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GIFT Nifty points to a subdued start for Sensex and Nifty 50 on Friday

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Business PT24 team

Indian equity markets may open lower on November 13, with Nifty futures down 0.12 per cent at 25,266.50, while most Asian markets opened higher.

The Indian stock market may open weak on November 13, that is, at a lower level. GIFT Nifty has indicated a subdued start for both the Sensex and the Nifty 50.

Nifty futures were trading at 25,266.50, down about 34.50 points or 0.12 per cent from their previous close. This points to a slow start for the Indian market indices.

Most Asian markets opened higher in Friday's morning session. US stock markets, on the other hand, saw a fall because of the Nvidia episode.

A day earlier, on Thursday, the benchmark indices Sensex and Nifty had closed with modest gains for the third session in a row.

Investors may keep an eye on these stocks today: Grasim Industries, Eicher Motors, Tata Motors Passenger Vehicles, Vodafone Idea, Ola Electric Mobility, IRCTC, Rail Vikas Nigam Limited (RVNL), Oil India, Mahindra and Mahindra, Meesho, Reliance Industries, EIH and Clean Max Enviro.

Experts have advised investors to buy shares of Meesho Limited, One 97 Communications Limited (Paytm), Bajaj Finance Limited, Phoenix Mills Limited, Elecon Engineering Company Limited and Siemens Energy India Limited today.

According to Vinit Bolinjkar, head of research at Ventura, shares of HDFC Bank, Park Medi World, One 97 Communications (Paytm), LG Electronics India and Meesho have been in focus in the Indian stock market since Diwali.

Meesho figures in three of these lists: the stocks on investors' radar, the experts' buy recommendations and the stocks named by Bolinjkar. One 97 Communications, or Paytm, figures in both the buy recommendations and Bolinjkar's list.

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