On June 6, Indian equity indices ended strongly following a surprise rate cut by the Reserve Bank of India (RBI). The central bank lowered the repo rate by 50 basis points and reduced the Cash Reserve Ratio (CRR) by 100 basis points, boosting market sentiment. At the close, the Sensex surged 746.95 points (0.92%) to 82,188.99, while the Nifty 50 rose 252.15 points (1.02%) to cross the 25,000 mark, settling at 25,003.05.
Among the Nifty 50 stocks, several companies recorded significant gains, led by Shriram Finance, Bajaj Finance and JSW Steel. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day.
Nifty 50 Top Gainers on June 6
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Shriram Finance closed at ₹687, up by 5.5%, making it the top gainer today.
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Bajaj Finance followed with a 4.9% increase, closing at ₹9,371.5.
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JSW Steel rose by 3.7%, ending the day at ₹1,004.9.
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Axis Bank gained 3.1%, closing at ₹1,194.6.
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Maruti Suzuki finished 2.8% higher at ₹12,462.
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IndusInd Bank recorded a 2.5% rise, closing at ₹822.9.
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Bajaj Finserv gained 2.4%, settling at ₹1,990.
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Dr. Reddy’s Laboratories increased by 2.3%, ending at ₹1,319.7.
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Mahindra & Mahindra closed 2.1% higher at ₹3,106.5.
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Hero MotoCorp also gained 2.1%, finishing at ₹4,268.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
