Indian equity benchmarks ended almost flat on November 13, 2025, with the Sensex and Nifty closing marginally higher after a volatile session marked by sectoral swings and muted investor sentiment.
Retail investor sentiment remained cautious as the market digested the sharp drop in India's retail inflation to 0.25% in October, which broadly matched expectations and contributed to a muted start.
Domestic institutional investors (DIIs) continued their buying streak, marking their 14th consecutive session of net inflows, while foreign institutional investors (FIIs) remained net sellers, reflecting a divergence in investor appetite.
Market volatility eased slightly, with the India VIX index declining by 3%, indicating reduced uncertainty and a more stable trading environment.
Overall, the market extended its recent gains, supported by optimism around US-India trade talks and hopes for a resolution to the US government shutdown, but gains were limited by profit booking and mixed global cues.
Key Indices
NIFTY 50
25,879
0.01%
SENSEX
84,467.51
0.001%
Momentum Snapshot
Index
Price
1D
1M
1Y
Sensex
84,467.51
0.001%
2.97%
8.88%
Nifty Next 50
69,852
0.06%
1.87%
4.10%
Nifty 50
25,879
0.01%
2.58%
9.85%
Nifty Midcap 100
60,692
-0.35%
3.28%
12.81%
Nifty Smallcap 250
17,051
-0.40%
-0.07%
2.28%
Sector Highlights
Metal
+0.44%
The metal sector gained 0.44% on Thursday, supported by renewed buying interest in metal counters amid positive global cues and improved demand outlook, following a previous session of underperformance.
Realty
+0.42%
The realty sector rose 0.42%, recovering from earlier lackluster performance, likely driven by selective buying and improved sentiment in select large-cap real estate stocks after a period of weakness.
Pharma
+0.41%
The pharma sector advanced 0.41%, continuing its strong run due to positive investor sentiment and sector-specific buying, following robust earnings and optimism around export demand.
CPSE
-0.60%
The CPSE sector declined 0.60%, dragged by profit booking and weak performance in key public sector enterprises, amid lack of major policy triggers or positive newsflow.
PSU Bank
-0.68%
PSU banks fell 0.68%, underperforming due to profit-taking and concerns over asset quality and margin pressures, despite broader banking sector support from FMCG and metal gains.
Sector Scoreboard
Sector
1D
1W
1Y
3Y
Metal
+0.44%
+0.41%
+16.13%
+63.52%
Realty
+0.42%
-2.41%
-3.10%
+109.25%
Pharma
+0.41%
+1.16%
+1.99%
+73.59%
CPSE
-0.60%
-0.22%
+0.79%
+130.09%
PSU Bank
-0.68%
+0.33%
+23.92%
+122.29%
Movers of the Day
Top Nifty Gainers
Asian Paints
3.96%
Asian Paints rose significantly after the company demonstrated strong resilience and market share retention with robust Q2 volume growth, despite facing increased competition in the sector.
Hindalco
2.21%
Hindalco advanced, likely benefiting from positive sentiment across the metals sector following competitor Tata Steel's announcement of exceptionally strong quarterly profits and robust domestic demand.
ICICI Bank
1.99%
ICICI Bank gained as the banking sector saw positive sentiment, supported by government initiatives to expand credit guarantee schemes and a favorable outlook for a potential valuation re-rating amid stabilizing interest rates.
Interglobe Avi
1.90%
No significant updates available for this stock.
Larsen
1.21%
No significant updates available for this stock.
Top Nifty Losers
Eternal
-3.58%
No significant updates available for this stock.
M&M
-1.46%
No significant updates available for this stock.
ONGC
-1.18%
No significant updates available for this stock.
Bharat Elec
-1.17%
No significant updates available for this stock.
Trent
-1.13%
No significant updates available for this stock.
Stock Spotlight Of The Day
Tata Steel
Market Cap
2,20,410 Cr
Current Price
₹177
Stock P/E
30.0
Dividend Yield
2.04%
ROCE
8.83%
ROE
3.89%
Shareholding Changes (Impact Factors)
FIIs
QoQ
0.07%
YoY
-1.96%
Stable foreign holding
DIIs
QoQ
0.85%
YoY
4.25%
Stable domestic holding
Promoters
QoQ
0%
YoY
0%
No change in promoter holding
Quarterly Summary (Absolute)
Sales
QoQ
Solid pickup
10.36%
YoY
Mild rise
8.87%
Expenses
QoQ
Mild increase
8.83%
YoY
Slight uptick
4.19%
Operating Profit
QoQ
Healthy pickup
19.78%
YoY
Strong profit
45.47%
Net Profit
QoQ
Profits soared
58.59%
YoY
Profits soared
319.37%
Profit & Loss (Compounded)
Sales Growth
10 Years
5%
5 Years
9%
3 Years
-4%
TTM
0%
Profit Growth
10 Years
11%
5 Years
77%
3 Years
-55%
TTM
128%
Stock Price CAGR
10 Years
23%
5 Years
29%
3 Years
18%
1 Year
27%
Return on Equity
10 Years
11%
5 Years
14%
3 Years
6%
Last Year
4%
Fundamentals Corner
The company is staging an impressive turnaround, with recent quarterly profits soaring over 300% YoY, driven by accelerating sales and expanding margins.
