Nifty 50 Today – June 11, 2025: Global Cues, Opening Trend, and Top 10 Stock Setups

1. Asian Markets Set a Positive Tone

Asian equities opened on a slightly optimistic note this morning. Major indices like Japan’s Nikkei and Australia’s ASX 200 registered mild gains, reflecting positive investor sentiment. Southeast Asian markets, including Singapore and Indonesia, also showed early green ticks.

This strength across the Asia-Pacific region is being supported by easing global economic concerns and hopes for steady trade flows. These developments provide a constructive backdrop for the Indian market’s opening.

2. GIFT Nifty and US Futures: Key Global Signals

GIFT Nifty Snapshot:

The GIFT Nifty traded between 25,175 and 25,205 in early hours today. This indicates a likely positive start for Indian equities, tracking broader global optimism. The strength in futures suggests bulls may try to regain momentum after last week’s consolidation.

US Market Cues:

Overnight, the Dow Jones and S&P 500 closed modestly higher, supported by buying in tech and financial stocks. The Nasdaq Composite also added gains, riding on renewed optimism ahead of key inflation data expected later today.

Futures for major US indices remained in the green this morning, hinting that global risk appetite is intact for now, a key supportive factor for Indian markets.

3. Macro Triggers: Trade, Inflation & Policy Hopes

Global markets remain fixated on two major factors — the outcome of US-China trade discussions and the US CPI inflation report. Any signal of easing price pressure could shift expectations on interest rates, allowing central banks more room to pause or delay hikes.

The trade narrative has been mildly encouraging, with diplomatic tone softening between Washington and Beijing. As a result, market participants are hopeful that no major disruption will occur in global supply chains.

4. Nifty 50 Outlook for June 11: Opening & Range

Based on global indicators and GIFT Nifty’s strength, here is the expected market behavior today:

Likely Opening: 25,175–25,200
Support Levels: 25,000, followed by 24,880
Resistance Levels: 25,250 and 25,400

A strong push above 25,250 could trigger more buying, possibly aiming toward 25,500 by this week. However, a slip below 25,000 might attract cautious trading and some profit booking.

5. Technical Check: Top 10 Nifty 50 Stocks to Watch

Here’s a detailed look at the technical signals of the top 10 Nifty heavyweights that may drive market momentum today:

1. HDFC Bank

Price is comfortably above the 20-day and 50-day moving averages.
RSI stands at ~65, suggesting strong upward momentum.
Watch ₹1,730 as breakout resistance; support lies at ₹1,700.

2. Reliance Industries

Consolidating after a strong rally, forming a bullish flag pattern.
MACD histogram is rising.
₹3,580–3,600 is the breakout zone; support rests near ₹3,520.

3. ICICI Bank

Strong structure; price bouncing from 50-DMA.
RSI at 61 supports further upside.
Resistance around ₹1,160; support at ₹1,130.

4. Infosys

Recently broke out from a descending channel.
Positive divergence on the RSI and MACD crossover confirmed.
₹1,620 is the key hurdle; above it, ₹1,650 is possible.

TCS (Tata Consultancy Services)

. Forming a classic cup and handle pattern on the daily chart — a bullish continuation setup.

. Volume: A Gradual rise in volume on green candles supports the possibility of a breakout.

. Resistance: ₹3,950 – key breakout level; crossing this could trigger a rally toward ₹4,050– ₹4,100.

6. Bharti Airtel

Sideways movement shifting to a bullish trend.
Trading above short-term averages with strength in RSI.
Breakout seen above ₹1,270; can move to ₹1,320 if sustained.

7. HUL (Hindustan Unilever)

Recently crossed its 50-DMA with volume support.
Neutral RSI (~55) turning bullish.
Watch ₹2,780 as resistance; support near ₹2,700.

8. Kotak Mahindra Bank

A bullish candle formed after a consolidation.
MACD crossover on the hourly chart; good signs for intraday traders.
₹2,200 is resistance; above that, a rally to ₹2,260 is possible.

9. ITC Ltd

Fresh breakout seen from the ₹455–₹465 range.
Volume spikes suggest institutional buying.
Targeting ₹480–₹490 short term; support at ₹460.

10. Axis Bank

Retested 100-DMA successfully and bounced.
Bollinger Bands are widening, indicating upcoming volatility.
₹1,240–₹1,260 is the watch zone.

6. Today’s Trading Plan: Strategy Based on Scenarios

Market Behavior	Recommended Strategy
Above 25,250 (Breakout)	Long Nifty Futures: focus on Reliance, Infosys
Rangebound (25,000–25,250)	Scalping strategies: avoid aggressive bets
Below 24,900 (Breakdown)	Consider hedging or index shorts via options
Post-CPI Data Volatility	Stay light; reassess positions post 2:30 PM

Index traders should combine sector-specific cues (especially banking, IT, and FMCG) with price-action signals. Top gainers could deliver sharp intraday moves.

7. Key Timings & Events to Track

9:00 – 9:15 AM: Monitor pre-open prices of top movers
9:30 – 10:30 AM: Spot early trends in banks and tech stocks
11:00 AM – 12:00 PM: ASEAN mid-session clues and US futures
2:30 PM – 3:15 PM: React to US CPI and possible FII flows

8. Summary: What to Expect

Markets appear ready to start the day on a strong footing, with Nifty 50 likely to open above 25,175. Supported by global cues, upbeat Asian markets, stable GIFT Nifty, and technical strength in major constituents, the setup is constructive for bulls.

Watch out for breakouts in Reliance, HDFC Bank, and Infosys, which can drive intraday momentum. As long as the index holds above 25,000, the broader structure remains bullish.

The Financial And Tech Literacy