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Realty Stocks Dip, Zee Jumps on Strategic Tie-Up, United Spirits Rallies on IPL Stake Buzz.
Realty Stocks Dip, Zee Jumps on Strategic Tie-Up, United Spirits Rallies on IPL Stake Buzz.
Written by - Fisdom Research
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June 10, 2025
2 minutes
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Market Snapshot
Indian equities witnessed a volatile session on Tuesday as markets paused after a four-day rally; the Nifty 50 faced resistance near the 25,100 mark, while the Sensex ended marginally lower.
Realty stocks led the decline, with significant profit booking seen post the RBI’s surprise 50 bps repo rate and 100 bps CRR cuts, which had previously fueled sectoral optimism.
Banking and financial stocks also witnessed profit-taking, reacting similarly to the RBI-driven rally seen last week.
In contrast, IT stocks outperformed, buoyed by strong U.S. jobs data and renewed optimism over a potential U.S.-China trade agreement, making the sector the day’s top gainer.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY IT
1.7
NIFTY HEALTHCARE INDEX
0.4
NIFTY MEDIA
1.1
NIFTY METAL
0.4
NIFTY PHARMA
0.6
NIFTY FMCG
0.3
NIFTY CONSUMER DURABLES
0.4
NIFTY AUTO
-0.1
Top News
Real estate stocks declined on June 10 as profit booking continued, dragging the Nifty Realty index down nearly 1%, with Sobha, Macrotech, and Prestige Estates among the top losers.
Zee Entertainment rose over 3% after announcing a strategic partnership with start-up Bullet to launch a short-format micro-drama app on ZEE5.
United Spirits gained 2% to a five-month high following reports that parent company Diageo may consider selling a stake in IPL franchise Royal Challengers Bengaluru.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
GRASIM
3.7
TRENT
-1.7
TECHM
2.1
MARUTI
-1.3
DRREDDY
2.1
BAJFINANCE
-1.2
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
24,900
25,250
Bank Nifty
56,000
57,100
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