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Capital Markets surge amid rate cut buzz
Orissa POST
|June 06, 2025
Benchmark equity indices Sensex and Nifty rallied for the second day Thursday, driven by buying in blue-chip stocks ICICI Bank and Reliance Industries amid fresh foreign capital inflows.
Besides, expectations of another interest rate cut in the RBI policy Friday supported market sentiment, traders said. After gaining over 900 points in the session, the 30-share BSE Sensex succumbed to profit booking to close 443.79 points or 0.55 per cent lower at 81,442.04. During the day, it jumped 912.88 points or 1.12 per cent to 81,911.13.
As many as 2,257 stocks advanced while 1,725 declined and 147 remained unchanged on the BSE.
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