Nifty outlook today
Here’s the **Nifty outlook for June 9, 2025**, along with what to watch going forward:
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## π **Market Snapshot & Recent Performance**
* **Nifty 50 closed at \~25,103**, up 0.40% (+100 points), marking its fourth consecutive day of gains and an eight-month high ([moneycontrol.com][1]).
* The rally was broad-based, led by gains in the banking, IT, power, and PSU bank sectors ([moneycontrol.com][1]).
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## π **Drivers Behind the Upswing**
* **Monetary easing**: RBI surprised markets with a 50 bps repo rate cut and 100 bps CRR reduction—boosting liquidity, lending, and investor sentiment ([reuters.com][2]).
* **Global tailwinds**: Robust US jobs data and progress in US–India trade talks supported risk appetite ([reuters.com][2]).
* **Foreign inflows**: FIIs turned net buyers, bolstered by optimistic global factors and technical strength .
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## π ️ **Technical Levels to Monitor**
* **Support/Resistance**:
* Key support lies at **24,800** (20‑day SMA); a fall below 24,800–24,700 could test \~24,500 ([livemint.com][3]).
* Immediate resistance is at **25,100**, with potential upside to **25,400–25,600** on a breakout .
* A breach above 25,100 may open the path to **25,500** in the coming weeks ([livemint.com][4]).
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## π **Expert Sentiment & Strategy**
* **Market structure**: Analysts describe the rally as constructive, despite recent consolidation between \~24,500–25,500; further rally depends on fresh catalysts .
* **Sector focus**: Financials, consumer goods, infrastructure remain favored. Cautious stance on export—and globally exposed segments ([economictimes.indiatimes.com][5]).
* **Near-term taboos**: Watch for inflation/CPI data, RBI stance, global headwinds, and monsoon-related cues .
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## π **What’s Next – The Week Ahead**
* **Macro triggers**: Portfolio flows (especially FIIs), US–India trade talks, domestic inflation data, and RBI commentary will be key .
* **Technical watchlist**:
* Bullish: holds above 25,000–25,100 with upside to 25,500–25,600.
* Bearish: drops below 24,800, risking 24,500.
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## ✅ **Bottom Line**
Nifty is in a cautiously optimistic mode, driven by domestic liquidity and global positivity. Maintaining the 24,800–25,000 base is critical. Focus on:
* Market momentum: Will it break and hold above **25,100–25,500**?
* Hawk–dove RBI narrative affecting flows.
* Global developments like US jobs, currencies, and trade dynamics.
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