The SGX Nifty May 2026 futures are presently down by 178.00 points, indicating a likely negative opening for the benchmark index today.
Institutional Flows:
On 14 May 2026, provisional data indicated that foreign portfolio investors (FPIs) acquired shares valued at Rs 187.46 crore, whereas domestic institutional investors (DIIs) emerged as net buyers, accumulating Rs 684.33 crore in the Indian equity market. Foreign Institutional Investors have divested shares amounting to Rs 25,984.99 crore up to May 14, 2026. This is in line with their cash sales of Rs 70,135.46 crore in April, Rs 122,540.41 crore in March, and Rs 6,640.78 crore in February.
Global Markets:
On Friday, Asia-Pacific markets experienced a decline as investors remained focused on the ongoing high-stakes discussions between U.S. President Donald Trump and Chinese President Xi Jinping, now entering their second day. Trump arrived in Beijing on Wednesday for the highly scrutinized summit, accompanied by a delegation of American business leaders, including Tesla CEO Elon Musk and Nvidia chief Jensen Huang. During the summit between President Donald Trump and Chinese President Xi Jinping on Thursday, Iran emerged as a significant topic of discussion. Reports indicate that both leaders concurred on the necessity of keeping the Strait of Hormuz open. Xi has reportedly cautioned Trump that Washington and Beijing could encounter “clashes and even conflicts” if the delicate matter of Taiwan independence is improperly managed. Failure to handle the matter “properly” could place “the entire relationship in great jeopardy,” Xi was quoted as saying.
Overnight in the U.S., stocks concluded the trading session on a positive note on Thursday, with the Dow Jones Industrial Average surpassing 50,000, buoyed by robust earnings from Cisco Systems and a significant meeting between U.S. and Chinese officials. The 30-stock index increased by 370.26 points, representing a rise of 0.75%, concluding at 50,063.46. The S&P 500 experienced an increase of 0.77%, concluding at 7,501.24, whereas the Nasdaq Composite saw a rise of 0.88%, finishing at 26,635.22. The two indexes achieved new all-time intraday highs and recorded their highest closing values.
Cisco’s shares experienced a notable increase of 13% following the release of third-quarter results and guidance that surpassed market expectations, alongside the announcement of a reduction of nearly 4,000 jobs. The Dow received a boost as Nvidia advanced more than 4% following media reports indicating that the U.S. has approved approximately 10 Chinese firms to acquire Nvidia’s H200 chip, although no deliveries have occurred thus far.
Domestic Market:
The headline equity indices concluded Thursday with substantial gains, marking a continuation of their rally for a second consecutive session, buoyed by robust global signals and optimism regarding the ongoing U.S.-China discussions. Consistent corporate earnings alongside value acquisition in banking and telecom equities further bolstered market sentiment. The Nifty commenced the trading session at 23,530.25, subsequently experiencing a brief decline into negative territory during late morning trading, reaching an intraday low of 23,426.55. Nevertheless, robust purchasing in the banking, pharmaceutical, and metal sectors propelled the index upward consistently throughout the afternoon session.
The Nifty subsequently reached an intraday high of 23,777.20, concluding the session close to the day’s peak levels. With the exception of the Nifty IT index, all sectoral indices on the NSE concluded the trading session in positive territory. The S&P BSE Sensex experienced an increase of 789.74 points, reflecting a rise of 1.06%, reaching a level of 75,398.72. The Nifty 50 index increased by 277 points, reflecting a gain of 1.18%, reaching a level of 23,689.60. In two consecutive trading sessions, the Sensex experienced an increase of 1.13%, while the Nifty 50 recorded a gain of 1.33%.