Indian stock markets are expected to open on a cautious-to-negative note on July 10, 2025, following weakness in Gift Nifty at 8:15 AM. Sentiment may be influenced by global factors such as US President Donald Trump’s aggressive tariff move against Brazil, the US Fed’s FOMC meeting minutes, institutional flows, primary market cues, and global market trends.
US President Donald Trump sharply raised tariffs on Brazilian imports from 10% to 50%, effective August 1, further escalating trade tensions. In a strongly worded letter, Trump criticized Brazil’s trade practices and tied the decision to the prosecution of former President Jair Bolsonaro, calling the relationship “very unfair.” The move introduces fresh uncertainty to global trade and may ripple into emerging market sentiment.
Minutes from the US Federal Reserve’s June FOMC meeting showed most officials leaning toward a rate cut later this year, although views differed on timing. Some policymakers supported a reduction as early as the next meeting, while others argued that no cuts may be needed in 2025.
Asian markets traded mixed on Thursday as investors assessed the impact of renewed trade tensions and awaited clarity from central banks. Japan’s Nikkei 225 declined 0.39%, while the broader Topix index fell 0.48%. In contrast, South Korea’s Kospi posted strong gains of 0.91%, and Australia’s S&P/ASX 200 rose 0.65%, reflecting resilience in select sectors despite broader caution.
US markets closed higher on Wednesday, lifted by technology stocks and optimism around upcoming earnings. The Nasdaq Composite surged 0.94% to end at a record high of 20,611.34. The S&P 500 gained 0.61% to close at 6,263.26, while the Dow Jones Industrial Average rose 0.49% to finish at 44,458.30. Despite lingering concerns around tariffs and monetary policy, investor sentiment remained supported by strong corporate performance and improving macro indicators.
On Tuesday, Indian equity benchmarks ended lower amid profit booking and weak global cues. The BSE Sensex closed at 83,536.08, down 176.43 points or 0.21%, while the NSE Nifty 50 settled at 25,476.10, declining 46.40 points or 0.18%.
Institutional investors continued to support the market on July 9. Foreign Institutional Investors (FIIs) were net buyers to the tune of ₹74.48 crore, while Domestic Institutional Investors (DIIs) net bought shares worth ₹1,037.19 crore. The strong DII participation helped cushion some of the global weakness.
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With Gift Nifty signalling a subdued start, Indian equities are likely to remain range-bound or mildly negative on July 10, 2025. Key market drivers include global trade developments, central bank commentary, institutional flows, and sector-specific movements. Investors should stay watchful of volatility linked to earnings and global macro triggers.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 10, 2025, 8:39 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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