The Indian markets are poised for a lower start today, with GIFT Nifty futures trading at 23,628 at 7:15 AM, approximately 30 points behind the previous close. This comes as global markets digest recent US inflation data and process Donald Trump’s proposed economic policies.
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The market remains in a challenging phase with multiple factors influencing trader sentiment. Investors should maintain caution while watching for potential support levels and keep an eye on global developments that could impact market direction.
Domestic Market Status
Current Market Correction
- Nifty closed at 23,559 (down 324 points, -1.4%)
- Sensex ended at 77,691 (down 984 points, -1.3%)
- Nifty decline from September peak: 10.14%
- Sensex decline from peak: 9.5%
Broader Market Performance
- Nifty Smallcap 100: -2.96%
- Nifty Midcap 100: -2.64%
- VIX: Up 5.03% at 15.33 points
- Market breadth: 5:1 decline to advance ratio
Today’s Key Developments
New F&O Additions
The exchanges have announced 45 new stocks for F&O trading, including:
- Zomato
- Jio Financial
- Paytm
- Delhivery
- Avenue Supermarts Trading starts: November 29
Mutual Fund Trends
- Record inflows in large-cap oriented schemes
- Flexi-cap funds seeing increased investor interest
- Large-cap funds attracted ₹3,452 crore in October
- Flexi-cap schemes received ₹5,181 crore
Global Market Overview
Asia-Pacific Markets
- Australia’s S&P/ASX 200: +0.38%
- Japan’s Nikkei 225: +0.42%
- South Korea’s Kospi: +0.27%
- Hong Kong’s Hang Seng: +0.15%
- China’s CSI300: -0.36%
US Market Performance
- Dow Jones: +47.21 points (+0.11%)
- S&P 500: +1.39 points (+0.02%)
- Nasdaq: -50.66 points (-0.26%)
Economic Indicators
US Inflation Data
- CPI rose 0.2% for fourth straight month
- Year-on-year increase: 2.6%
- Treasury yields: 10-year at 4.449%
Market Holiday Alert
- Markets closed tomorrow (November 15) for Guru Nanak Jayanti
- Three-day break including weekend
- Trading resumes: Monday, November 18
Commodity Markets
Oil Prices
- Brent Crude: $72.15 (-0.18%)
- WTI Crude: $68.25 (-0.26%)
Gold Markets
- Spot Gold: $2,580.39 (-0.7%)
- US Gold Futures: $2,586.50 (-0.8%)
Read More: The Future of the Stock Market: Predictions and Trends
FAQs
Q1: What are the key factors affecting market sentiment today?
US inflation data impact
Federal Reserve rate cut expectations
Donald Trump’s proposed economic policies
Domestic market correction
Rising VIX indicating increased volatility
Foreign investor outflows
Q2: What should investors watch for in the coming days?
WPI data release
Q2 earnings announcements
Global market trends
Federal Reserve commentary
Currency market movements
Institutional investor flows
Technical support levels
