Market wrap, Nov 12: NIFTY50 ends at 25,229, SENSEX flat; NIFTY Smallcap 100 outperforms for second straight session

The Indian stock market closed flat on Thursday, November 12, after a range-bound session following buying interest in the banking and financial services stocks. A strong inflow from the foreign investors, easing crude oil prices and a rally in capital market stocks also added to the investors’ sentiment.

Brent crude oil prices were trading above $91 per barrel during early market hours on Thursday, as investors assessed the US pause in attacks in West Asia and the Houthis' claims of recent missile attacks on Saudi Arabia. However, prices moved higher during the day, with Brent crude trading above $92 per barrel by the close of Indian market hours.

According to exchange data, on Wednesday, the foreign institutional investors (FIIs) bought equities worth ₹12,563.33 crore on a net basis, while the domestic institutional investors (DIIs) sold ₹8,434.53 crore worth of equities.

So far, FIIs have invested ₹60,698 crore worth of net investment in Indian equities during the first 11 days of November 2026, after two months of consistent selling pressure starting in September and eventually fading towards the end of October this year.

Globally, Asian stocks came under heavy selling pressure on Thursday as investors turned cautious amid uncertainty over Nvidia’s leadership and growing US scrutiny on the semiconductor sector.

Japan’s Nikkei index closed 0.99% lower, South Korea’s KOSPI tanked 0.61%, while China’s Shanghai Composite lost 0.68%, while Hong Kong’s Hang Seng declined 1.46%.

On Wall Street, the US equity market indices surged to end higher, with S&P and Nasdaq posting significant intraday gains on Wednesday, as investors carried out value buying in the AI and tech sector stocks after the latest corrections in the market.

The Dow Jones Industrial Average ended 0.49% higher at 52,486.49 points, the S&P 500 index closed 1.31% higher at 7,619.38 points and the tech-heavy Nasdaq 100 index also rallied to end 2.28% higher at 28,374.25 points.

Here are the key developments of Thursday's session that you need to know

As many as 3,721 stocks traded on the NSE on Thursday. Out of this, 2,080 advanced and 1,537 stocks declined, while 102 scrips remained unchanged.

This indicated that the market breadth was in favour of advances.

A total of 95 stocks hit their 52-week highs, while 23 stocks touched their one-year lows. Besides, 123 stocks hit their upper circuit limits, and 66 touched their lower circuit bands on Thursday.

The market capitalisation of NSE-listed firms stood at ₹508.27 lakh crore at the close of the session.

India VIX, the volatility gauge, stood at 16.61 levels, declining 5.38%.

The broader market, however, continued to outperform for the second consecutive session on Thursday. The NIFTY Smallcap 100 index surged 1.12% to end at 19,706.75 levels, while the NIFTY Midcap 100 index closed at the 62,039 level, soaring 0.85%.

NIFTY Realty took the lead among gainers, rising 4.5%, followed by NIFTY Media (2.46%), NIFTY PSU Bank (1.51%), NIFTY Private Bank (0.87%) and NIFTY Consumer Durables (0.35%).

Meanwhile, NIFTY Auto (-1.02%), NIFTY FMCG (-0.74%), NIFTY IT (-0.41%), NIFTY Pharma (-0.35%) and NIFTY Metal (-0.11%) were the top losers among sectors.

On the NIFTY50 index, 20 stocks advanced while 30 declined at the end of the session.

HDFC Life Insurance (4.23%), Shriram Finance (3.58%), Bajaj Finance (3.36%), SBI Life Insurance (2.97%) and State Bank of India (2.97%) constituted the gainers’ pack.

On the flip side, Nestle India (-2.1%), Mahindra & Mahindra (-1.9%), Power Grid Corporation of India (-1.63%), Hindustan Unilever (-1.47%) and Trent (-1.32%) were the biggest laggards on the 50-share index.