Traders are closely watching the possibility of a U.S. interest rate cut in September, with another cut expected by December 2025.
Indian Stock Market Opens Flat on Final Trading Day of June Amid Global Optimism
Indian Stock Market today latest updates: The Indian stock market opened on a flat note on Monday, marking the final trading session of the month of June, ANI reported. The subdued opening was supported by positive global cues and easing geopolitical tensions.
According to the report, the Nifty 50 index opened at 25,661.65, gaining 23.85 points or 0.09 per cent, while the BSE Sensex opened slightly lower at 84,027.33, down by 31.57 points or 0.04 per cent.
Experts cited in the report attributed the positive global sentiment to a reduction in geopolitical tensions, progress on trade deals, and developments around former U.S. President Donald Trump’s proposed “Big Beautiful Bill” in the Senate.
The report also mentioned that expectations of higher oil production from the OPEC+ group are helping to keep oil prices in check, while a weaker U.S. dollar is encouraging capital inflows into emerging markets like India.
Traders are closely watching the possibility of a U.S. interest rate cut in September, with another cut expected by December 2025.
Ajay Bagga, a banking and market expert, told ANI, “Of course, the July 9 tariff deadline looms large, but markets are factoring in rough-and-ready trade deals with over 12 major partners before that. There are understandings with most countries based on a universal 10 per cent tariff and sector-specific tariffs.”
The Indian trade negotiation team has reportedly extended its stay in the U.S. to finalize a draft trade agreement.
In broader indices, Nifty 100 opened flat with a 0.05 per cent gain, Nifty Midcap 100 rose 0.47 per cent and Nifty Smallcap 100 gained 0.57 per cent.
Among sectoral indices, Nifty PSU Bank led the gains, rising over 1 per cent, followed by Nifty Media (up 0.46 per cent), Nifty Consumer Durables (up 0.38 per cent), Nifty Metals (up 0.09 per cent), and Nifty IT (up 0.04 per cent).
Sunil Gurjar, SEBI-registered research analyst and founder of Alphamojo Financial Services, stated,“Nifty’s recent breakout from a 31-day narrow consolidation phase, observed during Thursday’s monthly expiry, has led market bulls to project a new all-time high in the near term. This outlook is supported by continued foreign institutional investor (FII) buying, a positive global macroeconomic backdrop, an 11 per cent weekly fall in crude oil prices, and July’s historically bullish trend.”
“Overall, with strong global cues and progress on trade talks, the Indian market appears to be in the early stages of a steady upward rally,” the ANI report added.
However, a Reuters report offered a slightly more cautious view, noting that India’s main stock market indexes fell slightly on Monday due to profit-taking in financial stocks, even as geopolitical tensions eased and foreign investment inflows remained positive.
Seven of the 13 major sectoral indices logged losses, its report said.
G. Chokkalingam, founder and head of research at Equinomics Research, told Reuters, “Many promoters, private equity funds, and early foreign investors are likely booking profits as markets approach record high levels and valuations appear stretched, prompting a temporary pause in the rally.”
