🇮🇳 Indian Pre-Market Report Nov12,2025

Indian Markets Pre-Market Report – Wednesday, 12 November 2025

🌏 Global Cues & GIFT Nifty View

Overnight, the global mood stayed broadly constructive, but with a few mixed signals:

In the US, the Dow closed at a fresh record, adding over 550 points, while the S&P 500 edged up and the Nasdaq slipped as investors booked profits in some big tech names after SoftBank’s stake sale in Nvidia.

European markets had another strong session – the STOXX 600 finished up about 1.3% at a record close, helped by healthcare and the hope that the long US government shutdown is finally nearing an end.

Asia this morning is more cautious; Chinese shares are softer as traders worry about tech valuations, even as global risk sentiment improves on the shutdown deal.

GIFT Nifty is sending a positive early signal:

On multiple trackers, GIFT Nifty is trading around 25,975–25,980, down only a fraction on the screen but well above yesterday’s Nifty 50 close of 25,694.95.

That kind of spread usually points to a gap-up or at least a firm start for the cash market, unless sentiment flips in the last hour before opening.

🇮🇳 What Happened Yesterday (11 Nov 2025)

Tuesday was a proper roller-coaster for Indian equities:

Nifty 50 settled at 25,694.95, up 120.60 points (+0.47%).

Sensex closed at 83,871.32, up 335.97 points (+0.40%).

Nifty Bank finished near 58,138, up about 0.35%.

The interesting part is the intraday swing:

Nifty slipped to a low of 25,449.25 in the morning on Delhi-blast worries and FII concerns, then recovered nearly 246 points to close near the day’s high. Midcaps ended modestly higher while smallcaps were slightly negative, showing that traders were selective and stuck to quality.

Sector moves:

IT and Auto led the charge, up around 1.2% and 1.1% respectively, followed by Banking, Energy, Metal, FMCG and Oil & Gas. PSU Banks, Realty, Financial Services and Consumer Durables ended in the red.

Top action themes:

Gainers – defence, autos and select IT names like BEL, Adani Ports and M&M were on the leader board.

Losers – Bajaj Finance, Bajaj Finserv, ONGC and Tata Motors PV saw sharp profit taking.

Overall tone: bears tried to break 25,450; bulls defended aggressively and won the day.

📊 Key Levels – Nifty 50, Bank Nifty & Sensex

🔵 Nifty 50

Close: 25,694.95 Yesterday’s low: 25,449.25 – the line in the sand that held.

Support zones

First support now shifts up to 25,500–25,520 (above the old low, where fresh buying emerged). Deeper support stays around 25,450, the exact intraday low.

Resistance zones

Immediate resistance: 25,700–25,820 – Business Standard’s technical view flags this band as the “confirmation” zone for a fresh up-move. Higher target band if we clear that: 26,000–26,300.

For intraday traders, today’s story is simple:

above 25,700, momentum players will look for follow-through; back below 25,500, you’ll again hear the word “consolidation”.

🏦 Bank Nifty

Close: ~58,138. Day’s range yesterday: 57,594 – 58,187.

Support: 57,600–57,700, then 57,300–57,400.

Resistance: 58,200–58,400; a clean breakout opens room toward recent highs near 58,600.

Banks participated but didn’t explode – today’s gap-up, if it comes, needs financials to back it up.

🟢 Sensex

Close: 83,871.32; day’s low 83,124.03.

Support remains around 83,200–83,000, with

resistance at 84,000–84,200.

🤝 India–US Trade Deal – Background Sentiment

The market is still watching the India–US trade negotiations:

Business Standard notes that the rupee strengthened to about 88.56 per dollar yesterday, partly on optimism that talks with the US are making progress.

It’s not an intraday trading trigger yet, but it adds to the medium-term comfort for foreign flows and exporters.

⚙️ SEBI’s New Rules – Impact on Traders

The new SEBI framework on F&O stays in focus, especially for index and stock-option traders:

Position limits now cap single-stock derivative exposure (as a share of MWPL) for individuals, prop desks and FPIs, effectively cooling down extreme leverage in illiquid names. SEBI has also tightened index-derivative eligibility – indices need a minimum number of stocks, liquidity, and diversification; fringe indices can lose derivative status if they don’t qualify.

