Weak global cues, institutional activity, India’s May flash manufacturing and services PMI data, along with Q4 earnings, are likely to impact the sentiment of Indian benchmark indices — Sensex and Nifty50. As of 8:33 AM, GIFT Nifty futures were trading 78 points lower at 24,754, indicating a negative opening for the markets.

On Wednesday, the 30-share benchmark index ended at 81596.63 up by 410.19 points or by 0.51 % and then NSE Nifty was at 24813.45 up by 129.55 points or by 0.52 %.

On the global front, Asia-Pacific markets dropped on Thursday, mirroring losses on Wall Street amid a sharp rise in the US Treasury yields that reignited concerns over the country’s growing budget deficit.

Nikkei was down 0.5 per cent, while the Topix index shed 0.3 per cent. The Kospi declined 0.59 per cent, and ASX 200 slipped 0.36 per cent.

The overnight sell-off in US equities weighed heavily on sentiment. The Dow Jones Industrial Average plummeted 1.91 per cent. The S&P 500 dropped 1.61 per cent, while the Nasdaq Composite lost 1.41 per cent.

Back home, Top traded Volumes on NSE Nifty – Bharat Electronics Ltd. 88688170.00, Eternal Ltd. 47166136.00, Tata Steel Ltd. 36044599.00, Power Grid Corporation of India Ltd. 11997632.00, Jio Financial Services Ltd. 10476515.00, On NSE, total number of shares traded was 374.62 Crore and total turnover stood at Rs. 98948.36 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 208980 with a total turnover of Rs. 37589.73 Crore. Along with this total number of contracts traded in stock futures were 1487238 with a total turnover of Rs. 95293.49 Crore. Total numbers of contracts for index options were 126498221 with a total turnover of Rs. 23479701.22 Crore. and total numbers of contracts for stock options were 8918027 with a total turnover of Rs. 615503.49 Crore.

The FIIs on 21/05/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 14854.50 Crore and gross debt purchased stood at Rs. 548.88 Crore, while the gross equity sold stood at Rs. 24895.88 Crore and gross debt sold stood at Rs. 484.87 Crore. Therefore, the net investment of equity and debt reported were Rs. -10041.38 Crore and Rs. 64.01