India Market Open Summary
May 12, 2025
Indices
Note :
- 'Open' prices are based on pre-market indicators and may differ slightly at actual market open.
- Traders are advised to wait for the first 30 minutes of trading to gauge market direction more accurately.
- Always use proper risk management techniques, especially on days with higher volatility.
Top Gainers and Losers : 09-05-2025
Top Gainers
Top Losers
Note :
- Last Price and Change are as of market open.
- Volume represents the number of shares traded in the first 15 minutes of trading.
- 52-Week High and Low are based on the previous trading day's close.
Global Markets Overview: Positive
Major global indices are showing positive trends, indicating a favorable environment for Indian markets.
- U.S. Markets: Dow Jones Futures CFD opened up by 1.01%, Nasdaq CFD index gained by 0.0%.
- European Markets: CAC up by 0.64%, DAX increased by 0.62%.
- Asian Markets: GIFT NIFTY rose by 1.91%, Hang Seng index up by 1.59%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
24,008.00
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
Intraday Resistances:
- NIFTY50 is currently in a downtrend as indicated by the lower highs and lower lows pattern
- Immediate resistance level is around 24,100 while support is seen at 23,950
- Volume spiked significantly during the recent selloff suggesting strong bearish momentum
- A break above 24,100 could indicate a potential reversal towards an uptrend
Bank Nifty Outlook
#StreetOpen
Previous Close:
53,595.25
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
53,139.28
Intraday Resistances:
54,282.78
- Bank Nifty is in a clear downtrend with lower highs and lower lows
- Immediate resistance is seen around 54,100, while support is evident at 53,500
- Significant volume spike observed near 12:00 suggesting strong selling pressure
- A breakdown below 53,500 could lead to further bearish movement
Previous Day's Market Breadth
Total Advancing Stocks
1065
Total Declining Stocks
1738
Advance-Decline Ratio
0.613
Get daily predictions and stock updates
Market Breadth
Advancing Sectors
3
Declining Sectors
17
Advance-Decline Ratio
0.176
Sector Rotation Analysis
Key Sector Trends
Miscellaneous
Asian stocks and US futures gain on China trade talks, with notable advances in Australia, Japan, and South Korea.
Finance
FPIs continue to invest, injecting Rs 14,167 crore in equities in May, following a net investment of Rs 4,223 crore in April.
Miscellaneous
Market turns defensive with bearish candles and rising VIX, indicating potential deeper corrections.
Miscellaneous
US-China trade talks are crucial for commodity moves next week, with US consumer inflation and retail sales data being key indicators.
Pre-Market News
- Nifty 50 Index:Asian stocks and US futures rise on optimism over China trade talks.
- Angel One:BOFA Securities Europe SA acquires 1.68% stake in Angel One.
- S&P 500:Wall Street closes near flat as US-China talks remain in focus.
- Nifty 50 Index:Market snaps 3-week gaining streak amid Indo-Pak war tensions.
Stocks to Watch
SBI
SBI to sell 13.19% stake in Yes Bank to Sumitomo Mitsui Banking Corporation.
Swiggy
Q4 net loss at Rs 1,081 crore versus loss of Rs 554.8 crore, YoY.
KPR Mill
Q4 net profit down 4.2% at Rs 204.6 crore versus Rs 213.6 crore, YoY.
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About Author
Santhosh Kumar V.
Founder, CEO Streetgains
Santhosh is a technical analyst, market researcher, educator and trader with 10+ years of experience. He is an expert in the area of patterns, price and time analysis as it applies to futures, Forex, and stocks.
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