Pre Market Analysis & Global Cues | 25 June, 2026

Global markets are looking positive this morning. US markets started the session well but lost some momentum towards the close. There wasn't any major negative trigger. It looked more like traders booking some profits after the recent rally, especially in technology stocks. Asian markets, however, are showing much better strength today. Japan and South Korea are leading the gains, while most other Asian markets are also trading in green. The biggest positive for India continues to be crude oil. Brent has now fallen close to $72. Just a few weeks ago, crude was trading above $100. This sharp fall is a big relief for India as it reduces pressure on inflation and import costs. Gift Nifty is indicating a positive start of around 90-100 points, which suggests Nifty may try to build on yesterday's recovery. The rupee is another thing to watch. USD/INR is around 94.7. It has recovered from the recent highs, but considering how much crude has fallen, the rupee has not strengthened as much as expected. It still remains on the weaker side. One interesting chart to watch is Gold. Gold has corrected nearly 3% and is now approaching the $3,900 zone, which is the final crucial support level. If buyers defend this level, we could see a technical bounce. But if it breaks with strong selling, the correction may continue for some more time. There are no major domestic events scheduled today, and tomorrow the Indian market will remain closed for Muharram. For today, the focus will be on whether Nifty can continue above 24,000 after yesterday's recovery. Global cues are supportive, crude oil remains favourable, and now the market needs follow-through buying to continue the uptrend.