SGX Nifty November 2025 futures were trading with a gain of 3.35 points (or 0.01%) in early trade, indicating a subdued opening for the Nifty 50 today.
Bihar Elections:
The results of the 2025 Assembly Elections conducted in Bihar will be announced today. The 2025 Bihar elections represent a significant competition between the NDA and the RJD-led Mahagathbandhan. Exit polls suggest a robust performance for the NDA; however, the ultimate outcome will be disclosed after the counting is complete, which will establish the state’s leadership for the upcoming five years.
This year’s election will determine if Nitish Kumar remains as chief minister or if Tejashwi Yadav reshapes Bihar’s political landscape. The counting of votes commenced at 8:00 am, with preliminary trends anticipated by midday. This election has garnered significant attention due to its elevated voter participation rates and the potential for the Nitish Kumar-led NDA to regain power.
Institutional Flows:
Foreign portfolio investors (FPIs) divested shares amounting to Rs 383.68 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 3,091.87 crore in the Indian equity market on 13 November 2025, according to provisional data.
Global Markets:
Asia-Pacific markets declined on Friday, following the downward trend on Wall Street, as technology stocks faced ongoing pressure and uncertainties regarding Fed rate cuts persisted. The South Korean won appreciated against the dollar following the finance minister’s statement on Friday that the country’s FX authorities will engage with major market participants, including the national pension fund and key exporters, to explore strategies for stabilizing the won, as reported by the media.
According to the report, Finance Minister Koo Yun-cheol informed senior economic officials that measures were necessary to address the structural mismatch in U.S. dollar supply and demand, in light of increasing concerns regarding currency market volatility. In China, fixed-asset investment, which includes real estate, contracted 1.7% for the first ten months of the year, steepening from a 0.5% decline in the January-to-September period.
Industrial output increased by 4.9% year on year in October, a deceleration from the 6.5% growth observed in the previous month. Retail sales increased by 2.9% in October compared to the same month last year, showing a slight decline from the 3% year-on-year growth recorded in September. Overnight in the U.S., all three major averages closed lower as investors continued to sell shares of technology companies, particularly those involved in the artificial intelligence sector, due to concerns regarding their valuations. The Nasdaq Composite experienced a decline of 2.29%, closing at 22,870.36.
Domestic Market:
The domestic equity market concluded the day nearly flat on Thursday. Both benchmarks remained marginally positive, extending their winning streak to a fourth consecutive session. The Nifty concluded at Rs 25,850 as investors maintained initial optimism before adjusting their positions as the session progressed. Metal and pharma stocks experienced an uptick, whereas PSU banks and FMCG shares saw a decline, resulting in a mixed performance across sectors. Sentiment improved following the decline of India’s retail inflation to a historic low of 0.25% in October. The significant decline has bolstered expectations for a potential rate cut by the Reserve Bank of India in December.
Global indicators also contributed positively. The US president, Trump, has enacted a temporary funding bill aimed at resolving the government shutdown. Expectations of tariff relief for India contributed to the optimistic sentiment prevailing in emerging markets. However, persistent foreign investor outflows and a weak Rs capped gains. Profit-booking emerged at elevated levels as traders adopted a cautious stance ahead of the Bihar election results tomorrow, resulting in the indices hovering near the flatline by the close.
The S&P BSE Sensex increased by 12.16 points, reflecting a change of 0.01%, reaching a total of 84,478.67. The Nifty 50 index increased by 3.35 points, reflecting a growth of 0.01%, reaching a total of 25,879.15. In four consecutive trading sessions, the Sensex increased by 1.51%, and the Nifty also saw an addition of 1.51%.