BSE FMCG

Domestic benchmark indices Nifty 50 and Sensex opened in the green zone on November 10, kicking off the week on a positive note. Investors found optimism from reports suggesting that the longest-ever U.S. Federal Government shutdown may be lifted.

At 09:15 a.m., the <a href="https://www.moneycontrol.com/indian-indices/sensex-4.html">Sensex</a> was up 184.43 points or 0.22 percent at 83,400.71, and the Nifty was up 73.85 points or 0.29 percent at 25,566.15. About 53 shares advanced, 32 shares declined, and 9 shares unchanged.

Most sectors were trading higher, led by Nifty Metal, PSU Bank and Oil and Gas, which posted the strongest gains. IT and Pharma also saw steady traction, while Financial Services, FMCG, Media, Realty and Healthcare inched up marginally. On the downside, Auto and Consumer Durables slipped into the red, though the cuts were shallow.

Globally, Wall Street futures gained as reports suggesting the longest shutdown of the U.S. Federal Government might end. S&amp;P 500 futures gained half a percent, while Nasdaq 100 futures were higher by nearly a percent. Dow Jones futures eked out gains of 0.2 percent.

Meanwhile Asian equities opened the week on a firm footing, reflecting a clear risk-on sentiment across regional markets following last week’s correction.

Foreign institutional investors may rotate back into India, as the AI bubble looks ready to burst, as per experts. "The earnings growth currently happening in India and expected to gather momentum, going forward, can provide the fundamental support for a rally. Watch out for the leading names in banking and finance, telecom, capital goods, defence and automobiles," said VK Vijayakumar, Chief Investment Strategist, Geojit Investments.

From a technical standpoint, Nifty continues to oscillate within a narrow range between its 20-day exponential moving average at 25,589 and 50-DEMA at 25,329. As long as the index remains confined within this zone, directional clarity is likely to stay elusive.

"Unless the index decisively reclaims the 25,800–25,900 region, short sellers are expected to remain active, using intraday pullbacks as opportunities to initiate fresh positions," said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

He added that a sustained breakdown below this mark could intensify selling pressure and extend the ongoing corrective phase. Conversely, only a decisive move above 25,800 would neutralize the prevailing bearish tone and revive near-term optimism.

<a href="https://www.moneycontrol.com/news/business/stocks/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-10-11-2025-liveblog-13662226.html">Follow our market blog to catch all the live updates</a>

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Nifty opens above 25,500, Sensex gains as hopes of U.S. shutdown ending lifts sentiment; metals, IT rally

Domestic benchmark indices Nifty 50 and Sensex opened in the green zone on November 10, kicking off the week on a positive note. Investors found optimism from reports suggesting that the longest-ever U.S. Federal Government shutdown may be lifted.

At 09:15 a.m., the Sensex was up 184.43 points or 0.22 percent at 83,400.71, and the Nifty was up 73.85 points or 0.29 percent at 25,566.15. About 53 shares advanced, 32 shares declined, and 9 shares unchanged.

Most sectors were trading higher, led by Nifty Metal, PSU Bank and Oil and Gas, which posted the strongest gains. IT and Pharma also saw steady traction, while Financial Services, FMCG, Media, Realty and Healthcare inched up marginally. On the downside, Auto and Consumer Durables slipped into the red, though the cuts were shallow.

Globally, Wall Street futures gained as reports suggesting the longest shutdown of the U.S. Federal Government might end. S&amp;amp;P 500 futures gained half a percent, while Nasdaq 100 futures were higher by nearly a percent. Dow Jones futures eked out gains of 0.2 percent.

Meanwhile Asian equities opened the week on a firm footing, reflecting a clear risk-on sentiment across regional markets following last week’s correction.

Foreign institutional investors may rotate back into India, as the AI bubble looks ready to burst, as per experts. &quot;The earnings growth currently happening in India and expected to gather momentum, going forward, can provide the fundamental support for a rally. Watch out for the leading names in banking and finance, telecom, capital goods, defence and automobiles,&quot; said VK Vijayakumar, Chief Investment Strategist, Geojit Investments.

From a technical standpoint, Nifty continues to oscillate within a narrow range between its 20-day exponential moving average at 25,589 and 50-DEMA at 25,329. As long as the index remains confined within this zone, directional clarity is likely to stay elusive.

