The Indian stock market is expected to open lower today, November 7, 2025, following a sell-off in US technology stocks and weakness in global markets. Here's a breakdown of ten key factors influencing the market:

1. Gift Nifty Signals a Gap-Down Start:

• Gift Nifty was trading around the 25,498 level, which is a discount of nearly 129 points from Nifty futures' previous close. This indicates a likely gap-down opening for the Indian stock market indices.
• GIFT Nifty, formerly SGX Nifty, serves as a pre-market indicator for the Nifty 50, with its overnight trading activity providing insights into potential market movements before Indian trading hours.
• The GIFT Nifty provides foreign investors an opportunity to invest in the Indian market without being subject to local capital controls.

2. US Tech Stocks Sell-Off:

• US stock markets closed lower on Thursday, November 6, 2025, weighed down by a sell-off in technology stocks. The Dow Jones Industrial Average declined 0.84%, the S&P 500 dropped 1.12%, and the Nasdaq Composite fell 1.90%.
• Concerns over stretched valuations and economic uncertainty contributed to the decline in US markets.
• The Indian stock market is likely to be impacted by the sell-off in the US Tech Stocks.
• Nvidia's stock price fell 3.65%, and AMD shares also slipped.

3. Infosys Buyback Record Date:

• Infosys, India's second-largest IT company, has announced Friday, November 14, 2025, as the record date for its ₹18,000 crore share buyback.
• The record date will determine the shareholders who are eligible to participate in the buyback.
• Infosys will repurchase up to 10 crore equity shares, representing 2.41% of the total share capital, at ₹1,800 apiece in cash.
• The buyback is being implemented through a tender offer route on stock exchanges and funded from free reserves and securities premium account.
• Shareholders have shown overwhelming support for this initiative with 98.81% votes in favor.

4. Asian Market Trends:

• Asian markets are trading lower, mirroring the overnight decline on Wall Street.
• Japan's Nikkei 225 has tumbled 1.56%, while South Korea's Kospi declined 0.46%.

5. Sensex and Nifty's Previous Day Performance:

• On Thursday, November 6, 2025, the Indian stock market ended lower for the second consecutive session.
• The Sensex declined 148.14 points (0.18%) to close at 83,311.01, while the Nifty 50 settled 87.95 points (0.34%) lower at 25,509.70.

6. Analyst Recommendations:

• Ajit Mishra from Religare Broking Ltd. suggests a stock-specific trading approach, preferring large-cap and larger mid-cap stocks, as broader market underperformance may continue.

7. Global Economic Cues:

• Concerns over mounting economic uncertainty and stretched valuations are weighing on markets.

8. FII and DII Activity:

• On November 4, 2025, Foreign Institutional Investors (FIIs) were net sellers, offloading Indian equities worth ₹1,067.10 crore. However, Domestic Institutional Investors (DIIs) bought equities worth ₹1,202.90 crore, providing some support.

9. Expert Outlooks:

• Morgan Stanley believes the Indian stock market is transitioning to one driven by macros, with stock-picking becoming less important.
• Morgan Stanley's base-case scenario projects the Sensex at 89,000 by June 2026.

10. Key Stocks to Watch:

• Morgan Stanley is overweight on stocks like Maruti Suzuki, Trent, Titan Company, Reliance Industries, and ICICI Bank.
• Grasim Industries is a Nifty 50 laggard after its paints arm CEO resigned.

Investors are advised to remain cautious and focus on stock-specific strategies amid the current market volatility.