Indian stock market indicators, the Nifty 50 and the Sensex, are expected to open higher on May 15, 2025, following mixed cues from global markets.

Global Market Signals

• US Futures: U.S. futures indicated a potential recovery, with Nasdaq Futures up 0.39% and S&P 500 Futures rising 0.27% in evening trade, which could positively influence global equities, including Indian markets.
• European Markets: European markets closed in the red on May 14, with the DAX and CAC 40 down 0.34% and 0.46% respectively, reflecting caution in global sentiment despite stable economic data.
• Asian Markets: Asian markets opened mixed on Thursday, providing little clarity for market direction. Japan's Nikkei 225 was down 0.90 percent, while the broader Topix index shed 0.76 percent. South Korea's Kospi and Australia's ASX200 were trading flat with a negative bias. Hong Kong's Hang Seng rose 1.16%, but China's CSI 300 dipped 0.21%.

Domestic Market Sentiment

• Positive Momentum: Indian markets closed higher on May 14, with the Nifty 50 gaining 0.36% and Sensex rising 0.22%, supported by strength in metals and financials.
• Gift Nifty: The Gift Nifty was trading around 24,752.50, a premium of nearly 37 points from the Nifty futures' previous close, suggesting a positive start for the Indian benchmark index. A 0.47% rise in Gift Nifty indicates a mildly optimistic opening for the stock market on May 15.
• FII/DII Activity: Overseas investors turned net buyers of Indian equities on Wednesday, with foreign portfolio investors buying equities worth Rs 931.8 crore. Domestic institutional investors remained net buyers for the fourth consecutive session, purchasing equities worth Rs 316.3 crore.
• Analyst Views: Analysts believe the positive momentum in Indian markets is likely to continue, supported by easing geopolitical tensions, progress on trade agreements, and improving signs of macroeconomic stability.

Nifty & Sensex Predictions

• Nifty 50: Experts suggest that the short-term trend for Nifty remains positive, with immediate support at 24,500 and resistance at 24,800. A sustained move above 81,600 could pave the way for further upside momentum. The Nifty 50 may move towards a target of 24,850–25,000. Strong support for the Nifty is placed at 24,500 and 24,378, while 24,850 and 24,975 could offer resistance.
• Sensex: The BSE Sensex has closed near its crucial support at 81,100. Resistance is expected at 81,600, and support at 80,800. A break below 80,800 may lead to profit booking.

Key Levels to Watch

• Nifty 50 Support: 24,378, 24,400, 24,500
• Nifty 50 Resistance: 24,800, 24,850, 24,975, 25,000
• Sensex Support: 80,800, 81,000, 81,100
• Sensex Resistance: 81,600, 81,700, 83,500

Other Factors

• Volatility: The volatility index, India VIX, decreased by 4.76 percent, signaling a potential cool down in stock market volatility.
• Consolidation Phase: Analysts anticipate that the market is in a consolidation phase, with sector rotation and profit booking expected to keep the market range-bound.
• Earnings: Investors will be closely monitoring earnings reports from companies including JSW Energy, PB Fintech, Patanjali Foods, Abbott India, Tube Investments of India, and Page Industries.
• Trade Deficit Data: The government is set to release the trade deficit data for April on Thursday.