Indian Stock Market Update June 12:
The Indian stock market is expected to start on a cautious note on Thursday, 12 June 2025, due to mixed global signals. While the US markets ended lower, Asian markets gave mixed performances. The Indian markets had closed slightly higher the previous day.
On Wednesday, the Sensex gained 123 points to settle at 82,515, and the Nifty 50 rose 37 points to close at 25,141. Experts say that for Nifty to break above 25,200, strong positive triggers are needed. Until then, investors are advised to focus on specific stocks and manage their trades wisely, especially since many midcap and small-cap stocks are overbought.
Key Global Market Highlights:
Asian Markets: Japan’s Nikkei fell slightly, while Topix rose. South Korea’s Kospi gained, but Hong Kong’s market indicated a weak start.
Gift Nifty: It was trading at 25,191, slightly lower than the previous close, hinting at a slow start for Indian indices.
US Markets: Wall Street closed lower due to inflation concerns and tensions in the Middle East. Nasdaq fell 0.5%, and S\&P 500 lost 0.27%.
US Inflation: Consumer prices increased only 0.1% in May, below expectations. This raised hopes for a possible interest rate cut by the US Fed.
US-China Trade Deal: A framework for trade was reportedly agreed upon, with President Trump claiming strong tariff gains for the US.
Middle East Tensions: Rising issues in the region pushed oil and gold prices higher, as investors sought safe-haven assets.
Japan’s Business Sentiment: Business confidence dropped for the first time in five quarters, indicating pressure on large firms.
Other Updates:
Gold Prices: Rose due to safe-haven demand and expectations of lower US interest rates.
Oil Prices: Reached their highest in over two months because of geopolitical tensions.
US Dollar: Weakened as traders expected the Federal Reserve to cut rates soon.
Investors are advised to stay updated with global cues and adopt a cautious, stock-specific approach in the current market environment.
Also Read:Hibiscus Oil for Hair Regrowth: Easy DIY Method at Home