Taking Stock: Nifty ends below 26,000 ahead of monthly expiry, Sensex dips 331 points; IT outperforms

Market Today

A volatile trading session on November 24 saw the benchmark indices end lower amid selling across sectors barring the IT pack ahead of monthly expiry, with the Nifty 50 index closing below the 26,000 mark.

The market failed to build on to early gains, and following a last-hour selling, Sensex ended down 331.21 points or 0.39 percent at 84,900.71, while the Nifty 50 closed down 108.65 points or 0.42 percent at 25,959.50. Broader market indices underperformed the key indices, with BSE midcap down 0.3 percent while smallcap index shed 0.8 percent.

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Tech Mahindra, Eicher Motors, Bajaj Auto, Wipro, Infosys are among major gainers on the Nifty, while losers are JSW Steel, Bharat Electronics, Max Healthcare, Grasim Industries, Dr Reddys Labs.

Among sectors, except IT, all other indices ended in the red with media, metal, realty, pharma, oil & gas, FMCG down 0.4-1 percent.

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In stock-specific action, HAL shares dropped 3 percent on the sentimental impact following the Tejas fighter jet crash during a Dubai airshow, RNIT AI Solutions shares jumped 4 percent on strategic partnership with Ajnihat Alnajah Group LLC, CG Power shares fell 4 percent on order cancellation, Embassy Developments shares fell 3 percent despite the launch of six residential projects. Natco Pharma shares fell 3 percent after observations from USFDA, Lupin shares shed 1.5 percent on observations from USFDA, Vdeal System shares rose 4 percent on order from Kalpataru Projects, Sical Logistics shares added 5 percent on Railways' approval to commission Gati Shakti Cargo Terminal.

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Index	Prices	Change	Change%
Sensex	84,587.01	-313.70	-0.37%
Nifty 50	25,884.80	-74.70	-0.29%
Nifty Bank	58,820.30	-15.05	-0.03%

Nifty 50 25,884.80 -74.70 (-0.29%)

Tue, Nov 25, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Hindalco	789.35	14.70	+1.90%

Biggest Loser	Prices	Change	Change%
Adani Enterpris	2,332.90	-66.30	-2.76%

Best Sector	Prices	Change	Change%
Nifty PSU Bank	8486.50	120.75	+1.44%

Worst Sector	Prices	Change	Change%
Nifty IT	36826.90	-211.00	-0.57%

Nearly 100 stocks hit 52-week high, including Asahi India, M&M Financial, Federal Bank, Eicher Motors, Shriram Finance, Axis Bank, Hero MotoCorp, among others. Click to View More

On the other hand, more than 300 stocks hit 52-week low, including Chambal Fertilisers, Deepak Nitrite, Tejas Networks, Cohance Life, PCBL Chemical, SJVN, Sheela Foam, Jindal Saw, United Breweries, Colgate Palmolive, Thermax, KNR Construction, CG Consumer, Vedant Fashions, SKF India, Bata India, Clean Science, among others. Click to View More

Outlook for November 25

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

Nifty closed about 108 points lower, reflecting profit booking and a short term pause after its recent rally rather than a confirmed trend reversal. The medium term technical setup remains positive, but the index is in a weak trend with volatility and late session selling as per short term perspective.

A long bear candle has been formed on the daily chart on Monday which indicates an emergence of selling pressure in the market from near all time highs. This is not a good sign and this market action suggests chances of more weakness in the short term.

The underlying short term trend of Nifty seems to have reversed down. Further weakness from here could drag Nifty down to the next important support of 25700 levels in the next few sessions. However, the upper area of 26200-26300 levels could provide strong resistance for the market in the near term.

Ajit Mishra – SVP, Research, Religare Broking

Markets traded with a subdued bias on Monday, ending nearly half a percent lower. After a positive start, the Nifty index moved in a narrow range for most of the session, but a sharp decline in the final half hour dragged it lower. It eventually settled at 25,959.50, down 0.42%.

Sectorally, all major indices—barring IT—closed in the red, with realty, metal, and energy leading the losses. Broader market sentiment was also weak, as both the midcap and smallcap indices closed in the red, reflecting caution ahead of key global events and the monthly derivatives expiry.

The muted performance was driven by risk aversion amid global uncertainties and continued FII selling, which overshadowed domestic resilience.

With the monthly expiry scheduled for Tuesday, volatility is likely to remain elevated. We expect the Nifty to hover within the 25,800–26,100 range. Meanwhile, participants should maintain a stock-specific approach and use dips or periods of consolidation to gradually accumulate quality names.

Disclaimer: The views and investment tips expressed by 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 decision.