Today Stock Market Outlook: Global Indices Signal Mixed Start Amid Economic Data

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.

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

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