Trade Setup for Today: Key Things to Know Before the Opening Bell on May 11, 2026
GIFT Nifty indicates a weak opening, down 210 points (-0.87%) at 24,049.50. Global markets show mixed trends with NASDAQ gaining 1.68% while Asian indices declined. Crude oil surged 3.79% to $99.04, boosting energy commodities. FIIs remained net sellers at ₹4,111 crores while DIIs provided strong support with ₹6,748 crores net buying. Major block deals in PB FinTech (4.84M shares) and Lenskart Solutions (25M shares) highlight institutional activity. USD/INR weakened to 94.37, providing some relief.
GIFT Nifty indicates a weak opening, down 210 points (-0.87%) at 24,049.50. Global markets show mixed trends with NASDAQ gaining 1.68% while Asian indices declined. Crude oil surged 3.79% to $99.04, boosting energy commodities. FIIs remained net sellers at ₹4,111 crores while DIIs provided strong support with ₹6,748 crores net buying. Major block deals in PB FinTech (4.84M shares) and Lenskart Solutions (25M shares) highlight institutional activity. USD/INR weakened to 94.37, providing some relief.
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