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Stock Market Close Highlights: Sensex, Nifty shrug off Trump's tariff threat in fag-end, end flat

Sensex Today | Stock Market Highlihts on Monday, June 2, 2025: The Nifty MidCap and the Nifty SmallCap indices erased all the gains to end 0.62 per cent and 1.1 per cent higher, respectively

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BSE, NSE, Stock Market, Market

Stock Market Today: Buying in shares of Adani Ports, M&M, Eternal (Zomato), PowerGrid, HUL, Bajaj Finserv aided sentiment

Stock Market Close Highlights Today, June 2, 2025: The domestic stock markets today staged a smart comeback to end mildly lower on Monday. The BSE Sensex index closed at 81,374 , lower by 77 points or 0.09 per cent, bouncing 719 points off the day's low of 80,654. The NSE Nifty50, meanwhile, ended at 24,717, down by 34 points or 0.14 per cent. This index, too, was sharply off the day's low of 24,526.
 
Market mood was downbeat in the early hours of the session after US President Donald Trump announced fresh tariffs on steel imports. The higher tariffs of 50 per cent, versus 25 per cent earlier, are expected to be imposed June 4 onwards. Add to it, renewed tensions between Russia and Ukraine, India's rising Covid-19 caseload, volatility in FII flows, and nervousness ahead of the Reserve Bank of India's (RBI's) monetary policy outcome weighed on the sentiment.
 
Buying in shares of Adani Ports, M&M, Eternal (Zomato), PowerGrid, HUL, Bajaj Finserv, ITC, ICICI Bank, Asian Paints, and Nestle India, however, helped the benchmarks recoup losses. These stocks were up in the range of 0.4 per cent to 2 per cent.
 
Meanwhile, in the broader markets, the Nifty MidCap and the Nifty SmallCap indices erased all the gains to end 0.62 per cent and 1.1 per cent higher, respectively. 
 
Sectorally, the Nifty IT and the Nifty Metal indices were the top losers on the NSE, down 0.7 per cent each, amid Trump tariff threat. On the upside, the Nifty Realty, and the Nifty PSU Bank indices added over 2 per cent each. 
 
3:51 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: The market started the week on a volatile note and ended almost flat, continuing its consolidation phase. It initially opened with a downtick; however, strength in select heavyweights followed by a gradual recovery in other sectors helped pare the losses. Meanwhile, a mixed trend across sectors kept traders active, with realty and FMCG emerging as gainers, while metal and IT closed in the red. The broader indices outperformed for yet another session, gaining between 0.7 per cent and 1.3 per cent.
 
While domestic cues remain favorable, global uncertainty continues to keep participants on edge, delaying the next directional move in the index. On the index front, Nifty’s rebound after an intraday dip below its short-term moving average (20 DEMA) indicates that the bulls are not ready to loosen their grip, keeping hopes of a recovery alive. Amidst all this, buoyancy in select themes and the broader market is offering ample trading opportunities, so participants should remain focused accordingly.

View by Ajit Mishra – SVP, research, Religare Broking Ltd.
 
3:47 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The domestic market continued its consolidation phase for the third consecutive week, influenced by renewed concerns over a potential tariff war and escalating geopolitical tensions between Russia and Ukraine. While global uncertainties have led investors to adopt a risk-averse approach, the Indian market has demonstrated resilience, underpinned by robust institutional inflows and selective sectoral strength like FMCG, real estate, and financial stocks.

Supportive domestic macro indicators include a potential RBI rate cut, a better monsoon, Q4 GDP data and better GST collection. Under the current market landscape, investors are adopting a cautious short-term strategy, with a focus on domestically oriented and interest-sensitive sectors.

View by Vinod Nair, head of research, Geojit Investments Limited.
3:39 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap closed 0.58 per cent and 0.36 per cent respectively. 


3:37 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Adani Ports, M&M, Power Grid were among the top gainers on Sensex. Conversely, Tech Mahindra, Tata Steel, Tata Motors were top laggards. 


3:35 PM

Stock Market LIVE Updates: Sensex finishes at 81,373.75, down -77 pts

Stock Market LIVE Updates: BSE Sensex closed down 77.26 points or 0.09 per cent at 81,373.75.


