Indian Markets Post Market Report–Nov21,2025

After flirting with record highs this week, the Indian market finally saw some profit-booking on Friday. Weak global cues, pressure in metals and financials, and a sharp jump in volatility meant the day belonged to the bears, even though the broader trend on the weekly frame is still positive.

I’ll walk through the full Indian Markets Post Market Report November 21, 2025 – indices, top movers, sectors, derivatives, FII–DII flow, IPO action, commodities, currency, and a “stock of the day” to study.

📊 Market Snapshot – Nifty, Sensex, Bank Nifty

Nifty 50: 26,068.15, down 124 points (-0.47%)
Sensex: 85,231.92, down 400.76 points (-0.47%)
Bank Nifty: 58,867.70, down 480 points (-0.81%)

Global risk sentiment stayed fragile; Indian benchmarks slipped a bit more than half a percent but still ended the week in the green, thanks to earlier gains. Metals and realty dragged the market, while FMCG narrowly managed to hold up.

“Benchmark indices ended lower today, with Nifty closing at 26,068 and Sensex near 85,232, as profit-booking in metals and financials weighed on sentiment, even though the market still finished the week with overall gains.”

🏆 Nifty 50 – Top 5 Gainers & 🔻 Top 5 Losers

🔺 Top 5 Gainers (Nifty 50)

Maruti Suzuki (MARUTI) – +1.11%
Tata Consumer Products (TATACONSUM) – +0.78%
Max Healthcare (MAXHEALTH) – +1.04%
IndiGo / InterGlobe Aviation (INDIGO) – +1.00%
Mahindra & Mahindra (M&M) – +0.89%

“On the positive side, Maruti Suzuki topped the Nifty gainers with a ~1.3% rise, helped by healthy volumes and steady demand expectations. Tata Consumer and Max Healthcare also stayed firm, reflecting defensive buying in consumption and healthcare, while IndiGo and M&M extended their recent up-moves on stable sector sentiment.”

🔻 Top 5 Losers (Nifty 50)

JSW Steel (JSWSTEEL) – -2.54%
Hindalco Industries (HINDALCO) – -2.76%
Tata Steel (TATASTEEL) – -2.59%
Bajaj Finance (BAJFINANCE) – -2.38%
HCL Technologies (HCLTECH) – -2.27%

“On the downside, JSW Steel, Hindalco and Tata Steel led the selling as the metal pack came under pressure after weak global cues, while Bajaj Finance and HCL Tech saw profit-booking after their recent rallies, dragging the financials and IT indices lower.”

🧩 Sector Performance – All in Red, FMCG Holds Up

According to Moneycontrol, all major sectoral indices closed in the red except FMCG, which managed a small gain. Metals and realty were the worst hit, and PSU banks plus financial services also saw clear weakness.

In the red (under pressure):
- Metals: down over 2%
- Realty: down over 2%
- PSU Banks, Financial Services, Media: noticeable cuts
- IT, Pharma, Consumer Durables, Oil & Gas, Healthcare: moderate declines
Holding up:
- FMCG: slight gain, acting as a defensive pocket
- Auto: almost flat, marginally negative

“Sector-wise, it was a broad-based sell-off with metals and realty down more than 2%, PSU banks and financials also under pressure, while FMCG was the lone gainer, highlighting the defensive nature of consumption names on a volatile day.”

📍 Key Levels – Nifty, Bank Nifty, Sensex (Support & Resistance)

Pre-market “trade setup” levels from Moneycontrol still work as reference zones even after today’s cool-off.

🔵 Nifty 50 – 26,068.15

From pivot-based levels:

Immediate supports: around 26,100, then 26,050–25,980
Immediate resistances: around 26,230–26,280, then 26,350+

“For the near term, as long as Nifty holds the 26,000–25,850 support zone, bulls are likely to buy dips. A sustained close back above 26,250–26,300 could reopen the path towards the previous record zone near 26,270 and beyond.”

🏦 Bank Nifty – 58,867.70

Using NSE / Investing historical data plus the earlier pivot map:

Support: first around 58,900–59,000, deeper support near 58,600–58,500
Resistance: back towards 59,400–59,600, then 60,000 psychological mark

“Bank Nifty cooled off to close just below 58,900. The index now has support in the 58,600–58,900 band, while resistance is seen again near 59,400–59,600, and a bigger hurdle at the round figure of 60,000.”

🟢 Sensex – 85,231.92

We don’t have official pivot levels published in the same style, but price action suggests:

Support: psychological zone around 85,000, then roughly 84,600–84,800
Resistance: recent high zone near 85,600–86,000

“On the Sensex, 85,000 remains an important reference level for short-term traders, while the recent peak zone around 85,600–86,000 will act as resistance unless fresh global tailwinds emerge.”

