Thursday, 12 November 2026 IPO data updated 4 minutes ago

Indian Markets Likely Flat at Opening as GIFT Nifty Signals Muted Start; Global Cues Weigh on Sentiment

Indian Markets Likely Flat at Opening as GIFT Nifty Signals Muted Start; Global Cues Weigh on Sentiment

Indian equity markets are poised for a cautious start on Friday, with GIFT Nifty futures indicating a muted or flat opening ahead of the cash session. Weak global cues, particularly from the US and Asian markets, have dampened early investor sentiment.

On Thursday, both key domestic indices, the Sensex and Nifty, witnessed sharp volatility and ended lower. Broad selling pressure erased a three-day rally, reflecting a risk-off mood among traders amid rising geopolitical tensions and mixed macro signals.

Major sectors such as autos, consumer durables, media, and capital goods recorded notable declines, while a few defensive stocks managed to eke out gains. The market’s total capitalization shrank as investors exited risk assets.

In early trading, select stocks including ABB India, Zydus Lifesciences, CIE Automotive India, Novartis India, Texmaco Rail & Engineering, and Waaree Energies are drawing heightened attention due to volume and price moves.

Market participants are now watching key technical levels for support and resistance, with analysts suggesting that breach of crucial zones may define the next trend for the Nifty 50 index. Continued global headwinds, especially from the Middle East and US markets, are expected to keep volatility elevated.

Overall, the sentiment heading into the session remains cautious, with traders balancing domestic fundamentals against external uncertainties.

This news is for information only and is not investment advice. Please do your own research before making investment decisions.