Both benchmark indices — the Sensex and Nifty 50 — concluded trading on Friday, November 28, nearly unchanged as investors realized profits at elevated levels and maintained a cautious stance ahead of the Q2 GDP data. Conflicting signals from international markets contributed to a cautious sentiment. The Sensex declined by 14 points (0.02%), concluding at 85,706.67, whereas the Nifty 50 fell by 13 points (0.05%), finishing at 26,202.95. In the context of broader indices, the BSE Midcap index experienced a slight decline of 0.04%, while the Smallcap index recorded a decrease of 0.13%.
On November 28, Indian markets concluded the day nearly unchanged, with the Nifty remaining around the 26,200 mark. Sentiment showed improvement after the constructive advancements made in the India–US trade negotiations. With Q2 GDP and IIP data set to be released soon, the overall outlook appears positive, and the forthcoming figures are anticipated to confirm the improving macro environment. At the end of the trading session, the Sensex decreased by 13.71 points, representing a decline of 0.02%, closing at 85,706.67. Meanwhile, the Nifty fell by 12.60 points, or 0.05%, finishing at 26,202.95. Midcap and small-cap indices concluded the session with a lackluster performance. According to the source, “Sector-wise, pharma, media, and auto advanced 0.5–1%, while power, oil & gas, and telecom registered declines of 0.5–0.7%.”
Equities to Monitor :
- HDFC Bank – The RBI has imposed a penalty of Rs 91 lakh due to breaches of the Banking Regulation Act and non-compliance with guidelines concerning interest rates, outsourcing procedures, and KYC requirements.
- Lenskart reported strong Q2 results, with net profit rising 19.7% year-on-year to Rs 102.2 crore and experiencing a significant increase of 70.3% compared to the prior quarter.
- NCC – In addition to securing a substantial order of Rs 2,062.71 crore, the company successfully acquired three additional contracts in November, totaling Rs 530.72 crore.
- Waaree Energies announced on November 28, 2025, that it has secured a new order to supply 140 MW of solar modules to a domestic renewable energy developer, with the one-time delivery scheduled for FY26.
- Groww has invested Rs 104.47 crore into its subsidiary, Finwizard Technology (FTPL), through participation in a rights issue.
- JK Tyre has established December 24, 2025, as the record date for the allocation of shares in connection with its merger with Cavendish Industries Ltd, subsequent to the scheme’s endorsement by the NCLT Jaipur Bench.
- Tata Technologies has completed its €75 million acquisition of Germany’s Es-Tec Group ahead of schedule, strengthening its position as a global engineering and R&D partner for top automobile manufacturers.
- Tejas Networks has successfully obtained Rs 84.95 crore from the Ministry of Communications through the PLI scheme aimed at telecom and networking products. The initial payment accounts for 85% of the qualifying incentive for Q4 FY24–25, with the balance to be distributed according to the established guidelines of the scheme.
- ICICI Bank has issued 3,945 non-convertible debentures (NCDs) with a face value of Rs 1 crore each, amounting to a total of Rs 3,945 crore, for cash, via a private placement to chosen investors.
- NTPC – The National Company Law Tribunal (NCLT) in Delhi has approved the Resolution Plan put forth by the consortium of Maharashtra State Power Generation Company (MAHAGENCO) and NTPC for Sinnar Thermal Power (STPL), which has been in the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code.
- SBI Shares are anticipated to experience significant trading activity on Monday, December 1, following remarks from the C. S. Setty. He indicated that with the resurgence in economic activity, the lender is observing a distinct recovery in corporate credit demand and projects that this segment will achieve double-digit growth in the remaining two quarters of the current financial year.
- ITC, Godfrey Philips – On Monday, December 1, shares of tobacco and tobacco product companies, including ITC Ltd, Godfrey Philips, and VST Industries, are anticipated to attract significant attention. This comes as news reports indicate that the government plans to introduce two bills in the Lok Sabha aimed at imposing excise duty on tobacco and tobacco products, along with a new cess on the manufacturing of pan masala.