However, the stock's high valuation seems to overlook its chronically low and declining Return on Equity (ROE), so investors should watch for sustained improvement in efficiency to justify the price.
News TidBits
Tata Steel announced a remarkable 4.2 times year-on-year surge in its second-quarter net profit, which reached ₹3,183 crore.
This exceptional performance was primarily fueled by strong domestic deliveries and significant operational improvements, indicating robust demand within the Indian market.
The company's success is bolstered by the government's sustained push for infrastructure development and local manufacturing, which directly boosts steel consumption.
These strong results have created a bullish near-to-medium term outlook for the company, likely improving investor sentiment across the entire metals and mining sector.
For retail investors, the company's improved earnings visibility and strategic alignment with national economic goals make it a key stock to monitor.
Stacks on Stacks: Tip Time 🤑
Adopt Charlie Munger's 'inversion' principle by focusing not on how to succeed, but on what to avoid in investing—permanent capital loss, crippling fees, and emotional decisions—as avoiding stupidity is often easier than seeking brilliance.
Inside The Fund
Invesco India Contra Fund
Fund Size: ₹ 20173.03 Cr
NAV: ₹ 162.53 (as on 12th November, 2025)
1 Year
5.68%
Category: 6.05%
2 Year
24.00%
Category: 22.23%
3 Year
20.91%
Category: 21.32%
5 Year
22.17%
Category: 24.91%
10 Year
18.06%
Category: 17.91%
Stocks Added
Stock
Sector
1M Change
Reliance Industries Ltd.
Refineries & marketing
1.52%
Bank Of Baroda
Public sector bank
1.01%
Tata Capital Ltd.
Non banking financial company (nbfc)
0.12%
Stocks Removed
Stock
Sector
1M Change
Pi Industries Ltd.
Pesticides & agrochemicals
-0.34%
Rural Electrification Corporation Limited
Financial institution
-0.07%
Top 10 Holdings
Stock
Holding %
1M Change
HDFC Bank Ltd.
7.29%
0.00%
ICICI Bank Ltd.
6.05%
0.00%
Infosys Ltd.
4.66%
0.00%
Mahindra & Mahindra Ltd.
3.84%
0.00%
Larsen & Toubro Ltd.
3.80%
0.00%
Axis Bank Ltd.
3.18%
0.00%
Eternal Ltd.
2.81%
0.00%
Apollo Hospitals Enterprises Ltd.
2.71%
0.00%
Cholamandalam Investment & Finance Co. Ltd.
2.45%
0.00%
Coforge Ltd.
2.20%
0.00%
The Common Ground
Shows the commonly added & removed stocks by mutual funds last month
Top Added (4)
LG Electronics India Pvt. Ltd.
7 funds
SBI Flexi Cap Fund - Direct Plan - Growth
0.03%
Franklin India Flexi Cap Fund - Direct - Growth
0.29%
ICICI Prudential Flexicap Fund - Direct Plan - Growth
0.34%
DSP Flexi Cap Fund - Direct Plan - Growth
0.02%
Nippon India Flexi Cap Fund - Direct Plan - Growth
0.21%
PGIM India Flexi Cap Fund - Direct Plan - Growth
0.82%
HSBC Flexi Cap Fund - Direct Plan - Growth
1.06%
Kotak Mahindra Bank Ltd.
2 funds
ICICI Prudential Flexicap Fund - Direct Plan - Growth
0.64%
Quant Flexi Cap Fund - Direct Plan - Growth
1.95%
Tata Capital Ltd.
2 funds
Axis Flexi Cap Fund - Direct Plan - Growth
0.37%
PGIM India Flexi Cap Fund - Direct Plan - Growth
0.42%
Pidilite Industries Ltd.
2 funds
Bandhan Flexi Cap Fund - Direct Plan - Growth
0.63%
Tata Flexi Cap Fund - Direct Plan - Growth
1.08%
Top Removed (3)
Coal India Ltd.
2 funds
Nippon India Flexi Cap Fund - Direct Plan - Growth
-1.10%
Bandhan Flexi Cap Fund - Direct Plan - Growth
-0.53%
HDB Financial Services Ltd.
