Closing Bell 5th June: Nifty 50 down by 0.21% and Sensex by 0.16%
RBI held rates but cut its GDP forecast and markets ended the week slightly lower on June 5. Adani Green surged 7% while Hindustan Zinc bled for a sixth straight day.
Team Dhan
|Jun 5, 2026, 04:07 PM
On Friday, Dalal Street ended the week trading in negative territory with the Nifty 50 opening at 23,478.95, reaching a high of 23,516.35, and closing at 23,366.70, down by 0.21%. Similarly, the BSE Sensex opened at 74,629.94, reached a high of 74,717.57, and ended at 74,243.34, down by 0.16%.
The Indian markets traded in red after the RBI revised down its growth forecast for 2026-27, projecting real GDP growth at 6.6% against the 6.9% estimate made in April.
Reasons for the negative sentiment
The following are the reasons for the negative sentiment in the stock market:
- The net fund outflows in the domestic market.
- The RBI projected retail inflation at 5.1% for 2026-27.
- Negative cues from broader Asian markets.
- The rising crude oil prices created inflationary pressures.
Major Indices Today
- The benchmark indices, Nifty 50 and Sensex, traded in red, dragged by Trent, HDFC Bank, and Bharti Airtel stocks.
- Nifty Next 50 traded higher, pulled by Adani Green Energy, Adani Energy, and Power Finance shares.
- Nifty Bank traded in green after the RBI kept its repo rate unchanged at 5.25% and maintained its "neutral" policy stance.
Sectoral Indices Today
- Nifty IT traded in red amid losses in global tech stocks following a brake in the AI-driven rally.
- Nifty Auto traded higher, led by gains in auto ancillary stocks.
- Nifty FMCG traded in the green amid gains in large-cap FMCG stocks.
- Nifty Pharma traded in green after Lupin received US FDA approval for ranibizumab.
- Nifty Oil & Gas traded lower amid escalated tensions in West Asia.
Market Movers Today
- BSE shares dropped by 5% after RBI Governor Sanjay Malhotra said that the RBI intends to go ahead with implementing rules on bank lending for proprietary trading.
- Hindustan Zinc shares dropped by 4% down for the 6th consecutive day after a report by Bloomberg stating that the government is considering a fresh stake sale worth up to ₹5,000 crore in the company.
- Adani Energy Solutions shares rose by 5% after the company became the first player in India to successfully install 10 million smart meters, redefining the pace of digital transformation in power distribution.
- Lupin shares rose by 1% after receiving US FDA approval for its ranibizumab, RanluspecTM (ranibizumab-hkdz), as an interchangeable biosimilar referencing Lucentis (Genentech).
Top Gainers
Top Losers
52W High Stocks
52W Low Stocks
High Volume Stocks Today
IPO
- Hexagon Nutrition IPO opened today and will close on 9th June. The price band set for the IPO is from ₹42 to ₹45 per share.
- CMR Green Technologies IPO closed today. The price band set for the IPO is from ₹182 to ₹192 per share.
Market Announcements
- AvenuesAI shares rose by 2% after the Central Bank of the UAE granted in-principle approval to the company's step-down subsidiary, Avenues World FZ LLC, for a Retail Payment Services – Category III Licence
- CG Power & Industrial Solutions shares hit a 52-week high after the company commissioned its extra-high-voltage (EHV) switchgear manufacturing facility in Nashik, Maharashtra.
