Stock Market Today: Nifty, Sensex Snap Six-Day Gaining Streak As HDFC Bank, ICICI Bank Shares Weigh

The NSE Nifty Midcap 150 and the NSE Smallcap 150 underperformed benchmark indices.

The NSE Nifty 50 and BSE Sensex were trading off day's low. (Photo credit: Envato)

The NSE Nifty 50 and BSE Sensex snapped a six-day winning streak. Private banks stocks — HDFC Bank Ltd., and ICICI Bank Ltd. — were the biggest lagger on the NSE Nifty 50 index. The NSE Nifty 50 declined below the day's support level of 25,900. InterGlobe Aviation Ltd., Tata Consumer Products Ltd., and Jio Financial Services Ltd. were top loser in the index.

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Markets At Close: Nifty, Sensex Settle Lower 

  • Nifty slips below 26,000 mark; snaps six-day gaining streak

  • Benchmarks outperform Broader Market Indices

  • Nifty Midcap 150 ends in red, SKF India & Grindwell Norton fell the most

  • Nifty smallcap 250 ends in red, Kaynes tech & Godawari power fell the most

  • All sectors end in red, Nifty Realty fell the most

  • Nifty Realty emerges as the top nifty loser; losses led by Sobha ltd & DLF

  • Nifty Realty, IT & Metal fell over 1 %

  • Nifty PSU bank, Oil and Gas snaps 2 day gaining streak

  • Nifty Pharma, Financial Services snaps 4 day gaining streak

  • Nifty Bank snaps 7 day gaining streak

Rupee Closes Stronger Against US Dollar

  • Rupee closed 3 paise stronger at 88.61 against US Dollar

  • It closed at 88.64 a dollar on Monday 

Source: Bloomberg

Goyal Will Meet Representatives To Make FDIs And FIIs Smoother

Commer Minister Piyush Goyal will meet industry representatives to discuss process make the process to invest in India smoother and faster to attractive more foreign funds. He said while speaking at an event for the Federation of Indian Chambers of Commerce & Industry's 98th annual general meeting.

The meeting has started at 3 p.m. at Vanijya Bhawan. Goyal will meet e-commerce firms, start-ups, venture capitalists and industry representatives. The meeting is related to changes in Foreign Direct Investment policy with an aim to boost exports.

Also Read: Goyal Will Meet Representatives To Make FDIs And FIIs Smoother

Stock Market News: Praveg Gets Order From Tourism Corp

Praveg received order from the Tourism Corp of Gujarat to develop resort in the Kutch, the company said in an exchange filing.

Stock Market LIVE: Greaves Cotton Partners With Ligier Group

Greaves Cotton partnered with Europe-based Ligier Group to supply 499 cc REVO D+ Engines.

Groww Q2 Results Announcement Soon: Check Board Meeting Date, Share Price History And More

Newly listed Billionbrains Garage Ventures Ltd., the parent firm of online trading platform Groww, is set to release its first quarterly results for the period ending September this week. Investors and analysts will closely focus on key financial metrics of the company in Q2FY26 as it will be the company’s first quarterly earnings announcement after IPO listing.

Billionbrains Garage Ventures, which launched its initial public offering earlier this month, witnessed a strong market debut on Nov. 12, with its shares listing at a premium on the NSE and BSE.

Also Read: Groww Q2 Results Announcement Soon: Check Board Meeting Date, Share Price History And More

Stock Market LIVE: New World Fund Sells 2.09% Stake In PB Fintech

New World Fund sold 2.09% stake in PB Fintech Ltd. The total shareholding of New World Fund in the company stands at 2.96% post stake sale, the company said in the exchange filing.

Stock Market LIVE: Airtel's Gets Rs 7 Lakh Order For Alleged Violation Of Subscriber Verification

Andhra Pradesh's Department of Telecommunication gave Rs 7 lakh order for alleged violation of subscriber verification norms, the company said in the exchange filing.

Stock Market LIVE: Solar Industries's Arm Gets Rs 1,400-Crore Export Order 

Solar Industries Ltd.'s arm received Rs 1,400 crore export order to supply defence products over a period of four years, the company said in the exchange filing.