&quot;Unless the index decisively reclaims the 25,800–25,900 region, short sellers are expected to remain active, using intraday pullbacks as opportunities to initiate fresh positions,&quot; said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

He added that a sustained breakdown below this mark could intensify selling pressure and extend the ongoing corrective phase. Conversely, only a decisive move above 25,800 would neutralize the prevailing bearish tone and revive near-term optimism.

Follow our market blog to catch all the live updates

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Live: Will Nifty continue its rangebound move this week? | Opening Bell

India's equity benchmarks Nifty 50 and Sensex seem set for a quiet start to the week on Monday, November 10, as GIFT Nifty indicated a tepid open despite firm global cues.

At 7.25 am, the <a href="https://www.moneycontrol.com/live-index/gift-nifty?symbol=in;gsx">GIFT Nifty</a> index was quoting 25,592, lower by 2 points or 0.01 percent.

Wall Street futures gained as reports suggesting the longest shutdown of the U.S. Federal Government might end. S&amp;P 500 futures gained half a percent, while Nasdaq 100 futures were higher by nearly a percent. Dow Jones futures eked out gains of 0.2 percent.

Meanwhile Asian equities opened the week on a firm footing, reflecting a clear risk-on sentiment across regional markets following last week’s correction. Some analysts expect that the strength across Asian markets is likely to bolster domestic sentiment, setting a positive tone for Indian equities at the open.

Key levels to watch on November 10

The Nifty 50 rebounded sharply from the ascending wedge support near 25,300, marking its third successful defense of this crucial demand zone since April — a sign of sustained underlying strength. The index is now consolidating within a 25,300–25,500 range, and as long as it holds above 25,400–25,550, the near-term bias remains constructive.

"A decisive close above 25,550 could trigger an upward move toward 25,700–26,000, with the upper wedge boundary near 26,300 serving as a potential breakout target. The RSI at 49.16 reflects neutral momentum but hints at room for recovery, suggesting that any dip may find buyers at lower levels," said Ponmudi R, CEO, Enrich Money.

Overall, he added that the broader trend continues to favor the bulls, with strong buying interest expected on declines toward support zones, especially as traders position themselves ahead of the mid-month expiry.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sensex, Nifty 50 likely to see tepid start despite optimism in Asian markets, key levels to watch on November 10

India's equity benchmarks Nifty 50 and Sensex seem set for a quiet start to the week on Monday, November 10, as GIFT Nifty indicated a tepid open despite firm global cues.

At 7.25 am, the GIFT Nifty index was quoting 25,592, lower by 2 points or 0.01 percent.

Wall Street futures gained as reports suggesting the longest shutdown of the U.S. Federal Government might end. S&amp;amp;P 500 futures gained half a percent, while Nasdaq 100 futures were higher by nearly a percent. Dow Jones futures eked out gains of 0.2 percent.

Meanwhile Asian equities opened the week on a firm footing, reflecting a clear risk-on sentiment across regional markets following last week’s correction. Some analysts expect that the strength across Asian markets is likely to bolster domestic sentiment, setting a positive tone for Indian equities at the open.

Key levels to watch on November 10

The Nifty 50 rebounded sharply from the ascending wedge support near 25,300, marking its third successful defense of this crucial demand zone since April — a sign of sustained underlying strength. The index is now consolidating within a 25,300–25,500 range, and as long as it holds above 25,400–25,550, the near-term bias remains constructive.

&quot;A decisive close above 25,550 could trigger an upward move toward 25,700–26,000, with the upper wedge boundary near 26,300 serving as a potential breakout target. The RSI at 49.16 reflects neutral momentum but hints at room for recovery, suggesting that any dip may find buyers at lower levels,&quot; said Ponmudi R, CEO, Enrich Money.

Overall, he added that the broader trend continues to favor the bulls, with strong buying interest expected on declines toward support zones, especially as traders position themselves ahead of the mid-month expiry.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Indian benchmark indices Sensex and Nifty are likely to see a flat to negative start on November 10, with cues coming from GIFT Nifty, which was trading lower at around 25,560.50.

Track the latest updates on GIFT Nifty right here on Moneycontrol.

Rebound in metal, banking, and broader indices helped the market to recover from the day's low to end with little change in the volatile session on November 7.

At close, the Sensex was down 94.73 points or 0.11 percent at 83,216.28, and the Nifty was down 17.40 points or 0.07 percent at 25,492.30.

Here is how financial markets across the globe fared overnight:

GIFT Nifty (Down)

The GIFT Nifty is trading lower at around 25,560.50, indicating a flat to negative start for the day.

Asian Equities (Gain)

Asian indices were trading higher in the early trade on Monday, with the Kospi index up more than 2 percent.



