📈 Stocks to Watch Today – June 4, 2025
Indian equity markets are poised for a positive opening today, buoyed by optimistic global cues and expectations of an interest rate cut in the upcoming RBI policy meeting. The Gift Nifty indicates a higher start, suggesting a potential rebound after recent declines.
🔍 Top Stocks in Focus
1. HDFC Bank
HDFC Bank is under the spotlight due to significant block deals. Investors are closely monitoring its performance amid these developments.
2. Wipro
Wipro is attracting attention following reports of major stake sales. Market participants are keenly observing its stock movement today.
3. Yes Bank
Yes Bank has approved a substantial fund-raising plan of up to ₹16,000 crore, aiming to bolster its capital base. This development could influence investor sentiment.
4. Adani Ports & SEZ
Adani Ports is in focus amid ongoing market discussions and sectoral movements. Traders are watching its stock for potential volatility.
5. Vedanta
Vedanta remains on investors' radar due to its performance in the commodities sector. Market watchers are assessing its stock trajectory.
🏭 Sectoral Highlights
FMCG Sector
The FMCG sector shows a positive outlook, supported by declining input costs and a resurgence in rural demand. Top picks include Hindustan Unilever (HUL), Godrej Consumer, and Emami.
Energy Sector
Oil India and ONGC are in focus amid fluctuations in global oil prices. Investors are monitoring these stocks for potential opportunities.
📊 Market Outlook
Analysts suggest that the Nifty 50 index may encounter resistance around the 24,900–25,000 range, with support levels near 24,500. Market participants are advised to stay vigilant and consider these technical levels in their trading strategies.
Source: Taken from multiple websites
Disclaimer
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