The benchmark indices, Nifty 50 and Sensex, are likely to open on a positive note on Tuesday, May 20, following strong overnight gains in Asian markets and on Wall Street.
Investor sentiment may also be buoyed by news of India planning a trade deal with the U.S. Additionally, factors such as China’s loan prime rate, institutional activity, Q4 earnings, and favorable global cues are expected to impact market movement today.
On Monday, the 30-share benchmark index ended at 82059.42 down by -271.17 points or by -0.33 % and then NSE Nifty was at 24945.45 down by -74.35 points or by -0.3 %.
On the global front, Overnight, U.S. shrugged off the downgrade of U.S. credit ratings as Treasury Secretary Scott Bessent downplayed concerns, saying the government is determined to lower spending and boost the economy.
The S&P 500 eked out a modest gain, rising 0.09 percent, while the Nasdaq Composite was nearly flat, edging up 0.02 percent. The Dow Jones Industrial Average advanced 0.32 percent.
Mirroring Wall Street, Asian shares rose for the first time in four days, mirroring gains in the US that placed the S&P 500 index on the brink of a bull market.
Japan's Nikkei 225 and Topix were trading firmly in the green, higher by 0.5 and 0.3 percent, respectively. South Korea's Kospi trimmed early gains, while Hong Kong's Hang Seng index surged around one percent
Back home, Top traded Volumes on NSE Nifty – Bharat Electronics Ltd. 52003735.00, Tata Steel Ltd. 21839582.00, Eternal Ltd. 21817610.00, Power Grid Corporation of India Ltd. 12575289.00, State Bank of India 10666184.00,
On NSE, total number of shares traded was 536.72 Crore and total turnover stood at Rs. 116116.49 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 112346 with a total turnover of Rs. 20037.03 Crore. Along with this total number of contracts traded in stock futures were 1495094 with a total turnover of Rs. 93156.94 Crore. Total numbers of contracts for index options were 49832459 with a total turnover of Rs.
9236116.61 Crore. and total numbers of contracts for stock options were 8531934 with a total turnover of Rs. 563515.09 Crore.
The FIIs on 19/05/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 19834.90 Crore and gross debt purchased stood at Rs. 301.01 Crore, while the gross equity sold stood at Rs. 12351.49 Crore and gross debt sold stood at Rs. 423.30 Crore. Therefore, the net investment of equity and debt reported were Rs. 7483.41 Crore and Rs. -122.29