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Stock Market Live Updates | Gift Nifty Hints at a Steady Market Open

Synopsis:


Stay updated with the newest insights on the Indian stock market, global trends, and industry news. We've gathered all the essential information you need to make informed decisions, presented in a clear and easy-to-read blog tailored for you.


 1:30 PM IST

Stock Market LIVE Update | Sensex rises over 250 points | Nifty moves above 25,950

The Sensex gained over 250 points, and the Nifty moved past 25,950 in early trade. Paras Defence and Space Technologies secured an order worth ₹7,168 lakhs, though its stock traded lower. Top gainers included Narayana Hrudayalaya, GE Power India, Elgi Equipments, DCB Bank, and Alembic Pharmaceuticals. Japan’s Nikkei slipped 0.1 percent as tourism-related stocks weakened after China issued a travel advisory. Fast Retailing dragged the index, while Sumitomo Mitsui Financial Group advanced following strong quarterly earnings.


 12:40 PM IST

Stock Market LIVE Update | Sensex rises over 200 points | Nifty moves above 25,950

The Sensex gained over 200 points and the Nifty moved past 25,950 in early trade. Groww’s market cap crossed ₹1 lakh crore as the stock jumped 13 percent. Billionbrains Garage Ventures and GMR Power and Urban Infra traded higher after fresh developments. NBCC secured an order worth ₹498 crore. India announced a deal to source nearly 10 percent of its LPG imports from the United States. Australian markets ended flat, while New Zealand’s benchmark closed slightly higher.


 11:20 AM IST

Stock Market LIVE Update | Sensex rises over 150 points | Nifty moves above 25,950

The Sensex gained over 150 points, while the Nifty moved past 25,950 in early trade. Anant Raj shares advanced around 4 percent after the company announced a 4,500-crore investment proposal in Andhra Pradesh. Vipul Organics posted its Q2 FY26 results, reporting slight revenue growth and notable increases in PBT, PAT and EPS. Among the key movers, Vodafone Idea, YES Bank, Canara Bank, IDFC First Bank, Bank of Maharashtra and IDBI Bank witnessed mixed trends, while Tata Motors Passenger Vehicles declined.


 9:00 AM IST

Stock Market LIVE Update | Sensex rises over 100 points | Nifty moves above 25,900

Equity benchmarks opened firm, with the Sensex gaining more than 100 points and the Nifty crossing 25,900. TMPV slipped 6 percent, while Kotak Bank inched up 1 percent. The rupee weakened by 6 paise to 88.72 against the US dollar in early trade. The Reserve Bank of India’s decision to allow a moratorium on loan repayments is seen as a pre-emptive measure to ease pressure on exporters adapting to shifting global conditions. Corporate India’s Q2 net profit growth returned to double digits.

Source: Bajaj Broking Research Desk. 

GIFT NIFTY: Gift Nifty suggests a Flat to positive start to the Indian market. Nifty spot in today's session is likely to trade in the range of 25,700-26,100.

INDIA VIX: 11.94 | -0.23 (1.85%) ↓ today

In-Depth Market Insights: Global Outlook, Derivatives & More

Other Asset Classes

  1. Treasury Yield:

    • The U.S. 10-year Treasury yield edged up to 4.146%, while the 2-year yield—more sensitive to Fed expectations—rose to 3.61%.

  2. Currency:

    • The dollar index inched up 0.02% to 99.36.

  3. Commodities:

    • Gold prices retreated after hawkish comments from Fed officials, with spot gold slipping 2.12% to $4,082.76 an ounce.

    • U.S. crude rose 2.39% ($1.40) to settle at $60.09 a barrel, while Brent gained 2.19% ($1.38) to close at $64.39.

Asian Markets

  1. General Trends:

    • Asia-Pacific markets were mixed in the early morning as investors awaited a series of key regional economic data releases.

  2. Sector-Specific Indicator: 

    • Japan’s Nikkei 225 fell 0.63% after the economy contracted by a smaller-than-expected 0.4% in the September quarter. The Topix also declined, slipping 0.44%.

    • South Korea’s Kospi surged 1.78%, and the Kosdaq gained 0.68%.

