Stock Market Live Updates: Sensex falls over 350 pts, Nifty below 25,200; Trent, Bajaj Finance among top drags

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Sensex Today | Nifty 50 Live Updates: Indian benchmark indices trade lower on Friday, consolidating after recent gains, as elevated crude prices and inflationary pressures weigh on sentiment and counter the support from sustained foreign institutional inflows.

The broader market is witnessing widespread selling pressure, with most sectoral indices trading in the red. Auto, financial services, banking, realty and cement stocks are among the key laggards, reflecting weakness across rate-sensitive and cyclical segments. Pharma, healthcare and mid-small healthcare indices are bucking the trend, offering pockets of resilience amid the otherwise cautious market sentiment.

Global Markets Updates

Global Markets Updates

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• Copper prices were on track for a weekly fall, as concerns surrounding Nvidia and AI investment outweighed support from tight supplies in top consumer China.
• Benchmark three-month copper on the London Metal Exchange fell 0.20% to $13,561 a metric ton as of 0700 GMT, having lost 1.60% this week.
• Prices hit a four-month low of $13,515 on Thursday, on AI worries and a stronger US dollar.

NSE shares made their much-awaited market debut on September 24 this year, listing at a little over 1% premium over IPO price at Rs 1,800 apiece on BSE. After a brief listing day pop, the stock dropped around 9% to hit a record low of Rs 1,640 apiece on October 22 this year as IPO lock-in expiry as well as the overall market downtrend weighed on it. The shares of the stock exchange then began to rise sharply, surging 22% in around three weeks from the record low to hit a fresh record high of Rs 2,007.60 apiece today. This marks an 11.5% increase from the listing price and 12.5% from the IPO price of Rs 1,785 apiece. The surge from the record low has added nearly Rs 91,000 crore to the company’s market capitalisation, pushing it closer to the Rs 5 lakh crore mark.

Price as on 01.11.16 PM, Click on company names for their live prices.

The Phoenix Mills, Sobha and Brigade Enterprises lead the losses for Nifty Realty.

• South Korean equities closed lower on Friday but posted a strong weekly gain, as traders shrugged off concerns over a leadership crisis at US chip giant Nvidia.
• The benchmark KOSPI closed down 52.19 points, or 0.98%, at 5,290.53. For the week, however, the index gained 4.56%, recovering from a 12% plunge the previous week.
• Instability at Nvidia, a key partner of South Korea's two largest listed semiconductor companies, had threatened to weigh on sentiment across the domestic chip supply chain.

Techno Electric & Engineering Company, Federal-Mogul Goetze, FDC, Manappuram Finance and VIP are among the top losers at this hour.

Price as on 12.40.51 PM, Click on company names for their live prices.

Nearly all sectoral indices are trading in the red, with Nifty Pvt Bank and Nifty Financial Services leading losses, declining up to 1.5%.

Sensex falls over 500 pts to 81,405, with M&M and HDFC Bank among the top drags.

The shares of SpiceJet jumped 5% on Friday after the airline announced that its board will consider and approve the proposal for raising fresh capital during its meeting scheduled on November 18, boosting sentiment even as the company faced operational challenges.

Price as on 12.13.55 PM, Click on company names for their live prices.

Amber Enterprises India, GE Vernova T&D India, ITI, Gujarat Pipavav Port and GACM Technologies are among the top gainers at this hour.

Price as on 12.08.14 PM, Click on company names for their live prices.

MSTC shares surged 20% to hit the upper circuit at Rs 783.65 on the BSE after the state-owned e-commerce company reported its strongest second quarter since listing and received in-principle approval from the Reserve Bank of India to operate a Trade Receivables Discounting System (TReDS).

Price as on 11.57.16 AM, Click on company names for their live prices.

Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowing its consolidated net loss to Rs 362 crore. Sequentially, losses widened and revenue declined 7.5%.

