Category Archives: Market Kya Lagta Hai

GIFT Nifty 🇮🇳: (-9, 26180)

Market Recap:

The 2-positive takeaways from yesterday’s rebounding session:
1) Nifty snapped its 4-day losing streak.
2) Nifty managed to end above psychological 26000 mark.

That said, Bank Nifty (-0.10%) inched lower after a volatile trade.

The 2-Big Questions:

What’s Next for Benchmark Nifty?

Our Call of the Day: A wrecking ball is still dangling — signaling that a major, potentially damaging move could be just around the corner.

The Key Catalysts Ahead:

1) The 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),

RBI MPC Meeting: Rate Cut or Pause?

All eyes turn towards RBI Governor Sanjay Malhotra, who chairs the MPC, and shall announce the outcome at 10 am.

Bulls will hope that the RBI cuts rates by 25 bp bringing down the policy repo rate to 5.25% as inflation is set to remain well below target for the foreseeable future

Please note, India’s GDP grew a strong 8.2% in the September quarter, while CPI inflation eased to a record low of 0.25% in October 2025. This marks the ninth straight month below the RBI’s 4% target and the third month below its 2% lower tolerance band — strengthening calls for the central bank to cut rates further.

Hopefully, a rate cut from the RBI works as the magical spark that could revive momentum and put the rally back on track.

What Technicals Tells Us On Nifty:

Technically, Nifty’s near-term trend stays vulnerable as long as it trades below its all-time high of 26,326, with sellers defending every bounce.

Bulls Kneel and Pray as Bears Dominate — but Nifty’s 25,703 Support Still Holds the Key.

The Biggest Headwinds:

1) Manufacturing PMI Slumps to a nine-month low at 56.6.
2) Rupee weakness deepens to hit a fresh lifetime low of ₹90.43 per USD.
3) Relentless FII Selling: YTD FII outflows have swollen to ₹1,42,434 crore.

Putin visiting India — Good for defence stocks?

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

In yesterday’s trade, 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.

Bottom-line: An up-and-down session is quite likely as overbought technical conditions + weakening momentum + FIIs selling + Weaking INR + no new triggers = bears back in action.

STOCKS IN SPOTLIGHT:

1) 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.

2) Interglobal Aviation (-2.39%, 5472) plunged after IndiGo cancelled over 100 flights on December 3, 2025, across major airports — Delhi, Mumbai, Hyderabad, Bengaluru — with scores of additional delays.

The root cause: a combination of factors — primarily a crew shortage triggered by new regulatory norms on flight-duty time (FDTL), which came into effect recently.

As per latest PTI report, IndiGo says operations will be restored by Feb 10, 2026.

(Source: thefederal.com, Business Standard, Moneycontrol, Economictimes, Capitalmarket)

Long Story Short: Nifty’s rally is at a crossroads with stronger headwinds for now — but a dovish RBI could still pull a rabbit out of the hat and propel the index back toward its all-time high of 26,325.80.

For the moment, the bears appear to have the marginal advantage.

Caution is the buzzword!

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26034): Sell at CMP. Stop 26521. Targets 25901/25703. Aggressive targets at 25300-25500 zone.

Bank Nifty (59289): Sell at CMP. Stop at 60701. Targets 58900/58300. Aggressive targets at 57157-57500 zone.

Our chart of the day is bearish on COAL INDIA, INDIGO, and CDSL on any early excessive intraday strength with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy UPL at CMP 756. Stop at 717. Targets 775/803. Aggressive targets at 829. (Interweek Strategy). Rationale: Signaling a massive breakout on the upside. Key interweek support 723. Major hurdles only at 775 mark. The recent sequence of higher high/low is intact on all-time-frame. 200-DMA at 676.50.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (-42, 26094)

Market Recap:

In yesterday’s trade, Nifty ended below the psychological 26000 mark and most importantly, the drubbing continued for the 4th straight day.

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

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

The 2-Big Questions:

Will Nifty’s bullish traders have to brace for another drop?
Will the FPI come back strongly?

