The benchmark Indian equity indices, Sensex and Nifty 50, are likely to open on a muted note on Wednesday following weak global market signals and continued caution among investors.
Market participants are expected to closely monitor developments across West Asia, movement in crude oil prices, trends in the US dollar and foreign institutional investor activity during the trading session.
Investor sentiment also remains focused on quarterly earnings announcements, with company-specific developments likely to drive stock-specific action in the market.
In the previous trading session on May 12, 2026, domestic equity markets ended sharply lower, extending losses for the fourth consecutive session amid broad-based selling pressure.
The Nifty 50 declined 436 points, or 1.83%, to close at 23,379.55, while the Sensex tumbled 1,456 points, or 1.92%, to settle at 74,559.
Gift Nifty was trading near the 23,488 level on Wednesday morning. The index was up 65 points, or 0.28%, at 07:16 AM IST. However, earlier indications suggested a flat-to-muted opening for domestic indices as investors remained cautious following the recent market sell-off.
Asia-Pacific markets opened mostly lower on Wednesday amid weak global sentiment. Japan’s Nikkei 225 slipped 0.52%, while the broader Topix index managed to gain 0.28%.
South Korea’s Kospi declined 2.15%, and the Kosdaq index fell 0.74%. Australia’s ASX 200 also traded lower, down 0.56% in early deals.
US markets ended on a mixed note during Tuesday’s session, with technology shares witnessing some profit booking after recent gains.
The S&P 500 slipped 0.16%, while the Nasdaq Composite declined 0.71%. Meanwhile, the Dow Jones Industrial Average managed to close marginally higher, gaining 56.09 points, or 0.11%.
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The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, was trading slightly higher at 98.32 on Wednesday morning.
The movement in the dollar will remain important for emerging markets, including India, as investors assess global capital flows and currency trends.
Crude oil prices traded lower in early Wednesday deals amid ongoing concerns surrounding global demand and geopolitical developments.
West Texas Intermediate (WTI) crude declined 0.57% to $101.56 per barrel, while Brent crude slipped 0.61% to $107.16 per barrel.
Foreign institutional investors remained net sellers in the Indian equity market on May 12. FIIs/FPIs sold shares worth ₹1,959 crore during the session.
Domestic institutional investors continued to provide support to the market, purchasing equities worth ₹7,990 crore.
Domestic markets are expected to witness cautious trading on Wednesday amid weak Asian cues, mixed signals from Wall Street and continued uncertainty surrounding global macroeconomic and geopolitical developments. Investors are also likely to track quarterly earnings announcements and institutional activity for further market direction.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 13, 2026, 8:24 AM IST
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