fell slightly, nearing Rs 95,000 per 10 grams. Meanwhile, 22 karat gold was priced at Rs 89,550 per 10 grams, and 18 karat gold stood at Rs 73,270 per 10 grams.
Jun 09, 2025, 11:59 am IST
Stock Market Live Updates: Hyundai Motor India Shares Surge on Strong Export Outlook
Hyundai Motor India shares jumped nearly 7% on June 9, reaching a new all-time high. This marks the stock's biggest single-day gain in nearly 11 weeks. The surge followed the company's optimistic export guidance, projecting a 7–8% growth in overseas shipments from India. The stock has now rallied for four straight sessions, gaining around 9% since June 2.
Jun 09, 2025, 11:39 am IST
Stock Market Live Updates: Sensex Above 82,000, Nifty Over 25,000 Mark
Sensex is above 82,000, meanwhile Nifty hits 25,000 Mark on Monday.
Jun 09, 2025, 11:01 am IST
Stock Market Live Updates: Bajaj Finance Stock Soars 5% on Monday
Bajaj Finance Ltd, a leading NBFC under the Bajaj Finserv Group is renowned for its wide range of financial products, including consumer durable loans, personal loans, SME lending, and wealth management services. On June 9th at 10:55 AM, the stock is trading at Rs 9,693.50, marking a sharp gain of Rs 322.00 or 3.44% for the day.
Jun 09, 2025, 10:32 am IST
Stock Market Live Update: Suzlon Energy Shares Rise 2% as Promoters Sell Rs 1,309 Crore in Block Deal
Suzlon Energy’s share price surged by up to 2% in Monday’s trading session, reaching Rs 68.10 per share, following reports that promoters sold shares worth Rs 1,309 crore through a block deal.
Jun 09, 2025, 9:50 am IST
Morning market movement highlights by Akshay Chinchalkar, Head of Research, Axis Securities
The Nifty ended above 25000 on Friday, as sentiment was boosted by RBI's actions that included a larger-than-expected 50 bps cut to the repo rate and a 100 bps cut to the cash reserve ratio (CRR). Technically speaking, Friday's jump was able to negate the prior day's somewhat "weak" close, and earlier, the test of 24672, which we had mentioned, held successfully. Getting past 25116 is the only thing that bulls need to do from hereon, and a break of 25260 will open the doors toward 25800 based on the pennant that seems to be complete. For the day, resistance and support lie at 25120 and 24820 respectively. Asian equities are a tailwind for today.
Nifty appears ready for a breakout aiming 25460-26200 objectives that we have been eying for the last fortnight. That said, neither has Bollinger band widened, nor has momentum indicators started showing strength to support a vertical rise. This reluctance is reflected in the lag when compared to broader market. We will hence not be chasing prices right away, but instead wait for a pull back that will hopefully end before 24863. Major downside marker may be placed at 24640.
Jun 09, 2025, 9:25 am IST
Market Outlook Today By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
The monetary bazooka fired by the RBI on Friday will keep the market spirits alive in the near-term. But this is not sufficient to sustain the rally triggered on Friday. More important is the trend in earnings growth. Q4 results indicate better earnings growth for midcaps. But large and small caps continue to struggle.
FY 26 earnings are unlikely to reach mid teens, which is necessary for the market to remain resilient and move up.
Market needs signs of revenue and earnings acceleration to move up. In the absence of such indicators the present Nifty range is likely to move up marginally to 24500 -25500. Ample liquidity can support the downside but earnings concerns will cap the upside. Weak US and Chinese macro data is favourable for emerging markets like India.
Jun 09, 2025, 8:31 am IST
Bank Nifty Prediction Today By Om Mehra, Technical Research Analyst, SAMCO Securities
The index holds above all major moving averages, indicating a sustained uptrend. The daily Bollinger Bands are expanding on the upper side, suggesting that the current rally has more room to extend. The daily RSI remains steady at 67, maintaining its position in a strong bullish zone without exhibiting signs of exhaustion. The resistance lies at 56,900, followed by the psychological mark of 57,000. On the downside, the support base has moved higher to 56,200. As long as the 56,000 level holds, the broader outlook remains constructive, favoring a buy-on-dips strategy.
