Stock Market Today: Airtel Gains 1.6%, Indigo Drops 2%, Nifty at 25,951 as Market Trades Flat

Overview:

• Nifty and Sensex settled with marginal losses amidst the broad selling, especially in the small-cap segment.

• IT and metal stocks pulled the indices down, while resistance came from banking and telecom stocks.

• New listings such as PhysicsWallah and Groww sparked excitement, recording strong premiums and sustained investor interest.

Indian stock market today showed mixed trends as both the benchmark indices settled with losses of less than 0.25 % each. Nifty 50 settled at 25,951.40 down by 62.05 points or 0.24 %, while Sensex dipped 154.98 points or 0.18 % to 84,795.97. Investors appeared cautiously optimistic.

Banking stocks showed resilience, as Nifty Bank added 0.06 % to 58,997.15. However, the IT sector struggled, Nifty IT index slid 0.77 % to 36,096.15. Small-cap stocks were badly hurt as BSE Smallcap index decreased 0.68 % to 53,077.83. Let’s explore an in-depth analysis of the stock market today in detail based on Moneycontrol Live Updates. 

Top Gainers and Losers on Nifty 50

Bharti Airtel stock was the top gainer among Nifty 50 stocks, up 1.61% at Rs. 2,146.30. Axis Bank shares gained 1.38% to 1,266.80, followed by Bharat Electronics, which rose 0.64 % to trade at Rs. 427.25. Max Healthcare and Maruti Suzuki were other gainers.

On the other hand, InterGlobe Aviation stock was the top loser, shedding 2.04 % to Rs 5,753. Hindalco was down 1.59 % at Rs 794.30, followed by Tech Mahindra which declined 1.47 % to Rs 1,431.40. JSW Steel and Tata Consumer Products also settled lower.

Metal Stocks Under Pressure

Metal stocks were down as much as 3%, with a stronger US dollar weighing and hopes of a December rate cut by the US Federal Reserve fading. Hindustan Zinc and Hindustan Copper led the losses in the sector. The stronger greenback makes commodities priced in the currency more expensive for holders of other currencies, thereby reducing demand.

Also Read: Stock Market Today: Sensex Gains 143 Points, Nifty at 25,938 as Banking Stocks Lift Markets

Corporate Developments

Here are the top headlines impacting the stock market today:

JSW Energy informed that Pritesh Vinay, Director Finance, will step down w.e.f. January 1, 2026, to pursue opportunities outside JSW Group. The stock shed 1.20 % to Rs 521.30 on the news. TVS Motor Company rose 0.25 % after it launched the TVS Apache RTR 180 motorcycle in Kenya through its African distribution partner.

Newgen Software Technologies announced a £1.47 million master service agreement with a UK customer. The deal is for software licenses, AWS cloud services, and implementation services.

PhysicsWallah is listed at Rs. 145 on the NSE, a 33 % premium over the IPO issue price of Rs. 109. The market capitalization of the edutech company stood at Rs. 40,922.20 crore post-listing. The listing reflected strong investor confidence in the company's affordable test preparation offerings and expanding hybrid learning model.

Groww shares extended their post-listing rally for a fifth session in a row, surging 6 %. The stock is up 65% since listing. Besides, the stock has surged 85 % over its issue price of Rs. 100.

In the SME segment, Workmates Core2Cloud Solution made a bumper debut on BSE SME, listing at Rs. 387.60. This is a premium of 90 % over its issue price of Rs. 204. However, Emmvee Photovoltaic Power listed flat at Rs. 217, matching its IPO price.

FII and DII Activity

On November 17, FIIs emerged as net buyers, pouring Rs. 442.17 crore in the cash segment, while Domestic Institutional Investors invested Rs. 1,465.86 crore. This was in contrast to November 14, when FIIs pulled out Rs. 4,968.22 crore.

Currency and Commodity Markets

The Indian rupee opened marginally lower at 88.67 per dollar against the previous close of 88.63. The yen declined to its lowest level in over nine months against the US dollar, as traders pared back expectations of a US Federal Reserve rate cut next month. Gold prices fell for the fourth day in a row, burdened by a strong dollar and reduced expectations of a US rate cut. Spot gold dropped 0.1% to $4,039.19 per ounce.

Also Read: Shockwaves in Byju’s Case: $533M Allegedly Sent Back to Founder Amid UpGrad and Manipal Bids

Investor Outlook

The stock market today sent mixed signals, with selected buying in banking and telecom stocks offset by weakness in IT, metals, and small-caps. Investors turned cautious ahead of key US jobs data and global central bank decisions. Market participants should look at FII flows and corporate earnings for near-term direction.

FAQs

1. What caused the fall in the Indian stock market today?

Indian stock market today experienced declines due to broad-based selling in sectors such as IT, metals and small caps. Weak global cues, a stronger dollar and reduced expectations of a December monetary policy pivot by the US Federal Reserve added to the bearish sentiment. Investors remained cautious ahead of key US economic data and announcements by various central banks worldwide.

2. Which sectors performed the worst in stock market today?

The worst-performing sectors were IT and metals. IT stocks were sharply lower as investors worried about global spending and a weak sentiment from overseas. Metal stocks were lower because the stronger dollar made commodities more expensive and at risk of demand. Small caps also sold heavily, as they commonly do during risk-off sentiment.

3. Why did the banks remain more stable than other sectors?

The banks were stable because domestic credit growth remains strong, and sentiment around the banks is generally stable. Unlike global sensitive sectors like IT and metals, banks benefited from continued institutional buying, which tends to cushion them relatively in heavy market declines.

4. What caused the strong debut of PhysicsWallah and a surge in Groww shares? 

PhysicsWallah generated interest from investors primarily due to its strong brand, affordable learning model, and potential for growth in the edtech sector. Groww surged strongly on the back of strong retail interest, post-listing demand, and confidence in its fintech-driven business model. Both companies took part in the market sentiment that developed from investor interest in digital platforms.

5. What should investors pay attention to in the next few days?

Investors will need to closely monitor US economic data, commentary from Federal Reserve officials, and global market trends that are influencing volatility. Trends in FII and DII activity will also be closely monitored. The short-term trajectory of the market may be driven by corporate earnings and currency moves, as well as other sector-specific news.