Trade Setup for Today: Global Cues Mixed as Markets Eye Key Earnings
By ScanX News Team
GIFT Nifty down 0.27% at 25,064.50, indicating a soft opening. US futures weak with Dow futures down 0.53%. Commodities mixed: gold up 1.33%, crude oil down 0.24%. USD/INR at 85.45, down 0.12%. Strong FII/DII buying in previous session: FIIs net buyers of ₹8,831.05 Cr, DIIs ₹5,187.09 Cr. ASM Technologies to announce Q4 results.
*this image is generated using AI for illustrative purposes only.
Introduction
As markets gear up for another trading session on May 19, 2025, global cues present a mixed picture. Investors are keeping a close watch on key earnings announcements and economic indicators that could shape market sentiment.
GIFT Nifty Update
The GIFT Nifty futures trading on the NSE International Exchange indicate a cautious start, with the index down 0.27% or 67 points at 25,064.50. This suggests a potentially soft opening for the domestic markets.
US Markets
Overnight, US stock futures showed weakness, with Dow futures declining 0.53% or 226.40 points to 42,428.30. This bearish sentiment in US markets could influence early trade.
Commodity Trends
The commodities market presents a varied landscape:
| Commodity | Price (USD) | Change (%) |
|---|---|---|
| Crude Oil | 61.82 | -0.24% |
| Gold | 3,229.60 | +1.33% |
| Silver | 32.61 | +0.78% |
| Natural Gas | 3.25 | -2.58% |
Gold and silver show strength, while crude oil and natural gas face downward pressure.
Currency Updates
The USD/INR pair is trading at 85.45, down 0.12%. Meanwhile, the EUR/USD is up 0.18% at 1.12, indicating a slight weakening of the dollar against major currencies.
FII/DII Activity
Recent institutional activity shows strong buying interest:
| Category | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII/FPI | 21,379.92 | 12,548.87 | +8,831.05 |
| DII | 16,971.90 | 11,784.81 | +5,187.09 |
Both foreign and domestic institutional investors were net buyers in the previous session, which could provide support to market sentiment.
Key Corporate Events
ASM Technologies Ltd is scheduled to announce its quarterly results today. The company's board will also consider the recommendation of a final dividend for FY 2024-2025.
Conclusion
As the markets open, traders will be closely monitoring global cues, institutional flows, and corporate earnings. The mixed signals from global markets and commodities suggest a cautious approach may be warranted. Keep an eye on key sectoral movements and stock-specific actions as the day unfolds.
