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Bank stocks today, Bank Nifty Index, RBI MPC Policy Decision updates: Nifty Bank settled over 800 pts higher as market rebounded sharply following RBI MPC policy decision on Friday.
The top movers of Nifty Bank stocks include: IDFC First Bank (+7.04%), AU Small Finance (+3.94%), Axis Bank (+3%), IndusInd Bank (+2.59%) and Bank of Baroda (+1.66%). Meanwhile, Canara Bank stock slipped to trade in negative territory.
Banking, NBFCs and other financial stocks soared counting on positives such CRR cut will lead to an immediate injection of liquidity and reduce funding costs and credit demand to rebound.
The RBI’s decision to slash the benchmark rate by a “bold” 50 basis points will lead to lower interest rates and improved credit access for borrowers, India Inc said on Friday, asserting that the move will support economic growth amid global headwinds.
- 15:54 | June 6, 2025
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- 15:53 | June 6, 2025
Nifty Bank live: Top movers
The top movers of Nifty Bank stocks include: IDFC First Bank (+7.04%), AU Small Finance (+3.94%), Axis Bank (+3%), IndusInd Bank (+2.59%) and Bank of Baroda (+1.66%). Meanwhile, Canara Bank stock slipped to trade in negative territory.
- 15:46 | June 6, 2025
Bank Nifty live: Banking and financial indexes shine
Nifty Bank settled 817.55 pts or 1.47% positive at 56,578.40. Nifty financial services and private bank indexes also gained close to 2%. PSU Bank was up 0.58%.
- 15:40 | June 6, 2025
Bank Nifty Live: Sensex, Nifty 50 end higher led by banking, financial and realty stocks
Sensex settled 746.95 pts or 0.92% higher at 82,188.99, and Nifty 50 climbed 252.15 pts or 1.02% to 25,003.05. Banking, financial and realty indices led the rally, while Nifty media depreciated by 1%.
- 15:09 | June 6, 2025
Rate-sensitive stocks surge as RBI delivers 50-bps cut
Rate-sensitive sectors rallied sharply during Friday’s trading session following the Reserve Bank of India’s decision to cut the repo rate by 50 basis points to 5.50 per cent. The Nifty Realty index led the gains, surging 4.49 per cent to 1,037.70, while the Nifty Auto and Nifty Financial Services indices advanced 1.32 per cent and 1.81 per cent, respectively.
- 15:03 | June 6, 2025
BSE BANKEX zoomed 799.55 pts or 1.27% to 63,573.11 as at 3.02 pm.
- 14:43 | June 6, 2025
Bank Nifty Live: Shriram Finance shares up. Umesh Revankar, Executive Vice Chairman, Shriram Finance, reacts to RBI MPC policy outcome
“The Monetary Policy Committee announcement reflects a well-calibrated and optimistic approach to India’s evolving economic landscape. The decision to reduce interest rates is encouraging, especially as it comes on the back of strengthening macroeconomic indicators, early signs of a sectoral revival, and a promising monsoon forecast expected to lift agricultural output and rural consumption. Together, these factors point to a broader recovery in the economy. At the same time, the MPC’s shift from ‘accommodative’ to ‘neutral’ stance indicates a measured and prudent outlook by the RBI, especially in an environment where domestic demand remains robust and several key sectors are showing resilience.
For consumers, lower interest rates will ease borrowing costs, reduce EMIs, and improve access to credit. This is likely to have a direct impact on consumer confidence and spending. For NBFCs that operate extensively in tier 2 & tier 3 towns, this policy move opens up new momentum for credit-led expansion. The broader implication of this rate cut cycle is significant as it reflects a forward-looking strategy that is aligned with India’s vision for inclusive and sustained growth. As highlighted by the RBI Governor, this brings the country a step closer to the goal of Viksit Bharat 2047. With rural resilience and continued expansion in services, both urban and rural consumption are poised to become strong drivers of India’s next growth phase.”
- Umesh Revankar, Executive Vice Chairman, Shriram Finance
- 14:31 | June 6, 2025
Stock market live updates: Sensex, Nifty 50 rebound sharply, Realty, banking & financial indices zoom
Sensex zoomed 809.97 pts or 0.99% to 82,252.01 as at 2.26 pm, Nifty 50 surged 264.20 pts or 1.07% to 25,015.10.
Media index declined 1%, while all other indices traded in positive territory. Realty index rose about 5%, financial and bank soared 1-2%.
