Nifty outlook today

 

As of the market close on Friday, June 6, 2025, the Nifty 50 index rose by 1.02% to close at 25,003.05, marking a significant milestone by surpassing the 25,000 level. This upward movement was largely driven by the Reserve Bank of India's unexpected 50 basis points rate cut and a 100 basis points reduction in the Cash Reserve Ratio (CRR), which boosted market sentiment and led to a broad-based rally, especially in financial stocks .([5paisa.com][1])

Technical analysis indicates that Nifty is encountering resistance in the 25,050–25,070 range. A breakout above this level could pave the way toward the 25,350–25,600 zone. The index continues to trade within an ascending channel, and holding above 25,000 remains essential for sustaining bullish sentiment .([enrichmoney.in][2])

Looking ahead, the overall sentiment remains optimistic, with sectoral momentum led by public sector banks and energy stocks contributing to the index's upward movement .([economictimes.indiatimes.com][3])

Please note that the stock market is closed on weekends. The next trading session will be on Monday, June 9, 2025.