Indian equity markets ended higher on Thursday, with both the Sensex and Nifty moving closer to the record levels last seen in September 2024.

Strong buying in Financials and Oil & Gas stocks, along with positive global cues, boosted overall market sentiment.

The Sensex rose 0.52 per cent, or 446.21 points, to close at 85,632.68 after touching an intra-day high of 85,801.70.

Groww’s share price continued to fall for the second day in a row on Thursday as investors booked profits after the stock’s strong rally last week.

The shares slipped as much as 9 per cent during early trade, touching an intra-day low of Rs 154.10 on the National Stock Exchange (NSE).

This is a 9.29 per cent drop from the previous day’s close.

During early trade, the market value of Billionbrains Garage Ventures -- Groww’s parent company -- fell to Rs 97,431.70 crore, slipping below the Rs 1 lakh crore mark.

Foreign portfolio investors (FPIs) increased their holdings in Indian securities to a fourteen-month high in the first half of November, even as Foreign Institutional Investors (FIIs) continued to sell shares during the same period.

According to NSDL data, FPIs’ assets under custody rose to Rs 81.53 trillion in the first fifteen days of the month -- the highest level since September 2024.

Of this, Rs 74.28 trillion was invested in equities, while the remaining amount was placed in debt and hybrid instruments.

The rise in foreign exposure came at a time when Indian markets were gaining strength.

Gold prices traded slightly lower on the MCX on Thursday morning as a stronger US dollar and fresh signals from the US Federal Reserve weighed on investor sentiment.

Around 9:45 am, MCX Gold December futures were down 0.23 per cent at Rs 1,22,768 per 10 grams.

In contrast, silver prices moved up, with MCX Silver trading 0.39 per cent higher at Rs 1,55,717 per kg.

"Gold has support at Rs 1,22,200 and Rs 1,21,650 and resistance is at Rs 1,23,800 and Rs 1,24,400 while silver has support at Rs 1,54,000 and Rs 1,52,500 and resistance at Rs 1,56,600 and Rs 1,58,000," experts said.

Indian stock markets opened on a positive note on Thursday, supported by a rebound in global tech shares.

In early trade, the Sensex rose 161 points, or 0.19 per cent, to around 85,347. The Nifty also moved up 58 points, or 0.22 per cent, to 26,110.

Commenting on the Nifty technical outlook, experts said that immediate resistance is placed at 26,150, followed by 26,200, while the 25,900–25,950 zone is expected to act as a solid support region and a preferred accumulation area for positional participants.

The domestic equity indices settled sharply higher on Wednesday, recovering significantly from the early losses amid heavy buying in IT heavyweights and selected large-cap stocks.

Sensex ended the session at 85,186.47, up 513.45 points or 0.61 per cent. The 30-share index started the session in negative territory at 84,643.78 against last session's closing of 84,673.02. However, the index recovered over 700 points from early losses to hit an intraday high at 85,236.77 amid value buying in certain sectors.

Nifty closed at 26,052.65, up 142.60 points or 0.55 per cent.

Mortgage finance companies outside the banking sector are expected to see strong growth over the next two years, a new report said on Wednesday.

According to data compiled by Crisil Ratings, the assets under management (AUM) of non-bank mortgage lenders are set to rise by 18–19 per cent this fiscal and the next, matching the 18.5 per cent growth recorded last year.

However, the three key loan segments -- home loans, loans against property (LAP), and wholesale loans -- will grow at different speeds.

Leading global financial services firm Morgan Stanley expects the Reserve Bank of India (RBI) to reduce the repo rate by 25 basis points to 5.25 per cent at its monetary policy committee (MPC) meeting, scheduled for the first week of December.

The report said the broader policy stance is likely to stay prudent, with the central bank poised to become data-dependent once this step is taken.

Earnings of India Inc that have released quarterly results so far, grew around 14 per cent year‑on‑year in Q2 FY26, driven largely by oil and gas, technology, cement, capital goods and metals, a report said on Wednesday.

