Category Archives: Latest After the Bell

Nifty mostly wavers in a choppy, directionless session as traders book profits and unwind longs ahead of tomorrow’s RBI policy outcome.

The positive takeaway however was that Nifty snapped its 4-day losing streak.

Benchmark Indices

NIFTY (+48, 26034)
SENSEX (+159, 85265)
BANK NIFTY (-60, 59289)

The Key Catalysts Ahead:

1) A key RBI policy decision and US payrolls on December 5 — potentially a major volatility trigger.

2) Geopolitics enters the frame with Putin’s India visit (Dec 4–5),

3) The Federal Reserve meeting outcome on December 10.

Long story short: Nifty’s next leg higher hinges on one catalyst — rate cuts from both the RBI and the Fed. That could be the spark bulls need to reignite strong upside momentum.

Adv-Dec 33—16

INDIA VIX 10.81 (-3.57%)

NIFTY PCR (09th DEC) 0.81

NIFTY PCR (30th DEC) 1.11

USD/INR Futures (DEC) (-0.26%, 90.11)

SECTOR GAINERS:

NIFTY IT (+0.76%)
NIFTY PVT BANKS (+0.57%)
NIFTY MEDIA (+0.25%)

SECTORS LOSERS

NIFTY MEDIA (-1.45%)
NIFTY CONSUMER DURABLES (-0.62%)
NIFTY OIL & GAS (-0.05%)

TODAY’S MARKET RE-CAP:

1) Nifty (+0.18%) was seen consolidating in an up-and-down session, and most importantly, the benchmark snapped its 4-day losing streak.

Nifty is still above its 21 DMA (25945), 50 DMA (25612) and its 100 DMA (25247). Nifty’s 200 DMA at 24631 mark.

2) Bank Nifty (-0.10%) inched lower after a volatile trade as the losing streak continued for 2nd straight day.

Bank Nifty’s all-time-high continue to be at 60,114.05 mark.

3) The market breadth (32:12) was in favour of the Bulls.

4) Nifty Mid-cap (+0.15%) and Nifty Small-cap (-0.34%) witnessed an uninspiring session and ended on a jittery note.

5) Meanwhile, New Records Highs as on Thursday, December 4th 2025 continue to be at:

26,325.80
Sensex: 86,159.02
Bank Nifty: 60,114.05

STOCKS IN SPOTLIGHT:

1) Nifty IT index (+1.33%) was the biggest outperformer and ended firmly in positive territory despite a struggling broader market.

The sector was showing resilience on the back of two key catalysts:

a) Stronger-than-expected Q2 performance: Multiple IT majors posted robust earnings with solid deal wins, margin improvement, and operational efficiency — keeping sentiment buoyant.

b) Rupee hits 90/$: The steep depreciation of the rupee is a direct earnings tailwind for export-heavy IT companies, as dollar revenues translate into higher rupee realizations.

Interestingly, Nifty IT has been a big outperformer, surging to a 4-month high after a stellar 9% rally in just one month.

This week, Nifty IT index is up 2.60% with top weekly movers like TCS (+2.9%), Infosys (+2.46%)), Tech Mahindra (+3.09%), HCL Tech (+1.95%), LTIMindtree (+2.87%), Persistent Systems (+1.76) and L&T Technology Services (+5.72%)

Meanwhile, TCS hit a 3-month high, gaining around 1.5% to ₹3,227 amid reports it may partner with OpenAI.

Media reports suggest TCS is in advanced talks to help build AI compute infrastructure in India and co-develop agentic AI tools for enterprises. OpenAI is reportedly exploring leasing 500 MW of data-centre capacity from TCS’s HyperVault arm to run and train models locally.

If confirmed, this would mark the second major India–global AI collaboration after the Google–Reliance tie-up earlier this year.

(Source: liveMint, Moneycontrol, business Standard)

2) Petronet LNG (+4.54%) jumped after the company signed a long-term agreement with ONGC to develop and operate ethane import and handling infrastructure at its Dahej terminal — a move that strengthens its positioning in India’s evolving gas value chain.

3) Mukka Proteins (+1.11%) surged as its joint venture with Hardik Gowda and MS Jathin Infra secured a ₹474.89 crore contract from Bengaluru Solid Waste Management Ltd (BSWML), reinforcing the company’s growing order visibility.

4) Defence stocks were in the spotlight as Russian President Vladimir Putin begins his first India visit in four years.

Counters like HAL (+1.89%), BDL (+3.7%), and BEL (+1.25%) drew strong investor interest amid expectations that the visit will accelerate key defence agreements covering air-defence systems, fighter aircraft, and missile technologies.

Broader defence names also logged gains: Unimech Aerospace (+2.53%), Mishra Dhatu Nigam – MIDHANI (+1.52%), Data Patterns (+0.71%), Paras Defence (+0.79%), and Bharat Dynamics – BDL (+3.7%).

Putin is expected to arrive in New Delhi around 4:30 PM today (Thursday, 4 December), as per PTI.

The strategic dialogue is expected to centre around advanced defence cooperation, with particular focus on the S-500 Prometheus missile system, a next-generation upgrade over the S-400 platform currently being inducted.

During discussions with Russian Defence Minister Andrey Belousov, the Indian delegation is expected to emphasize timely delivery of pending military hardware, while also exploring options for future procurement, including the S-500, as widely reported in the media.

Bottom line: Heightened geopolitical engagement and potential big-ticket defence deals could keep sentiment buoyant across defence manufacturing and allied sectors.

(Source: liveMint, Moneycontrol, business Standard)

BULLS OF THE DAY:

TECHM (+1.51%)
HDFCLIFE (+1.49%)
TCS (+1.48%)
SBILIFE (+1.41%)
BEL (+1.25%)

BEARS OF THE DAY:

INDIGO (-2.39%)
RELIANCE (-0.88%)
HINDALCO (-0.65%)
MARUTI (-0.64%)
TITAN (-0.62%)

STOCKS SCALING FRESH 52-WEEK HIGH:

ASIANPAINTS (CMP 2955) 52-week high at ₹ 2985.70
HEROMOTOCORP (CMP 6340) 52-week high at ₹ 6351
JKTYRE (CMP 473.30) 52-week high at ₹ 476.90

52 week lows
BAJAJ ELECTRICALS (CMP 481.20) 52 week low at 478.35.
BATAINDIA (CMP 960) 52 week low at 956.90
COLPAL (CMP 2136.50) 52 week low at 2096.20
CROMPTON (CMP 258.25) 52 week low at 255.10
DEEPAKNTR (CMP 1530) 52 week low at 1514

OUR VIEW FOR FRIDAY’S TRADE

Technically speaking, confirmation of major strength only above Nifty’s all-time high at 26326. Immediate hurdle at 26200.