Net effect for today:

expect better behaviour in the options chain, a bit less crazy intraday positioning, and more focus on Nifty / Bank Nifty weekly strategies than in very speculative single stocks.

📈 Derivatives, Put–Call Mood & India VIX

The options market is signalling a calm but not complacent environment:

India VIX closed on 11 November at about 12.49, slightly higher than Monday but still low on the historical scale. Analysts continue to talk about 25,450–25,500 as the “defended” put-writer zone, with heavy put OI, while call writers are more active above 25,800–26,000.

That usually means range-bound with an upward tilt – good for intraday traders who respect levels, tricky for people chasing breakouts late.

💰 FII & DII Flow – 11 November 2025

Cash-market flows for Tuesday looked like this:

FIIs / FPIs Gross buy: ~₹14,487 crore Gross sell: ~₹15,291 crore Net: –₹803 crore (selling)

DIIs Gross buy: ~₹14,833 crore Gross sell: ~₹12,645 crore Net: +₹2,188 crore (buying)

Same pattern as Monday: foreigners lighten up, domestic money absorbs and pushes indices higher.

📦 IPO & Primary Market – Busy Day

Today is important on the primary-market calendar.

1️⃣ Groww IPO Listing

Business Standard reminds that Groww shares list today, 12 November 2025, after a strong subscription phase. Economic Times notes that the grey-market premium has cooled by ~70% from its peak, but still points to modest listing gains, with analysts generally positive on the long-term story.

Expect high volume and volatility in the first hour – good for experienced traders, not a playground for large leveraged punts.

2️⃣ Emmvee Photovoltaic Power IPO – Day 2

The solar-module maker’s IPO runs 11–13 November, with a price band of ₹206–217 and an issue size of about ₹2,900 crore.

Groww’s Day-1 note says the issue is drawing healthy interest, with allotment slated for 14 November and listing on 18 November.

You can expect chatter around renewable-energy names and some sympathy moves there.

🪙 Commodities & Currency – Morning Dashboard

Gold & Silver

Goodreturns shows 24K gold at about ₹12,585 per gram and 22K around ₹11,536 per gram this morning – both marginally higher versus yesterday. That translates to roughly ₹1.26 lakh per 10g for 24K, keeping bullion firmly in “expensive but steady” territory.

Silver has also stayed elevated; recent India data has it above ₹1.5 lakh per kg in many cities.

Crude Oil

Brent futures are trading near $65 per barrel, after a small dip overnight; data shows $65.08 on 12 November following a 1.7% jump the previous session.

For India, oil in the mid-60s is manageable, though not cheap.

USD–INR

Business Standard reports the rupee closed around 88.56 per dollar on 11 November, helped by that positive trade-deal sentiment. Wise’s rate tracker has USD/INR near 88.52 today, almost flat versus yesterday.

So, no new stress from currency as we head into the session.

💡 Trading View – Short Term

For 12 November 2025, the working plan many day-traders will follow:

Watch 25,700–25,820 on Nifty. If we open higher and hold above this band with volume, the market can stretch towards 26,000–26,300 over the next few sessions.

If early gains fade and Nifty slips back below 25,600, traders will again focus on 25,500–25,450 as the key defence area.

Bank Nifty needs a clean push through 58,200–58,400 to confirm leadership; otherwise, IT, autos and defence names may continue to drive stock-specific trades.

Intraday bias: mildly bullish but range-bound, unless there is a surprise from global headlines or the Groww listing.

🧭 Investment View – Short & Long Term

Short term (weeks):

Focus on sectors with tailwinds – IT (benefiting from global tech resilience), autos, capital goods and selected financials. Use support zones to stagger entries instead of chasing gap-ups.

Long term (years):

The story of India as a growth market – upgrades from global houses like Goldman and UBS, active domestic flows, and improving India–US ties – remains intact. SIPs in broad indices and accumulation of quality large-caps on corrections still make more sense than trying to time every short-term top and bottom.