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EQUITY
Post Session: Quick Review
Nov-13-2026

Indian equity markets ended lower on Friday, with the Sensex and Nifty declining around half a percent each, as broad-based selling in heavyweight stocks, particularly Mahindra & Mahindra, UltraTech Cement and HDFC Bank, outweighed gains in select stocks such as Hindustan Unilever and Asian Paints, keeping overall market sentiment subdued. Traders remained cautious as India's retail inflation climbed to 6.09% in October, breaching the Reserve Bank of India's upper tolerance limit of 6%, while a sharp rise in US Treasury yields further dampened investor sentiment. 

Some of the important factors in trade:

Retail inflation surges to 6.09% in October: Sentiments remained subdued as retail inflation, measured by the All-India Consumer Price Index (CPI) with the base year 2024, surged to 6.09% (Provisional) in October 2026 from 5.54% (Final) for September 2026, amid high food prices. This marked the first time in two years that inflation breached the Reserve Bank of India's (RBI) upper tolerance limit of 6%. 

Overseas fundraising by Indian companies moderates in September: The street took a note of the Reserve Bank of India’s (RBI) latest data report showing that Indian companies registered overseas borrowings worth $7.05 billion in September 2026 through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), lower than $8.13 billion in August.

FIIs extends buying streak: Traders overlooked that foreign institutional investors (FIIs) extended their buying streak to a ninth consecutive session on Thursday, pumping Rs 7,831 crore into Indian equities.

On the global front: European stocks were trading higher as investors assessed the potential implications of reports of CEO Jensen Huang's resignation for the broader technology sector. Asian markets traded mixed, amid rising bond yields, which fuelled inflation concerns and expectations of tighter monetary policy.

The BSE Sensex ended at 81592.45, down by 318.56 points or 0.39% after trading in a range of 81288.75 and 81879.51. There were 6 stocks advancing against 24 stocks declining on the index. (Provisional)

The few gaining sectoral indices on the BSE were Capital Goods up by 0.68%, Power up by 0.33%, and Telecom up by 0.28%, while Realty down by 1.70%, Auto down by 1.19%, Basic Materials down by 1.11%, Utilities down by 0.98% and Metal down by 0.93% were the losing indices on BSE. (Provisional)

The top gainers on the Sensex were Bharti Airtel up by 1.25%, Hindustan Unilever up by 0.91%, Reliance Industries up by 0.39%, Tech Mahindra up by 0.19% and ITC up by 0.14%. On the flip side, Bharat Electronics down by 1.84%, Mahindra & Mahindra down by 1.77%, HDFC Bank down by 1.39%, ICICI Bank down by 1.35% and Interglobe Aviation down by 1.32% were the top losers. (Provisional)

Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India will have one of the best trade deals with the US in every respect. He said that India has negotiated a very good set of outcomes with the US in the pact. He said ‘nations that make the same products and are at a similar level of development, like India. We will have the most preferred market access in the US post the deal in products of our interest.’ When asked about a timeline for concluding the agreement, he said discussions were ongoing and several factors would determine the outcome.

Talking about the visit of the US officials, he said that ‘it was mainly a discussion with the customs authorities. The Deputy Chief Negotiator had come for discussions with the customs department on one track.’ On the impact of India's trade pact on exports, he said ‘it's too early to tell because, as you are aware, the 'mother of all deals', the EU agreement is not yet operational. The US will take some time before it comes into effect’. Describing the country as a trusted global trade partner, he said that Guatemala and Ecuador too had expressed interest in negotiating separate trade agreements with India. He said ‘India today is looked upon as the trusted partner of the world. Otherwise, they would not be wanting to do trade agreements with India. They would not be looking to India as a part of their global value chains.’

Meanwhile, a two-member team of US officials visited earlier this month for talks on trade and customs facilitation issues. Both sides are in regular touch on the finalisation of the first phase of the bilateral trade agreement (BTA). India and the US had finalised a framework for the first phase of their bilateral trade agreement (BTA) in February. However, changes in the US tariff regime have necessitated further negotiations. India is seeking lower tariffs for its goods in the US market than its competitor nations such as Bangladesh, Vietnam and Cambodia. These remarks assume significance as US President Donald Trump suffered a crushing defeat in the mid-term elections.

The CNX Nifty ended at 25144.30, down by 155.05 points or 0.61% after trading in a range of 25054.40 and 25246.35. There were 11 stocks advancing against 38 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Eicher Motors up by 1.34%, Hindustan Unilever up by 0.96%, BSE up by 0.73%, Asian Paints up by 0.53% and Bharti Airtel up by 0.48%. On the flip side, Shriram Finance down by 3.37%, Tata Motors Passenger down by 3.31%, Grasim Industries down by 2.60%, Hindalco Industries down by 2.12% and Adani Enterprises down by 1.95% were the top losers. (Provisional)

European markets were trading higher; UK’s FTSE 100 increased 30.94 points or 0.28% to 10,894.03, France’s CAC rose 8.94 points or 0.11% to 8,370.30, and Germany’s DAX gained 27.82 points or 0.1% to 26,799.70.

Asian markets settled mostly lower on Friday, tracking Wall Street’s overnight fall following the resignation of Nvidia CEO Jensen Huang amid reports of extramarital affairs and Chinese espionage allegations that fuelled concerns about the future of the AI boom and the US-China technology ties. Further, a spike in crude oil prices and US Treasury yields, along with increased expectations for tighter Federal Reserve policy kept investors on edge. Market participants were also awaiting the US October PPI inflation report later in the day for additional cues on the Federal Reserve's rate trajectory. Chinese markets declined after reports indicated that OpenAI is supporting a bipartisan effort in US Congress to restrict China's access to advanced AI chips and chipmaking tools. Meanwhile, Japanese markets gained as the yen weakened past the psychologically key 160-per-dollar for the first time since September, prompting Japanese authorities to issue warnings of possible currency market intervention.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,634.35

-21.48

-0.59

Hang Seng

23,637.60

-370.95

-1.55

Jakarta Composite

5,344.41

93.51

1.75

KLSE Composite

1,582.59

-3.37

-0.21

Nikkei 225

61,142.35

322.99

0.53

Straits Times

5,231.84

-50.86

-0.96

KOSPI Composite

5,290.53

-52.20

-0.98

Taiwan Weighted

43,675.12

583.25

1.35
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