All eyes on this week’s RBI MPC Outcome on Friday, December 5th. Both Fed and RBI are expected to deliver 25 bps rate cut this month.

ALL ABOUT NIFTY:
Nifty (CMP: 26034)
Support: 25900/25700
Resistance: 26200/26350
Range: 25966-26175
21 DMA: 25946
50 DMA: 25612
200 DMA: 24631
Trend: Neutral
,,
BULLISH LOOKING STOCKS:

BEL

INFY

PGEL

BULLISH LOOKING STOCKS (LONG TERM):

CHOLAFIN

BELRISE

DREDGING

BEARISH LOOKING STOCKS:

INDIGO

KAYNES

MUTHOOTFIN

STOCKS TO AVOID:

CDSL

TITAN

IEX

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Nifty Continues to Bleed for 3rd straight day.

Even a rebound at Wall Street could not make the light green for Dalal Street.

Benchmark Indices

NIFTY (-46, 25986)
SENSEX (-31, 85107)
BANK NIFTY (+74, 59348)

Blame the massive drubbing on 2-negative catalysts:

1) The sharp drop in India’s manufacturing PMI to a nine-month low (56.6), signalling cooling domestic momentum and softer export demand — adding to the concerns already weighing on sentiment.

2) Rupee Weakness Deepens. The Indian rupee hit a fresh lifetime low of 90.14 per USD. The decline was driven by persistent dollar demand from corporates, importers, and foreign portfolio investors

2) Persistent FII Selling: Year-to-date (YTD), cumulative FII net selling now stands at a substantial ₹1,32,469 crore.

The Good News: The positive takeaway however was that Bank Nifty rebounded from lower levels as the expectations remain elevated for a strong year-end finish for Nifty.

Nifty Private Bank Index (+0.59%) witnessed massive rebound from lower levels as HDFC Bank (+1.08%) and ICICI Bank (+1.38%) led from the front amidst value buying.

Long Story short: Bulls seen praying with knees bended and both hands folded for rate cut from both the RBI and the Fed which may be the spark needed to reignite positive momentum.

Adv-Dec 13—37

INDIA VIX 11.21 (-0.18%)

NIFTY PCR (09th DEC) 0.69

NIFTY PCR (30th DEC) 1.11

USD/INR Futures (DEC) (+0.26%, 90.35)

SECTOR GAINERS:

NIFTY IT (+0.76%)
NIFTY PVT BANKS (+0.57%)
NIFTY MEDIA (+0.25%)

SECTORS LOSERS

NIFTY PSUBANKS (-3.07%)
NIFTY CONSUMER DURABLES (-1.57%)
NIFTY AUTO (-1.20%)

TODAY’S MARKET RE-CAP:

1) Nifty (-0.46%) traded lower for the 3rd straight day. Overbought technical conditions too blamed.

Nifty is still above its 21 DMA (25925), 50 DMA (25596) and its 100 DMA (25240). Nifty’s 200 DMA at 24617 mark.

2) Bank Nifty (+0.13%) inched higher after a volatile trade and snapped its 2-day losing streak.

Bank Nifty’s all-time-high continue to be at 60,114.05 mark.

3) The market breadth (12:38) was in favour of the Bears.

4) Nifty Mid-cap (-0.87%) and Nifty Small-cap (-0.71%) witnnsesd massive profit booking and ended on a jittery note.

5) Meanwhile, New Records Highs as on Wednesday, December 3rd 2025 continue to be at:
26,325.80
Sensex: 86,159.02
Bank Nifty: 60,114.05

STOCKS IN SPOTLIGHT:

1) Angel One slips 5.48% to ₹2,660 after reporting a 16.6% YoY drop in gross client additions — down to 0.50 million in November 2025 from 0.60 million a year earlier. (Source: moneycontrol)

2) Vodafone Idea (+4.34%, 10.57) jumps out of the roof after reports suggest Telecom Minister Jyotiraditya Scindia indicated that the Centre may finalise the company’s AGR relief recommendations soon.
(Source: ndtvprofit)

3) PSU OMCs like IOC (+1.24%), BPCL (-0.08%) and HPCL (+0.22%) aim to flirt above the dotted lines as WTI oil prices ($59 per barrel) continue to fall.

Oil prices are down after industry data showed US crude inventories rose by about 2.5 million barrels. (source: tradingeconomics)

Why OMC Stocks Rise When Petrol & Diesel Prices Fall?

The 4-big positive catalysts for PSU Oil Marketing Companies (OMCs) like IOC, BPCL, and HPCL:

a) Lower Under-Recovery Risk: When global crude prices fall — and retail prices are cut moderately — their under-recoveries reduce or disappear, improving profitability.

b) Marketing Margins Expand: OMCs earn from the spread between global product prices and domestic retail prices. If crude/product prices fall faster than retail prices, net marketing margins increase, boosting earnings.

c) Inventory Gains: OMCs hold large crude inventories.When crude prices fall gradually (not sharply), they may benefit from lower procurement cost for future sales, aiding margins.

d) Improved Cash Flows & Lower Working Capital: Cheaper crude means lower import bills and reduced borrowing needs. This strengthens balance sheets — a positive trigger for the stocks.

4) Nifty IT index (+0.76%) is the biggest outperformer and is trading firmly in positive territory despite a weak broader market.

The sector was showing resilience on the back of two key catalysts:

a) Stronger-than-expected Q2 performance: Multiple IT majors posted robust earnings with solid deal wins, margin improvement, and operational efficiency — keeping sentiment buoyant.

b) Rupee hits 90/$: The steep depreciation of the rupee is a direct earnings tailwind for export-heavy IT companies, as dollar revenues translate into higher rupee realizations.

Wipro (+1.61%, TCS (+1.41%), Infosys (+0.94%) gain as rupee hits fresh record low against US dollars.

5) The Nifty PSU Bank index was down nearly 3.05% to 8,255

The shares of PSU banks dropped after government clarified that it has no plans to raise foreign direct investment (FDI) limit in these lenders from 20 percent to 49 percent.

(SBI (-1.71%), Indian Bank (-5.52%), PNB (-431%), other PSU bank stocks after FinMin clarifies no proposal to hike FDI limit. This falls comes after the stocks recorded sharp gains following earlier reports.

6) Biocon (+2.88%) gained after Biocon Biologics, a subsidiary of Biocon, has inked a settlement agreement with Amgen Inc., paving the way for the global rollout of its Denosumab biosimilars.

The deal enables the company to commercialize Vevzuo and Evfraxy across Europe starting December 2, 2025, while access to the rest of the world also opens up. Other terms of the settlement remain confidential.