2 funds
Nippon India Flexi Cap Fund - Direct Plan - Growth
-0.18%
HSBC Flexi Cap Fund - Direct Plan - Growth
-0.43%
Trent Limited
2 funds
PGIM India Flexi Cap Fund - Direct Plan - Growth
-0.63%
HSBC Flexi Cap Fund - Direct Plan - Growth
-0.40%
Top News Developments
Tata Steel's Profit Skyrockets on Strong Domestic Demand
The company reported a massive 4.2x jump in Q2 net profit to ₹3,183 crore, driven by strong domestic sales and better operational efficiency.
This performance highlights the positive impact of India's infrastructure and manufacturing push, which is creating sustained demand for steel.
The strong earnings have improved investor sentiment for the entire metals and mining sector, signaling a potential bullish trend for related stocks.
For retail investors, this points to improved earnings visibility and a potentially strong medium-term outlook for the steel industry.
Government Rolls Out ₹25,060 Crore Export Boost for MSMEs
The cabinet approved a major financial stimulus to enhance India's export competitiveness, directly benefiting manufacturing and MSME sectors.
By expanding credit guarantee schemes, the policy aims to lower financing costs and improve liquidity for exporters, a key growth engine.
This move is expected to drive capital investments in export-heavy industries like textiles, chemicals, and engineering goods.
Investors should watch for positive impacts on companies within these export-oriented sectors and the banks that finance them.
NIIF Plans Stake Sale in EV Maker Ather Energy
The National Investment and Infrastructure Fund's plan to sell a ₹551 crore stake in Ather Energy signals institutional profit-taking in a high-growth sector.
The deal's floor price of ₹620 per share sets a near-term valuation benchmark for the unlisted EV company and its peers.
While such a sale could cause short-term price volatility in the EV space, it also signifies the sector's growing maturity and can attract new strategic investors.
This development is a key sentiment indicator for the entire electric vehicle ecosystem, including listed auto ancillary suppliers and competitors.
FII / DII Snapshot
Yesterday
FII Net: ₹-1750.03 cr
DII Net: ₹5127.12 cr
October 2025
FII Net: ₹-2346.89 cr
DII Net: ₹52794.02 cr
Daily Flows
Date
FII Net
DII Net
12-Nov-2025
₹-1750.03 cr
₹5127.12 cr
11-Nov-2025
₹-803.22 cr
₹2188.47 cr
10-Nov-2025
₹-4114.85 cr
₹5805.26 cr
07-Nov-2025
₹4581.34 cr
₹6674.77 cr
06-Nov-2025
₹-3263.21 cr
₹5283.91 cr
Monthly Flows
Month
FII Net
DII Net
October 2025
₹-2346.89 cr
₹52794.02 cr
September 2025
₹-35301.36 cr
₹65343.59 cr
August 2025
₹-46902.92 cr
₹94828.55 cr
July 2025
₹-47666.68 cr
₹60939.16 cr
June 2025
₹7488.98 cr
₹72673.91 cr
May 2025
₹11773.25 cr
₹67642.34 cr
• Foreign Institutional Investors (FIIs) continued their selling streak, offloading a net of ₹1,750.03 crore, marking the third consecutive day of outflows and contributing to their holdings in Indian equities hitting a 15-year low.
• In stark contrast, Domestic Institutional Investors (DIIs) provided robust support to the market, with net purchases amounting to a substantial ₹5,127.12 crore, effectively absorbing the foreign selling pressure.
• This persistent trend of FII selling, countered by strong domestic buying from DIIs and a growing retail investor base, highlights a structural shift in market ownership, providing a strong local counterbalance to foreign fund movements and supporting market stability.
IPO Watchlist
Ongoing IPOs
The primary market is witnessing a mixed response from investors for its ongoing IPOs.
Tenneco Clean Air's issue has garnered moderate interest, achieving a subscription of 3.08 times, while the offer from PhysicsWallah received a lukewarm reception at 1.92 times subscription.
Meanwhile, issues like Fujiyama Power Systems and Emmvee Photovoltaic have seen relatively subdued demand so far, indicating a selective investor appetite.
Fujiyama Power Systems
828.00
Date: 13 Nov - 17 Nov
List: 20 Nov
Subscription: 0.09x
GMP: 0.00%
Tenneco Clean Air
3600.00
Date: 12 Nov - 14 Nov
List: 19 Nov
Subscription: 3.08x
GMP: 19.65%
PhysicsWallah T
3480.00
Date: 11 Nov - 13 Nov
List: 18 Nov
Subscription: 1.92x
GMP: 0.00%
Emmvee Photovoltaic T
2900.00
Date: 11 Nov - 13 Nov
List: 18 Nov
Subscription: 1.02x
GMP: 0.00%
Upcoming IPOs
The upcoming week in the primary market will feature offerings from Capillary Technologies, which opens on November 14th.
