Share Market News

GIFT Nifty:

GIFT Nifty December 2025 futures was up 5 points, indicating a muted opening for the Nifty 50 today.

Investors await the Reserve Bank of India’s Monetary Policy Committee decision, which will be released this morning.

Market participants are also looking ahead to the US Personal Consumption Expenditure data scheduled for release on Friday, which could influence Fed policy.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 1,944.19 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,661.05 crore in the Indian equity market on 4 December 2025, provisional data showed.

The FIIs have sold shares worth Rs 10,764.90 crore so far in December. This follows their cash sales of Rs 17,500.31 crore in November and Rs 2,346.89 crore in October.

Global Markets:

Asian indices were mixed on Friday, taking cues from Wall Street’s largely flat finish as traders weighed growing expectations of a Federal Reserve rate cut.

US equities ended largely unchanged overnight, supported by firm bets that the Fed will ease policy next week while investors await a key inflation reading. The Dow Jones Industrial Average slipped 0.07%, the S&P 500 rose 0.11% and the NASDAQ Composite added 0.22%.

The probability of a 25-basis-point cut at the Fed's December 9-10 meeting has risen, with futures now pricing in about an 87% chance.

Fresh labour data added to the uncertainty. Weekly jobless claims fell sharply by 27,000 to a seasonally adjusted 191,000, the lowest since September 2022, though holiday-related distortions may have amplified the decline. Earlier in the week, ADP reported a 32,000 drop in private-sector payrolls, the steepest fall in more than two and a half years. Challenger, Gray & Christmas noted that announced job cuts dropped sharply in November, although hiring plans remained subdued.

These indicators arrive against the backdrop of an unprecedented 43-day government shutdown that postponed the Bureau of Labor Statistics’ official jobs report, now expected only after the Fed's policy decision.

In corporate news, Hewlett Packard Enterprise shares fell 9% in after-hours trade after the company missed fourth-quarter revenue expectations, reporting $9.68 billion against the consensus estimate of $9.94 billion.

Domestic Market:

Key equity indices posted modest gains Thursday, breaking a four-day losing streak. Sentiment, however, remained fragile as the weak rupee, steady FII outflows and uncertainty ahead of the RBI’s policy decision kept investors cautious. Volatility increased due to the weekly derivatives expiry, while firm crude prices added pressure by stoking concerns over higher import costs and inflation. Traders also monitored Russian President Vladimir Putin's India visit on 4 and 5 December. The Nifty held above 26,000, supported by strength in IT and FMCG stocks.

The S&P BSE Sensex, advanced 158.51 points or 0.19% to 85,265.32. The Nifty 50 index added 47.75 points or 0.18% to 26,033.75. In the past four trading sessions, the Nifty and Sensex declined 0.88% and 0.72%, respectively.

GIFT Nifty:

GIFT Nifty December 2025 futures were down 9.50 points (or 0.04%) in early trade, suggesting a possible red opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 3,206.92 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,730.41 crore in the Indian equity market on 03 December 2025, provisional data showed.

The FIIs have sold shares worth Rs 8,020.53 crore so far in December. This follows their cash sales of Rs 17,500.31 crore in November and Rs 2,346.89 crore in October.

Global Markets:

Asia market traded mixed on Thursday, after Wall Street gained on the latest jobs data that raised hopes the Federal Reserve could cut interest rates next week.

Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions in October, and well below the 40,000 increase that was widely reported.

Markets are reportedly pricing in an 89% chance of a cut when the Federal Reserve meets on Dec. 9-10, significantly higher than rate-cut bets just a couple of weeks ago.

Overnight, the Dow Jones Industrial Average gained 408.44 points, or 0.86%, to finish at 47,882.90. The S&P 500 traded up 0.30% to end the day at 6,849.72, while the Nasdaq Composite added 0.17% to settle at 23,454.09.

Stocks with exposure to the artificial intelligence trade were the biggest drag on U.S. key benchmarks Wednesday stateside, after a media report stated that Microsoft was cutting software sales quotas tied to artificial intelligence.

Microsoft reportedly refuted the claims in the report, which led the stock to recover slightly in after-hours trading.

Domestic Market:

Key equity indices slipped for the fourth straight session as investors booked profits ahead of the RBI’s policy decision later this week. A weakening rupee and steady FII outflows added to the cautious mood.

Global cues offered little direction, with markets mixed as investors evaluated upcoming policy decisions from the Fed and the ECB amid heightened currency volatility. IPO activity also remained in focus through the day.

The Nifty finished below the 26,000 mark, dragged by sharp losses in PSU banks after the government told Parliament it has no plan to raise the FDI limit in state-run lenders. Consumer Durables and Auto stocks also retreated. IT shares, however, bucked the pressure, gaining ground on the back of the softer rupee.

