Indian stock markets landed in negative territory on Thursday, 11 November on concerns that Fed's monetary policy would become tougher after Donald Trump won the US president election. Market watchers believe that this will affect foreign capital outflow from emerging markets.Today investors are advised to watch for the foreign exchange reserves report and industrial production in September.By the close, the Nifty 50 fell 2.69% to 8,269.30, and the BSE Sensex 30 decreased 2.54% to 26,818.82.On the Nifty 50, Pharmaceutical Industries underperformed the broader market, surging 3.69%. On the other side of the ledger, Bharti Infratel and Mahindra & Mahindra dropped 6.45% and 5.92% respectively.The BSE Sensex 30 gainers included Sun Pharmaceutical Industries and HDFC Bank, which advanced 3.3% and 0.3%, respectively. The decliners were topped by Mahindra & Mahindra and Adani, tumbling 6.02% and 5.86%, respectively.The banking sector was under pressure, with ICICI Bank and Yes Bank retreating.On the currency market, the USD/INR pair eased 0.07% to 67.166, and the EUR/INR was down 0.26% at 73.03. The 10-yearbondyieldstoodat6.685%.Software developers Tech Mahindra and HCL Technologies underperformed the broader market, sliding 2.6% and 2.91%, respectively.The biggest Indian drug manufacturer by market cap Sun Pharmaceutical Industries surged 3.69% on better-than-expected earnings.The India's number two irrigation equipment producer Jain Irrigation Systems declined 1.76% even though quarterly net profit totaled INR 4.7 mn compared to a loss of INR 5.7 mn a year earlier.From a technical standpoint, the BSE Sensex 30 index has been mustering a downturn towards 26,000. Stochastic lines are approaching overbought zone, so the bears have a decent chance to extend the downtrend.