Indian stock market outlook for June 3, 2025, with Nifty50 and Bank Nifty predictions, key support and resistance levels, top gainers and losers, and stocks to watch. Stay ahead with expert trading insights for Sensex, Nifty, and Bank Nifty in this comprehensive 2000-word analysis.
The Indian stock market is poised for a dynamic trading session on Tuesday, June 3, 2025, as investors navigate a landscape shaped by mixed global cues, domestic economic indicators, and technical setups. With the BSE Sensex, Nifty50, and Bank Nifty indices under the spotlight, traders are keen to identify support and resistance levels, gauge market sentiment, and pinpoint stocks to watch. This comprehensive analysis dives into the latest market data, Nifty and Bank Nifty predictions, top gainers and losers, and key stocks to monitor, ensuring you’re equipped for informed trading decisions.
Market Context and Recent Performance
On May 30, 2025, the BSE Sensex closed at 81,451.01, down 182.02 points (-0.22%), reflecting profit booking in IT and FMCG sectors. The Nifty50 settled at 24,750.70, declining 81.45 points (-0.33%), with only eight of its 50 constituents ending in the green. The Nifty Bank index, however, showed resilience, gaining 0.37% to close at 55,749.70, driven by select banking stocks like State Bank of India (SBI) and Punjab National Bank (PNB). Sectoral trends highlighted strength in realty and pharma, while IT and auto faced selling pressure.
Global markets have been cautious due to uncertainties around U.S. tariffs and mixed performances in Asian and European indices. Domestically, the early monsoon onset and the Reserve Bank of India’s (RBI) recent liquidity measures, including a 25-basis-point repo rate cut to 6.25%, provide some support, boosting sentiment in rate-sensitive sectors like banking and real estate. However, the India VIX, a measure of market volatility, is trending higher, signaling potential range-bound or choppy trading.
Technical Analysis: Support and Resistance Levels
BSE Sensex
- Current Trend: Positive, with a daily closing stop-loss at 81,151.
- Support Levels: 80,886 (immediate), 80,561 (strong). These levels are critical for bulls to defend to maintain the uptrend.
- Resistance Levels: 81,938, 82,263. A decisive break above 81,938 could trigger fresh buying, potentially pushing the index toward 82,500.
- Outlook: The Sensex is likely to remain range-bound unless it breaches the 81,938 resistance or falls below 80,886 support.
Nifty50
- Current Trend: Positive, with a daily closing stop-loss at 24,677.
- Support Levels: 24,450 (immediate), 24,300 (strong). The 24,450 level aligns with the 20-day Simple Moving Average (SMA), offering a cushion against declines.
- Resistance Levels: 24,980, 25,150. A breakout above 24,980 could pave the way for a rally toward 25,250.
- Outlook: The Nifty50 is expected to trade within the 24,450–24,980 range, with a neutral Put-Call Ratio (PCR) indicating balanced sentiment.
Bank Nifty
- Current Trend: Positive, with a daily closing stop-loss at 54,941.
- Support Levels: 55,300 (immediate), 54,941 (strong). The 55,300 level is crucial for maintaining bullish momentum.
- Resistance Levels: 56,500, 56,098 (52-week high). A break above 56,500 could signal a strong uptrend.
- Outlook: Bank Nifty’s strength in public sector banks suggests potential outperformance, but resistance at 56,500 may cap gains unless fresh catalysts emerge.
Nifty and Bank Nifty Predictions for June 3, 2025
The Nifty50 is likely to open marginally lower, tracking weak global cues, with the Gift Nifty indicating a gap-down start. Technical charts suggest a range-bound session between 24,450 and 24,980, with volatility driven by high India VIX levels. A decisive move above 24,980 could target 25,150, while a break below 24,450 may test 24,300. Traders should watch for sectoral rotation, with pharma and realty likely to outperform, while IT and FMCG may remain under pressure.
The Bank Nifty index is expected to maintain its positive bias, supported by strong performances in PSU banks like SBI and PNB. The index may test resistance at 56,500 if it sustains above 55,300. However, a higher VIX and global uncertainties could lead to profit booking. Intraday traders should monitor the 55,300 support for buying opportunities and 56,500 resistance for potential shorting setups.
Top 10 Gainers and Losers (Based on May 30, 2025 Data)
The following tables highlight the top 10 gainers and losers in the Nifty50 index on May 30, 2025, providing a snapshot of market movers.
Top 10 Gainers
| Stock Name | Closing Price (₹) | % Change | Sector |
| Eicher Motors Ltd | 239.75 | +4.98% | Auto |
| State Bank of India (SBI) | 814.00 | +2.09% | Banking |
| HDFC Bank Ltd | 1,652.25 | +0.73% | Banking |
| Larsen & Toubro (LT) | 3,665.70 | +0.46% | Infrastructure |
| Dr. Reddy’s Laboratories | 6,891.50 | +0.22% | Pharma |
| Bajaj Finserv Ltd | 1,824.60 | +0.03% | NBFC |
| Reliance Industries Ltd | 3,053.20 | +0.02% | Conglomerate |
| Sun Pharmaceutical Ltd | 1,657.70 | +0.01% | Pharma |
| Bharti Airtel Ltd | 1,717.25 | +0.01% | Telecom |
| Bharat Electronics Ltd | 276.87 | +0.01% | Defense |
Top 10 Losers
| Stock Name | Closing Price (₹) | % Change | Sector |
| Bajaj Auto Ltd | 8,599.00 | -3.10% | Auto |
| Hindalco Industries Ltd | 689.35 | -2.51% | Metals |
| HCL Technologies Ltd | 1,845.20 | -1.99% | IT |
| Shriram Finance Ltd | 2,345.60 | -1.98% | NBFC |
| Tech Mahindra Ltd | 1,654.80 | -1.69% | IT |
| Nestle India Ltd | 2,567.40 | -1.69% | FMCG |
| ONGC Ltd | 274.20 | -1.58% | Oil & Gas |
| Infosys Ltd | 1,792.25 | -1.57% | IT |
| Tata Steel Ltd | 164.95 | -1.49% | Metals |
| Mahindra & Mahindra Ltd | 2,506.45 | -1.19% | Auto |
Stocks to Watch on June 3, 2025
Based on recent market trends, technical setups, and sectoral momentum, here are the stocks to watch for potential trading opportunities:
- State Bank of India (SBI): Up 2.09% on May 30, SBI’s robust performance reflects strength in PSU banks. Watch for a breakout above ₹820, with support at ₹800.
