Weekly Update- 07 November 2025

NIFTY50

Nifty declined by 0.89% for the week, closing at 25,492. The week started on a flat note, with the index taking initial support near the previous breakout zone of 25,600. However, as the week progressed, weakness in global markets and cautious sentiment ahead of key economic data triggered profit booking, leading the index to test the 25,300 zone. Towards the end of the week, Nifty displayed strong recovery on Friday, rebounding sharply from lower levels and indicating renewed buying interest near support zones. Broader market sentiment remained resilient despite volatility, suggesting underlying strength in select sectors. For the upcoming week, key resistance is placed around 25,800, while support lies near 25,000, keeping the overall view positive with a buy-on-dips strategy favored.

BANKNIFTY

Bank Nifty gained 0.17% during the week, closing at 57,877. The index started on a flat note but witnessed some pressure midweek in line with the broader market trend. However, it recovered sharply from lower levels, displaying strong resilience and outperformed Nifty throughout the week. The rally was led by PSU banks, supported by robust fundamentals and encouraging Q2 earnings momentum, which strengthened overall sentiment in the banking space. For the upcoming week, key resistance is seen around 58,500, while support lies near 57,150, with the view remaining positive and buy-on-dips approach preferred.

TOP GAINING SECTOR

NIFTY PSUBANK was top gainer sector for the week

Major gainers were:-

BANKBARODA:- up by 3.83%

UNIONBANK:- up by 3.11%

CANBK:- up by 2.69%

SBIN:- up by 2.01%

TOP LOSING SECTOR

NIFTY CPSE was top losing sector for the week

Major losers were:-

POWERGRID:- down by 5.6%

NHPC:- down by 3.69%

NBCC:- down by 3.42%

NTPC:- down by 3.22%

IMPORTANT NEWS

• Mutual funds have crowded into a handful of big names in 2025, with Axis Bank, Maruti Suzuki, SBI, ICICI Bank, and SBI Life among the most overowned stocks, each held far above their index weights.

• Foreign investors have offloaded Indian equities worth over Rs 1.52 lakh crore in 2025 so far, with experts linking the selloff to India’s lag in the global AI rally. However, stretched valuations in AI-driven markets may soon moderate outflows as investors reassess risks and valuations.

• The second quarter earnings season is in its last leg and as many as 2,400 companies will announce their results next week. Some of the important names to track include Bajaj Finance, HAL, Asian Paints, Tata Steel, LG Electronics, BSE, Tata Motors PV among others. Below are the key earnings scheduled for next week.

• Foreign institutional investors (FIIs) offloaded consumer-centric stocks worth Rs 9,477 crore in October, even as they poured Rs 13,279 crore into the financial space, data from ACE Equity showed. Interestingly, the selling in consumer stocks came despite the rollout of GST 2.0, a tax reform aimed at boosting consumption.

• Foreign institutional investors (FIIs) offloaded consumer-centric stocks worth Rs 9,477 crore in October, even as they poured Rs 13,279 crore into the financial space, data from ACE Equity showed. Interestingly, the selling in consumer stocks came despite the rollout of GST 2.0, a tax reform aimed at boosting consumption.