Stock Market Weekly Reset: 8 Key Triggers for Sensex & Nifty as Gift Nifty, US-China Talks Set Tone for June 10

From RBI’s bold rate cut and strong Wall Street rally to US-China trade negotiations and gold price volatility — here’s what moved markets over the weekend and what investors should watch on Monday.

June 9, 2025: The Indian stock market is poised for a strong start this week, backed by global optimism, easing inflation concerns, and bullish cues from the US and Asia. Here are the 8 key developments that will shape Monday’s market opening:

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1. Gift Nifty Hints at Positive Start

Gift Nifty was trading around 25,167, nearly 70 points above Friday’s Nifty futures close, signaling a positive opening for Indian benchmark indices — Nifty 50 and Sensex.

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

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2. RBI’s Surprise Rate Cut Boosts Sentiment

The Reserve Bank of India slashed the repo rate by 50 basis points to 5.50% and reduced the CRR by 100 bps to 3%, leading to Friday’s market surge. Sensex rallied 746 points to close at 82,188.99, while Nifty jumped 252 points to 25,003.05.

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3. Wall Street Rally Fuels Global Momentum

US indices hit multi-month highs, with the S&P 500 closing above 6,000 for the first time since February. The Dow gained 1.05%, while Nasdaq surged 1.20%, driven by tech stocks like Tesla, Amazon, Alphabet, and Apple.

Also Read: Sensex, Nifty End Higher for Third Straight Week: What to Expect from Indian Markets Next Week

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4. US-China Trade Talks in London Today

High-level trade talks between US and Chinese officials in London could ease global tensions. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will lead the discussions.

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5. Strong US Jobs Report Calms Recession Fears

US nonfarm payrolls rose by 139,000 in May, slightly above expectations, with unemployment steady at 4.2%. The data indicates a stable labor market, helping ease global economic concerns.

Also Read: Great News!! India’s Extreme Poverty Plunges To 5.3% From 27.1% In A Decade: World Bank Report

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6. Gold Prices Cool Off Amid Risk Appetite

Gold dipped slightly with spot prices at $3,303/oz, down 0.2%, while US futures declined 0.7% to $3,323 amid improving risk sentiment and strong US data. In India, gold remains near record highs, offering profit-booking opportunities.

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7. Asia Markets in Green Ahead of Trade Talks

Asia opened higher on Monday:

• Nikkei 225 up 0.95%
• Kospi jumped 1.73%
• Hang Seng futures indicated a positive bias
  This sets a bullish tone for Indian equities.

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8. Oil Prices Flat Ahead of Geopolitical Cues

Crude remained range-bound:

• Brent at $66.41/barrel
• WTI at $64.52/barrel
  Investors await outcomes of the US-China trade meeting to gauge future demand trends.

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Expert Take:
Ajit Mishra of Religare Broking says, “Rate-sensitive sectors and infrastructure themes like railways may remain in focus. A buy-on-dips strategy with selective stock picking is advisable in this phase.”

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Tags:
Indian stock market, Sensex today, Nifty 50, Gift Nifty, RBI rate cut, US China trade talks, gold prices, Wall Street rally, Asian markets, crude oil prices