D-Street Sees Earnings Rebound Post Four-Quarter Slump; Jefferies, JPMorgan Cautiously Optimistic — Here's Why

India’s market strategists are sounding a little more upbeat this quarter, as growth is picking up again after four straight quarters of slipping.

Jefferies’ Mahesh Nandurkar says the early festive season acted like a booster shot, pushing revenue growth to a 10-quarter high. But there’s a catch: the market now wants to know whether this GST-driven consumption bounce can actually last. For now, Jefferies pegs MSCI India FY26 earnings growth at 10%, but sustainability is the real hero (or villain) to watch.

Also Read: D-Street Sees Earnings Rebound Post Four-Quarter Slump; Jefferies, JPMorgan Cautiously Optimistic — Here's Why

Stock Market LIVE: Trishakti Industries Gets Rs 2 Crore Order From Reliance Industries 

Trishakti Industries received Rs 2 crore order from Reliance Industries for deployment of advanced machineries, manpower at a project site. The company will undertake fresh capital expenditure of Rs 7.5 crore to buy advanced machineries for Reliance Industries.

Its cumulative capital expenditure for financial year 2026 now stands at Rs 111.2 crore, the company said in the exchange filing.

Prominent Market Voices Join FM Sitharaman’s Pre-Budget Capital Market Consultation

Union Finance Minister Nirmala Sitharaman chaired the fourth round of pre-Budget consultations with stakeholders as part of preparations for the Union Budget 2026–27. The meeting, held in New Delhi, was attended by Union Minister of State for Finance Pankaj Chaudhary, Department of Economic Affairs Secretary Anuradha Thakur, and Chief Economic Adviser Dr. V. Anantha Nageswaran.

Also Read: Prominent Market Voices Join FM Sitharaman’s Pre-Budget Capital Market Consultation

Stock Market News: Rites Signs MoU With Andhra Pradesh's Economic Development Board 

Rites Ltd. signed memorandum of understanding with Andhra Pradesh Economic Development board to spur infrastructure growth. The company will provide consultancy services for investment in infrastructure and industrial development in Andhra Pradesh.

The company will extend expertise across key infrastructure consultancy domains, third-party inspection and audit services.

‘Next Upswing From Broader Markets’: Gautam Duggad Remains Bullish On Mid, Small Caps

The Indian stock market could be set for brighter days ahead, but only if earnings growth lives up to expectations, according of Motilal Oswal Institutional Equities's Head of Research, Gautam Duggad, who is bullish on India's mid and small cap sector.

“We are expecting 10–20% earnings growth in FY26. If those expectations meet, we might be set for positive trends in the market,” Duggad told NDTV Profit, noting that earnings stability could be a big factor going forward.

Also Read: ‘Next Upswing From Broader Markets’: Motilal's Gautam Duggad Bullish On Mid, Small Caps—Here's Why

Lilavati Fund Diversion Case: EoW Likely To Issue Summons To HDFC Bank's Jagdishan

The Economic Offences Wing is likely to issue a summons to HDFC Bank Chief Executive Officer and Managing Director Sashidhar Jagdishan for questioning in connection with allegations of fund diversion in the Lilavati Trusts case, according to people familiar with the matter.

The inquiry is linked to charges of financial irregularities within the Lilavati Trusts, and the EOW is seeking clarity on specific transactions under scrutiny. As part of the ongoing investigation, previous members of the Lilavati Hospital Trust have also likely been summoned for questioning.

Stock Market LIVE: GMR Airports Share Price Jumps Nearly 5%

GMR Airports share price jumped 4.90% to Rs 102.7 apiece. It was trading 4.60% higher at Rs 102.19 apiece as of 11:22 a.m.

Stock Market LIVE: Bombay Burmah Share Price Rises Nearly 8%

Bombay Burmah share price rose 7.77% to Rs 1,986 apiece. It was trading 7.39% higher at Rs 1,979 apiece as of 11:12 a.m. compared to 0.32% decline in the NSE Nifty 50 index.

Gold Futures Decline Nearly 2%; Silver Falls Over Rs 3,700 Per Kg

Gold and silver futures saw a nearly 2% decline on Tuesday tracking weakness in global rates that were hurt by fading expectations for another US interest rate reduction next month.

