Nifty 50 opens from 25,299.35 after a 0.18% gain

The session

Where the market stands

Key drivers

Market breadth

Currency, commodities & rates

Currency, commodities and rates

• USD/INR: 94.04, rupee weaker by 0.12% on the session
• India VIX: 16.62 (-5.4%)
• Gold (rupee terms): -2.25% on the session, -4.6% over five sessions

Key drivers

Markets

• Realty index surges 4%; Oberoi, Sobha, Lodha up 5%; DLF nears 52-week high. Thus far in November 2026, the Nifty Realty index outperformed the market by soaring 14%, against a 9.6% rally in the Nifty 50. (Business Standard Mkts)
• FIIs are back! Jefferies lists 11 stocks that can be the biggest beneficiaries. In November, foreign institutional investors unexpectedly shifted to become net buyers of Indian equities, indicating a noteworthy change in market dynamics. (Economic Times Markets)
• Stock Market Today: Sensex Gains Over 100 Points, Nifty 50 Above 25,250; HDFC Life, Bajaj Twins, Shriram Finance Lead. Among sectors, Nifty IT, Nifty Pharma, Nifty FMCG, Nifty Auto and Nifty Oil & Gas indices suffered losses, while gains were seen in Nifty Realty, Nifty PSU Bank, Nifty Media and Nifty Metal indices. (NDTV Profit)
• India reclaims fifth spot in global market cap rankings as FII inflows rise, Brent crude falls. India replaced Taiwan as the fifth largest global market with the country's market cap rising to Rs 511 lakh crore or $5.45 trillion surpassing Taiwan's market cap of $4.36 trillion. (Business Today Mkts)

Read more Realty index surges 4%; Oberoi, Sobha, Lodha up 5%; DLF nears 52-week high · FIIs are back! Jefferies lists 11 stocks that can be the biggest beneficiaries · Stock Market Today: Sensex Gains Over 100 Points, Nifty 50 Above 25,250; HDFC Life, Bajaj Twins, Shriram Finance Lead · India reclaims fifth spot in global market cap rankings as FII inflows rise, Brent crude falls

Economy & policy

Economy and policy

• October retail inflation surge may weigh on housing demand, raise rate hike concerns: Knight Frank, PHDCCI. Rising retail inflation could weaken household purchasing power and constrain discretionary spending, including housing expenditure, while increasing the possibility of further monetary tightening by the Reserve Bank of India (RBI), industry bodies said on… (Economic Times Markets)
• Retail inflation hits two-year high of 6.09% in October, breaches RBI's 6% limit; December rate hike likely. India's retail inflation surged to a two-year high of 6.09% in October, breaching the RBI's 6% upper tolerance limit as food prices climbed sharply. Economists now expect another 25-basis-point rate hike in December amid broadening inflationary pressures. (Business Today Mkts)
• India bonds track Treasury weakness ahead of debt supply. Indian government bonds are currently facing losses as traders brace for an influx of debt supply and mounting inflation pressures. (Economic Times Markets)
• Retail Inflation Crosses RBI Red Line: October CPI Hits 6.09%, Highest Under New Series. Inflation has now risen every single month in 2026, climbing steadily from 2.74% in January, a ninth straight monthly increase under the new series. (NDTV Profit)

Read more October retail inflation surge may weigh on housing demand, raise rate hike concerns: Knight Frank, PHDCCI · Retail inflation hits two-year high of 6.09% in October, breaches RBI's 6% limit; December rate hike likely · India bonds track Treasury weakness ahead of debt supply · Retail Inflation Crosses RBI Red Line: October CPI Hits 6.09%, Highest Under New Series

Companies

• Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out. Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The company will repurchase up to 6.59 crore shares through the tender offer route, with November 25 fixed as the record date. (Economic Times Markets)
• ICICI Life, HDFC Life rally up to 5%; what's driving insurance stocks?. Life insurers' new business premium (NBP) grew 26.2% YoY in October 2026, supported by strong premium mobilisation by both state-owned LIC and private players. (Business Standard Mkts)
• Gabriel India hits 20% upper circuit on huge volume; up 112% from March low. Gabriel India stock: The average trading volume at the counter jumped over 20-fold with a combined 8.02 million shares changing hands on the NSE and BSE on Thursday. (Business Standard Mkts)
• Adani Group Stocks Surge Up To 2%; Adani Enterprises, APSEZ Lead Rally. Other stocks such as Adani Enterprises, Adani Ports and Special Economic Zone Ltd., Adani Solutions Ltd., and Adani Green Energy Ltd. also jumped 1.61%, 1.49%, 1.6% and 1.76% respectively. (NDTV Profit)

Read more Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out · ICICI Life, HDFC Life rally up to 5%; what's driving insurance stocks? · Gabriel India hits 20% upper circuit on huge volume; up 112% from March low · Adani Group Stocks Surge Up To 2%; Adani Enterprises, APSEZ Lead Rally

Companies

New issues

• India's Next Billion-Dollar IPO? Coal India subsidiary Mahanadi Coalfields in line after Jio, NSE - key things to know. Coal India subsidiary Mahanadi Coalfields is preparing for a potential IPO of up to $1 billion, with Sebi observations received on November 4. (LiveMint Markets)
• From SpaceX to Anthropic, markets have a new playbook for mega-share debuts. Anthropic is gearing up for its highly anticipated IPO, aiming to raise as much as $64.4 billion with share prices ranging from $70 to $78. (Economic Times Markets)
• 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)
• Paytm shares at ₹1,925, close in on IPO listing-day high after 100% rally from March lows. What led a recovery?. Paytm shares rose 7.3% to ₹1,925, their highest close since listing in 2021, amid optimism that merchant discount rate charges could lift margins. The company reported September-quarter profit of ₹226 crore, while mutual fund ownership reached a record 21.17%. (LiveMint Markets)

Read more India's Next Billion-Dollar IPO? Coal India subsidiary Mahanadi Coalfields in line after Jio, NSE - key things to know · From SpaceX to Anthropic, markets have a new playbook for mega-share debuts · Anthropic’s IPO is said to be multiple times oversubscribed · Paytm shares at ₹1,925, close in on IPO listing-day high after 100% rally from March lows. What led a recovery?

Currency, commodities & rates

World

• Anthropic IPO draws multiple times the available orders: Why Wall Street sees it as a test of the AI boom. Anthropic's proposed $90.4 billion IPO has attracted several times the available share orders, potentially making it the world's biggest listing. Wall Street sees the debut as a crucial test of investor confidence in the AI boom and valuations. (LiveMint Companies)
• 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 draws multiple times the available orders: Why Wall Street sees it as a test of the AI boom · 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