Nifty Likely to See a Positive Start; Focus on Q4 Results of Hindalco, United Spirits, and Dixon

In terms of institutional activity, both foreign and domestic institutional investors were net sellers on Monday. FIIs offloaded shares worth Rs 525.95 crore, while DIIs sold equities amounting to Rs 237.93 crore.

Pre-Market Update at 8:00 AM: Indian stock markets are expected to open on a strong note today, May 20, 2025, as suggested by cues from the GIFT Nifty. At 7:30 am, the GIFT Nifty was up 82 points, indicating a start near the 25,073 mark.

Asian markets rebounded after four straight sessions of losses, drawing inspiration from Wall Street’s continued upward momentum, where the S&P 500 is inching toward bull market territory. Meanwhile, discussions between India and the U.S. over a phased trade agreement are also underway, with hopes for an interim deal by July.

On the domestic front, investors will keep a close eye on company-specific movements, as several major firms are set to release their March quarter results today. These include Hindalco Industries, United Spirits, Dixon Technologies, Solar Industries, Max Healthcare, Torrent Pharma, Zydus Lifesciences, and NHPC.

In terms of institutional activity, both foreign and domestic institutional investors were net sellers on Monday. FIIs offloaded shares worth Rs 525.95 crore, while DIIs sold equities amounting to Rs 237.93 crore.

Markets closed lower on Monday, weighed down by IT stocks following Moody’s downgrade of the U.S. economy. The Sensex fell 271.17 points to close at 82,059.42, and the Nifty 50 dropped 74.35 points, ending at 24,945.45.

In the U.S., the markets extended their gains, closing higher for a sixth straight session. Easing tensions with China helped boost sentiment. The Dow rose by 137.33 points to 42,792.07, the S&P 500 added 5.22 points to 5,963.60, and the Nasdaq inched up by 4.36 points to 19,215.46.

The U.S. dollar held steady early Tuesday, pausing after a week of decline. As of 7:24 am IST, the dollar index stood at 100.25. Gold prices saw a minor dip of 0.22 per cent in early Asian trade, likely a technical pullback following Monday’s 1.5 per cent jump. However, concerns around the U.S. fiscal deficit may support continued interest in gold.

Crude oil prices edged higher amid uncertainty around U.S.-Iran nuclear talks. Brent crude was up 0.15 per cent at USD 65 per barrel, while U.S. crude gained 0.32 per cent, settling at USD 62.08.

For today, Titagarh Rail Systems, Hindustan Copper and Mannapuram Finance continue to remain under the F&O ban list.

Disclaimer: The article is for informational purposes only and not investment advice.