7) Emmvee Photovoltaic (+1.98%) stayed in the spotlight, extending its momentum after hitting the upper circuit in yesterday’s trade.

The catalyst: The company posted a stellar Q2 FY26 consolidated net profit of ₹237.86 crore, a jump of nearly 7x (577%) YoY versus ₹35.12 crore last year. On a sequential basis, profit was up 27% QoQ from ₹187.67 crore in Q1 FY26.

BULLS OF THE DAY:

WIPRO (+1.61%)
HINDALCO (+1.46%)
TCS (+1.41%)
ICICIBANK (+1.38%)
HDFCBANK (+1.04%)

BEARS OF THE DAY:

MAXHEALTH (-2.91%)
TATACONSUM (-2.25%)
ADANIENT (-2.14%)
BEL (-2.03%)
SHRIRAMFIN (-1.83%)

OUR VIEW FOR THURSDAY’S TRADE

Technically speaking, confirmation of major strength only above Nifty’s all-time high at 26326. Immediate hurdle at 26200.

All eyes on this week’s RBI MPC Outcome on Friday, December 5th.

ALL ABOUT NIFTY:
Nifty (CMP: 25986)
Support: 25850/25700
Resistance: 26200/26350
Range: 25899-26176
21 DMA: 25925
50 DMA: 25596
200 DMA: 24616
Trend: Neutral
,,
BULLISH LOOKING STOCKS:

ASHOKLEY

BIOCON

IEX

BULLISH LOOKING STOCKS (LONG TERM):

CHOLAFIN

BELRISE

DREDGING

BEARISH LOOKING STOCKS:

BDL

ADANIENT

HDFCAMC

STOCKS TO AVOID:

INDIGO

RECLTD

RELIANCE

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

No surprises — Nifty came under heavy profit booking on weekly expiry, as participants chose to book gains after the recent run-up.

Benchmark Indices

NIFTY (-144, 26032)
SENSEX (-504, 85138)
BANK NIFTY (-408, 59274)

Blame the massive profit booking on:

1) Rupee Weakness Deepens. The Indian rupee hit a fresh lifetime low of 89.92 per USD. The decline was driven by persistent dollar demand from corporates, importers, and foreign portfolio investors

2) Persistent FII Selling:

a) FIIs sold ₹3,795.72 crore worth of equities in Monday’s session.
b) In the past week, total FII selling stood at ₹6,443 crore.
c) For November 2025 alone, FIIs have offloaded close to ₹17,500 crore.
d) Year-to-date (YTD), cumulative FII net selling now stands at a substantial ₹1,32,469 crore.

3) Weak Global Cues:

4) Pressure on Banking Stocks: The Nifty Private Bank index fell up to 0.4% as key constituents like HDFC Bank and ICICI Bank reacted to index weight recalibration.

Context: Please note, SEBI has directed NSE to reduce concentration risk in index-heavy futures baskets like Nifty Bank. Under the new structure, the top three stocks will be capped at 19%, 14% and 10% respectively — triggering portfolio rebalancing-led selling.

Long Story short: Overbought conditions + no new triggers = bears back in action.

Adv-Dec 13—37

INDIA VIX 11.22 (-3.53%)

NIFTY PCR (09th DEC) 0.73

NIFTY PCR (30th DEC) 1.16

USD/INR Futures (DEC) (+0.45%, 90.08)

SECTOR GAINERS:

NIFTY PHARMA (+0.08%)

SECTORS LOSERS

NIFTY FINANCIAL SERVICES (-0.78%)
NIFTY PVT BANKS (-0.69%)
NIFTY CONSUMER DURABLES (-0.44%)

TODAY’S MARKET RE-CAP:

1) Nifty (-0.55%) plunged in a volatile trade after it scaled fresh record highs in yesterday’s trade. Overbought technical conditions too blamed.

Nifty is still above its 21 DMA (25916), 50 DMA (25583) and its 100 DMA (25235). Nifty’s 200 DMA at 24604 mark.

2) Bank Nifty (-0.68%) to fell for the 2nd straight day and moist importantly, mirriroed Nifty’s weaknsess.

Bank Nifty’s all-time-high continue to be at 60,114.05 mark.

3) The market breadth (12:38) was in favour of the Bears.

4) Nifty Mid-cap (-0.17%) and Nifty Small-cap (-0.55%) were seen in consolidative mode.

5) Meanwhile, New Records Highs as on Tuesday, December 2nd 2025:

Nifty: 26,325.80
Sensex: 86,159.02
Bank Nifty: 60,114.05

STOCKS IN SPOTLIGHT:

1) Vodafone Idea climbs 2.11% on AGR relief optimism
Vodafone Idea shares rallied after Union Minister Jyotiraditya Scindia indicated that the government may finalise its AGR relief framework by end-2025.

The stock has seen a sharp turnaround—rising over 81% in three months from its 52-week low of ₹6.12 in August to a recent high of ₹11.08 in November.

2) SPARC hits upper circuit on favourable U.S. court ruling: Sun Pharma Advanced Research Company surged 20% to ₹161.10 after a U.S. District Court granted a favourable summary judgment related to its Sezaby Priority Review Voucher (PRV), boosting investor sentiment.

3) Reliance Industries slips on legal setback: Reliance Industries fell 1.12% after reports indicated that the Supreme Court dismissed its appeal against the Securities Appellate Tribunal’s ruling. The SAT had earlier upheld a ₹30 lakh penalty imposed for non-disclosure regarding the Jio–Facebook agreement, as reported by Bar & Bench. (Source: Business standard)

BULLS OF THE DAY:

ASIANPAINTS (+3.15%)
DRREDDY (+1.30%)
MARUTI (+0.92%)
BHARTIARTL (+0.87%)
SBILIFE (+0.68%)

BEARS OF THE DAY:

INDIGO (-1.62%)
ICICIBANK (-1.17%)
RELIANCE (-1.14%)
HDFCBANK (-1.07%)
AXISBANK (-1.05%)

OUR VIEW FOR WEDNESDAY’S TRADE

Technically speaking, confirmation of major strength only above Nifty’s all-time high at 26326. Immediate hurdle at 26200.

All eyes on this week’s RBI MPC Outcome on Friday, December 5th.

ALL ABOUT NIFTY:
Nifty (CMP: 26032)
Support: 25850/25700
Resistance: 26200/26350
Range: 25899-26176
21 DMA: 25915
50 DMA: 25583
200 DMA: 24604
Trend: Neutral

BULLISH LOOKING STOCKS:

ASHOKLEY

IEX

BIOCON

BULLISH LOOKING STOCKS (LONG TERM):

CHOLAFIN

BELRISE

DREDGING

BEARISH LOOKING STOCKS:

INDIANB

ADANIENT

HDFCAMC

STOCKS TO AVOID:

INDIGO

RECLTD

RELIANCE

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

The benchmarks take a much-expected breather after claiming fresh all-time highs in previous session.

