Sensex, Nifty 50 End Flat AMID Profit Booking in Financials, Realty; It stocks outperform

Stock market today: Domestic Benchmark Indices Were Little Changed In Trading Session as Investors Locked Gains in Financials, Whoch Saw a Stellar rally in Recent Sessions, Whilel The Realty Stocks Also Saw Profit-Taking from Investors. The it stocks, however, managed to beat the market amid global trade hopes.

The nifty 50 ended the session at 25,105, A 0.01% Drop, While The Sensex Settled 72 Points, OR 0.07%, Lower at 82,372 Points. Broader Markets also Pauses, with the Nifty Midcap 100 and Nifty Smallcap 100 Indices Eking Out Minor Gains.

In terms of individual stocks, Major Adani Group Stocks Ended The Session positively, with adani power emerging as the top Gainer, rallying 7%. Other Stocks Including Reliance Power, Jindal Saw, Alok Industries and 21 other counters from the nifty 500 pack ended with gains of over 2.5%.

Mutual Fund Inflows Dropped to a 13-month low in May, Marking the fifth Consecurable Monthly Decline, with Large-, MID-, and Small-Cap Funds All REPORTING All REPORTING All Reporting Inflows.

On the economy front, the reserve bank of India (RBI) Announced it will discontinue Daily variable rate repo (VRR) Auctions Auctions Starting June 11, 2025, Due to a Liquidity Surplus in the Banking System Reaching approximately 3 Lakh Crore.

Commerce and Industry Minister Piyush Goyal Has Called China’s Rare Earth Export Restrictions A Global “Wake-Up Call,” Highlighting the risks of over-revances on a Single Supplier, Asna Controls 60% of rare earth production and 90% of refining.

Speaking in Switzerland, He Warned of Short-Term Disruptions for India’s Auto and White Goods Sector Due to the CURBS, which mandate special experts Magnets.

Meanwhile, high-level us-china trade talks began in longon on monday and weight to continue today, as both sides sought to shore up a fragile truce in a dispute Restrictions on rare earth elements. Last Week, Us President Donald Trump said that heland a phone call with his chinese counterpart, xi jinping. Previous, the two countries accused each other of Violating their Preliminary Trade Deal.

Investors are also looking ahead to us inflation data due to this week for insights into the federal reserve’s monetary policy path.

Sectorral Performance: Realty Stocks Drag, It Pack Shines

Among 13 Major Sectoral Indices, five close in the red, with the nifty realty index emerging as the top loser, dropping 1.14% as investors continued to exit real estate stocks after a Recent sharp Banking stocks, especially psus, also when safe-booking, causing the nifty psu bank index to lose 0.52%. The nifty bank, too, ended 0.37% lower.

On the UPSIDE, it stocks outperformed on optimism over the ongoing us-china trade talks. Other Gainers Included The Nifty Media, Pharma, Metal, FMCG, and Consumer Durables Indices, All Closing Up Over 0.31%.

Commenting on Today’s Market Performance, Vinod Nair, Head of Research, Geojit Investments Limited, Said, “Domestic Equity Benchmarks Traded With With Investors Adopted AS Approach Following The Recent Rally Driven by Favourable Domestic Macroeconomic Indicators and Concerns over Stretched Valuations. Around Us-China Trade Negotiations

UPTREND in Nifty will continue as long as it holds Above 24,850, Says Expert

Rupak de, Senior Technical Analyst at Lkp Security, Said, “The nifty has sustained about the previous consolidation zone on the daily timeframe, indicating a contingence of the ups Is Likely to Persist, and the Sentiment Favors Long Trades as Long as the Index Remains Above The Key Support Level of 24,850. For an extended rally if it breaks decisively above 25,350.

Disclaimer, The views and recommendations giving in this article are that of individual analysts. These do not represent the views of Mint. We Advise Investors to Check With Certified Experts Before Taking Any Investments Decisions.