Indian benchmark indices, Sensex and Nifty 50, are expected to open on a weaker note on May 13, as indicated by GIFT Nifty, which was trading around 24,918 earlier this morning.

Following a strong rally in the previous session—driven by a mix of positive global and domestic developments, including a ceasefire understanding between India and Pakistan and a trade agreement between China and the US to reduce tariffs—the markets appear poised for a phase of consolidation on Tuesday.

In addition to these factors, global market trends and renewed buying interest from foreign institutional investors are likely to influence trading sentiment. Investors will also be closely watching the release of April’s retail inflation data later today.

On Monday, the 30-share benchmark index ended at 82429.9 up by 2975.43 points or by 3.74 % and then NSE Nifty was at 24924.7 up by 916.7 points or by 3.82 %.

On the global front, Asian stocks followed gains in US equities on optimism the US-China trade truce marks the end to an all-out tariff war.

Wall Street's three major indexes rose sharply on Monday with the S&P 500 marking its highest level since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for the easing of a global trade war, which U.S. President Donald Trump ignited in early April.

The Dow Jones Industrial Average rose 1,160.72 points, or 2.81%, to 42,410.10 for its highest close since March 26.

The S&P 500 gained 184.28 points, or 3.26%, to finish at 5,844.19, its highest close since March 3, while the Nasdaq Composite gained 779.43 points, or 4.35%, to 18,708.34 for its highest finish since February 28.

Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 47087413.00, Bharat Electronics Ltd. 39927141.00, Eternal Ltd. 31757003.00, Tata Motors Ltd. 20133616.00, Wipro Ltd. 19791711.00,

On NSE, total number of shares traded was 420.41 Crore and total turnover stood at Rs. 106751.00 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 285259 with a total turnover of Rs. 50864.90 Crore. Along with this total number of contracts traded in stock futures were 1921660 with a total turnover of Rs. 121255.23 Crore. Total numbers of contracts for index options were 75261168 with a total turnover of Rs. 13779201.91 Crore. and total numbers of contracts for stock options were 8186219 with a total turnover of Rs. 538845.24 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