Premarket Report – May 13, 2026
Premarket Updates
- GIFT Nifty : GIFT Nifty futures at 23,436 (+0.05%), indicating a mildly positive start for Indian markets despite ongoing global uncertainties.
- Asia Markets: Asian indices trading mixed; selective buying in tech and consumer names while energy stocks remain volatile on crude movements.
- Nifty Futures: Nifty 50 futures near 23,450 (+0.10%); traders watching support near 23,300 and resistance at 23,600.
- Bank Nifty Futures: Bank Nifty futures near 54,200 (-0.40%); mixed sentiment in banking space ahead of key earnings.
- Midcaps Under Watch: Nifty Midcap futures around 14,150 (-0.30%); focus on domestic consumption and infrastructure themes.
- IT Futures: Nifty IT futures trading flat to mildly positive tracking stable global tech cues overnight.
- Rupee Under Pressure: USD/INR hovering near 95.40 with RBI interventions likely to cap sharp moves.
- FII/DII Flows: FIIs net sellers of Rs 1,959 cr in cash on May 12; DIIs bought Rs 7,990 cr offering strong support.
- Sector Focus: Pharma and autos in focus on corporate deals and domestic demand; defensives expected to hold firm.
Global Market Insights
US Markets (Recent Close)
- Dow Jones: Closed lower amid hotter-than-expected inflation data
- S&P 500: Modest decline with pressure on rate-sensitive sectors
- Nasdaq: Tech stocks faced selling on chip weakness
- VIX: Elevated as traders price in policy uncertainty
US markets reacted to strong CPI print; focus now shifts to Fed signals and corporate earnings flow.
Asia & Europe (May 13 Premarket)
- Nikkei 225: Trading cautiously on yen movements
- Hang Seng: Mild gains supported by property stabilization hopes
- FTSE Futures: Limited upside ahead of UK data
- DAX Futures: Flat with focus on European inflation trends
Asian markets showing resilience with selective buying despite oil volatility.
Commodities & Forex
- Brent Crude: Hovering near $102-104 on geopolitical developments
- Gold: Holding firm above key levels on safe-haven flows
- US Dollar Index: Gaining on stronger inflation data
Oil prices remain elevated but showing some profit-taking; gold supported by uncertainty.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: ~23,436 (+0.05%)
- Nifty 50 (May 12 Close): ~23,380
- Sensex (May 12 Close): ~75,700 (approx)
- India VIX: Moderating but remains above long-term average
Markets expected to open flat to marginally higher; DII buying to provide cushion.
Key Futures (Premarket)
- Nifty 50 Futures: ~23,450 (+0.10%)
- Nifty Bank Futures: ~54,200 (-0.40%)
- Nifty IT Futures: Flat to positive
- Nifty Midcap Futures: ~14,150 (-0.30%)
Futures suggesting cautious open with stock-specific action likely.
Top Movers (Recent Close)
| Gainers | Losers |
|---|---|
| Pharma and FMCG on defensive buying | Select IT and auto ancillaries |
| Domestic consumption plays | High-beta stocks on FII flows |
| Metals on selective global cues | Realty on input cost worries |
DIIs supporting defensives while global cues weigh on cyclicals.
Latest Global & Indian Market News
Oil Prices Remain Elevated
Brent crude holding near $102-104 levels amid ongoing Middle East developments and supply concerns; implications for India’s current account watched closely.
FII Selling Persists but Pace Slows
FIIs net sellers of Rs 1,959 cr on May 12; focus on whether outflows moderate with global rate expectations.
Strong DII Inflows Continue
Domestic institutions bought Rs 7,990 cr on May 12, absorbing FII pressure and supporting market breadth.
US CPI Hotter Than Expected
Stronger US inflation data weighs on rate cut hopes; impact on emerging market flows under watch.
Rupee Trades Near 95.40
USD/INR steady with RBI likely to intervene in case of sharp volatility.
Sun Pharma’s Big Global Bet
Recent large overseas acquisition by Indian pharma major highlights India Inc’s growing outbound M&A appetite.
IT Sector Steady
Stable global tech cues and deal pipeline support Nifty IT; focus on upcoming quarterly results.
Gold Demand Strong
Safe-haven buying continues amid geopolitical and macro uncertainties.
Options Analysis
Nifty 50 Options Open Interest (OI)
Call writing visible at higher strikes; Put buildup at lower levels suggesting range-bound trading with volatility.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 23,500 | Moderate | High |
| 23,400 | Building | Significant |
| 23,300 | Increasing | Building |
| 23,600 | Peak | Moderate |
Chart: Nifty 50 OI distribution (indicative; levels adjusted to recent range).
Disclaimer: Market data is based on the latest available information. GIFT Nifty price and other futures data are indicative and must be verified in real-time before trading. Investments are subject to market risks.
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