Market Prediction for Today - 05 June 2025

Nifty Prediction for Today   

Nifty 50 closed higher for the day, gaining 0.32% to end at 24,620.20, though broader sentiment remained cautious. Buying in names like Eternal (+3.36%), Jio Financial (+2.27%), and Bharti Airtel (+1.85%) lifted the index. Financials such as IndusInd Bank and HDFC Bank added to the momentum, while IT and auto majors like Tech Mahindra, Tata Motors, and Infosys posted modest gains. On the downside, weakness was seen in Bajaj Finserv (-1.8%), Axis Bank (-0.89%), Shriram Finance, Trent, and select FMCG and pharma counters including Asian Paints, Sun Pharma, and Cipla. 

Nifty Ends Higher Amid Selective Buying Lead Gains

NIFTY witnessed modest buying support throughout the day yet closed unconvincingly below the medium-term trend line. Investors remain cautious ahead of the key RBI rate decision on Friday. While expectations are for a 25bps rate cut, a jumbo rate cut would be a positive surprise. After the recent pullback, NIFTY has lost most of its near-term momentum. Near term support and resistance levels are 24385/24475 and 24766/24856.

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Bank Nifty Prediction Today   

Bank Nifty eked out marginal gains, rising 0.14% to close at 55,676.85, amid mixed performance across the sector. Private lender IndusInd Bank led the index with a 1.7% jump, followed by Canara Bank and HDFC Bank, which posted moderate advances. IDFC First Bank, Bank of Baroda, and PNB also closed slightly higher. However, pressure from frontline names like ICICI Bank (down 0.9%), Axis Bank, and SBI weighed on the index. Weakness in AU Small Finance Bank and Federal Bank added to the drag, limiting the overall upside.

After retreating from 56000 levels yesterday, BANK NIFTY showed signs of consolidation today. In a volatile day that started with BANK NIFTY extending its losses, it rallied and closed higher. It continues to trade above the 20D EMA support line. RSI is healthy at ~60. Near term support and resistance are at 55303/55071 and 56051/56282.

SENSEX Prediction Today   

The Sensex recovered to close 260 points higher at 80,998.25, up 0.32%, led by broad-based buying across sectors. ETERNAL surged over 3%, topping the gainers’ list, while Bharti Airtel, IndusInd Bank, and Reliance also contributed meaningfully to the upmove. Heavyweights like HDFC Bank, Infosys, and Tata Motors posted modest gains, supporting the index. On the flip side, selling persisted in Axis Bank, TCS, and Titan, which capped further upside. Banking stocks showed mixed trends, but strength in largecaps and select defensives helped bulls regain some ground after recent weakness. Near term support and resistance are at 80520/80225 and 81476/81772

FINNIFTY Prediction Today   

Financial stocks ended mixed, with the Nifty Financial Services Index (Fin Nifty) posting a modest gain of 0.29% to close at 66,866.60. The upmove was led by SBICARD, which surged nearly 3%, and Jio Financial, up over 2%. Muthoot Finance, HDFC Bank, and a few insurers like ICICI Lombard and ICICI Prudential also contributed positively. However, weakness persisted in select names: Bajaj Finserv slipped 1.8%, while Axis Bank, HDFC AMC, and Shriram Finance also closed in the red. Heavyweights ICICI Bank and SBI traded lower, capping broader gains for the sector.

Intraday levels  for NIFTY, BANK NIFTY, SENSEX and  FINNIFTY Levels: