Market Outlook: POSITIVE – SELECTIVE BULLISH BIAS

FIIs buy Rs 12,563.33 cr as Bank Nifty rises 1.76% to 60,792.40; Nifty ends at 25,255.05 Thursday, 12 November 2026 · ahead of the 9:15 AM IST open GIFT Nifty 25,250.50 (08:30 IST) · Expected open 25,251.86 Likely range 25,231.86 – 25,271.86 · Sentiment Positive (Bullish) Expected open is an indicative projection from GIFT Nifty; sentiment reads the Nifty hourly structure, higher highs and lows or lower ones. Not a guaranteed level and not a trade recommendation. PREVIOUS SESSION CLOSE Index Close Support Resistance Nifty 50 25,255.05 25,023.13 25,486.97 Bank Nifty 60,792.40 60,234.13 61,350.67 Sensex 81,879.40 81,127.48 82,631.32 Support and resistance are derived from GeniResearch's own volatility-based method using the current India VIX. Levels are informational, not trade calls. OVERNIGHT GLOBAL CUES S&P 500 7,619.38 +1.31% Nasdaq Composite 25,466.19 +1.60% Dow Jones 52,486.49 +0.49% FII +12,563.33 Cr · DII −8,434.53 Cr · India VIX 17.54 (+0.69%) WHAT TO WATCH TODAY FIIs bought Rs 12,563.33 cr, DIIs sold Rs 8,434.53 cr. Bank Nifty rose 1.76%, Nifty 0.84% to 25,255.05. Rupee at 93.68. GIFT Nifty 25,250.50. Nifty resistance 25,486.97, support 25,023.13. RECENT EVENTS Rupee: rose to 93.69 against the dollar, close to a 7-month high, with foreign inflows picking up and dollar strength limiting gains. Canada: its ambassador said Trump tariffs are raising costs and putting U.S. investment at risk. Mexico: said its curbs on steel shipments from Asia are working, as tariff negotiations with the US progress.