The S&P BSE Sensex declined 31.46 points or 0.04% to 85,106.81. The Nifty 50 index fell 46.20 points or 0.18% to 25,986. In three trading sessions, the Sensex slipped 0.72%, while the Nifty fell 0.88%.

GIFT Nifty:

GIFT Nifty December 2025 futures were down 1.00 points (or 0.00%) in early trade, suggesting a flat opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 3,642.30 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,645.94 crore in the Indian equity market on 02 December 2025, provisional data showed.

The FIIs have sold shares worth Rs 4,813.61 crore so far in December. This follows their cash sales of Rs 17,500.31 crore in November and Rs 2,346.89 crore in October.

Global Markets:

Asia-Pacific markets were mostly higher Wednesday, after Wall Street saw a tech-fueled recovery and a cryptocurrency rally.

Bitcoin climbed over 7% to cross the $90,000 mark in overnight trading after a sharp sell-off a day earlier.

South Korea’s revised third-quarter GDP numbers indicated that country’s economy grew at 1.8% year on year, compared to 1.7% in the initial estimate, data from the central bank showed Wednesday.

Australia’s GDP expanded 2.1% year on year, marking its strongest expansion since the third quarter of 2023, but fell short of the widely reported 2.2% expected growth rate.

U.S. stock futures were little changed during early Asia hours after major U.S. indexes recovered some losses from the previous session.

Overnight in the U.S., the Dow Jones Industrial Average gained 0.39%, while the S&P 500 climbed 0.25% and the Nasdaq Composite advanced 0.59%.

Domestic Market:

Key equity benchmarks fell sharply today, extending their losing streak to a third straight session. Sentiment weakened as the rupee slipped and FII outflows continued. Global cues were also soft. US market closed lower on rising Treasury yields, while Asian market posted only a mild rebound.

Expectations of an RBI rate cut faded after strong GDP data, and uncertainty around US-India trade added to the caution. The Nifty closed below 26,050, dragged down by banks and financials. The NSE's sectoral index realignment under SEBI's new rules triggered corrections in major banking counters.

The S&P BSE Sensex declined 503.63 points or 0.59% to 85,138.27. The Nifty 50 index lost 143.55 points or 0.55% to 26,032.20. In the past three consecutive trading sessions, the Sensex slipped 0.68%, while the Nifty fell 0.70%.

GIFT Nifty:

GIFT Nifty December 2025 futures were down 15.50 points (or 0.06%) in early trade, suggesting a muted opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 1,171.31 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,558.93 crore in the Indian equity market on 01 December 2025, provisional data showed.

The FIIs have sold shares worth Rs 17,500.31 crore in November. This follows their sale of equities worth Rs 2,346.89 crore in October and Rs 35,301.36 crore in September.

Global Markets:

Benchmark indexes in the broader Asia-Pacific region mostly rose Tuesday, breaking ranks with Wall Street which fell yesterday as crypto sell-off dented market sentiment.

Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1.

"We are also removing tariffs on airplane parts and will ‘un-stack’ Korea’s reciprocal rate to match Japan and the EU,” Lutnick said, according to an X post by the U.S. Department of Commerce.

South Korea’s headline inflation in November rose 2.4% year on year, according to government data Tuesday. Core inflation, which strips out prices of fresh food and energy, rose 2% from a year earlier.

The latest figure is unchanged from October’s inflation rate, supporting the case for the central bank to keep interest rates on hold. The Bank of Korea had kept rates unchanged at 2.5% for a fourth straight meeting last Thursday.

U.S. equity futures were little changed in early Asian hours after all three key benchmarks snapped five-day gain streaks.

Overnight, the S&P 500 lost 0.53% to end at 6,812.63, while the Nasdaq Composite shed 0.38% to finish at 23,275.92. The Dow Jones Industrial Average pulled back by 427.09 points, or 0.9%, to settle at 47,289.33.

Domestic Market:

Key equity indices closed with minor losses, extending their decline for a second straight session. Both the Sensex and Nifty retreated after touching fresh record highs earlier in the day. The rupee fell to a new all-time low, pressured by weak foreign flows and uncertainty surrounding key trade negotiations with the United States.

Caution prevailed ahead of a heavy IPO calendar and the RBI's monetary policy committee meeting later this week. The Nifty slipped below the 26,200 mark, with realty, healthcare and consumer durables stocks under pressure, while auto, metal and IT counters bucked the trend.

The S&P BSE Sensex declined 64.77 points or 0.08% to 85,641.90. The Nifty 50 index lost 27.20 points or 0.10% to 26,175.75. Over the two straight sessions, the Nifty slipped 0.15%, while the Sensex fell 0.09%.

