Gift Nifty Up 37 pts on July 8, 2025: How Is the Indian Stock Market Likely to Open Today?

Indian stock markets are expected to open on a mildly positive note on July 8, 2025, as Gift Nifty indicates a higher start at 8:15 AM. Sentiment may remain cautious amid geopolitical tensions and new US tariff announcements, but support could come from stock-specific action and stable domestic indicators.

Trump Tariffs Shake Global Sentiment

Overnight, US President Donald Trump announced sweeping tariff hikes on 14 countries, further escalating global trade tensions. These include:

• 25% tariffs on goods from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia
• 32–36% tariffs on Indonesia (32%), Bangladesh (35%), Cambodia and Thailand (36%)
• 40% tariffs on Laos and Myanmar
• 30% tariffs on exports from South Africa and Bosnia

The announcement, made via Trump’s Truth Social account, warned that goods transshipped to evade tariffs would also face full duties. The president hinted at possible future adjustments “depending on our relationship with your country.”

US Markets Slide After Tariff Shock

The US stock market ended lower on Monday as investors reacted to the unexpected tariff hikes:

• Dow Jones Industrial Average fell 0.94%
• S&P 500 declined 0.79%
• Nasdaq Composite dropped 0.92%

US stock futures remained under pressure in Asian hours, with Dow futures down 0.15% and S&P 500 futures lower by 0.05%.

Asia-Pacific Markets Trade Mixed

Asia-Pacific equities saw mixed action on Tuesday, with some resilience despite global trade headwinds:

• Nikkei 225 (Japan): +0.21%
• Kospi (South Korea): +1.13%
• S&P/ASX 200 (Australia): +0.21%, ahead of the RBA rate decision
• Hang Seng (Hong Kong): +0.17%

Indian Market Recap: July 7

On Monday, Indian indices ended largely flat but in the green:

• NSE Nifty 50 closed at 25,461.30, up 0.30 points (0.00%)
• BSE Sensex finished at 83,442.50, up 9.61 points (0.01%)

Market resilience came despite global jitters, helped by selective buying and muted institutional flows.

Gold, Oil Show Diverging Trends

Gold prices remained steady on Monday despite the strength of the US dollar, supported by safe-haven demand amid rising geopolitical and trade tensions. Spot gold slipped marginally by 0.1% to $3,332.62 per ounce, while US gold futures held flat, settling at $3,342.80. 

In contrast, oil markets posted gains despite OPEC+ announcing higher-than-expected production for August and concerns over the broader impact of new US tariffs. Brent crude futures rose 1.87%, closing at $69.58 per barrel.

Read More: Dividend, Bonus & Stock Split This Week July 7–11: Sun Pharma, JSW Steel, Pfizer, Titan, and More.

Conclusion

With Gift Nifty pointing to a positive start, Indian equities may open slightly higher on July 8, 2025. However, global trade tensions and weak US cues may cap gains. Investors will watch for domestic earnings signals and global macro developments for near-term direction.

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.