📈 Top Gainers & Losers (Nifty 50)
🗞 Stock News Highlights
Parag Milk Foods (+13.34%): Shares jumped after strong Q2 results, with revenue up 15.7% to ₹1,007.9 crore and net profit rising 56.3% to ₹45.7 crore.
Max Financial Services (+5.09%): Shares rose despite a 96.34% YoY drop in Q2 net profit to ₹4.12 crore and 26.77% fall in sales to ₹9,791.59 crore.
Kirloskar Oil Engines (+11.98%): Shares advanced following a solid Q2, reporting 34% revenue growth and 27% YoY profit rise to ₹141 crore.
Rail Vikas Nigam (-0.44%): Shares edged lower after Q2 net profit fell 19.7% YoY to ₹230.3 crore, while revenue rose 5.5% to ₹5,123 crore.
🏢 Sectoral Performance
India IT | Nifty IT (+2.04%): Gained for the third straight day amid optimism on US policy shifts, trade progress, and Fed rate cut hopes.
India Auto | Nifty Auto (+1.24%): Auto stocks rallied for a fourth straight session amid strong buying interest, taking the index near its all-time peak.
India Realty | Nifty Realty (-0.49%): Sector declined for the third straight day, with only 2 gainers and 8 draggers weighing on overall sentiment.
India Defence | Nifty India Defence (-0.28%): Sector slipped as investors booked profits after recent rally, with HAL, BEL, and Dynamatic Tech among the most sold stocks.
🔍 Market Insights
Technical Level: The index found early support at 25,780, climbed to 25,930 resistance, and despite late profit-taking, closed with strong gains.
Advance-Decline Ratio: The market showed a positive bias as 1,925 stocks advanced while 1,178 declined, reflecting broad-based buying interest across sectors.
The Big Picture: Goldman Sachs upgraded its outlook on Indian equities to “Overweight”, citing improving earnings momentum and supportive policy environment, with a 2026 Nifty 50 target of 29,000, indicating a 14% upside.
FII/DII Activity (Nov 11, 2025): Strong DII buying of ₹2,188 crore offset FII selling worth ₹803 crore, supporting overall market sentiment.
🔮 Watch Out For Tomorrow
IPO Corner: PhysicsWallah IPO is set to close tomorrow, while Fujiyama Power IPO is scheduled to open tomorrow, keeping investor interest high.
Macro: Scheduled for release tomorrow: UK GDP Growth Rate YoY (Q3, Preliminary) and US Core Inflation Rate MoM (Oct).
Index Watch: The market extended gains for the third consecutive day, supported by strength in Nifty IT and Nifty Auto. With sentiment remaining positive, will Nifty cross the 26,000 mark this week and extend its rally further, or face another pullback?
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.