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• Sensex-Nifty is likely to open flat on the back of mixed trends in global markets and RBI’s policy announcement.
• Inflation, liquidity and stance on the rupee, along with the RBI’s repo rate decision, are among investors’ eyes.
• Investors can keep an eye on several stocks including Tata Motors, ICICI Bank, Vedanta, Tata Steel and Indigo in today’s trade.

India Share Market Update: On the back of mixed trend in global markets and RBI’s policy announcement, major indices of Indian stock market, Sensex and Nifty 50 are expected to open flat on June 5 today. Trends in Gift Nifty are also showing a slow start for the Indian benchmark index. Gift Nifty was trading at around 23,521, at a premium of nearly 9 points over the previous close of Nifty futures.

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Investors’ focus today will be on the Reserve Bank of India’s (RBI) monetary policy decision. RBI’s Monetary Policy Committee (MPC) is widely expected to keep the repo rate unchanged, while the central bank’s comments on inflation, liquidity conditions, crude oil price risks and the rupee will be closely watched. (Photo Courtesy – Pinterest)

On Thursday, the Indian stock market closed higher, with the benchmark Nifty 50 holding above the 23,400 level. The Sensex closed up 13.84 points, or 0.02 percent, at 74,360.01, while the Nifty 50 rose 10.95 points, or 0.05 percent, to settle at 23,416.55. On Thursday, the Bank Nifty index closed up 121.90 points, or 0.22%, at 54,307.85.

In today’s trading, Indian stock market investors can focus their attention on Tata Motors, ICICI Bank, Indigo, Vedanta, Tata Steel, Aurobindo Pharma, CG Power & Industrial Solutions, Billionbrains Garage Ventures (Grove). Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladhar, recommended stocks for investors to buy and sell today including IMFA, NBCC and Anupam Rasayan.

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Sumeet Bagdia, Executive Director, Choice Broking, has recommended five stocks for investors to buy today. These include Astra Microwave Products, Bliss GVS Pharma, MTAR Technologies, Honasa Consumer and Krishna Institute of Medical Sciences. Investors trading in the Indian stock market today may consider buying shares of BSE, Laurus Labs and Exide Industries, advises Chandan Taparia, Head, Derivatives and Technicals, Wealth Management, Motilal Oswal Financial Services.

(Note: The information in the above article is based on individual analysts and experts. Navarashtra.com does not make any claim. We advise investors to consult certified experts about stocks before taking any investment decision.)