The SGX Nifty May 2026 futures are presently down by 195.00 points, indicating a significantly negative start for the benchmark index today.

Institutional Flows:

On 15 May 2026, provisional data indicated that foreign portfolio investors (FPIs) purchased shares valued at Rs 1,329.17 crore, whereas domestic institutional investors (DIIs) were net sellers amounting to Rs 1,958.82 crore in the Indian equity market. Foreign Institutional Investors have divested shares amounting to Rs 24,655.82 crore up to May 15, 2026. Their cash sales amounted to Rs 70,135.46 crore in April, Rs 122,540.41 crore in March, and Rs 6,640.78 crore in February.

Global Markets:

Asia markets experienced a decline on Monday as investors assessed the implications of heightened geopolitical tensions. This followed U.S. President Donald Trump’s warning to Iran to “get moving, FAST,” which has sparked concerns about possible escalations in the Middle East and the potential impact on global oil supplies. In a recent post on Truth Social, Trump stated on Sunday that “the Clock is Ticking” for Iran and cautioned that there “won’t be anything left” if action is not taken promptly, emphasizing that “TIME IS OF THE ESSENCE!” He refrained from detailing the actions he expected Iran to undertake or the potential repercussions that might ensue.

Oil prices increased by over 1%. International benchmark Brent crude futures for July increased by 1.90%, trading at $111.34 per barrel. U.S. West Texas Intermediate futures for June increased by 2.17%, reaching $107.71 per barrel. The relationship between Washington and Tehran continues to be strained, even with a delicate ceasefire established in early April. The United States has maintained its blockade of Iranian ports, whereas Iran has kept the Strait of Hormuz closed since the onset of the conflict.

Last week on Wall Street, the major indices experienced a decline on Friday, impacted by losses in technology stocks and an increase in U.S. Treasury yields following a summit between President Donald Trump and Chinese President Xi Jinping that concluded without significant policy advancements, raising concerns among traders. The S&P 500 declined by 1.24%, closing at 7,408.50, whereas the Nasdaq Composite fell by 1.54%, finishing at 26,225.14. The Dow Jones Industrial Average experienced a decline of 537.29 points, representing a decrease of 1.07%, concluding the session at 49,526.17.

Domestic Market:

The domestic equity benchmarks concluded the trading session on Friday with a moderate decline, breaking a two-day winning streak. Market participants realized gains at elevated levels due to apprehensions regarding inflation and ambiguity surrounding the speed of global economic recovery. Market sentiment exhibited caution as the rupee weakened, falling beyond the Rs 96-per-dollar threshold. Heightened crude oil prices, inflationary pressures, and ongoing geopolitical tensions have also impacted market performance.

The Nifty finished the session beneath the 23,650 threshold, influenced negatively by declines in metal and PSU bank stocks. However, IT shares experienced value buying throughout the session. The S&P BSE Sensex experienced a decrease of 160.73 points, reflecting a decline of 0.21%, closing at 75,237.99. The Nifty 50 index experienced a decline of 46.10 points, representing a decrease of 0.19%, closing at 23,643.50. Over the last two trading sessions, the Sensex increased by 1.13%, and the Nifty 50 saw a rise of 1.33%.