As Indian investors prepare for the trading day on Monday, May 12, 2025, pre-market indicators suggest a cautious to flat opening for the domestic equity markets. Here’s a detailed look at the key factors that could influence the market today, including global cues, SGX Nifty movement, commodity trends, currency outlook, and stock-specific news.
SGX Nifty Indicates Cautious Start
As of 8:15 AM IST, the SGX Nifty is trading flat around 22,425, hinting at a muted start for benchmark indices Nifty 50 and Sensex. Markets may remain range-bound in early trade as investors await inflation data and global central bank commentary due later this week.
Global Market Cues
U.S. Markets: Wall Street ended mixed on Friday.Dow Jones rose 0.12%S&P 500 was flatNasdaq slipped 0.18%Investors were digesting better-than-expected job data while also weighing inflationary pressures. The next key trigger is the U.S. CPI data scheduled for release this week.
Asian Markets (Early Hours):
Nikkei 225 up 0.23%
Hang Seng down 0.48%
Shanghai Composite flatCues remain mixed as traders weigh China’s policy support versus slowing global demand.
Commodity Check
Crude Oil (WTI): Down 0.65% to $77.40/barrelOil prices remain under pressure amid growing concerns of weak global demand and strong supply from OPEC+ nations.Gold: Flat at $2,335/ozGold remains steady as traders await further macroeconomic data. Domestically, gold is priced around ₹70,250 per 10 gm.
Gold: Flat at $2,335/ozGold remains steady as traders await further macroeconomic data. Domestically, gold is priced around ₹70,250 per 10 gm.
Currency Market
USD/INR: The rupee closed at ₹83.11 per dollar on Friday.A slightly stronger dollar index and continued FII outflows may put pressure on the rupee, though RBI intervention could keep volatility in check.
Corporate & Stock-Specific News
1. HDFC Bank: Board to consider final dividend today. Investors eye payout ratio and commentary on credit growth.
2. Tata Motors: JLR reported strong sales in April; focus on electric vehicle (EV) growth and China performance.
3. Infosys: Set to announce a strategic AI partnership with a global tech firm — watch for any official confirmation.
4. Zomato: Reports suggest the company may explore international expansion in UAE and Singapore.
5. Adani Group Stocks: May remain volatile amid continued regulatory scrutiny on FPO disclosures and investor calls.
FII/DII Activity (10 May 2025)
Foreign Institutional Investors (FIIs): Net sellers of ₹1,263 crore
Domestic Institutional Investors (DIIs): Net buyers of ₹1,045
crorePersistent FII selling could keep pressure on large-cap stocks, while DII support continues to cushion declines.
Key Events to Watch Today
India’s CPI inflation previewQ4 earnings from mid-cap firms like BEL, Delta Corp, and BHELGlobal macro updates from the U.S. and Europe
Pre-Market Strategy for Investors
Short-term traders should remain cautious around resistance levels in Nifty near 22,500, while strong support is seen at 22,200.
Investors may use any dips to accumulate quality large caps in banking, IT, and auto sectors.
Watchlist Stocks: HDFC Bank, Tata Motors, Infosys, BEL, BHEL
