Indian markets set for lower opening as inflation hits 6.09% (13 Nov)
- India's retail inflation reached 6.09% in October, surpassing the RBI's tolerance limit.
- Gift Nifty signals a negative opening for Indian equity markets on Friday.
- US markets declined on Thursday, partly due to a slump in Nvidia shares.
- Brent crude oil prices remain elevated at $95.69 per barrel.
- Sensex is trading at 81,911.01 points as of early Friday morning.
Indian equity markets are expected to open lower on Friday, November 13, as investors react to domestic retail inflation and the potential for tighter monetary policy.
The GIFT Nifty on the NSE IX fell 44 points, or 0.17%, to 25,257. An alternative indicator placed the index at 25,252, representing a discount of 56 points compared to the previous Nifty futures close.
Foreign institutional investors purchased ₹7,212.22 crore worth of Indian equities on November 9.
Foreign institutional investors have net invested ₹53,739 crore in Indian equities during the first 9 days of November 2026. Energy rates have decreased 12% over the last month, but remain 3% higher over the last three months and 41% higher over the last year.
US 10-year Treasury yields reached 5% on November 12 following US consumer price index data showing a 0.4% increase in October. This October inflation figure exceeded the 0.3% estimate.
Traders who incurred net losses spent an additional 28% of those losses on transaction costs, while profitable traders spent between 15% and 50% of their net profits on transaction costs.
Business journalist Anubhav Mukherjee, who holds a diploma from the Asian College of Journalism, covers equity markets, corporate developments, and commodities.
Retail inflation breaches RBI tolerance limit at 6.09%
India's retail inflation, measured by the consumer price index, rose to 6.09% in October, ndtvprofit.com reported.
The retail inflation rate was 5.54% in September, according to ndtvprofit.com.
Sensex and Nifty 50 show resilience despite profit-booking
Indian equity benchmarks closed slightly higher on Thursday, 12 November, as investors took profits at elevated levels. The Nifty 50 index closed near the 25,300 level in the previous trading session.
On 9 November, the Nifty 50 closed at 25,044.65 points, a 0.23% increase, and the BSE Sensex closed at 81,106.65 points, a 0.13% increase. Indian markets were closed on 10 November for the Diwali-Balipratipada holiday.
As of 7:58 am IST on 13 November 2026, the BSE Sensex trades at ₹81,911.01, marking an increase of 31.61 points or 0.04%. The index recorded a previous close of ₹81,879.40, with a day high of ₹82,325.61 and a day low of ₹81,576.15.
Global market trends show mixed performance
US equity markets closed lower on Thursday, 12 November, with the Dow Jones Industrial Average falling 0.36% to 52,297.09, the S&P 500 dropping 0.35% to 7,592.40, and the Nasdaq Composite decreasing 0.39% to 25,366.09. The decline followed a slump in Nvidia shares. On 10 November, US markets also closed lower, with the Dow falling 0.30% to 52,231.89, the S&P 500 dropping 0.38% to 7,520.93, and the Nasdaq 100 decreasing 0.60% to 27,740.80.
On 11 November, Asian markets showed mixed results, with Japan's Nikkei 225 rising 1.2%, China's Shanghai Composite increasing 0.03%, KOSPI rising 1.32%, and the Hong Kong-based Hang Seng falling 0.72%.
Crude oil prices remain elevated amid geopolitical tensions
Brent oil prices had gained 3.3% in the previous session following comments from US President Donald Trump that the US might forgo a deal with Iran.
On 11 November, Brent crude oil declined 1.44% to an early low of $90.75 per barrel, and traded at $91.97 per barrel at 7:34 am IST. Regarding the situation in Iran, US President Donald Trump stated that the US-Iran war is at "status quo" on 11 November.
Gold prices hover near one-year low
Gold prices are trading near a one-year low due to increased expectations of a Federal Reserve rate hike.
Market expert advises selective approach
Regarding geopolitical tensions, US Secretary of State Marco Rubio stated at a G7 meeting on 11 November that there is "no need for major combat operations" in Iran.
Frequently Asked Questions
- Stock Market Today: Gift Nifty, CPI Inflation To Oil Prices; Five Key Factors That May Drive Sensex, Nifty 50 On Nov 13 (ndtvprofit.com)
- Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a negative start; Asian shares trade higher (economictimes.indiatimes.com)
- GIFT NIFTY futures indicate gap-up open on November 11; what investors need to track before market opens (upstox.com)
Add NewsPulse Time as a preferred source on Google