The Indian stock market has reached a record high, fueled by optimism regarding possible interest rate cuts from the US Fed and the RBI in December, expectations for a resolution to the Russia-Ukraine conflict, a decline in the US dollar, and falling crude oil prices. The Nifty 50 achieved a record peak of 26,310.45 on November 27, yet concluded the day unchanged as profit-taking occurred at elevated levels. Interestingly, there is a lack of momentum in the mid and small-cap segments. Analysts suggest that the market could experience the next phase of the rally contingent upon a recovery in the broader market and favorable global indicators.
Ajit Mishra suggests that positive momentum may persist, with the Nifty 50 steadily progressing toward the 26,500 level. “On the downside, immediate support is positioned in the 26,100–26,050 range, with significant support located around 25,800. Traders should adopt a buy-on-dips strategy, emphasizing sectoral rotation and robust stock-specific setups,” stated Mishra.
Equities to Monitor:
- GAIL Shares will attract attention following the approval from the Petroleum and Natural Gas Regulatory Board (PNGRB) for an increase in pipeline tariff to Rs 65.69 from Rs 58.60/MMBtu. A report indicates that GAIL requested an increase in the tariff to Rs 78/MMBtu.
- Godrej Properties, Lodha, and other real estate stocks are anticipated to attract attention, as Jefferies indicates that new launch momentum is gaining traction in November following a slowdown during the festive season in October. Developers that are publicly listed have experienced a robust beginning to the year and anticipate a 25% increase in pre-sales for FY26. It was noted that Godrej Properties and Lodha are expected to achieve robust launches and sales in H2FY26.
- Whirlpool India shares are anticipated to remain in focus on Friday, November 28, as Whirlpool Mauritius, its promoter entity, has divested an 11.23% stake in the home appliances maker for Rs 1,489 crore through an open market transaction, in line with expectations. The development follows the announcement made by American home appliances leader Whirlpool Corporation in January of this year, detailing plans to reduce its stake in its Indian subsidiary, Whirlpool of India Ltd, to around 20% by mid- to late 2025. Based on the bulk deal data from the BSE, Whirlpool Mauritius Ltd has divested over 1.42 crore shares, which accounts for an 11.23% stake in Whirlpool’s Indian subsidiary.
- Wipro Shares will attract attention on Friday, November 28, following the company’s announcement on Thursday regarding a multi-year partnership with Odido Netherlands B.V. aimed at transforming its IT landscape and improving the customer experience across its enterprise and consumer segments. Wipro, in its press release, indicated that the aforementioned deal was referenced in its financial results announcement press release, dated October 16, 2025, for the quarter ending September 30, 2025, including a description of Odido but omitting the company’s name.
- LG Electronics India revealed a leadership reorganisation, promoting Sanjay Chitkara to Co-Chief Sales and Marketing Officer, aligning with its strategy to foster growth following its IPO. Yongchan Jung, who previously led manufacturing at the Noida facility, has been named the Chief Production Officer at LG Electronics India Ltd (LGEIL), according to a regulatory filing from the company. The company, which made its Rs 11,607 crore initial public offering in October, stated that the leadership reorganisation “is a strategic move to enhance management operations in the India market, empower Indian leadership, and fortify LGEIL’s organisational capabilities by improving local efficiencies.”
- Zydus Lifesciences attention will be directed towards following the receipt of tentative approval from the United States Food and Drug Administration (USFDA) for its type 2 diabetes treatment drugs. In a regulatory filing dated November 26, the drugmaker announced its plans to manufacture Empagliflozin and Linagliptin tablets in dosages of 10 mg/5 mg and 25 mg/5 mg at its formulation manufacturing facility located in SEZ, Ahmedabad. “Empagliflozin and Linagliptin Tablets (10 mg/5 mg and 25 mg/5 mg) in combination are indicated as an adjunct to diet and exercise to improve glycaemic control in adults with type 2 diabetes mellitus when treatment with both empagliflozin and linagliptin is appropriate,” it stated.
- Adani Enterprises has announced that its wholly owned subsidiary, Adani Airport Holdings Limited (“AAHL”), has assumed operational control of AGHPort Aviation Services Private Limited (“AASPL”). Consequently, AASPL has transitioned into a subsidiary of AAHL, thereby becoming a step-down subsidiary of the parent company. In a separate announcement, the company stated that Adani Defence Systems & Technologies Ltd, its wholly owned subsidiary, in collaboration with Prime Aero Services LLP, has finalized agreements to acquire a majority stake in Flight Simulation Technique Centre Pvt Ltd, India’s largest independent flight training and simulation provider, for an enterprise value of Rs 820 crore. FSTC manages a fleet of 11 state-of-the-art full-flight simulators alongside 17 training aircraft, providing an extensive range of pilot training services—from commercial pilot licenses to type ratings, recurrent training, and specialized skill courses.
- Ashoka Buildcon faces a temporary suspension from engaging in current or future NHAI bids for a duration of one month or until the Expert Committee’s investigation concludes, whichever occurs later. In its regulatory filing, the company disclosed that it has received a show cause notice (SCN) dated 26-11-2025 at 7:14 p.m., which was issued via email, concerning the construction of the six-lane Elevated Corridor from the Aroor to Thuravoor Thekku section of NH-66 (Km 366.330 to Km 379.082). The SCN addresses the incident concerning the collapse of two precast PSC girders, with one impacting a commercial vehicle, resulting in the driver’s death.
- Bandhan Bank announced on Thursday that its board has sanctioned the disposal of specified non-performing assets and written-off loan portfolios exceeding Rs 6,900 crore via a bidding and auction mechanism. The bank announced in a regulatory filing that the proposal received approval during its board meeting conducted today. The bank is set to invite bids using the Swiss Challenge method for the sale of non-performing asset portfolios that are over 180 days past due, with a principal outstanding amounting to Rs 3,212.17 crore as of September 30, 2025, as stated in the filing. The entity will pursue the auction method to divest its written-off loan portfolio, which has a principal outstanding of Rs 3,719.14 crore as of the specified date. The portfolios are categorized within the bank’s Emerging Entrepreneurs Business (EEB), which encompasses group loans as well as small business and agricultural loans, along with the Aspiring Business Group (ABG), as stated.
- Voltamp Transformers has obtained a letter of intent from Gujarat Energy Transmission Corporation Limited for around Rs 85.05 crore (inclusive of GST) for the provision of various ratings of power transformers.
- Emcure Pharma has notified the exchanges regarding the search and seizure/inspection operation carried out by the Goods & Service Tax Department in Mumbai, Maharashtra, at its offices. The operation commenced on November 24, 2025, at 12.15 p.m. and concluded on November 26, 2025, at 5.00 p.m.