MCX gold futures slid by as much as Rs 1,786 per 10 grams or 1.45% to Rs 1,21,141 per 10 grams, compared to their previous close of Rs 1,22,927 per 10 grams. On the other hand, silver futures slid by as much as Rs 3,637 per 1 kg or 2.34% to Rs 1,51,675, compared to their previous close of Rs 1,55,312 per 10 grams.

Also Read: Gold Futures Decline Nearly 2%; Silver Falls Over Rs 3,700 Per Kg

Dixon Tech 'Confident' Of Achieving Rs 7,000-8,000 Crore Export Revenue Target In FY26: Group CFO

Dixon Technologies India Ltd. is confident of achieving exports in the range of Rs 7,000-8,000 crore in FY26, according to Saurabh Gupta, Director, Finance and Group CFO.

Also Read: Dixon Tech 'Confident' Of Achieving Rs 7,000-8,000 Crore Export Revenue Target In FY26: Group CFO

Stock Market LIVE: Emcure Pharma Shares Slip As Bain Capital Plans Rs 492.7 Crore Stake Sale

Emcure Pharmaceuticals Ltd.'s share price declined a day after Bain Capital, via its arm BC Investments IV Ltd., planned to sell shares worth Rs 492.7 crore in Emcure Pharma.

The firm sims to offer nearly 38 lakh shares, or 2% equity, at Rs 1,296.51 apiece, approximately 7% discount to Monday's closing price. BC Investments IV Ltd. held a 6.3% stake as of September, currently valued at Rs 1,660 crore. Kotak Securities Ltd. and Axis Capital Ltd. are the bookrunners for the deal.

Also Read: Emcure Pharma Shares Slip As Bain Capital Plans Rs 492.7 Crore Stake Sale

PhysicsWallah Lists At 55% Premium 

PhysicsWallah Ltd. was listed at Rs 145 apiece or at a premium of 55% on National Stock Exchange Ltd. It was listed at Rs 143.1 apiece on BSE Ltd.

Zomato Parent Eternal’s Slide A Buying Opportunity, Says Morgan Stanley — Check Revised Price

Zomato parent Eternal Ltd.’s shares have fallen 14–15% since the last quarterly results, even as the Sensex has risen 2% and peers such as Swiggy have declined about 12%. However, Morgan Stanley has reiterated its Overweight rating while raising its price target to Rs 427 from Rs 420, arguing that the recent correction offers an attractive entry point into what it sees as the best risk-reward play in the sector.

Also Read: Zomato Parent Eternal’s Slide A Buying Opportunity, Says Morgan Stanley — Check Revised Price

Stock Market LIVE: Groww Share Price Surges Nearly 40% Since Listing

Groww's parent, Billionbrains Garage Ventures Ltd. share price surged nearly 40% since its listing last week. The market-cap of the newly-listed stock increased Rs 6,155 crore to Rs 11,368.61 crore as of 9:36 a.m.

The stock has been on gaining spree since it was listed on Nov 12. In Tuesday's session, it surged 11.09%.

Also Read: Groww Share Price Surges Nearly 40% Since Listing

Stock Market LIVE: Nifty Bank Hits New High At Open 

The NSE Nifty Bank rose 0.11% to a new high of 59,026.85. The index was trading 0.03% higher at 58,996.5 as of 9:26 a.m.

Sectoral Performance At Open: Nifty Metal Declines Most 

Nifty Detractors: RIL, ICICI Bank, Bajaj Finance Shares Weigh

Reliance Industries Ltd., ICICI Bank Ltd., Bajaj Finance Ltd., Larsen & Toubro Ltd., and Kotak Mahindra Bank Ltd. shares weighed on the Nifty 50 index.

Axis Bank Ltd., Max Healthcare Institute Ltd., Bharat Electronics Ltd., HDFC Bank Ltd., and Bajaj Auto Ltd. shares added to the NSE Nifty 50 index.

Markets At Open: Nifty, Sensex Open Lower 

The NSE Nifty 50 and BSE Sensex opened lower as ICICI Bank Ltd. and Bajaj Finance Ltd. shares weighed. The indices were trading 0.26% and 0.31% down, respectively as of 9:20 a.m.

