📈 Top Gainers & Losers (Nifty 50)
🗞 Stock News Highlights
Bharat Dynamics (+6.32%): Shares rise after ₹2,096 crore INVAR anti-tank missile order to strengthen T-90 tanks and mechanised warfare capabilities.
Adani Power (+1.36%): Shares advanced after the company received a Letter of Award from the Assam Power Distribution Company Limited to set up a 3,200 MW ultra-supercritical power project.
Sagility (+5.63%): Shares surged as 69.22 crore shares, representing 17% of outstanding equity, changed hands in block deals. Promoters are reportedly selling up to 16.4% stake at a floor price of ₹46.40.
GMDC (–3.62%): Shares slipped as Q2 revenue fell 11% to ₹528 crore and EBITDA dropped 51% to ₹70 crore.
🏢 Sectoral Performance
India Defence | Nifty India Defence (+1.36%): Stocks climbed as strong Q2 performance and fresh defence orders fueled buying, with BEL, Bharat Dynamics, and Garden Reach leading.
PSU Bank | Nifty PSU Bank (+1.17%): Sector surges near all-time highs, boosting market sentiment, led by 9 gainers and dragged by 3 losers.
IT | Nifty IT (–1.03%): Index slipped as weakness in US markets, fading Fed rate-cut hopes, and a firm rupee pressured export-focused tech stocks.
Nifty Metal (–0.89%): Index declines with 1 puller against 13 draggers amid profit-booking in Tata Steel, JSW Steel, and Hindalco.
🔍 Market Insights
Technical Level: Nifty opened with a gap-down and consolidated throughout the session amid election-result uncertainty, taking support at 25,740 and closing positive with resistance at 25,940.
Advance-Decline Ratio: The market recorded 1,476 advances and 1,623 declines, yet sentiment held firm as benchmarks ended higher.
The Big Picture: US stock futures fell as Wall Street extended its sharp sell-off, with fading December rate-cut hopes and plunging tech giants fueling concerns over valuations.
FII/DII Activity (Nov 13, 2025): Strong DII inflows of ₹3,092 crore outweighed FII outflows of ₹383 crore, supporting market sentiment.
🔮 Watch Out For Tomorrow
IPO Corner: Fujiyama Power’s IPO closes Monday with 0.41× subscription so far; all eyes on last-day bids.
Macro: Scheduled for release next week, Japan GDP Growth Rate QoQ (Q3 Prel) and USA NY Empire State Manufacturing Index (Nov).
Index Watch: Election-linked uncertainty kept the market in consolidation, but a positive close hinted at steady underlying confidence and robust interest in broader sectors. Will the market build on this strength or revisit lower support zones?
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.