Taking Stock: Sensex down 519 pts, Nifty below 25,600; mid, smallcaps drag

Market Today

Indian equity indices ended lower on November 4 with Nifty finishing below 25,600 amid selling across the sectors barring telecom and consumer durables.

Amid mixed global cues, the Indian indices opened marginally higher but failed to build on the gains and traded lower for the rest part of the session, with Nifty hitting day's low at 25,592.65.

At close, the Sensex was down 519.34 points or 0.62 percent at 83,459.15, and the Nifty was down 165.70 points or 0.64 percent at 25,597.65. BSE midcap index fell 0.2% and smallcap index shed 0.7%.

Also Read: SBI Q2 net profit rises 10% YoY to Rs 20,160 crore

The market will remain shut on November 5 on account of Prakash Gurpurb Sri Guru Nanak Dev (Guru Nanak Jayanti).

Biggest Nifty losers were Power Grid Corp, Coal India, Tata Motors Passenger Vehicles, Bajaj Auto, Eternal, while gainers included Titan Company, Bharti Airtel, Bajaj Finance, HDFC Life, M&M.

Except consumer durable and telecom, all other sectoral indices ended in the red with IT, auto, FMCG, metal, power, realty, PSU indices down 0.5-1%.

Also Read: Adani Ports and SEZ Q2 net profit rises 29% YoY to Rs 3,120 crore; revenue up 30%

Index	Prices	Change	Change%
Sensex	82,837.99	-473.02	-0.57%
Nifty 50	25,374.70	-135.00	-0.53%
Nifty Bank	57,282.75	-271.50	-0.47%

Nifty 50 25,374.70 -135.00 (-0.53%)

Fri, Nov 07, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Max Healthcare	1,132.40	7.00	+0.62%

Biggest Loser	Prices	Change	Change%
NTPC	322.50	-4.15	-1.27%

Best Sector	Prices	Change	Change%
Nifty Pharma	22229.50	-21.00	-0.09%

Worst Sector	Prices	Change	Change%
Nifty IT	35008.10	-329.50	-0.93%

In stock-specific action, Bharti Airtel hits 52-week high on better Q2 earnings, Titan Company shares rose 2% on strong Q2 earnings, Power Grid Corporation of India share price declined 3% on weak Q2 results, Hero MotoCorp share price slipped over 4% after weak sales for October 2025, One MobiKwik shares slipped 5% as Q2 net loss widens to Rs 28.6 crore.

SJS Enterprises share price added 6% after Q2 profit jumps 48%, 3M India share price surged 16% on robust Q2 earnings, City Union Bank share price jumped 4% as Q2 profit rises 7%, JK Paper shares fell 3% as Q2 consolidated profit dips 41%, Niva Bupa Health Insurance Company shares added 3% on reporting losses in Q2, Blue Cloud shares rose 10% on signing USD 150 million Technology Ownership Transfer agreement with Israel-based technology firm, Snowman Logistics shares fell 5% on posting losses in Q2.

Also Read: MCX incident not ideal, further action will be on basis of final analysis: SEBI chief Tuhin Kanta Pandey

140 stocks touched their 52-week high on the BSE, including City Union Bank, MRPL, Asahi India, Delhivery, Titan Company, Bharti Airtel, BPCL, IOC, Laurus Labs, SBI. HPCL, eClerx Services, L&T Finance, Shriram Finance, SBI Life Insurance, Bank of India, MCX India, among others. Click to View More

Outlook for November 6

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices witnessed selling pressure. The Nifty ended 166 points lower, while the Sensex was down by 519 points. Among sectors, almost all the major sectoral indices registered selling pressure, but the Defence, Capital Market and Metal indices shed nearly 1.50 percent. Technically, on intraday charts, the market is holding a lower top formation, and on daily charts, it has formed a bearish candle, which indicates further weakness from the current levels.

We are of the view that, as long as the market is trading below 25,700/83750, weak sentiment is likely to continue. On the downside, the market could slip to 25,550/83300. Further weakness may also persist, which could drag the market to 25,450–25,400/83000-82800. On the flip side, above 25,700/83750, the market is likely to bounce back to 25,800/84100 and 25,875/84400.

The current market texture is volatile; hence, level-based trading would be the ideal strategy for day traders.

Ajit Mishra – SVP, Research, Religare Broking

Markets edged lower on the weekly expiry day, with the Nifty 50 slipping 0.7% to close at 25,600. After a flat start, the index faced sustained selling pressure and gradually drifted lower through the session, eventually settling near the day’s low. Sectorally, all major indices ended in the red, with metals and IT among the top laggards. The broader markets also witnessed pressure, declining in the range of 0.46% to 0.8%, reflecting a broad risk-off sentiment.

Profit-taking across heavyweight sectors dampened overall mood, while risk appetite remained subdued amid weak global cues. Additionally, inconsistent foreign institutional investor (FII) flows further added to the cautious tone.

Technically, the Nifty retested its 20-day EMA, and a sustained move below this level could weaken the positive bias, potentially extending the corrective phase toward 25,400. On the upside, 25,800 is likely to act as an immediate hurdle. Traders are advised to align positions accordingly and maintain a strong focus on risk management until a clear directional trend emerges.

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