FII Buying, Nvidia Earnings, Crude Oil Prices: 5 Key Triggers to Watch in Stock Market Next Week

November 15, 2026

Mumbai: Indian stock markets are likely to remain volatile during the week starting November 16 as investors track foreign institutional investor (FII) flows, crude oil prices, Nvidia’s quarterly earnings, inflation data and interest rate expectations.

After a strong rally that lifted the Sensex and Nifty for 10 consecutive sessions, benchmark indices witnessed profit booking towards the end of last week. However, sustained foreign investor buying and resilient corporate earnings helped the markets retain their weekly gains.

On Friday, November 13, the Sensex declined 319 points to close at 81,592, while the Nifty fell more than 155 points to settle at 25,144. The decline ended the Nifty’s three-session winning streak.

The correction came amid concerns over global artificial intelligence-related stocks, rising crude oil prices and the possibility of tighter monetary policy following a sharper-than-expected rise in domestic inflation.

1. FII Buying to Remain in Focus

The continuation of foreign institutional investor buying will be one of the biggest factors influencing market sentiment next week.

Foreign investors remained net buyers of Indian equities for the tenth consecutive session on Friday, purchasing shares worth Rs 5,736.55 crore, according to provisional NSE data.

The sustainability of these inflows will be closely watched. Continued foreign buying could support benchmark indices, while a slowdown or reversal may increase selling pressure.

However, domestic institutional investors (DIIs) have been selling shares, making the balance between foreign and domestic fund flows another important factor for the market.

2. Crude Oil Prices and Middle East Tensions

Crude oil prices will remain on investors’ radar as geopolitical developments in the Middle East continue to create uncertainty over global energy supplies.

Comments by US President Donald Trump suggesting that the Iran war was effectively over initially eased concerns and pushed oil prices lower. However, fresh attacks on Saudi energy infrastructure and disruptions to shipping through the Strait of Hormuz led to a rebound.

Brent crude was trading near $96 per barrel towards the end of last week.

Any further rise in oil prices could put pressure on India’s import bill, inflation and corporate profit margins. A sustained decline, on the other hand, could provide support to the domestic market.

3. Nvidia Earnings to Influence Global Technology Sentiment

Global technology stocks will also be in focus as investors await the quarterly results of US chipmaker Nvidia on Tuesday, November 17.

The company’s results and management commentary are expected to provide clues about demand for artificial intelligence chips, investments in data centres and the outlook for the global AI industry.

Any major movement in AI-related stocks could influence investor sentiment across global markets, including India. Indian technology shares may also react as investors assess the impact of changing AI-related spending trends on the IT sector.

4. Inflation and RBI Interest Rate Expectations

Rising inflation has brought interest rate expectations back into focus.

India’s retail inflation accelerated to 6.09 per cent in October from 5.54 per cent in September, crossing the Reserve Bank of India’s upper tolerance limit of 6 per cent.

The latest reading has increased concerns about the possibility of monetary tightening. Several economists expect the RBI could consider a rate hike at its December policy meeting.

Investors will assess how higher inflation could affect borrowing costs, liquidity, consumer demand and economic growth.

5. Wholesale Inflation and Global Economic Cues

Investors will also track India’s October wholesale price index (WPI) inflation data, scheduled for release on Monday, November 16. The reading will offer another indication of price pressures across the economy following the rise in retail inflation.

In the US, October retail sales and industrial production data are due on November 17. Minutes of the Federal Reserve’s October meeting are scheduled for release on November 18, while weekly jobless claims will be announced on November 19.

These indicators could influence expectations around US interest rates, bond yields and the dollar, with possible implications for foreign investment flows into emerging markets such as India.

Market Outlook for the Week

The direction of the Sensex and Nifty next week will depend on the interaction of domestic inflation, foreign fund flows, crude oil movements and global technology sentiment.

While sustained FII buying and corporate earnings could provide support, elevated oil prices and concerns over interest rates may keep investors cautious. Market participants are likely to watch upcoming economic data and global developments before taking fresh positions.