Indian benchmark indices Sensex and Nifty 50 are likely to see a positive start on June 4, tracking cues from GIFT Nifty trading around 24,729 a short while ago this morning.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting begins today, June 4, along with the release of India and US May Services PMI data, positive global cues, and institutional activity—all of which are expected to support gains in benchmark indices Sensex and Nifty. The three-day MPC meeting will conclude with the policy decision announcement on Friday, June 6.
On Tuesday, the 30-share benchmark index ended at 80737.51 down by -636.24 points or by -0.78 % and then NSE Nifty was at 24542.5 down by -174.1 points or by -0.7 %.
On the global front, Asia-Pacific stocks advanced on Wednesday, tracking overnight gains on Wall Street, which were fueled by a rally in tech stocks—particularly chipmakers like Nvidia.
Nvidia surged nearly 3 per cent, building on Monday’s rally and briefly overtaking Microsoft as the world’s most valuable company by market capitalisation. Other chip stocks followed suit, with Broadcom and Micron Technology climbing more than 3 per cent and 4 per cent, respectively.
On Tuesday, the S&P 500 rose 0.58 per cent, the Dow Jones climbed 0.51 per cent, and the Nasdaq advanced 0.81 per cent.
Back home, Top traded Volumes on NSE Nifty – Eternal Ltd. 91875218.00, Tata Steel Ltd. 28398746.00, Bharat Electronics Ltd. 18630318.00, State Bank of India 14247597.00, NTPC Ltd. 14081719.00,
On NSE, total number of shares traded was 579.37 Crore and total turnover stood at Rs. 116211.91 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 177461 with a total turnover of Rs. 32055.74 Crore. Along with this total number of contracts traded in stock futures were 1197215 with a total turnover of Rs. 77495.47 Crore. Total numbers of contracts for index options were 65501809 with a total turnover of Rs. 12151052.80 Crore. and total numbers of contracts for stock options were 4701561 with a total turnover of Rs. 323203.53 Crore.
The FIIs on 04/06/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 14300.52 Crore and gross debt purchased stood at Rs. 931.67 Crore, while the gross equity sold stood at Rs. 16406.03 Crore and gross debt sold stood at Rs. 477.45 Crore. Therefore, the net investment of equity and debt reported were Rs. -2105.51 Crore and Rs. 454.22