Nifty 200

Domestic equity benchmarks Nifty 50 and Sensex saw some minor losses during the opening trades on November 13, as investors turned cautious following a three-day rally.

At 09:15 am, the <a href="https://www.moneycontrol.com/indian-indices/sensex-4.html">Sensex</a> was down 94.43 points or 0.11 percent at 84,372.08, and the Nifty was down 31.80 points or 0.12 percent at 25,844.00.

Sectoral trends were mixed in early trade, with gains in metals offset by weakness in IT and private banks. The Nifty Metal index led the pack, advancing 0.91 percent, while Nifty Media added 0.43 percent.

On the flip side, Nifty IT slipped 0.34 percent, and Nifty Private Bank fell 1.17 percent, dragging overall sentiment. The Nifty Auto, Oil &amp; Gas, and Consumer Durables indices also saw mild declines.

Meanwhile, Nifty Bank, Energy, FMCG, Infra, Pharma, PSU Bank, and Realty traded flat with no major movement. The India VIX, a gauge of market volatility, eased nearly 3 percent to 11.75, indicating continued calmness in the broader market mood.

India's retail inflation fell to a record low of 0.25 percent in October, marking the lowest reading since the current series began in 2013. Experts were hopeful of another rate cut in the benchmark lending rate from the Reserve Bank of India in its December meeting.

According to experts, the market needs more triggers to take it to new record highs. With the outcome of the Bihar polls largely discounted by the market, there are no political triggers that can push the market significantly higher. The reverse might happen if the actual poll results turn out to be different from the exit polls.

"The important economic factors that have to be watched for is a possible India-US trade deal removing the penal tariffs and reducing the reciprocal tariffs. The decline in October retail inflation in India to 0.25% indicates the possibility of a rate cut from the MPC in December. But the monetary policy transmission turning weak has become a challenge for the RBI," said VK Vijayakumar, Chief Investment Strategist, Geojit Investments.

From a technical perspective, Nifty is comfortably trading above its 10- and 20-day exponential moving averages (DEMA), turning previous resistance zones into fresh support levels. "Holding above the gap-support range of 25,700–25,780 will continue to strengthen short-term sentiment and support the ongoing bullish phase. As long as the index sustains above the 25,700–25,650 zone, traders are expected to adopt a buy-on-dips strategy," said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

On the upside, he added that immediate resistance is placed near 25,950. A convincing move beyond this level could trigger fresh buying and extend the rally further. Conversely, a break below 25,650, in wake of negative surprise in Bihar Polls outcome would signal weakness and may invite renewed caution among traders.

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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 on a tepid note, Sensex snaps 3-day rally amid caution as IT stocks drag

Domestic equity benchmarks Nifty 50 and Sensex saw some minor losses during the opening trades on November 13, as investors turned cautious following a three-day rally.

At 09:15 am, the Sensex was down 94.43 points or 0.11 percent at 84,372.08, and the Nifty was down 31.80 points or 0.12 percent at 25,844.00.

Sectoral trends were mixed in early trade, with gains in metals offset by weakness in IT and private banks. The Nifty Metal index led the pack, advancing 0.91 percent, while Nifty Media added 0.43 percent.

On the flip side, Nifty IT slipped 0.34 percent, and Nifty Private Bank fell 1.17 percent, dragging overall sentiment. The Nifty Auto, Oil &amp;amp; Gas, and Consumer Durables indices also saw mild declines.

Meanwhile, Nifty Bank, Energy, FMCG, Infra, Pharma, PSU Bank, and Realty traded flat with no major movement. The India VIX, a gauge of market volatility, eased nearly 3 percent to 11.75, indicating continued calmness in the broader market mood.

India's retail inflation fell to a record low of 0.25 percent in October, marking the lowest reading since the current series began in 2013. Experts were hopeful of another rate cut in the benchmark lending rate from the Reserve Bank of India in its December meeting.

According to experts, the market needs more triggers to take it to new record highs. With the outcome of the Bihar polls largely discounted by the market, there are no political triggers that can push the market significantly higher. The reverse might happen if the actual poll results turn out to be different from the exit polls.

&quot;The important economic factors that have to be watched for is a possible India-US trade deal removing the penal tariffs and reducing the reciprocal tariffs. The decline in October retail inflation in India to 0.25% indicates the possibility of a rate cut from the MPC in December. But the monetary policy transmission turning weak has become a challenge for the RBI,&quot; said VK Vijayakumar, Chief Investment Strategist, Geojit Investments.

