What to Expect from the Stock Market Tomorrow, May 23: Key Cues Ahead of Tomorrow's Trade
Sensex & Nifty Live Updates May 12: Nifty Inches Closer to 25,000 as Indices Hit 2025 High

Indian markets witnessed a strong rally today, with benchmark indices scaling fresh 2025 highs amid broad-based buying and upbeat global cues. Gains in heavyweight IT and Adani group stocks, coupled with a firm rupee and supportive U.S. futures, drove the sharp surge.

Stock Market Highlights, May 12:
- Indices Surge to Record Highs: Indian benchmarks closed sharply higher with the Nifty 50 jumping 3.82% to 24,924.70 and the Sensex gaining 3.74% to settle at 82,429.90, marking new 2025 highs amid strong buying across sectors.
- IT and Adani Stocks Lead Rally: Infosys (+7.91%) and Adani Enterprises (+7.74%) were among the top gainers, supported by robust earnings and fresh institutional interest. Shriram Finance, HCL Tech, and Trent also posted gains over 6%.
- Rupee Strength, Global Optimism Aid Sentiment: INR appreciated 0.72% against the USD, while positive cues from Europe and strong U.S. futures (Nasdaq Futures +3.79%) added to the bullish momentum.
Stay informed with our in-depth look at what’s driving the stock market tomorrow.
Top Gainers:
Company | Gain |
Infosys | 7.91% |
Adani Enterprises | 7.74% |
Shriram Finance | 7.40% |
HCL Tech | 6.43% |
Trent | 6.42% |
Top Losers:
Company | Gain |
IndusInd Bank | -3.63% |
Sun Pharma | -3.36% |
Indian Market Closing Cues:
Index | Value | Change (%) |
Nifty 50 | 24,924.70 | 3.82% |
Sensex | 82,429.90 | 3.74% |
Asian Markets:
Index | Value | Change (%) |
Nikkei | 37,644.26 | 0.38% |
Hang Seng | 23,549.46 | 2.98% |
Shanghai Composite | 3,770.66 | 0.82% |
European Market Mid-Session Update:
Index | Value | Change (%) |
FTSE 100 | 8,596.91 | 0.49% |
DAX | 23,788.92 | 1.23% |
CAC 40 | 7,877.04 | 1.72% |
STOXX 50 | 5,417.97 | 2.04% |
US Markets Live Today
Pre-Market Futures | Value | Change (%) |
Dow Jones Futures Today | 42,198.00 | 2.12% |
NASDAQ Futures Today | 20,899.00 | 3.79% |
S&P 500 Futures Today | 5,837.25 | 2.80% |
*As of 15:26 IST
Gold Price Today
Gold prices today have decreased further today. 22K gold is currently priced at ₹8,880 per gram and 24K gold is at ₹9,688 per gram.
Silver Price Today
Silver prices today have witnessed a drop. Prices are currently at ₹98.90 per gram.
Sensex & Nifty: Afternoon Update:
Index | Value | Change (%) |
Nifty 50 | 24,790.25 | 3.26% |
Sensex | 81,979.72 | 3.18% |
*As of 12:41 IST
Key Factors Impacting INR Today:
- Rupee Gains Against the Dollar: The Indian Rupee appreciated by 0.72% against the US Dollar, with USD/INR falling to 84.7962, reflecting strong domestic flows or improved investor sentiment.
- Global Dollar Strength Persists: The Dollar Index rose by 1.07% to 101.41, suggesting that the dollar remains firm globally despite the Rupee’s gains in local trading.
- Broad INR Strength Across Majors: The Rupee also posted notable gains against other major currencies, with EUR/INR, GBP/INR, and JPY/INR each declining over 1.4%, indicating widespread INR resilience.
Currency Market Overview:
USD/INR | 84.7962 | -0.72% |
Dollar Index | 101.41 | 1.07% |
EUR/INR | 94.4420 | -1.60% |
GBP/INR | 111.9715 | -1.42% |
JPY/INR | 0.5770 | -1.60% |
*As of 12:56 IST
Stock in News Today:
Here are the top stocks to watch today following their latest earnings and business updates.
Adani Power
Adani Power has secured a contract to supply 1,500 MW of thermal power to Uttar Pradesh. The company emerged as the lowest bidder, offering a levelised tariff of ₹5.383 per unit. The electricity will be delivered from a newly developed ultra-supercritical thermal facility under the Design-Build-Finance-Own-Operate (DBFOO) model.
State Bank of India & Yes Bank
State Bank of India (SBI) announced board approval for divesting a 13.19% equity stake in Yes Bank. The stake will be acquired by Japan’s Sumitomo Mitsui Banking Corporation (SMBC) in a deal valued at ₹8,889 crore.
TVS Motor
TVS Motor Company’s CEO, KN Radhakrishnan, expressed optimism about sustained growth in the domestic two-wheeler segment for FY25. He attributed this outlook to supportive income tax policies, higher infrastructure spending, and the expectation of a normal monsoon.
Swiggy
Food delivery platform Swiggy reported a significant widening of its quarterly loss, which rose to ₹1,081 crore in Q4 FY25—almost double the ₹554 crore loss recorded during the same period last year.
Dr. Reddy’s Laboratories
Dr. Reddy’s Laboratories reported a 22% year-on-year increase in consolidated net profit for Q4 FY25, reaching ₹1,594 crore, compared to ₹1,307 crore in the corresponding quarter of the previous fiscal.
Stock Market Outlook for Today:
- Markets open strong today, with Gift Nifty up 2.56% and Nifty opening 1.72% higher at 24,420.10; both Nifty and Sensex are trading at their 2025 year-to-date highs.
- Despite mixed global cues—Nasdaq flat, Dow slightly lower, and Asian markets showing mild gains—domestic sentiment may stay cautious due to weak FII flows (₹3,798.7 crore net sell).
- Bank Nifty’s low PCR (0.7883) potentially suggests bearish undertones in financials, even as DIIs continue strong buying support with a ₹7,277.7 crore net inflow.
Indian Stock Market Recap: May 9
Indian stock markets extended their losing streak, closing lower for another session. The Nifty 50 slipped by 1.10% to end at 24,008.00, while the Sensex declined by 1.10%, settling at 79,454.47.
Indian Market Cues:
Market Indicators | Value | Change (%) |
Gift Nifty | 24,698.00 | 2.56% |
Nifty PCR | 1.0139 | - |
Nifty Max Pain | 24,400 | - |
Bank Nifty PCR | 0.7883 | - |
Bank Nifty Max Pain | 54,200 | - |
Nifty Opening Today | 23,420.10 | 1.72% |
Nifty Previous Closing | 24,008.00 | -0.58% |
Global Market Cues (US Indices):
Index | Value | Change (%) |
Dow Jones | 41,249.38 | -0.29% |
Nasdaq | 17,928.92 | 0.0043% |
Asian Markets:
Index | Value | Change (%) |
Nikkei | 37,442.54 | -0.22% |
Hang Seng | 23,079.88 | 0.93% |
Shanghai Composite | 3,754.19 | 0.38% |
Crude Oil Prices:
Contract | Value | Change (%) |
WTI Crude | 61.40 | 0.62% |
Bond Yields:
Bond | Yield | Change (%) |
U.S. 10-Year Treasury Yield | 4.402% | 0.027% |
FII/DII Activity:
Foreign Institutional Investors (FIIs) Net Buy/Sell : -3798.7
Domestic Institutional Investors (DIIs) Net Buy/Sell : 7277.7
*As of 09:44 IST
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.
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