Stock Market Open Report November 12, 2026: Sensex Adds 330 pts, Nifty Tops 25,350 as Financials Lead After Soft Start; Oil Eases

Wall Street ended higher on Wednesday, with the Nasdaq up 1.60 per cent, the S&P 500 up 1.31 per cent and the Dow Jones up 0.49 per cent. The VIX volatility index plunged 10.12 per cent to 17.49. The Iran war remains a risk, as US Treasury Secretary Scott Bessent has moved to a military base after Iranian threats, Reuters reported. President Donald Trump has said he will hold off on fresh strikes for now, but the naval blockade stays.

Gainers & Losers

HDFC Life Insurance Company (HDFCLIFE) led the Nifty 50 gainers, rising 3.11 per cent to a last traded price (LTP) of Rs 591.40 from the previous close of Rs 573.55, a gain of Rs 17.85. Bajaj Finserv (BAJAJFINSV) gained 2.60 per cent to Rs 1,893 from Rs 1,845, SBI Life Insurance Company (SBILIFE) rose 2.15 per cent to Rs 1,805 from Rs 1,767, Shriram Finance (SHRIRAMFIN) advanced 1.95 per cent to Rs 988.05 from Rs 969.15, and Bajaj Finance (BAJFINANCE) climbed 1.79 per cent to Rs 1,098.10 from Rs 1,078.80. Banking heavyweights also joined in, with State Bank of India (SBIN) up 1.12 per cent at Rs 1,073.10 against Rs 1,061.20 and ICICI Bank (ICICIBANK) up 1.11 per cent at Rs 1,589.10 against Rs 1,571.60, while ITC (ITC) added 1.46 per cent to Rs 289.15 from Rs 285. On the losing side, Mahindra & Mahindra (M&M), Wednesday’s top gainer, fell 1.33 per cent to an LTP of Rs 3,419 from the previous close of Rs 3,465, while Grasim Industries (GRASIM) lost 1.30 per cent to Rs 3,115.70 from Rs 3,156.70. Apollo Hospitals Enterprise (APOLLOHOSP) dropped 1.14 per cent to Rs 8,505.50 from Rs 8,604, Sun Pharmaceutical Industries (SUNPHARMA) fell 1.09 per cent to Rs 1,881.50 from Rs 1,902.30 and Nestle India (NESTLEIND) slipped 0.74 per cent to Rs 1,278.50 from Rs 1,288. Among IT stocks, Infosys (INFY) fell 0.56 per cent to Rs 1,148.50 from Rs 1,155 and Tata Consultancy Services (TCS) lost 0.55 per cent to Rs 2,458.50 from Rs 2,472.10.

Broad Markets & Sectoral Indices

Among broad market indices, the Nifty Smallcap 100 rose 1.34 per cent to 19,750.40 from 19,489.35, the Nifty Smallcap 250 gained 1.21 per cent to 18,013.25 from 17,798.15 and the Nifty Microcap 250 added 0.94 per cent to 25,873 from 25,632.45, while the Nifty Midcap 100 rose 0.60 per cent and the Nifty 500 gained 0.46 per cent, with no broad index in the red. Among sectoral indices, the Nifty Financial Services gained 1.18 per cent to 27,990.30 from 27,663.40, the Nifty Consumer Durables rose 1.06 per cent to 38,946.70 from 38,536.40 and the Nifty Realty added 0.97 per cent to 902.60 from 893.95. The Nifty Bank rose 0.79 per cent to 61,273.85 from 60,792.40, while the Nifty Auto slipped 0.20 per cent to 28,465.45 from 28,523.30. On the weaker side, the Nifty IT fell 0.58 per cent to 32,109.80 from 32,295.60, the Nifty Healthcare lost 0.57 per cent to 17,256.90 from 17,355.35 and the Nifty Pharma dropped 0.49 per cent to 28,635.95 from 28,776.45. India VIX, the fear gauge, eased 1.82 per cent to 17.24.

