By CapitalKeeper | Mid Day | Indian Equities | Market Moves That Matter
MID-DAY MARKET UPDATE | 09 June 2025 — Cautious Optimism After Gap-Up Start
Technical Outlook | BTST Picks | Sector Performance | Global Cues
By CapitalKeeper.in — Your Financial Market Insight Partner
📊 Market Snapshot as of Mid-Day (12:30 PM IST)
Indian equity benchmarks started the day with a gap-up open, but have since witnessed mild profit booking at higher levels. Markets are consolidating after Friday’s strong rally and post-RBI rate cut euphoria. Here’s where we stand mid-session:
| Index | Opening Price | Current Price | Change (%) |
|---|---|---|---|
| Nifty 50 | 25,160.10 | 25,119 | -0.16% 🔻 |
| Bank Nifty | 57,049.50 | 56,882.75 | -0.29% 🔻 |
| Sensex | 82,574.55 | 82,482.88 | -0.11% 🔻 |
| Fin Nifty | 27,079.85 | 26,981.95 | -0.36% 🔻 |
🔍 Technical View: Index Action & Key Levels
Today’s price action suggests that indices are facing resistance near their recent highs. While the broader trend remains bullish, the intraday momentum has slowed, signaling possible consolidation ahead.
📌 Nifty 50
- Resistance: 25,200 / 25,280
- Support: 25,050 / 24,880
- RSI: 67 – healthy but nearing overbought.
- Price Action: Small Doji forming on 15-min chart – possible indecision.
📌 Bank Nifty
- Resistance: 57,150 / 57,400
- Support: 56,600 / 56,200
- MACD: Still bullish but flattening out.
- Volume declining – indicates loss of upside steam for now.
📌 Fin Nifty
- Resistance: 27,100 / 27,250
- Support: 26,800 / 26,650
- Watching for fresh cues post-lunch session from FIIs.
🌐 Global Cues Driving Sentiment (Global Cues Indian Market Today)
- US Markets (Friday): Dow +0.29%, Nasdaq +0.17% — Tech stocks supported gains.
- Asian Markets: Mixed trend. Nikkei +0.45%, Hang Seng -0.7%
- SGX Nifty: Indicates flat close ahead unless momentum builds in second half.
- Crude Oil: Trading stable at $79.10.
- Dollar Index: 104.20 – INR stable at 82.89/USD.
📌 No major global data today, but US CPI this week will be critical for global risk appetite.
🔬 Sectoral Performance Overview (Mid-Day)
🔼 Auto Sector: Continuing strong leadership
- M&M, Tata Motors, and Maruti showing sustained strength.
EV optimism and rural demand push driving auto index.
🔼 Pharma: Early signs of a short-term breakout
- Sun Pharma and Dr. Reddy’s gaining traction.
Could lead the rally if broader market turns sideways.
🔽 IT Sector: Mild profit booking
- Infosys and TCS slightly down as global tech pauses.
Wait for Nasdaq cues before fresh long.
🔼 FMCG: Stable
- ITC and Tata Consumer holding gains.
Defensive buying in FMCG continues amid high valuations in other sectors.
🔽 Banking & Financials: Consolidation
- HDFC Bank and Axis Bank under mild pressure.
PSBs like Bank of Baroda outperforming marginally.
⚡ Top 5 BTST Stocks for 10 June 2025
(SEO Focus: Best BTST Stocks Today, BTST Picks India 2025)
- Sun Pharma (CMP ₹1,687)
✔️ Strong daily breakout, volume support
🎯 Target: ₹1,711 | SL: ₹1,655 - M&M (CMP ₹3,085)
✔️ Auto sector momentum, RSI positive
🎯 Target: ₹3,156 | SL: ₹3,040 - Tata Consumer (CMP ₹1,116)
✔️ Continuation breakout post-consolidation
🎯 Target: ₹1,161 | SL: ₹1,002 - Bank of Baroda (CMP ₹248)
✔️ Bullish flag breakout on hourly chart
🎯 Target: ₹310 | SL: ₹226 - L&T (CMP ₹4,327)
✔️ Sustained institutional buying, good for carry
🎯 Target: ₹4,772 | SL: ₹4,1300
🧭 FII-DII Data from Last Session
- FII: Net buyers ₹2,180 Cr – Strong continuation post-RBI policy.
- DII: Net sellers ₹1,025 Cr – Booking profit at higher levels.
📌 Conclusion: FIIs remain supportive but cautious near resistance.
🔚 Mid-Day Strategy Summary
- Nifty & Bank Nifty are holding above key supports, but selling pressure at highs indicates caution.
- Watch for breakout above 25,200 (Nifty) and 57,150 (Bank Nifty) for directional move.
- BTST positions should be taken in trending sectors like Pharma, Auto & PSU Banks.
✅ Stay tuned for Closing Bell update by 3:45 PM IST.
📌 Final Word
The RBI policy impact has been clearly bullish, lifting sentiment across rate-sensitive sectors. Traders should continue to ride strength, but keep a close eye on resistance zones and profit-booking levels.
Stay tuned to CapitalKeeper.in for evening wrap-up and RBI event impact analysis.
📌 CONCLUSION
Mid-day market action reflects renewed bullish sentiment backed by firm global cues and selective sectoral strength. Watch for further strength in Banking and Auto in the coming sessions. Institutional flows and global risk appetite will be key drivers going into the close.
🔁 Stay tuned with CapitalKeeper.in for post-market insights, sector scans, and daily technicals.
📈 Stay tuned with CapitalKeeper.in for live market updates, daily trade ideas, and swing strategies built on technical analysis.
🔔 Stay tuned to CapitalKeeper.in for:
- Opening Bell & Closing Reports
- Futures Stock Picks & RSI/MACD-Based Trades
- Weekly Sectoral Outlook
- Beginner-Friendly Educational Blogs
Avoid chasing momentum blindly; stick to technically strong setups
📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and subscribe to our newsletter!
📌 Disclaimer
The content provided on CapitalKeeper.in is for informational and educational purposes only and does not constitute investment, trading, or financial advice. While we strive to present accurate and up-to-date market data and analysis, we make no warranties or representations regarding the completeness, reliability, or accuracy of the information.
Stock market investments are subject to market risks, and readers/investors are advised to conduct their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. CapitalKeeper and its authors are not liable for any loss or damage, direct or indirect, arising from the use of this information.
All views and opinions expressed are personal and do not reflect the official policy or position of any agency or organization. Past performance is not indicative of future results.
By using this website, you agree to the terms of this disclaimer.
![📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and subscribe to our newsletter!](https://capitalkeeper.in/wp-content/uploads/2025/05/midday_feature.jpg "Mid-Day Market Update | 03 June 2025: Indices Retreat Amid Global Pressures 8")
Leave a Reply