Indian Stock Market Update: Sensex and Nifty Rise Amid Trade Optimism

On June 11, 2025, Indian benchmark indices experienced modest gains with the Sensex rising by 2935 points to reach 82,684, while the Nifty increased by 88 points to settle at 25,192. This uptick in the market is attributed to positive influences from other Asian markets amid ongoing US-China trade discussions in London. Market analysts have noted that the surge in foreign portfolio investments, amounting to ₹2,302 crore, alongside domestic institutional buying, has provided substantial support to the equity markets, despite a previous four-day winning streak being interrupted by profit-taking in financial stocks.

The market's resilience is further bolstered by developments in bilateral trade discussions between India and the United States, particularly in robust sectors like industrial goods and agriculture. Indian Prime Minister Narendra Modi recently highlighted the nation’s infrastructure advancements, emphasizing the role of improved connectivity in enhancing living standards, which is expected to contribute positively to economic growth.

Rajesh Bhosale, an equity technical analyst at Angel One, remarked on the current market conditions, stating, "While the day began positively, the lack of sustained buying led to a brief dip below Monday's low. However, prices have since rebounded, indicating a potential consolidation phase. Key support levels are identified at 25,000 and 24,900, with resistance at 25,250 and 25,300."

Additionally, the National Stock Exchange (NSE) recently hosted a consultation workshop in Mumbai concerning the Draft Climate Finance Taxonomy Framework, which aims to direct capital flows towards sustainable projects, aligning with India’s net-zero ambitions. This initiative gathered over 55 stakeholders, including representatives from SEBI and institutional investors, indicating a serious commitment to addressing climate finance issues in the country.

In commodities, natural gas futures have shown a bearish trend, declining by approximately 7% this week. The current trading price is around ₹303 per mmBtu. Analysts suggest that the market may experience a continued consolidation phase, driven by global economic indicators, including upcoming US inflation data and consumer price index reports in India.

Overall, the Indian stock market is anticipated to navigate through this consolidation phase in the near term, as global economic conditions, particularly those surrounding US-China trade negotiations, play a crucial role in shaping investor sentiment. As the market continues to respond to these developments, stakeholders are advised to closely monitor pivotal economic indicators that could influence market movements in the forthcoming sessions.