The market walked into the weekend a little tired. Not weak, not broken… just tired. A long week of small swings, some heavyweights refusing to move, and Friday’s sell-off that felt more like profit booking than panic. And now we’re stepping into The Indian Market Weekly View 24–28 November week with indices still sitting close to their highs, even though the mood is slightly cautious.

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📊Where the market stands right now

Nifty closed Friday near 26,068, down around half a percent. Sensex slipped too, around 85,231. Bank Nifty took a slightly deeper cut — nothing dramatic, but enough to remind traders that the big banks haven’t fully joined the party yet.

And then we have India VIX, which quietly jumped to 13.6. That’s the part that got traders talking. VIX rising while the indices stay close to record highs usually means one thing — the market is hedging up, just in case the next few sessions get bumpy.

Gift Nifty, though, stayed steady around 26,180+, hinting at a normal start to Monday unless global cues change overnight.

📌Support & Resistance Zones (Not Recommendations)

You already know how the market behaves around big round numbers, so here’s how the landscape looks for the week:

⭕Nifty 50

Support near 25,800–25,900.
A deeper cushion around 25,550.
Resistance around 26,200–26,250.
Bigger wall only at 26,350–26,450, which is close to the big highs.

🏦Bank Nifty

First support around 58,300–58,500.
Next at 58,000.
Resistance sitting near 59,300–59,500.
Above 60,000… sentiment shifts fast.

📈Sensex

Support around 84,600–84,800.
Broader demand zone below that near 84,000.
Resistance pockets around 85,800–86,000.

No major trend break yet. Looks more like a slow consolidation week unless a big global headline hits.

📉Derivatives View — PCR, OI & Volatility

PCR for Nifty is hovering near 1.0. That’s the middle of the road.
Not too bullish, not too bearish.

When PCR sits neutral and VIX jumps, it usually means traders aren’t sure about direction but they’re definitely paying for protection. It’s more “just in case” hedging than “panic hedging.”

Expect some intraday moves in the first two sessions of the week.

💰FII & DII Flows

Friday’s flow was classic tug-of-war:

FII: –₹1,766 crore (selling)
DII: +₹3,161 crore (strong buying)

An almost perfect absorption.
DIIs did not allow the market to fall deep, which is why the weekly mood still feels stable.

FIIs have been booking gains in spots — particularly metals, NBFCs, and a few profit-rich sectors. DIIs keep protecting the downside.

If both turn sellers this week → trouble.
If DIIs stay buyers → sideways to slightly positive week.

🚀 Top Performing Stocks of Last Week

Two stocks quietly carried strength even while the market paused:

1. 🚗 Maruti Suzuki

Maruti held firm when several heavyweights dipped. Demand remains consistent, and the stock behaves well during uncertain weeks.

2. 🚜 Mahindra & Mahindra (M&M)

M&M got attention after sharing strong long-term plans. Momentum stayed healthy even on the red day.

📦Sectors That Showed Strength

Auto (Maruti, M&M, Tata Motors — all held well)
Consumption/Paints (Asian Paints gave stability when the market needed it)

Metals and NBFCs struggled more at the end of the week.

📈IPO Corner — Busy Month Continues

It’s one of those phases when the IPO market refuses to slow down:

Fujiyama Power Systems – Listed last week.
Capillary Technologies – Listed on 21 Nov.
Excelsoft Technologies – Allotment on 24 Nov, listing on 26 Nov.
Sudeep Pharma – Still open, closes 25 Nov.

Excelsoft’s listing on Wednesday will be the most-watched event this week, especially for mid-cap tech sentiment.

🪙 Commodity Snapshot

🥇Gold

Trading near ₹1,24, 195per 10gram (24K).
Global gold has been shaky — dollar strength and fading near-term Fed cut hopes are keeping a lid on prices.

🥈Silver

Hovering near ₹1,54,052 per kg.
Still positive on a monthly chart but cooling down in the last few sessions.

🛢️Crude Oil

Brent slipped to around $65.87 almost flat for the week.
For India, this is positive.
Lower crude = lower inflation risk = supportive medium-term story.

💱Currency Update — Rupee Weakness Continues

The rupee is nearly at 89.5 against the US dollar.
This is a big factor for IT, pharma and exporters.
A weak rupee makes hedge themes attractive when volatility rises.

Imports-heavy sectors may feel a pinch.

📉Weekly Trading Range Outlook (24–28 Nov)

🔵Base Case – Most Realistic

Nifty trades between 25,600–26,400.
Movement remains choppy but not trend-breaking.
Bank Nifty tries to stabilise above 58,500.

🟢Bullish Case

If global cues support:

Nifty can again test 26,400–26,500.
Bank Nifty moves toward 59,800–60,200.

🔴Risk Case

If global risk-off continues:

Nifty can dip to 25,500–25,600.
VIX can swing higher and shake intraday trades.

🎯Short-Term vs Long-Term View

📌Short-Term (for traders)

Reduce position sizes—VIX is rising.
Keep an eye on Bank Nifty. It will guide sentiment.
Avoid the urge to chase gaps.

📌Long-Term (for investors)

The market’s medium-to-long-term story remains strong:

Earnings remain stable
Domestic flows remain rock solid
Macro environment is more resilient than most emerging markets

Autos, quality banks, IT and pharma remain steady picks for accumulation phases (not stock calls — just sector view).

⚖️Disclaimer:

This report is created only for education and market awareness. It is not investment advice or a stock recommendation. Markets carry risk. Please consult a SEBI-registered financial adviser before taking any decision. All data is based on publicly available information as of 21–23 November 2025. Kartalks and the author are not responsible for any financial loss.

Indian Markets Weekly View (Nov24-28,2025)

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