India's stock market extended its rally for the fourth consecutive session on June 9, 2025, with the Nifty 50 closing above the 25,100 mark at 25,103.20, its highest closing level of the year and an eight-month high. The Sensex gained 256.22 points to settle at 82,445.21. The rally was supported by positive global cues and a liquidity boost following the Reserve Bank of India's (RBI) larger-than-expected cuts in the Cash Reserve Ratio (CRR) and repo rate. The Bank Nifty index reached a record high of 57,049.50, driven by optimism around the RBI's monetary policy easing. The Nifty PSU Bank index rose 1.5%, with major state-run banks such as Punjab National Bank, Bank of Baroda, and Indian Bank posting gains up to 4%. Key gainers included Jio Financial Services (+3.89%), Kotak Mahindra Bank (+3.25%), Bajaj Finance (+2.69%), Trent (+2.51%), and Axis Bank (+2.17%). Midcap and smallcap stocks outperformed large caps, with the Nifty Midcap 100 index rising 1.13% and the Nifty Smallcap 100 index up 1.57%. The IT sector also advanced, supported by strong U.S. employment data, with the Nifty IT index up 1%. The market momentum was further bolstered by strong performances in gold, NBFCs, and banking stocks. Overall, nearly 40 Nifty stocks closed in the green, reflecting broad-based gains across sectors.