Sensex, Nifty Surge on RBI Rate Cut Boost
Mumbai, June 9, 2025 – Indian stock market indices opened the week on a positive note, driven by global optimism and the Reserve Bank of India’s unexpected monetary policy easing. The Sensex and Nifty recorded significant gains, reflecting investor confidence in the economic outlook.
RBI’s Policy Stimulus Sparks Rally
The Reserve Bank of India (RBI) implemented a surprise 50-basis-point cut in the repo rate and reduced the Cash Reserve Ratio (CRR), exceeding market expectations. These measures, aimed at boosting liquidity, fueled a bullish sentiment across domestic markets. Global cues, including optimism over US-China trade talks, further supported the upward momentum.
Market Performance at Open
At 9:30 AM IST, the BSE Sensex climbed 280 points to 82,469, while the Nifty 50 advanced 88 points to 25,091. By midday, the Sensex had risen further to 82,572, and the Nifty reached 25,132, signaling sustained buying interest.
Sectoral Gains and Losses
Key performers included Kotak Mahindra, Jio Financial, Tata Motors, Axis Bank, and Infosys, which opened with notable gains. Conversely, stocks like Bharti Airtel, SBI Life Insurance, Aditya Birla Sun Life, HDFC Life, and ICICI Bank started the day in the red.
Currency and Asian Markets
The Indian rupee traded at 85.60 against the US dollar, reflecting stability amid the market rally. Asian markets also exhibited positive trends, aligning with the optimistic global sentiment influencing Indian equities.
Market Dynamics
| Index | Opening Points | Midday Points | Key Gainers |
|---|---|---|---|
| BSE Sensex | 82,469 (+280) | 82,572 (+383) | Kotak Mahindra, Tata Motors, Infosys |
| Nifty 50 | 25,091 (+88) | 25,132 (+128) | Jio Financial, Axis Bank |
The market’s strong start underscores the impact of the RBI’s proactive measures, though analysts caution about potential profit-booking in overbought sectors like realty.