Highlights:

Markets jumped post-RBI policy. All sectors closed in green except the media. Realty, metal, and private banks led the rally, cheering the rate cut and a supportive growth outlook.

Headline Indices

Sectors at a Glance

*Prices shown may have delay up-to 15 minutes

What moved the market?

*Prices shown may have delay up-to 15 minutes

India VIXINDIA VIX14.63 -2.98%

Nifty Midcap 150NIFTY MIDCAP 150₹21,688.60 +0.99%

Nifty Smallcap 250NIFTY SMLCAP 250₹17,285.75 +0.65%

What Made Headlines?

Muthoot Finance Ltd.MUTHOOTFIN₹2,446.20 +6.61%

Shares of Muthoot and other leading gold loan non-banking financial companies (NBFCs) experienced a notable rally after the RBI hiked the Loan-to-Value (LTV) ratio on small gold loans to 85%, allowing borrowers to access more funds against their gold.

IndusInd Bank Ltd.INDUSINDBK₹822.85 +2.45%

IndusInd Bank shares rose after the RBI confirmed the bank had addressed governance and compliance issues. RBI Governor Malhotra assured the banking system remains robust despite isolated incidents.

Larsen & Toubro Ltd.LT₹3,656.30 +0.38%

Larsen & Tubro becomes India’s first corporation to issue ₹500 crore ESG bonds under SEBI’s new rules. The funds will support goals like water neutrality by 2035 and carbon neutrality by 2040.

GAIL (India) Ltd.GAIL₹191.15 +0.28%

GAIL successfully berthed and discharged its first LNG vessel at the Dabhol LNG Terminal following the completion of the Breakwater Project, marking round-the-year operations. This enhances LNG operations, even during monsoons, and supports India’s energy security.

What’s Happening Beyond Our Markets?
  • RBI cut repo rate to 5.5%, shifted to neutral stance, and pushed for growth. Lower EMIs are likely, but deposit rates may fall. Inflation easing, growth strong, FY26 GDP seen at 6.5%.
  • Aadhaar saw 211 crore authentications in May 2025, including 15.49 crore face scans and 37 crore e-KYC checks, showing its growing role in welfare delivery and India’s digital economy.
  • Jefferies warns that China’s restrictions on rare earth exports are hurting Indian EV makers, who rely on Chinese magnets. Motor production may stall once current stocks run out.
  • Auto sales rose 5% YoY in May 2025, led by two-wheelers (+7.3%) and three-wheelers (+6.2%), while passenger vehicles fell 3.1% due to weak demand and inventory issues, according to the Federation of Automobile Dealers Associations.
  • US job growth is likely to slow to 130K in May 2025 vs. 177K in April, amid tariff uncertainty. Unemployment is seen steady at 4.2%, wage growth easing to 3.7%. Fed stance unchanged.
Back to Basics

Terms that put you one step ahead – every day.

What are ESG Bonds?

ESG bonds are special types of bonds where the money raised is used to fund projects that have positive Environmental, Social, or Governance (ESG) impacts. Think of them as regular bonds with a mission, your investment helps finance things like clean energy, affordable housing, or better corporate practices.

There are different types:

  • Green bonds support environmental projects (like solar power).
  • Social bonds fund social causes (like healthcare or education).
  • Sustainability bonds combine both.
  • Sustainability-linked bonds reward companies for meeting sustainability goals.

For investors, ESG bonds offer a way to earn returns while supporting a better world. They’re becoming increasingly popular in India and globally as more people seek investments that align with their values.

Corporate Actions
StockEx-DateRecord DateEvent TypeEvent Details
Vesuvius India Ltd.10 Jun 202510 Jun 2025Stock Split₹10 to ₹1
Asian Paints Ltd.10 Jun 202510 Jun 2025Final Dividend₹20.55
Indian Bank10 Jun 202510 Jun 2025Final Dividend₹16.25
Tata Investment Corporation Ltd.10 Jun 202510 Jun 2025Final Dividend₹15.00

Before You Go…

Markets aren’t just charts and tickers, they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back next week to cut through the noise, so you can focus on investing intelligently.