Market Commentary: Indian equity markets in green at this time on some positive global cues
By Ankur Chandra | Published at: Jun 11, 2025 10:57 AM IST
Indian equity markets are in green. At 10:55 a.m. Indian standard time, 11th June, 2025, Nifty 50 is up by 67.30 points or 0.27%. Sensex is up by 214.49 points or 0.26%. Markets started the day in green on the back of positive global cues. US and China agreed to a trade framework yesterday in London. This trade framework will essentially continue the truce in trade war that was reached in the meeting in May between the two countries.
Meanwhile a Federal Appeals Court ruled in favor of President Trump, yesterday. The court said US President can impose some of the higher tariffs, under his Presidential authority. This judgement increases international trade risk for the time being.
President Trump’s Tax & Spending Bill is facing increased scrutiny in the US Senate. Some Republican Senators have said that they will try to bring a revised version of the bill so that the adverse impact of the tax cut measures on fiscal deficit can be reduced.
Top Gainers & Losers
Top 3 gainers at Nifty 50 at this time are Hero Motors, Coal India and M&M. Top 3 losers at this time are Jio Financial Services, Adani Ports, and Adani Enterprises. Hero Motors stock price is up today as reduction in interest rates by RBI may lower the cost of loans that many customers take for buying the company’s two wheelers. Coal India stock price is up today after the company announced that it will restart 32 mines. M&M’s stock price continues to rise after the good sales numbers posted by the company in May.
Jio Financial Services stock is seeing some profit booking today.
Among broad market indices, Nifty Smallcap 100 index is the top loser at this time. It is down by 0.04%. Some larger small cap stocks are seeing selling pressure. Nifty Microcap index is the top gainer at this time, up by 0.69%.
Banking & Financial Services stocks continue to see profit booking
Banking and financial services stocks continue to see profit booking today. Nifty Midsmall Financial Services index is the top loser at this time. It is down by 0.42%. Some FMCG stocks are also seeing selling. Nifty FMCG index is down by 0.33%. Nifty Media Index is the top gainer at this time, up by 0.67%.
Market breadth is positive at this time at NSE. 1773 stocks are advancing at this time; 837 stocks are declining.
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Source: NSE