Oil Prices

Brent crude fell USD 0.67, or 0.72 per cent, to USD 92.09 a barrel, retreating from USD 93.36 on Wednesday, while West Texas Intermediate (WTI) slipped USD 0.63, or 0.73 per cent, to USD 85.90. The OPEC basket dropped 6.49 per cent to USD 86.02 on delayed data, while WTI Midland lost 0.53 per cent to USD 86.62. Gasoline eased 0.54 per cent to USD 2.593 and heating oil slipped 0.19 per cent to USD 4.204, while natural gas rose 2.18 per cent to USD 3.285. Lower crude helps India, a major importer, by easing the import bill, inflation and pressure on the rupee.

Asian Markets

Asian stocks were mostly higher on Thursday morning, with South Korea’s Kospi up 1.50 per cent at 5,456.23, Japan’s Nikkei up 0.76 per cent at 61,714.16 and Taiwan up 0.51 per cent at 44,482.76. Shenzhen rose 0.53 per cent to 11,449.79, New Zealand’s NZX 50 climbed 0.57 per cent to 14,260.24, Shanghai added 0.29 per cent to 3,691.24 and Singapore’s Straits Times inched up 0.07 per cent to 5,293.27, while Thailand’s SET was flat at 1,502.11. Hong Kong’s Hang Seng fell 1.25 per cent to 24,012.98, the SGX-CNBC China Growth index lost 0.99 per cent, Malaysia dropped 0.50 per cent to 1,587.22 and Australia’s ASX 200 slipped 0.37 per cent to 9,119.10.

US Markets

US stocks ended higher on Wednesday, with the Nasdaq Composite up 400.31 points, or 1.60 per cent, at 25,466.19 and the S&P 500 up 98.45 points, or 1.31 per cent, at 7,619.38. The Dow Jones Industrial Average gained 254.60 points, or 0.49 per cent, to 52,486.49, while the Nasdaq 100 jumped 2.28 per cent to 28,374.25 and the Russell 2000 small-cap index rose 0.88 per cent. The NYSE Composite added 0.76 per cent, transport stocks climbed 1.19 per cent and the VIX volatility index plunged 10.12 per cent to 17.49.

Middle East Conflict

Bessent moved from his Washington residence to a US military base after Iranian threats against his life, two people familiar with the matter told Reuters on Tuesday. A senior intelligence official warned in a memo late last month that Iranian plots against US personnel and citizens had reached an advanced stage, though Iran has previously denied plotting such attacks. Bessent leads Operation Economic Outcast, a sanctions campaign to push Tehran to end attacks on shipping and reopen the Strait of Hormuz, which has been largely closed since the US and Israel attacked Iran on February 28, and the Treasury said he will not be deterred. On Monday, Trump said he plans to hold off on new strikes for now but will keep the naval blockade in place, while senior US and Gulf officials see no imminent deal.

Wednesday’s Close

Indian equity benchmarks extended their November rally on Wednesday, with the Sensex up 772.75 points, or 0.95 per cent, at 81,879.40 and the Nifty 50 up 210.40 points, or 0.84 per cent, at 25,255.05, after Tuesday’s Diwali-Balipratipada holiday. Market breadth was firmly positive, with 2,756 shares advancing, 1,555 declining and 162 unchanged, while the Nifty Smallcap index rose 1.6 per cent and the Nifty Midcap index gained 0.8 per cent. Mahindra & Mahindra (M&M), InterGlobe Aviation (INDIGO), Eicher Motors (EICHERMOT), Trent (TRENT) and Tata Steel (TATASTEEL) led the Nifty 50 gainers, while Tech Mahindra (TECHM), ICICI Bank (ICICIBANK), Nestle India (NESTLEIND), HCL Technologies (HCLTECH) and Titan Company (TITAN) were among the laggards. Foreign portfolio investors have bought Indian shares worth USD 5.68 billion so far in November, their biggest monthly buying since September 2024, and both benchmarks are up nearly 10 per cent this month.

Sources

• NSE data
• BSE data
• CNBC
• OilPrice.com
• Reuters