Nifty 50 Outlook for June 10, 2025: Strong Opening Ahead—with Bullish Signals from Key Stocks
Nifty 50 to open strong on June 10, 2025—global cues are positive, and top stocks show bullish setups.
Nifty 50 Opening & Expected Range Today
Indian benchmark Nifty 50 is poised for a gap-up start today, June 10, 2025, driven by positive global cues, a sharp increase in Gift Nifty, and bullish technicals in heavyweights like Reliance, HDFC Bank, and TCS. Pre-market indicators suggest a robust trading session with strong institutional flows and positive momentum in key index movers.
Global Market Snapshot
Asian Markets (as of 8:30 AM IST)
Nikkei 225: Up 0.52%, driven by tech and export gains
Hang Seng Futures: Firmly higher, led by banking and energy stocks
Kospi (South Korea): Marginally up 0.28% amid chip stock recovery
Straits Times (Singapore): Slightly positive
Overall, Asian peers reflect risk-on sentiment, supported by easing U.S. inflation expectations and optimism around global growth.
U.S. Futures
Dow Futures: +0.04%
S&P 500 Futures: +0.04%
Nasdaq Futures: -0.05%
U.S. markets were broadly flat overnight, with investors awaiting key macro data later this week, including CPI inflation and the Fed meeting.
Gift Nifty Trends
Gift Nifty traded between 25,229 and 25,248 in early Singapore sessions, indicating a 50–70 point gain over Nifty 50’s previous close. This suggests a strong start near the 25,250–25,270 levels.
Key Nifty 50 Levels for June 10
Expected Opening: ~25,250
Support Levels: 25,100 / 25,000
Resistance Levels: 25,350 / 25,450
Intraday Range: 25,000 – 25,450
A breakout above 25,350 on strong volume can open the gates to 25,600–25,700.
Top 10 Nifty Stocks: Prices and Bullish Triggers
| Stock | Price (₹) | Technical Setup |
|---|---|---|
| Reliance | 1,448.80 | RSI ~61.6, MACD bullish, retesting breakout |
| HDFC Bank | 1,978.90 | RSI ~63.9, bullish hammer, strong delivery volumes |
| ICICI Bank | 1,434.80 | RSI ~59.3, OBV rising, holding 20 EMA |
| Infosys | 1,572.90 | RSI ~52.5, MACD crossover, IT recovery driver |
| TCS | 3,421.90 | RSI ~39.4, Golden cross forming on daily chart |
| L&T | 3,678.90 | RSI ~64.1, lifetime high breakout, strong infra momentum |
| ITC | 423.05 | RSI ~45.9, forming a rounding base pattern |
| Bharti Airtel | 1,865.10 | RSI ~56.9, Bollinger Band breakout with volume |
| HUL | 2,393.20 | RSI ~56.3, reclaiming 200 DMA |
| Maruti Suzuki | 12,637.00 | RSI ~54.5, higher highs and higher lows pattern |
These top 10 stocks represent over 60% of the Nifty’s market cap. Their synchronized bullish positioning bodes well for index momentum.
Sectoral Outlook
IT Sector:
With Infosys and TCS showing signs of technical recovery, the Nifty IT index may outperform. A weaker rupee and positive global tech sentiment are aiding the rebound.
Banking & Financials:
HDFC Bank and ICICI Bank are holding above short-term averages, while SBI is showing consolidation near its peak. Rate cut hopes continue to buoy banking stocks.
Automobiles:
Maruti Suzuki, Eicher, and M&M are leading the charge on strong domestic demand and improving rural sentiment. EV news and FAME-III policy speculation is also driving traction.
FMCG:
Stocks like ITC and HUL are seeing fresh buying interest due to a stable input cost outlook and rural demand revival.
Infra/Capital Goods:
L&T's record-high breakout could lead to a sector-wide rally, supported by order inflows and policy tailwinds.
Institutional Flows & Macro Drivers
FIIs: Continued net buying over the last 4 sessions
DIIs: Steady inflows in midcaps and select large-caps
Crude Oil: Brent at ~$67, easing inflation concerns
USD/INR: Stable around 83.20, helping import-heavy sectors
RBI Outlook: Dovish tone maintained, aiding banking rally
Trading Strategy for the Day
Intraday:
Buy Nifty on dips to 25,150–25,200 with stop-loss below 25,050
Targets: 25,350 / 25,450
Positional:
Long Nifty above 25,350 for a potential move to 25,700
Consider trailing stop-losses to protect gains
Investors:
Accumulate quality names like TCS, HDFC Bank, and L&T on dips
Monitor global inflation, Fed commentary, and FII's stance
Final Thoughts
With strong global cues, positive Gift Nifty trends, and bullish formations across top index stocks, Nifty 50 is set to open on a high note and potentially extend gains during the session. However, traders must keep an eye on intraday resistance zones and global data triggers that could influence volatility.
A sustained move above 25,450 may confirm breakout continuation towards 25,700 in the coming sessions. Watch for delivery-based buying and sector rotation.
Disclaimer: This content is for educational purposes only and not investment advice. Please consult a SEBI-registered advisor before making trading decisions.
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