Nifty and Sensex close higher as US markets decline (13 Nov)

Nifty futures and options signal trading range

Nifty November futures traded flat at 25,314 on Thursday, maintaining a 15-point premium.

For the November 17, 2026, expiry, market data shows maximum call open interest at the 26,000 level. Meanwhile, the maximum put open interest stands at the 24,000 level.

Infrastructure and energy firms announce major investments

Infrastructure and energy companies announced several large-scale capital expenditure plans on Thursday. NBCC (India) signed a memorandum of understanding with the West Bengal government for development projects. Clean Max Enviro committed to invest ₹50,000 crore in an Andhra Pradesh clean energy complex to support a 2 GW compute factory. GAIL and Krishak Bharati Cooperative agreed to construct a 1.27 million metric tonnes per annum urea plant in Andhra Pradesh.

Hospitality and commercial real estate firms also detailed expansion projects. Krishna GVK is investing ₹500 crore in a 256-key luxury hotel in Bengaluru, Taj Yelahanka, to be operated by Indian Hotels. EIH plans a ₹777 crore investment for a Hyderabad hotel by September 2030, while WeWork India is investing ₹144 crore to expand its Hyderabad capacity.

Industrial and mining sectors reported operational updates.

Companies report financial restructuring and credit updates

Zee Entertainment approved a share buyback of up to ₹600 crore, covering 6.6 crore shares at ₹91 per share. AGI Infra has launched its Qualified Institutional Placement issue with a floor price of ₹269.205 per share.

CMR Green Tech secured ₹210 crore in credit lines from HDFC Bank and increased its credit limit with Axis Bank to ₹274 crore. Gland Pharma issued a €20 million corporate guarantee for Phixen SAS. Its subsidiary also obtained a €50 million credit line from MUFG.

Union Bank increased its stake in Star Union Dai-ichi Life Insurance from 25.1% to 26.24% through an additional investment of ₹337 crore. Bharat Forge received NCLT approval for a resolution plan that removes Tork Motors as a step-down subsidiary, extinguishing the company's 64.29% stake. Mahindra Holidays & Resorts reported a ₹106 crore reduction in its contingent liabilities.

Skyways Air’s subsidiary allotted 16.97 lakh shares at ₹250 each, while the parent company infused ₹42.42 crore into Forin Container. Schneider Electric's President revised the capital expenditure guidance for the 2027 fiscal year to ₹266 crore. MSTC received approval from the Reserve Bank of India for its Trade Receivables Discounting System platform.

Leadership shifts and operational updates across sectors

RCF extended the tenure of CFO Nazhat J Shaikh until March 2027.

EEPA Jewellers announced that CFO Srinivas Kamoji Gunupudi will resign effective November 30. TVS Motor launched two new vehicle models in Mauritius.

Strategic business partnerships and government initiatives

Amagi Media Labs partnered with Golden Times Media Tech to distribute Chinese entertainment channels across global platforms.

The Prime Minister will dedicate a marketing terminal belonging to MRPL to the nation. This facility represents an investment of Rs 330 crore.