1. GIFT Nifty (Indication for Indian Opening)
GIFT Nifty: Trading strongly at 23,974.00, up by +1.19% (+283.00 points). This signals a gap-up opening for the Indian equity indices.
2. Asian Markets (Early Morning Action)
Asian markets are trading with a strong positive bias, led by a massive historic surge in Japan:
Nikkei 225 (Japan): Surged significantly to 65,345.00, up +3.17% (+2,005.93 points).
Taiwan Weighted: Trading at 43,331.39, up +2.52% (+1,063.42 points).
Straits Times (Singapore): Trading at 5,086.66, up +0.37% (+18.51 points).
Shanghai Composite (China): Trading at 4,132.47, up +0.48% (+19.57 points).
Hang Seng & KOSPI: Showing previous Friday's closing levels (KOSPI at 7,847.71, Hang Seng at 25,603.94).
3. US Market (Friday Closing)
Wall Street closed Friday's session with modest gains across major indices:
Dow Jones Futures: Trading at 50,896.48, up +0.63% (+319.77 points) in morning sessions.
S&P 500: Closed Friday at 7,473.47, up +0.37% (+27.75 points).
Nasdaq: Closed Friday at 26,343.97, up +0.19% (+50.87 points).
Today US Market Holiday
4. Commodities (In US Dollars)
Global commodity markets are witnessing notable movements, with crude cooling off and precious metals gaining traction:
Brent Crude ($): Trading at $99.44 / barrel, down -3.96% (-$4.11).
Crude Oil ($ / WTI): Trading at $92.40 / barrel, down -4.35% (-$4.20).
Gold ($): Trading higher at $4,570.98 / ounce, up +1.20% (+$54.23).
Silver: Previous domestic MCX closing sat at 2,71,600.00 (down marginally by -0.09%).
Market Sentiment: Highly positive for Indian equities. The combination of a sharp drop in international oil prices (Brent falling below $100) and a major global risk-on rally (led by Japan's Nikkei crossing 65,000) provides strong tailwinds for Indian benchmarks this morning.
@yagath_stocks
GIFT Nifty: Trading strongly at 23,974.00, up by +1.19% (+283.00 points). This signals a gap-up opening for the Indian equity indices.
2. Asian Markets (Early Morning Action)
Asian markets are trading with a strong positive bias, led by a massive historic surge in Japan:
Nikkei 225 (Japan): Surged significantly to 65,345.00, up +3.17% (+2,005.93 points).
Taiwan Weighted: Trading at 43,331.39, up +2.52% (+1,063.42 points).
Straits Times (Singapore): Trading at 5,086.66, up +0.37% (+18.51 points).
Shanghai Composite (China): Trading at 4,132.47, up +0.48% (+19.57 points).
Hang Seng & KOSPI: Showing previous Friday's closing levels (KOSPI at 7,847.71, Hang Seng at 25,603.94).
3. US Market (Friday Closing)
Wall Street closed Friday's session with modest gains across major indices:
Dow Jones Futures: Trading at 50,896.48, up +0.63% (+319.77 points) in morning sessions.
S&P 500: Closed Friday at 7,473.47, up +0.37% (+27.75 points).
Nasdaq: Closed Friday at 26,343.97, up +0.19% (+50.87 points).
Today US Market Holiday
4. Commodities (In US Dollars)
Global commodity markets are witnessing notable movements, with crude cooling off and precious metals gaining traction:
Brent Crude ($): Trading at $99.44 / barrel, down -3.96% (-$4.11).
Crude Oil ($ / WTI): Trading at $92.40 / barrel, down -4.35% (-$4.20).
Gold ($): Trading higher at $4,570.98 / ounce, up +1.20% (+$54.23).
Silver: Previous domestic MCX closing sat at 2,71,600.00 (down marginally by -0.09%).
Market Sentiment: Highly positive for Indian equities. The combination of a sharp drop in international oil prices (Brent falling below $100) and a major global risk-on rally (led by Japan's Nikkei crossing 65,000) provides strong tailwinds for Indian benchmarks this morning.
@yagath_stocks
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🇮🇳 India Economic Calendar | June 8–12, 2026
📅 Friday, June 12
🔹 10:30 AM – India Inflation Data (CPI) for May
- April inflation: 3.48%
- Expected for May: 3.5%–3.8%
- Food and fuel prices will be closely watched.