What Technicals Tells Us On Nifty:

Technically, Nifty’s near-term trend stays vulnerable as long as it trades below its all-time high of 26,326, with sellers defending every bounce.

However, there’s a strong chance that bulls will regroup near the major support at 25,703 and attempt to flip momentum decisively, reopening the path toward fresh record highs.

Bulls Kneel and Pray as Bears Dominate — but Nifty’s 25,703 Support Still Holds the Key.

The Biggest Headwinds:

Our call of the day suggests Nifty bulls are unlikely to plot a meaningful reversal on backdrop of 3-negative catalysts:

1) Manufacturing PMI Slumps:
India’s PMI dropped to a nine-month low at 56.6, indicating cooling domestic momentum and softer export demand — further dampening sentiment.

2) Rupee Weakness Deepens:
The INR hit a fresh lifetime low of ₹90.30 per USD, pressured by persistent dollar demand from corporates, importers, and foreign portfolio investors.

3) Relentless FII Selling:
Year-to-date FII outflows have swollen to ₹1,40,490 crore, reinforcing the bearish undertone.

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) Mid-month attention shifts to global central banks, with the Fed meeting on December 10.

The 2-Big Positive Catalysts:

1) Dual Rate-Cut Hopes from both the U.S. Fed and the RBI .
2) U.S.–India Trade Deal Optimism

Bottom-line: An up-and-down session is quite likely as overbought technical conditions, FIIs selling + Weaking INR + no new triggers = bears back in action.

Long Story Short: Nifty’s rally is at a crossroads with stronger headwinds for now — but a dovish RBI could still pull a rabbit out of the hat and propel the index back toward its all-time high of 26,325.80.

For now, the bears appear to have the marginal advantage.

Our call of the day suggests Nifty bulls are unlikely to plot a meaningful reversal on backdrop of 3-negative catalysts:

STOCKS IN SPOTLIGHT:

1) 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.

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.

3) 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.

4) 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.

(Source: Business Standard, Moneycontrol, Economictimes, Capitalmarket)

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25986): Sell between 26050-26100 zone. Stop 26521. Targets 25901/25703. Aggressive targets at 25300-25500 zone.

Bank Nifty (59348): Sell between 59500-59700 zone. Stop at 60701. Targets 58900/58300. Aggressive targets at 57157-57500 zone.

Our chart of the day is bearish on COAL INDIA, MAZGAON DOCK, and TITAN on any early excessive intraday strength with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now:

Buy BIOCON
Entry Price: 411
Target: 467
Stop Loss: 393
Holding Period: 0-180 days
Rationale: Momentum Play
Risk /Reward : Rs. 18/Rs. 56 ; (4.38/13.63)

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (+1, 26208)

Market Recap:

Well, Tuesday marked weekly expiry for Nifty and the benchmark came under heavy profit booking, as participants chose to book gains after the recent run-up.

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

The 2-Big Questions:

Will Nifty’s bullish traders have to brace for another drop?
Will the FPI come back strongly?

The Road 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) Inflation checkpoints begin with US CPI (Dec 11) followed by India CPI and WPI (Dec 12 & 15).

4) Mid-month attention shifts to global central banks, with the Fed meeting on December 17 and the ECB decision on December 18.

The 2-Big Positive Catalysts:

1) Dual Rate-Cut Hopes both the U.S. Fed and the RBI as early as next month.
2) U.S.–India Trade Deal Optimism

Technically Speaking:

The trend remains bullish, but expect a cautious and choppy trading amidst overbought technical conditions. The make-or-break support at 25951 mark. Hurdles will be at 26326 mark.

For bullish traders, the Gyan Mantra is simple:
Nifty’s Bull-run Faces Reality Check as FIIs Sell and Rupee Sinks.

The Biggest Headwinds:

Foreign institutional investors remain on the selling side of the trade. Year-to-date (YTD), cumulative FII net selling now stands at a substantial ₹1,32,469 crore.

Other Key Dampeners:

1) Rupee at record low (₹89.9475/$): Outflows and trade uncertainty continue to weigh.