GIFT Nifty:

GIFT Nifty December 2025 futures were down 15.00 points (or 0.06%) in early trade, suggesting a flat opening for the Nifty 50 today.

Parliament is gearing up for a turbulent Winter Session beginning December 1, as a united Opposition demands an immediate debate on the Special Intensive Revision (SIR) of electoral rolls and has cautioned that proceedings could be disrupted if the government does not agree.

The three-week session—featuring 15 sittings—comes in the aftermath of the BJP-led NDA’s sweeping victory in the Bihar Assembly elections, a result expected to embolden the government to re-energise its reform agenda after the largely stalled Monsoon Session.

A packed legislative docket awaits, headlined by the Atomic Energy Bill, 2025, which aims to overhaul the framework governing the use and regulation of atomic energy. The Higher Education Commission of India Bill, along with eight other proposed laws, is also scheduled for consideration.

Meanwhile, the government has already been forced to retreat on its plan to introduce a bill granting the President powers to frame regulations for the Union Territory of Chandigarh, following strong pushback from multiple political parties.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 3,795.72 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,148.48 crore in the Indian equity market on 28 November 2025, provisional data showed.

The FIIs have sold shares worth Rs 17,500.31 crore in November. This follows their sale of equities worth Rs 2,346.89 crore in October and Rs 35,301.36 crore in September.

Global Markets:

Asia market traded mostly in the red on Monday as investors digested the latest manufacturing data from China.

China’s factory activity unexpectedly contracted in November, according to a private survey released Monday, as soft domestic demand continued to cast a pall over the world’s second-largest economy.

The RatingDog China General Manufacturing PMI, conducted by S&P Global, dropped to 49.9 in November, from 50.6 in October and 51.2 in September. A reading above the 50 benchmark level suggests an expansion, while one below that indicates contraction.

However, the official data released on Sunday showed that China’s factory activity had improved slightly in November but remained stuck in contraction for the eighth consecutive month, while services weakened as the boost from earlier holidays faded.

The manufacturing purchasing managers’ index rose to 49.2, up 0.2 points from October, the National Bureau of Statistics said.

On Friday stateside, Wall Street came back from the Thanksgiving holiday for a shortened trading session. The Nasdaq Composite advanced 0.65% to end the day at 23,365.69, scoring its fifth straight day of gains.

Meanwhile, the S&P 500 gained 0.54% to settle at 6,849.09. The Dow Jones Industrial Average grew 289.30 points, or 0.61%, to finish at 47,716.42.

Traders have begun raising their expectations for lower rates since New York Fed President John Williams said last week that there was room for “a further adjustment in the near term to the target range for the federal funds rate.”

A quarter percentage point cut from the Fed in December would mark the central bank’s third in a row after its September and October meetings.

Domestic Market:

The headline equity barometers slipped marginally today, halting a two-day winning streak, as profit booking at elevated levels overshadowed the upbeat Q2 GDP print, which showed the economy expanding by a solid 8.2%.

The Nifty settled below the 26,250 mark. Oil & gas, realty and IT stocks declined, while auto, pharma and media advanced.

The S&P BSE Sensex declined 13.71 points or 0.02% to 85,706.67. The Nifty 50 index lost 12.60 points or 0.05% to 26,202.95.

GIFT Nifty:

GIFT Nifty December 2025 futures were down 9.50 points (or 0.04%) in early trade, suggesting a muted opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 1,255.20 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,940.87 crore in the Indian equity market on 27 November 2025, provisional data showed.

The FIIs have sold shares worth Rs 13,704.59 crore so far in November. This follows their sale of equities worth Rs 2,346.89 crore in October and Rs 35,301.36 crore in September.

Global Markets:

Asia-Pacific markets traded mixed Friday as U.S. stock futures stayed flat over Thanksgiving Day, leaving the Nasdaq Composite on track to end a seven-month winning streak.

Traders in Asia will parse fresh economic data, including Tokyo’s inflation print, a leading indicator of Japan’s broader price trends.

Headline inflation in Japan’s capital eased to 2.7% in October from 2.8% the month before. Core inflation, which strips out prices of fresh food but includes energy prices, came in at 2.8%, slightly higher than the widely reported 2.7% figure. This was above the central bank’s 2% target, boosting the case for a near-term rate hike.

Overnight in the U.S., all three major indexes were little changed. Dow Jones Industrial Average futures rose just 10 points. S&P 500 futures and Nasdaq-100 futures traded just above the flatline.

Stocks are on pace for a losing month when trading resumes on Friday. A pullback in tech stocks has weighed on the major averages in November, as doubt swirled around the future profitability of AI companies.

