Pre-Market 11 June 2026: What To Expect After Sensex Ends Higher, Nifty Slips; GIFT Nifty Gains 70 Points

Dalal Street heads into Thursday after benchmark indices ended Wednesday's session on a mixed note. The Sensex closed 64 points higher at 73,983, whereas the Nifty 50 settled at 23,215, down 27 points.

After market hours, GIFT Nifty moved higher even as investors continued to track developments in West Asia and the reaction of global markets to fresh geopolitical tensions.

What Happened In Wednesday's Session?

Indian equities witnessed another volatile trading session on 10 June.

The Sensex finished nearly 625 points below its intraday high, while the Nifty 50 also retreated from higher levels before the close. The pullback came after traders booked profits near resistance zones.

Tensions escalated after Iran's Revolutionary Guards said they had launched missile and drone attacks on US military bases in Jordan, Kuwait and Bahrain in response to recent American strikes on Iranian targets.

Domestic bond yields remained relatively stable, aided by continued foreign interest in debt markets following recent policy measures announced by the Reserve Bank of India.

At the same time, data showing slower mutual fund inflows highlighted a more cautious mood among equity investors.

Global Markets

Wall Street remained under pressure on Wednesday despite core inflation coming in below market expectations. Overall consumer inflation remained above 4% in May. However, core inflation increased at a slower pace, rising 0.2% from April and 2.9% year-on-year.

Markets tracked Trump's latest remarks on Iran, with the US president saying he was close to ordering strikes on the country. Technology counters remained among the weakest performers, keeping pressure on Wall Street benchmarks.

On 10 June 2026:

• Dow Jones Industrial Average fell 953.33 points, or 1.87%, to 49,918.78

• S&P 500 declined 119.66 points, or 1.62%, to 7,266.99

• Nasdaq Composite dropped 509.32 points, or 1.98%, to 25,169.50

Market volatility also remained elevated. The CBOE Volatility Index rose to 21.73 after touching its highest level since early April in the previous session.

In Asia, Japan's Nikkei 225 Index was down by 1.93% to 64,179.27. Across Europe, London's FTSE 100 was up by 0.27%. In Paris, the CAC 40 slipped by 0.51%.

GIFT Nifty Update

GIFT Nifty was trading at 23,250 as of 9:31 PM IST on 10 June, up 70 points from its previous close. The futures contract pointed to gains at the opening bell if overnight cues remained unchanged.

Key Levels To Watch

Technical indicators continue to suggest a range-bound market.

• Immediate support is placed around 23,200

• Positional support is seen in the 23,000–23,100 zone

• Resistance remains in the 23,450–23,550 range

• Analysts expect the broader trading band to remain between 23,000 and 23,550

The Nifty has repeatedly found buying interest near the 23,000–23,100 area, while selling pressure has emerged near the 23,400–23,450 zone.

Also Read - Market Wrap, 10 June 2026: Sensex, Nifty Hold Mixed Trend

What Should Investors Expect Today?

Thursday's session begins after another day of volatile trade for domestic equities.

The GIFT Nifty indicates a stronger opening, but developments in West Asia are likely to remain on traders' radar after the latest exchange of attacks involving Iran and US military facilities in the region.

Sources:

Mint

Reuters

NDTV Profit