News Overview

Indian benchmark indices ended marginally higher on November 12, 2026, as buying in banking, financial services and realty stocks offset weakness in Auto, FMCG and IT. The Nifty 50 gained 44.30 points to close at 25,299.35, while the Sensex advanced 31.61 points to 81,911.01. Bank Nifty surged 726.10 points for a third consecutive session of gains. Strong October insurance premium data, continued FII inflows and easing crude oil prices supported sentiment.

Nvidia shares have come under pressure, with the company's market capitalisation falling from nearly $5 trillion to around $4 trillion. Leadership uncertainty, allegations involving a Singapore-based customer and concerns over China exposure have weighed on investor sentiment.

Tata Motors shares extended their winning streak to four sessions, gaining around 9% as commercial vehicle demand strengthened. Rising truck registrations, electric CV adoption and stable Q2 margins supported investor sentiment.

Cupid shares rallied for the fourth consecutive session, hitting an all-time high of ₹389 on November 12, 2026. Strong Q2 FY27 earnings, higher financial guidance and expansion plans boosted investor sentiment.

State Bank of India (SBI) shares gained around 1% on November 12, 2026, featuring among the top Nifty 50 performers after management interactions with institutional investors. The bank retained its loan growth guidance of 14–15%, with retail, agriculture and MSME loans accounting for 65% of its domestic loan book. Management reiterated its ambition to achieve a core return on assets (ROA) of 1% over the business cycle, supported by higher fee income and improved liability management. SBI reported Q2 FY27 net profit of ₹23,038 crore, including an exceptional gain of ₹7,289 crore, while net interest income rose 14.7% to ₹49,143 crore. Investors will also track the bank's upcoming institutional meetings in Singapore on November 17–18.

Kalyan Jewellers shares surged 6.67% to ₹708 on November 12, extending their winning streak to seven sessions. The stock has gained over 33%, following strong Q2 results, with net profit rising 63.9% year-on-year to ₹427 crore.

Anthropic, the company behind Claude AI, is preparing for a potential IPO at a valuation of $1.5 trillion to $2 trillion. Its financial disclosures reveal revenue of $16.3 billion in the first half of 2026, alongside a reported loss of $80.7 billion. However, $72.4 billion of the loss was linked to accounting adjustments, while the operating loss from selling Claude was approximately $700 million. A bigger concern for investors is the company's $900.9 billion in future computing infrastructure commitments. This article examines Anthropic's rapid revenue growth, infrastructure spending, business risks, potential IPO valuation and Public Benefit Corporation (PBC) structure.

Ashoka Buildcon shares surged nearly 14% in early trade on November 11, 2026, after the company received a Letter of Acceptance (LoA) worth ₹865.90 crore from the National Highways Authority of India (NHAI). The contract covers balance construction work on a 26.6-km stretch of the eight-lane Vadodara–Mumbai Expressway between Karvad and Jujuwa in Gujarat. Awarded on an Engineering, Procurement and Construction (EPC) basis, the project has an 18-month completion schedule and a 10-year defect liability period. The order adds to the company's recent wins, including a ₹290.23 crore railway contract from North Eastern Railway in October.

Foreign Portfolio Investors (FPIs) pumped ₹53,739 crore into Indian equities across six trading sessions between November 2 and 9, 2026, reversing the outflows recorded in September and October. Buying was concentrated in heavyweight sectors such as financial services, IT, automobiles and telecom. Improved sentiment following US midterm election results, expectations of lower US bond yields, Brent crude falling below $90 a barrel and a stronger rupee supported the inflows. Meanwhile, concerns over returns from AI infrastructure and data-centre investments prompted investors to reduce crowded AI-related positions. Corporate earnings also provided support, with 27 of the 47 Nifty 50 companies reporting results by November 10 beating analysts' estimates.

Cochin Shipyard shares declined 6.46% after Q2 FY27 net profit fell 50% to ₹54 crore. Higher expenses and lower EBITDA margins weighed on profitability, while management outlined its FY27 revenue and margin outlook.