Following that, Excelsoft Technologies is scheduled to launch its Initial Public Offering on November 19th.
These upcoming issues will test investor sentiment in a market that has shown varied interest in recent IPOs.
Excelsoft Technologies
500.00
Date:19 Nov - 21 Nov
List:26 Nov
Subscription: -
GMP: 0.00%
Capillary Technologies
877.50
Date:14 Nov - 18 Nov
List:21 Nov
Subscription: -
GMP: 0.00%
Cha-Ching Cheatsheet 💵
Peter Lynch famously noted that more money has been lost preparing for market corrections than in the corrections themselves, reminding investors that focusing on 'time in the market' with great companies is superior to 'timing the market'.
Global Markets
Country
Index
1D
1Y
3Y
🇨🇳 China
Shanghai Composite
0.73%
17.75%
30.68%
🇭🇰 Hong Kong
Hang Seng
0.55%
36.4%
53.64%
🇰🇷 South Korea
KOSPI
0.49%
67.92%
68.53%
🇫🇷 France
CAC
0.38%
14.47%
25.17%
🇯🇵 Japan
Nikkei 225
0.25%
30%
82.93%
🇹🇭 Thailand
SET Composite
0.20%
-10.91%
-20.69%
🇸🇬 Singapore
Straits Times
0.15%
23.29%
40.33%
🇮🇳 India
GIFT NIFTY
0.07%
9.72%
40.83%
🇺🇸 USA
S&P 500
0.06%
14.46%
71.65%
🇮🇩 Indonesia
Jakarta Composite
-0.20%
14.34%
19.27%
🇬🇧 UK
FTSE
-0.60%
22.76%
33.4%
🇩🇪 Germany
DAX
-0.68%
27.24%
69.2%
US stock markets ended on a mixed note, with the Dow Jones Industrial Average climbing 0.68% to a new record close, while the S&P 500 edged up 0.06% and the Nasdaq Composite slipped 0.26%.
Asian markets traded mostly higher in early trade, providing a positive backdrop for Indian equities despite the muted local performance.
Progress in US-India trade talks boosted global investor sentiment, with expectations of improved bilateral economic cooperation and trade relations.
Hopes for a resolution to the US government shutdown contributed to a more optimistic global market mood, supporting risk assets.
Global markets remained sensitive to inflation data and central bank policy expectations, with the sharp drop in Indian inflation adding to the narrative of easing price pressures.
Emerging Opportunities
The sharp decline in retail inflation to 0.25% in October signals potential for monetary policy easing, making interest-rate-sensitive sectors like real estate and consumer finance attractive for medium- to long-term investment.
Progress in US-India trade talks opens up opportunities in export-oriented sectors and companies with strong international linkages.
The government's approval of a ₹25,060-crore export promotion mission and expansion of the credit guarantee scheme could benefit MSMEs and export-focused industries.
Continued net buying by domestic institutional investors suggests underlying strength in the domestic market, favoring large-cap and blue-chip stocks with stable fundamentals.
The easing of market volatility, as reflected in the decline of the India VIX, presents a window for contrarian investors to accumulate quality stocks at relatively stable valuations.
Policy & Regulations
The Union Cabinet has approved a significant ₹25,060 crore export promotion mission aimed at enhancing India's global trade competitiveness.
As part of this initiative, the government also expanded the credit guarantee schemes available to exporters and Micro, Small, and Medium Enterprises (MSMEs), which is expected to lower their financing costs.
This policy is a direct stimulus for export-oriented sectors such as textiles, chemicals, and engineering goods, and is likely to improve liquidity and encourage capital investment within these industries over the medium term.
Crypto Buzz
Name
Price
Market Cap
24h Change
ATH Change
Bitcoin (BTC)
$102818
$2.05T
-2.02%
-18.33%
Ethereum (ETH)
$3492.85
$422.95B
-1.42%
-29.12%
Tether (USDT)
$1
$184.02B
0.02%
-24.43%
XRP (XRP)
$2.49
$149.93B
2.09%
-31.60%
BNB (BNB)
$965.74
$133.21B
-0.52%
-29.41%
The cryptocurrency market experienced a slight downturn, with leading assets like Bitcoin and Ethereum declining by approximately 2.02% and 1.42% respectively.
This dip contributed to a modest contraction in the overall crypto market capitalization, reflecting cautious sentiment among digital asset investors.
Despite the broader negative trend, some alternative coins like XRP managed to post gains, indicating a selective flow of capital within the crypto space.
Inside The Fund
