Sensex Rises 256 Points, Nifty Surpasses 25,100: Banking and IT Stocks Drive Market Gains
New Delhi โ June 9, 2025 โ The Indian stock markets continued their upward trajectory on Monday, June 9, marking a commendable fourth consecutive session of gains. The benchmark S&P BSE Sensex rose by 256.22 points to close at 82,445.21, while the NSEโs Nifty50 surpassed the 25,100 mark, finishing at 25,103.20, up by 100.15 points.
The bullish performance can be attributed to several factors, including positive global market sentiment ahead of critical US-China trade discussions, robust US job data, and optimism surrounding ongoing US-India trade negotiations. Furthermore, the Reserve Bank of Indiaโs (RBI) proactive monetary policy measures have bolstered investor confidence, fostering a favorable trading environment.
Sectoral Performance
Overall, the broader market also saw significant support, with the Nifty Midcap 100 index increasing by 1.13% and the Nifty Smallcap 100 index gaining 1.57%. In terms of sector performance, all sectors, except for Realty, posted gains. The Nifty PSU Bank index emerged as the top gainer, climbing by 1.52%, aided by strong performances from Bank of India, Maharashtra Bank, Indian Bank, and others.
Energy, IT, and private banking stocks also saw notable gains, each rising by over 1%. Among the individual stocks, Kotak Mahindra Bank and Bajaj Finance led the Sensex gainers, with their shares climbing as much as 3.2%. Other rising stocks included Axis Bank, Bajaj Finserv, and TCS.
Conversely, a few stocks lagged, with losses observed in Eternal, ICICI Bank, Titan, and Adani Ports.
Market Sentiment and Investor Outlook
As trading progressed, the India VIX, often referred to as the fear index, increased by 0.43% to settle at 14.69, indicating a slight uptick in market volatility despite the positive overall trend.
Analysts have expressed a bullish outlook for the markets, emphasizing the importance of selective stock picking in the face of ongoing consolidation in the small- and mid-cap space. "While the uptrend is promising, investors should exercise caution, particularly in segments buoyed by strong liquidity flows and overall market sentiment," advised Ajit Mishra, Senior Vice President of Research at Religare Broking Ltd.
Further confirmation of investor confidence came from Vinod Nair, head of research at Geojit Investments, who noted that the past weekโs positive US employment data and the subsequent global sentiment boost have played a pivotal role in encouraging financial stock rallies.
Conclusion
With the Indian stock market showing resilience and positive movement, investors remain optimistic as they navigate through an environment shaped by both domestic and international developments. As the week unfolds, continued monitoring of global trade discussions and local market trends will be crucial for maintaining this upward momentum.
The overall performance today highlights a robust market outlook rooted in sound fiscal measures and an encouraging global economic backdrop, providing a conducive atmosphere for investment and growth in the Indian equity landscape.