Indian stock markets head for cautious start as GIFT Nifty signals muted open

Market Opening

Indian stock markets are likely to open on a negative note on Friday, November 13, 2026, as the GIFT Nifty signalled a muted start for both the Sensex and Nifty 50. Gift Nifty was trading around the 25,266.50 level, down nearly 34.50 points or 0.12 percent from the Nifty futures' previous close. Meanwhile, Asian markets mostly opened higher in early trading, though US stocks saw a down day amid the Nvidia saga.

Recent Trading

Indian benchmark indices Sensex and Nifty closed marginally higher on Thursday, extending their gains for the third consecutive session, supported by foreign fund inflows and lower crude oil prices. The 30-share BSE Sensex rose 31.61 points, or 0.04 percent, to close at 81,911.01, touching an intraday high of 82,325.61 and a low of 81,576.15. The NSE Nifty 50 gained 44.30 points, or 0.18 percent, to settle at 25,299.35. Pabitro Mukherjee, Deputy Vice President-Research at Bajaj Broking, noted that the broader bias remained positive despite a choppy session during the weekly Sensex expiry and a marginal depreciation in the rupee.

Global Cues

Wall Street indices ended lower on Thursday as Nvidia concerns weighed on sentiment. The Dow Jones Industrial Average shed nearly 200 points, the Nasdaq Composite declined 0.35 percent, and the S&P 500 fell 0.4 percent. In contrast, several Asian markets rallied strongly on Friday morning. South Korea's KOSPI index advanced 2.20 percent to 5,460.37, Japan's Nikkei 225 rose over 2 percent to 61,853.14, and Taiwan's TAIEX index rallied over 3 percent to 44,341.85.

Context

Stock market indices track the daily performance of leading shares to gauge the health of the wider economy and investor confidence. Movements in global technology stocks, crude oil prices, and foreign institutional investments frequently influence trading sentiment in emerging markets like India.