Domestic markets are likely to open flat but on a positive note on Monday ahead of the settlement of monthly derivative contracts on the . Continuous selling by foreign portfolio investors and weakness in rupee will keep the market on edge, said market experts. With the results season over, global sentiment will anchor market movement, they opined.
Gift Nifty at 26,185 is currently ruling against the Nifty futures (Nov) close of 26,077 and December close of 26,269. Analysts expect the market to remain volatile, especially during the later part of the day, due to roll-overs of F&O contracts ahead of November expiry on Tuesday. Though the Sensex and the Nifty are near their all-time high level, analysts expect the focus will be on the broader market.
Puneet Singhania, Director of Master Trust Group, said with the Indian market near all-time highs, this underscores the resilience of domestic participation and confidence in India’s structural growth story. “While the overall domestic scenario remains constructive, some critical global and currency-related factors are restraining meaningful FII reallocation toward Indian equities,” he said.
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“There is no discernible trend in FII activity even though FIIs reduced sustained big selling and even turned buyers on a few days in November. The total FII sell figure for November up to 22, stood at Rs 15,243 crore.
The long-term trend of FII buying/investing through the primary market continues with an investment of Rs 11,454 crore, so far in November. For 2025, so far, the total FII sell figure through exchanges stands at Rs 2,09,444 crore. And the total buy figure for the primary market stands at Rs 65,747 crore.
Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd said: Going forward, FII selling is likely to decline due to the fading of the AI trade and the improving prospects for Indian equities. “Corporate earnings in India are likely to gather momentum going into the Q3 results season and accelerate in CY 2026. The combination of these factors have the potential to reverse the FII outflows. Expectations of Nifty touching new highs soon and an imminent trade deal between the US and India can bring the FIIs back into the Indian market,” he added.
Sector-wise, PSU Banks, IT, and Financial Services outperformed on strong buying interest and favourable global cues, while Capital Markets, Media, Metal, and Realty underperformed as profit-booking and sector rotation limited upside, said Singhania.