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Nifty at 24,620: Metal & IT Stocks Surge | Final Trade

Nifty at 24,620: Metal & IT Stocks Surge | Final Trade

June 4, 2025 Catherine Williams - Chief Editor Business

Nifty surged to 24,620.2,a‌ modest 0.32%⁢ gain, ​while​ the Sensex mirrored the⁢ positive trend, closing at 80,008.25.Metal and oil & gas sectors spearheaded the rally, ‌showcasing robust performance.‍ This positive momentum​ propelled Indian equities, navigating a choppy trading session with determination. Discover which stocks ⁣led the ⁣charge within the Nifty50, including Eternal and Reliance Industries.European markets,⁤ defying tariff concerns, also saw ​gains, adding to ⁢the ​dayS optimistic ‍sentiment.For a⁤ deeper ⁣dive‍ into ‍the market’s fluctuations, News directory 3⁤ offers valuable insights. What’s ⁤the ‌potential⁤ for these sectors⁤ moving forward?

key‍ Points

  • Nifty50‌ closed up 0.32% at‌ 24,620.2.
  • Sensex gained 0.32%‌ to ⁢reach 80,008.25.
  • Metal and⁢ oil & gas sectors showed strong performance.
  • European markets saw gains despite tariff concerns.

Indian Equities‍ Show Mild⁣ Gains in Choppy Session

‌ Updated June 04,2025

Indian equities concluded​ Wednesday’s trading ⁣session with slight gains ​amid volatile trading. The Nifty50 index rose by 77.7 points, or 0.32%, to close at 24,620.2. Similarly, the Sensex increased by 260.74 points, also a 0.32% gain, ending the day⁤ at 80,008.25.

Among the top performers in the Nifty50 pack ⁣were Eternal, Jio ​Financial, Bharti Airtel, IndusInd Bank, and Reliance Industries. Conversely, Bajaj Finserv, Trent, Shriram Finance, Axis Bank, and Tata ⁤Consultancy Services lagged behind.

Sector performance​ was largely positive, with metal and oil⁢ & ⁤gas indices outperforming the broader ⁣market. However, financial services and realty sectors experienced losses.

European Markets

European markets traded ⁢positively, even with the backdrop of U.S. president donald Trump’s steel tariffs. The French CAC⁤ and German ⁤DAX both saw gains of‍ up to 1%.

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