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

Overview:

• Sensex and Nifty traded nearly flat as investors remained cautious ahead of key macroeconomic announcements.

• Sectoral performance was mixed. IT dragged the market, while banking and real estate stocks offered support.

• FII outflows continued, but strong DII buying helped cushion the overall market impact.

Indian stock market today showed mixed sentiments, with benchmark indices largely unchanged. BSE Sensex settled for the day at 84,836.49, down 64.22 points, or 0.08 %. NSE Nifty 50 traded at 25,951.95, after losing just 7.55 points, or 0.03 %. Investors have reflected the wait-and-watch approach. Here’s how individual stocks performed today based on Moneycontrol Live Updates.  

Sectoral Performance

Banking stocks lent marginal support in Indian stock market today. Nifty Bank added 18.05 points to 58,853.40; the IT sector pulled the indices down. Nifty IT was down 0.75 % to 36,760.10, indicating weakness in technology stocks. BSE Smallcap index, however, defied the uptrend to increase by 37.92 points to 51,617.15.

Top Gainers and Losers on Nifty 50

Bharat Electronics shares took the lead with a 1.50 % rise to Rs. 409.85. State Bank of India stock was the second biggest gainer, up by 1.26 % to Rs. 982.80. Meanwhile, Dr Reddy's Labs rose 1.19 % to Rs. 1,240.80. Hindalco and Max Healthcare were the other gainers of the day, up 1.16 % and 1.13 %, respectively.

Adani Enterprises shares lost the most, down 1.91 % to Rs. 2,353.30. Tata Consumer Products was down 1.53 %, followed by IT heavyweights Infosys and HCL Tech that shed 1.21 % and 0.82 %, respectively. Kotak Mahindra Bank also declined 0.81 % in the stock market today.

Stocks in Focus

After five days of successive losses, real estate stocks rebounded by up to 3 %. Analysts termed the recent correction a ‘healthy reset’ and said the long-term growth story of the sector remains intact.

In individual stocks, Raymond Lifestyle posted the largest single-day gain in 12 weeks, up 2.06 % to Rs 1,119.30. Dilip Buildcon gained 7.86 % at Rs. 477.30 to post its strongest performance in 10 weeks. Reliance Infrastructure saw a sell-off after a block deal of 51.7 lakh shares was executed at Rs. 157 apiece. The stock declined 3.52 % to Rs. 152.15, a fresh 52-week low.

The most active stocks in the F&O segment were Reliance Industries, where trading value was Rs. 765.65 crore, followed by HDFC Bank, Rs. 563.40 crore, and ICICI Bank, Rs. 415.89 crore.

Also Read: Top Flexi Cap Mutual Funds to Invest in 2025

FII and DII Activity Shapes Market Sentiment

Foreign investors continued to be net sellers in the cash segment, pulling out Rs. 4,171.75 crore on November 24. At the same time, DIIs infused crucial support, buying Rs. 4,512.87 crore, which helped the stock market today cut losses.

Currency and Commodity Movements

Indian rupee opened stronger today, up 17 paise at 89.06 per dollar, as compared to the previous close of 89.23. The recovery brings relief for share market news watchers worried over the recent weakness of the Indian currency.

In the commodities space, oil prices were mostly flat as worries of oversupply were offset by geopolitical tensions. Brent crude was down 0.3% to $63.20 a barrel, while WTI crude retreated 0.2% to $58.71.

Corporate Updates and IPO Developments

SEBI approved IPO for three companies, namely Fractal Analytics, Amagi Media Labs, and Sahajanand Medical Technologies, paving the way for fresh listings in the coming months.

At Yatra Online, there was a change at the helm as CEO Dhruv Shringi resigned due to personal reasons. He will continue as Whole-Time Director and has been appointed Chairman, while Siddhartha Gupta takes over as the new CEO.

Jefferies has initiated a 'buy' rating on LG Electronics with a target price of Rs. 1,900. The electronics maker is strongly positioned to capture the discretionary consumption space in India.

Also Read: Stock Market Today: Nifty at 26,084 and Sensex at 85,294, Tech Mahindra Jumps 3.16%, HAL Falls 3.49%

Market Outlook

Indian stock market today reflected cautious optimism amidst global uncertainty. The medium-term fundamentals are supportive, with government capital expenditure rising 40 % and corporate order books growing 21 % according to CareEdge data. Near-term volatility could continue with investors tracking FII flows, rupee movements, and global economic developments.

FAQs

1. Why did the Indian stock market trade flat Today?

Due to a mix of global cues and investor caution, the Indian stock market closed flat today. Factors such as strength in sectors like banking and real estate provided support, while weakness in the IT sector and selective selling pressure inhibited the indices from posting strong gains. This contributed to the nearly stagnant trading session for the day.

2. Which sectors performed well in the indian stock market today?

Real estate stocks bounced back, gaining up to 3% after several days of closing lower. The banking sector provided continued moderate support through steady buying interest, which contrasted with the weakness in IT and some large-cap stocks. Overall, these sectors offset the weakness in the IT sector and contributed to the market's relatively stable close today.

3. What caused the weakness in IT stocks today?

The IT sector exhibited weakness today. There were concerns about global growth, muted earnings expectations, and a general lack of positive sentiment amid softer cues from major international tech markets. Additionally, the size of the sector's representation in the indices contributed significantly to the market's flat close, even as other sectors posted strong performances.

4. What was the impact of FII and DII activity on the stock market today?

While FIIs were aggressively selling and withdrawing over Rs. 4100 Crores from the cash markets, they weren't the only players in town. The DIIs provided positive momentum in the form of inflows of more than Rs. 4500 Crores, which helped limit further declines in the indices and stabilised them from recurring declines in that session.

5. How do you see Indian stock markets moving forward?

As global news events, fluctuations in Rupee Prices, and continued activity by FIIs will be influential contributors to short-term market volatility, investors should anticipate it. Nevertheless, Government Capital Expenditures, Strong Order Books, and Resilience to Sector Developments point to a positive but likely less robust medium-term baseline for the markets. The longer-term Market direction will most likely be driven by upcoming Economic Data and Global Trends.