Indian Pre-Market Report –Nov 13, 2025

Indian Markets Pre-Market Report for Nifty 50, Bank Nifty and Sensex – Thursday, 13 November 2025

🌍 Global Cues & 📈GIFT Nifty

Overnight, global risk sentiment stayed constructive, but not euphoric:

In the US, the Dow Jones closed above 48,000 for the first time ever, while the S&P 500 was flat and the Nasdaq slipped again as money rotated out of expensive tech/AI names into more traditional sectors.

In Europe, the STOXX 600 and other major indices hit or approached record highs, helped by relief that the US government shutdown is close to ending and by strong earnings from financials.

In Asia this morning, trading is mixed to mildly positive as markets digest the Wall Street divergence (Dow strong, tech weak) and watch US Fed commentary on rates.

For India, the key early signal is GIFT Nifty Futures (Nov 25 contract), which is hovering near:

GIFT Nifty: ~25,955 (up about 15 points, +0.06% around 07:10 IST)

👉 Takeaway for the open:

The global backdrop is supportive but not roaring, and GIFT Nifty is indicating a flat to slightly positive start, broadly in line with yesterday’s strong close.

📊 Last Session Recap – Nifty, Sensex, Bank Nifty

On Wednesday, 12 November 2025, Indian equities extended their up-move:

Nifty 50: 25,875.80 Change: +180.85 points (+0.70%)

Sensex: 84,466.51 Change: +595.19 points (+0.71%)

Bank Nifty: 58,274.65 Change: +0.23%, after trading between roughly 58,188 – 58,505 during the session

Broader market:

Nifty Midcap 100: ~+0.8%

Nifty Smallcap 100: ~+0.8%

Sector performance:

Winners: Nifty IT (+2.04%), Auto, Pharma and Consumer Durables (all +1% or more). Laggard: Nifty Realty (about –0.49%).

The move was driven by optimism on a potential India–US trade deal, relief on the US shutdown story, and strong Q2 numbers in select names.

🏆 Nifty 50 – Top 5 Gainers & 🔻 Top 5 Losers

Top 5 Nifty 50 Gainers (12 Nov):

1.Adani Enterprises

2.Asian Paints (fresh 52-week high, helped by robust Q2 profit growth)

3.Tech Mahindra

4.TCS

5.HDFC Life

“On the positive side, Adani Enterprises and Asian Paints topped the gainers list as investors cheered strong earnings and upbeat management commentary. Tech Mahindra and TCS extended their recovery on hopes of stabilising global IT spending, while HDFC Life saw steady buying interest from long-term investors.”

Top 5 Nifty 50 Losers (12 Nov):

1.Tata Motors Passenger Vehicles (TMPV)

2.Tata Steel

3.Shriram Finance

4.JSW Steel

5.Bharat Electronics

“On the downside, TMPV and Tata Steel saw profit-booking after a strong run, dragging autos and metals slightly lower. Shriram Finance, JSW Steel and BEL also stayed weak as traders turned selective at higher levels.”

📍 Key Levels – Support & Resistance (Logo idea: price levels / chart icon)

Using yesterday’s high/low and popular technical reference zones:

🔵 Nifty 50

Close: 25,875.80 Yesterday’s range: approx 25,781 – 25,934

Working zones for today (reference levels used by many traders):

Support 1: ~25,750–25,780

Support 2: ~25,600

Resistance 1: ~26,000

Resistance 2: ~26,200–26,300 (target zone highlighted by some technical houses)

“For the near term, as long as Nifty holds above 25,750, bulls are likely to treat dips as buying opportunities. A sustained close above the 26,000–26,200 band can open the door for a move towards 26,300.”

🏦 Bank Nifty

Close: 58,274.65 Range yesterday: roughly 58,188 – 58,505

Short-term map:

Support: 58,150, then 57,900–58,000

Resistance: 58,300–58,500, then 58,800

“Bank Nifty is still trapped in a broad 58,000–58,500 band. A clean breakout above 58,500 can invite fresh long build-up in financials, while a slip below 58,150 may trigger further profit-taking.”

🟢 Sensex

Close: 84,466.51

Watch zones:

Support: 83,800 – 84,000

Resistance: 84,800 – 85,000

These are reference bands rather than precise levels; traders typically refine them using intraday data.

😬 Volatility, Open Interest & PCR – Derivatives View

India VIX is hovering near 12–12.2, after easing about 3% in the last session, signalling a complacent but not ultra-calm market.

The Nifty put-call ratio (PCR) for options is around 1.2–1.25, showing put writers slightly in control and suggesting a buy-on-dips bias rather than panic.

Options data indicates:

Heavy put writing around the 25,700–25,800 strikes Call writing clustered closer to 26,000–26,200

“Options positioning is hinting at a working range with 25,700 on the downside and 26,200 on the upside. As long as VIX stays subdued, traders may continue to sell time-value at the edges of this band.”