- This data can influence RBI decisions, interest rates, and the stock and bond markets.
🔹 Bank Loan & Deposit Growth
- Update on how much banks are lending and how much money people are depositing.
🔹 Foreign Exchange Reserves
- Weekly update on India's reserves.
- Expected to remain above $682 billion.
📝 Important Updates
🔹 WPI (Wholesale Price Index) for May will be released on June 15 (next week).
🔹 No major data releases like Industrial Production (IIP) are scheduled this week.
🔹 Markets will also track:
- US inflation data
- Crude oil prices
- Rupee movement
- Global market sentiment
🎯 Key Focus This Week
The domestic economic calendar is relatively quiet.
👉 Friday's inflation (CPI) data is the most important event of the week.
Investors and traders will watch it closely, especially after the RBI recently increased its inflation forecast for FY27.
📅 Friday, June 12
🔹 10:30 AM – India Inflation Data (CPI) for May
- April inflation: 3.48%
- Expected for May: 3.5%–3.8%
- Food and fuel prices will be closely watched.
- This data can influence RBI decisions, interest rates, and the stock and bond markets.
🔹 Bank Loan & Deposit Growth
- Update on how much banks are lending and how much money people are depositing.
🔹 Foreign Exchange Reserves
- Weekly update on India's reserves.
- Expected to remain above $682 billion.
📝 Important Updates
🔹 WPI (Wholesale Price Index) for May will be released on June 15 (next week).
🔹 No major data releases like Industrial Production (IIP) are scheduled this week.
🔹 Markets will also track:
- US inflation data
- Crude oil prices
- Rupee movement
- Global market sentiment
🎯 Key Focus This Week
The domestic economic calendar is relatively quiet.
👉 Friday's inflation (CPI) data is the most important event of the week.
Investors and traders will watch it closely, especially after the RBI recently increased its inflation forecast for FY27.
👏1
India's Economy Grew Strongly in FY26
• India's GDP grew by 7.7% in FY26, up from 7.1% in FY25.
• The economy grew 7.8% in the fourth quarter, which was better than expected.
• Overall business activity (GVA) increased by 7.9%, showing broad-based growth across sectors.
Key Sectors That Performed Well
✅ Manufacturing showed a strong recovery.
✅ Trade, hotels, and transport sectors continued to grow steadily.
✅ Financial services and real estate also performed well.
What Drove the Growth?
• People spent more on goods and services.
• Companies and the government continued investing in new projects.
• Capital expenditure (Capex) remained strong.
• The services sector provided strong support to the economy.
Sector-wise Growth
• Secondary sector (manufacturing, construction, etc.) grew 8.8%.
• Services sector grew 9.3%, making it a major contributor to economic growth.
Manufacturing Recovery
• Manufacturing growth jumped to 8.8%, compared with 3.0% in FY25, showing a significant improvement.
Key Takeaway
India's economy remains strong and is growing at a healthy pace. Manufacturing has recovered sharply, consumer spending is robust, and investments remain strong. This is a positive sign for businesses and corporate earnings.
• India's GDP grew by 7.7% in FY26, up from 7.1% in FY25.
• The economy grew 7.8% in the fourth quarter, which was better than expected.
• Overall business activity (GVA) increased by 7.9%, showing broad-based growth across sectors.
Key Sectors That Performed Well
✅ Manufacturing showed a strong recovery.
✅ Trade, hotels, and transport sectors continued to grow steadily.
✅ Financial services and real estate also performed well.
What Drove the Growth?
• People spent more on goods and services.
• Companies and the government continued investing in new projects.
• Capital expenditure (Capex) remained strong.
• The services sector provided strong support to the economy.
Sector-wise Growth
• Secondary sector (manufacturing, construction, etc.) grew 8.8%.
• Services sector grew 9.3%, making it a major contributor to economic growth.
Manufacturing Recovery
• Manufacturing growth jumped to 8.8%, compared with 3.0% in FY25, showing a significant improvement.
Key Takeaway
India's economy remains strong and is growing at a healthy pace. Manufacturing has recovered sharply, consumer spending is robust, and investments remain strong. This is a positive sign for businesses and corporate earnings.
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