Indian Stock Market Outlook: 7 Key Overnight Developments Shaping Sensex, Nifty on June 10

Gift Nifty premiums, US-China trade talks, dollar weakening, and steady gold prices set the tone for a cautious yet optimistic market start on Tuesday.

June 10, 2025: The Indian stock market is set for a firm opening on Tuesday, June 10, as global sentiment leans positive and investors keep a close watch on trade negotiations between the United States and China. On Monday, the Sensex and Nifty recorded their fourth consecutive session of gains, with broad-based buying and resilient domestic flows.

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Here are 7 key overnight cues shaping the Indian markets today:

1. Gift Nifty Signals Green Start

Gift Nifty traded around 25,245, a 63-point premium over Nifty futures’ previous close, indicating a positive open for Indian indices. Traders remain hopeful as bullish momentum continues.

2. Sensex, Nifty Close Higher for 4th Day

On Monday, the Sensex climbed 256.22 points (0.31%) to end at 82,445.21, while the Nifty 50 rose 100.15 points (0.40%) to 25,103.20, supported by gains in large-cap and financial stocks.

3. Asian Markets Rise, US Flat on Trade Talks Watch

Asian equities saw a modest rise:

Nikkei 225 gained 0.51%
Kospi rose 0.32%
Kosdaq added 0.28%
However, Hong Kong’s Hang Seng futures hinted at a weaker open. Meanwhile, Wall Street remained largely flat as investors await outcomes from the US-China negotiations.

4. US-China Trade Talks Resume Today

US and Chinese negotiators reconvene in London for Day 2 of high-stakes talks over export controls and Geneva accord disputes. President Donald Trump expressed optimism, stating the US was “doing well” in the negotiations.

5. US Dollar Weakens

The dollar index fell 0.2% to 98.942, as the greenback slipped against most major currencies:

USD/JPY at 144.55
GBP/USD at 1.362
EUR/USD at 1.1427
This weakness in the dollar reflects investor anticipation of dovish signals amid trade uncertainty.

6. Gold Prices Hold Steady

Gold prices were mostly stable:

Spot gold down 0.2% to $3,322.07/oz
US futures dipped 0.4% to $3,341.90/oz
Markets are cautiously optimistic, keeping gold subdued despite geopolitical risks.

Also Read: Gold and Silver Prices Today, June 9: Chennai Leads With Highest Gold Rates; Silver Crosses ₹1.06 Lakh

7. Crude Oil at 2-Month High

Oil prices edged up:

Brent crude at $67.13/barrel
WTI crude at $65.40/barrel
Prices touched the highest since early April, buoyed by hopes that a trade breakthrough will revive global demand.

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Indian stock market, Sensex today, Nifty 50, Gift Nifty, US China trade talks, dollar index, gold prices, crude oil, Asian markets, Wall Street, global market cues

News Desk