Sensex Daily Outlook: Stocks Rise on US-China Trade Hopes

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Posted by AI on 2025-06-11 17:13:12 | Last Updated by AI on 2026-06-27 00:02:42

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Indian stocks rose today, with the BSE Sensex closing 123 points higher led by IT stocks buoyed by hopes of easing US-China trade tensions.

The BSE Sensex closed at 38,821, up by 123 points, with HCL Tech rising 3% and Infosys rising 2%. Nifty ended above 25,100.

India-US trade talks, along with global cues, US-China negotiations, institutional flows, and US May inflation data are expected to guide the Sensex and Nifty tomorrow.

Recent statements from US officials that the US-China trade negotiations are in the final stages have buoyed investors worldwide.

The upbeat mood could be seen in Asian markets, with Japan's Nikkei 225 rising 1.2% and China's Shanghai Composite rising 1.7%.

In contrast, European markets opened lower, with the FTSE 100, DAX 30, and CAC 40 down by 0.5%, 0.3%, and 0.2%, respectively.

The rise in the Indian stock market came despite the Indian rupee falling to a fresh record low of 74.28 against the US dollar.

The weak rupee could be a concern for investors and could weigh on market sentiment in the upcoming sessions.

All sectoral indices on the BSE ended in the green, led by IT, teck, and energy, rising 1.7%, 1.4%, and 1.2%, respectively.

The rise in IT stocks came despite Infosys posting its lowest annual revenue growth in six years, rising 7.14% to Rs 31,867 crore in the fiscal year 2021.

The IT major's revenue rose 0.8% QoQ, while its profit rose 5.7% in the March quarter.

The company's CEO Salil Parekh said that he is confident of Infosys delivering growth in the high single digits in constant currency terms in the next fiscal year.

The promising outlook has buoyed investor sentiment, with the stock rising 2% today.

Conclusion:

The rise in the Indian stock market was led by IT stocks buoyed by hopes of easing US-China trade tensions and upbeat forecasts for the sector.

However, the weak rupee remains a concern for investors, and India-US trade talks, global cues, US-China negotiations, institutional flows, and US May inflation data will guide the Sensex and Nifty in tomorrow's session.

Will we see this upward trend continue, or will the rupee's decline affect investor sentiment? We'll have to wait and see. Stay tuned for more updates.

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