NIFTY50, SENSEX trade higher after negative open on Nov 12; M&M, Bharti Airtel, IT stocks among top losers

At 9:15 am (IST), NSE data showed that the NIFTY50 opened 0.16% or 41.55 points lower at 25,213.50 on Thursday’s market session, in comparison to 25,255.05 points at the previous equity market close.

The BSE SENSEX opened 0.14% or 117.13 points lower at 81,762.27 points on November 12, in comparison to 81,879.40 points at the previous stock market close, as per the exchange data.

After the negative opening, both the benchmark indices recovered their losses during the early market session, trading higher in positive territory on November 12. As of 9:20 am (IST) on Thursday, NIFTY50 was up 0.10% at 25,282 points, while the SENSEX was up 0.14% at 82,011 points.

Heavyweight stocks like HDFC Life Insurance, Bajaj Finserv, Bajaj Finance and Shriram Finance were supporting the index from going back down to its early market losses, while IT stocks like TCS, Infosys, Tech Mahindra, and others like Mahindra & Mahindra, Grasim Industries, and Bharti Airtel continued their drag during the morning market.

Before the opening bell on Thursday, the GIFT NIFTY futures were indicating a potential for a weak or flat performance on November 12, as investors analyse the potential for FII inflow sustainability after nearly 11 days of buying support this month.

Data showed that FIIs have carried out ₹60,698 crore worth of net investment in Indian equities during the first 11 days of November 2026. This comes after two consecutive months of selling pressure, as foreign investors bought fundamentally strong and attractive large-cap stocks at a lower price.

On Nov 11, FIIs purchased more than ₹12,563 crore worth of capital market assets, while domestic investors sold ₹8,434.53 crore in a single day as they continued their profit-booking streak, which started at the end of October this year.

Thursday’s early market performance comes amid the largely positive momentum from Asian markets as investors focus on crude oil trading around $91 per barrel, with the United States maintaining its pause on escalations amid the Houthi attacks in Saudi Arabia.

Brent crude oil (January futures) was trading 1.36% lower at $91.50 per bbl as of 9:43 am (IST), in comparison to $92.62 per bbl at the previous equity market close, according to Investing.com data.

Energy prices were down 6.8% on a five-day basis after the recent pullback, and have lost 14% in the last one-month period. However, crude oil prices remain nearly 3% higher on a three-month basis.

Top gainers & losers on Nov 12

Stocks like HDFC Life Insurance, Bajaj Finserv, Bajaj Finance, Shriram Finance, ITC, and SBI Life Insurance were among the top gainers supporting the NIFTY50 index on Thursday’s market.

HDFC Life was up 3.3%, Bajaj Finserv was up 2.5%, Bajaj Finance was up 2.2%, Shriram Finance was up 2.2%, ITC was up 1.5%, and SBI Life Insurance was up 1.4% as of the early market trade.

Others like Mahindra & Mahindra, Grasim Industries, Apollo Hospitals, Sun Pharma, Bharti Airtel, and TCS were among the top laggards as of the early trade.

M&M was down 1.3%, Grasim was down 1.1%, Apollo Hospitals was down 1.1%, Sun Pharma was down 1%, Bharti Airtel was down 0.8%, and TCS was down 0.6% on Thursday’s market.

Out of the 50 stocks listed under the NIFTY50 index, 25 stocks were trading in the green, while the remaining 25 stocks were down in the red as 9:42 am (IST), on November 12.