Indian stock markets are likely to open on a flat-to-cautious note on July 9, 2025, as indicated by the marginal dip in Gift Nifty at 8:15 AM. Market direction may be guided by a mix of global developments, including fresh tariff signals from the US, China’s June inflation data, and institutional investment trends.
Global sentiment was rattled yet again after US President Donald Trump ruled out any extension to the August 1 tariff implementation deadline. In a statement on Tuesday, Trump announced a steep 50% tariff on copper imports and hinted at broader sector-specific duties in the coming weeks.
He also floated the possibility of imposing tariffs as high as 200% on pharmaceutical imports to the US. However, he added that such measures would likely roll out over the next 12 to 18 months, offering a short-term reprieve to exporters.
The Asia-Pacific region saw mixed movement on Wednesday, reflecting the uncertainty triggered by Trump’s tariff announcements and investor caution ahead of China’s economic data:
Investors are closely monitoring China's June inflation and producer price data for insights into economic momentum and deflationary pressures.
On Tuesday, Indian benchmark indices ended higher, supported by firm domestic institutional flows and selective buying interest:
Market breadth remained positive, with buying seen in banking, metal, and infrastructure stocks.
Institutional investors showed a positive stance on July 8:
This strong DII support provided a cushion against global uncertainty.
Gold prices declined sharply on Tuesday, falling over 1% as optimism around US trade talks reduced demand for safe-haven assets. Additional pressure came from a stronger dollar and rising US Treasury yields. Spot gold hovered lower, while futures saw broader declines.
In contrast, crude oil continued its upward trajectory:
Both benchmarks recorded their highest close since June 23 for a second consecutive session, driven by supply concerns and geopolitical risk premiums.
Read More: Dividend, Bonus & Stock Split This Week July 7–11: Sun Pharma, JSW Steel, Pfizer, Titan, and More.
With Gift Nifty pointing to a muted start, Indian equities may trade range-bound on July 9, 2025. The session is expected to be driven by global cues especially trade developments, China’s inflation print, and ongoing institutional flows. Investors should also watch for stock-specific action amid ongoing primary market activity.
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 9, 2025, 8:24 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.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates