Indian stock markets kicked off Thursday with renewed vigor, building on the previous day’s solid gains. Investors cheered robust global cues from Nvidia’s stellar earnings report, which reignited enthusiasm for technology and AI-driven growth. The BSE Sensex opened higher by over 150 points, while the Nifty 50 crossed the crucial 26,050 mark in early trade. Large-cap heavyweights like Adani Ports and Tech Mahindra led the charge with 1% gains each, signaling strong momentum in ports, infrastructure, and IT sectors.
As trading progressed, domestic indices shrugged off initial caution and marched upward. Renewed buying from foreign institutional investors (FIIs) and a sharp rebound in IT stocks propelled the benchmarks. This positive sentiment comes after the markets recovered impressively on Wednesday, erasing early losses amid fresh capital inflows and optimism around artificial intelligence advancements.
How Indian Indices Performed on November 20, 2025
Traders witnessed a buoyant start as the Sensex climbed 162 points right from the opening bell, driven by a rally in blue-chip stocks. Key contributors included Adani Enterprises and Reliance Industries, which emerged as top performers. By 9:20 AM IST, the Sensex stood at 85,348.14, up 0.19%, while the Nifty hovered around 26,096.85, reflecting a 0.17% increase.
Both benchmarks touched fresh 52-week highs during the pre-open session, with the Sensex peaking at 85,470.96 and the Nifty at 26,136. The Nifty Bank index also set a new record, surging to 59,326.65. This milestone underscores the resilience of banking and financial stocks amid expectations of steady economic growth.
Broader markets joined the rally, with midcap and smallcap indices posting modest gains. The Nifty Midcap 100 rose 0.41%, and the Nifty Smallcap 100 advanced 0.31%, highlighting widespread participation beyond large caps.
Sectoral Highlights: Winners and Laggards in Today’s Trade
Sectoral performance painted a mixed yet optimistic picture. Auto, metals, oil & gas, FMCG, and consumer durables sectors shone brightly:
- Nifty Auto leads with a 0.43% gain, fueled by strong demand outlook.
- Nifty Metal follows closely at 0.40%, benefiting from global commodity strength.
- Nifty Oil & Gas adds 0.35%, supported by stable energy prices.
- Nifty FMCG and Nifty Consumer Durables contribute smaller but steady upsides.
On the downside, media and realty sectors faced pressure, with Nifty Media dropping 0.34% and Nifty Realty slipping 0.14%. IT stocks started soft but showed signs of recovery later in the session.
Market breadth favored buyers decisively. Out of over 2,720 stocks traded on the NSE, 1,472 advanced against 1,155 declines. Additionally, 51 stocks hit 52-week highs, while 36 reached upper circuits, reflecting robust investor confidence.
Top Gainers and Losers on Nifty 50 Today
The Nifty 50 saw 34 constituents in the green during the opening hours. Standout performers included:
- Adani Enterprises (+1.21%) – Leading the pack on infrastructure and energy optimism.
- Reliance Industries (+0.98%) – Boosted by positive refining and telecom updates.
- Axis Bank (+0.96%) – Gaining from strong lending growth expectations.
- Adani Ports (+0.80%) – Riding high on cargo volume surges.
- Mahindra & Mahindra (+0.61%) – Supported by auto sector tailwinds.
Laggards dragged the index slightly:
- HDFC Life Insurance (-0.97%)
- Max Healthcare (-0.79%)
- Dr Reddy’s Laboratories (-0.61%)
- HCL Technologies (-0.60%)
- ONGC (-0.52%)
These movements highlight a shift toward value stocks in conglomerates and banking, even as select healthcare and oil names corrected.
Global Markets Rally on Nvidia’s Blockbuster Earnings
Overnight developments from Wall Street and Asia set a bullish tone for Indian shares. Nvidia, the AI chip giant, delivered explosive results, posting $31.9 billion in profit on $57 billion revenue – far exceeding forecasts. CEO Jensen Huang highlighted “off-the-charts” demand for AI infrastructure, easing fears of an overvalued tech bubble.
This triggered massive gains across Asian bourses:
- Japan’s Nikkei 225 jumps 4.00% to 50,480.87.
- Topix index rises 2.63%.
- South Korea’s Kospi surges nearly 3%.
- Shanghai Composite and Hang Seng also post solid advances.
U.S. markets closed higher on Wednesday, with the S&P 500 up 0.38%, Dow Jones 0.1%, and Nasdaq 0.59%. The Nvidia-fueled optimism spilled over, alleviating concerns about AI valuations and boosting semiconductor-related sentiment worldwide.
Commodities Update: Gold Prices Dip Amid Stronger Dollar
In commodities, gold faced headwinds as the U.S. dollar strengthened and traders scaled back bets on aggressive Federal Reserve rate cuts. Spot gold dipped 0.1% to around $4,077 per ounce, with U.S. futures falling 0.2% to $4,075.80.
The probability of a December rate cut now stands at just 33%, down sharply from earlier expectations, per CME FedWatch. Silver, platinum, and palladium, however, edged higher, providing some balance in precious metals.
FII and DII Flows: Institutional Buying Supports Upside
Data from the previous session revealed strong institutional support. FIIs net bought equities worth ₹1,580.72 crore, marking a reversal from recent outflows. DIIs added ₹1,360.27 crore, underscoring domestic confidence in India’s growth story.
This inflow resurgence aligns with improving global risk appetite, particularly post-Nvidia’s reassurance on AI spending.
Why Indian Stock Markets Remain Bullish in November 2025
Several factors converge to keep Dalal Street optimistic:
- AI and Tech Revival — Nvidia’s results validate massive capex in data centers and chips, benefiting Indian IT firms like Infosys (ahead of its ₹18,000 crore buyback) and TCS.
- Record Highs in Banking — Nifty Bank consistently hits new peaks, driven by healthy credit growth and asset quality.
- Foreign Inflows Return — Easing U.S. yield pressures and attractive valuations draw FIIs back.
- Corporate Earnings Momentum — Upcoming Q3 results and buybacks signal strong fundamentals.
- Macro Stability — Moderate inflation, stable rupee, and policy continuity bolster sentiment.
Volatility remains low, with India VIX at 11.85 (up marginally 1.02%), indicating calm waters ahead.
Key Levels to Watch for Sensex and Nifty Today
Technical analysts eye these critical zones:
- Sensex Support: 85,000 – 84,800
- Sensex Resistance: 85,500 – 85,700
- Nifty Support: 26,000 – 25,900
- Nifty Resistance: 26,200 – 26,400
A sustained move above 26,100 could propel Nifty toward all-time highs, while dips offer buying opportunities.
Investor Takeaways: Strategies for Navigating Today’s Market
Active traders should focus on momentum plays in Adani group stocks, Reliance, and select banks. Long-term investors can accumulate quality IT names on any weakness, given the global AI tailwind.
With markets less than 1% from record peaks, caution on overbought sectors like realty is advisable. However, the overall trend remains upward – dip-buying has rewarded participants handsomely this month.
Outlook for the Rest of November 2025 and Beyond
Analysts predict Nifty could test 26,500 by year-end if global cues stay supportive. Key triggers include U.S. jobs data, Fed commentary, and domestic Q3 earnings. Sectors like IT, banking, auto, and metals appear poised for outperformance.
India’s structural growth story – driven by digitalization, infrastructure, and consumption – continues to attract capital. As Nvidia’s success underscores, the AI revolution is just beginning, and Indian markets are well-positioned to benefit.
Stay tuned for intraday updates as Sensex and Nifty aim for fresh milestones. The bull run shows no signs of fatigue yet!
