Sensex Today | Stock Market LIVE Updates: Nifty holds above 24,600 
; Ircon International soars 12% 
Market Opening – June 4, 2025 (Wednesday):
Indian indices opened in the green with minor gains.
Nifty 50 opened at 24,560.45- Sensex opened at 80,777.65
Market Context & Drivers:
Tuesday was a weak session, with Nifty closing near the day’s low despite defending 24,500.
Nifty Bank, after hitting a record high, faced profit booking, pulling down the broader index.
Broader markets failed to support due to multiple block deals, adding to pressure.
Block Deals in Focus Today:
4 major block deals expected today:- Alkem Labs
- Tata Technologies
- Indegene
- Aditya Birla Fashion
A potential deal in Eternal (Nifty 50 stock) is also being speculated.
Sectoral Trends:
Defence stocks are seeing strong gains once again amid broader weakness.- Stocks on the radar for block deals are seeing declines.
Monetary Policy Outlook:
RBI’s Monetary Policy Committee begins its 3-day meeting today.
While a rate cut is widely expected, the debate focuses on quantum and future trajectory.
Global Cues:
Global sentiment is positive.- U.S. job openings surprised on the upside.
- S&P 500 surged and is now just 80 points away from an all-time high.
