Trade Setup for Today: Key Things to Know Before the Opening Bell on May 22, 2026
SGX Nifty futures indicate a flat opening, down 9.50 points at 23,656. Asian markets show strength with Nikkei surging 2.28% and Hang Seng up 0.41%, while US indices closed modestly higher. Crude oil rallies 1.52% to $97.81, but gold retreats 0.39%. FIIs continue selling with ₹1,891 crore outflows, offset by DII buying of ₹2,492 crore. Major corporate actions today include L&T Tech (₹40 dividend), L&T (₹38 dividend), and earnings from Sun Pharma, Hindalco, Eicher Motors. USD/INR stable at 96.19.
*this image is generated using AI for illustrative purposes only.
Global markets are showing mixed signals as traders prepare for today's session, with Asian indices gaining momentum while commodity prices display varied trends. Key corporate actions and earnings announcements are set to influence individual stock movements.
GIFT Nifty Update
SGX Nifty futures are trading marginally lower at 23,656.00, down 9.50 points or 0.04% from the previous close of 23,665.50. The futures indicate a cautious start for domestic indices, with the day's range spanning from 23,613.00 to 23,699.00.
Asian Markets
Asian markets are displaying positive momentum in early trade:
| Index | Price | Change | Change % |
|---|---|---|---|
| Nikkei 225 | 63,090.97 | +1,406.83 | +2.28% |
| Hang Seng | 25,491.50 | +104.97 | +0.41% |
The Nikkei's strong rally of over 2% is providing positive cues for regional markets, while Hong Kong's Hang Seng is also trading in green territory.
US Markets
US indices closed with modest gains in the previous session:
| Index | Price | Change | Change % |
|---|---|---|---|
| Dow Jones | 50,306.67 | +276.32 | +0.55% |
| NASDAQ | 26,311.42 | +20.06 | +0.08% |
| S&P 500 (E-Mini) | 7,482.00 | +16.00 | +0.21% |
The positive momentum in US markets, with Dow Jones futures trading higher at 50,435.60, could provide support to global sentiment.
Commodity Trends
| Commodity | Price (USD) | Change | Change % |
|---|---|---|---|
| Crude Oil (WTI) | $97.81 | +$1.46 | +1.52% |
| Gold Futures | $4,525.00 | -$17.50 | -0.39% |
| Silver Futures | $76.59 | -$0.15 | -0.19% |
| Natural Gas | $3.13 | -$0.03 | -0.79% |
| Copper | $6.36 | +$0.07 | +1.07% |
Crude oil's strong performance above $97.00 per barrel reflects ongoing supply concerns, while precious metals are consolidating at current levels.
Currency Updates
The USD/INR pair remains stable at 96.19, showing no change from the previous session. The EUR/USD is trading slightly lower at 1.16116, down 0.05%.
FII/DII Activity
| Date | FII Net (₹ Cr) | DII Net (₹ Cr) |
|---|---|---|
| May 21, 2026 | -1,891.21 | +2,492.42 |
| May 20, 2026 | -1,597.35 | +1,968.35 |
| May 19, 2026 | -2,457.49 | +3,801.68 |
Foreign investors continued their selling streak with net outflows of ₹1,891.21 crore, while domestic institutions provided strong support with net buying of ₹2,492.42 crore.
Block Deals
| Company | Seller | Buyer | Shares | Price (₹) |
|---|---|---|---|---|
| Energy Infrastructure Trust | RAPID HOLDINGS 2 PTE LIMITED | TARA INVESTMENTS 2 (INCORPORATED VCC SUB-FUND) | 3.04 Cr | 76.10 |
Latest Update for Energy Infrastructure Trust
Energy Infrastructure Trust has been active with several recent developments. The trust held its first-ever investor conference call discussing Q4 FY26 performance and long-term growth drivers. CRISIL has reaffirmed its AAA/Stable rating, indicating the highest degree of safety for financial obligations. The trust also announced a distribution of ₹3.92 per unit with a record date of April 16, 2026.
Key Corporate Actions Today
Today marks a significant day for corporate actions with 209 companies scheduled for various activities:
Major Dividend Announcements:
- L&T Technology Services: Final dividend of ₹40.00 per share
- Larsen & Toubro: Final dividend of ₹38.00 per share
- Havells: Final dividend of ₹6.00 per share
- Jindal SAW: Final dividend of ₹2.00 per share
Key Earnings Announcements:
Major companies including Sun Pharmaceutical, Hindalco Industries, Eicher Motors, Fortis Healthcare, and Torrent Pharmaceuticals are set to announce their quarterly results.
Buyback Offers:
- Welspun Living: Tender offer at ₹175.00 per share
- CMS Info Systems: Tender offer at ₹340.00 per share
Traders should monitor these corporate actions as they could lead to significant price movements in individual stocks. The mixed global cues suggest a cautious approach, with stock-specific action likely to dominate today's session.
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