US Equities (Mixed)

The Nasdaq closed lower, but the S&amp;amp;P 500 and the Dow eked out late-session gains on Friday as investors turned the page on a roller-coaster week with economic worries, the longest-ever federal government shutdown, and sky-high tech stock valuations dampening risk appetite.

The Dow Jones Industrial Average rose 74.80 points, or 0.16%, to 46,987.10, the S&amp;amp;P 500 gained 8.48 points, or 0.13%, to 6,728.80, and the Nasdaq Composite lost 49.45 points, or 0.21%, to 23,004.54.



Dollar Index (Up)

The U.S. dollar index was trading higher against the other major currencies.



US Bond Yield (Up)

The yield on 10-year Treasuries rose nearly 3 basis points to 4.12 percent, while the yield on 2-year Treasuries added 2 basis points to 3.58 percent.



Asian Currencies (Up)

Asian currencies were trading mostly higher in the early trade on Monday.



Crude (Up)

Oil prices rose on Monday on optimism that the U.S. government shutdown could end soon and lift demand in the world's top oil consumer, offsetting concerns about rising supplies globally.



Gold (Rises)

Gold rose for a second day as a weakening US economy outweighed progress on ending the government shutdown in Washington.



Fund Flow Action

After remaining net sellers for the last six sessions, Foreign Institutional Investors (FIIs) bought equities of Rs 4581 crore on November 6. However, the Domestic Institutional Investors (DIIs) extended their buying on the 11th consecutive session as they bought equities of over Rs 6674 crore on the same day.



Hope you're all set for today's trade. We wish you a profitable day ahead.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Tick: Top global cues to watch in today’s trade

The market closed last week (ended November 7) on a weak note amid the lack of domestic triggers and FII outflow, falling nearly 0.9 percent amid consolidation. PSU banks remained strong following healthy financial performance, and renewed speculation regarding a potential FDI cap hike and sector consolidation, whereas weak global cues and fading expectations of a Fed rate cut in the December meeting weighed down metal and IT stocks.

In the week starting November 10, the market is expected to be range-bound with focus on the final lot of corporate earnings season, and further progress with respect to the India-US trade deal.

The Nifty 50 fell 230 points to close the week at 25,492, and the BSE Sensex declined 722 points to 83,216, while the Nifty Midcap 100 index was flat and the Nifty Smallcap 100 index dropped 1.66 percent.

This week, Siddhartha Khemka - Head of Research, Wealth Management at Motilal Oswal Financial Services expects the markets to remain range-bound, tracking mixed global cues, while optimism around better-than-expected corporate earnings and any progress in India–US trade talks could provide upside support.

According to Vinod Nair, Head of Research at Geojit Investments, the market direction will depend on upcoming domestic inflation data, FII flows, and developments related to the US government shutdown.

He advised that a buy-on-dips strategy appears prudent, as results from most Nifty 50 companies reported so far have been largely in line with estimates, and continued policy support is expected to support current premium valuations and potentially drive earnings upgrades.

Here are 10 key factors to watch this week:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Corporate Earnings</a>

This is the final week for the September 2025 quarter earnings season, ending on November 14. More than 2,500 companies will be releasing their earnings scorecar,d including eight Nifty 50 names - Oil and Natural Gas Corporation, Bajaj Finance, Bajaj Finserv, Asian Paints, Tata Steel, Eicher Motors, Hero MotoCorp, and Tata Motors Passenger Vehicles.

Among others, LG Electronics India, Vodafone Idea, Ather Energy, WeWork India Management, Brainbees Solutions, Emami, Gujarat Gas, Jindal Stainless, Kalpataru, Baazar Style Retail, Awfis Space Solutions, Bharat Forge, Biocon, Bosch, Hindustan Copper, Rail Vikas Nigam, Tata Power, Torrent Power, Trualt Bioenergy, Zaggle Prepaid Ocean Services, Afcons Infrastructure, Ashok Leyland, Aditya Infotech, General Insurance Corporation of India, Hindustan Aeronautics, Honasa Consumer, Indraprastha Gas, Indian Railway Catering and Tourism Corporation, Lemon Tree Hotels, P N Gadgil Jewellers, Prestige Estates Projects, SpiceJet, Travel Food Services, Alkem Laboratories, Apollo Tyres, Bharat Dynamics, Dilip Buildcon, Jubilant FoodWork, Muthoot Finance, Voltas, Ashoka Buildcon, Engineers India, Glenmark Pharmaceuticals, Marico, and Oil India will also announce their quarterly earnings this week.

