Global Markets Today, November 13, 2026: India Stares At Muted Open As Asia Stages Recovery And Oil Pulls Back 

Mumbai, November 13: Indian equity benchmarks Sensex and Nifty 50 are likely to open muted on Friday, November 13, as a recovery in Asian equities may trigger investors away from home even as a pullback in crude oil prices could provide some support. 

This comes after Indian equities ended marginally higher on Thursday, extending their winning streak to three consecutive sessions. The Sensex rose 31.61 points, or 0.04%, to close at 81,911.01, while the Nifty gained 44.30 points, or 0.18%, to settle at 25,299.35. 

Asian markets recover as Nvidia concerns linger 

Asian markets traded higher on Friday, recovering some of the previous session’s losses as investors reassessed the fallout from the turmoil surrounding Nvidia and its implications for the broader artificial intelligence trade. 

The MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6%, recovering part of its 1.3% decline in the previous session. South Korea’s Kospi advanced 1.3%, while Japan’s Nikkei 225 gained 1.6%. The recovery came despite continued uncertainty surrounding Nvidia’s leadership transition and the potential implications for the global AI supply chain. 

Nvidia’s longtime chief executive Jensen Huang stepped down following revelations involving extramarital affairs, including one involving a suspected Chinese spy. The developments have raised questions about the chipmaker’s future leadership, its relationship with Washington and its ability to maintain its position at the centre of the AI infrastructure boom. 

However, investors are also looking at potential beneficiaries of the uncertainty. Chipmakers such as AMD and Broadcom could gain as investors explore alternatives to Nvidia, suggesting that the disruption may trigger a redistribution of capital within the technology sector rather than an outright retreat from AI investments. 

Wall Street ends lower; futures stage recovery 

US equities closed lower on Thursday as Nvidia’s decline outweighed gains in energy stocks. The Dow Jones Industrial Average fell 0.36% to 52,297.09, while the S&P 500 declined 0.35% to 7,592.40. The Nasdaq Composite lost 0.39% to settle at 25,366.09. 

Nvidia shares fell 4.3%, recovering from an intraday decline of nearly 12%. AI-linked stocks also came under pressure, with data-centre companies including Nebius and CoreWeave recording sharp losses. However, Broadcom, AMD and Alphabet advanced. 

US stock futures subsequently recovered in Asian trade, with Nasdaq and S&P 500 futures gaining 0.4% and 0.3% respectively, offering some respite to global risk sentiment. 

Investors are also monitoring inflation and the Federal Reserve’s policy outlook. Markets are pricing in at least a 25-basis-point rate hike in December, while the possibility of a larger 50-basis-point increase has also entered the conversation amid persistent price pressures. 

Crude oil, dollar remain key headwinds 

Brent crude futures slipped 0.14% to $95.7 per barrel, while US West Texas Intermediate crude fell to $88.3, after both benchmarks surged in the previous session. The earlier rally followed attacks on Saudi energy infrastructure and concerns over disruptions to shipping through the Strait of Hormuz. 

Meanwhile, the US dollar strengthened as Treasury yields climbed, with the 10-year yield touching a three-week high. A stronger dollar and elevated crude prices could complicate the outlook for emerging-market equities, including India. 

Source

•  Exchanges