Indian equity indices are expected to open on a positive note. The Asian indices were trading higher. The GIFT Nifty is trading higher at 25,176. Here are key global cues to watch before the market opens that include crude oil prices, FII and DII data, business groups that most, sectoral performance, etc.
Earlier on Tuesday, the NSE Nifty 50 closed the session flat at 25,104, while the BSE Sensex lost 54 points or 0.06% to close at 82,391.
Key global and domestic cues to know on June 11, 2025
US-China trade talks conclude
The 20 hour long US and China have concluded trade talks have concluded after months of tensions and tariff frictions in London, as announced by top officials from the United States and China on Tuesday. Both countries have agreed upon a “framework” to move forward on trade. US Commerce Secretary Howard Lutnick said, “We have reached a framework to implement the Geneva consensus,” referring to the previous agreement that saw a 90-day suspension of steep tariffs on both sides.
Asian Markets
Asia-Pacific markets traded higher on Wednesday morning as investors tracked details on trade talks between Washington and Beijing. The superpowers have reached an agreement on trade, representatives said. Japan’s benchmark Nikkei 225 rose 0.25% and the Topix opened flat. South Korea’s Kospi surged 0.98% while the small-cap Kosdaq advanced 1.22%. The Asia Dow was up 0.56% at 3,688.54.
US markets
The equity futures tied to US benchmarks were trading on a lower note as investors awaited the framework of trade discussions between the two superpowers. However, the S&P 500 futures ticked down 0.16%. The futures contracts tied to the Nasdaq 100 inched down 0.17%, while futures tied to the Dow Jones Industrial Average lost 55 points, or 0.14%.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was steady at 99 on Wednesday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.05% to close at 85.61 to the dollar on June 10.
Crude oil
The crude oil prices traded on a lower note on Wednesday morning. WTI crude prices were trading at $64.88, down by 0.17%, while Brent crude prices were trading at $66.73, down by 0.21%.
FII, DII data
Foreign institutional investors (FII) were the net buyers of shares worth Rs 2,301.87 crore. On the other hand, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 1,113.34 crore on June 10, 2024, according to the provisional data available on the NSE.
Gold rate today
The gold price retreated from its new lifetime high, but still hovers near that mark. The rate for 24-carat gold today is Rs 97,010 per 10 grams. The rate of gold has surged by 4.7% in the last month. The 22 kt gold rate today is Rs 97,010 per 10 grams. The 18-carat gold price today is Rs 72,758.
Sectors that surged most in Tuesday’s trade
The glass sector’s stocks dominated today’s strong market. All the stocks in the list of glass sector closed the session in the green. The list of power sector stocks followed suit, raising the market cap by 1.43%. Further, the IT sector followed the list, surging 1.39% in market cap.
Best and worst performing business groups
The Anil Ambani Group’s market capitalisation has risen the most in Tuesday’s trade, gaining 7.55%. In the list of Anil Ambani Group stocks, all the stocks closed the session on a higher note, except for Reliance Communications. Anil Ambani Group was followed by Oswal Group, whose market cap increased by almost 4.26%, Jaipuria Group’s market cap increased by 2.76%, and others. However, the Essar Group’s market cap declined the most, falling 1.88%.