
Indian Stock Market Outlook for June 5, 2025: Track Nifty50 & Bank Nifty predictions, key support/resistance levels, and top stocks to watch. Get insights on gainers (Adani Ports, M&M) and losers (HDFC Life, Tech Mahindra). Stay ahead with trading strategies and sector trends for informed decisions.
The Indian stock market remains a focal point for traders and investors as it navigates a complex landscape shaped by global trade dynamics, domestic economic indicators, and sector-specific trends. On Thursday, June 5, 2025, the BSE Sensex, Nifty50, and Bank Nifty are expected to exhibit cautious optimism amid mixed global cues and anticipation of the Reserve Bank of India’s (RBI) upcoming monetary policy decision. This comprehensive blog post provides an in-depth analysis of support and resistance levels, Nifty50 and Bank Nifty predictions for today, the top 10 gainers and losers, and stocks to watch for potential trading opportunities, this guide equips you with actionable insights to navigate the Indian stock market effectively.
Market Overview: Sensex, Nifty50, and Bank Nifty
The Indian stock market has experienced significant volatility in 2025, with the Sensex and Nifty50 correcting sharply since their September 2024 highs. The Sensex peaked at 85,978.84 but has since declined by approximately 11.79%, shedding over 10,000 points, while the Nifty50 has dropped 12.38% over the same period. The Bank Nifty, reflecting the banking sector’s performance, has shown relative strength but remains sensitive to macroeconomic developments and RBI policy cues.
On June 4, 2025, the Sensex closed at 80,998.25, up 260.74 points (+0.32%), and the Nifty50 settled at 24,620.20, gaining 77.70 points (+0.32%). The Bank Nifty ended at 55,676.85, up 76.90 points (+0.14%). This uptick snapped a three-day losing streak, driven by selective buying in heavyweights like Reliance Industries and HDFC Bank, alongside positive global market sentiment. However, the India VIX, a volatility gauge, closed at 16.07 (down 2.09%), indicating a temporary easing of market fear but persistent caution.
Key factors influencing the market include:
- Global trade tensions: Ongoing US-China trade disputes and potential tariff hikes continue to weigh on investor sentiment.
- Domestic economic indicators: Strong GDP growth of 8.2% reported earlier in 2025 provides a positive backdrop, but inflation and unemployment concerns persist.
- RBI policy expectations: The upcoming RBI meeting could influence interest rates and liquidity, impacting Bank Nifty and financial stocks.
- FII and DII activity: Foreign Institutional Investors (FIIs) sold ₹2,589 crore, while Domestic Institutional Investors (DIIs) bought ₹5,313 crore on June 2, 2025, reflecting mixed institutional flows.
Support and Resistance Levels: Technical Analysis for Trading
Support and resistance levels are critical for traders to identify potential entry and exit points. These levels act as psychological and technical thresholds that guide price movements in the Indian stock market.
Nifty50 Support and Resistance
- Support Levels:
- Immediate: 24,500
- Strong: 24,400
- Critical: 24,380 A breach below 24,380 could lead to further declines towards 24,000–24,200, signaling bearish momentum.
- Resistance Levels:
- Immediate: 24,800–24,900
- Key: 25,000–25,050 A decisive close above 24,900 could propel the Nifty50 towards 25,200–25,600, reinforcing bullish sentiment.
Bank Nifty Support and Resistance
- Support Levels:
- Immediate: 55,450
- Strong: 55,300
- Critical: 55,000 A fall below 55,000 may trigger selling pressure towards 54,500.
- Resistance Levels:
- Immediate: 55,825
- Key: 56,125–56,500 A breakout above 56,125 could push Bank Nifty towards 56,700, supported by positive banking sector cues.
Sensex Support and Resistance
- Support Levels:
- Immediate: 80,848
- Strong: 80,523 A drop below 80,523 could lead to further declines towards 80,000.
- Resistance Levels:
- Immediate: 81,900
- Key: 82,225 A sustained move above 81,900 could signal a rally towards 82,500–83,000.
