Dalal Street Eyes a Cautious Start Amid Global Cues

Indian equity markets are expected to witness a largely flat to mildly positive opening on Thursday, November 12, as investors assess global market developments, institutional fund flows and movements in crude oil prices. The GIFT Nifty was hovering around the 25,245–25,252 zone in early trade, indicating a muted start for the Nifty 50 and Sensex. In the previous session, the Sensex surged 772.75 points to close at 81,879.40, while the Nifty 50 gained 210.40 points to settle at 25,255.05. Key Factors Influencing Today's Market 1. FII Buying: Foreign institutional investors continued their strong buying momentum, purchasing equities worth approximately ₹12,563 crore on November 11. However, domestic institutional investors remained net sellers, with selling of around ₹8,435 crore. 2. Crude Oil Prices: Brent crude was trading around $92 per barrel. Any further movement in oil prices will remain important for Indian markets, particularly for oil marketing companies, aviation and other oil-sensitive sectors. 3. Global Market Cues: US markets ended Wednesday on a positive note, with the S&P 500 gaining 1.31% and the Dow Jones rising 0.49%. Asian markets showed mixed trends in early trading. 4. Corporate Earnings: Investors will closely track Q2 earnings announcements from companies including HAL, Vodafone Idea, RVNL, IRCTC, Bharat Dynamics and Alkem Laboratories. Stocks to Watch Today: BAJFINANCE