Full issue · 2026-11-09

Market Pulse: 9 November 2026 - Pre-Market Update

Market snapshot

Nifty 5024,986.40-0.18%

Sensex80,999.40-0.04%

Bank Nifty58,850.65-0.40%

Previous close · 8 Nov 2026 · Nifty has closed between -0.5% and 0% on 333 of the last 1,295 sessions.

In the previous session, Indian markets saw a modest decline as investors grappled with global cues. The Democratic sweep in the US midterms reshaped macroeconomic expectations, leading to a sharp repricing of oil on hopes of an Iran settlement. Despite a robust US jobs report, which suggested the Federal Reserve might maintain its tightening stance, Indian equities faced pressure amid these global uncertainties.

The big story

US CPI, Fed rhetoric and Iran talks in focus after Democratic midterm sweep

US CPI and Fed comments could influence global interest rates and oil prices amid Iran talks.

News

India's consumer inflation for October is expected to approach the upper limit of the Reserve Bank of India's target range, driven by rising food costs, according to a Reuters poll.

The Indian stock market experienced its largest weekly gain since February 2021, with the Nifty 50 reclaiming the 25,000 mark and the Sensex crossing 81,000, driven by strong Q2 earnings and firm GST collections.

The Sensex and Nifty indices extended their gains for the third consecutive day, supported by easing volatility and positive sentiment from the ongoing Lok Sabha elections and corporate earnings season.

ADNOC has signed a 10-year LNG supply agreement with India's Gujarat Energy, highlighting the growing energy ties between the UAE and India.

An Indian-flagged cargo vessel, 'Al Jusufi', was attacked off the coast of Oman, resulting in the death of one sailor, while 13 crew members were safely evacuated by the Omani Coast Guard.

Stocks Updates

Meesho: completed the acquisition of 92.74% of Kirana Club Pte. Ltd. and its subsidiary Retail Pulse Labs Private Limited for ₹1,86,71,12,524.48.

Adani Enterprises: completed the acquisition of 100% stake in Vizag Mega Data Center Park Limited by AdaniConneX Private Limited.

HBL Engineering: approved the unaudited financial results for the quarter ended September 30, 2026, with an unmodified opinion from auditors.

Redington Ltd: reported record revenue of Rs 43,002 crore for Q2 2027.

Bharat Heavy Electricals: received an order from Power Grid Corporation of India Limited for establishing Synchronous Condensers at Barmer-II HVDC Terminal Station.

Tata Chemicals: reported an 8% growth in consolidated revenue to ₹4,177 crore for Q2 FY27.

Himadri Speciality Chemical: approved issuance of a corporate guarantee for INR 200 crore for Sturdy Niketan Private Limited.

FII / DII activity

FIISold ₹0.25 Cr

DIISold ₹700.31 Cr

FIIs sold ₹0.25 Cr, DIIs sold ₹700.31 Cr. Flows were routine in size.

Market breadth

Nifty 500

Advances341

Declines154

A/D ratio2.21

AdvancesDeclines

Broad participation across Nifty 500

Sector performance

12 NSE sector indices, previous close

Pharma+1.74%

Energy+0.43%

Metal+0.35%

Media+0.17%

Auto+0.11%

Infra-0.06%

FMCG-0.12%

PSU Bank-0.32%

IT-0.33%

Fin Services-0.38%

Bank-0.40%

Realty-0.65%

Leaders: Pharma, Energy · Laggards: Realty, Bank

Top gainers and losers

Gainers

DIVISLAB₹11,097.00+7.52%

MOTILALOFS₹1,144.00+3.81%

ASHOKLEY₹178.00+3.43%

SYRMA₹1,505.00+3.13%

SIEMENS₹3,669.00+3.06%

Losers

VOLTAS₹1,056.50-3.87%

LTF₹272.27-1.88%

DATAPATTNS₹3,704.00-1.69%

PRESTIGE₹1,604.90-1.48%

JUBLFOOD₹451.00-1.36%

Commodities & forex

🪙 Gold (10g)₹1,42,520.00-0.02%

🥈 Silver (1kg)₹1,85,011.00-0.05%

USD/INR94.46-0.06%

Global cues

S&P 5007,376.86+0.31%

Nasdaq24,579.43+1.09%

S&P 500 futures7,402.00+0.26%

Nasdaq futures27,085.25+1.25%

The Nasdaq 100 rebounded as oil prices fell, with investors anticipating Apple's earnings, according to StoneX.

A new trend from the cryptocurrency sector is causing a significant stir on Wall Street, reports the Wall Street Journal.

Seeking Alpha warns that the Nasdaq could potentially drop by 40%, outlining possible scenarios and factors that could prevent such a decline.

Fortune highlights that recent market turmoil has revealed Wall Street's underlying concerns about U.S. debt, according to a leading economist.

Yahoo Finance notes that Wall Street has set a new record, which could indicate potential challenges for the stock market.

Technical levels

Nifty support24,937.18 / 24,887.97

Nifty resistance25,083.73 / 25,181.07

Bank Nifty support58,679.98

Bank Nifty resistance59,132.68

Nifty is in sideways trend. Trading above 200 DMA indicates medium-term strength. Short-term trend is positive.

Corporate actions

Upcoming dividends

Dabur India

Interim dividend ₹3.50/sh · ex 9 Nov · record 10 Nov

Container Corporation of India

Interim dividend ₹1.90/sh · ex 11 Nov

Chambal Fertilizers & Chemicals

Interim dividend ₹5.00/sh · ex 11 Nov

Earnings calendar

Olectra Greentech Limited2026-11-09

Whirlpool of India Limited2026-11-09

Avanti Feeds Limited2026-11-10

Cochin Shipyard Limited2026-11-10