Stock Market Updates: Sensex, Nifty Flat; United Spirits Slumps 6%, GM Breweries Jumps 13%
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India-US trade talks, global cues, US-China negotiations, institutional flows, and US May inflation data are likely to guide the Sensex and Nifty today
Sensex Today: India-US trade negotiations, upbeat global cues, US-China trade talks, institutional flows, and the release of US May inflation data are expected to influence the benchmark indices, Sensex and Nifty, today.
At 8:45 AM, GIFT Nifty futures were trading 21 points higher at 25,181.5, indicating a flat to positive start for the domestic markets.
Global Cues
Asia-Pacific markets were trading higher on Wednesday as investors closely watched the ongoing US-China trade negotiations. US Commerce Secretary Howard Lutnick described the discussions as 'productive," with talks between officials from both countries entering a second day in London on Tuesday.
Although US Treasury Secretary Scott Bessent has exited the talks, Commerce Secretary Lutnick and US Trade Representative Jamieson Greer are expected to continue the negotiations, which could extend into Wednesday if needed.
In the region, Japan's Nikkei rose 0.33%, while the broader Topix index edged up 0.014%. South Korea's Kospi gained 0.56%, and Australia's AX200 was up 0.36%.
Meanwhile, US stock futures remained steady during early Asian trading hours as investors awaited updates from the trade discussions and the upcoming US inflation data for May.
Overnight in the US, equities extended their gains on optimism surrounding the trade negotiations. The Dow Jones Industrial Average rose 0.25%, the S&P 500 climbed 0.55%, and the Nasdaq gained 0.63%, marking a third straight session of gains for both the S&P 500 and Nasdaq.
First Published:
June 11, 2025, 09:10 IST
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