Mumbai, June 10, 2025 – Indian equity markets closed on a subdued note today, with the BSE Sensex and NSE Nifty 50 settling flat amid mixed global cues and profit-taking in banking stocks. The Sensex ended at 82,391.72, down 53.5 points or 0.06%, while the Nifty 50 closed at 25,103.20, marginally up by 0.4%. Despite the lackluster performance of benchmark indices, market activity was vibrant, with 137 stocks hitting 52-week highs and 33 touching 52-week lows, reflecting polarized investor sentiment.
Market Overview: A Day of Consolidation
Indian markets opened with cautious optimism, buoyed by global rallies following the Reserve Bank of India’s (RBI) recent 50-basis-point repo rate cut to 5.5% and a 100-basis-point reduction in the Cash Reserve Ratio (CRR). However, profit booking in banking and realty sectors, coupled with uncertainty around US-China trade talks, capped gains. The Sensex swung between an intraday low of 82,240.4 and a high of 82,669, while the Nifty oscillated around the 25,000 mark.
The broader market showed resilience, with the Nifty Midcap100 closing flat and the Nifty Smallcap100 rising 0.14%. Sectoral indices presented a mixed picture: IT stocks rallied, driven by optimism around digital transformation, while realty and public sector banks dragged. “The market is in a consolidation phase after the RBI’s bold rate cut. Investors are reassessing positions amid global trade uncertainties,” said Neha Sharma, Chief Market Analyst at WealthGrow Advisors.
Stocks in Focus: Highs and Lows
The day saw significant activity in individual stocks. A total of 137 stocks, including HDFC Bank, Bajaj Finance, and Reliance Power, hit their 52-week highs, fueled by sector-specific tailwinds. HDFC Bank surged to ₹1,996.30, driven by optimism over loan growth post the RBI’s rate cut. Bajaj Finance soared 4% to a new high after announcing a 1:2 stock split and a 4:1 bonus issue.
Conversely, 33 stocks, including Navkar Builders and Lakshmi Precision, touched 52-week lows, reflecting challenges in certain small-cap segments. “The divergence between stocks hitting highs and lows underscores selective buying. Investors are favoring fundamentally strong companies while shunning weaker players,” noted Anil Gupta, Senior Equity Strategist at MarketPulse Research.
Adani Power was a standout performer, rising 25% to ₹610 per share amid heavy trading volumes, with 3.22 million shares worth ₹194.94 crore changing hands by mid-afternoon. The stock has rebounded 75% from its March low, driven by robust demand for renewable energy.
Analyst Perspectives: Balancing Optimism and Caution
Market experts offered varied takes on today’s performance. “The flat close masks underlying strength in IT and select banking stocks. The RBI’s liquidity measures are starting to support growth-oriented sectors, but global headwinds like US tariffs could pose risks,” said Sharma. The RBI’s CRR cut, set to inject ₹2.5 lakh crore into the system starting September 2025, has bolstered confidence, though concerns over banks’ net interest margins linger.
Gupta added, “The 137 stocks at 52-week highs indicate pockets of bullishness, particularly in banking and consumer finance. However, the 33 stocks at lows highlight vulnerabilities in smaller firms exposed to high valuations or geopolitical risks.” He emphasized the importance of focusing on companies with strong fundamentals and earnings visibility.
Global cues also played a role. The Dow Jones Industrial Average’s recent volatility, driven by US-China trade tensions and Donald Trump’s tariff threats, has kept investors on edge. “Indian markets are resilient but not immune to global shocks. A cautious approach is warranted,” said Priya Menon, Global Markets Analyst at TradeRiser Insights.
Investor Outlook: Navigating a Polarized Market
For investors, today’s market offers both opportunities and challenges. The RBI’s dovish stance and strong domestic GDP growth projections provide a supportive backdrop, but external risks like US trade policies and geopolitical tensions require vigilance. “Stick to quality stocks with robust balance sheets. Sectors like IT, banking, and renewables are likely to outperform in the near term,” advised Sharma.
The record-high Systematic Investment Plan (SIP) inflows of ₹26,688 crore in May 2025 reflect growing retail investor confidence in long-term wealth creation. However, the 22% drop in equity mutual fund inflows signals caution among institutional investors.
Short-term traders may find opportunities in stocks hitting 52-week highs, particularly those with strong technical indicators like HDFC Bank, which trades above its key moving averages with a relative strength index (RSI) of 65.32. Conversely, stocks at 52-week lows may warrant caution unless backed by a clear turnaround story.
Looking Ahead: Key Triggers to Watch
The market’s near-term trajectory will hinge on several factors. Progress in US-China trade talks, domestic corporate earnings, and the pace of RBI’s liquidity infusion will be critical. Additionally, the upcoming IPO of Samay Project Services, set to launch on June 16, 2025, could draw investor interest in the SME segment.
“Expect volatility as global and domestic factors interplay. A disciplined approach, focusing on diversified portfolios and staggered investments, will be key,” concluded Gupta. As the Nifty hovers around 25,000, investors are advised to stay informed and agile in this dynamic market environment.