2) Banking stocks under pressure: SEBI’s index weight cap directive keeps the Nifty Private Bank Index subdued.

Bottom-line: An up-and-down session is quite likely as overbought technical conditions + no new triggers = bears back in action.

Caution is the buzzword.

STOCKS IN SPOTLIGHT:

1) Vodafone Idea climbs 2.42% 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.

2) 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.

3) SPARC hit upper circuit on favourable U.S. court ruling: Sun Pharma Advanced Research Company surged 20% to ₹161.02 after a U.S. District Court granted a favourable summary judgment related to its Sezaby Priority Review Voucher (PRV), boosting investor sentiment.

4) Reliance Industries slips on legal setback: Reliance Industries fell 1.14% 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)

5) Bajaj Housing Finance drops after block deal

Bajaj Housing Finance dropped 7.02% to ₹97.15 after a large block deal in early trade. The shares were reportedly exchanged at around ₹95, a 9.08% discount to the previous close.

The transaction is linked to the promoter, Bajaj Finance, likely selling about 2% stake to meet minimum public shareholding norms. Bajaj Finance, which currently owns 88.70%, plans to sell up to 16.66 crore shares between 2 December 2025 and 28 February 2026.

(Source: Business Standard, Moneycontrol, Economictimes, Capitalmarket)

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26032): Sell between 26200-26250 zone. Stop 26601. Targets 25951/25703. Aggressive targets at 25300-25500 zone.

Bank Nifty (59274): Sell between 59600-59750 zone. Stop at 60701. Targets 58900/58300. Aggressive targets at 57157-57500 zone.

Our chart of the day is bullish on CUMMINS INDIA, TVS MOTORS and POLICY BAZAR on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy Belrise Industries at CMP 168, targeting 183/197 (CMP 165) and then aggressive targets at psychological 225 mark. Stop at 135. Holding Period: 9-12 Months. Rationale: The stock remains in a strong bullish trend structure on the daily and weekly charts. Price action continues to make higher highs and higher lows, confirming trend continuation rather than exhaustion.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (-24, 26336)

Market Recap:

In yesterday’s trade, Sensex, Nifty and Bank Nifty ended lower after touching fresh record highs, as gains evaporated amidst profit booking.

New Record Highs (as on Monday, December 1st 2025):

Nifty: 26,325.80
Sensex: 86,159.02
Bank Nifty: 60114.30

The 2-Big Question:

Can the bulls keep the party going amidst persistent FIIs selling?
Will the FPI come back strongly?

The Road Ahead:

1) Positioning shall begin ahead of the RBI’s final policy meeting of 2025 (Dec 3–5), where markets broadly expect a 25-bps rate cut, supported by repeated downside surprises in headline CPI inflation.

2) On the global front, expectations for a December US Fed rate cut have strengthened again. Futures positioning indicates traders now see a high probability of easing when the Fed meets on December 9–10—adding fuel to the risk-on sentiment.

The 2-Big Positive Catalysts:

1) Dual Rate-Cut Hopes both the U.S. Fed and the RBI as early as next month.

2) U.S.–India Trade Deal Optimism

Technically Speaking:

The trend remains bullish, but expect a cautious and choppy trading amidst overbought technical conditions. The make-or-break support at 25951 mark.

For bullish traders, the Gyan Mantra is simple:
1) Buy selectively on dips
2) Avoid chasing strength blindly
3) Manage leverage with caution — not emotion

The Biggest Headwinds:

Foreign institutional investors remain on the selling side of the trade, adding pressure to market sentiment despite strong domestic fundamentals.

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

Bottom-line:

An uninspiring session for Nifty bulls is quite likely. Blame the hesitation on:
1) Weak global cues:
2) Persistent FII selling.
3) Rupee hits a fresh record low: Despite the blockbuster Q2 GDP print, the Indian rupee weakened further—sliding to ₹89.76 per USD.

Long Story Short:

Domestic flows and sentiment are powering the rally, global risk appetite and FII stance will likely determine whether the party extends — or fades into consolidation.

