Sensex, Nifty at Near-Record Levels

The Sensex climbed over 200 points in early trade to reach 84,800, while the Nifty 50 advanced more than 50 points, trading near 25,950. Banking, auto, and energy stocks outperformed, lifting the broader indices.

Mixed Global Market Cues

Despite strong domestic momentum, global markets presented a mixed picture:

Japan’s Nikkei slipped 0.55% to 50,101

Korea’s KOSPI gained 1.23% at 4,061

Hong Kong’s Hang Seng dropped 0.80% to 26,361

On 14 November, US markets showed divergent trends:

 Dow Jones closed 0.65% down at 47,147

 Nasdaq Composite inched 0.13% up

 S&P 500 dipped 0.05%

 FIIs Continue Selling, DIIs Step Up Buying

Foreign Institutional Investors (FIIs) remained net sellers on 14 November, offloading shares worth ₹4,882 crore. In contrast, Domestic Institutional Investors (DIIs) purchased equities worth ₹8,159 crore.

Month-to-date figures highlight the divergence:

 FIIs sold shares worth ₹13,652 crore

 DIIs bought ₹41,352 crore

 ExcelSoft Technology IPO Opens on 19 November

The much-awaited ExcelSoft Technology IPO will open on 19 November and close on 21 November.

Key details include:

 Total issue size: ₹500 crore

 Fresh issue: 1.50 crore shares worth ₹180 crore

 OFS: 2.67 crore shares worth ₹320 crore

 Price band: ₹114–₹120 per share

This IPO is expected to attract strong investor interest given robust market sentiment.

 Market Performance on Friday

On Friday, 14 November, the markets also ended higher:

 Sensex closed 84 points up at 84,562

 Nifty 50 gained 31 points to end at 25,910

Sectoral gains included:

PSU Banks: +1.17%

Pharma: +0.59%

Banking: +0.15%