Yet some investors are hopeful that this month’s slide will signal a year-end rally for the major averages, as they step in to buy stocks that have been unduly punished at more attractive valuations.

U.S. markets were closed Thursday for Thanksgiving Day. The stock market will close early at 1 p.m. ET on Friday.

Domestic Market:

The key equity indices ended with modest gains, extending their advance for a second straight session. The Sensex and Nifty touched fresh record highs during the day before easing off toward the close.

A large part of the mid-cap and small-cap universe remained in a corrective or fragile zone. Investors are focused on tomorrow’s domestic GDP data and key events such as the US-India trade discussions and the upcoming RBI policy meeting, all of which could influence near-term market direction. The Nifty closed above 26,200, supported by strength in banking and financial stocks.

The S&P BSE Sensex jumped 110.87 points or 0.13% to 85,720.38. The Nifty 50 index rose 10.25 points or 0.04% to 26,215.55.

GIFT Nifty:

GIFT Nifty December 2025 futures were up 17 points (or 0.02%) in early trade, suggesting a mildly positive opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 4,778.03 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 6,247.93 crore in the Indian equity market on 26 November 2025, provisional data showed.

The FIIs have sold shares worth Rs 12,449.39 crore so far in November. This follows their sale of equities worth Rs 2,346.89 crore in October and Rs 35,301.36 crore in September.

Global Markets:

Asia-Pacific markets advanced Thursday after Wall Street gained overnight as Fed rate-cut hopes rose and tech stocks rebounded.

The Bank of Korea kept its benchmark interest rate unchanged at 2.5% for a fourth consecutive policy meeting, amid a weakened local currency and overheated housing market. The Korean won has weakened against the greenback in recent months to its lowest level since April.

China’s industrial profits in October plunged 5.5% from a year earlier, government data showed Thursday. Profits for the first 10 months of the year rose 1.9% year on year, compared to the 3.2% rise in the January to September period.

Overnight, the key indexes in the U.S. logged four straight days of gains on rising hopes for a Federal Reserve interest rate cut in December. Investors reportedly expect an 85% chance of a quarter-percentage-point rate cut in December, up from 30% last week.

In yesterday’s session, the Dow Jones Industrial Average gained 314.67 points, or 0.67%, to finish at 47,427.12. The S&P 500 climbed 0.69% to settle at 6,812.61, while the Nasdaq Composite increased 0.82% to close at 23,214.69.

Domestic Market:

The domestic equity benchmarks ended with robust gains today, snapping a three-day losing streak. The Nifty closed above the 26,200 mark, supported by strong buying in metals, consumer durables and energy stocks. All NSE sectoral indices ended in the green, reflecting broad-based participation.

Sentiment improved as hopes of a US Federal Reserve rate cut strengthened. Global markets rallied, crude oil prices eased, and foreign investors returned to buying. Earnings weakness also appears to be bottoming out, adding to the positive tone.

Investors are also positioning ahead of the Reserve Bank of India's final policy meeting of the year on December 3–5, where a 25-bps repo rate cut is widely expected. The expectation is driven by repeated downside surprises in headline CPI inflation.

The S&P BSE Sensex surged 1,022.50 points or 1.21% to 85,609.51. The Nifty 50 index jumped 320.50 points or 1.24% to 26,205.30. In the past three consecutive trading sessions, the Sensex dropped 1.22% while the Nifty fell 1.17%.

GIFT Nifty December 2025 futures were down 4 points (or 0.02%) in early trade, suggesting a muted opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 785.32 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,912.47 crore in the Indian equity market on 25 November 2025, provisional data showed.

The FIIs have sold shares worth Rs 17,227.42 crore so far in November. This follows their sale of equities worth Rs 2,346.89 crore in October and Rs 35,301.36 crore in September.

Global Markets:

Asia-Pacific markets opened higher Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December.

In Australia, the consumer price index rose 3.8% year on year in October, the fastest pace since adopting a new headline inflation measure in April, according to the official release. The largest contributor to the elevated inflation was the housing sector, which saw prices rise 5.9%.

Data for September retail sales and wholesale inflation landed Tuesday, several weeks delayed by the recent US government shutdown.

In US, the September wholesale inflation rose by 0.3%, keeping the annual level at 2.7%, according to the Bureau of Labor Statistics. Retail sales rose 0.2% in September, but after factoring in the 0.3% increase in prices that month, spending was actually down 0.1%.

