Thursday 09-10-2025 Indian Stock Market Trends: Nifty50, Bank Nifty, and Major Indices
Get the latest Indian stock market outlook for June 4, 2025! Nifty50 & Bank Nifty predictions, support/resistance levels, top gainers, losers, and stocks to watch. Expert analysis on FII/DII activity, sector trends, and global cues. Plan your trades with key insights!
The Indian stock market is poised for a dynamic trading session on June 4, 2025, as investors navigate a landscape shaped by global economic uncertainties, domestic policy expectations, and sector-specific developments. The BSE Sensex, Nifty50, and Bank Nifty indices are under scrutiny, with traders seeking clarity on support and resistance levels, market predictions, and key stocks to watch. This comprehensive blog post provides an in-depth analysis of the Indian stock market outlook for June 4, 2025, incorporating the latest data, top 10 gainers and losers from June 2, 2025, and actionable trading strategies to optimize returns.
Indian Stock Market: Current Sentiment and Trends
On June 2, 2025, the Indian stock market closed on a flat note, reflecting cautious investor sentiment amid mixed global cues. The BSE Sensex ended at 81,373.75, down 77.26 points (-0.09%), while the Nifty50 settled at 24,716.60, declining 34.10 points (-0.14%). The Bank Nifty index closed at 55,903.40, gaining 0.28% or 153.70 points, showcasing relative strength compared to broader indices. The market’s volatility was evident, with the India VIX spiking nearly 7% to 17.18, signaling heightened uncertainty. Defensive sectors like FMCG and realty outperformed, while IT, auto, and metals faced selling pressure.
Looking ahead to June 4, 2025, the market is expected to open with a positive bias, as Gift Nifty traded around 24,729, suggesting a mild gap-up opening. However, global headwinds, including U.S. tariff policies and geopolitical tensions, may cap gains. Domestic factors, such as optimism around the upcoming RBI monetary policy and robust GDP growth, provide some support. Traders should focus on technical analysis, support and resistance levels, and sectoral trends to navigate the session effectively.
Technical Analysis: Support and Resistance Levels for June 4, 2025
Nifty50 Support and Resistance
The Nifty50 is consolidating within a range of 24,500–25,000, with technical indicators suggesting a range-bound session on June 4, 2025. Key levels to watch include:
- Support Levels: 24,600, 24,380 (aligned with the 200-day EMA), and 24,200.
- Resistance Levels: 24,900, 25,000, and 25,250.
A break below 24,380 could trigger selling pressure toward 24,200 or lower, while a sustained move above 24,900 may signal a bullish breakout toward 25,250. The Relative Strength Index (RSI) for Nifty50 is at 55.52, indicating neutral momentum, but a dipping RSI suggests waning bullish strength. The MACD shows a bearish bias, urging caution for intraday traders.
Bank Nifty Support and Resistance
The Bank Nifty index remains in a positive trend, with key levels for June 4, 2025, as follows:
- Support Levels: 55,455, 55,160, and 54,450.
- Resistance Levels: 55,700, 55,910, and 56,150.
The index’s RSI (14) is at 58.92, and the MACD indicates a mild bullish crossover, supporting a “buy on dips” strategy near 55,455–55,160. A close below 55,048 could shift the trend bearish, prompting short positions. PSU banks are likely to outperform private banks, given their recent strength.
Sensex Support and Resistance
The BSE Sensex is trading in a range of 80,848–82,225, with the following levels for June 4, 2025:
- Support Levels: 80,848, 80,523, and 80,000.
- Resistance Levels: 81,900, 82,225, and 82,500.
The Sensex’s short-term trend is positive, but overbought conditions and global uncertainties may lead to choppy trading. Traders should adopt a disciplined approach, using support and resistance levels to manage risks.
Nifty50 and Bank Nifty Predictions for June 4, 2025
The Nifty50 is expected to open higher on June 4, 2025, with Gift Nifty at 24,729, up 0.05%. The index may test support at 24,600 early in the session, with potential for a rebound if buying emerges in FMCG, realty, and pharma sectors. A breakout above 24,900 could target 25,000, but global trade tensions and FII selling (₹2,589 crore on June 2) may limit upside. DII buying (₹5,313 crore on June 2) provides some cushion, suggesting domestic support. The Nifty50 prediction leans toward a range-bound session with a bullish bias if 24,600 holds.
