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MARKET COMMENTARY

Nov-18-2025 08:51

Indian benchmark indices Sensex and Nifty are expected to open flat to slightly negative on November 18, as indicated by GIFT Nifty, which was trading near 26,003.

Despite reports that the first tranche of the India–US trade deal is close to being finalised, aiming to address reciprocal tariffs imposed by the US on several Indian products, weak global cues are likely to weigh on sentiment.

The Indian markets, however, ended the previous session on a strong footing, marking the sixth straight day of gains on November 17, with the Nifty closing above the 26,000 level. On Monday, the 30-share benchmark index ended at 84950.95 up by 388.17 points or by 0.46 % and then NSE Nifty was at 26013.45 up by 103.4 points or by 0.4 %.

On the global front, Overnight, US markets ended lower as technology stocks dragged broader indices, with investors awaiting Nvidia’s earnings and delayed jobs data later this week. At the close, the Dow Jones fell 1.18 per cent, the S&P 500 declined 0.92 per cent and the Nasdaq shed 0.84 per cent. Across Asia, markets were trading lower, tracking Wall Street. Last seen, Japan's Nikkei was down 2.06 per cent, mainland China's CSI 300 slipped 0.15 per cent, Hong Kong's Hang Seng was down 0.85 per cent and South Korea's KOSPI fell 1.33 per cent.

Back home, Top traded Volumes on NSE Nifty – Tata Motors Passenger Vehicles Ltd. 32393346.00, Tata Steel Ltd. 28204282.00, Eternal Ltd. 26632684.00, HDFC Bank Ltd. 18396408.00, Bharat Electronics Ltd. 12996079.00, On NSE, total number of shares traded was 474.78 Crore and total turnover stood at Rs. 99600.19 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 97020 with a total turnover of Rs. 19200.31 Crore. Along with this total number of contracts traded in stock futures were 1229185 with a total turnover of Rs. 83988.21 Crore. Total numbers of contracts for index options were 117702965 with a total turnover of Rs. 22966768.72 Crore. and total numbers of contracts for stock options were 7667310 with a total turnover of Rs. 545043.73 Crore.

The FIIs on 17/11/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 12649.91 Crore and gross debt purchased stood at Rs. 384.73 Crore, while the gross equity sold stood at Rs. 17310.91 Crore and gross debt sold stood at Rs. 390.62 Crore. Therefore, the net investment of equity and debt reported were Rs. -4661.00 Crore and Rs. -5.89