Core producer price index (PPI) rose just 0.1% in September, which brought the annual rate to 2.6%, the lowest since July 2024. The consumer confidence declined sharply in November to a reading of 88.7, the lowest level since April,

Overnight in U.S, the Dow Jones Industrial Average index advanced 664.18 points, or 1.43%, to close at 47,112.45. The S&P 500 gained 0.91% to settle at 6,765.88, while the Nasdaq Composite climbed 0.67% to finish at 23,025.59.

Domestic Market:

The domestic market slipped for a third consecutive session, closing with moderate losses after a volatile day shaped by monthly derivatives expiry. A softer rupee and persistent FII selling kept investors on edge, while traders stayed cautious ahead of the upcoming FOMC meeting and uncertainty surrounding the interim US-India trade agreement.

The S&P BSE Sensex, tumbled 313.70 points or 0.37% to 84,587.01. The Nifty 50 index fell 74.70 points or 0.29% to 25,884.80. In three consecutive trading sessions, the Sensex dropped 1.22% while the Nifty fell 1.17%.

GIFT Nifty:

GIFT Nifty November 2025 futures were trading with a cut of 5.00 points (or 0.02%) in early trade, suggesting a muted opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 4,171.75 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,512.87 crore in the Indian equity market on 24 November 2025, provisional data showed.

The FIIs have sold shares worth Rs 18,012.74 crore so far in November. This follows their sale of equities worth Rs 2,346.89 crore in October and Rs 35,301.36 crore in September.

Global Markets:

Asian equities advanced on Tuesday as growing expectations of a December rate cut by the U.S. Federal Reserve lifted sentiment, while investors continued to rotate into global technology stocks despite mounting concerns of overheating in the sector.

Rate-cut bets strengthened after Fed Governor Christopher Waller signalled that current data still points to a sufficiently soft labor market, supporting the case for another 25 bps policy easing.

Tech momentum also accelerated as optimism around AI resurfaced. Alphabet jumped 6.31% on Monday following the announcement of its upgraded AI model, Gemini 3, while other AI-linked names such as Broadcom and Micron Technology also rallied, extending Friday’s broader rebound.

On Wall Street, stocks posted strong gains across the board on Monday, starting a shortened trading week off strong.

Overnight, the S&P 500 rose 1.55% to close at 6,705.12, while the Nasdaq Composite jumped 2.69% to settle at 22,872.01. It was the tech-heavy index’s best day since May 12, when it rose 4.35%. The Dow Jones Industrial Average climbed 202.86 points, or 0.44%, to end at 46,448.27.

Traders continue to watch for any news that can affect the Federal Reserve’s upcoming monetary policy decision. Markets are reportedly pricing a very high probability of a quarter percentage point cut from the Fed in December.

Domestic Market:

The domestic equity benchmarks slipped for a second straight session as profit booking and caution ahead of the US Fed’s December policy outlook kept sentiment muted. Traders also stayed guarded amid uncertainty over the interim US-India trade agreement. The Nifty closed below 26,000, weighed down by metal and consumer durables stocks. However, selective buying in IT names helped cap the losses.

Global markets were more upbeat as expectations of a December Fed rate cut strengthened following softer signals from US employment data. Domestically, supportive macro indicators such as strong GDP growth, controlled inflation, steady oil prices and a healthy H2 earnings outlook continued to offer underlying stability.

The S&P BSE Sensex tumbled 331.21 points or 0.39% to 84,900.71. The Nifty 50 index fell 108.65 points or 0.42% to 25,959.50. In two consecutive trading sessions, the Sensex fell 0.85% while the Nifty lost 0.89%.

GIFT Nifty:

GIFT Nifty November 2025 futures were trading with a cut of 29.00 points (or 0.11%) in early trade, indicating that the Nifty 50 could open in the red today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 1,766.05 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,161.61 crore in the Indian equity market on 21 November 2025, provisional data showed.

Global Markets:

Asia-Pacific markets began the week higher on Monday, driven by strengthening expectations of a Federal Reserve interest rate cut in December, despite continued division among policymakers regarding such a move.

The anticipation of future catalysts drove market activity. Investors are looking ahead to the release of key economic indicators later in the week, specifically U.S. retail sales and producer prices data. Furthermore, British finance minister Rachel Reeves is scheduled to unveil her highly-anticipated budget this week.

Geopolitical developments were also central to trading sentiment. Oil prices faced downward pressure after the United States and Ukraine announced the creation of an "updated and refined peace framework" aimed at ending the war with Russia, raising hopes for a potential boost in global oil supply.

On Wall Street, major averages rebounded on Friday, with the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 all closing higher.

The Dow Jones Industrial Average gained 493.15 points (1.08%) to close at 46,245.41. The Nasdaq Composite advanced 0.88% to settle at 22,273.08. The S&P 500 finished 0.98% higher at 6,602.99.

