Stock market today: Sensex Soars 783 Points, Nifty at 26,131; JSW Steel Tops Gainers at 3.39%

Stock market today Shows an Uptrend with Sensex Jumping to 85,370.84 and Nifty Up 246.20 Points: Which Sectors and Stocks Will Sustain This Momentum?
Stock market today: Sensex Soars 783 Points, Nifty at 26,131; JSW Steel Tops Gainers at 3.39%
Written By:
Aayushi Jain
Reviewed By:
Sankha Ghosh
Published on

Overview

  • Sensex jumped 783.83 points to 85,370.84 and the Nifty climbed 246.20 to 26,131.00, driven by strong breadth (2,179 advancers vs 543 decliners).

  • Nifty Bank and Nifty IT were on an uptrend, metals and select pharma stocks also outperformed.

  • FIIs turned buyers (Rs. 785.32 crore inflow) and DIIs stayed active. Investors should monitor global cues, crude and upcoming corporate earnings for sustainability.

Stock market today showed bullish trends with both benchmark indices posting healthy gains at press time. Sensex climbed 783.83 points to 85,370.84, marking a 0.93 % rise. Meanwhile, Nifty 50 gained 246.20 points to settle at 26,131.00, up 0.95 %. Indian stock market displayed broad-based strength amid banking, IT, and metal stocks’ rally. Here’s how individual stocks performed today based on Moneycontrol Live Updates.

Banking Stocks Lead the Charge

Nifty Bank index emerged as one of the top performers, jumping 635.05 points to 59,455.35, representing a 1.08 % gain. HDFC Bank shares were among the most active stocks in the F&O segment, trading at Rs. 1,000.80 with a 1.11 % rise and attracting trading volumes worth Rs. 703.81 crore.

Bank of Maharashtra received a boost after the Central Government appointed Prabat Kiran as Executive Director for three years, effective November 24. The stock responded positively, rising 1.71 % to Rs. 60.61, though it remained slightly below its 52-week high of Rs. 61.55 reached just a week earlier.

Technology Sector Shines Bright

Nifty IT index posted gains of 373.85 points, climbing 1.02 % to 37,200.75. Tata Consultancy Services strengthened its position in the share market news by announcing an extended partnership with ALDI SOUTH, a leading international retailer. The deal is for managing infrastructure and application services while improving IT operations efficiency.

Telecom and Energy Stocks Show Mixed Performance

Bharti Airtel dominated the F&O segment with trading volumes worth Rs. 8,236.34 crore, though the stock declined 1.58 % to Rs. 2,127.50. Reliance Industries gained 1.45 % to Rs. 1,562.00, with trading activity worth Rs. 599.40 crore.

Oil marketing companies saw a rebound in the stock market today. Indian Oil, HPCL, and BPCL stocks rose between 1-2 % as Brent crude remained below $63 per barrel. The recovery tracked continued softness in crude oil prices, with Brent crude settling 1.4 % lower on November 25.

Chennai Petroleum emerged as the biggest loser on Nifty 500, plunging 5.34 % to Rs. 964.40. The stock hit an intraday high of Rs. 1,018.45 before closing lower.

Also Read: Stock Market Today: Sensex Trades at 84,836, Nifty at 25,951; Infosys Stock Drags Market

Metal Stocks Rally Strong

JSW Steel stock topped the gainers' list on Nifty 50, surging 3.39 % to Rs. 1,149.70. Lloyds Metals and Energy snapped a four-day losing streak, jumping 4.59 % to Rs. 1,243.80 after touching an intraday low of Rs. 1,185.00. The stock showed strong recovery momentum with a market capitalization of Rs. 65,735.11 crore.

Pharmaceutical and Specialty Stocks in Focus

Natco Pharma registered its biggest gain in 21 weeks, rising 5.34 % to Rs. 878.45. The stock traded with volumes of 70,112 shares, though this was 41.75 % lower than its five-day average. Despite the rally, the stock remained 41.59 % below its 52-week high of Rs. 1,504.00.

