Indian Markets Pre Market Report- Nov 20,2025

Indian Markets Pre Market Report Today (20.11.2025) for Nifty 50, Sensex and Bank Nifty.

Today’s Indian Markets Pre Market Report Today (20.11.2025) starts on a slightly positive note. Global cues are mixed but not scary, Gift Nifty is indicating a mild gap-up start, and India is still riding on strong domestic flows and ongoing Q2 FY26 results.

🌏 Global Cues & Gift Nifty

US markets: Overnight, US indices were flat-to-mixed. The Dow inched up, while the S&P 500 and Nasdaq were almost unchanged as traders waited for more clarity on US rate-cut timing and latest macro data.

Asia: Early Asian trade is mildly positive, with key indices in Japan and Hong Kong trading in the green, tracking the steady US session and firm commodity prices.

Gift Nifty

Gift Nifty futures (Nov 20, early session): around 26,150–26,160, up roughly 0.3% from yesterday’s Nifty 50 close.

This points to a slightly positive opening for the Indian market, with traders watching if the index can build on yesterday’s close.

🔁 Quick Recap – Yesterday’s Close

Nifty 50:

Close (19 Nov): 26,052.65 (+0.27%) Day’s range: 25,856.20 – 26,074.65

Sensex :

Close: 85,186.47 (+0.29%)

Bank Nifty:

Close: 59,216.05 (+0.08%), after a quiet session where PSU and large private banks saw stock-specific moves rather than index-wide momentum.

Overall, yesterday felt like a slow grind higher – no big fireworks, but the market quietly held gains, helped by select large-caps and ongoing Q2 FY26 result reactions.

📊 Key Index Levels – Support & Resistance

🔵 Nifty 50 – Technical View

With yesterday’s high near 26,075 and low around 25,856, the market has clearly shown where traders are defending and where they’re booking profits.

From options data, there is heavy open interest around 26,000 strike on both call and put sides, which effectively creates a “magnet” zone for prices.

Immediate support: ~25,850 (yesterday’s low) Next support: 25,700–25,750 (previous congestion + put OI cluster)

Immediate resistance: 26,200 Higher resistance: 26,500, where call writers are active according to derivatives reports.

👉 View: As long as Nifty stays above 25,850, bulls will probably use dips to add. A sustained move above 26,200–26,250 can open the door for a test of 26,500 in the coming sessions.

🏦 Nifty – Technical View

Derivatives and index commentary for Bank Nifty show it in a relatively tight band:

Close: 59,216.05

Support: near 59,000–59,100

Resistance: around 59,500–59,700, as highlighted in recent trade-setup notes.

👉 View: Financials are consolidating. A breakout above 59,700 could add fresh momentum; a slip below 59,000 may trigger quick intraday profit-booking.

🟢 Sensex – Key Zones

Given yesterday’s high near 85,236 and low around 84,526, the broad levels to track are:

Support: 84,500–84,600

Resistance: 85,500 (round psychological level just above recent high)

📉 Volatility, OI & PCR (India VIX logo)

India VIX: hovering around the 12–13 zone, indicating a relatively calm market, but from such low levels, any sudden global headline can still cause sharp intraday spikes.

Options data for Nifty shows:

Put writers active near 25,800–26,000

Call writers clustered towards 26,300–26,500

This suggests a working trading range with a slight upward bias as long as supports are not violated.

🧩 Major News & SEBI / Q2 Results Impact

🇮🇳🤝🇺🇸 India–US Trade & Policy Mood

Recent coverage around India–US trade and investment talks remains broadly constructive. Discussions continue on easing some tariff barriers and improving market access, which supports sentiment for export-oriented IT, pharma and speciality chemicals, even though there is no single “big bang” announcement overnight.

🏛️ SEBI Developments

SEBI has recently focused on reducing mutual fund costs by proposing lower Total Expense Ratio (TER) caps and pushing for more transparent fee structures, which is positive for long-term investors.

There is also continued emphasis on safer participation in algorithmic trading and improvements in IPO and block-deal frameworks, all aimed at protecting retail investors as market volumes grow.

While these do not move the index on a single day, they support confidence in the Indian equity market structure.

📈 Q2 FY26 Result Highlights

Q2 numbers keep trickling in:

IT & large-caps: Infosys is in focus with its large ₹18,000 crore buyback and healthy Q2 earnings, which helped the stock bounce recently.

Auto & consumer names like MRF have posted strong revenue and margin performance, boosting sentiment in select auto and consumption plays.

Mid-cap plays in logistics, appliances and infra trusts (e.g., NDR InvIT, Butterfly Gandhimathi) have also reported good YoY growth, keeping interest alive in quality mid-caps.

Overall, earnings remain supportive, even though stock reactions are now more selective after the strong rally.

📦 IPO & Primary Market Buzz (NSE/BSE IPO logo)

The IPO calendar is still busy:

Fujiyama Power Systems (Mainboard): Listing today, with grey-market premium indicating nearly flat listing around the upper band of ₹228.

Capillary Technologies: Strong demand with subscription of nearly 53x overall; GMP suggests a possible high-single-digit listing gain.

Excelsoft Technologies: Issue open 19–21 November, already fully subscribed on Day 1 with subscription around 1.45x and a positive grey-market premium of around ₹14–16 over the issue price.

This steady pipeline, along with talk of large new-age listings (Groww, Lenskart, Pine Labs, PhysicsWallah, etc.), keeps primary-market sentiment strong.

💰 FII & DII Flow – Cash Market

Provisional data for 19 November 2025 indicates:

FIIs (Foreign Institutional Investors): Gross buy ₹14,774.92 crore, Gross sell ₹13,194.20 crore → Net buy: +₹1,580.72 crore

DIIs (Domestic Institutional Investors): Gross buy ₹13,904.32 crore, Gross sell ₹12,544.05 crore → Net buy: +₹1,360.27 crore

The pattern of domestic money supporting the market remains intact.

🪙 Commodities & Currency (Gold, Silver, Crude, FX logos)

Latest available levels:

Gold (India, 24K): around ₹1,23,000 per 10g in the spot/retail market, after a mild bounce as global gold prices stabilise.

Silver: roughly ₹1,55,380 per kg, tracking the rebound mentioned in recent commodities commentary.

Brent Crude: about US$63–64 per barrel as of the latest close, with traders balancing supply headlines and global demand concerns.

USD–INR: the pair is hovering close to ₹88.58 per US dollar after closing near that level yesterday.

For Indian equities, this mix is manageable – currency is stable, crude is not spiking, and bullion is firm but not in panic mode.

🧠 Trading View – Short Term vs Long Term

📌 Short-Term Traders

For intraday and short-term traders, today’s plan usually revolves around the Nifty and Bank Nifty zones:

Watch 25,850 on Nifty as key intraday support. Upside zones to track are 26,200 first and then 26,500 if bulls get aggressive.

In Bank Nifty, 59,000–59,100 remains the line in the sand; above 59,700, momentum may pick up again.

Sectors showing relative strength after Q2 numbers (autos, select banks, infra/logistics, quality mid-cap consumption names) may continue to see buy-on-dips interest, while over-extended high-beta counters can face profit-taking.

🧾 Long-Term Investors

For long-term investors and SIP participants, nothing big has changed overnight:

SEBI’s push on lower mutual-fund TER and better disclosure is structurally positive. India remains one of the stronger growth stories globally with healthy corporate balance sheets and robust domestic savings moving into equities.

Using deeper market corrections below key supports to accumulate quality large-caps and sector leaders still looks like a sensible approach rather than chasing every intraday spike.

Indian Markets Pre Market Report-Nov20,2025