November 21, 2025: Indian markets continued their positive momentum for the week ended November 21. Both the major equity indices (Nifty 50 and the BSE Sensex) surged 1.60% and 1.1%, respectively. The Nifty Bank also saw a slight increase of 0.80% during the week as the financial stocks remained stable during the week.
The global markets also played a supportive role for the Indian markets as the S&P500 added 0.4% and the EU’s STOXX Index went up by 0.6%. Japanese Nikkei also went up by 1.2%, strengthening the overall risk appetite (global).
Sector and Stock Movements
Among the week’s standout performers, Groww (Billionbrains Garage Ventures Ltd.) delivered a sharp rally after hitting a fresh all-time high, driven by strong investor accumulation. Other notable gainers included Ion Exchange, IIFL Securities, Master Trust, and APM Industries.
However, the market also saw pressure on selected counters. Hindalco Industries slipped around 2.5% following a weak closing on Friday. Aarti Industries, Apollo Pipes, Innovana Thinklabs, and Prudent Corporate Advisory Services also declined during the week.
Macro Indicators and Global Updates
On the domestic front, inflation remained a strong positive. October CPI was at a record low (0.25-0.35%), which has further aided the market sentiment. As the global inflation rates are reducing and US inflation staying under the 3% mark, there will be an impact on other developed nations’ inflation rates, such as the UK and Japan.
Primary Market Snapshot
Capillary Technologies, which had debuted on 21 November 2025, maintained investor interest through the week. The stock continued to hold above its issue price, reflecting healthy demand following its initial listing gains.
Analyst Views and Outlook
The global analysts at Goldman Sachs continued to have a positive stance on the Indian markets. The global agency maintained the ‘overweight’ rating for the country based on strong macroeconomic fundamentals. The short-term expectation for Nifty is around 26500, with immediate support around 26200. Market participants, including traders and investors, should look for cues from global inflation data and foreign institutional flows to gauge near-term direction.
Top comments (0)