Indian Stock Market Today Live: 8 Key Overnight Developments to Watch — Gift Nifty, Wall Street Rally, India-Pakistan Ceasefire

Indian Stock Market Today Live: Indian stock market opens cautiously after a record rally. Key drivers include Gift Nifty trends, Wall Street surge, India-Pakistan ceasefire, and US-China trade deal. Sensex & Nifty updates inside.

The Indian stock market is poised for a cautious opening on Tuesday, May 13, after witnessing a historic rally in the previous session. While global cues remain largely positive, Gift Nifty suggests a marginally negative start. Several significant developments — from the Wall Street surge and US-China trade deal to easing India-Pakistan tensions — are shaping the mood of the market today.

Here are 8 key updates that could influence the Sensex, Nifty 50, and overall investor sentiment in today’s trading session.

1. Gift Nifty Signals Soft Start

Gift Nifty was trading around 24,915, nearly 128 points below the Nifty futures’ previous close. This indicates a muted or slightly negative opening for Indian stock market indices. After Monday’s euphoric rally, some profit booking cannot be ruled out.

2. Wall Street Records Biggest Jump Since April

Wall Street ended with strong gains overnight:

• Dow Jones surged 1,160.72 points (2.81%) to 42,410.10
• S&P 500 jumped 184.28 points (3.26%) to 5,844.19
• Nasdaq Composite soared 779.43 points (4.35%) to 18,708.34

This was the best single-day performance since April 9, driven by optimism over the US-China trade agreement, which includes temporary tariff cuts.

Major tech stocks like Apple (+6.3%), Amazon (+8.07%), and Tesla (+6.75%) led the rally, indicating robust investor confidence.

3. India-Pakistan Ceasefire Boosts Sentiment

A major boost to market sentiment came from geopolitical stability. The Director Generals of Military Operations (DGMOs) of India and Pakistan agreed to uphold a mutual ceasefire, with both sides committing to avoid any aggressive actions.

On Monday, PM Narendra Modi made a stern declaration:

“We have paused our military action. But if provoked again, India will retaliate on its own terms. We will not tolerate nuclear blackmail.”

This strong yet measured stance eased investor nerves and helped drive the market upwards.

4. Sensex, Nifty 50 Clock Best Rally in 4 Years

On Monday, the Indian equity market posted its biggest single-day rally in four years:

• Sensex gained 2,975.43 points (3.74%) to close at 82,429.90
• Nifty 50 rose 916.70 points (3.82%) to settle at 24,924.70

According to Siddhartha Khemka, Head of Research at Motilal Oswal:

“De-escalation with Pakistan, early monsoon forecasts, and short-covering in derivatives have boosted market confidence. The momentum may continue.”

5. Asian Markets in Green

Asian stocks opened higher, mirroring the Wall Street rally:

• Nikkei 225: +2.17%
• Topix: +1.77%
• Kospi: +0.13%
• Kosdaq: +1.01%

However, Hong Kong’s Hang Seng Futures indicated a softer open, suggesting selective risk appetite.

6. Gold Prices Steady as Risk Appetite Grows

Gold prices remained steady as investor focus shifted to equities:

• Spot Gold: $3,235.37 per ounce
• US Gold Futures: up 0.5% at $3,243.50

The US-China trade deal reduced safe-haven demand, keeping bullion prices in check.

7. Crude Oil Prices Cool Down

Crude oil eased after hitting a two-week high:

• Brent Crude: down 0.32% at $64.75/barrel
• WTI Crude: down 0.31% at $61.76/barrel

Despite the dip, both benchmarks had closed 1.5% higher on Monday, buoyed by global optimism.

8. US Dollar Holds Firm, Treasury Yields Rise

• The US Dollar Index hovered near a one-month high at 101.67.
• The 2-year Treasury yield stood at 3.9977%, and the 10-year yield at 4.4551%.

The dollar’s strength reflects renewed risk appetite and confidence in the global economic outlook.

Conclusion: What to Expect Today?

While Monday’s rally was historic, Tuesday’s session might see some profit booking and sideways movement due to:

• Gift Nifty’s negative bias
• Already priced-in positive cues
• Awaiting fresh domestic triggers

However, the underlying tone remains positive, driven by improving geopolitical stability, strong global cues, and expectations of economic resilience.