Global Economic Data

There would be limited economic data available from the U.S. due to the ongoing shutdown. The inflation, weekly initial jobless claims, retail sales, and PPI numbers were scheduled for announcement, but now seem to be delayed due to the shutdown.

The market will focus on the scheduled speeches by FOMC officials, which, along with economic data, are crucial for shaping expectations for the Fed’s next move.

Apart from US economic data and shutdown, China's monthly vehicle sales, industrial production, retail sales, and unemployment rate numbers will be watched.

<img class="alignnone size-full wp-image-13662224 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/11/20251110010652_Image2509112025.jpg" alt="Image2509112025" width="921" height="481" />

Domestic Economic Data

Back home, the market participants will focus on the retail inflation and WPI inflation numbers due on November 12 and 14, respectively. According to economists, CPI inflation is expected to decline further to below 1 percent in October against 1.54 percent seen in September, which is one of the important factors for the interest rate decision by the RBI MPC.

Further, bank long and deposit growth for the fortnight ended October 31, and foreign exchange reserves for the week ended November 7, along with balance of trade data for October, will be released on November 14.

India-US Trade Progress

The market will keep a close watch on updates regarding the progress of the India–US trade deal, as experts believe that the finalisation of this deal is one of the key factors that could drive the market toward a new record high.

Last Friday, US President Donald Trump said that trade deal talks with India are going well and noted that India has largely stopped buying oil from Russia.

<a href="https://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/index.php" target="_blank">FII Flow</a>

The focus will also be on the mood at FIIs' desks, as there has been a slowdown in their outflow for the last few weeks. Foreign institutional investors have net sold Rs 1,633 crore worth of shares in the truncated week gone by; however, domestic institutional investors (DIIs) provided strong support to the market as their net buying for the week was Rs 16,678 crore, fully compensating the FII outflow.

Meanwhile, the Indian rupee closed the volatile week at 88.63 against the US dollar, strengthening just by 0.1 percent over the previous week, while the US dollar index could not sustain above the 100 mark tested during the week, closing 0.16 percent down at 99.556.

<a href="https://www.moneycontrol.com/ipo/" target="_blank">IPO</a>

The mood at the primary market remains strong as investors will see seven new public issues for subscription. The total fundraising by them was more than Rs 11,000 crore in the current week.

Online education platform PhysicsWallah and solar panels and cell maker Emmvee Photovoltaic Power will launch their Rs 3,480 crore and Rs 2,900 crore IPOs, respectively. on November 11, followed by auto parts maker Tenneco Clean Air India's Rs 3,600 crore public issue on November 12.

This follows solar invertor and batteries maker Fujiyama Power Systems' Rs 828-crore IPO on November 13, and software-as-a-service (SaaS) company Capillary Technologies India's initial share sale on November 14.

SMEs - Workmates Core2Cloud Solution, and Mahamaya Lifesciences will open their IPOs worth around Rs 70 crore each on November 11.

Fintech company Pine Labs' initial share sale will remain open for subscription till November 11, while from the SME segment, Finbud Financial Services will close its IPO on November 10, followed by Shining Tools, and Curis Lifesciences on November 11.

On the listing front, eyewear maker Lenskart Solutions will make its market debut on November 10, followed by strong broking platform Groww's parent Billionbrains Garage Ventures on November 12, and Pine Labs on November 14. In the SME section, Shreeji Global FMCG will be the first, listing on November 12, followed by Finbud Financial Services on November 13, Curis Lifesciences, and Shining Tools on November 14.

Technical View

Technical and momentum indicators are signalling bearish sentiment in the market, with the Nifty 50 breaking the low of the previous two weeks. On the weekly charts, the index defended the 10-week EMA and falling resistance trendline (which now turned into support), which is above 25,300. Hence, if the index breaks this level this week, the selling pressure can drive the index toward the psychological 25,000 mark; however, holding the index above 25,300 can open the door for a gradual upmove toward 25,800 and then 26,000 levels, experts said.

F&amp;O Cues

The weekly options data indicated that the Nifty 50 is likely to trade in the broad range of 25,000-26,000, while the immediate range could be the 25,300-25,700 zone.

The maximum Call open interest was placed at the 26,000 strike, followed by the 25,700 and 25,600 strikes, with the maximum Call writing at the 25,500, 25,400, and 26,000 strikes, while the 25,300 strike holds the maximum Put open interest, followed by the 25,000 and 25,400 strikes, with the maximum Put writing at the 25,300, 25,400 and 25,350 strikes.