😬 Volatility, PCR & OI – India VIX Spikes

India VIX: jumped around 11–12% to roughly 13.4–13.6 today, as per NSE/Business Standard updates.

That’s still not a panic zone, but it’s a clear step up from the sub-13 comfort band seen earlier in the week.

From Thursday’s options data (still the latest detailed OI snapshot available):

Heavy Put OI near 26,000 on Nifty – strong short-term support.
Heavy Call OI near 26,500 – key resistance for the series.
Nifty PCR had climbed to around 1.4+, indicating more Put writing than Calls (bullish bias as of Thursday).

“Volatility ticked up, with India VIX near the mid-13 zone, reflecting more caution after the recent run to record levels. Options data still points to a working range between 26,000 on the downside and 26,500 on the upside for Nifty, with writers active at both ends of the band.”

💰 FII & DII Flow (Cash Market)

For 21 November 2025:

FIIs (Cash):
- Net sellers: -₹1766.05 crore
DIIs (Cash):
- Net buyers: +₹3161.61 crore

📦 IPO & Primary Market Highlights

The big talking point in the primary market right now is Capillary Technologies India:

IPO price: ₹577 per share.
Stock listed at around ₹560, roughly 3% below the issue price, but sentiment improved quickly.
Intraday, shares jumped up to roughly ₹630–633, meaning a recovery of 10–13% from the weak debut levels.

You can phrase it like this:

“In the primary market, Capillary Technologies made a soft debut, listing a few percent below its issue price of ₹577, but quickly staged a smart recovery with intraday gains of over 10%. The street is still debating valuations, so price action in the next few sessions will be watched closely by IPO investors.”

If you’re tracking others like upcoming SME IPOs, you can add a short line: demand remains selective and GMPs have turned more realistic after the recent volatility.

🪙 Commodities & Currency – End-of-Day Check

Gold & Silver (India)

From Goodreturns / Financial Express & other price trackers:

Approx all-India levels today (21 November 2025):

Gold 24K: about ₹12,400 per gram → roughly ₹1,23,980 per 10g
Gold 22K: about ₹11,365 per gram → roughly ₹1,13,650 per 10g
Silver: around ₹161 per gram → ₹1,61,000 per kg

You can write:

“In commodities, domestic gold stayed firm with 24K prices hovering near ₹1.24 lakh per 10 grams, while silver cooled off to around ₹1.53 lakh per kg, mirroring the softness in global precious metals.”

Crude Oil – Brent

Reuters and other trackers show Brent around the low-60s, roughly $62–63 per barrel, after another 1% drop on oversupply worries and geopolitical developments.

“Crude oil slipped further, with Brent near $62–63 per barrel, which is actually a supportive backdrop for an oil-importing country like India and helps keep inflation expectations in check.”

Currency – USD–INR

Daily FX trackers like Wise show USD–INR around 89.49 today, with the pair hitting an intraday high near 89.62.

“On the currency side, USD–INR hovered close to the 89.5–89.6 mark, with a slightly stronger dollar globally adding mild pressure on emerging-market currencies.”

💡 Short-Term vs Long-Term View

Short-Term – Traders’ Lens

For traders, today’s Indian Markets Post Market Report is about recognising that:

Nifty has cooled off from record levels but still holds above the big 26,000 mark.
Metals, PSU banks and broader financials saw clear profit-booking; some follow-through weakness is possible if global risk mood stays fragile.
Elevated VIX means position sizing and stop-loss discipline are important; intraday swings can expand quickly.

“In the very short term, traders will watch 26,000 on Nifty and 58,600–58,900 on Bank Nifty. As long as these zones hold, the broader uptrend remains intact and dips in strong sectors may still get bought, but metal and high-beta names could stay choppy if global sentiment doesn’t stabilise.”

Long-Term – Investors’ Lens

For investors, the bigger picture hasn’t changed much:

Earnings outlook for India remains constructive; recent quarters have been broadly supportive.
Domestic SIP and DII flows continue to act as a strong backbone for the market.
Valuations are not cheap, but structural growth drivers (consumption, infra, formalisation, tech, manufacturing) are still intact.

“For long-term investors, days like this are more about patience and stock selection than panic. Using broader corrections to gradually accumulate quality large-caps and sector leaders in banks, IT, autos, infra, consumption and telecom still looks more sensible than chasing every intraday bounce.”

⭐ Stock of the Day (for Study, Not a Call) – Maruti Suzuki

Let’s pick Maruti Suzuki as “stock of the day” from within Nifty 50:

Closed around ₹16,010, up 1.32% with good volumes.

“Stock of the Day (for study, not a recommendation): Maruti Suzuki. The stock gained about 1.3% to close near ₹16,000, bucking the negative market trend. For many traders, Maruti’s chart today is a clean example of how a large-cap leader can show relative strength on a weak index day – something worth revisiting for learning, even if you’re not taking a trade.”