Indian equity markets maintained their momentum in the previous session, with the Nifty 50 closing at 25,299.35, marking a 20-session high. Sustained buying interest from foreign institutional investors continues to provide a floor for the indices, even as domestic inflation data signals a shift in the macroeconomic landscape. The market’s ability to hold these levels, despite a surge in retail inflation, suggests a resilient appetite among market participants for equities, particularly in the banking and financial sectors.

The 60-Second Version

  • The Nifty 50 ended the session at 25,299.35, recording a gain of +0.18%.
  • Foreign institutional investors (FIIs) remained net buyers, injecting significant liquidity into the market over the last three sessions.
  • Retail inflation surged to 6.09% in October, breaching the Reserve Bank of India’s upper tolerance band for the first time in two years.
  • Today, 18 Nifty 500 companies are scheduled to report their quarterly results, including Eicher Motors and Deepak Fertilisers.
  • The Indian Rupee weakened against the US dollar, closing at 94.12.

Market Snapshot

The benchmark indices showed resilience during Thursday’s session, with the Nifty 50, Bank Nifty, and Nifty Midcap all closing in the green. The India VIX, which measures market volatility, continues to be a key monitor as traders digest the latest inflation figures. The Nifty 50 has now posted gains for three consecutive sessions, reflecting a strong short-term trend that has pushed the index to its 20-session high.

Index closing levels, previous session, 12 November 2026
IndexCloseChangeChange %
NIFTY Midcap 10062,039.00+519.90+0.85%
Nifty Bank61,518.50+726.10+1.19%
Nifty 5025,299.35+44.30+0.18%

Nifty 50: the bigger picture

Nifty 50 over recent sessions, to 12 Nov
MeasureValue
Last 5 sessions+3.11%
Last 20 sessions+11.83%
20-session high25,299.35
20-session low22,600.00
Below the 20-session highAt the high
Current run3 sessions up in a row

Where the Money is Flowing

Foreign institutional investors have been the primary drivers of the recent rally. Their consistent buying has acted as a counterbalance to domestic institutional investors, who have been net sellers in recent sessions. This rotation suggests that while domestic funds are booking profits, the liquidity provided by foreign entities is sufficient to maintain the upward trajectory of the major indices.

FII and DII net flows, ₹ crore (positive is net buying)
SessionFII netDII net
12 Nov+7,831−6,331
11 Nov+12,563−8,435
9 Nov+7,212−7,173
Last 3 sessions+27,606−21,938

Sectors and Movers

The real estate sector led the gains in the previous session, with the Nifty Realty index surging +4.51%. Banking and financial services also saw healthy participation, helping offset losses in the FMCG and auto sectors. Stocks like HDFC Life and Shriram Finance were among the top performers, while oil exploration and consumer goods companies faced selling pressure.

Sector indices, 12 November 2026, best first
Sector indexChange %
Nifty Realty+4.51%
Nifty PSU Bank+1.51%
Nifty Financial Services+1.42%
Nifty Pharma−0.35%
Nifty IT−0.41%
Nifty FMCG−0.74%
Nifty Auto−1.02%
Top gainers
StockPriceChange %
HDFC Life Insurance Company Ltd.₹597.8+4.23%
Shriram Finance Ltd.₹1,003.8+3.58%
Bajaj Finance Ltd.₹1,115+3.36%
SBI Life Insurance Company Ltd.₹1,819.5+2.97%
State Bank Of India₹1,086.5+2.38%
Top losers
StockPriceChange %
Oil & Natural Gas Corporation Ltd.₹224.5−4.39%
Hindustan Unilever Ltd.₹1,974−2.39%
Nestle India Ltd.₹1,260.9−2.10%
Mahindra & Mahindra Ltd.₹3,399−1.90%
Power Grid Corporation Of India Ltd.₹259.45−1.63%

The World and the Economy

Macroeconomic concerns took center stage as retail inflation reached 6.09% in October, exceeding the Reserve Bank of India’s 6% upper tolerance limit. This development comes alongside a weakening rupee, which closed at 94.12. Globally, Asian markets traded mostly lower as investors reacted to reports of potential leadership changes at major semiconductor firms and ongoing concerns regarding AI sector valuations. The interplay between domestic inflation and global sentiment remains the primary narrative for the coming sessions.

Companies, Results and IPOs

  • Hindustan Aeronautics reported a 16% rise in consolidated net profit for the second quarter, with total income climbing 14.44% to ₹8,601.55 crore.
  • E2E Networks announced an expansion of its data center capacity by 12.8 MW, marking an 88% increase over its existing infrastructure.
  • Praruh Technologies secured a new order worth ₹7.80 crore from the Delhi Metro Rail Corporation, to be executed within six months.
  • Fino Payments Bank received regulatory approval from the Reserve Bank of India for the appointment of its new Managing Director and CEO.

Today on the Calendar

Investors are tracking a busy day for corporate actions and results. Eighteen Nifty 500 companies are holding board meetings today to discuss financial results, including Black Box Ltd., Belrise Industries Ltd., Deepak Fertilisers And Petrochemicals Corporation Ltd., Eicher Motors Ltd., E.I.D. – Parry (India) Ltd., Gillette India Ltd., Godrej Industries Ltd., and Godawari Power And Ispat Ltd.

Several companies are trading ex-dividend today, including Aptus Value Housing Finance India Ltd. (₹2), Astral Ltd. (₹1.5), Computer Age Management Services Ltd. (₹3.25), Emami Ltd. (₹5), and The Great Eastern Shipping Company Ltd. (₹14.4).

On the calendar today, Friday, 13 November

Results due on Friday, 13 November (12 of 18 shown)
CompanyAlso considering a dividend
Black Box Ltd.—
Belrise Industries Ltd.—
Deepak Fertilisers And Petrochemicals Corporation Ltd.—
Eicher Motors Ltd.—
E.I.D. – Parry (India) Ltd.—
Gillette India Ltd.—
Godrej Industries Ltd.—
Godawari Power And Ispat Ltd.—
Grasim Industries Ltd.—
Inox Wind Ltd.—
ITI Ltd.—
Jupiter Wagons Ltd.—
Trading ex-date
CompanyEventDetail
Aptus Value Housing Finance India Ltd.dividend₹2 per share
Astral Ltd.dividend₹1.5 per share
Computer Age Management Services Ltd.dividend₹3.25 per share
Emami Ltd.dividend₹5 per share
The Great Eastern Shipping Company Ltd.dividend₹14.4 per share

The breach of the 6% inflation threshold marks a critical shift in the domestic macro narrative, likely to heighten scrutiny of the Reserve Bank of India’s upcoming policy commentary.

Nifty 50
25,299.35
+0.18% · +44.30 pts
Last 5 sessions
+3.11%
Nifty 50 change