Dalal Street Eyes a Cautious Opening Amid Global Uncertainty

Indian equity markets are likely to witness a cautious start on Friday, November 13, as investors track global market movements, foreign institutional investor (FII) activity and crude oil prices. 1. Market Outlook – Nifty & Sensex - Nifty 50 closed at 25,299.35, gaining 44.30 points (0.18%) on Thursday. - Sensex ended at 81,911.01, up 31.61 points (0.04%). - GIFT Nifty was trading around 25,283, indicating a mildly negative opening. The benchmarks extended their winning streak to three consecutive sessions, although buying momentum remained relatively moderate 2. FII & DII Activity Foreign institutional investors continued to support the Indian market through strong equity purchases. - FII: Net buying of approximately ₹7,830.60 crore on November 12. - DII: Net selling of approximately ₹6,331.17 crore. Continued foreign inflows could support market sentiment, although domestic institutional selling may limit further upside. 3. Crude Oil Prices Crude oil remains an important factor for the Indian market. Brent crude was recently around $92.50 per barrel. Lower crude prices generally benefit India's import bill, oil marketing companies, aviation and other fuel-dependent sectors. 4. Global Market Cues Global markets remain mixed. Investors are monitoring US market performance, inflation expectations and technology-sector developments. These factors could influence foreign investment flows and overall risk appetite in Indian equities 5. Stock to Watch – Bajaj Finance BAJFINANCE