The primary benchmark indices of the Indian stock market, Sensex and Nifty 50, are anticipated to commence trading lower on Friday, reflecting the downturn observed in global markets. Asian markets experienced declines, and US equities also fell overnight, influenced by a sell-off in technology stocks. On Thursday, the Indian market exhibited robust performance, with both benchmark indices reaching their 52-week highs during the session. The Sensex experienced an increase of 446.21 points, representing a rise of 0.52%, concluding at 85,632.68. Meanwhile, the Nifty 50 saw an advancement of 139.50 points, which equates to a 0.54% gain, finishing at 26,192.15.
“The Nifty index demonstrated a significant advancement by exceeding its critical resistance levels with a strong bullish gap following four weeks of consecutive performance, indicating a substantial breakout supported by ongoing buying momentum.” The index persists in establishing higher lows, reinforcing a positive and technically robust framework. The previous psychological resistance at 26,000 has now evolved into a robust demand zone, thereby reinforcing the prevailing trend. On Thursday, the index increased by 139.50 points, closing at 26,192.15. This reflects a strong breakout and underscores the dominance of the bulls in the market. “With the index edging close to its all-time high, the improving price structure suggests that market momentum firmly remains in favour of buyers,” stated Dhupesh Dhameja.
Equities to Monitor :
- Reliance Industries has declared the cessation of Russian crude oil imports into its Special Economic Zone (SEZ) refinery located in Jamnagar, Gujarat, effective November 20. RIL announced that it has completely ceased importing Russian crude oil into its SEZ refinery, successfully transitioning to non-Russian feedstock in anticipation of forthcoming product-import restrictions. The transition was implemented on November 20, guaranteeing that all exports starting December 1 will rely exclusively on non-Russian crude.
- Hyundai Motor India has communicated to the exchanges that it has allocated an additional Rs 21.46 crore as the second tranche and has received 25,58,405 equity shares in FPEL TN Wind Farm Private Limited through private placement on November 20, 2025. Following the infusion of the second tranche, the company now possesses a 26.49 percent stake in FPEL TN Wind Farm Private Limited, with the total investment value amounting to Rs 38,05,07,367.10, as stated in its exchange filing.
- Tata Consultancy Services has engaged in a Securities Subscription Agreement and Shareholders’ Agreement (“Transaction Documents”) with TPG Terabyte Bidco Pte. Ltd. (“TPG Terabyte”) and HyperVault AI Data Center Limited, a wholly owned subsidiary of the company (“HyperVault”), concerning an investment in HyperVault (“Proposed Transaction”).
- JSW Energy has declared its status as the holding company of KSK Mahanadi Power Company Limited (KMPCL) and possesses substantial indirect ownership in Raigarh Champa Rail Infrastructure Private Limited (RCRIPL). “We wish to inform that the resolution plan submitted by the company for RCRIPL under the corporate insolvency resolution process has been approved by the Committee of Creditors, and the company has received a Letter of Intent from the Resolution Professional on November 19, 2025.” “The closure of the transaction shall be subject to approval from the National Company Law Tribunal,” JSW Energy stated in an exchange filing.
- Adani Ports and Special Economic Zone has confirmed the ratings for Adani Ports and Special Economic Zone, sustaining a CRISIL AAA/Stable rating for its bank facilities and non-convertible debentures. The company’s commercial paper rating has been reaffirmed at CRISIL A1+.
- Nestlé India has sanctioned the appointment of Mandeep Chhatwal as an Additional Director (Non-Executive Director) of the company, effective January 1, 2026, pending shareholder approval.
- 360 ONE WAM has sanctioned the establishment of its wholly owned subsidiary (“New Subsidiary”) to engage in fund management operations in Gujarat International Finance Tec-City (“GIFT City”). The company stated in an exchange filing that upon incorporation, the new entity will function as a step-down wholly owned subsidiary.
- Alkem Laboratories has unveiled the introduction of DSS, the original De Simone formulation probiotic blend in India, aimed at restoring gut microbiota balance and addressing various gut-related health conditions.
- Zaggle Prepaid Ocean Services announced the signing of a 36-month agreement with BIBA Fashion Limited for the provision of its enterprise platform, Zaggle Zoyer. The collaboration enhances Zaggle’s footprint in the retail and fashion industry, although the specifics of the contract value remain undisclosed.
- Kotak Mahindra Bank Shares are set to attract attention as the lender evaluates a stock split today.
- Hyundai Motor India shares are expected to attract attention as the company has made an additional investment of Rs 21.46 crore, marking the second tranche in FPEL TN Wind Farm Private Limited.
- Groww Shares will attract attention as the company is set to announce its financial results for the quarter ending September 30, 2025 (Q2 FY26), today. On Tuesday, the company disclosed in its regulatory filing that it will conduct an earnings conference call on Friday, November 21, 2025, at 04:00 p.m. to review the unaudited financial results. On Monday, the company announced that a meeting of the Board of Directors is set for Friday, November 21, 2025. The agenda includes the consideration and approval of the unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2025.
- AWL Agri Business is poised to divest as much as a 7% stake in the company through block deals. The offer size stands at Rs 2,501 crore, with a designated floor price of Rs 275 per share.
- Godrej Properties announced that it has exceeded its business development annual guidance of Rs 20,000 for FY 26 through the acquisition of a nearly 75-acre land parcel in Nagpur. This marks the third acquisition in the city within the last four years, highlighting its robust momentum and strategic emphasis on emerging growth corridors. The project on this land will consist mainly of plotted residential units, providing an estimated saleable area of approximately 1.7 million square feet.
- PVR INOX, a prominent multiplex operator, plans to expand by adding 100 screens in the current fiscal year. However, Executive Director Sanjeev Kumar Bijli indicated on Thursday that a review may lead to the closure of 10-15 non-performing screens. PVR INOX is strategically expanding its footprint, with 60% of screen additions originating from its established top markets. Additionally, the company is exploring opportunities in smaller markets, offering competitive ticket pricing in the range of Rs 150-200. Furthermore, it is concentrating on Southern states, which the company identifies as a crucial market for expansion, Bijli noted.
- Mahindra & Mahindra is targeting an eightfold increase in consolidated revenue for its auto sector by FY30, relative to FY20, with a strong focus on SUVs and light commercial vehicles. The consolidated revenue of the group’s auto sector reached Rs 90,825 crore in FY25, reflecting a growth of 3.2 times compared to FY20, as stated in its investor presentation. Articulating its goal “to be the world’s fastest growing SUV brand”, the group stated that its “authentic ‘adventure-ready’ products” will not only penetrate the 70% of the Indian passenger vehicle market but will also “go global”, aiming at right-hand drive markets in the UK, Australia, New Zealand, and South Africa, in addition to the left-hand drive market in Europe.
- IRB Infra announced that it has presented its Gandeva Ena project, which is a component of the forthcoming Delhi-Mumbai Greenfield Expressway project, to IRB InvIT Fund. IRB Infrastructure Developers announced that the project encompasses a 27.5 km (220 lane km) stretch, with a total expenditure of Rs 1,702 crore. The company board has sanctioned the initial non-binding proposal for the transfer of the specified project to the IRB InvIT Fund, which is a publicly offered and listed Infrastructure Investment Trust sponsored by the company, it added. Virendra D Mhaiskar, Chairman and Managing Director of the Company, stated, “This step aligns with our bid-execute-stabilise-transfer strategy to unlock capital and drive growth.”