The report from brokerage firm Motilal Oswal Financial Services Limited said that market cap wise, mid‑caps led with 26 per cent while large‑caps posted 13 per cent growth, and small‑caps lagged, weighed down by private banks, non-lending NBFCs, technology, retail and media posting an earnings decline.

Indian stock markets opened flat with a slight negative trend on Wednesday as mixed global cues and a lack of major domestic triggers kept investor sentiment muted.

With the Q2 FY26 earnings season coming to an end, traders showed limited enthusiasm, leaving the indices stuck in a narrow range.

The Sensex slipped 81 points, or 0.10 per cent, to 84,592 in early trade. The Nifty also declined, dropping 34 points, or 0.13 per cent, to 25,877.

India's services exports ($38.5 billion) outpaced goods exports ($34.4 billion) by 11 per cent in October, bouncing back after a few months of weakness, a report said on Tuesday.

The export of the service sector gained an average of $37.5 billion in the September-October period against $33 billion in the first eight months of the year. At the same time, services trade surplus was at an all-time high of $20 billion during the month, HSBC Global Investment Research said in its report.

As expected, gold imports surged 58 per cent year-on-year (YoY) during the month under review. In the Diwali month, the gold import bill rose to $14.7 billion, jumped over 5 billion from the previous month.

Indian equities is expected to stage a strong recovery over the next year, supported by a clear policy shift from the government and improving economic conditions, a new report said on Tuesday.

Global brokerage Morgan Stanley believes that the worst phase of the mid-cycle slowdown is now behind the market, and that earnings growth will strengthen in the months ahead.

According to its latest report, India’s long-term growth story is becoming stronger with recent policy actions.

The brokerage said most risks to its view come from outside India, while domestic fundamentals remain solid.

Gold and silver prices dropped sharply in the domestic futures market on Tuesday morning as hopes of a US Federal Reserve rate cut in December faded and concerns over US tariffs eased.

This reduced the appeal of safe-haven assets like bullion. At early trade, MCX Gold December futures were trading 1.19 per cent lower at Rs 1,21,466 per 10 grams.

MCX Silver December contracts also declined 1.65 per cent to Rs 1,52,750 per kg.

India’s economic growth is expected to remain strong in the second quarter (Q2 FY26), with GDP likely to be close to 7.5 per cent, a new report said on Tuesday.

The data compiled by SBI Research said that the economy is gaining strength from rising investment activity, improving rural consumption and continued momentum in services and manufacturing.

These trends are being supported by structural reforms such as GST rationalisation, which has not only improved compliance but also boosted festive season demand.

Indian stock markets opened lower on Tuesday as weak global cues weighed on investor sentiment. Both benchmark indices slipped 0.2 per cent at the opening bell.

The Sensex dropped 195 points to trade at 84,756 in early deals, while the Nifty fell 64 points to 25,949. Most heavyweight stocks were under pressure, dragging the indices down.

“Immediate resistance now lies at 26,100, followed by 26,150, while the 25,850–25,900 band is likely to offer meaningful support and serve as an accumulation zone for positional traders,” market experts said.

“These levels will remain crucial as the index navigates early weakness,” experts noted.

India’s GST 2.0 reforms, customs duty changes, and the India–Japan Free Trade Agreement (CEPA) are collectively reshaping the competitiveness and future trajectory of the country’s automotive industry, backed by $43.3 billion in cumulative Japanese investments, according to an industry report released on Monday.

The report by Grant Thornton Bharat and the Indo-Japan Chamber of Commerce and Industry (IJCCI), titled ‘Navigating change: GST 2.0, customs, and FTA impacts on the India–Japan auto sector,’ states that the rollout of GST 2.0 in September marked a pivotal shift for India’s automotive sector, streamlining tax structures, enhancing affordability, and catalysing consumer demand across vehicle segments.

