Nifty Likely to Open in Green; JSW Energy & Cochin Shipyard Q4 Results in Focus
Pre-Market Update: Early indications from the Gift Nifty indicate that the Indian equity benchmark indices are likely to open in green on Thursday, May 15, 2025.
As of 07:16 am, Gift Nifty hovered near the 24,752 mark, up by 38 points over the previous close.
Asian markets edged lower on Thursday, while the US markets closed on a mixed note in overnight trading.
On D-Street, stock specific action is likely to continue amid Q4 earnings. On Thursday, few prominent Indian companies are scheduled to announce their Q4 earnings today.
JSW Energy, PB Fintech, Patanjali Foods, Abbott India, Tube Investments of India Ltd, Page Industries, Godfrey Phillips India, Cochin Shipyard and ITC Hotels will announce their Q4 earnings today.
On May 14, Foreign Institutional Investors (FIIs) were net buyers, purchasing ₹931.80 crore worth of shares. Domestic Institutional Investors (DIIs) bought shares worth ₹316.31 crore during the same period.
On Wednesday, Indian equity markets ended the session in the green. After opening on a positive note—buoyed by easing retail inflation and steady global trends—the markets traded in a narrow range for most of the day. The Sensex rose by 182 points (0.22%) to close at 81,330.56, while the Nifty 50 climbed 89 points (0.36%) to finish at 24,666.90. India VIX, a measure of volatility, fell 5.6% to settle at 17.18 on Wednesday.
Asian markets slipped on Thursday, retreating after gains in the previous session that had been supported by easing U.S.-China trade tensions.
U.S. markets ended on a mixed note as investors stayed cautious ahead of key economic data. The Dow Jones Industrial Average slipped 89.37 points, or 0.21%, to close at 42,051.06. Meanwhile, the S&P 500 edged up 6.03 points, or 0.1%, finishing at 5,892.58. The Nasdaq Composite led the gains, rising 136.72 points, or 0.72%, to settle at 19,146.81.
Market participants largely held back from taking big positions as they await Thursday’s data releases on producer prices, retail sales, and industrial production — all of which could offer fresh clues on the Federal Reserve’s next steps.
Gold prices edged slightly lower as easing tensions between the US and China reduced demand for safe-haven assets. Spot gold dipped 0.02% to $3,177 per ounce, while Indian gold futures declined by 1.48% to ₹92,265.
Meanwhile, crude oil prices retreated from their highest levels in two weeks. Brent crude slipped 1.38% to $64.47 per barrel, and US WTI crude dropped 1.33% to $61.37. Both benchmarks had surged over 12% in the last two weeks.
Disclaimer: The article is for informational purposes only and not investment advice.
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