Stock market today, June 1 -- The Indian stock markets saw declines for the second week in a row, with both the Nifty 50 and Sensex dropping by nearly 0.4%, ending the week at 24,750 and 81,451, respectively, on May 31. Meanwhile, the Bank Nifty index showed better performance, rising by 0.63% to finish at 55,749, thanks to robust results in the banking sector.

Experts note that domestic economic indicators are promising, such as an improved monsoon forecast, a stable inflation trend, and an encouraging Q4 GDP growth rate of 7.4%, which could mitigate risks. The market appears to be anticipating a 25 bps rate cut, which would enhance projections for sectors sensitive to interest rates. While the favourable macroeconomic conditions may up...