The Indian stock market ended the day on a firm note as benchmark indices held steady ahead of the Reserve Bank of India’s key monetary policy decision. While the Nifty 50 hovered near 24,600 and the Sensex remained around 81,000, select heavyweight and mid-cap stocks stole the spotlight with robust gains.
🌐 E-Retail optimism boosts Eternal Ltd., sending its stock up over 4%.
Shares of Eternal Ltd jumped 4.53% to close at ₹256.56, riding high on renewed interest in the e-retail and e-commerce space. The stock saw heavy trading volumes, crossing ₹3,200 crore in traded value. The rally comes just a day after the stock touched its 52-week low, signaling a sharp rebound. Analysts cite bargain buying and optimism around sectoral revival as key drivers.
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🛍 Trent Continues Its Bullish Streak, Gains Over 3%
Retail giant Trent Ltd continued its upward momentum, rising 3.15% to end at ₹5,673. The stock hit an intraday high of ₹5,709, supported by positive sentiment in the specialty retail sector and strong delivery volumes. Trent’s consistent performance, despite recent volatility, has made it a favorite among institutional investors eyeing India’s consumer growth story.
💊 Dr. Reddy’s Jumps 3% as Pharma Stocks Gain Strength
Dr. Reddy’s Laboratories registered a 3.05% gain to close at ₹1,290.60. Pharma stocks gained across the board today as investors bet on defensive plays ahead of RBI’s policy verdict.
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Increased delivery-based buying in Dr. Reddy’s suggests long-term confidence in the company’s export pipeline and earnings resilience.
⚡ Power Grid Rises 2% Amid Renewed Focus on Infrastructure
The Power Grid Corporation of India experienced robust buying interest, increasing by 2.01% to finish at ₹294.25. With the government’s continued push toward infrastructure and power transmission projects, Power Grid remains a key beneficiary. The stock traded actively, with a high delivery percentage of over 65%, indicating strong investor conviction.
📊 Overall Market Sentiment
While broader indices moved in a narrow range, market participants stayed focused on stock-specific action and the outcome of RBI’s policy meeting. Sectors such as pharma, power, and retail led the gainers, while global cues remained mixed.
Looking ahead, traders will closely monitor policy signals from the RBI and global macroeconomic data for the next leg of market movement.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
Also read: Bata India Announces Q4 FY25 Results: Volume Growth and Inventory Optimization
Published on: June 1, 2025 / M Vishnu
🚆 Chenab Bridge Inaugurated by PM Modi
Prime Minister Narendra Modi today inaugurates the world’s highest railway bridge across the Chenab River in Jammu and Kashmir. This engineering marvel is part of the Udhampur–Srinagar–Baramulla Railway Link (USBRL) and is expected to greatly improve connectivity in the region.
भोक्तारं यज्ञतपसां सर्वलोकमहेश्वरम्।
The person who is not disturbed by the dualities of happiness and distress, and is unbothered by the external world, is certainly eligible for liberation.
