Nifty Likely to Open On a Weak Note; BEL, DLF and Power Grid Q4 Results in Focus
Early indications from the Gift Nifty suggest that the Indian equity benchmark indices are likely to open in the red on Monday, May 19, 2025.
As of 07:18 am, the Gift Nifty hovered near the 25,059 mark, down 30 points from the previous close.
Asian markets declined, whereas US markets closed the week on a positive note following a temporary easing of trade tensions between the US and China.
This week, investors are expected to closely monitor several market-moving factors such as India’s Q4 corporate earnings, key economic data releases, progress in international trade agreements, and any fresh developments related to India-Pakistan relations.
On D-Street, stock-specific action is likely to continue amid Q4 earnings. On Monday, a few prominent Indian companies are scheduled to announce their Q4 results.
Power Grid Corporation of India, Bharat Electronics, DLF, PI Industries, Petronet LNG, NLC India, Gujarat Gas, and IRB Infrastructure Developers are scheduled to announce their Q4 earnings today.
On May 16, Foreign Institutional Investors (FIIs) were net buyers, purchasing shares worth ₹8,831.05 crore. Domestic Institutional Investors (DIIs), on the other hand, bought shares amounting to ₹5,187.09 crore during the same session.
Domestic equity benchmarks ended slightly lower on Friday as investors booked profits after recent gains. The Sensex declined by 200.15 points (0.24%) to close at 82,330.59, while the Nifty 50 slipped 42.30 points (0.17%) to settle at 25,019.80.
Asian markets traded lower on Monday ahead of a series of key economic data releases across the region.
U.S. markets ended Friday in the green, notching their fifth straight session of gains, supported by easing trade tensions between the U.S. and China.
For the week, the S&P 500 climbed 5.3%, the Nasdaq surged 7.2%, and the Dow advanced 3.4%.
Moody’s has downgraded the United States' sovereign credit rating by one notch—from “Aaa” to “Aa1”—citing rising national debt, now at $36 trillion. The agency revised its outlook on the U.S. economy from “negative” to “stable.”
The U.S. dollar snapped a four-week winning streak on Friday, weakening against major global currencies.
Gold prices climbed over 1%, supported by a softer dollar and renewed demand for safe-haven assets. Comments from U.S. Treasury Secretary Scott Bessent, affirming President Donald Trump’s tariff stance, further boosted sentiment. Spot gold rose 1.4% to $3,247.40 per ounce.
Crude oil prices remained nearly unchanged as markets awaited progress on U.S.-Iran nuclear talks and economic data from China.
Disclaimer: The article is for informational purposes only and not investment advice.
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