Indian Markets Post Market Report–Nov26, 2025

Bulls roar back as Nifty reclaims 26,200; Bank Nifty hits fresh record high.

📊 Benchmark recap – how the market closed

After three sessions of weakness, Dalal Street finally got the big relief rally everyone was waiting for. By the close on 26 November 2025:

🔵 Nifty 50: 26,205.30

Nifty 50 up about ~ +320.50Points (1.23%)

🟢 Sensex: 85,609.51

Sensex gain of a little over ~ +1,022.50points (1.2%)

🏦Bank Nifty: 59,528.05

Bank nifty fresh all-time high, up around ~ +707.75points (1.2%)

This sharp bounce came after a phase of profit-booking linked to F&O expiry, FII selling and nerves around the interim India–US trade deal. Today’s strong close means the index has moved decisively back above the critical 26,000 zone that traders were watching very closely.

“In this Indian Markets Post Market Report Today, we track how Nifty 50 reclaimed 26,200, Bank Nifty hit a fresh record and Sensex closed comfortably above 85,600.”

🌍 Global cues & macro backdrop

The tone for the day was set by global risk-on sentiment:

US markets gained as fresh data on retail sales and consumer confidence increased the chances of a Fed rate cut in December.

Asian indices traded higher through the day, and that positive hand-off supported Indian equities from the opening bell.

On the structural side, a J.P. Morgan note projecting Nifty 50 at 30,000 by end-2026 (about 15% upside from current levels) added to the medium-term optimism, with the report highlighting steady growth, benign inflation and strong domestic flows as the key pillars.

“Global markets stayed supportive, rate-cut hopes improved risk appetite, and domestic growth plus earnings kept India in the ‘relative outperformer’ bucket – all of which helped today’s sharp rebound.”

🇮🇳🤝🇺🇸 India–US trade deal: sentiment driver, not yet a done deal

The interim India–US trade deal continued to sit in the background:

Recent reports suggest the first phase of the bilateral trade agreement is “close to being finalised”, with progress on tariff-related issues. At the same time, delays and uncertainty over the exact signing timeline have been one of the reasons for earlier bouts of selling and rupee volatility.

“The market is slowly shifting from ‘fear of delay’ to ‘wait-and-watch’ on the India–US trade deal. There’s no final signature yet, but headlines now talk more about progress and draft phases than breakdown.”

🏦📈 Sector performance – rally led by metals & financials

Today’s up-move was broad-based:

All major sectoral indices ended in the green.

Big leaders: Metals – supported by global risk-on and hopes of better global growth.

Banking & Financials, especially PSU banks, as rate-cut hopes and domestic credit growth stay strong.

Auto, realty and consumer names also participated in the rebound.

“In this Indian Markets Post Market Report Today, we see a classic ‘risk-on’ day – cyclicals and financials leading, defensives participating but not dominating.”

🏅 Top movers – 5 gainers & 5 laggards

🔺 Top 5 gainers (large-cap focus)

1.JSW Steel – up around 3.81% ,metal optimism plus domestic infra theme.

2.HDFC Life – up nearly 2.74% , life insurers back in favour as yields stabilise

3.Bajaj Finserv – up about 2.70%

4.Bajaj Finance – gains of a little over 2.48%

5.Reliance Industries – up around 1.96%, providing heavy-weight support to both indices

🔻 Top 5 under-performers

The market was so strong that even the “losers” didn’t fall much, but on a relative basis laggards included:

1.Bharti Airtel – around -1.61%

2.Adani Enterprises – roughly -0.77%

3.Eicher Motors – near -0.28%

4.Asian Paints – marginally negative -0.09%

5.SBI – largely flat to soft compared with the index move -0.06%

🧮 Key levels, support–resistance, OI & PCR view

Technical commentary today lines up with what you normally cover:

Nifty 50 Immediate resistance zone: 26,200–26,300 (today’s close is right into this band).

Support levels: First support around 25,800, then 25,675.

Options data show call build-up near 26,200–26,300 and put writing around 25,800–25,900, suggesting a short-term trading range around these levels.

Bank Nifty Closed comfortably above 59,500, which is now immediate support. Broader support cluster highlighted near 58,500, where multiple technical studies and moving averages converge.

India VIX : India VIX stayed below 12, around 11.94, slipping further, which confirms that today’s rally came with low fear and short covering rather than panic buying.

“With Nifty closing right at resistance and India VIX sitting below 12, the data suggest a bullish but not euphoric market – dips towards 25,800 are being watched as support, while 26,300–26,400 remains the immediate ceiling.”

📊 FII & DII flow

As of 26 November 2025, the most recent full-day data show:

FIIs were net buyers of ~₹4,778.03 crore in cash.

DIIs were net buyers of ~₹6,247.93 crore in cash.

🪙 Commodities & currency – gold, silver, crude & rupee

From the latest futures data:

Gold (MCX futures): moved higher, ₹1,26,098 +0.9–1.0%, as traders continued to price in lower US rates and demand for safe-haven hedges.

Silver: ₹1,59,250 also edged higher, tracking gold and global industrial-metal optimism.

🛢Brent Crude: $62.32, traded mixed to slightly soft; markets are balancing rate-cut hopes with supply headlines and geopolitical risk.

USD/INR: hovered near ₹89.20–89.30, with the rupee stabilising after being under pressure from trade-deal uncertainty and earlier FII outflows.

“Gold and silver firmed up, crude remained range-bound, and the rupee stabilised near 89.3 per dollar as hopes of an India–US trade deal and a Fed rate cut helped calm nerves.”

🚀 IPO and corporate action updates

Excelsoft Technologies IPO Listed today at ₹135, about 12.5% above the issue price of ₹120. Intraday, the stock traded in the ₹134–142 band, with traders booking quick listing gains but overall sentiment staying constructive for quality tech/SAAS listings.

Other ongoing themes from recent sessions include: Strong subscription and allotment buzz in select mid- and small-cap IPOs.

SEBI continuing to refine capital-raising and disclosure rules for issuers and intermediaries, which indirectly supports confidence in the primary markets.

🛡️ SEBI & regulatory highlights

For Q2 and regulatory flavour:

SEBI has recently proposed simpler, higher-threshold rules for duplicate share certificates, raising the simplified documentation limit from ₹5 lakh to ₹10 lakh. New and ongoing frameworks around multi-cap funds and AIFs keep the focus on transparency and investor protection.

💡 Investment view – short term vs long term (educational only)

Short-term traders:

Need to respect the 26,200–26,300 resistance on Nifty and 59,500–60,000 zone on Bank Nifty. With India VIX below 12, the market can still surprise with sharp intraday swings if any negative global headline hits.

Long-term investors:

The J.P. Morgan 30,000 Nifty 50 target by end-2026 is a reminder that institutions still see structural upside in Indian equities, driven by earnings, capex and domestic flows. Staggered investing, diversified portfolios and alignment with risk profile remain key – not chasing every intraday move.

⭐ Stock of the Day – JSW Steel

Given it was among the top gainers on Nifty 50 today, JSW Steel works well as your “Stock of the Day”:

Why it stood out today: Benefited from the rally in metal stocks, supported by global risk-on mood and expectations of stronger infra and capex spending.

Market angle: JSW Steel is often seen as a proxy for both domestic infrastructure demand and global steel cycles.

Caution note: Price is sensitive to global commodity cycles, Chinese demand and trade-policy news – including tariffs and any clauses in future trade deals.

Again, keep this as analysis, not advice.