Indian Stock Market June 9:

On June 9, 2025, the Indian stock market is expected to start on a positive note. The Nifty 50 and Sensex, India’s major benchmark indices, are likely to rise, supported by global optimism and hopes around the upcoming US-China trade talks.

Indian Stock Market June 9:

On Friday, the Indian stock market closed strong. The Nifty 50 crossed the 25,000 mark after the Reserve Bank of India (RBI) reduced the repo rate by 50 basis points to 5.5% and also cut the Cash Reserve Ratio (CRR) by 100 basis points. The Sensex ended the day 746 points higher at 82,188.99, while the Nifty gained over 252 points to settle at 25,003.05.

Sensex Outlook:

The Sensex has shown strong upward movement and formed a bullish pattern on the charts. Experts say as long as it stays above 81,600, it can go up to 82,600 or even 83,500. If it falls below 81,600, it might go down to 80,600 or 80,200.

Nifty 50 Forecast:

Nifty also showed bullish signals. Analysts believe it could touch 25,200 or 25,500 this week. Immediate support lies at 24,850. If Nifty stays above 25,120, further gains are expected. Below 24,900, it may become weak.

Bank Nifty Performance:

The Bank Nifty jumped 817 points on Friday to close at 56,578. It broke out from a six-week consolidation, indicating a possible long-term upward trend. Key support levels are 56,000 and 55,500, while resistance is seen at 57,000 and 57,500.

Overall, the market sentiment remains positive. Analysts suggest traders consider buying on dips, keeping an eye on important support and resistance levels. However, investors should always consult certified professionals before making financial decisions.

Also Read:Indian Govt Suggests This Smart AC Hack to Lower Electricity Bills

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