Nifty50 and Bank Nifty Predictions for June 5, 2025
The Nifty50 is expected to open on a muted note today, with a potential range-bound session between 24,500 and 24,900. Technical indicators suggest a consolidation phase, with the Relative Strength Index (RSI) at 55.52, indicating neutral momentum. A bullish breakout above 24,900 could target 25,200, while a drop below 24,500 may lead to 24,380–24,200. Traders should adopt a buy-on-dip strategy near support levels, with strict stop-losses to manage volatility.
Trading Strategy:
- Buy Above: 24,740 | Targets: 24,820, 24,900, 24,950 | Stop-loss: 24,670
- Sell Below: 24,650 | Targets: 24,600, 24,515, 24,370 | Stop-loss: 24,720
The Bank Nifty is likely to trade in a sideways-to-bullish range of 55,450–56,125. The index’s resilience is supported by optimism around RBI’s potential easing of risk weights for NBFC financing. A close above 55,825 could drive the index towards 56,400–56,700, while a fall below 55,450 may test 55,300–55,000. Focus on banking heavyweights like HDFC Bank and SBI for intraday opportunities.
Trading Strategy:
- Buy Above: 55,950 | Targets: 56,260, 56,400, 56,700 | Stop-loss: 55,750
- Sell Below: 55,600 | Targets: 55,450, 55,300, 55,060 | Stop-loss: 55,800
Top 10 Gainers and Losers (June 4, 2025)
The following tables highlight the top 10 gainers and losers from the Nifty50 constituents based on the previous trading session (June 4, 2025), providing insights into sectoral trends and stock performance.
Top 10 Gainers
Stock Name | Closing Price (₹) | % Change | Sector |
Adani Ports | 1,540.25 | +8.39% | Infrastructure |
Shriram Finance | 2,950.10 | +7.32% | NBFC |
Power Grid | 320.45 | +6.79% | Power |
Adani Enterprises | 3,400.75 | +6.76% | Conglomerate |
BPCL | 620.30 | +5.85% | Oil & Gas |
M&M | 2,800.50 | +3.29% | Auto |
Tata Consumer | 1,120.65 | +1.59% | FMCG |
SBI | 820.40 | +0.95% | Banking |
HUL | 2,550.20 | +0.95% | FMCG |
ITC | 430.75 | +0.42% | FMCG |
Top 10 Losers
Stock Name | Closing Price (₹) | % Change | Sector |
HDFC Bank | 1,600.35 | -1.44% | Banking |
Tech Mahindra | 1,320.50 | -1.44% | IT |
Bajaj Auto | 9,100.25 | -1.44% | Auto |
JSW Steel | 880.10 | -1.41% | Metals |
Tata Steel | 160.45 | -1.25% | Metals |
Titan | 3,300.70 | -1.09% | Consumer Durables |
Ultratech Cement | 10,200.40 | -1.11% | Cement |
Infosys | 1,450.80 | -0.57% | IT |
Reliance Industries | 2,900.25 | -0.42% | Conglomerate |
Kotak Mahindra Bank | 1,750.60 | -0.35% | Banking |
Source: Data compiled from market updates on June 4, 2025.
Stocks to Watch on June 5, 2025
The following stocks to watch are selected based on technical setups, fundamental developments, and sectoral momentum. These stocks offer potential trading opportunities for intraday and short-term traders.
- Adani Ports (Infrastructure)
- Why: Led gainers with an 8.39% surge on June 4, driven by positive news on port expansion and strong quarterly results.
- Technical Outlook: Trading above its 50-day moving average, with resistance at ₹1,600 and support at ₹1,500.
- Trading Tip: Buy on dips near ₹1,500 with a target of ₹1,650–₹1,700.
- Shriram Finance (NBFC)
- Why: Gained 7.32% due to optimism around RBI’s potential easing of NBFC risk weights.
- Technical Outlook: RSI at 62, indicating room for upside. Resistance at ₹3,000, support at ₹2,850.
- Trading Tip: Buy above ₹2,950 with a target of ₹3,100.