Nifty’s intraday gains fizzled out by the second of the day’s session amidst profit-booking. BankNifty however, was able to defend some of its gains as it ended a tad above the dotted lines.

Benchmark Indices

NIFTY (-13, 26203)
SENSEX (-19, 85702)
BANK NIFTY (+15, 59753)

New Records Touched Earlier in Thursday’s session.
• Nifty: 26,310.45
• Sensex: 86,054.26
• Bank Nifty: 59,866.60

Top Nifty 50 Gainers:

M&M (+2.17%)
SUNPHARMA (+1.20%)
ADANIENT (+1.20%)
KOTAKBANK (+0.71%)
EICHERMOT (+0.66%)

Top Nifty 50 Losers:

SBILIFE (-1.72%)
HDFCLIFE (-1.36%)
SHRIRAMFIN (-1.35%)
POWERGRID (-1.35%)
BHARTIARTL (-0.74%)

Stocks scaling fresh 52-week high:

ABCAPITAL (CMP 357.60) 52-week high at ₹360.10
ADANIPORTS (CMP 1516.50) 52-week high at ₹ 1534.30
CUMMINS (CMP 4470) 52-week high at ₹ 4518.60
LTF (CMP 311.20) 52-week high at ₹ 315.35
M&MFIN (CMP 371.95) 52-week high at ₹ 372.95
(NSE INDIA)

Sector Snapshot:
Media, Pharma & Auto space outperformed, while Oil & Gas, Financial Services were underperformers.

🚀 Top Sectors Gainers
NIFTY AUTO (+0.62%)
NIFTY PHARMA (+0.59%)
NIFTY MEDIA (+0.55%)

📉 Top Sectors Losers
NIFTY OIL & GAS (-0.69%)
NIFTY FINANCIAL SERVICES (-0.37%)
NIFTY REALTY (-0.19%)

NIFTY PCR (02nd DEC) 1.12

NIFTY PCR (30th DEC) 1.21

USD/INR Futures (NOV) (+0.08%, 89.55)

(Source NSEINDIA)

Today’s stock in focus: 63 Moons Technologies zoomed 19% to ₹930.90 on the BSE in Friday’s intra-day trade after the company informed that the Hon’ble National Company Law Tribunal, Mumbai (NCLT) approved the One-Time Settlement Scheme between National Spot Exchange Limited (NSEL) and traders today (Business Standard).

Despite today’s consolidation, the Positive Catalysts still remain in the background that might fuel more upside for benchmarks at Dalal Street.

1) Hopes of A December rate cut by the Fed.

2) Sliding, India’s retail inflation
3) Hopes of a rate cut by RBI.
(CNBC TV18)

4) Crude Oil Prices in a Freefall: Oil fell to $59/barrel, after reports of a revised Ukraine-Russia peace deal. (tradingeconomics)

5) Moody’s Ratings today said with a 7% GDP expansion in 2025 and 6.4% in the next year, India will lead growth among emerging markets and across the Asia Pacific region.

6) The Good News: India VIX witnessed its steepest weekly decline in six months — sliding from 13.64 on November 21 to around 11.1 — Well, despite Nifty scaling new record highs, the volatility expectations have ease sharply.

7) Russian President Vladimir Putin will visit India on December 4–5 for the 23rd Annual Summit, aiming to deepen the nations’ “Special and Privileged Strategic Partnership” and discuss key global and regional priorities. (Source Businessstandard)

Stocks scaling fresh 52-week high:

1) Eureka Forbes, a key player in the Electronics & Appliances sector, reached a new 52-week high of Rs.660.8 today, reflecting sustained momentum and notable gains over recent sessions.

2) Tamilnadu Steel Tubes has reached a significant milestone by touching a new 52-week high of Rs.36.09, marking a notable phase of momentum in the iron and steel products sector. This achievement reflects a sustained upward trend supported by consistent gains over the past week.(Business Standard)

OUR VIEW FOR MONDAY’S TRADE

Its the start of a fresh month and also the final one in calendar year 2025. The street will react to Auto Sales data and GDP Collection figures releasing during the weekend. But before that, all eyes will be on today’s GDP figures releasing at 4 pm IST

Technically speaking, Nifty’ new all-time high at 26310 itself has become a key hurdle, especially after the profit-booking that followed.

ALL ABOUT NIFTY:
Nifty (CMP: 26203)
Support: 25850/25700
Resistance: 26351/26500
Range: 25870-26333
21 DMA: 25886
50 DMA: 25554
200 DMA: 24578
Trend: Positive

BULLISH LOOKING STOCKS:

ADANIENT

NYKAA

PGEL

BULLISH LOOKING STOCKS (LONG TERM):

MAX FINANCIAL

TECHM

M&M

BEARISH LOOKING STOCKS:

ADANIENT

KAYNES

BHARTIARTL

STOCKS TO AVOID:

OIL

MAZDOCK

SRF

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

It was a banner day for Nifty, Sensex and Bank Nifty.

A new record high for benchmark Nifty — officially ended a 14-month consolidation and most importantly, potentially triggering the next leg of Nifty’s rally.

Benchmark Indices

NIFTY (+10, 26216)
SENSEX (+111, 85720)
BANK NIFTY (+209, 59737)

The Intraday Rally Faded After Record Highs — Profit-Booking Takes Charge.

Well, Nifty’s intraday surge cooled off as traders booked profits at higher levels, halting the momentum after fresh lifetime peaks earlier in the session.

The benchmark indices surrendered early gains and drifted into mild negative territory during the afternoon session. However, Nifty managed to claw back and finish just above the dotted line, signalling a cautious but resilient market tone.

New Records Touched Earlier:
• Nifty: 26,306.95
• Sensex: 86,026.18
• Bank Nifty: 59,804.65

Top Nifty 50 Gainers:

BAJFINANCE (+2.43%)
ICICIBANK (+1.37%)
SHRIRAMFIN (+1.33%)
HUL (+1.23%)
BAJAJFINSV (+0.95%)

Top Nifty 50 Losers:

ADANIENT (-2.85%)
EICHERMOT (-2.70%)
ETERNAL (-1.52%)
MARUTI (-1.51%)
ONGC (-1.51%)

Stocks scaling fresh 52-week high:

ASHOKLEY (CMP 158.80) 52-week high at ₹162
AXISBANK (CMP 1286) 52-week high at ₹ 1304
BHEL (CMP 290.50) 52-week high at ₹ 295.25
HEROMOTOCORP (CMP 6165) 52-week high at ₹ 6200
MCX (CMP 10431) 52-week high at ₹10471.50
(NSE INDIA)

Sector Snapshot:
Media, Bank Nifty and IT outperformed, while Realty, Oil & Gas and Consumer Durables witnessed selling pressure.

