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.

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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.

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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.

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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

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