India’s economic outlook for 2026 is set to remain upbeat, with domestic demand emerging as the key driver of growth, a new report said on Monday.

The data compiled by Morgan Stanley said that macro indicators remain stable, giving policymakers ample room to support growth through both monetary and fiscal measures.

According to the report, India’s growth engine will primarily be driven by stronger household spending and rising private investment.

With both rural and urban consumption expected to expand, GDP is projected to grow at 6.5 per cent in FY 2027–28.

Indian Oil Corporation (IOC) on Monday announced that it has taken an important step forward in India’s upstream energy journey with the commencement of first domestic production from the Jyoti-1 well in Gujarat.

Union Petroleum Minister Hardeep Singh Puri announced the development on social media, calling it a small but significant milestone in boosting the country’s energy security.

According to Puri, IOC began production from the Jyoti-1 well in Block CB-ONN-2005/9 at the IUVL site on November 14, 2025.

Gold and silver prices fell in the domestic futures market on Monday morning as the US dollar strengthened and global cues remained weak.

At early trade, MCX Gold December futures were trading 0.21 per cent lower at Rs 1,23,300 per 10 grams.

Silver prices also slipped, with MCX Silver December contracts down 0.38 per cent at Rs 1,55,424 per kg.

"Gold has support at $4035-4000 while resistance at $4115-4140. Silver has support at $50.30-49.85 while resistance is at $51.25-51.50," market experts said.

The Indian stock market began the week on a positive note as both the Sensex and Nifty opened in the green on Monday.

The rebound comes as investors show confidence amid the NDA’s win in the Bihar Elections 2025 and strong movement in select stocks.

The Sensex was seen trading at 84,759, up 196 points or 0.23 per cent. The Nifty also moved higher to 25,963, gaining 53 points or 0.21 per cent.

"On the weekly chart, the Nifty has shown a firm recovery from key support zones, closing above 25,900 and signaling a sideways-to-bullish bias," experts said.

Foreign institutional investor (FII) selling accelerated in early November, as the total selling crossed Rs 13,925 crore till weekend, NSDL data showed on Saturday.

Analysts said that softer earnings in India compared to other markets has accelerated the momentum sell trade in India, which is getting invested in US, China, Taiwan and South Korea, regarded as the beneficiaries of the ongoing AI trade.

However, the AI trade cannot continue for long since there are concerns of a bubble building up in AI stocks, and when the AI trade loses steam, India will attract FII inflows, said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, adding that the timeline for this prediction cannot be predicted.

The price of 24-carat gold (10 grams) surged by Rs 4,694 over the week, supported by safe haven buying and decline in dollar, but fell from weekly high on Friday after the end of US government shutdown.

The price of 10 grams of 24-carat gold closed the week at Rs 1,24,794 down from Rs 1,20,100 last week, according to data published by the India Bullion and Jewellers Association (IBJA).

The domestic gold prices witnessed one of its sharpest intraday falls, by nearly Rs 5,000 per 10 gram on Friday to hit the day's low of Rs 1,21,895, but gained later in the day.

The proposed RBI regulatory measures, coupled with the credit guarantee scheme for exporters announced by the government, could provide liquidity relief to exporters and help them ride out the near-term pressure on cashflows because of deferment of orders or payments, according to industry experts.

The Central Bank has announced several measures to mitigate the impact of trade disruptions on Indian exports “arising on account of global headwinds.”

Indian equity markets ended the week on a strong note, with benchmark indices gaining on the resolution of the US government shutdown, supported by strong domestic fundamentals, better-than-expected Q2 earnings, easing inflation and NDA's historic victory in Bihar, according to analysts.

Record-low October inflation reinforced expectations of an RBI rate cut, adding momentum to domestic equities.

According to Vinod Nair, Head of Research, Geojit Investments Limited, sectoral momentum was broad-based, led by gains in IT, Pharma, healthcare and Auto stocks.

Gold prices saw a significant drop on Friday, mirroring the softer trend in global markets as traders reacted to fading expectations of a near-term US Federal Reserve rate cut.