- 14:20 | June 6, 2025
Nifty Bank climbed 902.20 pts or 1.62% to 56,663.05
- 14:18 | June 6, 2025
Major gainers of NBFC stocks on NSE:
- Bajaj Finance (+4.82%)
- Muthoot Finance (+7%)
- Cholamandalam Investment (+4.97%)
- Shriram Finance (+5.22%)
- Manappuram Finance (+5.23%)
- 14:09 | June 6, 2025
Bank Nifty live, RBI MPC meet: Expert view | Indranil Pan, Chief Economist – Yes Bank
“There were surprises all the way in this policy – a frontloading of rate cuts with a 50 bps cut in this policy, a change of stance back to “neutral” from “accommodative”, and a CRR cut of 100 bps starting fortnight of September 6 th in equal doses of 25 bps each. The surprise on the frontloading of the policy could have been led by the inflation trajectory that is being expected by the RBI. RBI’s assessment is that even as growth is stable it is below the aspirational level and hence would need policy support. Coming back to the inflation trajectory, clearly inflation has been undershooting the target level of 4% and inflation expectations as has been set out by the RBI points to a 3.2% average for Q1-Q2 of FY26, while moving higher in H2FY26 to an average of 4.2%.
This sharp difference in inflation between the two halves provided RBI the room to afford the frontloading of the rate cuts. However, the change of stance to “neutral” implied that most of the firepower that the RBI had has been already expended and space for further monetary policy becomes limited, with the future course of policy to be data driven. The RBI now focuses on the transmission mechanism, which has been slow to start with and is still not significantly visible for the credit markets. The CRR cuts, that is expected to release INR 2.5 trn, serves as an assurance to the markets on RBI’s objective towards keeping liquidity adequate. The CRR cuts have been times to the second half of the year, which is the busy season. The significant CRR reduction would ensure lowering of the cost of funds for the banking system, thereby ensuring transmission of the 100 bps repo rate reduction. Going ahead, we still think there is a chance for a last 25 bps cut, but the timing of the same remains uncertain.”
- Indranil Pan, Chief Economist – Yes Bank
- 13:26 | June 6, 2025
Stock market live updates: Mid-market report: Sensex, Nifty 50 soar on RBI’s bumper rate cut
Shares of Shriram Finance, Bajaj Finance, JSW Steel, Bajaj Finserv and Maruti led the gainers of Nifty 50 in mid-trading session, while Bharat Electronics, HDFC Life, Sun Pharma, Apollo Hospitals and Bharti Airtel slipped to trade as major laggards.
IDFC First Bank, Muthoot Finance, HDFC AMC, Godrej Properties and Prestige Estate shares gained 5-8 per cent among midcap index, while Bharti Hexacom, Solar Industries, Supreme Industries declined 2-3 per cent.
Top movers today June 6: Sensex, Nifty 50 soar on RBI’s bumper rate cut, Shriram Finance, Bajaj Finance lead gains, HDFC Bank shares hit 52-week high
RBI's 'jumbo' rate cut boosts markets, Sensex and Nifty rise; banking, realty, metal, auto sectors outperform.
- 13:24 | June 6, 2025
NIFTY BANK INDEX Live: Up 807.45 pts or 1.45%
Top gainers: IDFC First Bank (+7.34%), AU Small Finance (+4.83%), IndusInd (+4.31%), Axis Bank (+3.11%)
- 13:03 | June 6, 2025
Karur Vysya Bank stock in focus:
Karur Vysya Bank has revised 6-month MCLR to 9.80% from 9.90% earlier and one year MCLR to 9.80% from 10% earlier.
Shares gained 1.09% on the NSE to ₹234.10
- 12:19 | June 6, 2025
Bank Nifty Live: Expert view
According to Devarsh Vakil, Head of Prime Research at HDFC Securities, This would infuse roughly ₹2.5 lakh crore liquidity in the system by November which should directly support bank margins during 2HFY26. These will help in enriching and sustaining the growth momentum, and facilitate private investment.
- 12:14 | June 6, 2025
Bank Nifty live, RBI MPC outcome: Opinion from Ajay Kumar Srivastava, MD & CEO, Indian Overseas Bank
“The RBI’s decision to reduce repo rate by 50 basis points to 5.50% and CRR by 100 basis points in four tranches indicates a strong and timely policy shift that aligns with balancing growth with price stability. Besides this, the revision in CPI inflation to 3.7% for FY26 also shows RBI’s confidence in inflation being aligned with its 4% target. The decision in CRR cut which is expected to release INR 2.5 lakh crore in primary liquidity, will ease credit conditions in the banking system.
This overall policy reflects a well calibrated and thoughtful approach with the GDP projected at 6.5% in FY26 and a steady quarterly trend. The pickup in non-gold imports and 14% increase in gross FDI also indicate robust domestic demand and global investor confidence in India’s structural strength. We believe this policy decision is expected to provide the necessary drive for credit expansion in priority sectors which will fasten the inclusion economic growth.”
