📈 Latest Stock Market News – June 6, 2025
🇮🇳 Indian Stock Market Highlights
- Sensex Soars: The Sensex jumped 747 points after the RBI’s surprise rate cut. Nifty crossed 25,000 levels, showing strong bullish sentiment.
- RBI's Surprise Move: Repo rate cut by 50 basis points to 5.5%, CRR reduced by 100 basis points. This move added strong liquidity into the market.
- Stock Picks for June:
- Bajaj Broking recommends infrastructure and tech stocks for consolidation.
- InCred Equities shared 21 stocks to 'Add' in June.
- Vaishali Parekh (Prabhudas Lilladher) shared 3 strong picks for short-term traders.
🌍 Global Market Updates
- US Jobs Data: 139,000 jobs added in May, with unemployment at 4.2%. This lifted US stock futures and bond yields.
- Tesla Rebounds: After a recent dip, Tesla shares surged on easing tension in the Trump–Musk controversy.
- Wall Street Rally: S&P 500 and Nasdaq gained over 1% supported by strong data and tech momentum.
- ECB Cuts Rates: European Central Bank reduced rates to 2%, fueling optimism in global markets.
💡 What Should Investors Do Next?
- Use the Dip: Look for quality stocks in banking, IT, and infra sectors post-RBI move.
- Stay Cautious Globally: Keep an eye on U.S. inflation data and geopolitical developments.
- Short-Term Momentum: Nifty has room to climb but expect resistance near 25,200.
📌 Summary
Markets are reacting positively to rate cuts and global optimism. A bullish trend may continue in the short term, but global events could add volatility. Stay diversified and monitor support/resistance zones closely.