Pre-market
12 NOV 2026 · 08:01 IST
Nifty 50 opens from 25,255.05 after a 0.84% gain
Where the benchmarks left off before today's session. Levels and sector moves from the last close are shown below.
Nifty 50
25,255.05
+0.84%
Close, 12 NOV 2026
Bank Nifty
60,792.4
+1.76%
Close, 12 NOV 2026
Sensex
81,879.4
+0.95%
Close, 12 NOV 2026
The session
Where the market stands
The Nifty 50 goes into the session after a 0.84% gain in the previous one. The Nifty 50 is 4.1% below its 52-week high.
Foreign institutions were net buyers of ₹12,563 crore in the cash market on 11 November, and domestic institutions net sellers of ₹8,435 crore. Foreign buying met domestic selling, a turn worth watching after the long run of the opposite pattern. Over the last 5 sessions foreign institutions were net buyers of ₹48,500 crore.
Key drivers
Market breadth
23 of 25 sectors advanced. The move was broad, with gains spread across most of the market rather than concentrated in a few sectors. Banks led and Textiles lagged, a spread of 2.5 points between the two ends of the market.
Currency, commodities & rates
Currency, commodities and rates
- USD/INR: 93.68, rupee firmer by 0.28% on the session
- India VIX: 17.56 (+0.8%)
- Gold (rupee terms): -1.33% on the session, -0.9% over five sessions
Key drivers
Markets
- Nifty Bank index rallies 4% in two days, nears record high; here's why. Bank of Baroda and Punjab National Bank were up 5% each, while Federal Bank, IDFC First Bank and AU Small Finance Bank gained 4% each in Wednesday's trading session. (Business Standard Mkts)
- Stock Market LIVE: IndiGo, M&M lead 1,100-pt surge in Sensex, Nifty PSU Bank up 2% as SBI, BoB lead. Sensex Today Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.68 per cent and 1.32 per cent, respectively (Business Standard Mkts)
- Railway stocks on fast track! RVNL, IRFC jump up to 10% amid Sensex, Nifty rise | What's behind momentum? Key levels. RVNL and IRFC shares rose as much as 10% amid a broader market rebound and renewed interest in railway stocks. Sentiment was buoyed by Japan’s first order for India-made train propulsion systems and expectations for infrastructure investment. (LiveMint Markets)
- Stock Market LIVE: Sensex jumps 1,200 pts; Kalyan Jewellers, RVNL shares lead MidCap gains. Sensex Today Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.68 per cent and 1.32 per cent, respectively (Business Standard Mkts)
Read more Nifty Bank index rallies 4% in two days, nears record high; here's why · Stock Market LIVE: IndiGo, M&M lead 1,100-pt surge in Sensex, Nifty PSU Bank up 2% as SBI, BoB lead · Railway stocks on fast track! RVNL, IRFC jump up to 10% amid Sensex, Nifty rise | What's behind momentum? Key levels · Stock Market LIVE: Sensex jumps 1,200 pts; Kalyan Jewellers, RVNL shares lead MidCap gains
Economy & policy
Economy and policy
- India's GDP growth to beat RBI forecast? SBI sees 7.8% expansion in Q2; Moody's raises FY27 outlook. According to SBI Research, India's economic activity remained robust during July–September 2026, supported by manufacturing, services, corporate profitability and accelerating bank credit. (Business Today Mkts)
- 'RBI may struggle to meet 4% inflation target': Economist flags fastest money, credit growth since 2012-13. I worry we are underestimating the risk of persistent inflation while focusing our policy efforts on pushing the rupee higher, says ISB professor Prasanna Tantri (Business Today Mkts)
- India bonds slip as Treasury rout offsets oil slide. Indian government bonds declined on Wednesday as a sharp rise in US Treasury yields, triggered by hotter-than-expected inflation and hawkish signals from policymakers, overshadowed relief from lower crude oil prices. (Economic Times Markets)
- Moody's Hikes India's FY27 GDP Growth Estimate To 7% On Investment, Consumption Dynamics. In its Global Macro Outlook 2027-28, Moody's, however, said that near-term risks to growth persist as household consumption remains vulnerable to "intensifying and broadening price pressures", with headline inflation close to the upper end of the RBI's… (NDTV Profit)
Read more India's GDP growth to beat RBI forecast? SBI sees 7.8% expansion in Q2; Moody's raises FY27 outlook · 'RBI may struggle to meet 4% inflation target': Economist flags fastest money, credit growth since 2012-13 · India bonds slip as Treasury rout offsets oil slide · Moody's Hikes India's FY27 GDP Growth Estimate To 7% On Investment, Consumption Dynamics
Companies
- Q2 Results Live: Cupid's Revenue More Than Doubles; Tata Power Profit Up 49% On One Time Gain; Garden Reach Profit Rises 12%. The September-quarter earnings season continues with results due from Tata Power, Garden Reach Shipbuilders & Engineers, Hindustan Copper, Triveni Turbine, Power Mech Projects and other companies. (NDTV Profit)
