TCS expands its data-center capabilities through a $2-billion investment, while Nifty stays range-bound post gap-down & more

Nov 21, 2025

Indigo (+1.00%): The stock rose after the company approved a $820-million (₹7,270-crore) investment in its subsidiary InterGlobe Aviation Financial Services for aircraft acquisition.
Groww (+0.72%): The stock edged up following a solid 12% increase in consolidated profit, despite revenue declining 9.5% YoY to ₹1,018.74 crore in Q2.
Tata Consultancy Services (+0.18%): Shares rose marginally as TCS partnered with TPG to inject $2 billion into HyperVault, strengthening its AI data-center expansion.
Hindalco Industries (-2.76%): The stock slipped after another fire broke out at its New York plant, though all employees were safely evacuated.

FMCG | Nifty FMCG (+0.14%): The index inched higher as investors shifted to defensive stocks amid broad market weakness, led by gains in ITC, Tata Consumer, and HUL.
Consumption | Nifty Consumption (+0.01%): The index managed to stay in the green despite mixed sentiment, with an equal split of 15 advancing and 15 declining stocks.
Metal | Nifty Metal (-2.34%): Metal stocks declined as the government extended quality-control exemptions, allowing more imports and pressuring domestic prices.
India Defence | Nifty India Defence (-2.17%): Index declined amid profit-booking, dragged by HAL, BEL and Mazagon Dock, as investors turned cautious after recent sector outperformance.

Technical Level: After a gap-down start, Nifty remained in consolidation mode the entire day, with resistance seen at 26,180 and support near 26,050.
Advance-Decline Ratio: 2,302 declines sharply outnumbered 784 advances, underscoring continued selling across sectors.
The Big Picture: The Indian rupee weakened further on Friday, hitting a record low of 89.48 against the dollar as fading risk appetite and reduced Fed rate-cut expectations pressured emerging-market currencies.
FII/DII Activity (Nov 20, 2025): Markets stayed weak, but institutional flows were positive with DIIs buying ₹824 crore and FIIs adding ₹284 crore.

Earnings Corner: All eyes are on next week as Lenskart Solutions and Studds Accessories gear up to release their Q2 results.
Macro: Monday’s key releases include the Chicago Fed National Activity Index (Oct) and the Dallas Fed Manufacturing Index (Nov).
Index Watch: Nifty opened with a sharp gap-down and traded sideways, slipping below yesterday’s levels but still holding above 26,000. Traders now watch whether this is a false breakdown or the start of a move toward 25,500.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Pocketful Paper