- Bullish Case: Buy on dips near 24,600–24,380 with a target of 24,900 and a stop-loss at 24,200.
- Bearish Case: Short below 24,380 with a target of 24,200 and a stop-loss at 24,500.
The Bank Nifty is showing strength, with a positive trend supported by PSU banks like SBI, PNB, and Canara Bank. Resistance at 55,700–55,910 will be critical, with support at 55,455–55,160. The index’s bullish momentum, backed by an RSI of 58.92 and a MACD crossover, suggests selective buying opportunities. However, private banks like HDFC Bank and ICICI Bank may face mild selling pressure.
Trading Strategy:
- Bullish Case: Buy near 55,455 with a target of 55,910 and a stop-loss at 55,160.
- Bearish Case: Short below 55,160 with a target of 54,450 and a stop-loss at 55,455.
Top 10 Gainers and Losers on June 2, 2025
The following tables list the top 10 gainers and losers from the Nifty50 index on June 2, 2025, based on closing data, offering insights into sectoral performance and stock-specific movements.
Top 10 Gainers
| Stock Name | % Change | Sector |
| Adani Ports | +3.29% | Infrastructure |
| M&M | +1.75% | Auto |
| Tata Consumer | +1.59% | FMCG |
| Adani Enterprises | +1.42% | Conglomerate |
| Power Grid | +1.12% | Power |
| HUL | +0.95% | FMCG |
| SBI | +0.95% | Banking |
| ITC | +0.42% | FMCG |
| Nestle India | +0.33% | FMCG |
| REC Ltd | +0.67% | NBFC |
Observations:
- Adani Ports led with a 3.29% gain, driven by strong cargo volume growth and infrastructure optimism.
- FMCG stocks like HUL, ITC, and Nestle India showed resilience, reflecting defensive buying.
- SBI and REC Ltd supported gains in banking and NBFC sectors, bolstered by domestic buying.
Top 10 Losers
| Stock Name | % Change | Sector |
| Tech Mahindra | -1.44% | IT |
| Bajaj Auto | -1.44% | Auto |
| JSW Steel | -1.41% | Metals |
| Tata Steel | -1.25% | Metals |
| Titan | -1.09% | Consumer Durables |
| Ultratech Cement | -1.11% | Cement |
| HDFC Bank | -0.70% | Banking |
| Tata Motors | -0.67% | Auto |
| Infosys | -0.57% | IT |
| Kotak Bank | -0.52% | Banking |
Observations:
- IT stocks like Tech Mahindra and Infosys faced selling pressure due to global tech spending concerns.
- Auto and metals sectors, including Bajaj Auto, JSW Steel, and Tata Steel, saw profit booking.
- Private banks like HDFC Bank and Kotak Bank weighed on the indices, reflecting sector-specific challenges.
Stocks to Watch on June 4, 2025
Based on recent trends, technical setups, and fundamental developments, here are five stocks to watch on June 4, 2025:
- Adani Ports (Infrastructure)
- Why to Watch: Gained 3.29% to ₹1,336.30 on June 2, driven by strong cargo volume growth (8% YoY in October). The stock is above its 50-day SMA, signaling bullish momentum.
- Technical Levels: Support at ₹1,300, resistance at ₹1,400.
- Trading Strategy: Buy on dips near ₹1,300 with a target of ₹1,400 and a stop-loss at ₹1,280.
- SBI (Banking)
- Why to Watch: Rose 0.95% to ₹813.35 on June 2 with high volumes, supported by strong Q1 FY26 earnings expectations. PSU banks are outperforming private banks.
- Technical Levels: Support at ₹800, resistance at ₹830.
- Trading Strategy: Buy near ₹800 with a target of ₹830 and a stop-loss at ₹790.
- HDFC Bank (Banking)
- Why to Watch: Fell 0.70% to ₹1,207.60 on June 2, but is near its 200-day SMA, suggesting a potential rebound if sentiment improves.
- Technical Levels: Support at ₹1,200, resistance at ₹1,250.
- Trading Strategy: Monitor for a reversal above ₹1,220; short below ₹1,200 with a target of ₹1,180.
- Tata Consumer (FMCG)
- Why to Watch: Gained 1.59% on June 2, reflecting defensive buying amid volatility. The FMCG sector remains stable due to consistent demand.
