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Bajaj Finance, Axis Bank, Maruti, DLF, and Godrej Properties rallied up to 7% on RBI’s rate cut, boosting rate-sensitive and realty stocks.
Bajaj Finance, Axis Bank, Maruti, DLF, and Godrej Properties rallied up to 7% on RBI’s rate cut, boosting rate-sensitive and realty stocks.
Written by - Fisdom Research
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June 6, 2025
2 minutes
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Market Snapshot
Benchmark indices rallied for the third straight session on June 6, driven by a larger-than-expected RBI rate cut and a CRR reduction aimed at boosting demand. The Nifty 50 logged its best performance in three weeks.
Nifty Bank hit a new all-time high of 56,695, gaining 1.5%, with strong buying seen in auto, metal, consumer durables, and private banks—all up over 1%. However, the Media index fell 1%.
The Realty index jumped 4% as the rate cut is expected to reduce EMIs and spur housing demand. Gold loan companies surged 5–7% after the RBI raised the LTV ratio on small-ticket loans to 85%.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY REALTY
4.7
NIFTY PRIVATE BANK
1.8
NIFTY FINANCIAL SERVICES EX-BANK
2.8
NIFTY AUTO
1.5
NIFTY MIDSMALL FINANCIAL SERVICES
2.4
NIFTY CONSUMER DURABLES
1.3
NIFTY METAL
1.9
NIFTY MIDSMALL HEALTHCARE
0.6
Top News
Bajaj Finance surged 4.93%, driven by strong buying in rate-sensitive stocks and optimism around improved credit offtake after the RBI’s policy easing.
Axis Bank climbed 3.15%, benefiting from improved banking sentiment and expectations of stronger loan growth.
Maruti Suzuki rose 2.64% as lower interest rates are expected to boost auto demand and financing affordability.
DLF rallied over 6% after the RBI’s surprise 50 bps rate cut and shift to a neutral stance, which lifted the Nifty Realty index. Lower home loan rates are expected to drive housing demand, benefiting developers like DLF.
Godrej Properties jumped nearly 7%, fueled by rate cut-led optimism in the realty sector. Its strong pipeline and focus on premium projects added to investor confidence amid expectations of increased residential and commercial sales.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
SHRIRAMFIN
5.5
HDFCLIFE
-0.9
BAJFINANCE
4.9
BEL
-0.7
JSWSTEEL
3.6
BHARTIARTL
-0.5
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
25,000
25,150
Bank Nifty
55,500
57,200
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