India-US Trade Talks, Inflation Data, Crude Oil, Gold Prices Among Other Market Cues To Watch Today

Nifty 50 ended the previous session on a positive note, extending gains for the sixth consecutive day. Sensex, too, registered its third consecutive session of wins. The 50-share benchmark index closed 104.50 points, or 0.42 per cent, higher at 24,973.10, while the 30-share benchmark index ended at 81,425.15, up by 323.83 points, or 0.40 per cent.

Looking ahead, a host of factors are likely to influence the trade on the Dalal Street today, September 11, 2025.

Stock Market Cues For  Today

India-US Trade Talk Optimism

Prime Minister Narendra Modi welcomed US President Donald Trump’s positive comments on trade talks. He said he is confident that the ongoing negotiations will “pave the way for unlocking the limitless potential of the partnership between them.”

Calling the two countries “close friends and natural partners,” PM Modi posted on X that both sides are working to finish the discussions as soon as possible.

Inflation Numbers

In the US, the Bureau of Labor Statistics is set to release the core consumer price index (CPI)-based inflation, which excludes the often volatile energy and food prices, on September 11, 2025. A day later, in India, the National Statistical Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI) will release domestic CPI inflation numbers.

Oracle Share Price

Oracle share price on the New York Stock Exchange (NYSE) jumped 35.95 per cent to $328.33 on September 11, their biggest one-day gain since 1992. The rally came after the company shared strong revenue projections. With this rally, Oracle’s market cap increased by $244 billion in a single day to reach $922 billion.

Oracle said revenue from its cloud and artificial intelligence (AI) business will rise from $10 billion last year to $18 billion this year. It expects that to grow to $32 billion in 2027, then to $73 billion in 2028, $114 billion in 2029, and $144 billion in 2030.

Market participants in India will be keeping an eye on whether this massive rally in Oracle leads to gains in domestic IT stocks, especially those working in cloud services and AI. Oracle Financial Software Services, the Indian subsidiary of the Oracle Corporation, surged over 10.54 per cent to Rs 9,300 apiece on the National Stock Exchange (NSE).

US Market, Fed Rate Cut Bets

Overnight, the key benchmark indices in the US, particularly Nasdaq and S&P 500, surged to close at their record highs after fresh inflation data boosted investor hopes that the Federal Reserve will start cutting interest rates now. Further, a surge in Oracle’s stock led to a broader rally in AI-related stocks.

Nasdaq closed at 21,886.06, up by 0.03 per cent, while the S&P 500 ended higher at 6,532.04, up by 0.30 per cent. However, the Dow Jones lost 0.48 per cent to close at 45,490.92.

Last week, weak US jobs data too showed that the job market in the world’s largest economy is in a slowdown, which further strengthened the case for a rate cut by the Fed.

Asian Markets

Asian equities traded largely higher in early trade today following US market's rally. Japan's Nikkei 225 was up by 1.10 per cent, China's SSE Composite, too, was up by 1.12 per cent, South Korea's Kospi traded higher by 0.50 per cent, while the Hong Kong-based Hang Seng was down by 0.30 per cent.

Gold Prices Today

Gold prices slipped in both domestic and international markets after a strong rally over the past few days that came on the heels of increasing US Fed rate cut bets.

Gold October futures on the Multi Commodity Exchange (MCX) slipped by Rs 233, 0r 0.21 per cent to Rs 1,08,753 per 10 grams. On COMEX, Gold December futures declined by $9.9, or 0.27 per cent to $3,672.10 per ounce.

Crude Oil Price Today

Crude oil prices slipped in early trade today, pulling back from the previous session’s gains as weak US demand and ongoing concerns about oversupply outweighed concerns over geopolitical tensions in the Middle East and the war in Ukraine.

Brent Crude November futures declined 0.22 per cent to $67.34 per barrel, while the WTI Crude Oil October futures dipped 0.24 per cent to quote at $63.52 per barrel.