Indian equity markets are expected to witness some consolidation on Thursday, November 12, following a strong rally in the previous trading session. The NSE Nifty 50 closed at an eight-month high of 25,255 on Wednesday, while foreign institutional investors purchased approximately Rs. 12,563 crore worth of Indian equities during the session. Foreign investors have invested around US$6.43 billion in Indian equities so far in November, providing support to domestic market sentiment.
The recovery has also been supported by lower crude oil prices, which eased to around US$91.80 per barrel amid hopes of progress in international peace negotiations. However, elevated US Treasury yields, concerns over inflation and recent gains in domestic equities could limit further upside. Investors are expected to monitor global market movements, foreign fund flows and corporate earnings for further direction.
Source: Reuters | 12 November 2026
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