- Ajay Kumar Srivastava, MD & CEO, Indian Overseas Bank
- 12:13 | June 6, 2025
Bank Nifty, RBI MPC Meeting outcome live: Expert view | Akshat Garg, AVP, Choice Wealth
“Markets initially cheered: Nifty Bank hit new highs, realty stocks soared, and bond yields dipped. But broader indices gave up gains, reflecting caution over future policy room. The rupee slipped slightly amid global divergence.
The real estate and consumption story just got a boost—home EMIs are set to fall, and auto demand may rev up. But banks must walk a fine line on deposit rates.”
- Akshat Garg, AVP, Choice Wealth
- 12:02 | June 6, 2025
Stock market live updates: 2,198 stocks advanced on the BSE, 1566 declined
Stocks advanced on BSE at 12 noon on June 6, 2025, were 2,198 against 1,566 stocks that declined, and 202 remained unchanged. Total stocks traded were 3,966. The number of stocks that recorded a 52-week high was 100, and those that hit a 52-week low was 37. A total of 211 stocks traded in the upper circuit, and 151 in the lower circuit.
- 11:38 | June 6, 2025
Bank indices in focus: Banking and financial indexes gain momentum
Nifty Bank jumped 801.80 pts or 1.44% to 56,562.65.
Nifty private bank index rose 1.74% and Nifty PSU Bank index was up 0.62%
- 11:11 | June 6, 2025
Bank Nifty today, Stock market live updates:
Sensex traded 682.63 pts or 0.84% higher at 82,124.67 as at 11.08 am, and Nifty 50 climbed 222.30 pts or 0.90% to 24,973.20.
Nifty Bank index zoomed 768.75 pts or 1.38% to 56,529.60.
- 11:03 | June 6, 2025
Bank Nifty stocks in focus:
Top movers
IDFC First Bank soared 5%, Axis Bank followed with 2% increase. Kotak Mahindra, AU Small Finance and HDFC Bank were up over 1%.
- 11:02 | June 6, 2025
Bank Nifty in focus, RBI MPC meet outcome: Here’s what Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank, says
“The higher than expected Repo rate cut comes along with a shift in the stance back to neutral. This clearly points towards future decisions being more data dependant given the significant global uncertainties. Furthermore, the sharp drop in CRR is likely to keep liquidity conditions suitably comfortable to ensure monetary transmission.”
- Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank
- 10:56 | June 6, 2025
Nifty Bank in focus: Expert view | Vinit Bolinjkar- Head of Research, Ventura
“The RBI cut the repo rate by 50 bps to 5.5% amid sharply easing inflation—down from 6.2% in Oct 2024 to 3.2% in Apr 2025, below the 4% target. With a normal monsoon forecast and softening global commodity prices, inflation is now projected at 3.7% for FY26, down from the earlier 4% estimate. GDP growth guidance remains unchanged at 6.5%.
This move brings major relief to borrowers, with EMIs set to drop further following a cumulative 100 bps cut since February. The MPC also shifted its stance to neutral and announced a staggered 100 bps CRR cut to 3%. These measures offer timely support to the economy and markets amid global uncertainties”
- Vinit Bolinjkar- Head of Research, Ventura
- 10:53 | June 6, 2025
Nifty Bank index advanced 701.60 pts or 1.26% to 56,462.45
- 10:46 | June 6, 2025
Nifty Bank Prediction Today – June 06, 2025: Can break the resistance and rise. Go long
Nifty Bank index has been oscillating around 56,000 over the last few days. It is currently trading flat at 55,765. The advances/declines ratio is at 7:5. This is positive. If this trend sustains, there are good chances to see a rise during the day.
The Reserve Bank of India (RBI) has cut the repo rates by 50 basis points to 5.5 per cent in its meeting today.
Nifty Bank Prediction Today – June 06, 2025: Can break the resistance and rise. Go long
Nifty Bank index has been oscillating around 56,000 over the last few days. It is currently trading flat at 55,765. The advances/declines ratio is at 7:5. This is positive. If this trend sustains, there are good chances to see a rise during the day.
- 10:37 | June 6, 2025
Banking sector in focus post RBI MPC Policy Announcement: Sector to see improved momentum, according to Sonam Srivastava, Founder and Fund Manager at Wright Research PMS
Sonam Srivastava, Founder and Fund Manager at Wright Research PMS on RBI MPC Meeting
The RBI’s surprise 50 basis point rate cut underscores its strong pivot toward supporting growth, at a time when inflation is under control and global central banks are entering easing cycles. With real rates still elevated and domestic demand uneven, this move is aimed at unlocking credit growth, reviving private investment, and easing the burden on borrowers. Sectors like housing, autos, banking, and infrastructure are likely to see improved momentum as transmission picks up. It’s also a positive signal for rural and small business credit, where growth has been lagging.
