Indian Stock Market Set for Positive Open Amid Global Optimism on US-China Trade Talks

Gift Nifty trades with a premium; global cues, trade optimism, and key inflation data keep markets on edge. Gold dips, oil weakens, and dollar holds steady.

Mumbai, June 11, 2025 —
The Indian stock market is poised for a positive opening on Wednesday, buoyed by strong global cues and cautious optimism over renewed trade negotiations between the US and China. The Gift Nifty was trading at 25,178.50, about 34 points higher than the previous close of Nifty futures, signaling a likely upbeat start for the benchmark indices Sensex and Nifty 50.

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🧭 Market Snapshot:

• Sensex fell 53 points on Tuesday, ending at 82,391.72, snapping its 4-day winning streak.
• Nifty 50 closed nearly flat at 25,104.25.
• US stock markets closed higher for a third straight session.
• Asian indices opened firm on Wednesday.
• Gold prices dipped, crude oil weakened, and the US dollar remained steady.

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🌏 Global Market Cues

• Japan’s Nikkei 225 rose 0.25%, while South Korea’s Kospi surged 0.98%.
• Australia’s S&P/ASX 200 gained 0.44%, hitting a record close.
• US indices:
  • Dow Jones closed at 42,866.87 (+0.25%)
  • S&P 500 rose to 6,038.81 (+0.55%)
  • Nasdaq Composite hit 19,714.99 (+0.63%)

U.S. markets remained largely flat in futures trading as investors awaited the release of May’s CPI inflation data.

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📈 US-China Trade Talks

Talks held in London signaled progress after months of tensions. The revival of Boeing deliveries to China and approval of rare earth export licenses by China are seen as signs of easing trade friction.

US Commerce Secretary called the discussions “productive”, further lifting market sentiment globally.

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💹 Currency and Commodities

• US Dollar: Steady after trade talk progress
  • Slight dip vs Japanese Yen (144.770) and Swiss Franc (0.8218)
• Gold:
  • Spot Gold at $3,324.55/oz, down 0.1%
  • US Gold Futures fell to $3,343.40/oz
• Crude Oil:
  • Brent: $66.63/bbl (−0.36%)
  • WTI: $64.77/bbl (−0.32%)
  • Weak Chinese demand and OPEC+ output are weighing on oil prices.

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💬 Expert Take

Ajit Mishra of Religare Broking noted that the markets showed signs of consolidation after recent gains. He expects a sectoral rotation with IT, pharma, and energy leading, while banking and realty may stay subdued in the short term.

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📊 What to Watch Today:

• Gift Nifty trend and global equity movement
• US CPI inflation data and its impact on Fed policy bets
• Crude oil inventory data
• Domestic stock-specific action and FII flows

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Tags:

Indian stock market, Sensex today, Nifty 50 update, Gift Nifty, US-China trade deal, gold prices, oil prices, US dollar, Asian markets, stock market outlook