Indian Stock Market Trade Range Bound as Sector Rotation and Global Cues Shape Sentiment

Market Update at 12:30 PM:

Indian equity benchmarks were trading marginally higher in mid day, led by gains in Realty, PSU Bank, Pharma and Metal stocks. Traders took some support as the Reserve Bank of India (RBI) in its latest data showed that the improvement in all major sectors has led to an 8% growth in the sales of listed private non-financial companies during the second quarter of the current fiscal (Q2FY26) against 5.5% growth in the preceding three months.

BSE Sensex is currently trading at 84920.72, up by 0.03% after trading in a range of 84775.76 and 85110.24. There were 15 stocks advancing against 15 stocks declining on the index. The broader indices were trading in green; the BSE Mid cap index rose 0.03%, while Small cap index was up by 0.14%.

The top gaining sectoral indices on the BSE were Realty up by 1.27%, PSU Bank up by 1.19%, Pharma up by 0.66% and Metal up by 0.64% while Media down by 0.62% and IT down by 0.65%.

The Top Gainers on the Sensex were Bharat Electronics up by 1.82%, SBI up by 1.57% and Reliance Industries up by 0.63%. On the flip side, Infosys down by 1.28%, HCL Technologies down by 0.99% and Adani Ports down by 0.71%.

The top gainers on Nifty were Dr Reddy Lab up by 1.77%, Bharat Electronics up by 1.73% and SBI up by 1.52%. On the flip side, Adani Enterprises down by 2.26%, Infosys down by 1.34% and Tata Consumer Product down by 1.04%.

Market Update at 10:00 AM:
Indian equities began Tuesday’s session on a cautious note, trading slightly lower on November 25, as weakness in IT and oil & gas stocks outweighed optimism around a potential US Federal Reserve interest rate cut in December. In contrast, metal and PSU bank stocks traded in the green.

At the opening bell, the S&P BSE Sensex gained 100 points, or 0.1%, to 85,008, while the NSE Nifty 50 inched up 40 points, or 0.1%, to 25,998.

Among Sensex constituents, shares of Power Grid, Infosys, HCL Tech, M&M, ICICI Bank and NTPC declined by up to 1%. The broader market reflected the muted sentiment as well, with both Mid-Cap and Small-Cap indices slipping 0.10% each.

Pre-Market Update at 7:40 AM:

On Tuesday, November 25, equity benchmark indices the Sensex and Nifty 50 are expected to open flat amid positive trends in the global markets.

Trends on the GIFT Nifty indicate a positive start, with the index trading 14 points higher at 25,979 around 7:19 AM. Asian markets traded higher, while the US stock market rallied overnight, driven by a rally in technology stocks.

On Monday, November 24, Foreign Institutional Investors (FIIs) were net sellers, selling equities worth ₹4,171 crore. Domestic Institutional Investors (DIIs) continued their positive stance, buying equities worth ₹4,512 crore, marking their 22nd consecutive session of net inflows.

On Monday, the Indian stock market ended lower amid profit booking across segments, with the benchmark Nifty 50 slipping below 26,000 level. The Sensex declined 331.21 points, or 0.39%, to close at 84,900.71, while the Nifty 50 settled 108.65 points, or 0.42%, lower at 25,959.50.

The US stock market ended higher on Monday on increased odds that the US Federal Reserve will lower its Fed funds target rate in December. US Federal Reserve Governor Christopher Waller said he supports an interest-rate cut in December. However, he noted that beginning January, the central bank could adopt a more flexible, meeting-by-meeting approach as it assesses a large volume of incoming economic data.

The Dow Jones Industrial Average gained 202.86 points, or 0.44%, to 46,448.27, while the S&P 500 rallied 102.13 points, or 1.55%, to 6,705.12. The Nasdaq Composite closed 598.92 points, or 2.69%, higher at 22,872.01. Tech stocks saw a rally, Nvidia share price rose 2.05%, AMD stock price jumped 5.53%, Amazon shares gained 2.53%, Apple shares added 1.63% and Alphabet stock price jumped 6.28%. Meta Platforms shares rallied 3.16% and Tesla stock price surged 6.82%.

US President Donald Trump described US–China relations as “extremely strong” after holding a phone conversation with Chinese President Xi Jinping. Trump stated that he has accepted Xi’s invitation to visit Beijing in April and added that he, in turn, has invited Xi for a state visit to the US later next year.

Over the past 4-5 days, the US dollar held gains against the Japanese yen, reaching around 156.7 yen per dollar as of November 24, 2025. This marked a continuation of the dollar's strength against the yen, maintaining levels near a 9-month high.
Gold prices traded higher with spot gold prices rose to $4,134.4 per ounce. Crude oil prices traded lower. Brent crude oil fell 0.17% to $63.26 a barrel, while the US West Texas Intermediate (WTI) crude futures declined 0.12% to $58.77.

Disclaimer: The article is for informational purposes only and not investment advice.