Indian stock market: 6 key things that changed overnight - Gift Nifty, US-China tariff truce to Nikkei at record high

By Admin

12 Aug, 2025

The Indian stock market is set for a cautious start on Tuesday, with mixed global cues influencing sentiment. From the Gift Nifty trend to Wall Street’s moves and the US-China tariff truce, here are six key developments investors need to know.

1. Gift Nifty Indicates Weak Start
Gift Nifty was trading around the 24,580 level, nearly 47 points below the Nifty futures’ previous close. This points to a weak opening for the Indian equity benchmark indices, Sensex and Nifty 50.

2. Monday’s Strong Rally
On Monday, the Indian market staged a sharp short-covering rally, led by broad-based buying. The Sensex jumped 746.29 points (0.93%) to close at 80,604.08, while the Nifty 50 rose 221.75 points (0.91%) to 24,585.05. Ajit Mishra, SVP – Research, Religare Broking Ltd., noted that markets have largely absorbed tariff-related concerns and are now focusing on earnings cues, with oversold positions in heavyweights offering support.

3. Asian Markets Shine, Nikkei Hits Record
Asian equities traded mostly higher after the US-China tariff truce extension. Japan’s Nikkei 225 surged 2% to a record high, while the Topix index gained 0.74%. South Korea’s Kospi advanced 0.93%, and the Kosdaq rose 0.4%. However, Hong Kong’s Hang Seng index futures suggested a weaker opening.

4. Wall Street Ends Lower
US markets closed lower on Monday as investors tracked trade developments. The Dow Jones fell 200.52 points (0.45%) to 43,975.09, the S&P 500 slipped 16 points (0.25%) to 6,373.45, and the Nasdaq Composite dropped 64.62 points (0.3%) to 21,385.40.
Among key stocks, Nvidia fell 0.35%, AMD declined 0.28%, while Micron Technology jumped 4% and Intel gained 3.5%. Tesla surged 2.84%, Apple lost 0.83%, and Amazon eased 0.62%.

5. US-China Tariff Truce Extended
The US and China agreed to extend their tariff truce for another 90 days. President Donald Trump confirmed he had signed an executive order delaying higher tariffs until November 10, keeping other terms of the truce intact.

6. Commodities – Oil and Gold Gain
Crude oil prices edged higher on the tariff truce news. Brent crude rose 0.30% to $66.83 per barrel, and WTI crude gained 0.25% to $64.12.
Gold prices also recovered after a sharp drop in the previous session, supported by anticipation of US inflation data. Spot gold rose 0.3% to $3,355.59 per ounce, and US gold futures for December delivery were up 0.1% at $3,406.80.

Disclaimer: The above views are based on market sources and analyst inputs. Investors are advised to consult certified financial experts before making any investment decisions.