FIIs net sell equities worth Rs 384 crore, DII net buy Rs 3092 crore on November 13

Market view

At close, the Sensex was up 12.16 points or 0.01 percent at 84,478.67, and the Nifty was up 3.35 points or 0.01 percent at 25,879.15. Broader indices underperformed the main indices with BSE Midcap and smallcap indices shedding 0.3 percent each.

Asian Paints, ICICI Bank, L&T, Interglobe Aviation, Hindalco were among major gainers on the Nifty, while losers were Eternal, Shriram Finance, Adani Ports, Bharat Electronics and M&M. Among sectors, IT, media, PSU bank shed 0.5% each, while metal, pharma, realty rose 0.5% each.

On today's market, Ajit Mishra – SVP, Research, Religare Broking noted that markets traded volatile and ended nearly unchanged on the weekly expiry day, pausing after the recent strong upmove. " Going forward, some consolidation cannot be ruled out after the recent rally, as the Nifty has approached the 26,000–26,100 resistance zone, coinciding with its previous swing high," he said adding that the overall undertone remains constructive, supported by resilience in key sectors such as banking and IT. "Traders are advised 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, Mishra added.

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