Gold futures contracts on the Multi-Commodity Exchange (MCX) opened firmly in red and stayed under pressure throughout the session. The December futures contract of gold dropped by Rs 1,186, or 0.94 per cent, settling at Rs 1,25,573 per 10 grams.

MCX Silver December contracts dipped 1.09 per cent or Rs 1,690 to Rs 1,60,780 per kg.

After India's WPI data for October showed deflation, industry bodies on Friday forecast WPI inflation to remain range-bound mainly due to benign international crude oil prices.

"We expect WPI inflation to remain range-bound due to benign international crude oil prices, comfortable buffer stocks of food-grains and healthy kharif harvest," said Dr Ranjeet Mehta, CEO & Secretary General, PHD Chamber of Commerce and Industry (PHDCCI).

State-owned Bank of Baroda forecasted that international commodity prices and oil prices may see some inching up if there is a revival in demand seen following the re-opening of the US government after a 43-day-long shutdown.

Indian equity indices recovered from early losses to end the session on a positive note on Friday as the National Democratic Alliance (NDA) headed towards a landslide win in the Bihar elections.

The key indices remained volatile throughout the session as counting for votes for Bihar's Assembly election continues.

Sensex settled at 84,562.78, up 84.11 points or 0.10 per cent. The share index started the session at 84,060.14, falling over 400 points against last day's closing of 84,478.67 amid caution ahead of Bihar election results. However, the index jumped over 550 points from the day's low to close in green.

India's annual rate of inflation, based on the Wholesale Price Index (WPI), fell deeper in the negative zone to (-) 1.21 per cent during October this year due to the decline in prices of food articles, crude petroleum & natural gas, electricity, mineral oils and manufacture of basic metals, according to a statement issued by the Ministry of Commerce and Industry on Friday.

The month-over-month change in WPI for October stood at (-) 0.06 per cent as compared to the corresponding figure of (-) 0.19 per cent in the previous month of September.

The inflation rate for manufactured goods during October decreased by (-) 0.07 per cent compared to the previous month as the prices of metallic mineral products, basic metals, chemicals and chemical products, motor vehicles, trailers, and semi-trailers declined during the month, official data showed.

The Indian benchmark indices opened in the red zone on Friday, amid negative global cues due to fading hopes of US Fed rate cut and persistent selling by foreign institutional investors (FIIs), as counting went underway for Bihar poll results.

As of 9.25 am, the Sensex declined 292 points, or 0.35 per cent to 84,185 and the Nifty dipped 85 points, or 0.33 per cent to 25,794.

The broadcap indices performed in contrast to the benchmarks, with the Nifty Midcap 100 up 0.27 per cent and the Nifty Smallcap 100 advanced 0.15 per cent.

The Indian benchmark indices opened in mild red zone on Thursday, amid mixed global cues and persistent selling by foreign institutional investors (FIIs).

As of 9.25 am, Sensex declined 68 points, or 0.08 per cent at 84,398 and Nifty dipped 15 points, or 0.05 per cent to 25,860.

The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 down 0.13 per cent and the Nifty Smallcap 100 dipped 0.27 per cent.

Tata Steel, Hindalco and Dr Reddy's Labs were among the major gainers in the Nifty Pack, while losers included Bajaj Finance, Apollo Hospitals, Shriram Finance and TCS.

The Indian benchmark indices opened in green zone on Wednesday, amid reports of an imminent India-US trade deal and exit polls in Bihar predicting decisive majority for NDA.

As of 9.25 am, Sensex advanced 496 points, or 0.59 per cent at 84,367 and Nifty inched up 147 points, or 0.58 per cent to 25,842.

The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 up 0.55 per cent and the Nifty Smallcap 100 adding 0.61 per cent.

Max Healthcare and Tech Mahindra were among the major gainers in the Nifty Pack, while losers included Maruti Suzuki and Trent.