Nifty nudges lower in early action, bears aim to snap 6-day winning streak. Bank Nifty also a tad below the dotted lines.
Blame the weak action at Dalal Street to weak leads from global stock markets ahead of NVIDIA’ earnings.
Nifty (-104, 25910)
Sensex (-297, 84654)
Bank Nifty (-46, 58912)
Nifty (CMP: 25910)
SUPPORT: 25821/25741
RESISTANCE: 26277/26577
TRADING RANGE (25850-26100)
BIAS: Neutral
SECTOR GAINER:
NIL
SECTOR LOSER:
NIFTY METAL (-1.42%)
NIFTY REALITY (-1.28%)
NIFTY IT (-0.91%)
STOCKS IN SPOTLIGHT:
1) WPIL surged 6.45% after announcing that its South African subsidiary won a ₹426 crore contract for electromechanical and instrumentation works under the MCWAP2 project of the Trans Caledon Tunnel Authority. The project is expected to be commissioned in 48 months.
2) Emcure Pharma slipped 4% after Bain Capital announced plans to offload shares worth ₹492.7 crore via block deals. The sale includes 38 lakh shares (2% equity) at ₹1,296.51 per share — a ~7% discount to Monday’s close.
3) AstraZeneca Pharma gained 1.5% after partnering with Sun Pharma to co-market Sodium Zirconium Cyclosilicate (SZC) in India for hyperkalemia treatment. AstraZeneca will brand it as Lokelma, while Sun will sell it as Gimliand.
KEY THEMES FOR THE DAY:
The trading theme revolves around:
1) Nvidia’s earnings due Wednesday – So, all eyes will be on Nvidia as its earnings will be scrutinized amid anxiety over stretched AI valuations.
2) Volatility amidst Weekly F&O expiry.
The Next Big Catalyst: This week, all eyes will be on the FOMC Minutes from the latest meeting to trickle in this Thursday, November 20th.
The Biggest Headwinds:
This November month, FIIs have already sold to the tune of Rs. 13210.50 Cr.
Top Index Gainers:
MAXHEALTH (+0.63%)
BEL (+0.61%)
AXIS BANK (+0.54%)
BHARTI AIRTEL (+0.41%)
ASIAN PAINTS (+0.28%)
Top Index Losers:
HINDALCO (-2.06%)
TATA STEEL (-1.33%)
JSW STEEL (-1.26%)
INDIGO (-1.2%)
JIO FINANCIAL (-1.15%)
10.10 AM GLOBAL UPDATE:
Dow Futures: (-154, 46431)
Nasdaq 100 Futures (-193, 24606)
Nikkei (-1455, 48876)
Hang Seng (-387, 25997)
Dollar Index (-0.03%, 99.45)
WTI OIL (-0.61%, 59.50)
Gold (-31, 4014)
Securities in Ban for Trade Date: Tuesday, November 18th 2025*
SAIL
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.