Stock Market Today: Key Updates Ahead of June 9 Trading

Updated on 9 June 2025

Indian equities are poised for a steady start to the week, supported by improved global sentiment, easing U.S.–China tensions, and a recent domestic policy boost from the Reserve Bank of India. Investors are keeping a close eye on macro indicators and sector-specific flows ahead of a key data-heavy week.

GIFT Nifty Signals Slightly Positive Opening

As of 6:30 a.m. IST, GIFT Nifty futures were trading 0.02% higher at 25,163.50, suggesting a marginally firm open for Indian markets.

Across Asia, markets opened mixed. Japan and South Korea saw early gains, while S&P 500 futures traded flat after Wall Street rallied on Friday, buoyed by robust U.S. employment data and optimism around renewed trade dialogue between Washington and Beijing.

Domestic Momentum: RBI Rate Cut Sparks Rally

On Friday, the Reserve Bank of India (RBI) delivered a larger-than-expected 50 basis point rate cut, lowering the repo rate to 5.5%. This marked a strong policy shift to support growth and liquidity.

• Nifty 50 surged 252 points (+1.02%) to close at 25,003

• Sensex gained 746.95 points (+0.92%) to finish at 82,188.99

  
  

Investor participation was strong, with foreign portfolio investors (FPIs) net buying ₹1,009.7 crore in equities and domestic institutional investors (DIIs) continuing their buying streak for the 14th session, adding ₹9,342.5 crore.

U.S. Jobs Report Reinforces Soft-Landing View

Data released on June 7 showed that the U.S. economy added 139,000 nonfarm jobs in May — a modest deceleration from April, but still solid. The unemployment rate remained stable at 4.2%, while average hourly earnings rose 0.4% month-over-month, or 3.9% year-over-year.

The combination of steady employment and moderate wage growth reassures global investors that inflation is cooling without damaging labor markets — a key factor behind current risk-on sentiment.

Market Summary and Sector Buzz

• Sectors rallying: Auto, real estate, and PSU banks on rate-sensitive tailwinds

• MCX: Cleared by SEBI to launch electricity derivatives

• Infosys: Cleared of GST demand worth ₹32,403 crore; stock expected to stay active

• Mahindra & Mahindra: May output, sales, and exports rose sharply YoY

• Hindustan Copper & Rites: Partnering on critical mineral supply chain

  
  

Currency & Bond Market Highlights

• INR closed 16 paise stronger at ₹85.64/USD, following the RBI policy

• 10-year G-Sec yield edged up 4 bps to 6.29%

What to Watch This Week

• June 11: India CPI and U.S. CPI releases

• June 12: U.S. PPI data

• June 17–18: Fed FOMC meeting with updated projections

• Corporate developments: Infosys, HDFC Bank, and banking rate revisions