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Stock Market LIVE Updates: GIFT Nifty hints at higher open; Asian markets rise; US May CPI eyed

Sensex Today | Stock Market LIVE on Wednesday, June 11, 2025: At 6:30 AM, GIFT Nifty futures were trading 43 points higher at 25,204, indicating a positive start for the markets. 7:22 AM Stock Market LIVE Updates: World Bank keeps India growth forecast unchanged amid trade uncertainty Stock Market LIVE Updates: Higher tax revenues and falling current expenditures are likely to contribute to a gradual decline in India's public debt-to-gross domestic product (GDP) ratio and fiscal consolidation, said the World Bank's Global Economic Prospects Report on Tuesday. The Bank has kept India's GDP growth forecast for FY26 unchanged at 6.3 per cent from its bi-annual South Asia Development update in April. This comes amid rising trade barriers and dampened exports due to weaker activity in key trade partners. 'India would maintain the fastest growth rate among the world's largest economies, at 6.3 per cent in FY26,' the World Bank said in its report. READ MORE 7:20 AM Stock Market LIVE Updates: FTA negotiations: European Union relents on raw material supply clause Stock Market LIVE Updates: India has prevailed upon the European Union (EU) to set aside negotiations on the chapter on 'energy and raw material' under the proposed free-trade agreement (FTA) being discussed by the two sides. The EU had unilaterally included the chapter, which would have required India to commit to an uninterrupted supply of raw materials — such as petroleum products, chemicals, cotton, iron and steel, copper, and other critical metals — without imposing export restrictions. 'It had been agreed ahead of the round that discussions would be put aside for the time being (on the energy and raw material chapter),' said the European Commission in a statement, days after the 11th round of FTA negotiations in New Delhi between May 12 and 16. READ MORE 7:18 AM Stock Market LIVE Updates: India Inc to double capex to $850 billion in 5 years, says S&P report Stock Market LIVE Updates: Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending spree, the report said. Driven by strong balance sheets, robust operating cash flows, and favourable government policy, Indian companies are aiming to scale up operations in what could be a defining expansion phase. The top-100 listed companies, with a combined revenue of $1 trillion and $150 billion in Ebitda (earnings before interest, taxes, depreciation, and amortisation) in 2024-25 (FY25), were expected to fund most of the investment internally, keeping leverage in check, the report said. READ MORE 7:16 AM Stock Market LIVE Updates: India, US move closer to trade deal after a week-long negotiations Stock Market LIVE Updates: India and the US teams discussed issues pertaining to market access, digital trade, and customs facilitation during the week-long deliberations on the proposed bilateral trade agreement, an official said. According to the official, both sides agreed to continue negotiations to achieve an expeditious conclusion of the initial tranche of the BTA. India and the US are working towards negotiating the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) 2025. READ MORE 7:10 AM Stock Market LIVE Updates: US markets settle higher Connect with us on WhatsApp