From a technical perspective, Nifty is comfortably trading above its 10- and 20-day exponential moving averages (DEMA), turning previous resistance zones into fresh support levels. &quot;Holding above the gap-support range of 25,700–25,780 will continue to strengthen short-term sentiment and support the ongoing bullish phase. As long as the index sustains above the 25,700–25,650 zone, traders are expected to adopt a buy-on-dips strategy,&quot; said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

On the upside, he added that immediate resistance is placed near 25,950. A convincing move beyond this level could trigger fresh buying and extend the rally further. Conversely, a break below 25,650, in wake of negative surprise in Bihar Polls outcome would signal weakness and may invite renewed caution among traders.

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 reclaim 26,000-mark amid record low inflation in Oct? | Opening Bell

Domestic indices are likely to see a tepid start on the bourses for the November 13 session, potentially snapping three straight days of gains as investors turn cautious.

At 7.20 am, the GIFT Nifty index was trading at 25,953, down 4 points or 0.01 percent.

India's retail inflation fell to a record low of 0.25 percent in October, marking the lowest reading since the current series began in 2013. Experts were hopeful of another rate cut in the benchmark lending rate from the Reserve Bank of India in its December meeting.

Investor sentiment is further buoyed by optimism surrounding a potential India–U.S. trade agreement and growing expectations of the U.S. Federal Reserve rate cuts amid signs of softening economic activity. Additionally, robust domestic growth prospects, the resolution of the U.S. government shutdown, and declining crude oil prices continue to provide a favorable backdrop for risk assets.

Overnight, it was another session of mixed movement on Wall Street, with the Dow Jones extending its outperformance while the tech-heavy S&amp;P 500 and Nasdaq remained subdued.
Both indices recovered from intraday lows, but the S&amp;P 500 closed nearly unchanged, and the Nasdaq slipped below the flat line for the second straight day. The tech index has now fallen in four of the last five sessions.

Key levels to watch in trade on November 13

From a technical perspective, Nifty is comfortably trading above its 10- and 20-day exponential moving averages (DEMA), turning previous resistance zones into fresh support levels. "Holding above the gap-support range of 25,700–25,780 will continue to strengthen short-term sentiment and support the ongoing bullish phase. As long as the index sustains above the 25,700–25,650 zone, traders are expected to adopt a buy-on-dips strategy," said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

On the upside, he added that immediate resistance is placed near 25,950. A convincing move beyond this level could trigger fresh buying and extend the rally further. Conversely, a break below 25,650, in wake of negative surprise in Bihar Polls outcome would signal weakness and may invite renewed caution among traders.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-13-11-2025-liveblog-13672643.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.

Nifty, Sensex may open muted after three sessions of gains; key levels to watch on November 13

Domestic indices are likely to see a tepid start on the bourses for the November 13 session, potentially snapping three straight days of gains as investors turn cautious.

At 7.20 am, the GIFT Nifty index was trading at 25,953, down 4 points or 0.01 percent.

India's retail inflation fell to a record low of 0.25 percent in October, marking the lowest reading since the current series began in 2013. Experts were hopeful of another rate cut in the benchmark lending rate from the Reserve Bank of India in its December meeting.

Investor sentiment is further buoyed by optimism surrounding a potential India–U.S. trade agreement and growing expectations of the U.S. Federal Reserve rate cuts amid signs of softening economic activity. Additionally, robust domestic growth prospects, the resolution of the U.S. government shutdown, and declining crude oil prices continue to provide a favorable backdrop for risk assets.

Overnight, it was another session of mixed movement on Wall Street, with the Dow Jones extending its outperformance while the tech-heavy S&amp;amp;P 500 and Nasdaq remained subdued.
Both indices recovered from intraday lows, but the S&amp;amp;P 500 closed nearly unchanged, and the Nasdaq slipped below the flat line for the second straight day. The tech index has now fallen in four of the last five sessions.

Key levels to watch in trade on November 13

From a technical perspective, Nifty is comfortably trading above its 10- and 20-day exponential moving averages (DEMA), turning previous resistance zones into fresh support levels. &quot;Holding above the gap-support range of 25,700–25,780 will continue to strengthen short-term sentiment and support the ongoing bullish phase. As long as the index sustains above the 25,700–25,650 zone, traders are expected to adopt a buy-on-dips strategy,&quot; said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

On the upside, he added that immediate resistance is placed near 25,950. A convincing move beyond this level could trigger fresh buying and extend the rally further. Conversely, a break below 25,650, in wake of negative surprise in Bihar Polls outcome would signal weakness and may invite renewed caution among traders.

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.

Indian benchmark indices Sensex and Nifty are likely to see a flat opening today, with cues coming from GIFT Nifty, which was trading at around 25,958.