STOCKS IN SPOTLIGHT:

Auto Stocks Continue to accelerate on GST Boost & Strong Sales Prints

1) Hyundai Motor India (+2.58%) advanced after reporting a 9.1% YoY rise in total sales to 66,840 units in November 2025. The company highlighted strong order traction, with the newly launched Hyundai Venue crossing 32,000 bookings within a month, reinforcing its SUV leadership.

2) V.S.T Tillers Tractors (+2.65%) surged after reporting a 129% YoY jump in combined Power Tiller and Tractor sales to 5,166 units, compared with 2,251 units in November last year.

3) TVS Motor (+3.75%) ends near record high on robust November auto sales performance

The rally was driven by the company’s solid operational update, where total sales surged 30% year-on-year to 519,508 units in November 2025.

The strong sales momentum highlights continued demand traction across premium motorcycles, scooters, and EV offerings — reinforcing expectations that the auto space may continue to lead market sentiment as December begins.

Bajaj Housing Finance Block Deal Alert:

The promoter of Bajaj Housing Finance is set to offload up to 2% stake via the secondary market between Dec 2, 2025, and Feb 28, 2026.

(Source: ndtvprofit)

Shares of Wockhardt (+20%) was locked in upper circuit, fueled by strong buying interest after the company announced that the USFDA has officially accepted its New Drug Application (NDA) for Zaynich, a first-in-class antibiotic.

The approval marks a major milestone for Wockhardt and signals potential future revenue opportunity from the US market — one of the most lucrative geographies for specialty pharma.
(Source: Moneycontrol, Business standard)

Our chart of the day is bullish on CUMMINS INDIA, TVS MOTORS and POLICY BAZAR on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy CUMMINS INDIA (CMP 4544): Buy between 4450-4475. Stop at 4389. Targets 4577/4621. Aggressive targets at 4689. (Interweek Strategy). Rationale: Momentum Play. Signaling a massive breakout on the upside. Key interweek support 4279. Major hurdles only at 4577 mark. The sequence of higher high/low is intact on all-time-frames. 200-DMA at 3484.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26176): Sell at CMP. Stop 26601. Targets 26051/25703. Aggressive targets at 25300-25500 zone.

Bank Nifty (59753): Sell at CMP. Stop at 60701. Targets 59200/58300. Aggressive targets at 57551-57701 zone.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (+133, 26521)

New record highs for benchmark Nifty shall be the new normal on reports that India’s Q2 FY26 GDP surged 8.2%, powered by strong consumption and sectoral momentum.

The big question: Will the FPI come back strongly?

In Friday’s trade, FIIs turned out to be net sellers to the tune of Rupees 3796 Crores

All eyes now shift to whether foreign investors flip from persistent selling to sustained buying—fuelled by expectations of further rate cuts, earnings upgrades, and India’s rising weight in global indices.

Meanwhile, a key geopolitical highlight: Russian President Vladimir Putin will visit India on December 4–5 for the 23rd Annual Summit—aimed at strengthening the “Special & Privileged Strategic Partnership.”

Technically speaking, Nifty is still above its 21 DMA (25886), 50 DMA (25554) and its 100 DMA (25223). Nifty’s 200 DMA at 24578 mark.

Auto names remain in focus after the Nifty Auto Index hit fresh record highs last week.

Investors now await November wholesale numbers, where the Street expects double-digit growth across segments—from two-wheelers to passenger vehicles—boosted by improving demand and post-GST pricing reset.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26203): Buy at CMP. Stop 25771. Targets 26310/26421. Aggressive targets at 26700-27000 zone.

Bank Nifty (59753): Buy at CMP. Stop at 58371. Targets 59900/60300. Aggressive targets at 60700-61000 zone.

Our chart of the day is bullish on CUMMINS INDIA, HDFC BANK and GLENMARK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (M&M: CMP 3757): Buy at CMP. Stop at 3611. Targets 3787/3813. Aggressive targets at 3977. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 3641. Major hurdles only at 3787 mark. Momentum buying is likely only above 3787 mark. 200-DMA at 3179.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (+15, 26421)

Market Recap:

It was a banner day for Nifty, Sensex and Bank Nifty in yesterday’s trade.