3:33 PM

Stock Market LIVE Updates: Nifty settles at 24,717, down 34.1 pts

Stock Market LIVE Updates: NSE NIfty50 closed at 24,716 . 6, down -34.1 points or 0.14 per cent. 


3:29 PM

Stock Market LIVE Updates: US tariffs on steel, aluminium to have minor impact on India, says minister

Stock Market LIVE Updates: Reacting to Trump's tariff threat of steel, Union Minister of Steel and Heavy Industries, HD Kumaraswamy, has reportedly said that India doesn't export to the US in a big way.

"There will be some impact, but it will be limited," he said as per news agency Reuters. READ MORE
3:20 PM

Stock Market LIVE Updates: Smallcap packaging stock zooms over 100% in 3 weeks. Do you own?

Stock Market LIVE Updates: In the past three weeks, Cosmo First share price has more-than-doubled or zoomed 103 per cent from a level of ₹613.80 on May 12, 2025. In the past two weeks, the stock has rallied 82 per cent after the company reported strong earnings for the quarter ended March 2025 (Q4FY25). READ MORE
3:10 PM

Stock Market LIVE Updates: Vodafone Idea shares in focus

Stock Market LIVE Updates: Vodafone Idea share price was trading nearly 2 per cent higher in trade on Monday, June 2, in the afternoon session. The rise in Vodafone Idea's share to day's high came after the company shared its future growth plans during its concall post Q4 results.

According to reports, Vodafone Idea plans to launch 5G services in 17 circles by August 2025. Further, it believes more tariff hikes are needed to support financial performance.

Vodafone Idea, as per reports, said it remains "actively engaged" with lenders to secure further loans to support growth.


3:04 PM

Stock Market LIVE Updates: 3 PM check

Stock Market LIVE Updates: Indian stock markets witnessed sharp swings in trade on Monday, June 2. After starting lower, the benchmark indices recouped most of the losses by the second half of the session. At 3:00 PM, the BSE Sensex index was at 81,459, level, up 8 points or 0.01 per cent. The NSE Nifty50 index was at 24,741, down 9.57 points or 0.04 per cent.
2:53 PM

Stock Market LIVE Updates: Ganga Bath Fittings IPO opens on June 4

Stock Market LIVE Updates: The initial public offering (IPO) Ganga Bath Fittings, which is a SME IPO, will open for subscription on June 4, 2025. The price band of Ganga Bath IPO has been fixed in the range of ₹46 to ₹49 per equity shareFurther, investors can apply for Ganga Bath SME IPO for a minimum lot of 3,000 shares. READ MORE
2:42 PM

Stock Market LIVE Updates: Coal India shares May production and offtake data

Stock Market LIVE Updates: Coal India share price was trading over half a per cent higher on the BSE today. The stock of the state-owned thermal power producer wss trading higher despite the overall weakness in the benchmark indices. 

Sharing an update on the BSE, Coal India said its production in May 2025 stood at 63.5 million tonne vs 64.4 MT year-on-year. 

2:33 PM

Stock Market LIVE Updates: Tesla not interested in manufacturing EVs in India, says Union minister

Stock Market LIVE Updates: Tesla is not expected to manufacture electric vehicles in India in the near future, Heavy Industries Minister H D Kumaraswamy said on Monday, as reported by ANI. 
 
While Tesla is preparing for a market launch, local production is not part of its immediate plans. READ MORE
2:22 PM

Stock Market LIVE Updates: This PSU bank stock hit all-time high today; up 19% this year, what next?

Stock Market LIVE Updates: Shares of Indian Bank jumped over 2 per cent to register a new all-time high of ₹644.95 on the Bombay Stock Exchange (BSE) in Monday's trade on the back of strong volumes. 
 
The rally at the Indian Bank counter is seen in-line with gains in other PSU Bank shares. READ MORE
2:10 PM

Stock Market LIVE Updates: Inox Wind share falls 5% as investors book profits after strong Q4 results

Stock Market LIVE Updates: Renewable energy (RE) company Inox Wind shares were dropping in trade on the first trading day of the month, i.e. Monday, June 2, 2025, with the stock falling up to 5.35 per cent to hit an intraday low of ₹184.55 per share. 
 
Inox Wind's share price fell as investors booked profits after the company posted strong March quarter of the financial year 2025 (Q4FY25) results. READ MORE

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First Published: Jun 02 2025 | 7:01 AM IST

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