SGX Nifty November 2025 futures were observed trading down by 29.00 points (or 0.11%) in early trade, suggesting that the Nifty 50 may commence the day in negative territory.
Institutional Flows:
On 21 November 2025, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 1,766.05 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 3,161.61 crore in the Indian equity market.
Global Markets:
Asia-Pacific markets commenced the week on a positive note on Monday, propelled by increasing optimism surrounding a potential Federal Reserve interest rate cut in December, even as divisions among policymakers regarding this decision persist. The expectation of upcoming catalysts influenced market dynamics. Market participants are anticipating the forthcoming release of crucial economic indicators later this week, particularly U.S. retail sales and producer prices data. Additionally, British finance minister Rachel Reeves is set to present her much-anticipated budget this week.
Geopolitical developments played a pivotal role in shaping trading sentiment. Oil prices experienced a decline following the announcement from the United States and Ukraine regarding the establishment of a “updated and refined peace framework” designed to conclude the conflict with Russia, which has heightened expectations for a possible increase in global oil supply.
On Wall Street, major averages experienced a rebound on Friday, with the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 all finishing in positive territory. The Dow Jones Industrial Average increased by 493.15 points (1.08%), finishing at 46,245.41. The Nasdaq Composite increased by 0.88%, closing at 22,273.08. The S&P 500 concluded the trading session with an increase of 0.98%, closing at 6,602.99. The increase came after remarks from New York Federal Reserve President John Williams, indicating that the central bank may consider lowering interest rates once more this year. Williams noted that the current weakness in the labor market presents a more significant risk to the economy than high inflation, suggesting that additional rate cuts could be on the table.
The Federal Reserve has only one meeting left in 2025, set for December 9-10, while the existing target rate range is between 3.75% and 4.00%. The recent record U.S. government shutdown, which concluded earlier this month, has introduced complexities to the outlook for U.S. rates. Policymakers are facing considerable data deficiencies that typically shape their understanding of the world’s largest economy. The U.S. Bureau of Labor Statistics brought attention to this matter on Friday by announcing the cancellation of October’s consumer price report, attributing the decision to the shutdown that hindered essential data collection.
Domestic Market:
The domestic equity markets concluded the trading session on Friday with a decline, as profit-taking activity surfaced on domestic exchanges following a two-day rally. The Nifty experienced a decline, closing beneath the 26,100 mark due to widespread selling activity. Excluding FMCG, all other sectoral indices closed lower, with notable declines observed in capital goods, realty, PSU Bank, and metal sectors.
The S&P BSE Sensex experienced a decline of 400.76 points, equivalent to 0.47%, closing at 85,231.92. Meanwhile, the Nifty 50 decreased by 124 points, also 0.47%, settling at 26,068.15.