Price as on 11.50.03 AM, Click on company names for their live prices.

• The dollar held near a 19-month high on Friday, set for its best weekly gain in two months, as bets on a larger rate hike drove US yields higher, pushing the Japanese yen back near the key 160 mark that has left traders on alert for intervention.
• Treasury yields rose as President Donald Trump's comment that the US did not need a deal with Iran stoked worries about Middle East supply, lifting oil prices and, with them, inflation expectations.
• The move added to pressure from data this week showing US inflation remained a concern, leaving traders weighing the chance of a larger-than-usual Federal Reserve rate hike next month.

Market sentiment remained mixed, with Hindustan Unilever, Bharti Airtel and Tech Mahindra leading gains among major stocks. However, selling pressure was broad-based, with banking, auto and IT heavyweights such as M&M, HDFC Bank, SBI and Infosys trading lower.

• S&P 500 futures were little changed as of 1:56 p.m. Tokyo time
• Japan’s Topix rose 0.2%
• Australia’s S&P/ASX 200 fell 0.7%
• Hong Kong’s Hang Seng fell 0.9%
• The Shanghai Composite rose 0.2%
• Euro Stoxx 50 futures fell 0.4%

Crystal Crop Protection has fixed a price band of Rs 259–272 per share for its Rs 455.49 crore IPO, which opens on November 18. The agrochemical company plans to use part of the proceeds to repay debt and fund strategic growth initiatives. Read more

Carlsberg is preparing a potential $600 million IPO of its Indian business, targeting a $4 billion valuation. The offering could launch as early as January 2027, comprising a 15% stake sale by its Danish parent. Strong IPO demand in India supports the listing outlook, with Carlsberg India reporting robust revenue. Read more

• Indian government bonds came under heavy selling pressure in early trades on Friday ahead of fresh supply of the benchmark paper, while inflation in India crossing the central bank's target and elevated US inflation clouded the interest-rate outlook.
• The benchmark 6.94% 2036 bond yield was 7.3113% as of 10:00 a.m. IST, up from 7.2467% on Thursday. The yield has risen by more than 16 basis points over the last three sessions.
• New Delhi plans to sell 340 billion rupees ($3.62 billion) of the benchmark 2036 paper later in the day.
• The one-year rate was at 6.52%, while the two-year rate was not yet traded, and the five-year rate jumped 8 bps to 6.61%.

Hitachi Energy India shares surged after a strong Q2 performance, with revenue rising 64% YoY to Rs 2,997 crore, beating Jefferies’ estimates by 26%. EBITDA grew 36% to Rs 406 crore, while reported profit increased 20% to Rs 319 crore. Read more

Price as on 10.17.06 AM, Click on company names for their live prices.

Value theme has been dominating the Indian stock market for the last one year or so. The mutual funds that have been following the value investing strategy have offered handsome returns in the last year. Check top funds

• Vodafone Idea reported a net loss of Rs 5,975 crore for the July-September quarter of FY27, higher than the Rs 5,584 crore reported in the same period last year, partly due to the adverse impact of mark-to-market adjustments on treasury assets.
• Vodafone Idea’s revenue from operations increased more than 6% year-on-year to Rs 11,884 crore in Q2 FY27 from Rs 11,195 crore in the year-ago quarter.
• The telco’s average revenue per user (ARPU) increased nearly 10% YoY to Rs 198.

Price as on 09.59.13 AM, Click on company names for their live prices.

Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowing its consolidated net loss to Rs 362 crore. Sequentially, losses widened, and revenue declined 7.5%. The stock slipped to Rs 33.48 on the NSE as investors weighed the weak revenue performance and profitability trends. Read more

Price as on 09.41.10 AM, Click on company names for their live prices.

Price as on 09.35.37 AM, Click on company names for their live prices.

Life insurers' new business premium rose 26% year-on-year to ₹42,914 crore in October, compared with ₹34,007 crore in the year-ago period, driven by robust growth in group insurance business, provisional data released by the Life Insurance Council showed.

