Indian benchmark indices, Sensex and Nifty 50, are expected to open higher on May 12, taking cues from GIFT Nifty, which was trading around 24,559 earlier this morning.

On May 9, the Indian markets extended losses for a second consecutive session, weighed down by escalating tensions between India and Pakistan, despite favorable global signals.

However, with the recent understanding between the two countries largely holding—despite minor violations following the May 7 announcement—markets may find some relief.

Going forward, investor sentiment will be influenced by fourth-quarter earnings, ongoing US-China trade negotiations over the weekend, and other global market factors.

On Friday, the 30-share benchmark index ended at 79454.47 down by -880.34 points or by -1.1 % and then NSE Nifty was at 24008 down by -265.8 points or by -1.1 %.

On the global front, Asian markets were trading higher in the early Monday trade, as China and the US made “substantial progress” on their trade talks, spurring a risk-on mode.

US stocks ended the week on a quiet note on Friday after oscillating between slight gains and declines, as investors gauged President Donald Trump's comments on Chinese tariffs ahead of weekend trade talks between the two countries.

The Dow Jones Industrial Average fell 119.07 points, or 0.29%, to 41,249.38, the S&P 500 lost 4.03 points, or 0.07%, to 5,659.91, and the Nasdaq Composite gained 0.78 points, or flat, to 17,928.92.

Back home, Top traded Volumes on NSE Nifty – Bharat Electronics Ltd. 44244945.00, Tata Motors Ltd. 40183276.00, Jio Financial Services Ltd. 25011071.00, Eternal Ltd. 24415321.00, Tata Steel Ltd. 21875453.00,

On NSE, total number of shares traded was 387.60 Crore and total turnover stood at Rs. 94550.76 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 248740 with a total turnover of Rs. 43142.88 Crore. Along with this total number of contracts traded in stock futures were 1526017 with a total turnover of Rs. 91715.38 Crore. Total numbers of contracts for index options were 52262075 with a total turnover of Rs. 9361099.48 Crore. and total numbers of contracts for stock options were 6564149 with a total turnover of Rs. 415687.22 Crore.

The FIIs on 09/05/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 22515.29 Crore and gross debt purchased stood at Rs. 337.93 Crore, while the gross equity sold stood at Rs. 20088.09 Crore and gross debt sold stood at Rs. 885.49 Crore. Therefore, the net investment of equity and debt reported were Rs. 2427.20 Crore and Rs. -547.56