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EQUITY
Post Session: Quick Review
Nov-12-2026

Indian equity markets ended marginally higher on Wednesday, with both the Sensex and Nifty closing just above their neutral line, as strong buying in banking and financial stocks offset broad-based selling in auto, IT and consumer stocks. Sentiments also remained positive amid persistent capital inflows from foreign institutional investors (FIIs). FIIs were the net buyers in Wednesday’s session, purchasing shares worth Rs 12,563.33 crore. Meanwhile, investors were keeping an eye on domestic inflation data due later in the day, which could influence expectations around the RBI's monetary policy stance.

Some of the important factors in trade:

India’s net direct tax collections rise 11.76% to Rs 14.42 lakh crore till November 10 of FY27: Traders took support with the Income Tax Department’s latest data showing that India’s net direct tax collections increased 11.76 per cent year-on-year to Rs 14.42 lakh crore during April 1 and November 10, 2026 period of the current financial year (FY27).

India, Canada discuss ways to accelerate negotiations for proposed FTA: Sentiments remained upbeat as India and Canada have discussed ways to accelerate negotiations for the proposed free trade agreement (FTA), with a focus on strengthening bilateral trade and investment ties. Discussions took place between Commerce and Industry Minister Piyush Goyal and Canada's visiting Minister of International Trade, Maninder Sidhu, who is heading a Canadian delegation.

Govt extends Stand-Up India and Credit Guarantee Schemes for five years: The street took a note of reports that the Union Cabinet has approved the continuation of the Stand-Up India Scheme and Credit Guarantee Fund for Micro Units (CGFMU) for another five years, up to March 31, 2031, in a significant step towards strengthening financial inclusion and promoting entrepreneurship. 

On the global front: European stocks were trading higher buoyed by Wall Street’s overnight rally. Asian markets traded mostly lower, amid renewed uncertainty surrounding the AI trade, following media reports suggesting that Nvidia’s board was preparing to oust its co-founder and CEO.

The BSE Sensex ended at 81911.01, up by 31.61 points or 0.04% after trading in a range of 81576.15 and 82325.61. There were 10 stocks advancing against 20 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Realty up by 4.79%, Bankex up by 1.04%, Capital Goods up by 0.54%, Consumer discretionary up by 0.26%, and Industrials up by 0.24%, while Oil & Gas down by 0.82%, Telecom down by 0.82%, Auto down by 0.73%, Utilities down by 0.61% and TECK down by 0.58% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Bajaj Finance up by 3.52%, State Bank of India up by 2.61%, Bharat Electronics up by 1.67%, Bajaj Finserv up by 1.66% and ICICI Bank up by 1.19%. On the flip side, Hindustan Unilever down by 2.28%, Mahindra & Mahindra down by 2.18%, TCS down by 1.47%, Maruti Suzuki India down by 1.43% and Power Grid Corporation down by 1.39% were the top losers. (Provisional)

Meanwhile, the Commerce Ministry has said that the government has banned exports of lithium-ion battery black mass to strengthen domestic recycling and recover critical minerals. Black mass is a powdery material obtained from shredding end-of-life lithium-ion batteries and battery manufacturing waste. It contains recoverable quantities of critical minerals, including lithium, cobalt, nickel and manganese. The Ministry stated ‘DGFT (Directorate General of Foreign Trade) prohibits export of Lithium-Ion Battery Black Mass to strengthen domestic recycling and critical mineral recovery.’ The DGFT issued a notification in this regard on November 10. It said the export ban aims to ensure that black mass produced in India is recycled and refined domestically.

The measure is expected to assure feedstock availability for domestic recycling and refining units, improve their capacity utilisation and encourage further investment and employment in the sector. The move will increase domestic recovery of lithium, cobalt, nickel and other critical minerals, thereby reducing import dependence and associated foreign exchange outflows. Moreover, the move will strengthen supply chains for battery manufacturing, electric vehicles, energy storage and clean-energy technologies, in line with the vision of Aatmanirbhar Bharat. 

Further, the measure will advance the circular economy and 'urban mining', reducing reliance on primary mining while supporting environmentally sound recycling of this hazardous material within the country in accordance with applicable environmental regulations. The measure complements the government's initiatives under the National Critical Mineral Mission (NCMM), including the Rs 1,500 crore incentive scheme.

The CNX Nifty ended at 25299.35, up by 44.30 points or 0.18% after trading in a range of 25142.95 and 25384.80. There were 20 stocks advancing against 30 stocks declining on the index. (Provisional)

The top gainers on Nifty were HDFC Life Insurance up by 4.23%, Shriram Finance up by 3.58%, Bajaj Finance up by 3.36%, SBI Life Insurance up by 2.97% and State Bank of India up by 2.38%. On the flip side, ONGC down by 4.39%, Hindustan Unilever down by 2.39%, Nestle India down by 2.10%, Mahindra & Mahindra down by 1.90% and Power Grid Corporation down by 1.63% were the top losers. (Provisional)

European markets were trading higher; France’s CAC rose 67.63 points or 0.81% to 8,400.50, Germany’s DAX gained 338.23 points or 1.25% to 27,001.00 and UK’s FTSE 100 increased 40.64 points or 0.37% to 10,876.11.

Asian markets ended mostly lower on Thursday, driven by fresh uncertainty over the artificial intelligence and semiconductor sectors following a report that Nvidia's board was preparing to remove its co-founder and CEO, Jensen Huang. Meanwhile, major Chinese technology shares and benchmark indexes declined following reports that the US Commerce Department is preparing rules to block Chinese firms from remotely accessing advanced American AI processors. Further, traders overlooked Wall Street's overnight rally and falling crude oil prices amid growing hopes for Ukraine-Iran peace talks.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,655.83

-24.81

-0.67

Hang Seng

24,008.55

-307.37

-1.26

Jakarta Composite

5,250.90

135.86

2.59

KLSE Composite

1,585.96

-9.23

-0.58

Nikkei 225

60,819.36

-429.23

-0.70

Straits Times

5,282.70

-6.96

-0.13

KOSPI Composite

5,342.73

-32.63

-0.61

Taiwan Weighted

43,091.87

-1,165.28

-2.63

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