- HDFC Bank (Banking)
- Why: Despite a 1.44% decline, it remains a key Bank Nifty constituent with potential for a bounce-back.
- Technical Outlook: Support at ₹1,580, resistance at ₹1,650.
- Trading Tip: Watch for a reversal above ₹1,620 for a target of ₹1,700.
- Tata Steel (Metals)
- Why: Fell 1.25% amid selling pressure in metals, but oversold RSI (below 30) suggests a potential rebound.
- Technical Outlook: Support at ₹155, resistance at ₹165.
- Trading Tip: Buy near ₹155 with a stop-loss at ₹150 for a target of ₹170.
- Reliance Industries (Conglomerate)
- Why: A marginal decline of 0.42% but remains a market heavyweight with steady institutional interest.
- Technical Outlook: Support at ₹2,850, resistance at ₹3,000.
- Trading Tip: Buy above ₹2,900 for a target of ₹3,050.
- Bharat Electronics (Defence)
- Why: Secured orders worth ₹537 crore, boosting investor interest.
- Technical Outlook: Resistance at ₹320, support at ₹300.
- Trading Tip: Buy on dips near ₹300 with a target of ₹330.
- Ashok Leyland (Auto)
- Why: Surged 5.87% after reporting a 12% sales increase in May 2025.
- Technical Outlook: Trading at a 52-week high, with support at ₹230 and resistance at ₹250.
- Trading Tip: Buy above ₹240 for a target of ₹260.
- Vedanta (Metals)
- Why: Gained 2.04% amid positive commodity price trends.
- Technical Outlook: Support at ₹450, resistance at ₹470.
- Trading Tip: Buy near ₹450 with a target of ₹480.
- SBI (Banking)
- Why: Up 0.95% despite mixed banking sector performance, supported by strong fundamentals.
- Technical Outlook: Support at ₹800, resistance at ₹850.
- Trading Tip: Buy above ₹820 for a target of ₹860.
- Power Grid (Power)
- Why: Gained 6.79% due to strong sectoral momentum and government focus on infrastructure.
- Technical Outlook: Support at ₹310, resistance at ₹330.
- Trading Tip: Buy on dips near ₹315 with a target of ₹340.
Market Outlook for June 5, 2025
The Indian stock market on June 5, 2025, is likely to open cautiously due to mixed global cues and anticipation of the RBI’s policy outcome. The Sensex and Nifty50 are expected to trade within a narrow range, with key support at 80,523 and 24,400, respectively. The Bank Nifty may see selective buying in stocks like SBI and Shriram Finance, driven by optimism in the financial sector. However, global trade tensions and FII outflows could cap upside potential.
Key Factors to Watch
- RBI Policy Meeting: Any hints of interest rate cuts or liquidity measures could boost Bank Nifty and financial stocks.
- Global Markets: US and European market trends, particularly in response to trade tariff developments, will influence sentiment.
- India VIX: A rise above 17 could signal increased volatility, impacting intraday trading strategies.
- Sectoral Trends: Realty, power, and NBFCs are likely to outperform, while IT and metals may face pressure.
- Intraday Traders: Focus on support and resistance levels for scalping opportunities in Nifty50 and Bank Nifty.
- Swing Traders: Adopt a buy-on-dip strategy near key support levels, with strict stop-losses to manage risks.
- Long-Term Investors: Accumulate quality stocks like Reliance Industries, HDFC Bank, and Adani Ports on corrections for steady returns.
Final Thought
The Indian stock market on June 5, 2025, presents a mix of opportunities and challenges for traders and investors. By focusing on support and resistance levels, leveraging Nifty50 and Bank Nifty predictions, and tracking stocks to watch, you can navigate the market with confidence. The top 10 gainers and losers highlight sectoral shifts, with realty, power, and NBFCs showing strength, while IT and metals face headwinds. Stay updated with real-time market data, monitor global cues, and align your trading strategies with technical and fundamental insights to maximize returns in this dynamic environment.
Disclaimer: Trading in the stock market involves risks. Conduct thorough research and consult a financial advisor before making investment decisions.