Pre-Market Setup: Global Cues Set Stage for Cautious Start on May 21, 2025
By ScanX News Team
GIFT Nifty futures down 0.02% at 24,800.00, hinting at a flat to slightly negative opening. US markets closed lower, with Dow and S&P 500 futures down 0.23% and 0.29% respectively. Asian markets show mixed trends. Crude oil up 1.84%, gold rises 0.35%. USD/INR at 85.55, up 0.04%. FIIs were net sellers of ₹10,016.10 crore, while DIIs net bought ₹6,738.39 crore. Key earnings announcements expected from Hindalco, United Spirits, NHPC, and Zydus Lifesciences.
*this image is generated using AI for illustrative purposes only.
Market Overview
As traders gear up for the opening bell on May 21, 2025, global cues paint a picture of cautious optimism. While international markets show mixed signals, domestic factors may influence early trading sentiment.
GIFT Nifty Update
The GIFT Nifty futures trading at 24,800.00 points, down 5.00 points or 0.02% from the previous close, suggest a flat to slightly negative start for domestic indices.
US Markets
Overnight, Wall Street ended on a subdued note:
| Index | Value | Change | % Change |
|---|---|---|---|
| Dow Jones futures | 42,577.00 | -100.20 | -0.23% |
| S&P 500 futures | 5,942.50 | -17.33 | -0.29% |
Asian Markets
Asian markets are showing a mixed trend in early trade, with investors closely watching global economic cues and corporate earnings.
Commodity Trends
In the commodities market:
| Commodity | Price | Change |
|---|---|---|
| WTI Crude (per barrel) | $63.17 | +1.84% |
| Gold (per ounce) | $3,296.10 | +0.35% |
| Silver (per ounce) | $33.21 | +0.09% |
Currency Updates
| Currency Pair | Value | Change |
|---|---|---|
| USD/INR | 85.55 | +0.04% |
| EUR/USD | 1.13 | +0.28% |
FII/DII Activity
| Investor Type | Action | Amount (₹ crore) |
|---|---|---|
| FIIs | Net Sellers | 10,016.10 |
| DIIs | Net Buyers | 6,738.39 |
Key Corporate Actions
Several companies are slated to announce their quarterly results today, including Hindalco Industries , United Spirits , NHPC , and Zydus Lifesciences . Investors will be closely watching these announcements for cues on corporate performance and economic health.
As the market opens, traders should remain vigilant of global trends and domestic factors that could influence trading sentiment throughout the session.
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