Whirlpool of India Shares Fall After Promoters Offload 11.8% Stake; Glenmark Gains After Positive US FDA Inspection & More

Nov 27, 2025

Glenmark Pharmaceuticals (+1.18%): Shares gained 2% after receiving a positive US FDA inspection report, boosting investor confidence and lifting the stock during Thursday’s trade.
Canara Bank (+1.07%): Shares traded steady following the bank’s move to raise ₹3,500 crore via AT1 bonds to reinforce its capital strength and growth outlook.
Whirlpool of India (-11.42%): Shares fell sharply after a massive block deal saw 11.8% equity change hands, with promoters reportedly offloading a significant stake.
Pidilite Industries (-0.82%): The stock declined despite announcing a 20% stake buy in MagicDecor, intended to expand its footprint in India’s home-decor segment.

Media | Nifty Media (+0.84%): Indices hit fresh all-time highs on strong rate-cut optimism, with broad-based buying across sectors and media stocks extending their gains.
Financial Services | Nifty Financial Services (+0.53%): Index moved higher for two straight sessions near all-time highs, with 12 advancing and 8 declining shares.
Oil & Gas | Nifty Oil & Gas (-0.73%): Index dropped as investors booked profits after the recent rally, with ONGC, IOC, and BPCL among the most sold stocks.
Realty | Nifty Realty (-0.72%): Index retreated after a two-day rally amid profit booking, with 1 stock gaining and 9 stocks declining.

Technical Level: The index opened with a gap up, making an all-time high in today’s session. After a cool-off in the second session, the market closed positive, finding support at 26,140 and resistance at 26,310.
Advance-Decline Ratio: Market breadth remained largely unchanged, supported by 1,488 advances versus 1,602 declines, indicating balanced trading with mixed buying and selling interest.
The Big Picture: Prime Minister Modi highlighted India’s cost-effective and reliable space capabilities, emphasizing that global firms are eager to partner. He noted the private sector’s growing role in innovation, following the inauguration of Skyroot’s Infinity Campus and the Vikram-I orbital rocket, marking a new era for India’s space ecosystem.
FII/DII Activity (Nov 26, 2025): Market momentum remained upbeat with DIIs acquiring ₹6,248 crore and FIIs buying ₹4,778 crore, supporting overall investor confidence.

IPO Corner: Investors can start subscribing to Purple Wave and Exato Technologies IPOs from tomorrow, marking the opening of the issues.
Macro: India’s GDP growth rate YoY (Q3) and France’s inflation rate YoY prel (Nov) are scheduled for release tomorrow, tracking key economic trends.
Index Watch: Nifty touched a new all-time high, following an upward trend that boosted market sentiment. Strong buying interest is likely to help the index sustain above 26,000 this week, signaling a potential change in trends.

Block Deal – A large stock trade done privately between big investors on the exchange, allowing quick transactions without affecting the market price.

Until next time,

Team Pocketful.

Pocketful Paper