💰 FII & DII Flow – Who Bought, Who Sold?

From the latest cash-market data for 12 November 2025:

FIIs / FPIs: Net: around –₹1,750 crore (net sellers)

DIIs: Net: roughly +₹5,120 crore (strong domestic buying)

“Foreign investors were modest net sellers, while domestic institutions stepped in aggressively on the buy side, continuing the tug-of-war that has defined this bull phase. The market remains heavily underpinned by local money – SIPs, pension flows and institutional buying.”

📦 IPO & Primary Market Highlights

The primary market remains active:

Groww’s parent (Nextbillion / GRADE) listed recently with double-digit listing gains after a heavily subscribed IPO, reinforcing appetite for new-age financial platforms.

Ongoing IPOs such as Emmvee Photovoltaic Power and other mid-sized issues are seeing reasonable but selective subscription, with QIB and HNI interest modest and retail participation steady.

“The IPO calendar continues to absorb liquidity, but so far there is no sign of outright exhaustion. Strong names with clear profitability are still attracting demand, while weaker stories are getting filtered out quickly.”

🇮🇳 India–US Trade Deal – What’s Changing for Markets?

This is one of the big macro stories driving sentiment:

The US earlier hiked tariffs on Indian goods to as high as 50%, especially in labour-intensive exports like garments, leather, gems & jewellery and chemicals. To offset the damage, the Indian cabinet has just cleared a support package of about ₹4.5 lakh crore (~$5.1 billion), including credit guarantees and an Export Promotion Mission for affected sectors. At the same time, both sides are very close to finalising a new trade deal, with expectations that tariffs on Indian exports could be scaled down to the mid-teens (15–16%) over time.

“Markets are tracking the India–US trade narrative very closely. On one hand, steep US tariffs have hurt exporters, prompting Delhi to unveil a large support package for MSMEs and labour-intensive sectors. On the other, both governments are talking about a ‘fair, balanced trade deal’ that could gradually reduce tariff pain and unlock fresh export opportunities. This push-and-pull is a key macro backdrop for sectors like textiles, engineering, gems & jewellery and chemicals.”

📜 SEBI – New Rules & Regulatory Mood

SEBI has stayed active on the regulatory front:

The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 were amended again on 1 November 2025 (Third Amendment), tightening and fine-tuning IPO-related norms and disclosures. Recent announcements also include plans to restructure Bank Nifty, Bankex and Nifty Financial Services indices by March 2026 to reduce concentration risk and potential manipulation.

“Regulators are clearly focused on investor protection and index integrity – from refreshing IPO rules and disclosure standards to re-balancing key banking indices and reviewing broker regulations. For traders, the message is simple: more transparency, more safeguards, and less room for speculative excess.”

🪙 Commodities & Currency – Gold, Silver, Crude, INR

From early-morning quotes and domestic bullion updates:

Gold (MCX, near-month): around ₹1,26,584 per 10g (24K)

Silver (MCX, near-month): roughly ₹1,62,258 per kg

Brent Crude: holding near mid-$62.70 per barrel, after slipping on expectations of higher supply.

USD–INR: rupee closed around ₹88.6–88.7 per dollar, close to record-weak levels as US tariffs and risk-off flows keep pressure on the currency.

“Macros remain manageable but not cheap – oil is off its recent highs, but the rupee is still trading near historic lows, and gold is holding firm as a hedge.”

💡 Short-Term vs Long-Term View

Short-term (traders):

Range to watch for today’s series: Nifty: 25,700 (support) to 26,200 (resistance) Bank Nifty: 58,000–58,500 band Sectors with momentum: IT, autos, select financials, consumers Sectors prone to swings: metals, export-linked names, high-beta midcaps

“For the next few sessions, as long as Nifty holds 25,700, the bias stays ‘buy on dips’ into strong names and strong sectors. However, with VIX low and global news-flow noisy, position sizing and stop-loss discipline are more important than chasing every gap-up.”

Long-term (investors):

Despite near-term volatility, the bigger story of domestic growth, healthy corporate balance sheets and strong SIP/DIIs flows is intact. Global houses are now openly talking about Nifty at ~29,000 by 2026, driven by structural tailwinds and improving foreign inflows.

“Rather than reacting to every tariff headline or intraday swing, long-term investors can treat larger corrections towards key supports as opportunities to accumulate quality leaders in banks, IT, autos, defence, infra and consumption.”

⚠️Disclaimer:

This pre-market report is meant only for information and educational purposes. It is not investment advice, not a SEBI-registered research report, and not a buy/sell recommendation for any security, index or derivative.

Please consult a SEBI-registered investment adviser and do your own research before taking any investment or trading decision. Markets are subject to risks, and you can lose capital.