Weekly Update- 16 November 2025

NIFTY50

Nifty gained 1.64% this week, closing at 25,910. The week opened on a positive note, with the index displaying steady upward momentum and consolidating near the psychological resistance zone of 26,000 as investors awaited key triggers. On Friday, Nifty witnessed a sharp and decisive up-move in the last 30 minutes following the Bihar election results, helping the index close near the day’s high and reinforcing bullish sentiment. Key resistance is seen around 26,100, while strong support lies near 25,700, and the overall market view continues to remain buy on dips.

BANKNIFTY

Bank Nifty gained 1.11% this week, closing at 58,518. The week began on a positive note, with the index showing steady upward momentum and consolidating near the key resistance zone of 58,500, which aligned with its previous swing high. On Friday, Bank Nifty witnessed a sharp rally in the last 30 minutes following the Bihar election results, helping it finish strong. Private banks outperformed throughout the week, providing broad support to the index. Key resistance stands near 59,000, while important support is placed around 58,000, and the overall outlook remains buy on dips.

TOP GAINING SECTOR

NIFTY IND DEFENCE was top gainer sector for the week

Major gainers were:-

GRSE:- up by 12.55%

BDL:- up by 11.47%

MAZDOCK:- up by 4.19%

BEL:- up by 3.04%

IMPORTANT NEWS

• Household product and grocery demand revived in Q2, with FMCG sales volume increasing 4.7% year-on-year. This resurgence, led by household and personal care, occurred before the GST rate reduction, indicating underlying market strength. Both urban and rural markets saw sequential growth, signaling a positive outlook for the sector.

• Nifty ended higher after a late rebound driven by financials, pharma, and FMCG, supported by sentiment linked to the NDA’s Bihar victory. Technical indicators suggest strength above key support levels.

• The Nifty is poised for direction as the Q2 earnings season ends. Six key factors will guide its movement this week. These include technical momentum, the mixed performance of Q2 results, FII flows, upcoming macro events, global market sentiment, and a potential India-US trade deal announcement. Traders should focus on stock-specific opportunities and manage risk effectively

• Indian companies face new accounting risks. Traditional debt issues have eased, but profit quality is now a concern, particularly for companies going public. Investors must scrutinize cash flow and related-party deals. A focus on cash conversion and audit quality offers a clearer view of corporate performance in today’s market.

• Max Healthcare Institute has announced strong financial results for the September quarter. The company’s net profit surged by 59% year-on-year to Rs 554 crore. Revenue from operations also saw a significant increase of 21% to Rs 2,580 crore. This performance reflects robust growth driven by factors like increased occupied bed days and international patient revenue.