The surge followed comments from New York Federal Reserve President John Williams, who suggested the central bank might cut interest rates again this year. Williams indicated that labor market weakness now poses a greater threat to the economy than elevated inflation, making further rate cuts a possibility.

The Fed has just one meeting remaining in 2025, scheduled for December 9-10, with the current target rate range standing at 3.75% to 4.00%.

The recent record U.S. government shutdown, which concluded earlier this month, has complicated the outlook for U.S. rates. Policymakers are grappling with significant data gaps that would normally inform their view of the world's largest economy.

This issue was highlighted when the U.S. Bureau of Labor Statistics announced on Friday that it had cancelled the release of October's consumer price report because the shutdown prevented the necessary data collection.

Domestic Market:

The domestic equity markets ended lower on Friday as profit-taking emerged on domestic bourses after a two-day winning streak. Across the board selling led the Nifty to close below the 26,100 level. Barring FMCG, all other sectoral indices ended in the red with capital goods, realty, PSU Bank, metal recording significant decline.

The S&P BSE Sensex tumbled 400.76 points, or 0.47%, to 85,231.92, while the Nifty 50 fell 124 points, or 0.47%, to 26,068.15.

GIFT Nifty:

GIFT Nifty November 2025 futures were trading with a gain of 53.50 points (or 0.20%) in early trade, indicating that the Nifty 50 could open with some gains today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 283.65 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 824.46 crore in the Indian equity market on 20 November 2025, provisional data showed.

Global Markets:

Asian shares extended a global rout on Friday as the much-anticipated U.S. jobs data failed to provide clarity on the near-term path for interest rates, with investors returning to dumping risk assets.

On the data front, Japan’s core inflation in October rose at its sharpest rate since July, in line with market estimates on Friday, supporting the case for interest rate hikes by the Bank of Japan.

The headline inflation rate rose to 3%, marking the the 43rd month in a row that it has run above the BOJ’s 2% target. The core-core inflation rate, which strips out prices of fresh food and energy, crept up to at 3.1%, compared to 3% in September.

Wall Street dived overnight as jitters over inflated tech stock prices returned, resulting in the Nasdaq's widest one-day swing since April 9 when President Donald Trump's "Liberation Day" tariffs spooked markets.

On Thursday stateside, the Nasdaq Composite fell 2.16%, down from a 2.6% advance at one point in the session.

Other major indexes also slipped, with the Dow Jones Industrial Average down 0.84%. The S&P 500 shed 1.56%, despite rising as much as 1.9% earlier in the day.

Data showed the U.S. economy added far more jobs than expected in September, but a rise in the unemployment rate and downward revisions to prior months painted an ambiguous picture for the Federal Reserve as it considers whether or not to cut interest rates next month.

The US economy added 119,000 jobs in September 2025, despite the US federal government shutdown, according to the Bureau of Labor Statistics data released on 20 November 2025.

The US unemployment rate rose to 4.4% with the number of unemployed people at 7.6 million as of the month ended September 2025, compared to the 4.1% jobless rate with 6.9 million people in the same period a year ago.

Domestic Market:

Equity benchmarks finished with strong gains on Wednesday as a surge in IT stocks, fuelled by positive signals on the US India trade deal, lifted market sentiment. After a sluggish start amid weak global cues, the indices gathered momentum through the session and pushed the Nifty past the 26,000 mark. Investors now await tomorrow's FOMC minutes for clues on the US rate outlook.

The Sensex rose 513.45 points or 0.61% to end at 85,186.47, while the Nifty advanced 142.60 points or 0.55% to close at 26,052.65. HCL Technologies (up 4.32%), Infosys (up 3.74%) and ICICI Bank (up 0.82%) were among the key contributors to the gains.

GIFT Nifty:

GIFT Nifty November 2025 futures were trading with a gain of 71.00 points (or 0.27%) in early trade, indicating that the Nifty 50 could open in the green today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 1,580.72 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,360.27 crore in the Indian equity market on 19 November 2025, provisional data showed.

Global Markets:

Asia-Pacific markets rose Thursday, as chip shares rallied after Nvidia’s stronger-than-expected earnings and bullish forecast appeared to reinforce confidence in the global AI trade and boost the broader market.

Shares of the chip giant jumped more than 4% in extended trading after its fiscal third-quarter earnings beat earnings and revenue expectations. The AI chip maker also gave a stronger-than-expected fourth-quarter sales forecast, with CEO Jensen Huang saying demand for its current-generation Blackwell chips is “off the charts.”

U.S. equity futures edged higher in early Asian hours after Nvidia’s upbeat guidance, which likely lifted investor sentiment around the AI trade, following recent sessions that reflected fears about elevated valuations, debt financing, and potential chip depreciation.

