Taking Stock: Six-day gaining streak snaps, Nifty below 24,900, Sensex down nearly 700 pts

Market Today

Benchmark equity indices ended the week on a negative note, snapping a six-day gaining streak, with the Nifty 50 closing below 24,900 on all-round selling across sectors barring media and pharma.

After flat-to-negative start, indices extended the fall to end near day's low, ahead of US Federal Reserve Chair Jerome Powell’s comments at the Jackson Hole symposium tonight.

At close, the Sensex was down 693.86 points or 0.85 percent at 81,306.85, and the Nifty was down 213.65 points or 0.85 percent at 24,870.10. BSE Midcap and Smallcap indices ended lower.

For the week, BSE Sensex and Nifty added a percent each.

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M&M, Bharat Electronics, Maruti Suzuki, Bharti Airtel, Titan Company were among major gainers on the Nifty, while losers were Asian Paints, Grasim Industries, Adani Enterprises, Hero MotoCorp, UltraTech Cement.

Among sectors, media index rose 1%, and pharma index added 0.4%, while metal, IT, FMCG, oil & gas, PSU Bank, Private Bank, realty fell 0.5-1%.

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Index	Prices	Change	Change%
Sensex	83,535.35	319.07	+0.38%
Nifty 50	25,574.35	82.05	+0.32%
Nifty Bank	57,937.55	60.75	+0.10%

Nifty 50 25,574.35 82.05 (0.32%)

Mon, Nov 10, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Infosys	1,513.50	36.70	+2.49%

Biggest Loser	Prices	Change	Change%
Trent	4,283.70	-343.60	-7.43%

Best Sector	Prices	Change	Change%
Nifty IT	35688.30	570.70	+1.63%

Worst Sector	Prices	Change	Change%
Nifty FMCG	55334.40	-102.80	-0.19%

In stock-specific action, Texmaco Rail shares gained on order win, R Systems share price added 6% on a Rs 400 crore acquidsition, Lokesh Machines shares added 10% on receiving registration certificate from Ministry of Defence.

Edelweiss Financial shares fell 3% on plans to sell up to 15% stake in Edelweiss Asset Management & Edelweiss Trusteeship for Rs 450 crore, Choice International added nearly 2% on winning project of Rs 140 crore, Foseco India shares rose 13% on acquiring stake in Morganite Crucible for Rs 654 crore, PTC Industries share price gained 2.5% after bagging a Rs 110 crore order from Brahmos.

More than 140 stocks touched their 52-week highs on the BSE, including Procter Gamble, UNO Minda, Lemon Tree Hotels, Paytm, JM Financial, Cummins India, HBL Engineering, HDFC AMC, Nippon Life India Asset Management, L&T Finance, CreditAccess Grameen, Apollo Hospitals, Sai Life Sciences, AB Capital, among others. Click to View More

Outlook for August 25

Rupak De, Senior Technical Analyst at LKP Securities

After a steady run-up, Nifty paused on Friday, suggesting a brief consolidation before the next leg higher. The index continues to hold above the 50 EMA, reinforcing the short-term uptrend.

On the downside, support lies at 24,800; staying above this level keeps the trend intact with scope for an advance towards 25,000–25,250.

Shrikant Chouhan, Head Equity Research, Kotak Securities

Global equity markets were mixed over the past one week, while the Indian equity markets outperformed most markets on a weekly basis. The Nifty 50 and the Sensex 30 indices inched ~1% higher during the week. The BSE midcap and the smallcap indices outperformed the larger peers with weekly gains of 2-2.5%. Almost all the key sectoral indices closed the week with positive gains. The market saw sharp rally in select sectors like automobiles, cement, consumer staples, select consumer durables and some NBFC’s amid government's plan for GST rationalization.

Auto sector was a clear outperformer whereas BSE Bankex and BSE Power indices underperformed on a relative basis. On the macro front, the RBI MPC minutes highlighted the need for a pause to allow the transmission of policy actions, while remaining wary of evolving external sector uncertainties. Adjusted net profits of the Nifty-50 Index in Q1FY26 increased 7.5% yoy as compared to our expectations of 4% yoy growth. With result season behind us, the focus will be on global and domestic macroeconomic factors.

Equity markets would keenly watch for any announcements with respect to tariffs, as India faces the risk of 50% US tariffs from August 27. On the domestic front, good monsoon, lower inflation and interest rates, lower oil prices and Government efforts to boost consumption are positives.

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