Midday Report- Sensex jumps 700 points, Nifty at 24,980

The benchmark indices were trading higher on June 06, 2025, after RBI announced larger-than-expected rate cut. RBI reduced repo rate by 50 bps to 5.50%. Except Capital Good, FMCG all other sectoral indices were trading in green. BSE Midcap rose by 0.47% and smallcap gained 0.33%. At 12.25 pm, Sensex surged 0.87% or 708 points to 82,145. The Nifty gained 0.93% or 230 points to 24,980.

Nifty crossed 25,000 for the first time since May 27 after RBI Policy.

Global Update-

Asia-Pacific markets were mixed as investors digest Trump-Xi call.

European stocks poised to move lower as trade tensions and US economy remain in focus.