Indian equity markets are expected to start on a positive note on Wednesday, November 12, 2025, influenced by global cues and growing optimism surrounding US-India trade discussions.
Market Performance on November 11, 2025:
On Tuesday, November 11, the Nifty 50 index closed 0.5% higher at 25,695, a gain of 120 points, recovering from early losses. The Sensex also advanced by 336 points (≈0.40%) to reach 83,871.32. This rebound was supported by positive cues from global markets and renewed investor confidence, particularly regarding potential US-India trade agreements.
However, broader market indices presented a mixed picture. The Nifty Midcap 100 rose by 0.5%, while the Nifty Smallcap 100 experienced a slight decline of 0.2%, indicating selective buying across different market segments. Market breadth was negative, with 1,777 stocks advancing and 2,047 declining.
Key Factors Influencing Market Sentiment:
- US-India Trade Talks: Positive statements from the U.S. President about reaching a "fair" trade agreement with India have boosted market confidence, especially for export-oriented sectors.
- Global Cues: Positive momentum in European markets, such as the FTSE 100 and CAC 40, may provide support to the overall market sentiment, particularly in large-cap and cyclical sectors.
- FII and DII Activity: Continuous Foreign Institutional Investor (FII) outflows could limit the upside potential. However, steady Domestic Institutional Investor (DII) buying is likely to provide a cushion for the market, helping to keep volatility in check. On November 11, 2025, FIIs net sold ₹803.20 crore, while DIIs net purchased ₹2,188.50 crore worth of shares.
Technical Outlook:
According to Bajaj Broking, the Nifty formed a sizable bullish candle on Tuesday, indicating sustained buying interest. The brokerage expects the index to maintain a positive bias, targeting immediate resistance at 25,850 and eventually the 52-week high of 26,100. The downside support zone is expected to hold at 25,400-25,200.
Immediate support for Nifty has moved up to around 25,500, with a deeper cushion near 25,450. Resistance is seen in the 25,700–25,820 range, and a decisive close above 25,820 could signal a resumption of the uptrend, potentially opening the door to the 26,000–26,300 range.
The Bank Nifty also showed strength, forming a bullish candle, suggesting sustained buying demand. The index is expected to maintain a positive bias, potentially moving towards its all-time high and the upper band of its recent consolidation zone around 58,577.
Trading Strategy:
Given the expected positive bias, traders are advised to monitor for profit-taking opportunities near resistance levels. A fall below 25,350 on the Nifty may negate the current recovery trend, warranting caution.
Stocks to Watch:
Several companies are scheduled to report their quarterly results, including Bajaj Finserv, Rail Vikas Nigam, BSE, Bharat Forge, and Tata Power. Their earnings and management commentary could induce volatility in their respective stocks. Vodafone Idea may also remain active following its Q2 net loss narrowing, with significant trading volume observed.
Global Market Cues:
The GIFT Nifty is trading higher, around 25,980, suggesting a positive opening for the Indian market. US equity benchmarks also surged on Tuesday. The Dow Jones Industrial Average rose 1.18% to close at 47,927.96, and the S&P 500 increased by 0.21% to finish at 6,846.61. However, the Nasdaq Composite experienced a slight loss of 0.25%, settling at 23,468.30. Asian markets opened higher, mirroring gains on Wall Street.