🚀 Top Sectors Gainers
NIFTY MEDIA (+0.84%)
NIFTY FINANCIAL SERVICES (+0.46%)
NIFTY PVT BANKS (+0.34%)

📉 Top Sectors Losers
NIFTY MEDIA (+0.84%)
NIFTY FINANCIAL SERVICES (+0.46%)
NIFTY PVT BANKS (+0.34%)

NIFTY PCR (02nd DEC) 1.15

NIFTY PCR (30th DEC) 1.23

USD/INR Futures (NOV) (+0.04%, 89.45)

(Source NSEINDIA)

🚗 Auto Stocks Fire Up — Nifty Auto Index too Hits Record High!
Auto stocks continued their winning streak as the Nifty Auto index scaled a new all-time high of 27,832.60, driven by expectations of strong November wholesale figures. The index surpassed its previous peak of 27,725.25 (Sept 23, 2025).
🔥 Top Movers:
• Escorts (+4.49%, ₹3852) and Ashok Leyland (+6.67%, ₹158.88) surged fueled by optimism in the commercial vehicle (CV) segment. (Source: economictimes)
📈 Sector Outperformance:
• Nifty Auto is up 3% in November, outshining the Nifty 50 (+1.9%).
• Over the last four months, the auto index has jumped 17%, compared with a 6% rise in the broader benchmark.

The Positive Catalysts:

1) Fed rate cut hopes rise: Well, lower U.S. interest rates typically boost the appeal of emerging markets like India, making them more attractive destinations for foreign capital. (Moneycontrol)

2) The Nifty Bank index scaled fresh record high @59866.60, and most importantly, races towards psychological 60,000 mark amidst:

A) Sliding, India’s retail inflation
B) Hopes of a rate cut by RBI.
(CNBC TV18)

4) Crude Oil Prices in a Freefall: Oil fell to $58.20/barrel, a five-week low, after reports of a revised Ukraine-Russia peace deal. (tradingeconomics)

Stocks scaling fresh 52-week high:

1) Ashok Leyland Hits Fresh 52-Week High!
Ashok Leyland surged 6.5% to ₹158.60, marking a new 52-week high after announcing a strategic merger between its material subsidiary Hinduja Leyland Finance (HLFL) and NDL Ventures (formerly NXTDIGITAL).
The deal — set for April 2026, subject to approvals — includes a 25:10 share exchange ratio and forms part of a broader corporate restructuring strategy.

2) Mahindra Finance Hits Fresh 52-Week High after management’s recent statement that indicated that the second half of the financial year 2025-26 (H2FY26F) will witness a sustainable revival in demand and asset quality.
(NSE INDIA)

OUR VIEW FOR FRIDAY’S TRADE

Technically speaking, Nifty’ new all-time high at 26310 itself has become a key hurdle, especially after the profit-booking that followed.

All eyes on India’s Friday’s GDP Growth Estimates for quarter ended September 30th, 2025

ALL ABOUT NIFTY:
Nifty (CMP: 26216)
Support: 25850/25700
Resistance: 26351/26500
Range: 25870-26333
21 DMA: 25879
50 DMA: 25534
200 DMA: 24566
Trend: Positive

BULLISH LOOKING STOCKS:

ASHOKLEY

CUMMINS

L&T

BULLISH LOOKING STOCKS (LONG TERM):

MAX FINANCIAL

TECHM

GRSE

BEARISH LOOKING STOCKS:

ADANIENT

EICHER

TIINDIA

STOCKS TO AVOID:

OIL

MAZDOCK

SRF

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Nifty kicks off December F&O series on a positive note as investors cheer the ongoing bullish momentum at global stock markets, hoping the uptrend on Dalal Street will extend further.

The Good News: Nifty’s rally has more legs to run, hopefully, shall cross 26277.35 mark. Matter of time…

NIFTY (+321, 26205)
Sensex (+1023, 84610)
Bank Nifty (+708, 59528)

The Positive Catalysts:

1) Fed rate cut hopes rise: Well, lower U.S. interest rates typically boost the appeal of emerging markets like India, making them more attractive destinations for foreign capital. (Moneycontrol)

2) Nifty Metal index (+2%) shines after fresh positive commentary from India’s Steel Secretary who has said a government decision on reinstating the safeguard duty is expected soon. He added that adjustments in BIS norms and quality controls are aimed at balancing the interests of both steel producers and consumers. (CNBC TV18)

3) The Nifty Bank index scaled fresh record high @59554.95, and most importantly, races towards psychological 60,000 mark amidst:

A) Sliding, India’s retail inflation
B) Hopes of a rate cut by RBI.
(CNBC TV18)

4) Crude Oil Prices in a Freefall: Oil fell to $57.85/barrel, a five-week low, after reports of a revised Ukraine-Russia peace deal. (tradingeconomics)

Adv-Dec 19—30

INDIA VIX 12.24 (-7.55%)

NIFTY PCR (02nd DEC) 0.73

NIFTY PCR (30th DEC) 1.26

USD/INR Futures (NOV) (+0.04%, 89.19)

SECTOR GAINERS:

NIFTY METAL (+2.06%)
NIFTY CONUSMER DURABLES (+1.75%)
NIFTY OIL & GAS (+1.72%)

SECTORS LOSERS

NONE

TODAY’S MARKET RE-CAP:

1) Nifty (+1.24%) zoomed higher and raced towards its all-time-high and most importantly, snapped its 3-day decline.

Nifty is still above its 21 DMA (25865), 50 DMA (25511) and its 100 DMA (25207). Nifty’s 200 DMA at 24553 mark.

2) Bank Nifty (+1.2%) scaled a new all-time-high continuing with its bullish march.

Bank Nifty’s new all-time-high continue to be at 59554.95 mark.

3) The market breadth (45:5) was in favour of the Bulls.

4) Nifty Mid-cap (+1.42%) and Nifty Small-cap (+1.36%) zoomed higher snapping their recent sluggishness.

STOCKS IN SPOTLIGHT:

1) MCX shares crossed the ₹10,000 mark for the first time, extending a remarkable rally. The stock has surged 132% in the past eight months, driven by strong volume growth and positive sentiment around the exchange business.

Year-to-date, MCX is up ~62% in 2025, following gains of 95% in 2024 and 106% in 2023, marking an exceptional multi-year bull run.
(CNBC TV18)

L&T climbs 2%, hits fresh record high — as sentiment around the stock remains upbeat amidst strong order book visibility, execution strength, and continued government spending on infrastructure and defence.