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

The Indian benchmark indices ended higher for the third consecutive session on November 12 with Nifty crossing 25,900, intraday, amid buying across the sectors, barring realty.

At close, the Sensex was up 595.19 points or 0.71 percent at 84,466.51, and the Nifty was up 180.85 points or 0.70 percent at 25,875.80.

Here is how financial markets across the globe fared overnight:

GIFT Nifty (Flat)

The GIFT Nifty is trading flat at around 25,958, indicating a muted start for the day.

Asian Equities (Gains)

Asian markets opened on a subdued note after a lackluster Wall Street session, as investors stayed cautious with limited economic data clouding the outlook for Federal Reserve policy.



US Equities (Mixed)

Wall Street's main indexes were mixed on Wednesday, with the Dow notching a record-high close and the Nasdaq losing ground as investors rotated out of pricey technology stocks while focusing on a likely end to a historic U.S. government shutdown.

The S&amp;amp;P 500 climbed 0.06% to end the session at 6,850.92 points.

The Nasdaq declined 0.26% to 23,406.46 points, while the Dow Jones Industrial Average rose 0.68% to 48,254.82 points.



Dollar Index (Flat)

The dollar index was little changed against the other major currencies in the early trade on Thursday.



US Bond Yield (Up)

The yield on 10-year Treasuries were up 2 basis points at 4.08 percent, while 2-year Treasuries remained unchanged at 3.57 percent.



Asian Currencies (Mixed)

Asian currencies were trading mostly lower in the early Thursday trade with South Korean Won leading the losers followed by Indonesian Rupiah, Japanese Yen, Thai Baht, Taiwan Dollar, and Singapore Dollar.



Crude (Slips)

Oil extended its drop after slumping the most since June as a key market gauge flashed weakness and OPEC said crude supplies surpassed demand sooner than anticipated.



Gold (Flat)

Gold was steady after rising almost 2% in the previous session, as traders weighed an uncertain US
economic outlook that’s been compounded by an absence of reliable data.



Fund Flow Action

The selling from Foreign Institutional Investors (FIIs) continued on third consecutive day on November 12 as they sold equities of Rs 1750 crore. On the other hand, Domestic Institutional Investors (DIIs) continued their buying in this month, as they purchased equities of over Rs 5100 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

According to Sushant Bhansali, the CEO of Ambit Asset Management, if US tariffs are ruled illegal by the Supreme Court, the implications could be massive, impacting the economy, foreign policy, and the balance of power within the US government.

But, the US administration might attempt to repose similar tariffs using other statutory authorities, he said.

For long-term investors, he believes IT sector offers value compared to many other areas of the market. However, investors need to keep in mind the impact of AI when evaluating companies in this sector, he advised.

What could be the implications if Trump tariffs are ruled illegal?

If US tariffs, particularly the broad "reciprocal tariffs" imposed under the International Emergency Economic Powers Act (IEEPA), are ruled illegal, the implications could be massive, impacting the economy, foreign policy, and the balance of power within the US government.

• Massive Refund Liability: The most immediate and logistically challenging implication would be the potential for the US government to owe billions of dollars (estimates range from nearly $100 billion up to over $1 trillion over a decade) in refunds to US importers who paid the tariffs.

• Consumer Benefit: The removal of these import duties would likely lead to lower prices on a wide range of imported consumer goods, as businesses would no longer have to pass the tariff costs onto customers.

• Market Stability: A clear ruling, one way or the other, could stabilize financial markets by ending the uncertainty that businesses and investors face when planning supply chains, pricing, and long-term investments.

• Shift in Trade Strategy: The removal of the tariffs would force a reset in trade dynamics, potentially leading to opportunities for more balanced deals for countries that were heavily impacted.

The US administration might attempt to repose similar tariffs using other statutory authorities.

In short, a ruling against the tariffs would be a seismic event—a major win for importers and congressional authority, but one that would create administrative and diplomatic turmoil in the short term.

Are you confident that India’s GDP and earnings growth numbers will continue to support the market and not disappoint investors, even if there is a delay in the India–US trade deal?

Historically, exports to the USA have not been a meaningful part of Indian economy. While a trade deal could significantly boost growth and job creation, the current implications of a delay do not substantially impact the Indian economy.

Our economy and markets will continue to lean on domestic consumption in the short run. The Indian Government's recent focus on consumption, through various fiscal and policy measures impacting direct and indirect taxes, interest rates, and liquidity, should hopefully restore the earnings growth trajectory.

What could be the major risk factors that might undermine market confidence?

