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EQUITY
Key gauges end flat ahead of Bihar election outcome
Nov-13-2025

Indian equity benchmarks erased early gains and ended on a flat note in the volatile session on Thursday as market participants remained cautious ahead of the Bihar election outcome due Friday. Some concern also came as exchange data showed foreign institutional investors remained net sellers for the third day in a row and offloaded equities worth Rs 1,750.03 crore on Wednesday

Some of the important factors in trade:

Retail inflation dips to 0.25% in October: Retail inflation slipped to a multi-year low of 0.25 per cent in October, driven by the impact of the GST rate cut and subdued prices of vegetables and fruits. The consumer price index (CPI) based retail inflation was 1.44 per cent in September and 6.21 per cent in October 2024.  

Rupee falls against US Dollar: Indian rupee consolidated in a narrow range and settled for the day marginally lower against the US dollar, as foreign fund outflows and continuous dollar demand from local importers, including oil companies, exerted pressure on the local currency. 

Finance ministry asks banks to step up credit to MSMEs, agriculture sector: The finance ministry has asked state-owned banks to focus on accelerating credit to MSMEs and the agriculture sector while sustaining growth in low-cost deposits and strengthening risk management. 

Cement industry’s stocks in watch: Rating agency Crisil has said that the Indian cement industry is going to add a grinding capacity of 160-170 million tonnes (MT) between FY26 and FY28 and invest around Rs 1.2 lakh crore in capex.  

Global front: European markets were trading mostly in red with investors digesting the news about U.S. President Donald Trump signing the short-term funding bill that brings an end to the government shutdown, and looking ahead to some key U.S. economic data. Asian markets settled mostly higher, tracking the positive sentiment created by the end of the longest-ever U.S. government shutdown. 

Finally, the BSE Sensex rose 12.16 points or 0.01% to 84,478.67 and the CNX Nifty was up by 3.35 points or 0.01% to 25,879.15.  

The BSE Sensex touched high and low of 84,919.43 and 84,253.05 respectively. There were 12 stocks advancing against 19 stocks declining on the index.   

The broader indices ended in red; the BSE Mid cap index fell 0.34%, while Small cap index was down by 0.30%.

The top gaining sectoral indices on the BSE were Consumer Durables up by 0.86%, Telecom up by 0.70%, Realty up by 0.43%, Metal up by 0.36% and Utilities up by 0.30%, while Capital Goods down by 0.70%, IT down by 0.56%, FMCG down by 0.49%, Consumer Disc down by 0.43% and PSU down by 0.43% were the top losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 3.81%, ICICI Bank up by 1.99%, Power Grid Corporation up by 1.16%, Larsen & Toubro up by 1.16% and Bajaj Finserv up by 0.90%. On the flip side, Eternal down by 3.63%, TMCV down by 2.26%, Mahindra & Mahindra down by 1.45%, Trent down by 1.19% and Tata Steel down by 1.15% were the top losers.

Meanwhile, Union Minister for Power and Housing & Urban Affairs, Manohar Lal has said that the global investor community continues to express confidence in India’s future. This statement came during meeting with the members of the US-India Strategic Partnership Forum (USISPF) and leading business representatives in New Delhi. The Minister further highlighted the Government of India’s ambitious national missions across multiple domains, including energy transition, urban infrastructure development, the PM-AWAS Yojana, and digital infrastructure expansion. 

He also underscored India’s achievements in strengthening its power, housing and urban sectors, driven by innovation, investment, and inclusive growth. Besides, drawing inspiration from the Indian idea of ‘Vasudhaiva Kutumbakam’ (the world is one family), the Minister emphasized India’s commitment to shared growth, shared responsibility, and a shared future.

During the meeting, the discussions covered a wide range of issues including affordability of green hydrogen, collaboration in the transmission sector between India and the US, exports of solar modules from India, investment by US companies in innovative energy storage solutions and reliable & quality power supply to upcoming data centers in India. In closing, both sides acknowledged the growing momentum in India-US energy cooperation, reflecting decades of strong diplomatic partnership and a shared commitment to sustainable development and energy security.

CNX Nifty touched high and low of 26,010.70 and 25,808.40 respectively. There were 22 stocks advancing against 29 stocks declining on the index.    

The top gainers on Nifty were Asian Paints up by 3.77%, Hindalco up by 2.47%, Interglobe Aviation up by 1.99%, ICICI Bank up by 1.95% and Larsen & Toubro up by 1.27%. On the flip side, Eternal down by 3.69%, TMCV down by 2.84%, Mahindra & Mahindra down by 1.46%, Eicher Motors down by 1.20% and Tata Steel down by 1.15% were the top losers. 

European markets were trading mostly in red; UK’s FTSE 100 decreased 40.62 points or 0.41% to 9,870.80 and Germany’s DAX lost 102.76 points or 0.42% to 24,278.70, while France’s CAC rose 54.76 points or 0.66% to 8,296.00.

Asian markets settled mostly higher on Thursday after US President Donald Trump signed the funding bill that ended the record 43-day-long shutdown in the US history, while investors were awaiting the resumption of US economic data to gauge the Federal Reserve interest rate path. Japanese shares rose, while investors remained uncertain about the Bank of Japan's policy tightening plan amid Japan's new Prime Minister Sanae Takaichi's pro-stimulus stance and her preference for interest rates to remain low. Chinese and Hong Kong shares gained ahead of a fresh batch of Chinese economic data, including October credit growth, retail sales, industrial output, and fixed-asset investment figures due Friday, which are expected to provide clearer signals on China’s economic recovery and potential policy adjustments.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,029.50

29.36

0.73

Hang Seng

27,073.03

150.3

0.56

Jakarta Composite

8,372.00

-16.57

-0.20

KLSE Composite

1,632.27

0.66

0.04

Nikkei 225

51,281.83

218.52

0.43

Straits Times

4,575.91

7.00

0.15

KOSPI Composite

4,170.63

20.24

0.49

Taiwan Weighted

27,903.56

-43.53

-0.16
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