The Indian stock market exhibited a notable recovery, as the Sensex surged more than 500 points from its intraday low to finish in positive territory on Friday, November 14, following the Bihar elections 2025. The Sensex concluded the trading session with an increase of 84 points, reaching Rs 84,562.78, which represents a gain of 0.10%. Meanwhile, the Nifty 50 saw an uptick of 31 points, closing at Rs 25,910.05, reflecting a rise of 0.12%. Meanwhile, the BSE Midcap index experienced a slight decline of Rs 0.03%, while the Smallcap index noted a modest uptick of Rs 0.06%.
“Markets experienced a volatile session on Friday, with the benchmark fluctuating significantly in both directions before concluding with modest Rs gains.” The Nifty started off weakly, affected by muted global signals, and kept falling for most of the trading session. Nevertheless, a significant recovery in the last thirty minutes not only offset the declines but also elevated the index into positive territory. The Nifty wrapped up the trading session near the day’s high at Rs 25,910. Sectoral trends showed a varied performance, with pharma, FMCG, and financials ending in positive territory, while IT, metal, and auto experienced downward pressure. The mid-cap and small-cap indices showed a movement closely aligned with the benchmark, indicating a trend of selective participation rather than widespread purchasing activity. Markets continue to navigate through mixed signals. The significant decline in US equities has led to increased caution among participants, suggesting a potential for greater volatility in domestic markets without substantial local drivers. “On the other hand, supportive macro factors—particularly easing inflation and improving domestic demand indicators—are offering a cushion to the downside,” said Ajit Mishra.
Stocks to monitor today :
- Kotak Mahindra Bank recognized as the third-largest private-sector lender in India by market value, has announced that its board will evaluate a proposal for a stock split on November 21. If approved, this would represent the bank’s first stock split in 15 years.
- Tata Motors Passenger Vehicles has adjusted its full-year EBIT margin forecast to a range of Rs 0–Rs 2%, down from the previous estimate of Rs 5–Rs 7%. The company currently projects a free cash outflow estimated to be in the range of Rs 2.2 billion to Rs 2.5 billion.
- Maruti Suzuki has announced a recall affecting 39,506 Grand Vitara vehicles manufactured from December 9, 2024, to April 29, 2025, due to a potential issue with the speedometer that may lead to inaccurate fuel level readings.
- Lupin has announced that the United States Food and Drug Administration (US FDA) has completed a product-specific Pre-Approval Inspection (PAI) at its Unit-1 oral solid dosage manufacturing facility in Nagpur.
- Oil India reported a sequential net profit increase of 28%, reaching Rs 1,044 crore, alongside an 8.9% rise in revenue to Rs 5,456 crore.
- Glenmark Pharma reported a 72% rise in its adjusted profit for the second quarter on Friday, attributed to a recovery in the vital North American and European markets.
- Websol Energy System has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to establish a 4 GW integrated solar cell and module manufacturing facility in Andhra Pradesh.
Karnataka Bank
The bank has appointed Raghavendra S Bhat as its new Managing Director and CEO, effective November 16, with a tenure of one year.
ideaForge Technology
The company has secured defence contracts surpassing Rs 100 crore, including substantial orders for its newly launched ZOLT tactical UAV and the Hybrid SWITCH V2.
Inox Wind
The company achieved its highest Q2 performance to date, with revenue soaring by 56% to Rs 1,162 crore and EBITDA climbing by 48% to Rs 271 crore.