Best Agrolife witnessed spectacular gains on its second consecutive day of rise, soaring 18.90 % to Rs. 358.00. Trading volumes surged 556.40 % compared to the five-day average, showing strong investor interest.

Emcure Pharmaceuticals faced selling pressure, dropping 3.06 % to Rs. 1,378.00, while Eris Lifesciences declined 2.37 % to Rs. 1,613.

Corporate Developments

Several corporate announcements influenced trading activity. Brightcom Group's subsidiary Online Media Solutions entered a strategic collaboration with HUMAN Security Inc., a global leader in digital fraud prevention. Vertoz announced plans to acquire Webimax LLC, USA, through its wholly-owned subsidiary.

C.E. Info Systems (MapmyIndia) partnered with Zoho CRM to integrate address capture features, while Indraprastha Gas entered a joint venture agreement with CEID Consultants for setting up compressed biogas plants.

Indian rupee started the trading day at approximately 89.25 per dollar, which is essentially unchanged from its previous day’s close of 89.22; thus, the currency appears to have a degree of relative stability.

Gold prices increased to almost a two-week high following the release of some US economic data that supported market participants’ expectations for additional cuts to the Federal Reserve's official Fed Funds Rate later this year in December. Spot gold prices climbed $.32, or 0.8%, to $4,161.10 an ounce.

Market Breadth and FII Activity

Market breadth remained positive with 2,179 stocks advancing against 543 declining stocks on the NSE. Foreign Institutional Investors (FIIs) turned net buyers with Rs. 785.32 crore inflows on November 25, reversing from the previous day's outflow of Rs. 4,171.75 crore. Domestic Institutional Investors (DIIs) continued their buying spree, pumping in Rs. 3,912.47 crore.

Also Read: Best Growth Stocks to Buy in 2026: Top 3 Picks

Market Outlook

Indian stock market today showed resilience with widespread participation from various sectors, positive foreign institutional investment inflow patterns returning and a general increase in demand from domestic institutional investors. Given the above circumstances, along with an ongoing decline in crude oil prices and expectations of US interest rate reductions, overall stock market sentiment is positive. Therefore, investors should also keep a careful watch on international economic indicators and the future earnings of publicly traded companies.

FAQs

1. Why did we see such a rally in the stock market today?

The strongest contribution to the market rally came from strong participation from multiple sectors, specifically financial services (banks), information technology (IT) and metals, as well as recent positive news for many companies and the increase in foreign institutional investment interest after being very bullish on Indian markets yesterday. Additionally, the domestic institutions’ (DIIs) participation helped maintain steady upward pressure on the indices and the stock prices of large- and mid-cap companies.

2. Which sectors performed the best, and what drove their performance?

The sectors which outperformed significantly were the banking sector and the IT sector, while the banking sector’s performance has been helped by strong inflows of money into the banking sector and sector-specific catalysts, while the stock prices of the IT sector have been helped by positive earnings news and the announcement of new contracts. The stock prices of the metals sector have increased due to improved demand forecasts and a broader rebound in commodity demand, contributing to the market's overall bullish view.

3. How big a contribution have FII flows and DIIs made to today’s market strength?

FII flows increased from the previous day, with inflows of Rs. 785.32 crore, reversing the net outflows from the previous day, while DIIs added Rs. 3,912.47 crore. The combination of continued foreign interest and the strength of domestic support has helped the market cushion itself through the session and keep the rally going.

4. In the coming days, what stocks/events should be on investor's watch list?

Investors should track the latest earnings reports, F&O activity in large companies (HDFC Bank and Reliance), crude oil price movements, rupee volatility, and the ability to gauge domestic economic news and activity. The trend in small- and mid-cap liquidity can often have exaggerated effects on the overall market, as it can drive up the stock prices of large and mid-cap companies.

5. Will this rally continue in the near term?

The sustainability of this current rally will depend on the extent of continued follow-through buying by investors, the level of supportive foreign and domestic institutional investment, potential earnings surprises, and forward-looking international factors (e.g., US interest rate expectations). While the momentum remains favourable, volatility can remain a possibility and prudent risk management practices should be incorporated into an investor's overall strategy.

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