Nifty wavers in early trade, suggesting that bullish consolidation may remain the dominant theme in what’s likely to be a choppy, range-bound session.
Nifty (-15, 25861)
Sensex (-40, 84426)
Bank Nifty (+72, 58347)
Nifty (CMP: 25861)
SUPPORT: 25709/25471
RESISTANCE: 26109/26277
TRADING RANGE (25700-25950)
BIAS: Positive
SECTOR GAINER:
NIFTY METAL (+1.53%)
NIFTY REALITY (+1.39%)
NIFTY MEDIA (+0.25%)
SECTOR LOSER:
NIFTY CPSE (-0.55%)
NIFTY IT (-0.48%)
NIFTY FMCG (-0.33%)
STOCKS IN SPOTLIGHT:
1) SpiceJet (-2.09%) slipped to ₹37.74 after reporting a wider consolidated net loss of ₹447.70 crore in Q2 FY26, compared to a loss of ₹424.26 crore in the same quarter last year. The company clarified that the figure excludes forex losses. The results highlight continued operational and cost challenges for the airline despite improving passenger traffic trends.
2) Gandhar Oil Refinery (India) jumped 3.55% after the company reported 98.2% surge in consolidated net profit to Rs 36 crore in Q2 FY26 as against Rs 18.2 crore posted in Q2 FY25. Revenue from operations rise 13.3% year on year to Rs 1,060 crore in the quarter ended 30 September 2025.
KEY THEMES FOR THE DAY:
The tone remains positive, with buying momentum likely to strengthen on any intraday declines — a clear sign that bulls are regaining control on Dalal Street.
All eyes will be on Bihar, with elections held on November 6th and 11th and results due on November 14th.
The Good News: Crude oil futures has plunged, slipping toward $58 per barrel on Thursday and hitting a three-week low, as OPEC signaled a comfortable supply outlook. The group projected that global oil production would match demand by 2026, reversing its earlier forecast of a deficit, and noted that supply already exceeded demand in the third quarter — dampening sentiment across energy markets.
The other 3-positive catalysts this morning:
1) US–India Trade Deal Hopes.
2) Expectations of an End to the US Shutdown.
3) Fed Rate Cut Buzz.
The Negative Catalyst: In yesterday’s positive session, FIIs turned out to be net sellers to the tune of Rupees 1750.03 Cr.
Top Index Gainers:
ASIAN PAINTS (+3.13%)
TATA STEEL (+1.72%)
HINDALCO (+1.5%)
INDIGO (+1.35%)
ICICI BANK (+1.3%)
Top Index Losers:
TMCV (-2.81%)
ONGC (-1.83%)
ETERNAL (-1.13%)
INFY (-0.75%)
KOTAK BANK (-0.72%)
# 10.10 AM GLOBAL UPDATE:
Dow Futures: (+132, 48387)
Nasdaq 100 Futures (+91, 25606)
Nikkei (+147, 51211)
Hang Seng (-156, 26766)
Dollar Index (+0.03%, 99.49)
WTI OIL (-0.27%, 58.38)
Gold (+10, 4205)
Securities in Ban for Trade Date: Thursday, November 13th 2025*
SAIL
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