First Trade: Indian equities open weak; Sensex lower by 30 pts; Delhivery up over 5%

Indian stock market today: Indian equities after strong gains in the previous week start on a weak note amid weak global cues. In early trade, the Sensex fell 155 points, or 0.19 per cent, to  82,175. The NSE Nifty50, meanwhile, was around the 25,000-mark at 24,997, down 22.15 points or 0.09 per cent. 

Sectoral trend:

Amid a volatility spike, only IT and oil & gas stocks traded with pressure, while all other indices gained ground. Realty, Consumer Durables, Pharma and Auto pack led the gains.

Stocks in news today:

Results: 

NIFTY: BEL (post-market), Power Grid (post-market) 

Futures and Options: Petronet LNG (post-market), PI Ind (Post- market), DLF (post-market), IRB infra (Variable) 
 
Sun Pharma Advanced Research: Board Meeting to consider results and fundraise 

Zydus Wellness: Board Meet to consider stock split and results 
 
Suven Pharma: To change name to Cohance Lifesciences 
 
Vodafone Idea: Hearing with SC for company seeking waiver on 30000cr AGR dues to be held today.  
 
Banking stocks: 4th tranche of OMO worth 25,000 cr to be held (Total OMO Size: 1.25 lakh crore).

Delhivery: Delhivery posted strong Q4 earnings, with the turnaround from loss to profit and strong operational show in Q4.

Asian markets: 

Asian markets in Monday's trade (May 19, 2025) traded soft with only Jakarta Composite trading in the green. The key MSCI Asia ex Japan index traded down by 0.47 per cent. Amid rising debt, the rating agency Moody's has downgraded the soverign credit rating on US from Aaa to Aa1- bringing the rating one notch lower. The rating has been lowered amid US debt which has risen to $36 trillion debt pile, which could be further increased by Trump’s plans to cut taxes.  The rating has been lowered amid US debt which has risen to $36 trillion debt pile, which could be further increased by Trump’s plans to cut taxes.