Indian stock markets remained firm

Indian stock markets remained firm on 4 june with the Sensex reclaiming 75,000 and Nifty crossing 23,600, led by banking and auto stocks. Investor sentiment improved after the RBI maintained its repo rate at 6.50% and signaled a balanced growth outlook. 📊 India Market Overview Index Level Change Trend Sensex 75,042 (+412 pts) +0.55% Bullish Nifty 50 23,612 (+118 pts) +0.50% Positive Bank Nifty 51,420 (+0.8%) PSU banks lead Midcap Index +0.42% Broader participation Smallcap Index +0.33% Mild gains 🏦 Sectoral Highlights Banks & Autos: $SBIN SBI, $ICICIBANK ICICI Bank, and Axis Bank rose > 1%; Maruti and Tata Motors gained > 2%. IT Stocks: Slight recovery after yesterday’s sell‑off; Infosys and HCL Tech up ~ 0.5%. Pharma: Sun Pharma and Dr. Reddy’s extended gains on defensive buying. Energy: ONGC and Reliance traded flat amid crude volatility. 🌍 Global Market Snapshot US Markets (June 4 close): Dow +0.3%, Nasdaq +0.5% as tech rebounded. Asia‑Pacific: Nikkei +0.7%, Hang Seng +0.4%, Kospi +0.2%. Crude Oil: Brent $96.8/barrel (−0.3%) after recent spike. Gold: ₹1,58,120 per 10 g (−0.1%). ⚙️ Key Drivers RBI Policy: Rate unchanged; commentary supports liquidity and inflation control. FII Flows: Net inflows of ₹1,240 crore yesterday after three days of selling. Global Cues: Cooling crude prices and stable US yields boosted risk appetite. 📈 Technical Outlook Nifty Support: 23,450 Resistance: 23,700 Sensex Support: 74,600 Resistance: 75,300 Momentum: Positive; RSI near 62 indicates room for upside.