On Wall Street, stocks closed mostly higher on Wednesday as Wall Street recovered some ground from tech-led sell-off.

The S&P 500 gained 0.38% to close at 6,642.16, snapping a four-day losing streak, while the Nasdaq Composite advanced 0.59% to settle at 22,564.23. The Dow Jones Industrial Average climbed 47 points, or 0.1%, to finish at 46,138.77.

Latest meeting minutes released on Wednesday showed that the Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats.

While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook for December, with officials expressing skepticism about the need for an additional reduction that markets had been widely anticipating, with “many” saying that no more cuts are needed at least in 2025.

The minutes did note that “most participants” saw further cuts likely in the future, though not necessarily in December.

The minutes also discussed the balance sheet aspect of policy. The FOMC agreed to stop the reduction of Treasury and mortgage-backed securities in December, a process that has shaved more than $2.5 trillion off the balance sheet, which is still around $6.6 trillion. There appeared to be widespread approval for the halting of a process known as quantitative tightening.

Domestic Market:

Equity benchmarks finished with strong gains on Wednesday as a surge in IT stocks, fuelled by positive signals on the US India trade deal, lifted market sentiment. After a sluggish start amid weak global cues, the indices gathered momentum through the session and pushed the Nifty past the 26,000 mark. Investors now await tomorrow's FOMC minutes for clues on the US rate outlook.

The Sensex rose 513.45 points or 0.61% to end at 85,186.47, while the Nifty advanced 142.60 points or 0.55% to close at 26,052.65. HCL Technologies (up 4.32%), Infosys (up 3.74%) and ICICI Bank (up 0.82%) were among the key contributors to the gains.

GIFT Nifty:

GIFT Nifty November 2025 futures were trading with a gain of 3.00 points (or 0.01%) in early trade, suggesting a muted opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 728.82 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 6,156.83 crore in the Indian equity market on 18 November 2025, provisional data showed.

Global Markets:

Asian market traded mixed Wednesday, tracking Wall Street declines as concerns about artificial intelligence valuations continued to pressure tech stocks.

In Japan, concern over ballooning government spending plans has sent long-end bonds sliding and yields to record highs.

A 20-year auction later on Wednesday will be closely watched and benchmark 10-year yields hit a 17-year top of 1.765%.

On Wall Street, stocks fell again on Tuesday as technology shares continued to retreat on concerns about valuations of artificial intelligence-related stocks.

The Dow Jones Industrial Average shed 498.50 points, or 1.07%, to settle at 46,091.74. The S&P 500 lost 0.83% to end the day at 6,617.32. It was the broad-based index’s fourth straight losing session, making for its longest slide since August.

The Nasdaq Composite decreased 1.21% to finish at 22,432.85. At their lows of the session, the blue-chip Dow was lower by nearly 700 points, or 1.5%, while the S&P 500 and tech-heavy Nasdaq had fallen 1.5% and 2.1%, respectively.

A big AI partnership announced Tuesday failed to lift related stocks like such deals have in the past. AI-startup Anthropic said it will spend $30 billion with Microsoft and, in turn, Microsoft and Nvidia will invest billions in Anthropic. Nvidia and Microsoft remained deep in the red following the deal.

Simultaneously doubts are growing that the U.S. will cut interest rates again in December and investors worry that U.S. President Donald Trump's falling approval rating could drive fiscal spending and possibly stoke inflation.

Domestic Market:

The headline equity indices slipped on Tuesday, ending a six-session rally. Weak global markets sparked profit booking as hopes of a U.S. Fed rate cut in December faded, dampening sentiment. Investors also turned cautious ahead of this week’s U.S. jobs data, which is expected to guide the Fed’s policy outlook.

Tuesday’s session saw added volatility due to the weekly derivatives expiry. The mood eased even though reports suggested progress in negotiations on a possible India-U.S. trade pact. The Nifty closed below 25,950, weighed down by IT and metal stocks.

The S&P BSE Sensex declined 277.93 points or 0.33% to 84,673.02. The Nifty 50 index lost 103.40 points or 0.40% to 25,910.05. In the past six consecutive sessions, the Sensex rose 2.08% while the Nifty added 2.04%.

GIFT Nifty:

GIFT Nifty November 2025 futures were trading with a cut of 27.50 points (or 0.11%) in early trade, suggesting a negative opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 442.17 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,465.86 crore in the Indian equity market on 17 November 2025, provisional data showed.

Global Markets:

Asia-Pacific markets fell Tuesday, following a tech-led slide on Wall Street.

Overnight in the U.S., stocks pulled back, plagued once again by declines in tech, as Wall Street awaited key releases this week, including Nvidia earnings and the September jobs report.