- Technical Levels: Support at ₹1,100, resistance at ₹1,200.
- Trading Strategy: Buy on dips near ₹1,100 with a target of ₹1,200 and a stop-loss at ₹1,080.
- CDSL (Financial Services)
- Why to Watch: Surged 11% to ₹1,698 on June 2, hitting a 52-week high, driven by increased retail participation.
- Technical Levels: Support at ₹1,650, resistance at ₹1,750.
- Trading Strategy: Buy near ₹1,650 with a target of ₹1,750 and a stop-loss at ₹1,620.
Sectoral Outlook for June 4, 2025
- Banking and Financial Services:
- PSU banks like SBI, PNB (up 2.51% to ₹108.48), and Canara Bank (up 2.02% to ₹117.08) are outperforming, while private banks like HDFC Bank and ICICI Bank face mild selling.
- Focus: Buy PSU banks on dips; monitor private banks for reversals.
- FMCG:
- Defensive stocks like HUL, ITC, and Tata Consumer are attracting buying interest due to market volatility.
- Focus: Accumulate on dips for long-term stability.
- IT:
- Stocks like Tech Mahindra and Infosys faced declines on June 2 due to global tech spending concerns but may see selective buying at lower levels.
- Focus: Watch for reversals near support levels.
- Realty and Infrastructure:
- The Nifty Realty index rose 1% on June 2, driven by stocks like Adani Ports and government infrastructure initiatives.
- Focus: Buy quality infrastructure stocks on dips.
- Defense:
- Stocks like BEL and HAL are gaining traction due to global tensions and India’s defense manufacturing push.
- Focus: Monitor for breakout opportunities.
Key Factors Influencing the Market on June 4, 2025
- Global Cues:
- U.S. markets ended lower on June 2 due to tariff threats, impacting global sentiment. European markets also showed weakness, adding to caution in India.
- Impact: A negative opening is possible, but selective buying in defensives may limit losses.
- RBI Policy Expectations:
- The upcoming RBI monetary policy is a key event, with expectations of steady rates and positive commentary boosting banking stocks.
- Impact: Policy-driven volatility may influence Bank Nifty.
- FII and DII Activity:
- FIIs sold ₹2,589 crore, while DIIs bought ₹5,313 crore on June 2, indicating domestic support amid foreign outflows.
- Impact: Continued DII buying could stabilize indices.
- India VIX:
- The India VIX at 17.18 reflects elevated volatility, urging traders to use strict stop-losses.
- Impact: Expect choppy intraday movements.
Trading Strategies for June 4, 2025
- Intraday Trading:
- Focus on high-volume stocks like SBI, Adani Ports, and CDSL. Use support and resistance levels for precise entries and exits.
- Example: Buy SBI near ₹800 with a target of ₹830 and a stop-loss at ₹790.
- Swing Trading:
- Target defensive stocks like Tata Consumer and HUL for 2–3 day trades. Accumulate near support for 5–10% gains.
- Example: Buy Tata Consumer near ₹1,100 with a target of ₹1,200.
- Options Trading:
- For Nifty50, consider 24,600 PE options if the index breaks below 24,600, or 24,900 CE options if it sustains above 24,900.
- For Bank Nifty, focus on 55,455 PE options for bearish bets or 55,910 CE options for bullish setups.
- Risk Management:
- Use strict stop-losses to manage volatility, given the high India VIX.
- Allocate 2–3% of capital per trade to minimize risk.
The Indian stock market on June 4, 2025, is likely to open positively but remain volatile due to global trade tensions and domestic policy expectations. The Nifty50 and Bank Nifty are expected to trade within defined ranges, with key supports at 24,600 and 55,455, respectively. Traders should leverage technical analysis, monitor FII/DII flows, and focus on stocks to watch like Adani Ports, SBI, HDFC Bank, Tata Consumer, and CDSL. Defensive sectors like FMCG and realty offer stability, while PSU banks and defense stocks present breakout opportunities.
By combining support and resistance analysis, sectoral insights, and disciplined risk management, traders can navigate the market effectively.
Disclaimer: The views and recommendations are based on market data as of June 2, 2025, and technical analysis. Investments carry risks, and traders should consult certified financial advisors before making decisions.
