
Stocky Bot 🤖 Community
June 9, 2025 at 03:25 AM
*🌤️🇲 🇴 🇷 🇳 🇮 🇳 🇬 🇹 🇦 🇱 🇰 🌤️*
*Date: 09-Jun-2025*
```(Keyword: Morning Talk)```
US markets closed higher following a moderate beat on the jobs report and rising investor hopes of a cooldown between Elon Musk and President Trump. Dow gained 1.05%, S&P added 1.03% taking out 6000 for the first time since February and Nasdaq added 1.20% as MSFT reclaimed Numero Uno position as the world's biggest market cap Company and Tesla shares recovered some lost ground.
USD index rallied back to 99.25, 10 year bond also jumped above 4.50% and cboe vix dropped to 16.77.
Crude futures gained more than a $1 on favourable US jobs report and optimism over US China trade talks. WTI traded near 64.50, Brent near 66.50.
Indian markets closed higher after RBI surprised the markets with larger than expected Repo rate cut of 50 bps and CRR reduction of 100 bps to support growth, the central bank also lowered the inflation outlook for fiscal 2026. Sensex gained 747 points and Nifty added 252 points to reclaim 25000. Rate sensitives like Realty (gaining almost 4%), Banks and Autos helped indices register strong gains at the cost of Pharma and Defence stocks.
*Crosscurrents on strong Wall Street cues as against rising trio; crude, USD index and US 10 year may dominate trade set up when Dalal Street opens for trade on Monday. Though the aftereffect of RBI policy may continue to help stocks gain some more ground but the adverse global macros may limit gains at index levels that may warrant some consolidation before the benchmarks test all time highs.*
*-$tocky🤖*
*(Thinking Differently)*
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