India’s benchmark share market indices, Sensex and Nifty50, started the day’s trade in green on Tuesday, June 10, 2025. The Sensex (30 firms index) surged 198.52 points to open at 82,643.73 on Tuesday. Meanwhile, Nifty50 (index with top 50 firms) was up 92.85 points to open at 25,196.05 points.
Despite Indian share market continued their upward trend on Tuesday morning, market participants appear to be in a “wait and watch” mode ahead of the outcome of the US-China trade talks in London.
Market experts attributed the gains to strong buying in rate-sensitive sectors, especially financial stocks, and pointed out that key indicators suggest further upside in the coming sessions.
Among other indices, Nifty Next 50 opened with gains of 0.4%, while Bank Nifty rose by 0.27%. In the broader markets, Nifty Midcap advanced 0.39%, and Nifty Small Cap gained 0.5% in early trade.
Sector-wise, most indices on the NSE traded with positive bias. Nifty Media led the gains by surging 0.87%. Nifty IT rose 0.54%, Nifty Metal gained 0.48%, Nifty Auto was up by 0.39%, while Nifty FMCG and Nifty Pharma each added 0.27%.
Among the top gainers in the Nifty 50 at the opening bell were Grasim, Ultratech Cement, Shriram Finance, and BEL. On the other hand, Eternal and HDFC Bank were among the top losers.
Meanwhile, other major Asian markets were also trading in the green. Japan’s Nikkei 225 was up by 1%, the Hang Seng Index gained 0.25%, Taiwan’s Weighted index rallied more than 2%, and South Korea’s KOSPI surged 0.75%.
Overall, Indian markets are expected to remain positive, but all eyes are now on the outcome of the high-level US-China trade talks, which could set the tone for global equity markets in the coming weeks.
What Else For Share Market?
Ajay Bagga, Banking and Market Expert, told ANI, “Indian markets rose led by rate-sensitive sectors, especially financials. Futures this morning are treading water like the rest of the global stock markets, waiting for the US-China talks outcome. However, key indicators on shorter time frames are pointing to a further advance in Indian indices in the coming days. But for the sharp selling by promoters, the renewed flow of IPOs and the cashing out by PEs, leading to supply of over $6.5 billion over the last 7 weeks, Indian markets would have been even higher.”
Experts believe that market sentiment remains optimistic, with large amounts of liquidity waiting on the sidelines. Any positive outcome from the ongoing US-China trade talks is likely to drive a sharp rally in global markets. A durable agreement between the two largest economies could not only ease existing tariffs but also set a more stable outlook for trade policies worldwide.
Akshay Chinchalkar, Head of Research at Axis Securities, said, “Technically speaking, whether it’s a pennant or a rectangle that the market is breaking out of, the implications are bullish with an objective of 25800. 25200 is important on the upside and as long as bears are unable to force the index below 24800, bulls clearly have the upper hand.”
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