On November 15, The BSE Sensex surged by 742 points to reach 65,676 in the last session due to widespread buying in various sectors. Positive global indicators, including encouraging data from the US and China, boosted market sentiment, propelling the Nifty50 well beyond the 19,600 level.

US MARKETS

Wednesday night saw S&P 500 futures remain relatively stable as investors aimed to prolong November's strong performance. Futures linked to the broad-market index slightly dipped by 0.04%, while Dow Jones Industrial Average futures decreased by 13 points, equivalent to 0.04%. Nasdaq 100 futures experienced a 0.1% decline. The Dow rose over 160 points, concluding its fourth consecutive positive session with an approximately 0.5% increase. Similarly, the S&P 500 and Nasdaq Composite also rose, up about 0.2% and 0.1%, respectively. October witnessed a 0.5% decrease in the producer price index, marking the most substantial monthly decline since April 2020.

ASIAN MARKETS

Japan's Nikkei 225 commenced trading close to unchanged levels at 33,517.26, whereas the Topix saw a marginal increase of 0.16%. Hong Kong's Hang Seng index futures were at 18,379, indicating an opening higher than the HSI's previous close of 18,079. Meanwhile, Australia's S&P/ASX 200 experienced a slight decline of 0.19%.

OIL & GAS UPDATES:

Brent futures experienced a decrease of 92 cents, reaching $81.55 per barrel, whereas U.S. West Texas Intermediate crude dropped by $1.01 to $77.25. China observed a rise in economic activity during October, with accelerated growth in industrial output and better-than-expected retail sales, signaling positive developments for the world's second-largest economy.

FII/DII DATA:

1. FIIs net BOUGHT Rs 550.19 crore worth shares on 15 Nov.

2. DIIs net BOUGHT Rs 609.82 crore worth shares on 115 Nov.

Thank you, have a great Trading Day ahead!!