Weekly Update- 21 November 2025

NIFTY50

Nifty closed 0.61% higher at 26,068. The week began on a positive note with strong upside momentum on Monday from lower levels. As the week progressed, the index moved into a consolidation phase after approaching the resistance zone near its all-time high. It later bounced from support levels and managed to close above the breakout zone, indicating underlying strength. The key resistance for the coming week is around 26,300, while support lies near 25,800, with the overall view remaining buy on dips.

BANKNIFTY

Bank Nifty closed 0.6% higher at 58,868. The week began on a positive note with strong upside momentum on Monday, and the index outperformed Nifty throughout the week. This was followed by two days of consolidation before Bank Nifty regained momentum and moved higher. Private banks outperformed PSU banks during the week, contributing significantly to the index’s strength. The key resistance for the coming week is around 59,800, while support lies near 58,000, with the overall view remaining buy on dips.

TOP GAINING SECTOR

NIFTY IT was top gainer sector for the week

Major gainers were:-

PERSISTENT:- up by 3.2%

INFOSYS:- up by 2.81%

TECH MAHINDRA:- up by 1.55%

TCS:- up by 1.44%

TOP LOSING SECTOR

NIFTY REALTY was top losing sector for the week

Major losers were:-

OBEROI REALTY:- down by 5.54%

DLF:- down by 5.16%

GODREJ PROPERTIES:- down by 4.78%

PRESTIGE ESTATE:- down by 3.23%

IMPORTANT NEWS

• InterGlobe Aviation, the parent of IndiGo, will enter the 30-stock Sensex from December 22, replacing Tata Motors Passenger Vehicles following its recent demerger. BSE Index Services announced the overhaul as part of a wider reconstitution across major indices, with changes also set for the BSE 100, Sensex 50 and Sensex Next 50, prompting portfolio realignments by index-tracking funds.

• While retail investors’ appetite for defence stocks remained strong in the September quarter, with ownership rising in 13 out of 18 stocks in the Nifty India Defence Index, five counters saw a decline in retail shareholding.

• Foreign investors continue to sell Indian shares. November saw outflows of Rs 3,788 crore. This follows significant selling throughout 2025. Experts note improved sentiment but tentative flows. Valuations and earnings clarity are key concerns. Investors await earnings growth to catch up before increasing exposure. Year-end portfolio rebalancing will offer clues.

• Markets showed signs of strain this week. Risky trades like crypto and AI stocks saw sharp declines. This sudden sell-off and quick recovery highlighted how fragile the current market cycle has become. Investors are now more cautious, seeking protection against potential downturns. Even strong earnings from companies like Nvidia could not prevent broader market jitters.

• Groww Q2 Results: Groww's parent company, Billionbrains Garage Venture, announced a 12% profit jump for the September 2025 quarter. Revenue saw a slight dip, but active users increased. The company noted a shift towards Mutual Funds and Stocks, with a reduced focus on Derivatives. Marketing spend rose, impacting customer acquisition costs. The stock reacted positively to the results.