Nifty Nears Record High Above 26K; NCC Ltd Shares Gain on ₹2,063 Cr. Contract & More

Market Recap: 25th November, 2025

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📈 Top Gainers & Losers (Nifty 50)

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🗞 Stock News Highlights

• SMS Pharmaceuticals (+17.82%): Shares rose after the US FDA approved associate company VKT Pharma’s reformulated Ranitidine tablets, marking the drug’s return to the US market after five years.

• Jayesh Logistics (+4.67%): Shares moved higher after winning an ₹11-crore Dalmia Cements deal, representing 11% of its market cap and boosting sentiment.

• Thermax Ltd (+1.74%): Shares gained after subsidiary TBWES won a ₹580-crore Dangote Industries order for high-pressure utility boilers in Nigeria.

• NCC Ltd (+1.45%): Shares in focus after winning a ₹2,063-crore Gauhati Medical College expansion order, with the company confirming no related-party involvement.

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🏢 Sectoral Performance

• Metal | Nifty Metal (+2.06%): Index rose on Fed rate-cut optimism, extending yearly gains despite November weakness, led by strong moves in JSW Steel, Tata Steel and Vedanta.

• Consumer Durables | Nifty Consumer Durables (+1.75%): The index rose on improving consumption trends, supported by strong demand for durables, led by 13 gainers against just 2 draggers.

• Oil & Gas | Nifty Oil & Gas (+1.72%): Index climbed as oil marketing companies benefitted from softer crude prices and potential government compensation for LPG losses.

• Media | Nifty Media (+1.62%): Index rose today after 7 consecutive days of decline, led by gains in PVR, Inox, Tips Music, and Zee Entertainment.

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🔍 Market Insights

• Technical Level: The index began flat, sustained an upward trajectory throughout the session, with support at 25,840 and closing near the 26,210 resistance level.

• Advance-Decline Ratio: Market breadth turned positive, supported by 2,291 advances versus 807 declines, indicating easing selling pressure and broad-based buying interest.

• The Big Picture: Indian equities rose broadly, boosted by optimism over a potential U.S. Fed rate cut and expectations of RBI easing, attracting foreign investors to emerging markets like India.

• FII/DII Activity (Nov 25, 2025): Market remained positive with DIIs purchasing ₹3,912 crore and FIIs buying ₹785 crore, reflecting broad-based investor participation.

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🔮 Watch Out For Tomorrow

• IPO Corner: The subscription for SSMD Agrotech IPO is closing tomorrow, offering investors a final opportunity to participate in the issue.

• Macro: Germany’s GfK Consumer Confidence and South Korea’s interest rate decision are scheduled for release tomorrow.

• Index Watch: As mentioned in yesterday’s note, the market was testing a crucial support level. Today, Nifty reversed from that point, closing above 26,000 on robust buying sentiment. Markets now look poised for a potential new all-time high this week.

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👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.