However, retail annualised premium equivalent (APE) grew a modest 5.2% year-on-year to an estimated ₹9,753 crore during the month, while sales of individual policies fell 3.7%, indicating subdued growth in the industry's retail segment.

Blackstone, the world's largest alternative asset manager, is arranging a $200 million loan to refinance a sponsor-financing facility it raised in 2022 to fund the acquisition of a majority stake in Mumbai-based asset and wealth management firm ASK Investment Managers. The existing facility is scheduled to mature in 2027.

The five-year refinancing loan has been launched for co-syndication, with initial pricing discussions pointing to an all-in yield of about 300 basis points over the secured overnight financing rate (SOFR), translating into a borrowing cost of roughly 7%, according to people familiar with the transaction. One basis point is one-hundredth of a percentage point.

Indian equity benchmarks extended their winning streak to two weeks on Thursday in a dramatic reversal of investor flows, with foreign investors, who had been consistent net sellers, pumping more than ₹75,000 crore into domestic equities in November. Meanwhile, domestic investors, who had patiently absorbed foreign selling, turned profit-bookers, capping gains in the benchmark indices.

For years, domestic funds have cushioned the impact of foreign investor exits, pushing local ownership of Indian stocks to record levels and helping avert a sharp sell-off in domestic risk assets.

Over the past fortnight, however, with foreign funds returning in force, domestic institutional investors (DIIs) have begun cashing in on their patient accumulation.

Mutual funds, banks, insurers and retirement funds have turned net sellers for nine consecutive sessions, marking their longest selling streak in four years.

A sell-off in sovereign bonds drove government bond yields across major economies to multi-year highs, and in some cases, multi-decade peaks over the past month. Investors demanded higher returns to compensate for rising government borrowing, persistent inflationary pressures and uncertainty surrounding the interest-rate outlook.

Index provider MSCI has added four Indian stocks — Life Insurance Corporation of India (LIC), Coforge, Adani Green Energy and Meesho — to its Emerging Markets Standard Index as part of its November 2026 review. PI Industries has been dropped from the index.

The changes will come into effect on November 30. According to Nuvama, Coforge's inclusion is expected to attract passive inflows of around $630 million, while LIC, Adani Green Energy and Meesho could see inflows of $468 million, $348 million and $307 million, respectively. PI Industries' exclusion is likely to trigger outflows of about $119 million.

Gold prices rose marginally on Friday, recovering from the previous session's more-than-one-year low. However, the metal remained on course for a weekly decline as rising oil prices fuelled inflation concerns and strengthened expectations that US interest rates would remain elevated for longer.

US stocks ended lower on Thursday as a decline in Nvidia shares following CEO Jensen Huang's exit overshadowed gains in energy stocks.

Asian stocks edged higher as investors assessed the potential impact of leadership changes at Nvidia Corp. on the broader artificial intelligence trade, while oil prices and Treasury yields held on to their gains.

GIFT Nifty on the NSE IX was trading 44 points, or 0.17%, lower at 25,257, indicating a negative start for the domestic equity markets on Friday.

Several stocks, including Vodafone Idea, Mahindra & Mahindra (M&M), Ola Electric, IRCTC, Oil India and Zee Entertainment, are likely to remain in the spotlight on Friday, November 13, as investors assess quarterly earnings, corporate announcements and other stock-specific developments.

Indian equity markets extended their winning streak on Thursday, November 12, although the benchmark indices pared gains from intraday highs as investors booked profits at elevated levels.

Indian equity benchmarks ended marginally higher on Monday, extending their winning streak to 10 consecutive sessions, as gains in financial and real estate stocks offset profit-booking in IT, FMCG and automobile shares after the recent sharp rally. The streak excludes Sunday's special one-hour Muhurat Trading session, which typically witnesses subdued trading volumes.