GIFT Nifty opened higher on Thursday at 26,148, up 0.38%. Investors are tracking global cues from crude oil, gold, and currency markets for further direction.
In the last trading session, Sensex ended 513.45 points higher (0.61%) at 85,186.47. The Nifty also closed in the green, rising 142.60 points (0.55%) to 26,052.65.
Key global and domestic cues to know on November 20, 2025
Asian Markets
Asia-Pacific markets moved higher on Thursday, with Japan leading the gains. Japan’s market is seeing a strong rally today. The jump comes after Nvidia reported very strong earnings, and global demand for AI chips increased. The Nikkei 225 jumped 3.7% and the Topix rose 1.67%.
South Korea’s Kospi climbed 2.63%, while the Kosdaq added 1.75%. Australia’s S&P/ASX 200 was also up about 1%.
Nvidia
The Nvidia shares are up in after-hours trade after the management forecast revenues well above Wall Street estimates. CEO Jensen Huang shrugged off concerns about an AI bubble as the company surprised Wall Street with accelerating growth after several quarters of slowing sales. International brokerage house, CLSA has rated the stock as ‘High Conviction Outperform.’ The brokerage house believes that “Nvidia’s steady momentum should answer Al doomerism, which ignores the virality of Al use cases, rising token consumption, 73 Al start-ups above US$100m in ARR, and the expected decline in cost/token as new, faster GPUs are launched in 2026.”
CLSA added that “Nvidia’s topline momentum is accelerating, as the Q4 revenue guidance indicates. The company grew its topline 62% YoY in Q3, but top-end revenue guidance suggests 69% expansion in Q4. CLSA highlighted that “AI build is in its infancy. We think persistent Al doomerism has reached a fever pitch and ignores on-the-ground realities. Even those who fret about ‘circular deals’ must know that no AI accelerator has come out of TSMC’s plants yet to satisfy these ‘letters of intent’. The ground reality of AI is that usage is exploding when chips are short in supply.”
US Futures rise sharply
Dow Jones Futures gained 222 points, or nearly 0.5%. S&P 500 futures were up 1.1%, while Nasdaq 100 Futures jumped 1.6%.
US market
The S&P 500 rose 0.38% to 6,642.16 The Nasdaq Composite gained 0.59% to end at 22,564.23, while the Dow Jones Industrial Average inched up 47 points, or 0.1%, to close at 46,138.77.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was 0.05% up at 100.17 on Thursday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.05%, closed at 88.58 to the dollar on November 19.
Crude Oil
Crude oil prices moved higher in early Thursday trade. West Texas Intermediate rose 0.36% to $59.46 a barrel, while Brent crude inched up 0.29% to $63.70.
FII, DII data
Foreign investors (FIIs/FPIs) bought Indian shares worth Rs 1,581 crore on Wednesday. Domestic institutional investors (DIIs) were also net buyers, picking up stocks worth Rs 1,360 crore, as per provisional data for November 19.
Gold rate today
In the latest on the yellow metal, the gold rate in Dubai, 24-carat gold was priced at United Arab Emirates dirham (AED) 492 per gram, while 22-carat traded at AED 455.25 per gram and 18-carat at AED 374.25 per gram.
As per Goodreturns, in India, the 24-carat gold rate today is Rs 1,24,870/10 gm, while 22-carat gold costs Rs 1,14,460/10 gm. For those preferring 18-carat gold, the price is Rs 93,650 for the same weight.
Top sectors in the last trading session
Information Technology recorded a 2.58% change, while the Digital sector was up 1.85%. The Agriculture and Horticulture segment posted a 1.32% change, and the Gems and Jewellery sector saw a 1.09% change.
Best and worst performing business group
Among major business groups, Jaypee Group saw the highest movement with a 14.2% change, followed by HCL Group at 4.32%. Kalyani Group recorded a 2.62% change. On the downside, Nagarjuna Group posted a –3.17% change, Ruchi Group saw a –3.91% change, and Indiabulls Group registered a –7.75% change.
