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EQUITY
Key gauges end higher amid foreign fund inflows
Nov-11-2026

Indian equity benchmarks ended higher by around a percent on Wednesday, aided by foreign fund inflows, better-than-expected Q2 results and a sustained moderation in crude oil prices. Foreign Institutional Investors (FIIs) bought equities worth Rs 7,212.22 crore on Monday, according to exchange data. However, profit-taking in heavyweight stocks across sectors trimmed some gains as the session progressed. 

Some of the important factors in trade: 

Moody’s revises India’s FY27 growth forecast upward to 7%: Moody's Ratings in its Global Macro Outlook 2027-28 has revised India’s FY27 growth forecast upward to 7 per cent from 6.5 per cent led by broad-based economic momentum and energy supply shock resilience. 

India firmly on track to attain $1-trillion exports target for FY27: Commerce and Industry Minister Piyush Goyal has said that India's goods and services exports are witnessing healthy growth, with the country firmly on track to attain its $1-trillion export target for the financial year 2026-27 (FY27). 

Unemployment rate in India falls to 5.1% in July-September 2026: Ministry of Statistics and Programme Implementation’s (MoSPI) Periodic Labour Force Survey has shown that unemployment rate (UR) among persons aged 15 years and above in India has declined marginally to 5.1% in the July-September 2026 from 5.2% a year ago.

India, France hold talks to strengthen strategic partnership: As part of efforts to deepen their strategic partnership, India and France have discussed supply chain vulnerabilities, critical technologies, cyber security and safeguarding strategic supplies during Foreign Secretary Vikram Misri's visit to Paris. 

Global front: European markets were trading higher with investor sentiment underpinned by steadier oil prices, solid corporate earnings and renewed enthusiasm for the artificial intelligence trade. Asian markets settled mostly higher even as hotter-than-expected US inflation data led to renewed concerns about the outlook for interest rates. 

Finally, the BSE Sensex rose 772.75 points or 0.95% to 81,879.40 and the CNX Nifty was up by 210.40 points or 0.84% to 25,255.05. 

The BSE Sensex touched high and low of 82,520.40 and 81,417.39, respectively. There were 20 stocks advancing against 10 stocks declining on the index.

The top gaining sectoral indices on the BSE were Telecom up by 2.41%, Auto up by 2.05%, Bankex up by 1.94%, PSU up by 1.35% and Basic Materials up by 1.24%, while Realty down by 0.58%, IT down by 0.35% and Healthcare down by 0.24% were the top losing indices on BSE.

The top gainers on the Sensex were Interglobe Aviation up by 4.26%, Mahindra & Mahindra up by 4.09%, Trent up by 3.09%, Tata Steel up by 2.38% and ITC up by 2.21%. On the flip side, ICICI Bank down by 1.15%, Tech Mahindra down by 1.08%, Adani Ports &SEZ down by 0.95%, TCS down by 0.72% and Titan Company down by 0.69% were the top losers.

Meanwhile, Moody's Ratings in its Global Macro Outlook 2027-28 has revised India’s FY27 growth forecast upward to 7 per cent from 6.5 per cent led by broad-based economic momentum and energy supply shock resilience. It noted that robust consumption, improving investment dynamics and strong macroeconomic fundamentals imply that the economy appears well positioned to sustain growth near 7 per cent over the medium term. 

However, it cautioned that near-term risks to growth persist as household consumption remains vulnerable to intensifying and broadening price pressures. Headline inflation is hovering near the upper limit of the RBI’s 2-6 per cent target band, while a weak southwest monsoon and intensifying El Nino conditions are expected to hurt agricultural output and rural demand. Moreover, it said ‘With the RBI on track to raise rates further, tighter monetary policy could delay the recovery in private investment.’ 

Besides, it stated that India has adjusted to the energy price shock better than previously assumed, helped by its ability to diversify crude and gas supplies and buffer consumers from the immediate price impact through state-backed oil marketing companies and tax cuts. It mentioned India is also home to the world's largest single-site refining complex, and its large and sophisticated refining capacity has helped limit fuel supply disruptions while supporting its role as a major exporter of refined petroleum products. It added overall economic activity remains robust amid expanding manufacturing and services purchasing manager indexes and double-digit year-on-year growth in goods and services tax revenue, vehicle sales and merchandise exports.

CNX Nifty touched high and low of 25,424.35 and 25,095.35, respectively. There were 37 stocks advancing against 13 stocks declining on the index.

The top gainers on Nifty were Mahindra & Mahindra up by 5.30%, Interglobe Aviation up by 4.33%, Trent up by 3.32%, Tata Steel up by 2.40% and BSE up by 2.34%. On the flip side, Adani Ports &SEZ down by 1.84%, ICICI Bank down by 1.10%, Tech Mahindra down by 0.91%, HCL Technologies down by 0.85% and Nestle India down by 0.76% were the top losers.

European markets were trading higher; UK’s FTSE 100 increased 44.88 points or 0.42% to 10,796.47, France’s CAC rose 29.14 points or 0.35% to 8,307.41 and Germany’s DAX gained 181.75 points or 0.69% to 26,529.20.

Asian markets settled mostly higher on Wednesday, shrugging off Wall Street’s overnight decline after hotter-than-expected US CPI data and increasingly hawkish comments from Fed officials bolstered the case for further Federal Reserve interest-rate hikes over the coming months. Meanwhile, regional technology shares extended their recovery following a sharp AI-driven sell-off last week. This rebound was largely aided by strong third-quarter results and positive forward guidance from AI data center builder CoreWeave, which eased market anxieties over debt-heavy infrastructure spending. Japanese market gained on renewed optimism around AI stocks following reports that Anthropic, the parent company of Claude, is preparing for a mega IPO targeting a valuation of $1.4 trillion. However, Hong Kong market declined on profit-taking amid concerns over rising global bond yields..

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,680.64

16.92

0.46

Hang Seng

24,315.92

-241.12

-0.98

Jakarta Composite

5,115.04

-10.69

-0.21

KLSE Composite

1,595.19

-8.88

-0.55

Nikkei 225

61,248.59

789.01

1.31

Straits Times

5,289.66

31.07

0.59

KOSPI Composite

5,375.36

136.23

2.60

Taiwan Weighted

44,257.15

1,545.23

3.62

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