The market showed a mixed picture: the Sensex remained unchanged during the pre-opening phase, while the Nifty index was around the 25,200 mark. Meanwhile, most markets in the Asia-Pacific region demonstrated growth at the start of the trading session.
According to data from November 12, 2026, the GIFT Nifty indicated a positive start for the Nifty50 index, as most global signals remained optimistic. Futures for this index were valued at 25,245, which is 31 points higher.
Most Asia-Pacific markets opened higher in early trades on Thursday, reflecting movements that occurred on Wall Street the previous day. The Nikkei 225 of Japan and the Kospi of South Korea rose by 0.72% and 0.67%, respectively. However, the Hang Seng index fell by 1.27%.
The Dow Jones Industrial Average and S&P 500 closed higher the day before, by 0.49% and 1.31%, respectively. The Nasdaq Composite finished trading with a gain of 1.60%. In after-hours trading, Nvidia's stock price dropped by 7% following reports of a potential board of directors move to replace CEO Jensen Huang.
Brent crude oil lost its daily gain on Thursday morning. In the previous session, oil prices rose by 1% after Iran announced the preservation of its nuclear material reserves—the main point of contention between Tehran and Washington. January futures traded on the Intercontinental Exchange at $91.93 per barrel, which is 0.77% lower.
Gold and silver futures decreased by 0.29% and 0.74%, respectively.
Second Quarter Results Today
A number of companies, including Action Construction Equipment, Alkem Laboratories, Amber Enterprises India, Astra Microwave Products, Automotive Axles, Avalon Technologies, Bharat Dynamics, Bondada Engineering, Caplin Point Laboratories, Dilip Buildcon, Dollar Industries, EIH, Elevate Campuses, EMS, Ethos, Fiem Industries, Hindustan Aeronautics, Hinduja Global Solutions, Vodafone Idea, IFCI, Indian Railway Catering & Tourism Corporation (IRCTC), Kennametal India, Kesoram Industries, Landmark Cars, Manappuram Finance, Man Industries (India), NMDC, NMDC Steel, Oil India, Ola Electric Mobility, Oswal Pumps, Page Industries, Procter & Gamble Hygiene & Health Care, Hitachi Energy India, Premier Explosives, Rane Holdings, Rashtriya Chemicals & Fertilizers (RCF), Religare Enterprises, Reliance Power, Sharda Motor Industries, S.P. Apparels, TARC, Tarsons Products, TD Power Systems, Techno Electric & Engineering Company, Travel Food Services, and Uflex, will publish their financial results on Wednesday.
Rupee Opens Slightly Weaker Against US Dollar
According to Bloomberg data, the rupee opened 5 points weaker against the US dollar, reaching 93.74, compared to the closing level of 93.69 against the dollar on Wednesday.
MSCI Index Changes
In the November 2026 review, MSCI included four stocks in its MSCI India Standard Index: Coforge, Life Insurance Corporation of India (LIC), Adani Green Energy, and Meesho. Additionally, the company PI Industries was excluded from the index.
Stocks under focus during Thursday's trading session include Bajaj Finance, Garden Reach Shipbuilders & Engineers (GRSE), Meesho, Life Insurance Corporation of India (LIC), ITC, and Tata Investment.
GIFT Nifty at 25,209
GIFT Nifty was recorded at 25,209, which is 6 points lower.
Brent Crude Prices Trade Off Lows
As mentioned earlier, Brent crude lost its daily gain on Thursday morning. Previously, oil prices rose by 1% after Iran announced its intention to maintain its nuclear material reserves, which is the main sticking point between Tehran and Washington. January futures traded on the Intercontinental Exchange at $91.93 per barrel, which is 0.77% lower.
Asian Markets Advance
Most Asia-Pacific markets showed gains at the start of trading on Thursday, aligning with overnight movements on Wall Street. The Nikkei 225 of Japan and the Kospi of South Korea increased by 0.72% and 0.67%, respectively. Meanwhile, the Hang Seng index fell by 1.27%.
Nasdaq 100 futures declined in the Asian session, supported by the 7% drop in Nvidia shares. The semiconductor company's stock fell after reports emerged that the board of directors might prepare to replace CEO Jensen Huang. Nasdaq 100 and S&P 500 futures fell by 0.48% and 0.27%, respectively, while Dow Jones futures rose by 0.12%.
