Trade Setup for Today: Global Cues Point to a Positive Start on May 26, 2025
By ScanX News Team
GIFT Nifty up 0.39% at 24,940.00, signaling a positive opening. US markets closed mixed, with NASDAQ gaining 1.28%. Asian markets show mixed trends. Crude oil slightly up at $61.68. Rupee opens stronger at 85.15 against USD. FIIs were net buyers of ₹1,794.59 Cr on May 23. Key earnings announcements expected from Sundaram Brake Linings, PC Jeweller, and Jyoti CNC Automation.
*this image is generated using AI for illustrative purposes only.
Introduction
As markets gear up for the trading session on May 26, 2025, global cues suggest a positive start. Overnight gains in US markets and mixed trends in Asian indices set the stage for an interesting day ahead.
GIFT Nifty Update
The GIFT Nifty is trading at 24,940.00, up 96.50 points or 0.39% from the previous close. This indicates a likely positive opening for the domestic indices.
US Markets
Wall Street ended the previous session on a mixed note:
| Index | Change (%) | Closing Value |
|---|---|---|
| Dow Jones | -0.61 | 41,624.07 |
| NASDAQ | 1.28 | 19,142.50 |
| S&P 500 Futures | 0.98 | 5,874.00 |
The NASDAQ Composite led the gains, while the Dow Jones Industrial Average saw a marginal decline.
Asian Markets
Asian markets are showing mixed trends in early trade:
| Index | Change (%) | Current Value |
|---|---|---|
| Nikkei 225 | 0.54 | 37,361.62 |
| Hang Seng | -0.31 | 23,527.40 |
Commodity Trends
Oil prices are showing a slight uptick:
| Commodity | Price (USD) | Change (%) |
|---|---|---|
| Crude Oil | 61.68 | 0.24 |
| Natural Gas | 3.34 | 0.03 |
Gold is trading lower at $3,346.20 per ounce, down 0.58%.
Currency Updates
The Indian Rupee opened at 85.15 against the US Dollar, showing a slight appreciation.
FII/DII Activity
On May 23, 2025:
| Investor Type | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII/FPI | 11,054.42 | 9,259.83 | 1,794.59 |
| DII | 10,011.10 | 9,711.32 | 299.78 |
Foreign Institutional Investors (FIIs) were net buyers, while Domestic Institutional Investors (DIIs) also showed positive activity.
Key Global Events
Investors will be closely watching the quarterly results announcements of Sundaram Brake Linings, PC Jeweller, and Jyoti CNC Automation scheduled for today.
Conclusion
With positive global cues and strong FII inflows, the market sentiment appears bullish. However, investors should remain cautious and monitor global developments and corporate earnings for further cues.
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