Record Highs (as on Thursday, November 27th 2025):
Nifty: 26,310.45
Sensex: 86,026.18
Bank Nifty: 59,866.60

Well, 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.

Meanwhile, Wall Street was closed on Thursday for Thanksgiving but will reopen Friday for a shortened session, closing early at 1:00 PM ET.

The 2-Big Question:

Will the FPI come back strongly?
Is India’s 2026 supercycle about to begin?

The Road Ahead:

For the day, bullish consolidation is quite likely as all eyes will be on India’s Friday’s GDP Growth Estimates for quarter ended September 30th, 2025

The 2-Big Positive Catalysts:

1) Dual Rate-Cut Hopes both the U.S. Fed and the RBI as early as next month.

2) U.S.–India Trade Deal Optimism

Technically Speaking:

With Nifty holding above 26,000 and scaling new record all-time-high, the rally now looks broad-based across banking, realty, metals, and energy — signalling improving risk appetite.

For bullish traders, the Gyan Mantra is simple: Make hay while the sun shines with biggest support on Nifty seen at 25900 mark.

The good news is that Nifty is above its 21 DMA (25879), 50 DMA (25534) and its 100 DMA (25216). Nifty’s 200 DMA at 24566 mark.

The Biggest Headwinds:

1) If there is a disappointment on US–India Trade Deal…
2) In yesterday’s trade, FIIs turned out to be net sellers to the tune of Rupees 1255 Crores.

We will spy with one big eye if foreign inflows begin reversing from net selling to consistent buying — especially on hope of further-rate cuts and expectations of corporate earnings upgrade, and India’s rising global weightage.

Bottom-line:

Nifty breaking into fresh record highs officially marks the end of a 14-month consolidation phase — and sets the stage for what could be the next leg of the rally.

But for today, the gyan mantra says to be disciplined:

 Buy selectively on dips
 Avoid chasing strength blindly
 Manage leverage with caution — not emotion

Long Story Short:

Momentum is bullish, but smart positioning wins bull markets — not excitement.

STOCKS IN SPOTLIGHT:

🚗 Auto Stocks Fire Up — Nifty Auto Index too hits record high in yesterday’s trade driven by expectations of strong November wholesale figures.

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

Top Movers in Autos:
Escorts (+4.49%, ₹3852) and Ashok Leyland (+6.67%, ₹158.88) surged fueled by optimism in the commercial vehicle (CV) segment.

Ashok Leyland Hits Fresh 52-Week High after announcing a strategic merger between its material subsidiary Hinduja Leyland Finance (HLFL) and NDL Ventures

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.

Stocks scaling fresh 52-week high:

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

Whirlpool of India plunged 11.54% after a major block deal, reportedly from promoter Whirlpool Mauritius offloading ~7.5% stake at ₹1,030/share—a steep 14% discount to the previous close.

GMDC rose 4.83% after the Cabinet cleared a ₹7,280-crore incentive scheme to develop rare earth permanent magnet manufacturing, targeting 6,000 MTPA domestic capacity.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26216): Buy at CMP. Stop 25771. Targets 26310/26421. Aggressive targets at 26700-27000 zone.

Bank Nifty (59737): Buy at CMP. Stop at 58171. Targets 59900/60300. Aggressive targets at 60700-61000 zone.

Our chart of the day is bullish on CUMMINS INDIA, HDF BANK and GLENMARK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (M&M: CMP 3707): Buy at CMP. Stop at 3611. Targets 3771/3823. Aggressive targets at 3901. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 3641. Major hurdles only at 3771 mark. Momentum buying is likely only above 3771 mark. 200-DMA at 3183.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (+25, 26415)

Market Recap:

Nifty (+1.24%) jumped out of the gate in yesterday’s trade.

