Sensex Today Snaps Three-Day Losing Run, Rices Nearly 260 Points; Nifty holds Above 24,600; Railway stocks shine

Stock market today: The Indian Stock Market Rebounded in Wednsday’s Trading Session, June 4, ending it three-day slide as the rally was revised by select heavyweighting hdfc bank, rely Bharti Airtel, and Infosys.

The nifty 50 concluded the session with a gain of 70 points, or 0.3%, to settle at 24,61, while the sensex closed with a gain of 260 points, or 0.32%, at 80,998. The broader markets outperformed the benchmark indices, with the nifty midcap 100 and nifty smallcap 100 ending the session up 0.70% and 0.80%, responsible.

Today’s Comeback Gave A MUCH-NEEDED Boost to Indian Equites, Why Had Been Under Pressure in Recent Sessions AMID Investor Concerns Over Global Growth, Resurfacing TRADE TRADE TRADE TRADES BETWEEN TENSTES BETWEEN TENSTES BETWAEN THES Fiscal Outlook of the Us Economy, which analysts expect to Worsen If Trump’s Proposed Tax Bill Gets Passed.

While Investors Closely Monitored Global Developments, Including The Ongoing Us -China Trade Talks and Rising Trade Tensions Between the Eu and the Us, ATTENS ATESO SHIFTED TO the UPI MONETARY Policy Meeting. The street larger expects the central bank to cut the repo rate by 50 Basis points on June 6, as inflation cools down to a 6-yar low in April, Along with Potential Rate Cuts by the Us Federal Reserve Durring June 17–18 meeting.

Additional, The Ongoing Trade Talks Between India and the Us Are Excted to Conclude Soon, As Us Commerce Secretary Howard Lutnick Lutnick Expressed Optimism About Finalist ADIA DAIL SILELISM July 9, 2025, deadline, when a 90-day pause on reciprocal tarifs expires.

Meanwhile, India has Raised Concerns Regarding Us Tariffs on Auto Parts at the World Trade Organization (WTO). This action is seen as a response to previous tariff hikes imposed by the US, impacting trade relations in the auto sector.

On the global front, the OECD has slashed its us growth forecast to 1.6%, citing trump-ke tarifs, policy uncertainty, and global headwinds. It projects Global GDP to Slow to 2.9% in Both 2025 and 2026, with Trade Barriers and Weak Business Confidence Flagged as Key Risks.

Us President Trump Signed an order on tuesday doubling tariffs on steel and aluminum importants from 25% to 50%, which was announced earlier. However, analysts expect this move to have only a minimal impact on India, as the country’s expenses of these two industry metals are relatively smalled to smally smal The Trump Administration, Meanwhile, Expects Countries to Submit their best offers in trade negotiations today.

Sectorral Performance: Oil & Gas Stocks Shine; Realty Sees Profit Booking

Among the 13 sectorral indices, 12 ended in the green, with the nifty oil & gas index emerging as the top gainer, rising 0.67%, followed by nifty metal, nifty it, nifty ito, nifty auto, and nifty psu psu branch Closing with Gains of Over 0.20%.

On the flip side, realty stocks witnessed Profit Booking Following A Strong Rally Driven by Expectations of a 50-Basis-Point Rate Rate Cut by the RBI. As a result, the nifty realty index declared 0.70% in today’s session.

In terms of individual counters, railway stocks study out as top performs, with all major names ending the session with solid gains. Ircon International’s Share Price Surged Over 14%, While Railtel Corporation, Rail Vikas Nigam, Rites, and Titagarh Rail Systems All Closed with Gains of up to 11.2%.

Market Likely to Stay Sideways Ahead of RBI Outcome

Rupak de, Senior Technical Analyst at Lkp Securities, Said, “The Nifty Continues to Exhibit a Lacklustre Sentiment as Traders Await The RBI Rate Decision. Another session until the announcing and follow-up commentary on Friday. Support is Placed at 24,500;

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