Indian markets are set for a weak opening today as GIFT Nifty trades ~90–200 points lower
Global Market Update
US markets (May 19 close): Dow -0.65% (49,364), S&P 500 -0.67% (7,354), Nasdaq -0.84% (25,871).
Europe: FTSE 100 -0.71%, CAC 40 -0.52%, DAX -0.63%.
Asia (today): Nikkei -0.88%, Kospi -0.52%, Hang Seng futures -0.75%, ASX 200 -0.5%.
Commodities: Brent crude ~$110.8/barrel, WTI ~$103.8/barrel; gold ~$4,499/oz; silver ~$74.5/oz.
Geopolitics: US–Iran tensions escalate after Trump’s fresh warning of a “big hit” if no deal is reached, keeping energy markets volatile.
🇮🇳 Indian Market Update
Last close (May 19): Sensex 75,200 (-114 pts), Nifty 23,618 (-32 pts).
Bank Nifty: 53,409 (-0.24%).
Volatility: India VIX ~19.8 → elevated.
Stocks in focus today: Apollo Hospitals, Grasim, BPCL, Hindalco, Bharti Airtel, Bosch, Jubilant FoodWorks, Samvardhana Motherson, Aditya Birla Capital, TeamLease, Garware Fibres.