NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on November 14

The Indian equity markets are set to open lower on Friday, November 14, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad dropped 100 points to 25,854 amid weak cues from Asian markets.

After a volatile session, the Indian stock market ended flat on Thursday with metal stocks leading the gains amid positive global cues. Additionally, Moody’s decision to maintain its forecast for India’s GDP growth further supported market sentiment.

At close, the S&P BSE SENSEX stood at the 84,478.67 level, up 12.16 points, or 0.01%, while the NSE NIFTY50 rose 3.35 points, or 0.01%, to settle at 25,879.15.

Asian markets

Asian markets were trading lower on Friday taking cues from weak trend in US markets after reports suggested that Fed may slow the pace of rate cuts going ahead.

Japan's Nikkei dropped 1.6%, Hong Kong's Hang Seng tumbled 0.72%, South Korea's KOSPI plunged 2.6% and Singapore's Straits Times declined 0.4%.

Wall Street update

US stocks ended sharply lower dragged down by steep losses in Nvidia and other recent outperforming AI-related shares amid expectations of lower interest rate cuts due to inflation worries and divisions among central bankers about the US economy's health, news agency Reuters reported.

The S&P500 dropped 1.66%, Dow Jones Industrial Average declined 1.65% and tech heavy Nasdaq fell 2.29%.

FII/DII activity

Foreign institutional investors sold shares worth ₹384 crore on Thursday while domestic institutional investors bought shares worth ₹3,092 crore, data from the National Stock Exchange showed.

The FIIs have so far this month sold shares worth ₹8,145 crore and for the calendar year they have been net sellers to the tune of ₹1,48,055 crore, according to the data from National Securities Depository Limited (NSDL).

Stocks to watch

The Delhi-based firm's revenue from operations advanced 45% to ₹6,172 crore in July-September period from ₹4,263 crore in the year-ago period.

Eicher Motors reported mixed operational performance as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also known as operating profit jumped 39% to ₹1,512 crore in September quarter as against ₹1,088 crore a year earlier but its EBITDA margin contracted by 100 basis points to 24.5%.

Royal Enfield recorded its highest-ever quarterly sales of 3,27,067 motorcycles, up 45% from 2,25,317 motorcycles sold during second quarter of previous financial year.

The newly listed firm reported a net profit of ₹498 crore during the July-September quarter of the last fiscal year.

Total revenue from operations stood at ₹18,585 crore compared to ₹17,535 crore seen in the year-ago period.

Profit before tax rose to ₹1,694 crore in the second quarter as against ₹1,225 crore logged in the year-ago period, it added.

The drug firm reported a net profit of ₹229 crore for the July-September period of the last fiscal.

Revenue from operations rose to ₹2,556 crore for the second quarter, as against ₹2,355 crore seen in the year-ago period, Ipca Laboratories said in a regulatory filing.

It had clocked a net profit of ₹73.3 crore in the July-September period of FY25, the company said in an exchange filing.

The company, however, increased its income to ₹1,271.6 crore in the second quarter, from ₹1,230.9 crore in the year-ago period.

For April-September FY26, the company saw its net profit grow by around 20% to ₹144.7 crore, from ₹121.1 crore in the six-month period of the previous fiscal.

The company, which was listed on October 14, had a net profit of ₹535.70 crore during the July-September period a year ago, according to a regulatory filing from LG Electronics India Ltd.

Its revenue from operations was almost flat at ₹6,174.02 crore in the September quarter of FY26. It was ₹6,113.88 crore in the corresponding period a year ago.

Total expenses of LG Electronics India were ₹5,728.95 crore, up 5% in the second quarter of FY26.

This is the maiden quarter results filing of LG Electronics India, part of the South Korean chaebol LG Electronics Inc.

The company posted a net profit of ₹1,251.1 crore in the second quarter of the previous fiscal.

The total income rose to ₹6,461 crore compared to ₹4,126 crore in the corresponding period a year ago, Muthoot Finance said in a regulatory filing.

During the quarter, interest income increased to ₹6,304 crore against ₹4,068 crore in the second quarter of FY25.

It had posted a consolidated net profit of ₹132.83 crore in the July-September period a year ago, according to a regulatory filing from the Tata Group firm.

Voltas' revenue from operations declined 10.37% to ₹2,347.32 crore in the September quarter of FY26 as compared to ₹2,619.11 crore in the corresponding quarter a year ago.

Trade setup

On the technical front, NIFTY50 formed a doji candlestick pattern on Thursday, indicating indecisiveness by the market participants on the direction. Experts believe the index could pause the rally before marching ahead towards 26,200. For NIFTY50, the near-term support stands at 25,700 and resistance at 26,050.

On the options data front, the 25,500 puts hold the highest open interest, indicating a near-term support for the index. On the other hand, the 26,000 calls held the highest open interest, indicating near-term resistance for the index.