(Source: Businessstandard)

Stocks scaling fresh 52-week high:

SBI (CMP 984.45) 52-week high at ₹999
LARSEN (CMP 4062) 52-week high at ₹4074.60
AXIS BANK (CMP 1290) 52-week high at ₹1292.80
RELIANCE (CMP 1569.90) 52-week high at ₹1571.60
SHRIRAM FINANCE (CMP 856.60) 52-week high at ₹858.85
(NSE INDIA)

Top Nifty 50 Gainers:

JSWSTEEL (+3.69%)
HDFCLIFE (+2.80%)
BAJAJFINSV (+2.55%)
BAJFINANCE (+2.51%)
JIOFIN (+2.39%)

Top Nifty 50 Losers: Despite the broader market strength, declines were marginal with:

BHARTIARTL (-1.60%)
ADANIENT (-0.81%)
EICHERMOT (-0.53%)
SBILIFE (-0.20%)
ASIANPAINTS (-0.13%)

OUR VIEW FOR THURSDAY’S TRADE

Technically speaking, gates now seem to have opened for uncharted territories for benchmarks at Dalal Street. Nifty is poised to reclaim its all-time high at 26277.35 mark which it may hit with the blink of the eye.

All eyes on India’s Friday’s GDP Growth Estimates for quarter ended September 30th, 2025

ALL ABOUT NIFTY:
Nifty (CMP: 26205)
Support: 25850/25700
Resistance: 26351/26500
Range: 25870-26333
21 DMA: 25865
50 DMA: 25511
200 DMA: 24553
Trend: Positive

BULLISH LOOKING STOCKS:

YESBANK

GLENMARK

HUDCO

BULLISH LOOKING STOCKS (LONG TERM):

MAX FINANCIAL

TECHM

GRSE

BEARISH LOOKING STOCKS:

ADANIENT

EICHER

BHARTIARTL

STOCKS TO AVOID:

INDHOTEL

MAZDOCK

SRF

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Nifty’s intraday gains evaporate as the benchmark succumbs to selling pressure on the November F&O expiry day.

Volatility is likely to remain elevated as long as Nifty stays below the 26,000 mark.

NIFTY (-75, 25885)
Sensex (-314, 84587)
Bank Nifty (-15, 58820)

Nifty ends lower for the 3rd straight day amidst massive profit booking.

The Biggest Headwinds:

FIIs sellers in the November 2025 to the tune of ₹18,012.80 crores.

Technically speaking, Nifty’s massive breakout on the upside still possible — but confirmation of strength now only above 26109 mark.

The Gyan Mantra for bullish traders is to stay on the cautious mode as the downside risk still remains at Nifty’s biggest at 25671 mark.

Adv-Dec 19—30

INDIA VIX 12.24 (-7.55%)

NIFTY PCR (02nd DEC) 0.73

NIFTY PCR (30th DEC) 1.26

USD/INR Futures (NOV) (+0.04%, 89.19)

SECTOR GAINERS:

NIFTY REALTY (+1.62%)
NIFTY PSUBANKS (+1.44%)
NIFTY METAL (+0.55%)

SECTORS LOSERS

NIFTY MEDIA (-0.80%)
NIFTY CONSUMER DURABLES (-0.57%)
NIFTY IT (-0.57%)

TODAY’S MARKET RE-CAP:

1) Nifty (-0.29%) slipped amidst profit booking as the benchmark ended in red for the 3rd straight day. Overbought conditions too blamed.

Nifty is still above its 21 DMA (25853), 50 DMA (25489) and its 100 DMA (25200). Nifty’s 200 DMA at 24539 mark.

2) Bank Nifty (-0.03%) inched lower from its overbought technical conditions as profit booking continued to be the preferred theme.

Bank Nifty’s all-time-high continue to be at 59440.10 mark.

3) The market breadth (20:29) was in favour of the Bears.

4) Nifty Mid-cap (+0.69%) and Nifty Small-cap (+0.21%) were seen in consolidative mode.

STOCKS IN SPOTLIGHT:

1) Muthoot Microfin surged 2.31% after the company announced that its board will meet on 27 November 2025 to consider raising funds through non-convertible debentures (NCDs) via private placement.

2) Ceigall India (-0.08%) traded sideways despite the company secured a Letter of Intent (LoI) for setting up a 400/220 kV Velgaon GIS substation.

3) Max India advanced 1.7% after its subsidiary, Antara Assisted Care Services, launched a new 80-bed senior care facility in Whitefield, Bengaluru. With this addition, Antara now operates 163 beds in Karnataka and 500 beds nationwide.

4) In contrast, Yatra Online (-0.48%) traded with negative bias following the resignation of CEO Dhruv Shringi citing personal reasons. The company has appointed Siddhartha Gupta as the new CEO, effective the same date.

BULLS OF THE DAY:

BEL (+1.58%)
HINDALCO (+1.44%)
SBIN (+1.33%)
SHRIRAMFIN (+1.26%)
DRREDDY (+0.80%)

BEARS OF THE DAY:

ADANIENT (-2.91%)
TMPV (-1.59%)
TRENT (-1.49%)
INFY (-1.15%)
POWERGRID (-1.14%)

OUR VIEW FOR WEDNESDAY’S TRADE

Technically speaking, Nifty is now way below 26000 mark. Hence, confirmation of strength only above 26100.

Bottom-line: Next key support to watch is at 25740.

ALL ABOUT NIFTY:
Nifty (CMP: 25885)
Support: 25740/25601
Resistance: 26100/26300
Range: 25750-26965
21 DMA: 25854
50 DMA: 25490
200 DMA: 24539
Trend: Neutral

BULLISH LOOKING STOCKS:

IDFCFIRSTB

FEDERALBNK

HUDCO

BULLISH LOOKING STOCKS (LONG TERM):

SYRMA TECHNOLOGIES

HBL ENGINEERING

GRSE

BEARISH LOOKING STOCKS:

ADANIENT

INDIGO

TRENT

STOCKS TO AVOID:

INDHOTEL

MAZDOCK

SRF

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Nifty succumbs to selling pressure as investors await more clearer signals on the India-US trade deal — volatility may persist as Nifty slips below 26000.

NIFTY (-109, 25960)
Sensex (-331, 84901)
Bank Nifty (-32, 58835)

Nifty’s intraday strength fizzles amidst massive profit booking.

Nifty Mid-cap index (-0.89%), Nifty Small-cap (-0.93%), Nifty Defence (-2.58%) and Nifty Reality index (-2.11%) received massive drubbing.

The Biggest Headwinds:

FIIs turning sellers in the November 2025 to the tune of ₹13,841 crores.