Yield On 10-Year Bond Opens Flat

  • The yield on the 10-year bond opened flat at 6.50%

Source: Bloomberg

LIVE: Rupee Opens Weaker Against US Dollar

  • Rupee opened 3 paise weaker at 88.67 against US Dollar

  • It closed at 88.64 a dollar on Monday

 Source: Bloomberg

Gold Price Falls Near Rs 1,23,500 Levels

Gold prices in India fell to Rs 1,23,430 on Tuesday, extending decline for the third session.

The metal extended decline after it ended Tuesday's session 4% lower, trading around $4,034 an ounce. Gold remains on course for its strongest annual gain since 1979, having reached a series of record highs before retreating last month. US rate cuts have underpinned prices, which have also been buoyed by inflows into bullion-backed exchange-traded funds and sustained central bank buying.

Also Read: Gold Price Falls Near Rs 1,23,500 Levels — Check Rates In Delhi, Mumbai And Other Cities

PhysicsWallah IPO Listing Today: GMP Jumps Ahead Of D-Street Debut

The listing of PhysicsWallah Ltd. will be in focus as investors await the company's debut on the stock market.

Shares of PhysicsWallah will list on the BSE and NSE on Tuesday, November 18. The share allotment status for the PhysicsWallah IPO was finalised on Friday. Successful bidders were allotted the shares on Monday, and refunds were also issued on the same day.

Also Read: PhysicsWallah IPO Listing Today: GMP Jumps Ahead Of D-Street Debut

Five Stocks To Buy: Airtel, HUDCO, KEI Industries, Marico, Siemens

NDTV Profit brings these five stocks for Tuesday's trading session from various analysts' recommendations. Traders choose from telecommunication, consumer, infrastructure, and electrical sectors.

Analysts projected the highest upside potential for the Housing and Urban Development Corp share price for Tuesday's close price.

Find out more details here.

Global Cues: Oil Steadies With Global Surplus and Russian Sanctions In Focus

Oil steadied as investors weighed the impact from an emerging surplus against US sanctions on Russia that have upended some crude flows.

West Texas Intermediate traded below $60 a barrel after a modest loss in the previous session. Brent closed near $64.

Read the full Bloomberg article here.

Gold, Silver Rally Driven By FOMO, Supply Squeeze: Prices To Normalise Post-December, Says Ajay Kedia

The record run in gold and silver prices, which saw them hit new highs not seen since 1980 or 2011, was primarily driven by a mix of market sentiment, tight supply and auspicious buying, according to Ajay Kedia, director of Kedia Advisories.

Kedia notes that while the initial price correction was expected, the subsequent upward movement was due to geopolitical pressure and supply-side constraints. "The prices had corrected but moved up because of pressure and tension. There was a supply squeeze for silver due to demand from various sectors," he said in a conversation with NDTV Profit on Monday.

Also Read: Gold, Silver Rally Driven By FOMO, Supply Squeeze: Prices To Normalise Post-December, Says Ajay Kedia

Asia Markets LIVE: Japan's Nikkei 225 Plunges Over 2% 

Markets across Asia logged steep losses as uncertainty looms. Market participants keenly await for Nvidia Corp's earnings reports and US jobs data, scheduled for release later this week.

The Nikkei 225 was trading 1.98% down and the KOSPI was 1.44% down at 7:06 a.m.

Also Read: Stock Selloff Deepens Ahead of Nvidia, Jobs Data: Markets Wrap

LIVE: GIFT Nifty Implies Negative Open; Mphasis, Paytm, PTC Industries Shares In Focus

The GIFT Nifty was trading 0.08% or 22 points down at 26,008, which hinted a negative open for the benchmark index NSE Nifty 50 index. Losses in Asian equities will also likely to weigh on Indian indices as well.

Mphasis Ltd., One 97 Communication Ltd., PTC Industries Ltd., JSW Infrastructure Ltd., Emcure Pharmaceuticals Ltd., and Tata Power Ltd. shares will likely to move because of overnight newsflow.

Indian benchmark indices ended on a firm positive note on Monday, with the Sensex advancing 388.17 points or 0.46% to end at 84,950.95, and the Nifty gaining 103.40 points or 0.40% to close at 26,013.45.

Also Read: Trade Setup For Nov 18: Nifty Faces Immediate Resistance At 26,100

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WRITTEN BY
Ananya Chaudhuri
Ananya Chaudhuri covers financial markets news and trends at NDTV Profit. S... more
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