On 9 November 2025, analysts flagged that Indian equities are likely to remain volatile amid global uncertainty and a heavy calendar of domestic inflation and earnings data. Key releases include India’s CPI and WPI figures, while foreign-investor flows and the U.S. government shutdown remain cross-border risk points. Investors are cautioned to monitor global cues alongside local fundamentals. The heightened risk of volatility comes as India’s market rally encounters overhang from macro surprises and external shifts in capital flows. According to Religare Broking, developments in crude, the rupee–dollar, and global earnings will be pivotal.