Nifty Bank index (+1.20%) scaled fresh record high @59554.95, and most importantly, races towards psychological 60,000 mark

Nifty Metal index (+2%) shined after fresh positive commentary from India’s Steel Secretary who has said a government decision on reinstating the safeguard duty is expected soon

45 of the 50 Nifty stocks ended in the green in yesterday’s trade reflecting strong market breadth.

The Big Question:

1) Will Nifty continue to run up to the hill and leave the recent consolidation behind?

2) Is this the start of a sustained breakout — or just another bounce?

The Road Ahead:

Our call of the day says all bullish eyes remain firmly set on Nifty’s all-time high of 26,277.35 — and the way momentum is building, that level is now well within striking distance.

We reiterate, that Nifty will continue to maintain a constructively bullish stance. In fact, the recent upside momentum may not just be a bounce — it could be the beginning of a new positive trend on Dalal Street.

The 2-Big Positive Catalysts:

1) RBI’s MPC meets Dec 3–5, and expectations are rising for a possible 25 bps rate cut.

2) Global mood remains upbeat as odds of a US Fed rate cut in December climb after dovish comments from NY Fed President John Williams.

Technically Speaking:

With Nifty holding and closing above 26,000, the rally now looks broad-based across banking, realty, metals, and energy — signalling improving risk appetite.

For bullish traders, the Gyan Mantra is simple: Make hay while the sun shines with biggest support on Nifty seen at 25900 mark.

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

The Biggest Headwind:

Only if there is a disappointment on US–India Trade Deal

Upcoming economic data:

India’s GDP growth data for the quarter ending 30 September 2025 is due on Friday, November 28th

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.

2) L&T climbed 2%, scaling 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.

3) Bharti Airtel (-1.61%) was the big laggard following a block deal, with reports indicating Indian Continent Investment may sell a ₹7,100-crore stake.

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
(Source: NSE INDIA)

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26205): Buy at CMP. Stop 25771. Targets 26277/26421. Aggressive targets at 26700-27000 zone.

Bank Nifty (59528): Buy at CMP. Stop at 58171. Targets 59900/60300. Aggressive targets at 60700-61000 zone.

Our chart of the day is bullish on MFSL, CUMMINS INDIA and GLENMARK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy Max Financial Services (MFSL: CMP 1736): Buy at CMP. Stop at 1641. Targets 1769/1809. Aggressive targets at 1883. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 1655. Major hurdles only at 1755 mark. Momentum buying is likely only above 1755 mark. 200-DMA at 1430.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (+107, 26151)

Before we start, first things first;

The 2-Good News:

1) Oil falls to $57.2/barrel after reports of a revised Ukraine-Russia peace deal.
2 The biggest positive takeaway from yesterday’s trading was that FIIs turned net buyers to the tune of ₹785.30 crores.

Hopefully, Nifty joins the conga-line of rising global stock markets and shrugs-off the last 3-days of drubbing.

Please note, sometimes, excessive pessimism itself fuels a bullish comeback.

The 6-Big Positive Catalysts:

1) Wall Street continues to march higher from strength to strength.

2) Renewed hope for another rate cut in December by the Federal Reserve. U.S. Treasury Secretary Scott Bessent has confirmed that the recent 43-day federal shutdown inflicted an estimated $11 billion economic loss. Despite the setback, he believes the U.S. economy remains resilient and is unlikely to enter a recession. (source: reuters)

3) Refreshed faith in the AI trade.

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

5) 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.

6) Crude Oil Prices in a Freefall: Oil fell to $57.2/barrel, a five-week low, after reports of a revised Ukraine-Russia peace deal. Zelenskiy said talks with the US continue, while Russia’s stance remains unclear.

Technically Speaking:

Nifty’s upside breakout on the medium term charts remain on the table — however, a meaningful confirmation now requires a close above the 26,100 level.

For bullish traders, the Gyan Mantra is simple: Stay Cautious. The most critical support zone to monitor is placed at 25,671.

