Stock Market Today: Sensex Gains 400 Points, Nifty Tops 25,350; Bank Nifty Approaches Record High

Stock Market Today: Sensex Climbs Over 400 Points, Nifty Holds Above 25,350; Bank Nifty Nears Record

Indian equity benchmarks continued their upward momentum on Thursday, November 12, as strong buying in banking, financial and broader market stocks supported the rally. Both frontline indices traded firmly in positive territory during morning trade, with the Nifty moving beyond 25,350 and the Sensex adding more than 400 points.

At 10:02 am, the Sensex stood at 82,290.51, gaining 411.11 points or 0.50% from its previous close of 81,879.40. The Nifty 50 rose 115.20 points, or 0.46%, to 25,370.25, compared with its previous close of 25,255.05.

During the session, the Sensex touched 82,325.61, while the Nifty reached an intraday high of 25,384.80. The positive opening was followed by sustained buying, extending the market’s recent winning run.

Bank Nifty Moves Closer To Lifetime High

Banking shares remained among the biggest contributors to the gains. The Nifty Bank index advanced 0.95% to 61,367.05, after touching an intraday high of 61,396.20.

The index was trading around 369 points below its lifetime intraday peak of 61,764.85, recorded on February 3, 2026. Its latest rise follows Wednesday’s move above the 61,000 mark for the first time since February 27. The banking index had touched 61,394.30 during that session before settling at 60,792.40.

Market participants are watching the 61,300–61,400 range closely, as a sustained move beyond this zone could bring a fresh record high within reach.

Midcap And Smallcap Stocks Lead Broader Market Gains

The positive sentiment extended beyond the benchmark indices, with midcap and smallcap shares recording stronger advances.

The Nifty Smallcap 100 climbed 1.44%, while the Nifty Smallcap 50 gained 1.31%. The Nifty Midcap 100 advanced 0.98%, and the Nifty Midcap 150 rose 0.87%. The Nifty 500 was also higher by 0.64%.

Meanwhile, the India VIX, which indicates expected market volatility, declined 2.15% to 17.18, pointing to some moderation in near-term volatility expectations.

Realty And Financial Stocks Among Top Sectoral Performers

Sectoral indices largely traded in positive territory, with realty, financial services and consumer durables shares leading the gains.

The Nifty Realty index emerged as the strongest performer, rising 2.17%. The Nifty Financial Services Ex-Bank index gained 1.73%, while the Nifty Financial Services index advanced 1.28%. Its Financial Services 25/50 counterpart rose 1.34%.

The Nifty Consumer Durables index added 1.41%. PSU Bank and Private Bank indices gained 0.93% and 0.92%, respectively. Media stocks advanced 0.81%, while the metal index rose 0.55%.

IT shares bucked the broader trend, with the Nifty IT slipping 0.29%. Healthcare and pharmaceutical stocks also remained marginally lower.

Bajaj Finance, Bajaj Finserv And SBI Among Top Gainers

Among Sensex constituents, Bajaj Finance led the advances with a gain of 2.58%. Bajaj Finserv rose 2.26%, followed by Bharat Electronics, which gained 1.99%.

State Bank of India advanced 1.73%, while Eternal climbed 1.61%. ICICI Bank, Axis Bank, ITC and Kotak Mahindra Bank were also trading in positive territory.

On the other hand, Mahindra & Mahindra fell 0.98%, while Hindustan Unilever declined 0.95%. NTPC, UltraTech Cement, Bharti Airtel and Sun Pharma were among the other stocks trading lower.

Foreign Investor Inflows And Lower Oil Prices Boost Sentiment

The return of overseas investors has emerged as an important support for the domestic market. Foreign portfolio investors purchased Indian equities worth Rs 12,563 crore on Wednesday, extending the recent trend of strong buying.

Their net investment in Indian equities has reached approximately $6.43 billion in November so far, the highest monthly inflow since September 2024. The latest inflows have helped the Sensex and Nifty gain around 10% and 9.6%, respectively, this month.

Easing crude oil prices have also improved investor sentiment. As India depends heavily on imported oil, lower prices can reduce pressure on inflation, the import bill and the current account deficit.

MSCI Index Changes And October Inflation Data In Focus

Investors are also assessing the latest changes to the MSCI Global Standard Index. Adani Green Energy, Coforge, LIC and Meesho have been included, while PI Industries has been removed.

The rejig also involves higher weightages for 11 other Indian stocks. India’s share in the MSCI Emerging Markets Index is expected to increase from 11.5% to 11.7%. According to Nuvama Wealth Management estimates, the changes could attract passive inflows of approximately $2 billion.

Attention is also turning to India’s October retail inflation figures, scheduled for release on Thursday. CPI inflation had climbed to 5.54% in September 2026, while food inflation stood at 7.74%.

The latest inflation reading will be closely watched for indications of price pressures and its possible impact on the Reserve Bank of India’s monetary policy decisions. Alongside foreign fund flows, crude oil prices and global market trends, the data could influence the direction of equities in the coming sessions.