Pre-Market Outlook for 06 June 2025 | Nifty Eyes Resistance Ahead of RBI Policy | Focus on SBI’s ‘Jumbo Rate Cut’ Prediction
By CapitalKeeper | Pre-Market Opening | Indian Equities | Market Moves That Matter
As we head into the final trading session before the RBI’s highly anticipated monetary policy meeting, the Indian stock market shows signs of cautious optimism. On Thursday (06 June 2025), benchmark indices ended on a positive note, with buying interest returning in rate-sensitive sectors ahead of the possible 50 basis points ‘jumbo’ rate cut, forecasted by SBI Research.
Let’s break down what this means for the markets, sectors in focus, technical cues, and how traders should prepare for Friday’s market session.
🔔 Closing Snapshot (06 June 2025 – Thursday Session)
| Index | Open | Close | Trend |
|---|---|---|---|
| Nifty 50 | 24,691.20 | 24,750.90 | ⬆️ Mildly Positive |
| Bank Nifty | 55,806.75 | 55,760.85 | 🔻 Flat to Negative |
| Sensex | 81,196.08 | 81,442.04 | ⬆️ Bullish |
| Fin Nifty | 26,329.35 | 26,491.00 | ⬆️ Strong Rebound |
🏦 RBI POLICY: What’s at Stake?
According to SBI’s Ecowrap report, the RBI could opt for a ‘jumbo rate cut’ of 50 bps in its policy decision on Friday, June 7, 2025. This move, if realized, would be aimed at:
- Supporting private sector credit growth
- Managing real interest rate differentials
- Pre-emptively tackling slowing consumption
- Aligning with global monetary easing cycles
A 50 bps cut would reduce the repo rate from 6.50% to 6.00%, signaling a sharp dovish turn by the central bank.
📈 Technical Analysis – Index Levels to Watch
🔹 Nifty 50 (Close: 24,750.90)
- Resistance: 24,900 / 25,050
- Support: 24,600 / 24,400
- Outlook: Bullish momentum can accelerate on a dovish RBI tone. Sustaining above 24,750 is key for a breakout.
🔹 Bank Nifty (Close: 55,760.85)
- Resistance: 56,200 / 56,500
- Support: 55,400 / 55,000
- Outlook: Traders are cautious. A confirmed rate cut could trigger breakout in PSU and private lenders.
🔹 Fin Nifty (Close: 26,491.00)
- Resistance: 26,700 / 26,900
- Support: 26,300 / 26,000
- Outlook: Strong comeback session. Watch for financials to lead post-policy.
🔍 Sector-Wise Outlook
✅ Bullish Bias
- Banking & NBFCs
- Rate cut tailwind.
- Stocks to watch: SBI, ICICI Bank, Bajaj Finance, HDFC Bank
- Real Estate
- Lower rates = higher home loan demand.
- Stocks to watch: DLF, Sobha, Lodha, Godrej Properties
- Auto
- Cheaper loans could push demand.
- Stocks to watch: Tata Motors, Maruti, Hero MotoCorp
⚠️ Neutral to Bearish Bias
- IT Sector
- Rate cut may strengthen rupee, hurting exports.
- Stocks to watch: Infosys, TCS, Wipro
- FMCG
- High valuations, profit-booking possible.
- Stocks to watch: ITC, HUL, Britannia
🚀 Top 5 Intraday Stocks for 07 June 2025
| Stock | Bias | Entry Zone | Targets | SL |
|---|---|---|---|---|
| SBI | Long | ₹838 | ₹850 / ₹862 | ₹825 |
| DLF | Long | ₹794 | ₹810 / ₹824 | ₹780 |
| Tata Motors | Long | ₹954 | ₹972 / ₹984 | ₹942 |
| ICICI Bank | Long | ₹1,168 | ₹1,190 / ₹1,210 | ₹1,155 |
| Bajaj Finance | Long | ₹6,870 | ₹7,050 / ₹7,180 | ₹6,780 |
🎯 Pre-Market Strategy for Friday’s Session
- Expect Volatility: RBI decisions often cause sharp index moves.
- Trade the Reaction: Avoid large bets before 10 AM; trade post-policy direction.
- Watch PSU Banks: If rate cut happens, PSU banks could outperform private peers.
- Use Options Smartly: Straddles or Strangles on Nifty/Bank Nifty could reward on either side breakout.
🧠 Final Thoughts
As traders await the RBI policy decision, the market seems cautiously positioned for a surprise. SBI’s projection of a 50 bps rate cut adds to the bullish expectation. If the central bank delivers, rate-sensitive sectors will likely lead the next leg of the rally, especially in financials, autos, and real estate.
“When the market rests, you prepare. Successful traders treat weekends as planning sessions—not vacations.” – CapitalKeeper
📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and subscribe to our newsletter!
📌 Disclaimer
The content provided on CapitalKeeper.in is for informational and educational purposes only and does not constitute investment, trading, or financial advice. While we strive to present accurate and up-to-date market data and analysis, we make no warranties or representations regarding the completeness, reliability, or accuracy of the information.
Stock market investments are subject to market risks, and readers/investors are advised to conduct their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. CapitalKeeper and its authors are not liable for any loss or damage, direct or indirect, arising from the use of this information.