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

Upcoming economic data:

India’s GDP growth data for the quarter ending 30 September 2025 is due on Friday, November 28th

STOCKS IN SPOTLIGHT:

1) SBI hits a 52-week high of ₹988.95 on news that the GOI may raise FDI limit from 20% to 49%. (Businessline)

2) Shriram Finance touches a 52-week high of ₹841.85 following its recent solid Q2FY26: disbursements up 10.2% Y-o-Y to ₹49,019 crore; AUM up 15.7% Y-o-Y to ₹2.8 trillion. (Businessstandard)

3) Trent slides toward a 52-week low of ₹4,235.80 after Q2 FY25 earnings showed moderating revenue growth, prompting a cautious outlook.

4) Bharti Airtel: Price action indicates a potential major breakout from a possible ‘Flag Pattern’ setup on the daily chart.

5) HDFC AMC 1:1 Bonus Issue — Record Date: November 26, 2025. (source: bseindia)

6) PFC Interim Dividend — ₹3.65 per share; Record Date: November 26, 2025. (source: bseindia)

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25885): Buy between 25750-25800 zone. Stop 25421. Targets 26000/26147. Aggressive targets at 26277-26500 zone.

Bank Nifty (58820): Buy between 58500-58700 zone. Stop at 56971. Targets 59300/59550. Aggressive targets at 59900-60100 zone.

Our chart of the day is bullish on MFSL, BHARTI AIRTEL and SBI on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy Max Financial Services (MFSL: CMP 1698): Buy at CMP. Stop at 1623. Targets 1731/1811. Aggressive targets at 1883. (Interweek Strategy). Rationale: Momentum Play. Signaling a massive breakout on the upside. Key interweek support 1641. Major hurdles only at 1731 mark. Momentum buying is likely only above 1731 mark. 200-DMA at 1883.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (+27, 25992)

Market Recap:

Nifty succumbed to selling pressure in Monday’s trade, ending below the psychological 26000 mark.

The 2-Big Questions:

1) Has the recent rally run out of steam?
2) Can the Nifty recover after the last 2-days of sharp sell-off?

The Road Ahead:

This Tuesday morning, Gift Nifty is indicating a cautious optimistic start and that brings us to our call of the day which suggests any intraday strength, the rebound could be bit ephemeral…could be bit short lived.

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

The 2-Biggest Headwinds:

1) FIIs net sellers in November 2025 to the tune of ₹18,013 crores.

2) Investors await clearer signals on the India-US trade deal.

The Biggest Positive Catalysts:

Wall Street started Monday’s trade on firm positive footing.

Bullish traders are ramping up expectations of a Fed rate cut next month after dovish remarks from the New York Fed President John Williams.

Currently, the odds of a 25 bps reduction in the federal funds rate are estimated at around 65%.

Upcoming economic data:

India’s GDP growth data for the quarter ending 30 September 2025 is due on Friday, November 28th

Technically Speaking:

Technically speaking, Nifty’s upside breakout remains on the table — however, a meaningful confirmation now requires a close above the 26,109 level.

The most critical support zone to monitor is placed at 25,671, and a break below could shift sentiment firmly in favour of the bears.

Long Story Short: For bullish traders, the Gyan Mantra is simple: Stay Cautious

Volatility is likely to remain elevated in the near term.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25960): Sell between 26050-26100 zone. Stop 26421. Targets 25871/25650. Aggressive targets at 25337-25350 zone.

Bank Nifty (58835): Buy between 58100-58300 zone. Stop at 56971. Targets 59300/59550. Aggressive targets at 59900-60100 zone.

Our chart of the day is bearish on BAJAJ FINSERV, BAJAJ FINANCE and COAL INDIA on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Sell Right Now: Sell COAL INDIA (CMP 373): Sell at CMP. Stop at 395. Targets 361/349. Aggressive targets at 321. (Interweek Strategy). Rationale: Major underperfomer. Signalling a massive breakdown on the daily charts from a complex Double Top pattern. Key interweek support 349. Major hurdles only at 393 mark. Weakening Momentum. 200-DMA at 386.

Disclaimer/ Disclosure: The investments & trading ideas recomended 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 by after consulting with registered market intermediaries.