After four straight sessions of gains, the Indian stock markets took a breather on June 10, ending the day slightly in the red. Here's a complete breakdown of what happened today and what traders should keep an eye on tomorrow.
🔻 Market Recap – June 10, 2025
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The Sensex slipped around 50 points to close at 82,391, while the Nifty50 ended just below 25,105, showing a flat to mild negative trend.
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Profit-booking was seen in the banking and financial sectors, while IT and midcaps remained relatively strong.
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Overall sentiment was cautious due to uncertain global signals, including developments in US-China economic talks and mixed cues from global markets.
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The recent RBI rate cut provided support, but some investors chose to book profits after the recent rally.
🔍 What to Watch on June 11, 2025
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US-China Economic Discussions
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Ongoing international trade discussions may influence investor sentiment. Any major update can trigger a sharp reaction.
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Technical Levels to Track
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For Nifty, watch key support around 25,000 and resistance near 25,350.
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For Sensex, support is around 81,667 and resistance near 83,000.
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Focus Sectors
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Watch out for momentum in IT, Realty, and Midcap sectors.
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Some volatility is expected in banking and finance as traders adjust positions.
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Global Data and Macro Trends
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Any updates from the US regarding inflation or employment could impact global equity sentiment.
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Monitor crude oil prices and bond yield changes for clues on investor positioning.
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Stock-Specific Action
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Expect movement in companies involved in block deals or regulatory updates.
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PSU and large-cap banking stocks may see renewed interest or continued selling.
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📈 Expected Market Trend
| Factor | Viewpoint |
|---|---|
| Market Direction | Neutral to Positive Bias |
| Volatility | Likely Moderate |
| Sector Watch | IT, Midcap, Realty bullish; Financials cautious |
| Key Trigger | Global cues + RBI commentary |
💡 Final Thoughts
The markets are currently in a consolidation phase after a strong run-up. For short-term traders, it’s a good time to focus on technically strong stocks and avoid aggressive positions. Long-term investors may use any dip to accumulate quality names, especially in sectors showing strength.
About Money99
Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.
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