Taking Stock: Market makes a smart recovery to snap 4-day losing streak; banks, metals shine

Man Industries | CMP Rs 394.5 | Man Industries stock gained over 2 percent after the company received nod from Shell Global for external, internal, and concrete coating of steel pipelines at Anjar, Gujarat. The assessment tested the performance of external, internal and concrete coating for steel pipelines.

The benchmark indices bounced back from the morning's low to breaks a four-day losing streak in yet another volatile session on April 19, helped by gains in banking and metal names.

At close, the Sensex was up 599.34 points, or 0.83 percent, at 73,088.33, and the Nifty was up 151.20 points or 0.69 percent at 22,147.

The market opened lower on reports of Israel's retaliatory missile strike on Iran and traded lower in the first half but turned around in the afternoon session, erasing the day's losses to end near the day’s high.

But, for the week, the Sensex and the Nifty50 were fell 1.5 percent each.

Bajaj Finance, M&M, HDFC Bank, Maruti Suzuki and JSW Steel were among the top gainers on the Nifty, while losers were Bajaj Auto, HCL Technologies, Divis Labs, TCS and Nestle India.

On the sectoral front, bank and metal indices were up a percent each, and the FMCG index was up 0.5 percent. Healthcare, IT, power and realty were down 0.3-0.6 percent.

The BSE midcap index was down 0.4 percent and the smallcap index flat.

Among individual stocks, a volume spike of more than 100 percent was seen in L&T Finance Holdings, Nalco and Atul.

Index	Prices	Change	Change%
Sensex	85,774.86	54.48	+0.06%
Nifty 50	26,222.25	6.70	+0.03%
Nifty Bank	59,795.30	58.00	+0.10%

Nifty 50 26,222.25 6.70 (0.03%)

Fri, Nov 28, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Adani Enterpris	2,311.20	56.20	+2.49%

Biggest Loser	Prices	Change	Change%
Shriram Finance	852.70	-14.95	-1.72%

Best Sector	Prices	Change	Change%
Nifty Auto	27743.70	140.00	+0.51%

Worst Sector	Prices	Change	Change%
Nifty Energy	35579.70	-176.50	-0.49%

A long buildup was seen in RBL Bank, Escorts and HDFC Bank, while Tata Communications, Lupin and ICICI Prudential Life Insurance Company saw a short buildup.

More than 150 stocks, including Avenue Supermarts, Bharti Airtel, Elecon Engineering, Force Motors, Indus Towers, JSW Energy, Just Dial and KSB Pumps touched their 52-week high on the BSE. Click to view full list

Outlook for April 22

Rupak De, Senior Technical Analyst, LKP Securities

On the daily chart, a piercing line pattern has formed, often indicating a bullish reversal following a correction. Additionally, the indicator has surpassed the 55EMA, a short-term moving average.

A close above this moving average signifies a positive short-term trend. Looking ahead, bulls may drive the Nifty's recovery towards 22,300.

A decisive break above 22,300 could trigger a sustained rally towards 22,600. On the downside, support on a closing basis is situated at 22,000.

Ajit Mishra–SVP, Research, Religare Broking

The rebound has eased some pressure after four successive days of decline but it is too early to assume that we are out of the woods. A decisive close above 22,300 in Nifty would pave the way for further recovery, else profit taking may resume.

Traders should maintain hedged positions amid prevailing swings and wait for clarity.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.