Volatility was the hallmark of day’s trading as traders brace for November F&O expiry on Tuesday, November 25th 2025.

Technically speaking, Nifty’s massive breakout on the upside still possible — but confirmation of strength now only above 26109 mark.

The Gyan Mantra for bullish traders is to stay cautious with biggest support to watch at Nifty’s 25671-support zone.

Adv-Dec 12—38

INDIA VIX 13.23 (-2.93%)

NIFTY PCR (25th NOV) 0.65

USD/INR Futures (NOV) (-0.39%, 89.38)

SECTOR GAINERS:

NIFTY IT (+0.41%)

SECTORS LOSERS

NIFTY REALTY (-2.05%)
NIFTY METAL (-1.23%)
NIFTY CONSUMER DURABLES (-1.15%)

TODAY’S MARKET RE-CAP:

1) Nifty (-0.42%) slipped amidst profit booking as the benchmark ended in red for the 2nd straight day. Overbought conditions too balmed.

Nifty is still above its 21 DMA (25849), 50 DMA (25472) and its 100 DMA (25197). Nifty’s 200 DMA at 24527 mark.

2) Bank Nifty (-0.05%) inched lower from its overbought technical conditions as profit booking continued to be the preferred theme.

Bank Nifty’s all-time-high continue to be at 59440.10 mark.

3) The market breadth (12:38) was in favour of the Bears.

4) Nifty Mid-cap (-0.89%) and Nifty Small-cap (-0.93%) too turned ugly ended with massive losses.

STOCKS IN SPOTLIGHT:

1) NBCC (India) climbed 3.23% after securing multiple new work orders worth ₹116.95 crore across project management consultancy and construction services.

The order pipeline includes

₹29.49 crore contract from the National Institute for Empowerment of Persons with Multiple Disabilities (NIEPMD) for PMC services at the new CRC campus in Madurai, Tamil Nadu.

₹42.37 crore project from the National Horticulture Board for planning, designing, and executing the International Potato Centre (CIP) facility in Agra.

A ₹45.09 crore contract from Canara Bank for constructing its Regional/Circle Office building at Ranchi, Jharkhand.

2) Lemon Tree Hotels slipped 3.74% after announcing the signing of by Lemon Tree Hotels, Bhopal, targeting a mix of leisure and business travellers.
3) Varroc Engineering (-0.02%) consolidated after bagging a major order from an EV manufacturer to supply high-voltage electronics for its electric powertrain platform.

4) H.G. Infra Engineering gained 0.52% after being named the L1 bidder, jointly with Kalpataru Projects International, for a metro infrastructure project under the Maharashtra Metro Rail Corporation (MMRCL) in Thane.

5) Lupin declined 2.13% after the U.S. FDA completed its inspection of the company’s Goa manufacturing facility between 10–21 November 2025.

6) Natco Pharma fell 2.8% after receiving seven observations in a Form 483 issued by the USFDA following an inspection at its API manufacturing site in Manali, Chennai.

7) HAL shares plummet 3.35% after Tejas fighter jet crash at Dubai air show

BULLS OF THE DAY:

BEL (-3.23%)
JSWSTEEL (-2.37%)
MAXHEALTH (-2.37%)
GRASIM (-2.00%)
M&M (-1.67%)

BEARS OF THE DAY:

SBILIFE (+2.60%)
TECHM (+2.42%)
EICHERMOT (+1.62%)
BAJAJ AUTO (+1.38%)
WIPRO (+1.21%)

OUR VIEW FOR TUESDAY’S TRADE

Technically speaking, Nifty has closed below 26000 mark. Hence, confirmation of strength only above 26100.

Bottom-line: Next key support to watch is at 25740.

ALL ABOUT NIFTY:
Nifty (CMP: 25960)
Support: 25740/25601
Resistance: 26100/26300
Range: 25855-26056
21 DMA: 25850
50 DMA: 25472
200 DMA: 24527
Trend: Neutral

BULLISH LOOKING STOCKS:

BANKBARODA

INFY

TECHM

BULLISH LOOKING STOCKS (LONG TERM):

SYRMA TECHNOLOGIES

HBL ENGINEERING

GRSE

BEARISH LOOKING STOCKS:

HAL

DMART

TRENT

STOCKS TO AVOID:

INDHOTEL

MAZDOCK

SRF

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Stock Market Today (3:30 PM) — Friday, November 21st 2025

Nifty succumbs to weak global cues as concerns over overvaluation in the AI and tech sectors resurface.

NIFTY (-124, 26068)
Sensex (-401, 85232)
Bank Nifty (-480, 58868)

Nifty’s rally fizzles?

Profit booking blamed as Nifty will wait for another day reclaim its all-time-high at 26277.35 mark.

The 2-Biggest Headwinds:

1) Concerns over stretched AI valuations remain.

2) Rapidly fading expectations of a December U.S. Fed rate cut.

The Big Question: Can Nifty Recover After Today’s Stunning Selloff?

The positive takeaway as of writing is that the US stock futures are on the rise.

Nifty could also regroup on backdrop of optimism surrounding a potential US–India trade agreement.

Bottom-line: Nifty may rise, but volatility shall persist.

Bottom-line: Technically, the gyan mantra is to stay bullish as long as Nifty 25741 support is held.

Adv-Dec 20—30

INDIA VIX 13.63 (+12.27%)

NIFTY PCR (25th NOV) 1.00

USD/INR Futures (NOV) (+1.08%, 89.69)

SECTOR GAINERS:

NIFTY FMCG (+0.14%)

SECTORS LOSERS

NIFTY METALS (-2.34%)
NIFTY REALTY (-1.86%)
NIFTY PSUBANKS (-1.43%)

TODAY’S MARKET RE-CAP:

1) Nifty (-0.47%) slipped amidst profit booking as the benchmark snapped its 2-day winning streak.

Nifty is still above its 21 DMA (25846), 50 DMA (25452) and its 100 DMA (25192). Nifty’s 200 DMA at 24515 mark.

2) Bank Nifty (-0.61%) slipped hard from its overbought technical conditions as profit booking continued to be the preferred theme.

Bank Nifty’s all-time-high continue to be at 59440.10 mark.

3) The market breadth (21:29) was in favour of the Bears.

4) Nifty Mid-cap (-1.04%) and Nifty Small-cap (-1.21%) too turned ugly ended with massive losses.

STOCKS IN SPOTLIGHT:

1) Tata Consultancy Services (TCS) gained 0.17% after announcing a pact with TPG Terabyte Bidco to invest up to ₹18,000 crore in Hypervault, with plans to jointly develop AI data centers and supporting infrastructure.

2) HG Infra Engineering edged 0.80% higher after incorporating a wholly owned subsidiary — HG Clean Energy Solutions — aimed at entering the solar, green hydrogen, and battery storage segments.