- HDFC Bank Ltd: A key Nifty50 constituent, HDFC Bank gained 0.73% despite market weakness. Monitor resistance at ₹1,670 and support at ₹1,630.
- Eicher Motors Ltd: The top gainer with a 4.98% surge, Eicher Motors shows strong momentum in the auto sector. Watch for follow-through above ₹240.
- Sun Pharmaceutical Ltd: With healthcare outperforming, Sun Pharma’s marginal gains and strong fundamentals make it a stock to watch. Resistance at ₹1,670, support at ₹1,640.
- Bharat Electronics Ltd (BEL): Defense stocks remain in focus, with BEL up 2.23% on May 30. Monitor for a breakout above ₹280.
- Reliance Industries Ltd: A stable performer, Reliance provides market support. Watch for movement above ₹3,060, with support at ₹3,030.
- Infosys Ltd: Despite a 1.57% decline, IT stocks may see bargain buying if global cues improve. Support at ₹1,780, resistance at ₹1,810.
- Bajaj Auto Ltd: The top loser with a 3.10% drop, Bajaj Auto may attract attention for a potential reversal. Watch support at ₹8,550.
- Punjab National Bank (PNB): Up 3.36% on May 30, PNB’s high trading volumes signal strong interest. Resistance at ₹108, support at ₹104.
- Bharti Airtel Ltd: With telecom stocks showing resilience, Airtel is a stock to monitor. Resistance at ₹1,730, support at ₹1,700.
Sectoral Outlook
- Banking: The Nifty PSU Bank Index surged 3% on May 30, adding ₹3.7 lakh crore to investor wealth. PSU banks like SBI, PNB, and Canara Bank are likely to lead, while private banks like HDFC Bank remain stable.
- Pharma and Healthcare: Defensive sectors like pharma continue to outperform, with stocks like Sun Pharma and Dr. Reddy’s showing resilience.
- IT: Facing profit booking, IT stocks like Infosys, TCS, and HCL Tech may see selective buying if global tech sentiment improves.
- Auto: Mixed performance, with Eicher Motors gaining but Bajaj Auto and M&M declining. Watch for volatility in this sector.
- Realty: Supported by the RBI’s rate cut and early monsoon, realty stocks may see continued interest.
- Defense: Stocks like BEL are gaining traction due to government focus on indigenous defense equipment.
Key Factors Influencing the Market
- Global Cues: Weakness in Asian markets and uncertainty over U.S. tariffs could weigh on sentiment. However, relief from delayed EU tariffs provides some support.
- RBI Policy: The recent 25-basis-point repo rate cut to 6.25% boosts rate-sensitive sectors. Liquidity measures like open market operations will influence fund availability.
- FII and DII Activity: Both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) recorded net inflows recently, supporting market stability.
- India VIX: Rising volatility suggests caution, with intraday traders needing to monitor PCR and VIX levels closely.
- Monsoon Progress: The early monsoon onset is positive for agriculture and rural-focused stocks, potentially benefiting FMCG and auto sectors in the long term.
Trading Strategies for June 3, 2025
- Nifty50: Buy on dips near 24,450 with a stop-loss at 24,300, targeting 24,980. Short below 24,300, targeting 24,150.
- Bank Nifty: Buy above 55,300 with a stop-loss at 54,941, targeting 56,500. Short below 54,941, targeting 54,500.
- Stocks to Watch: Focus on SBI, HDFC Bank, and Eicher Motors for long positions; Bajaj Auto and Infosys for potential shorting opportunities.
Positional Trading
- Bullish Bets: Accumulate SBI, PNB, and Sun Pharma on dips, given their sectoral strength and technical setups.
- Bearish Bets: Consider shorting IT stocks like Infosys or Tech Mahindra if they fail to hold key supports, with strict stop-losses.
Risk Management
- Use stop-losses to protect against volatility, especially with a high India VIX.
- Avoid over-leveraging due to potential global uncertainties.
- Monitor PCR and VIX for intraday sentiment shifts.
Final Thought
The Indian stock market on June 3, 2025, is likely to witness range-bound trading with a cautious bias, driven by mixed global cues and domestic volatility. The Nifty50 and Bank Nifty are expected to oscillate within key support and resistance levels, with 24,450–24,980 and 55,300–56,500 being critical ranges, respectively. PSU banks, pharma, and realty sectors are poised to outperform, while IT and FMCG may face pressure. Traders should focus on top gainers like Eicher Motors, SBI, and HDFC Bank, and top losers like Bajaj Auto and Hindalco for potential reversals. Stocks like Sun Pharma, BEL, and PNB are key names to watch for trading opportunities.
Disclaimer: Investment in securities markets is subject to market risks. Read all related documents carefully before investing. The views expressed are based on technical analysis and market data as of May 30, 2025, and are not a solicitation to buy or sell any financial instrument.