The slowdown in the US economy, coupled with high inflation, may lead to a global recession. Moreover, a significant spike in global commodity prices could also be a key risk factor.

Would you advise accumulating IT stocks at this stage, given their reasonable valuations?

IT sector has witnessed slowdown in hiring given the uncertain outlook in US. Earnings momentum will be lower, and valuations are still around long-term averages.

For long-term investors, this sector offers value compared to many other areas of the market. However, investors need to keep in mind the impact of AI when evaluating companies in this sector, as the growth trajectory might be led by a different set of industry players than historically.

Do you believe the financial sector will remain a key driver of any market upside from here?

Financially, we would continue to see higher growth, led by lower transmission costs, higher economic growth and pockets of CAPEX. Valuations are also reasonable compared to many other sectors with similar growth.

Do you foresee any impact of the Bihar elections on the market?

We won't have any meaningful impact on the market unless elections result in a mandate that splits the ruling alliance in the central government.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Daily Voice: What are the implications if Supreme Court rules against Trump's tariffs? This CEO explains

According to Sushant Bhansali, the CEO of Ambit Asset Management, if US tariffs are ruled illegal by the Supreme Court, the implications could be massive, impacting the economy, foreign policy, and the balance of power within the US government.

But, the US administration might attempt to repose similar tariffs using other statutory authorities, he said.

For long-term investors, he believes IT sector offers value compared to many other areas of the market. However, investors need to keep in mind the impact of AI when evaluating companies in this sector, he advised.

What could be the implications if Trump tariffs are ruled illegal?

If US tariffs, particularly the broad &quot;reciprocal tariffs&quot; imposed under the International Emergency Economic Powers Act (IEEPA), are ruled illegal, the implications could be massive, impacting the economy, foreign policy, and the balance of power within the US government.

• Massive Refund Liability: The most immediate and logistically challenging implication would be the potential for the US government to owe billions of dollars (estimates range from nearly $100 billion up to over $1 trillion over a decade) in refunds to US importers who paid the tariffs.

• Consumer Benefit: The removal of these import duties would likely lead to lower prices on a wide range of imported consumer goods, as businesses would no longer have to pass the tariff costs onto customers.

• Market Stability: A clear ruling, one way or the other, could stabilize financial markets by ending the uncertainty that businesses and investors face when planning supply chains, pricing, and long-term investments.

• Shift in Trade Strategy: The removal of the tariffs would force a reset in trade dynamics, potentially leading to opportunities for more balanced deals for countries that were heavily impacted.

The US administration might attempt to repose similar tariffs using other statutory authorities.

In short, a ruling against the tariffs would be a seismic event—a major win for importers and congressional authority, but one that would create administrative and diplomatic turmoil in the short term.

Are you confident that India’s GDP and earnings growth numbers will continue to support the market and not disappoint investors, even if there is a delay in the India–US trade deal?

Historically, exports to the USA have not been a meaningful part of Indian economy. While a trade deal could significantly boost growth and job creation, the current implications of a delay do not substantially impact the Indian economy.

Our economy and markets will continue to lean on domestic consumption in the short run. The Indian Government's recent focus on consumption, through various fiscal and policy measures impacting direct and indirect taxes, interest rates, and liquidity, should hopefully restore the earnings growth trajectory.

What could be the major risk factors that might undermine market confidence?

The slowdown in the US economy, coupled with high inflation, may lead to a global recession. Moreover, a significant spike in global commodity prices could also be a key risk factor.

Would you advise accumulating IT stocks at this stage, given their reasonable valuations?

IT sector has witnessed slowdown in hiring given the uncertain outlook in US. Earnings momentum will be lower, and valuations are still around long-term averages.

For long-term investors, this sector offers value compared to many other areas of the market. However, investors need to keep in mind the impact of AI when evaluating companies in this sector, as the growth trajectory might be led by a different set of industry players than historically.

Do you believe the financial sector will remain a key driver of any market upside from here?

Financially, we would continue to see higher growth, led by lower transmission costs, higher economic growth and pockets of CAPEX. Valuations are also reasonable compared to many other sectors with similar growth.

Do you foresee any impact of the Bihar elections on the market?

We won't have any meaningful impact on the market unless elections result in a mandate that splits the ruling alliance in the central government.

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

9 out of 15 years Nifty 200 has given positive returns in November.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	14,500.15	14,533.15	14,570.55	14,462.75	14,429.75	14,392.35	14,359.35
Fibonacci	14,489.64	14,506.26	14,533.15	14,462.75	14,435.86	14,419.24	14,392.35
Camarilla	14,473.60	14,480.06	14,486.51	14,462.75	14,460.70	14,454.24	14,447.79

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