India VIX

The India Volatility Index, which is also known as the fear gauge, has gradually been rising and closing above the short-term moving averages during the last week, signalling some caution for bulls. The VIX closed at 12.56, up 3.33 percent, while the closing and sustaining above the 13 zone can bring some discomfort for bulls.

Corporate Action

Here are key corporate actions taking place in the coming week:

<img class="alignnone size-full wp-image-13662225 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/11/20251110010740_Image2409112025.jpg" alt="Image2409112025" width="1011" height="1531" />

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Dalal Street This Week: Q2 Earnings, inflation, FII flow, India-US trade deal progress among 10 key factors to watch

In the week starting November 10, the market is expected to be range-bound with focus on the final lot of corporate earnings season, and further progress with respect to India-US trade deal.

Dalal Street Week Ahead: Q2 Earnings, inflation, FII flow, India-US trade deal progress among 10 key factors to watch

The market closed last week (ended November 7) on a weak note amid the lack of domestic triggers and FII outflow, falling nearly 0.9 percent amid consolidation. PSU banks remained strong following healthy financial performance, and renewed speculation regarding a potential FDI cap hike and sector consolidation, whereas weak global cues and fading expectations of a Fed rate cut in the December meeting weighed down metal and IT stocks.

In the week starting November 10, the market is expected to be range-bound with focus on the final lot of corporate earnings season, and further progress with respect to the India-US trade deal.

The Nifty 50 fell 230 points to close the week at 25,492, and the BSE Sensex declined 722 points to 83,216, while the Nifty Midcap 100 index was flat and the Nifty Smallcap 100 index dropped 1.66 percent.

This week, Siddhartha Khemka - Head of Research, Wealth Management at Motilal Oswal Financial Services expects the markets to remain range-bound, tracking mixed global cues, while optimism around better-than-expected corporate earnings and any progress in India–US trade talks could provide upside support.

According to Vinod Nair, Head of Research at Geojit Investments, the market direction will depend on upcoming domestic inflation data, FII flows, and developments related to the US government shutdown.

He advised that a buy-on-dips strategy appears prudent, as results from most Nifty 50 companies reported so far have been largely in line with estimates, and continued policy support is expected to support current premium valuations and potentially drive earnings upgrades.

Here are 10 key factors to watch this week:

Corporate Earnings

This is the final week for the September 2025 quarter earnings season, ending on November 14. More than 2,500 companies will be releasing their earnings scorecar,d including eight Nifty 50 names - Oil and Natural Gas Corporation, Bajaj Finance, Bajaj Finserv, Asian Paints, Tata Steel, Eicher Motors, Hero MotoCorp, and Tata Motors Passenger Vehicles.

Among others, LG Electronics India, Vodafone Idea, Ather Energy, WeWork India Management, Brainbees Solutions, Emami, Gujarat Gas, Jindal Stainless, Kalpataru, Baazar Style Retail, Awfis Space Solutions, Bharat Forge, Biocon, Bosch, Hindustan Copper, Rail Vikas Nigam, Tata Power, Torrent Power, Trualt Bioenergy, Zaggle Prepaid Ocean Services, Afcons Infrastructure, Ashok Leyland, Aditya Infotech, General Insurance Corporation of India, Hindustan Aeronautics, Honasa Consumer, Indraprastha Gas, Indian Railway Catering and Tourism Corporation, Lemon Tree Hotels, P N Gadgil Jewellers, Prestige Estates Projects, SpiceJet, Travel Food Services, Alkem Laboratories, Apollo Tyres, Bharat Dynamics, Dilip Buildcon, Jubilant FoodWork, Muthoot Finance, Voltas, Ashoka Buildcon, Engineers India, Glenmark Pharmaceuticals, Marico, and Oil India will also announce their quarterly earnings this week.

Global Economic Data

There would be limited economic data available from the U.S. due to the ongoing shutdown. The inflation, weekly initial jobless claims, retail sales, and PPI numbers were scheduled for announcement, but now seem to be delayed due to the shutdown.

The market will focus on the scheduled speeches by FOMC officials, which, along with economic data, are crucial for shaping expectations for the Fed’s next move.

Apart from US economic data and shutdown, China's monthly vehicle sales, industrial production, retail sales, and unemployment rate numbers will be watched.



