The Indian stock market is bracing for a potentially volatile session on Friday, November 14, 2025, influenced by a confluence of global and domestic factors. Here are eight key elements that have shifted the market landscape overnight:
1. Gift Nifty Signals Weak Opening:
Gift Nifty was trading around the 25,848 level, which is a discount of nearly 106 points from the Nifty futures' previous close. This indicates a likely negative start for Indian stock market indices.
2. US Market Sell-Off:
US stocks experienced a sharp decline on Thursday, driven by investors scaling back expectations of interest rate cuts due to persistent inflation concerns. The Dow Jones Industrial Average fell by 1.65% to 47,457.22, the S&P 500 dropped 1.66% to 6,737.49, and the Nasdaq Composite closed 2.29% lower at 22,870.36. Technology stocks were particularly hard hit, with Nvidia, Tesla, Broadcom, AMD, Microsoft, and Oracle all posting significant losses.
3. Asian Markets Follow Suit:
Tracking the overnight losses on Wall Street, Asian markets also traded lower on Friday, with technology stocks bearing the brunt of the sell-off. Japan's Nikkei 225 declined 1.31%, while the Topix fell 1.03%. South Korea's Kospi slipped 2.51% and the Kosdaq dropped 1.42%.
4. Flat Close on Thursday:
On Thursday, the Indian stock market ended flat due to profit booking at higher levels. The Sensex gained a mere 12.16 points, or 0.01%, to close at 84,478.67, while the Nifty 50 settled 3.35 points, or 0.01%, higher at 25,879.15.
5. Bihar Election Results:
The market is expected to remain volatile ahead of the Bihar assembly results, which are scheduled to be declared today. Exit polls have suggested a strong comeback for the NDA, but the actual results could sway investor sentiment.
6. Technical Analysis:
According to Religare Broking Ltd, some consolidation cannot be ruled out after the recent rally. However, the overall undertone remains constructive, supported by resilience in key sectors such as banking and IT. They advise traders to adopt a stock-specific approach, focusing on sectoral outperformers like banking, auto, and metals, while maintaining a disciplined risk management strategy amid potential volatility.
7. Global Cues:
Key global market cues for the Sensex today include the performance of Asian markets, US jobless claims, US Federal Reserve policies, gold prices, and the strength of the dollar.
8. Domestic Institutional Investor Support:
Despite the selling pressure from foreign institutional investors, domestic institutional investors have been sustaining their buying spree, which could provide some support to the market.
In conclusion, the Indian stock market is facing a challenging environment with negative cues from global markets and uncertainty surrounding the Bihar election results. Investors are advised to remain cautious and adopt a selective approach, focusing on fundamentally strong stocks and sectors.
