How Will Nifty, Sensex Open Amid Global Caution? Things That Changed Overnight for the Markets

Indian equity indices expected to see a muted start as global cues turn cautious. Nifty 50 forms Doji pattern; Bank Nifty signals mild correction.

Indian Stock Market Outlook – June 12, 2025

Markets may open lower on Thursday as Gift Nifty signals a weak start, trading at a 40-point discount to Nifty futures’ last close. Despite recent gains, the indices are showing signs of fatigue near key resistance levels.

Also Read: Trump Declares US-China Deal Final On Rare Earths, Student Visas Amid Trade Truce Revival

Key Indicators:

• Nifty 50 closed at 25,141.40 on June 11 (+0.15%), forming a Doji candle — a sign of market indecision.
• Sensex ended at 82,515.14 (+123 points), unable to decisively breach 82,700.
• Bank Nifty closed at 56,459.75, down 0.30%, forming a bearish “three black crows” pattern.

Also Read: Vande Bharat, Train to Srinagar, Sees Booking Frenzy Since Inauguration-All Seats Booked for Next 10-Days

Technical View:

Nifty 50

• Resistance: 25,200 – 25,300
• Support: 25,000, with stronger support near 24,800 – 24,970
• A decisive breakout above 25,200 could push the index toward 25,600.
• Analysts advise a buy-on-dips approach while remaining cautious ahead of the weekly expiry.

Also Read: Dollar Slips as Inflation Cools; Markets React to Surprise US-China Trade Deal

Sensex

• Range-bound between 82,000 – 82,700
• Breakout above 82,700 may take it to 83,000 – 83,300
• Breakdown below 82,000 may drag it toward 81,500

Bank Nifty

• Immediate support: 56,100, key zone at 55,400 – 55,500
• Resistance: 57,300
• Pattern signals profit booking, but broader trend remains bullish unless key support is breached.

Expert Commentary:

• HDFC Securities: Market has failed to regain momentum post breakout; resistance remains strong at 25,200.
• Kotak Securities: Sensex shows indecision; wait for a breakout above 82,700.
• Hedged.in: Rejection at upper Bollinger band suggests a potential pullback to 24,800.
• Choice Broking: OI data points to strong resistance at 25,200–25,300, with support around 25,000.
• Bajaj Broking: Bank Nifty remains in a bullish structure, but could correct mildly.

Investment Strategy:

• Traders advised to stay neutral ahead of expiry.
• Monitor resistance zones closely; volatility likely around expiry.
• Use dips for entry in fundamentally strong stocks.

Tags:

Sensex prediction, Nifty 50 outlook, Bank Nifty forecast, stock market today, technical analysis, Indian stock market, Gift Nifty trends, June 12 stock tips, Nifty support resistance