Domestic Economic Data

Back home, the market participants will focus on the retail inflation and WPI inflation numbers due on November 12 and 14, respectively. According to economists, CPI inflation is expected to decline further to below 1 percent in October against 1.54 percent seen in September, which is one of the important factors for the interest rate decision by the RBI MPC.

Further, bank long and deposit growth for the fortnight ended October 31, and foreign exchange reserves for the week ended November 7, along with balance of trade data for October, will be released on November 14.

India-US Trade Progress

The market will keep a close watch on updates regarding the progress of the India–US trade deal, as experts believe that the finalisation of this deal is one of the key factors that could drive the market toward a new record high.

Last Friday, US President Donald Trump said that trade deal talks with India are going well and noted that India has largely stopped buying oil from Russia.

FII Flow

The focus will also be on the mood at FIIs' desks, as there has been a slowdown in their outflow for the last few weeks. Foreign institutional investors have net sold Rs 1,633 crore worth of shares in the truncated week gone by; however, domestic institutional investors (DIIs) provided strong support to the market as their net buying for the week was Rs 16,678 crore, fully compensating the FII outflow.

Meanwhile, the Indian rupee closed the volatile week at 88.63 against the US dollar, strengthening just by 0.1 percent over the previous week, while the US dollar index could not sustain above the 100 mark tested during the week, closing 0.16 percent down at 99.556.

IPO

The mood at the primary market remains strong as investors will see seven new public issues for subscription. The total fundraising by them was more than Rs 11,000 crore in the current week.

Online education platform PhysicsWallah and solar panels and cell maker Emmvee Photovoltaic Power will launch their Rs 3,480 crore and Rs 2,900 crore IPOs, respectively. on November 11, followed by auto parts maker Tenneco Clean Air India's Rs 3,600 crore public issue on November 12.

This follows solar invertor and batteries maker Fujiyama Power Systems' Rs 828-crore IPO on November 13, and software-as-a-service (SaaS) company Capillary Technologies India's initial share sale on November 14.

SMEs - Workmates Core2Cloud Solution, and Mahamaya Lifesciences will open their IPOs worth around Rs 70 crore each on November 11.

Fintech company Pine Labs' initial share sale will remain open for subscription till November 11, while from the SME segment, Finbud Financial Services will close its IPO on November 10, followed by Shining Tools, and Curis Lifesciences on November 11.

On the listing front, eyewear maker Lenskart Solutions will make its market debut on November 10, followed by strong broking platform Groww's parent Billionbrains Garage Ventures on November 12, and Pine Labs on November 14. In the SME section, Shreeji Global FMCG will be the first, listing on November 12, followed by Finbud Financial Services on November 13, Curis Lifesciences, and Shining Tools on November 14.

Technical View

Technical and momentum indicators are signalling bearish sentiment in the market, with the Nifty 50 breaking the low of the previous two weeks. On the weekly charts, the index defended the 10-week EMA and falling resistance trendline (which now turned into support), which is above 25,300. Hence, if the index breaks this level this week, the selling pressure can drive the index toward the psychological 25,000 mark; however, holding the index above 25,300 can open the door for a gradual upmove toward 25,800 and then 26,000 levels, experts said.

F&amp;amp;O Cues

The weekly options data indicated that the Nifty 50 is likely to trade in the broad range of 25,000-26,000, while the immediate range could be the 25,300-25,700 zone.

The maximum Call open interest was placed at the 26,000 strike, followed by the 25,700 and 25,600 strikes, with the maximum Call writing at the 25,500, 25,400, and 26,000 strikes, while the 25,300 strike holds the maximum Put open interest, followed by the 25,000 and 25,400 strikes, with the maximum Put writing at the 25,300, 25,400 and 25,350 strikes.

India VIX

The India Volatility Index, which is also known as the fear gauge, has gradually been rising and closing above the short-term moving averages during the last week, signalling some caution for bulls. The VIX closed at 12.56, up 3.33 percent, while the closing and sustaining above the 13 zone can bring some discomfort for bulls.

Corporate Action

Here are key corporate actions taking place in the coming week:



Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

9 out of 17 years BSE FMCG has given negative returns in November.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	20,429.29	20,496.31	20,559.37	20,366.23	20,299.21	20,236.15	20,169.13
Fibonacci	20,415.92	20,446.62	20,496.31	20,366.23	20,316.54	20,285.84	20,236.15
Camarilla	20,374.18	20,386.11	20,398.03	20,366.23	20,350.34	20,338.41	20,326.49

INDEX CONTRIBUTION - BSE FMCG

Net Contribution

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