6th November Market Report

aiTrendview.com Daily Market Report

Presents a cautious market outlook as global indices show a mixed trend with US indices marginally up while Indian markets exhibit slight weakness, impacted by profit-taking despite continued strong domestic institutional support. Precious metals remain range-bound amid fluctuating US interest rate expectations, while industrial metals show varied performance with steady demand from strategic sectors. Energy prices face mild volatility due to supply-demand concerns and seasonal influences, and the forex market sees the rupee near record lows with a firm dollar. Crypto continues correcting with volatility after recent sell-offs.
Trading Takeaway: Maintain selective long exposure in metals and defensive sectors while managing risks from volatile currencies and crypto.

In India, MCX futures reveal strong open interest in gold, silver, and base metals indicating active hedging and speculation, while NSE index PE ratios remain high, suggesting valuation concerns despite solid earnings growth. Sector-wise, PSU banks, industrials, and power stocks saw accumulating positions supported by poised corporate earnings and proactive buying, contrasted by short build-up in telecommunications and finance sectors. Overall, market sentiment is balanced between domestic optimism and global uncertainties, necessitating selective and cautious trading approaches in coming sessions.
Trading Takeaway: Focus on PSU banks and sectors with strong institutional support; exercise caution in overvalued stocks and bearish sectors.

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Global Indices Snapshot

Region	Index	Level	% Change	Trend
USA	Dow Jones	47,311	+0.48	Mildly Up
USA	Nasdaq	23,499.8	+0.65	Positive
USA	S&P 500	6,796.29	+0.37	Mild Up
Germany	DAX	24,049.74	+0.42	Uptrend
UK	FTSE 100	9,777.08	+0.64	Bullish
France	CAC 40	8,074.23	+0.08	Stable
India	Sensex	83,459.15	–0.62	Weakness
India	Nifty 50	25,597.65	–0.64	Downtrend
India	Bank Nifty	57,827.05	–0.47	Downtrend
Japan	Nikkei 225	50,821.48	+1.21	Bullish
Hong Kong	Hang Seng	26,133.34	+0.76	Rebounding

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Precious Metals – Live Prices & 1-Line Fundamentals

Metal	Price	Fundamental Note
Gold	₹1,21,470/10gm	Safe-haven buying, US/China demand supportive
Silver	₹1,50,400/kg	Flat, steady demand as festival buying abates
Platinum	$1,459/oz	Auto sector optimism offsets supply concerns
Palladium	$1,286/oz	Weak, industrial softness prevails

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Other/Industrial Metals – Live Prices & 1-Line Fundamentals

Metal	Price	Fundamental Note
Copper	$10,625/t	Supported by strategic reserves, China restocking
Nickel	$14,940/t	EV/stainless demand offsets mild oversupply
Aluminum	$2,861.5/t	Global supply tightness, energy input stabilizing
Lead	$2,024/t	Battery demand steady, upside limited
Tin	$36,160/t	Electronics sector supports upside
Zinc	$3,085/t	Infrastructure demand aiding price strength
Steel	3,027 CNY/t	Weak, pressure from low China demand

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Energy – Live Prices & 1-Line Fundamentals

Commodity	Price	Fundamental Note
Brent Crude	$86.66/bbl	Mild upmove as US inventories drop, OPEC+ stance firm
WTI Crude	$82.13/bbl	Stable, US supply holding in range
Natural Gas	₹379.70/MMBtu	Winter buying emerging, price volatility ahead

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Forex – Majors & 1-Line Fundamentals

Pair	Price	Fundamental Note
USD/INR	88.70	Rupee holds steady; domestic buying supports
EUR/USD	1.1489	Euro stable, eyes on inflation and ECB policy
GBP/USD	1.24	Flat; BOE signals rate pause
USD/JPY	154.22	Yen soft, Dovish BOJ stance missing support

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Crypto – Top Coins & 1-Line Fundamentals

Coin	Price	Fundamental Note
Bitcoin	₹91,73,104	Rangebound, correction phase, sentiment cautious
Ethereum	₹3,03,572	Rebounds with market, DApps outlook positive
XRP	₹211	Strong bounce; regulatory overhang persists
BNB	₹84,833	Exchange volumes steady, positive trend
Dogecoin	₹14.81	Mild bounce, retail interest returns

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Indian Indices: Open Interest & PE Ratio

Index	LTP	Call OI	Put OI	PCR	PE Ratio
Nifty 50	25,597.65	High @26,000	High @25,000	0.93	22.32
Bank Nifty	57,827.05	Max @58,000	Max @58,000	—	17.45

Nifty PCR approaches 1, suggesting balanced sentiment with a bearish tilt. PE ratios remain above long-term averages, signaling caution amid high valuations.

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FII & DII Flows

Date	FII Net (₹ Cr)	DII Net (₹ Cr)
Nov 4	–2,109	+5,410
Nov 5	–1,067	+1,203

Foreign selling continues, domestic institutions remain the main support of Indian market stability.

Here is the requested data on MCX futures open interest and NSE index PE ratio for India on 6th November 2025 from the attached file:

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Indian Market Derivative Statistics (6-Nov-2025)

Segment	Data
MCX Futures Open Interest	Highest OI seen in Gold, Silver, Crude Oil, Aluminium, Copper contracts (in lakh lots)
NSE Index PE Ratio	Nifty 50 PE approx 22.30, Bank Nifty PE approx 17.45

• MCX commodity futures saw robust participation in precious metals and energy contracts, indicating active hedging and speculative interest.
• NSE Nifty PE remains elevated at 22.3 reflecting rich valuations; Bank Nifty PE at 17.45 suggests comparatively better valuation comfort in banking.

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Sector Trends & Futures

• Long Buildup: PSU banks, select power and auto names (SBI, Hitachi Energy, Blue Jet Healthcare, JK Tyre).
• Short Buildup: Finance and telecom (Reliance Power, Canara Bank).
• Volume Shockers: Stocks with volumes >1.5x weekly average, mainly in metals, infra, and utilities.

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Economic Calendar (Key Announcements)

Region	Event	Time/Focus
USA	Challenger Job Cuts, EIA NatGas, Fed speeches/auctions	Labour, energy, monetary cues
Europe	ECB meeting, Eurozone CPI final, Labour Costs	Inflation, wage growth, policy
India	RBI, Industrial Output (YoY), Deposit Growth	Domestic growth, liquidity trend

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Fundamental Highlights

Global equities staged a broad recovery except for India, where profit taking pressed indices lower, despite strong DII inflows. Commodities rebounded marginally on safe-haven flows and physical demand. Persistent FII selling and high PE ratios signal caution for Indian equities, with technicals flashing early warning on possible range-bound or corrective action in coming days.

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aiTrendview Strict Disclaimer

This is an AI-generated research blog for reference and educational purposes only. This does not constitute investment advice or recommendations. Please perform independent analysis and consult professional financial experts before making investment decisions. aiTrendview.com and affiliates assume no liability.

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