- 10:33 | June 6, 2025
Nifty Bank index rose 0.69% to 56,143.75 at around 10.30 am.
- 10:19 | June 6, 2025
Bank nifty live, RBI MPC Meet: Expert view | Trivesh, COO Tradejini
Trivesh, COO Tradejini, earlier said, “A rate cut, along with a softer inflation outlook and hints of continued liquidity support, bond yields may decline and market sentiment may improve if rates are lowered . That said, the RBI may also flag global risks like sticky US rates and trade tensions, which could influence its pace going forward. Overall, the tone is likely to stay growth-friendly but measured.”
- 10:16 | June 6, 2025
Stock market live updates: Sensex, Nifty 50 bounces post RBI repo rate cut, bank nifty volatile
Sensex traded marginally lower by 109.93 pts or 0.13% at 81,332.11 as at 10.13 am, and Nifty 50 slipped 13.25 pts or 0.05% to 24,737.65.
- 10:13 | June 6, 2025
RBI cuts repo rate by 50 basis points to 5.50%, changes stance to ‘neutral’
RBI MPC Live, RBI Monetary Policy Meeting 2025 Live: Will the RBI cut repo rate by 25-basis points to 5.75%?
RBI MPC 2025, RBI Monetary Policy Committee Meeting June 2025 Live, Repo Rate live news & updates: Follow here for all the latest updates regarding expectations from Reserve Bank of India’s (RBI) Monetary Policy Committee meeting.
- 10:05 | June 6, 2025
Day trading guide for June 6, 2025: Intraday supports, resistances for Nifty50 stocks
Day trading guide gives you the key intraday supports and resistances to watch out for on the Nifty futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, and SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on Technical Analysis and there is a risk of loss in trading.
Day trading guide for June 6, 2025: Intraday supports, resistances for Nifty50 stocks
Intraday trading guide with key supports, resistances, and trade recommendations for Nifty futures and popular stocks. Risk involved.
- 09:40 | June 6, 2025
RBI MPC Meeting Live Updates: Will the RBI cut repo rate by 25-basis points to 5.75%?
RBI MPC Live, RBI Monetary Policy Meeting 2025 Live: Will the RBI cut repo rate by 25-basis points to 5.75%?
RBI MPC 2025, RBI Monetary Policy Committee Meeting June 2025 Live, Repo Rate live news & updates: Follow here for all the latest updates regarding expectations from Reserve Bank of India’s (RBI) Monetary Policy Committee meeting.
- 09:38 | June 6, 2025
Top gainers & losers of Nifty Bank:
Top gainers
IndusInd (+1.03%), Canara Bank (+0.58%), PNB (+0.33%)
Top losers:
ICICI Bank (-0.69%), AU Small Finance (-0.85%), HDFC Bank (-0.17%) , Axis Bank (-0.28%)
- 09:33 | June 6, 2025
Bank Nifty Live, RBI MPC Meet: Expert view | Bank Nifty Technical: Vaishali Parekh, Vice President - Technical Research, PL Capital Group
“BankNifty, amid the volatility failed to cross above the 56000 zone and closed almost on a flat note near the 55750 zone with anticipation of a positive outcome from the RBI Policy announcement. As said earlier, the index needs a decisive breach above the 55800 zone to give a breakout above the tight range and expect for fresh move on the upside and at the same time needs to sustain above the crucial support of 54500 level to maintain the overall bias intact.
Bankex, in a similar pattern, amid volatility, slipped down to the 62500 zone once again, from where a pullback was witnessed, and managed to end the session above the 20 DMA level of 62730, with hopes kept alive for recovery in the coming sessions. The index has the resistance barrier near the 63500 level, which needs to be breached decisively in order to establish conviction and anticipate further rise. BankNifty would have the daily range of 55300-56200 levels.”
Vaishali Parekh, Vice President - Technical Research, PL Capital Group
- 09:32 | June 6, 2025
Nifty Bank index dipped 0.06% to 55,726.75 as at 9.31 am.
- 09:31 | June 6, 2025
Stock market live updates: Sensex, Nifty 50 trades lower
Sensex declined 146.97 pts or 0.18% to 81,295.07 as at 9.17 am after flat opening at 81,434.24, and Nifty 50 dipped 25.45 pts or 0.1% to 24,725.45. Financial and IT indexes slip.
Published on June 6, 2025
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