Sensex & Nifty 50 | Stock Market Highlights 12 November: Nifty Closes Higher; Bank Nifty Gains 1.19%, Realty Jumps 4.51%
Key Highlights
Indian Market Closing: Indian benchmarks ended marginally higher, with the Nifty 50 closing at 25,299.35, up 0.18%, while the Sensex gained 0.04% to 81,911.01. Bank Nifty advanced 1.19%, while Realty surged 4.51% and Media gained 2.46%, offsetting losses in auto, FMCG and IT stocks.
Crude Oil Prices: WTI crude declined 0.84% to $85.81 per barrel, extending its monthly fall to 8.85% amid stalled US-Iran negotiations and concerns over global supply.
USD/INR: The Indian rupee traded around ₹93.92 against the US dollar. Investors will monitor dollar movements, foreign fund flows and crude oil prices for further currency direction.
MCX Gold and Silver: MCX gold futures traded around ₹1,38,993 per 10 grams, down approximately 0.52%, while silver declined 1.03% to ₹1,82,632 per kg. Precious metals remained under pressure amid stronger US inflation data and expectations of further Fed rate hikes.
Q2 FY27 Results Tomorrow (November 13): Several prominent companies, including Eicher Motors, Tata Motors Passenger Vehicles, Grasim Industries, ABB India, Rail Vikas Nigam (RVNL), Godrej Industries, Inox Wind, Natco Pharma, Jubilant Pharmova, Deepak Fertilisers and Senco Gold, are scheduled to announce their September-quarter results.