Jun 09, 2025, 8:30 am IST
Nifty Prediction Today By Om Mehra, Technical Research Analyst, SAMCO Securities
The index is now comfortably positioned above its 9 EMA, with the widening gap from the 20 EMA offering an additional cushion for any short-term pullbacks. The daily RSI has bounced back above the 60 mark, aligning with the earlier positive divergence and confirming strength in momentum. The resistance is seen near 25,120, and a sustained move above this could pave the way for further gains in the coming week. On the downside, support has shifted towards 24,880–24,900, which now acts as a buy-on-dip zone.
Jun 09, 2025, 8:13 am IST
Bank Nifty Derivatives Snapshot By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The options data paints a bullish picture, with aggressive put writing seen at near-the-money strikes and a visible shift by call writers to higher levels—indicating a transition from bearish to bullish positioning. The 57,000 strike holds the highest open interest on the call side with 11.35 lakh contracts, establishing it as the immediate resistance. On the flip side, the 56,500 strike has seen strong put writing, with 7.12 lakh contracts added—solidifying its role as a key support zone. The Put-Call Ratio (PCR) has climbed from 0.79 to 0.98, reflecting reduced bearish sentiment and growing bullish traction. The Max Pain stands at 56,000, indicating a high probability of expiry settling near current market levels.
Jun 09, 2025, 8:13 am IST
Bank Nifty Outlook Today By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
On the daily timeframe, the index broke above its consolidation band of 55,000–56,000 and continued to exhibit a robust higher-high, higher-low price structure. RBI’s aggressive policy stance has reignited sentiment in the banking sector, and the liquidity injection is expected to benefit lenders across the board. As long as the index sustains above 56,130, the outlook remains constructive. A breakout above 56,700 could trigger a fresh round of short-covering, potentially driving the index toward the 57,200 mark. Conversely, any weakness will only emerge below the 56,130 support. Until then, corrections are likely to be short-lived and should be viewed as opportunities to initiate fresh long positions. Momentum indicators also favor continued upside, with the RSI climbing steadily and approaching the 65 level—signaling underlying strength and sustained buying interest. With the recent breakout validating bullish control, the broader tone remains positive, and a ‘buy-on-dips’ approach remains prudent as long as key supports hold firm.
Jun 09, 2025, 8:13 am IST
Nifty Derivatives Snapshot By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
Options data is reinforcing bullish undertones, with aggressive put writing observed at near-the-money strikes. Meanwhile, call writers are repositioning at higher levels, indicating a shift in sentiment from bearish to bullish. The 25,500 strike currently holds the highest open interest on the call side, with 82.20 lakh contracts—marking a notable resistance area. On the put side, the 25,000 strike has seen substantial additions of 65.89 lakh contracts, establishing it as a strong support zone. The Put-Call Ratio (PCR) has climbed from 0.79 to 0.97, indicating a marked reduction in bearish bets and a growing bullish bias. Max Pain stands at 24,900, suggesting that participants expect the index to expire near current levels.
Jun 09, 2025, 8:13 am IST
Nifty Outlook Today By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
On the daily timeframe, the index breached its prior consolidation band of 24,475–24,900 and broke out of a symmetrical triangle pattern, adding further confirmation to the bullish trend. Supporting the bullish sentiment, the FPI long-short ratio has dipped to a two-month low, signaling oversold conditions and the possibility of more short covering ahead. As long as the Nifty sustains above 24,875, the outlook remains constructive. A decisive close above 25,100 could further accelerate the rally, potentially propelling the index toward the 25,350 mark. Conversely, any weakness would only emerge below 24,800, and until then, every dip remains a buying opportunity. Momentum indicators are echoing the strength, with RSI exhibiting a hidden bullish divergence and hovering near the 60-mark—pointing to a renewed uptrend. With the breakout in place, market tone has turned decisively bullish, favoring a 'buy-on-dips' strategy as long as critical supports remain intact.
Click it and Unblock the Notifications
Sign in with Google