    • Hang Seng index futures were at 26,500, a touch below the previous close of 26,572.46.

    • Australia’s S&P/ASX 200 slipped 0.26%.

India Market Outlook

  1. Market in the Previous Session:

    • The indices remained under pressure for most of the session on 14th Nov, oscillating between losses and brief recoveries, before a strong late-afternoon rebound pushed them into the green.

    • At close, the Sensex ended 84 points or 0.1 percent higher at 84,563, while the Nifty finished 31 points up at 25,910.

    • Sectoral trends were mixed, with PSU banks leading gains at 1.17 percent, followed by firm moves in pharma and FMCG. Energy and infrastructure saw mild upticks. On the downside, IT declined 1.03 percent, while auto, metal, and realty ended lower.

    • Amongst the broader market space, Nifty Small-cap 100 rose 0.38 percent, while the Midcap 100 gained 0.08 percent. 

TRADE SETUP FOR NOV 17

  1. Nifty Short-Term Outlook:

    • Nifty formed a bullish candle on the daily chart, indicating consolidation with a positive bias despite higher volatility on Bihar election results.

    • Ahead, the outlook stays positive. A sustained move above last month’s high of 26,100 could push the index toward the previous all-time high of 26,277 next week.

    • If Nifty struggles to stay above 26,100, it may consolidate between 26,100 and 25,700 after its sharp 700-point rally over the past few sessions.

    • Key short-term support lies at 25,500–25,300, where the 50-day EMA, a major breakout zone, and key retracement levels all align.

  2. Intraday Levels:

    • Nifty: Intraday resistance is at 26,010, followed by 26,100 levels. Conversely, downside support is located at 25,820, followed by 25,700.

    • Bank Nifty: Intraday resistance is positioned at 58,770, followed by 59,000, while downside support is found at 58,270, followed by 58,050.

Derivative Market Analysis

  1. Nifty:

    • The major Call OI is concentrated at the 27,000 strike, while immediate call writers remain active at 26,000, making it the resistance level.

    • On the downside, the highest Put writing is seen at 25,000, whereas immediate put writers are active in the 25,700–25,800 zone, which will act as a strong support band.

    • Based on the option chain setup, the near-term range for Nifty lies between 25,700 and 26,000. A breakout on either side of this band is likely to trigger a directional move.

    • The Put–Call Ratio (PCR) has declined by 0.18 and is positioned at  0.92.

  2. Bank Nifty:

    • Significant accumulation of both Call and Put OI is observed at the 58,500 strike, making it the key pivot level for the day.

    • Bank Nifty futures are currently trading above 58,500, suggesting that call writers at this strike may be trapped, and any unwinding from their end could fuel a short-covering rally.

    • Conversely, a breach and sustained move below 58,500 may invite further downside pressure.

    • According to the option chain, the broader trading range for Bank Nifty is 58,000-59,000.

    • The PCR for Bank Nifty has dipped slightly by 0.01 to 0.97.

US Share Market News

  1. Performance Overview:

    • Wall Street closed mixed on Friday as investors awaited Nvidia’s quarterly results this week and grew concerned that the Federal Reserve may delay a December rate cut.

  2. Sector-specific indicator: 

    • On Wall Street, the Dow fell 309.74 points (0.65%) to 47,147.48 but still managed a 0.3% gain for the week. The S&P 500 slipped 3.38 points (0.05%) to 6,734.11, ending the week up 0.1%. The Nasdaq rose 30.23 points (0.13%) to 22,900.59, though it posted a weekly loss of about 0.5%.

  3. Economic indicator: 

    • In recent days, investors have grown uneasy about the slower pace of rate cuts and the high valuations of major AI stocks that have driven much of the market’s gains in recent years.

    • Expectations for a December Fed rate cut have weakened as inflation remains sticky, partly due to Trump’s global tariffs. The odds of a 25 bps cut have dropped to below 50%, down from 67% last week.

Stay on top of the latest market news with Bajaj Broking’s insights. Our point-to-point analysis digs deep into the surface, empowering you with a unique perspective on domestic and global stock market events. Get all the current share market news, including US share market updates and the trade set up for today, in one place to make informed investment decisions.

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