3) Hyundai Motor India slipped 0.23% after the company invested an additional ₹21.5 crore in FPEL TN Wind Farm, raising its stake to 26.49%.

4) InterGlobe Aviation (Indigo) gained 0.86% after its board approved an investment of $820 million (₹729.4 crore) into its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC, to be executed in one or more tranches.

5) Hindalco Industries fell 2.81% after reporting a fire incident at its Novelis plant in Oswego, New York.

BULLS OF THE DAY:

MARUTI (+1.32%)
TATACONSUM (+0.90%)
MAXHEALTH (+0.87%)
INDIGO (+0.86%)
M&M (+0.82%)

BEARS OF THE DAY:

JSWSTEEL (-2.91%)
HINDALCO (-2.81%)
TATASTEEL (-2.59%)
BAJFINANCE (-2.29%)
HCLTECH (-2.22%)

OUR VIEW FOR MONDAY’S TRADE

Technically speaking, Nifty was able to defend psychological 26000 mark. Hence, hopes are high that new all-time highs are still round the corner.

Bottom-line: Buying on dips should continue to be the preferred strategy.

ALL ABOUT NIFTY:
Nifty (CMP: 26068)
Support: 25899/25701
Resistance: 26277/26500
Range: 25955-26278
21 DMA: 25847
50 DMA: 25452
200 DMA: 24515
Trend: Neutral

BULLISH LOOKING STOCKS:

BIOCON

FEDERALBNK

NYKAA

BULLISH LOOKING STOCKS (LONG TERM):

SYRMA TECHNOLOGIES

HBL ENGINEERING

GRSE

BEARISH LOOKING STOCKS:

BAJAJFINSV

COFORGE

LODHA

STOCKS TO AVOID:

BHARATFORGE

INDIGO

CONCOR

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Nifty rings massive gains, races towards its all-time-high. Bank Nifty scales fresh record highs.

RIL (+2.01%) leads from front. Nifty Mid-cap and Nifty Small-cap seen uninspired…

NIFTY (+140, 26192)
Sensex (+446, 85633)
Bank Nifty (+132, 59348)

Nifty powered higher, now just a breath away from its record high as optimism was buoyed by:

1) Strong Nvidia’s revenue which beat expectations along with stronger than forecast guidance.

2) Improving leads from Global stock markets.

3) Optimism surrounding a potential US–India trade agreement.

4) India’s retail inflation sliding to a record 0.25% in October, well below the RBI’s tolerance band — strengthening hopes for a December rate cut.

5) FIIs were net buyers in yesterday’s trade to the tune of Rs. 1581 Cr.

6) WTI crude oil futures tumbling towards $59.3 per barrel, after reports indicated the US is pushing to end the Russia-Ukraine war.

7) Investors celebrate and cheer NDA’s spectacular win in the Bihar elections – reaffirmation of political stability and policy continuity.

Our call of the day suggests Nifty’s bullish undertones shall persist — with traders keeping a sharp focus on Nifty’s all-time high of 26,277.35.

Bottom-line: Technically, the gyan mantra is to stay bullish as long as Nifty 26000 support is held.

Adv-Dec 32—17

INDIA VIX 12.13 (+1.34%)

NIFTY PCR (25th NOV) 1.51

USD/INR Futures (NOV) (+0.13%, 88.72)

SECTOR GAINERS:

NIFTY FINANCIAL SERVICES (+0.70%)
NIFTY OIL & GAS (+0.55%)
NIFTY AUTO (+0.44%)

SECTORS LOSERS

NIFTY MEDIA (-1.54%)
NIFTY PSUBANKS (-0.89%)
NIFTY CONSUMER DURABLES (-0.53%)

TODAY’S MARKET RE-CAP:

1) Nifty (+0.54%) zoomed higher as bulls took over the conga-line of a rising stock markets across globe. The positive takeaway is that Nifty scaled its 52-week high.

Nifty is still above its 21 DMA (25837), 50 DMA (25428) and its 100 DMA (25188). Nifty’s 200 DMA at 24501 mark.

2) Bank Nifty (+0.22%) did pretty well as bullish consolidation was the preferred theme all thru the trading session and most importantly, Bank Nifty scaled a new record all-time-high at 59440.10 mark.

3) The market breadth (34:15) was in favour of the Bulls.

4) Nifty Mid-cap (+0.01%) gained while Nifty Small-cap (-0.05%) too ended with sizeable gains.

STOCKS IN SPOTLIGHT:

1) MAN Industries (India) gained 4.29% after announcing the signing of an MoU with Aramco Asia India, a subsidiary of Saudi Aramco.

2) Texmaco Rail & Engineering slipped 0.19% despite securing a ₹6.39 crore order from Central Railway for modifying the OHE system as part of the island platform extension at Kalyan Station.

3) Gujarat Industries Power Company (GIPCL) advanced 1.89% after commissioning the fourth phase of its 600-MW solar power project at the 2,375-MW Renewable Energy Park in Khavda, Great Rann of Kutch.

4) NBCC gained amidst 2-new developments. First, the company was awarded a ₹2,966.1 crore work order by Nagpur Metropolitan Region Development Authority (NMRDA). Also, NBCC sold 609 residential units at Aspire Leisure Valley and Aspire Centurian Park at Noida (W), through an e-auction at a total sale value of approximately ₹1,069.43 crore.

BULLS OF THE DAY:

EICHERMOT (+3.31%)
BAJFINANCE (+2.3%)
BAJAJFINSV (+2.29%)
RELIANCE (+2.01%)
TECHM (+1.82%)

BEARS OF THE DAY:

ASIANPAINT (-1.16%)
HCLTECH (-1.09%)
TITAN (-0.84%)
HINDUNILVR (-0.54%)
ONGC (-0.52%)

OUR VIEW FOR FRIDAY’S TRADE

Technically speaking, cake is baked for a new high for Nifty

All eyes on today’s US Jobs Data releasing for September.

Bottom-line: Bulls are still in control

ALL ABOUT NIFTY:
Nifty (CMP: 26192)
Support: 26055/25899
Resistance: 26300/26500
Range: 26077-26278
21 DMA: 25837
50 DMA: 25428
200 DMA: 24501
Trend: Positive

BULLISH LOOKING STOCKS:

ASHOKLEY

JIOFIN

RELIANCE

BULLISH LOOKING STOCKS (LONG TERM):

SYRMA TECHNOLOGIES

HBL ENGINEERING

GRSE

BEARISH LOOKING STOCKS:

AUROPHARMA

BRITANNIA

HAL

STOCKS TO AVOID:

BHARATFORGE

INDIGO

CONCOR

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