On Monday, November 10, equity benchmark indices — Sensex and Nifty 50 — are expected to open flat. Trends on the GIFT Nifty indicate a muted start, with the index trading just 1 point higher at 25,595 around 7:20 AM.
This week, investors are likely to keep a close watch on key market triggers, including the next batch of Q2 earnings, inflation data, IPO activity, gold price movements, foreign investment flows, and updates related to the India-US trade deal, along with other major domestic and global macroeconomic developments.
Lenskart IPO will make its debut on the bourses today, after receiving a strong response to its IPO, which was subscribed over 28 times.
Check the Lenskart Share Price to know the day's gain or loss
The issue witnessed strong demand from institutional investors, with the Qualified Institutional Buyers (QIB) category subscribed 45 times, non-institutional investors 18.23 times, and retail participants 7.54 times. The employee quota also saw full participation, being subscribed to 4.96 times. The shares will be listed on both the BSE and NSE.
In early Asian trade, markets were mostly higher, while US stock futures advanced as optimism grew over a potential agreement among lawmakers to end the historic US government shutdown.
Bajaj Finance, Oil and Natural Gas Corporation, Solar Industries India, Vodafone Idea, Jindal Stainless, Authum Investment & Infrastructure, Housing & Urban Development Corporation, SJVN, KPIT Technologies, Gujarat Gas, Ather Energy, Emami, and KEC International will announce their Q2FY26 earnings on November 10.
On Friday, November 7, Foreign Institutional Investors (FIIs) were net buyers, buying equities worth ₹4,581.34 crore. Domestic Institutional Investors (DIIs) continued their positive stance, buying equities worth ₹6,674.77 crore, marking their seventh consecutive session of net inflows.
On Friday, November 7, Indian equity markets extended losses for the third straight session as profit-booking across major sectors outweighed optimism from strong corporate earnings and expectations of progress in India-US trade discussions. The Nifty 50 slipped 17.40 points, or 0.07%, to 25,492.30, while the Sensex declined 94.73 points, or 0.11%, to 83,216.28. Both indices are currently about 3% below their record highs, and the India VIX rose 1.21%, staying above the 12.5 mark.
Among sectors, 5 of 11 key indices ended higher, led by the Nifty Metal index, which gained 1.41%, and the Nifty PSU Bank index, up 0.87%. On the other hand, Nifty IT and Nifty FMCG declined by 0.62% and 0.49%, respectively. The broader markets showed a mixed trend, with the Nifty Midcap 100 finishing positive while the Nifty Smallcap 100 closed slightly lower.
The US stock market ended Friday on a mixed note as investors weighed concerns over the economic outlook and stretched valuations in technology shares. However, futures inched higher on Monday as reports suggested that lawmakers were close to reaching an agreement to end the prolonged US government shutdown.
The Dow Jones Industrial Average rose 74.80 points (0.16%) to 46,987.10, while the S&P 500 added 8.48 points (0.13%) to close at 6,728.80. The Nasdaq Composite, however, slipped 49.45 points (0.21%) to 23,004.54.
The US Senate is preparing to vote on a measure that would reopen the federal government and end the 40-day shutdown. The proposal, expected to be taken up on Sunday night, combines a short-term funding bill extending through January 2026 with three full-year appropriations measures.
In Asia, Bank of Japan policymakers indicated that the case for raising interest rates is strengthening, emphasising the need to support continued wage growth.
China’s inflation data surprised markets as consumer prices rose 0.2% year-on-year in October after a 0.3% decline in September, while producer prices fell 2.1%, slightly less than expected.
The US dollar stayed firm as a series of weak economic indicators reignited concerns over global growth. The dollar index, which measures the greenback against six major currencies, edged up 0.2% to 99.740.
Gold prices gained as investors assessed the impact of a slowing US economy alongside developments toward resolving the government shutdown. Spot gold rose 0.4% to $4,016.92 per ounce. Despite the uptick, prices remain about 8% below the mid-October peak of over $4,380 per ounce.
Crude oil prices inched higher amid persistent concerns of oversupply and the implications of US sanctions on Russia. Brent crude advanced 0.24% to $63.78 per barrel, while US WTI crude futures rose 0.30% to $59.93 per barrel.
For android only