SGX Nifty November 2026 futures increased by 65 points, indicating a favourable start for the Nifty 50.
Institutional Flows:
Foreign portfolio investors divested shares amounting to Rs 00.25 crore, whereas domestic institutional investors recorded net sales of Rs 700.31 crore in the Indian equity market on 8 November 2026, as per provisional data. Foreign Portfolio Investors acquired shares valued at Rs 38,518.57 crore in November up to 8 November 2026. This follows net selling of Rs 48,082.27 crore in October 2026, while FPIs were net sellers of Rs 45,536.89 crore in September 2026.
Global Markets:
Dow futures increased by 337 points, indicating a robust opening for US equities. Most Asian indices experienced an upward trend on Monday, 9 November 2026, as investors evaluated the recent rebound in the US market, new economic data, and the future trajectory of interest rates. Trading exhibited a cautious demeanour in the wake of last week’s pronounced volatility in technology and semiconductor equities. Investors closely observed the dynamics of US-China trade relations alongside fluctuations in crude oil prices. China’s inflation data released on Monday indicated that producer prices increased by 5.7% year-on-year in October, marking an acceleration from the 5% recorded in September. Consumer inflation decelerated to 0.7% from the previous 0.9%, whereas core inflation moderated to 0.8% from 1%.
The data indicated ongoing cost pressures at the producer level, while muted consumer demand persisted in constraining wider price increases. US stocks concluded the trading session on Friday, 06 November 2026, with a mixed performance, as technology shares rebounded from the significant sell-off experienced in the prior session. The S&P 500 increased by 0.31% to 7,376.86, whereas the Nasdaq Composite saw a rise of 1.09% to 24,579.42. The Dow Jones Industrial Average experienced a decrease of 0.46%, closing at 51,285.73. Stocks related to semiconductors and artificial intelligence were at the forefront of Friday’s market recovery. Advanced Micro Devices surged around 11%, while Nvidia gained 2.8% and Micron Technology advanced 5.1%. Intel also climbed 7.7% as investors acquired undervalued technology stocks. IREN surged 20% in response to robust revenue figures and notable expansion in its AI cloud sector.
Airbnb experienced an increase of 11.7% following the announcement of robust third-quarter demand and an upward revision of its full-year revenue growth forecast to the high teens. The company has also raised its adjusted EBITDA margin forecast to approximately 36%. The US labour market exhibited a performance in October that surpassed expectations. Non-farm payrolls rose by 165,000, surpassing expectations of approximately 65,000. September’s job additions were revised upwards to 60,000 from 29,000. The unemployment rate has decreased to 4.1%, down from the previous figure of 4.2%. Average hourly earnings increased by 0.4% on a month-on-month basis and by 3.1% compared to the same period last year. The robust employment data bolstered anticipations that the Federal Reserve may increase interest rates in December. Market-implied probabilities for a 25-basis-point increase have increased to approximately 79%, up from 71% the previous week.
The upcoming significant data release in the United States is the October consumer price index, set for Tuesday, 10 November 2026. The reading will be crucial in evaluating the potential for inflationary pressures to necessitate additional monetary tightening. Brent crude futures experienced a decline of 0.85%, settling at $97.48 per barrel during the early trading session on Monday. The decline followed remarks from US President Donald Trump indicating that new assaults on Iran were improbable if discussions aimed at resolving the conflict persisted. Brent experienced a decline of 17% last week, representing its most significant weekly drop since the onset of the Covid-19 pandemic. However, reports of attacks on vessels near the Strait of Hormuz maintained a heightened awareness of geopolitical risks. Iraq has come to an agreement with the US to facilitate oil exports via a shipping lane close to Oman, utilising the strait for this purpose.
Domestic Market:
The equity benchmarks relinquished their initial gains and concluded the special Muhurat trading session on Sunday with a slight decline, thereby interrupting a seven-session winning streak. The Nifty experienced a temporary ascent, reaching an intraday peak of 25,131.85, before subsequently falling below the 25,000 threshold. Mild profit booking exerted pressure on sentiment. Pharmaceutical and healthcare equities garnered purchasing interest, whereas real estate and banking stocks experienced a downturn. The S&P BSE Sensex declined by 28.62 points, representing a decrease of 0.04%, closing at 80,999.40. The Nifty 50 experienced a decrease of 43.95 points, reflecting a decline of 0.18%, closing at 24,986.40.