- At new highs! Eternal, Groww, Adani Ports, Ather, 16 more NSE 500 stocks. Engineers India, Indian Hotels Company, Marico, Navin Fluorine International, Asahi India Glass and Phoenix Mills from the Nifty 500 index also hit new life-time highs on Wednesday. (Business Standard Mkts)
- Rupee at 92 or 100 per dollar? GTRI and Axis Bank differ on how long India's currency rally can last. The rupee's recent recovery has produced contrasting forecasts, with GTRI expecting the currency to strengthen towards ₹92–93 per dollar while Axis Bank Research predicts a decline to ₹100 by June 2027. (Business Today Mkts)
- Punjab National Bank share price soars 11% in two 2 days; hits 52-week high. Share price of Punjab National Bank hit a 52-week high of ₹139, rallying 5% on the BSE in Wednesday's intraday deals amid heavy volume. (Business Standard Mkts)
Read more Q2 Results Live: Cupid's Revenue More Than Doubles; Tata Power Profit Up 49% On One Time Gain; Garden Reach Profit Rises 12% · At new highs! Eternal, Groww, Adani Ports, Ather, 16 more NSE 500 stocks · Rupee at 92 or 100 per dollar? GTRI and Axis Bank differ on how long India's currency rally can last · Punjab National Bank share price soars 11% in two 2 days; hits 52-week high
Companies
New issues
- Anthropic’s IPO is said to be multiple times oversubscribed. Anthropic PBC is witnessing an overwhelming response for its initial public offering, potentially accumulating up to $90.4 billion. This bullish sentiment reflects a staggering anticipated market valuation of around $1.4 trillion. (Economic Times Markets)
- Eternal's IPO investors sitting on 375% gains as stock hits new record high; from ₹76 price to ₹361, what changed?. Eternal shares hit a record ₹372 on Wednesday before closing 1% lower at ₹361. The stock has gained 30% so far this year and rebounded 71% from its March low, supported by improving profitability and growth in Blinkit. (LiveMint Markets)
- Moneyview shares are up 58% from IPO price, jump 4% today after BofA coverage - what it said, check price target. Moneyview shares rose about 4% after BofA initiated coverage with a Neutral rating and a ₹65 price target, implying roughly 18% upside from its reference price. (LiveMint Markets)
- FIIs invest $22 billion in IPOs, dump $50 billion in listed stocks: Why the sharp contrast?. Foreign investors invested $22 billion in India's primary market but withdrew $50 billion from listed stocks over two years, Motilal Oswal reported. (Business Today Mkts)
Read more Anthropic’s IPO is said to be multiple times oversubscribed · Eternal's IPO investors sitting on 375% gains as stock hits new record high; from ₹76 price to ₹361, what changed? · Moneyview shares are up 58% from IPO price, jump 4% today after BofA coverage - what it said, check price target · FIIs invest $22 billion in IPOs, dump $50 billion in listed stocks: Why the sharp contrast?
Currency, commodities & rates
World
- Anthropic IPO oversubscribed multiple times amid strong investor demand; Nasdaq surges 400 pts: Stock Market Live Updates. (Economic Times Markets)
- US Treasury rout hands India's 10-year bond its worst day in a month. On Wednesday, the Indian rupee gained strength against the dollar, reaching its highest point since April. This improvement was influenced by foreign investments in local stocks and upbeat sentiment in the non-deliverable forward market. (Economic Times Markets)
- India–EU FTA's €119 billion trade promise: Could Europe's fiscal troubles threaten Indian exporters?. The India–EU FTA could unlock €119 billion in additional trade by 2035, but widening fiscal deficits in France, Germany and Italy may pose risks to European demand. Could economic uncertainty threaten the projected €48-billion boost to Indian exports? (Business Today Mkts)
- M&A opportunities existfor Indian firms in Europe: Citi's Viswas Raghavan. Citi's Vis Raghavan says India must become an AI-native nation, while highlighting strong pipelines for IPOs, M&As and cross-border deals amid growing global uncertainties. (BS Companies)
Read more Anthropic IPO oversubscribed multiple times amid strong investor demand; Nasdaq surges 400 pts: Stock Market Live Updates · US Treasury rout hands India's 10-year bond its worst day in a month · India–EU FTA's €119 billion trade promise: Could Europe's fiscal troubles threaten Indian exporters? · M&A opportunities existfor Indian firms in Europe: Citi's Viswas Raghavan
What matters next
Today's Indian trading session is the one this report looks ahead to.
On the calendar: Railway stocks on fast track! RVNL, IRFC jump up to 10% amid Sensex, Nifty rise | What's behind momentum? Key levels; These 12 midcap stocks rally up to 30% in just one month; Bright Outdoor Media moves to BSE, NSE main boards, eyes expansion.
Market internals
Advances and declines
of 25 sectors
Broad: most sectors rose.
52-week position
Where each close sits between its own year’s low and high.