The Dow Jones Industrial Average lost 557.24 points, or 1.18%, to close at 46,590.24, as losses in the artificial intelligence chip darling, along with Salesforce and Apple, pushed the blue-chip index lower. The S&P 500 sank 0.92% to end the day at 6,672.41, while the Nasdaq Composite tumbled 0.84% to settle at 22,708.07.

The AI sector faced market pressure, with Nvidia dropping nearly 2% ahead of its third-quarter results scheduled for Wednesday after the market close. This decline, shared by other AI-related stocks, reflected growing investor anxiety regarding stretched valuations within the chipmaker and related technology companies.

The concern also impacted financial institutions linked to the sector. Blue Owl Capital, a private credit lender, shed nearly 6% amid worries surrounding its substantial lending exposure to the ongoing AI data center buildout.

Domestic Market:

The headline equity indices closed higher today, marking their sixth straight session of gains. The market recovered on support from the Reserve Bank of India’s new relief measures for exporters hit by recent tariff disruptions. Investors also reacted positively to a firm close to the Q2 earnings season.

Sentiment improved further as participants monitored progress toward a possible India-US trade agreement. The Nifty ended above the 26,000 mark. PSU banks, autos and consumer durables logged strong buying interest, while broader market remained supportive.

The S&P BSE Sensex advanced 388.17 points or 0.46% to 84,950.95. The Nifty 50 index rallied 103.40 points or 0.40% to 26,013.45. In six consecutive trading sessions, the Sensex rose 2.08% while the Nifty added 2.04%.

GIFT Nifty:

GIFT Nifty November 2025 futures were trading with a gain of 5.50 points (or 0.02%) in early trade, suggesting a flat opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 4,968.22 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 8,461.47 crore in the Indian equity market on 14 November 2025, provisional data showed.

Global Markets:

Asia-Pacific markets opened on a mixed note Monday as investors weighed escalating tensions between Japan and China, following Beijing’s advisory cautioning its citizens about travelling to or studying in Japan.

The rising feud between the countries over Taiwan resulted in significant selling in Japan’s tourism and retail stocks today. China has consistently ranked among the top sources of tourists visiting Japan.

The escalation came after comments this month by Prime Minister Sanae Takaichi of Japan about Taiwan, a self-governed democracy that China considers part of its territory. Ms. Takaichi told the Japanese Parliament that a hypothetical Chinese attack on Taiwan could trigger a military response from Tokyo.

On Friday, the Chinese Embassy in Tokyo warned its citizens against traveling to Japan because of what it described as serious safety risks. China did not provide evidence, but the warning could affect an important part of Japan’s tourism economy.

Japan's Prime Minister Sanae Takaichi, who has been a vocal critic of China and its military activities in the region, suggested this month Tokyo could take military action if Beijing attacked Taiwan.

On the data front, Japan's economy contracted by a smaller-than-expected 0.4% in the quarter ended September, compared to the previous one.

Traders also monitored key regional data, including Thailand’s Q3 GDP report and Singapore’s latest trade balance numbers.

In the U.S. on Friday, the Nasdaq Composite staged a modest recovery as buyers returned to major tech names after the sector had driven Wall Street to its sharpest decline in over a month the previous session.

The tech-heavy Nasdaq gained 0.13% to finish at 22,900.59, snapping a three-day losing streak. The S&P 500 finished near the flatline, down just 0.05% at 6,734.11, while the Dow Jones Industrial Average lost 309.74 points, or 0.65%, to settle at 47,147.48.

All three indices had earlier rebounded from deeper intraday losses, with the Nasdaq and S&P 500 down as much as 1.9% and 1.4%, and the Dow off nearly 600 points (1.3%).

Domestic Market:

Domestic equity benchmarks closed with minor gains on Friday, extending their winning streak to a fifth straight session. The market spent most of the day in the red as weak global cues and persistent foreign fund outflows weighed on sentiment.

A sharp rebound in the last half hour, driven by strong buying in PSU bank stocks, helped the Sensex and Nifty50 claw back losses and finish in positive territory.

Investor mood also improved after the NDA’s sweeping victory in the Bihar Election 2025, which added a fresh dose of political stability hopes.

The Nifty 50 ended above the 25,900 mark, supported by gains in PSU banks, pharma, and FMCG counters. In contrast, IT, metal, and auto stocks came under pressure and capped the upside.

The S&P BSE Sensex added 84.11 points or 0.10% to 84,562.78. The Nifty 50 index rose 30.90 points or 0.12% to 25,910.05. In five consecutive trading sessions, the Sensex rose 1.61% while the Nifty added 1.63%.