Taking Stock: Sensex gains 612 points, Nifty above 25,000; PSU Banks underperform

Market Today

Indian indices ended in strong note on August 26 with Nifty back above 25,000 and also inched closer to its record high, after Fed Chair Powell at its latest meeting hinted interest rate cuts in the near future.

At close, the Sensex was up 611.90 points or 0.75 percent at 81,698.11, and the Nifty was up 187.45 points or 0.76 percent at 25,010.60.

Biggest Nifty gainers were Hindalco, NTPC, HCL Technologies, Bajaj Finserv and ONGC, while losers included Apollo Hospitals, Hero MotoCorp, Adani Ports, Eicher Motors and Maruti Suzuki.

Except PSU Bank (down 0.5 percent), all other sectoral indices ended in the green with Information Technology, Metal, Oil & Gas, Realty up 1-2 percent.

The BSE midcap index was up 0.6 percent and smallcap index was up 0.2 percent.

Nearly 400 stocks touched 52-week high on the BSE including HCL Technology, Tech Mahindra, JSW Steel, HUL, Sun Pharma, PB Fintech, Gillette India, Indian Hotels, Persistent Systems, Voltas, Aurobindo Pharma, Glenmark Pharma, Coromandel International, among others. Click to View Full List

Outlook for August 27

Aditya Gaggar Director of Progressive Shares

Index	Prices	Change	Change%
Sensex	85,706.67	-13.71	-0.02%
Nifty 50	26,202.95	-12.60	-0.05%
Nifty Bank	59,752.70	15.40	+0.03%

Nifty 50 26,202.95 -12.60 (-0.05%)

Fri, Nov 28, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
M&M	3,757.30	76.10	+2.07%

Biggest Loser	Prices	Change	Change%
SBI Life Insura	1,966.00	-38.50	-1.92%

Best Sector	Prices	Change	Change%
No Best Sector details available.

Worst Sector	Prices	Change	Change%
No Worst Sector details available.

After an initial movement, the Index held its gains and oscillated in a thin range to settle at 25,010.60 with gains of 187.45 points. On a sectoral front, Metal (+2.16%) was the top performer followed by Realty (+1.76%) and IT (+1.39%) while PSU Bank (0.50%) was the major laggard. Mid and Smallcaps also remained rangebound and underperformed the Frontline Index.

With a strong bullish candle, the Index has filled its bearish gap zone which indicates a strong presence of bulls. The immediate hurdle is placed at the previous high of 25,078 while the downside seems to be protected at 24,870.

A strong close above 25,078 will be considered a breakout from a V-shaped pattern and in that case, the approximate target comes to 26,270.

Rupak De, Senior Technical Analyst, LKP Securities

The Nifty remained strong throughout the day. On the daily chart, a visible green candle has formed after two consecutive negligible red candles, suggesting improving sentiment. However, resistance is evident at 25,080, and a decisive move is needed to witness a rise toward 25,300. On the other hand, failure to move above 25,080 might trigger selling in the market, potentially bringing the index back toward 24,800.

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