As the week drew to a close, Indian equity markets showcased a tug-of-war between bulls and bears. Despite a mid-week recovery, Nifty 50 once again failed to sustain above the crucial 25,500 mark, ending slightly in the red for the second straight week.
However, there was one clear outperformer — Bank Nifty, which stood tall amid the volatility, powered by strength in financial counters.
📊 Market Recap: Week at a Glance
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 25,492 | 🔻 -17 | (-0.07%) |
| Sensex | 83,216 | 🔻 -95 | (-0.11%) |
| Bank Nifty | 57,877 | 🔺 +323 | (+0.56%) |
Bottom-line: A cautious finish to the week, with traders preferring to stay defensive ahead of global cues and FII activity.
🔍 Technical Snapshot – Riddhi Siddhi Research Desk
- Nifty CMP: 25,492
- Support Levels: 25,351 / 25,188
- Resistance Levels: 25,800 / 25,952
- Range: 25,379 – 25,664
- Trend: Negative
Moving Averages:
- 21 DMA – 25,611
- 50 DMA – 25,202
- 100 DMA – 25,110
- 200 DMA – 24,375
💬 “A close above 25,800 remains crucial for any meaningful rebound,” – Riddhi Siddhi Share Brokers Research Team
📈 Market Breadth & Key Indicators
- Advance–Decline Ratio: 29 – 21 (in favor of bulls)
- India VIX: 12.55 🔺 (+1.13%)
- Nifty PCR (11th Nov): 0.89
- Nifty PCR (25th Nov): 0.97
- USD/INR Futures (Nov): ₹88.73 🔺 (+0.03%)
Despite volatility, market breadth remained mildly positive, suggesting selective buying interest among investors.
🏦 Sectoral Performance – Riddhi Siddhi Insights
🌟 Sector Gainers
- NIFTY METAL: +1.41%
- NIFTY FINANCIAL SERVICES: +1.22%
- NIFTY PSU BANKS: +0.87%
🔻 Sector Losers
- NIFTY CONSUMER DURABLES: -0.72%
- NIFTY IT: -0.62%
- NIFTY FMCG: -0.49%
Market Mood: Selective buying was witnessed in metals and financials, while defensive sectors like FMCG and IT lagged behind.
🏁 Weekly Highlights – Riddhi Siddhi Share Brokers
- Nifty started weak but recovered most losses, closing below its 21-DMA.
- Bank Nifty led the show, driven by strength in large-cap financials.
- Mid-cap (+0.59%) and Small-cap (-0.16%) indices showed mixed trends.
- Overall sentiment stayed fragile amid global volatility and continued FII selling.
💡 Stocks in the Spotlight
1️⃣ Arvind Ltd:
Posted a 70% YoY jump in consolidated net profit to ₹106.74 crore for Q2FY26, driven by stronger revenues and lower tax expenses.
2️⃣ Bharti Airtel (BHARTIARTL):
Came under pressure after Singtel offloaded a 0.8% stake worth S$1.5 billion (~$1.16 billion), part of its global portfolio restructuring.
🐂 Riddhi Siddhi Bulls of the Day
| Stock | Change |
|---|---|
| SHRIRAMFIN | +3.81% |
| BAJFINANCE | +2.66% |
| ADANIENT | +2.61% |
| TATASTEEL | +2.39% |
| BAJAJFINSV | +2.27% |
Takeaway: Financial and metal names led the charge, reflecting strong institutional accumulation in select blue-chip counters.
🐻 Riddhi Siddhi Bears of the Day
| Stock | Change |
|---|---|
| BHARTIARTL | -4.46% |
| TATACONSUM | -1.97% |
| TECHM | -1.87% |
| APOLLOHOSP | -1.80% |
| INDIGO | -1.55% |
Takeaway: Weakness persisted in telecom, IT, and consumption-oriented stocks as profit booking dominated.
🔮 Riddhi Siddhi Outlook for Monday’s Trade
Caution continues to dominate sentiment.
While Banking and Metal sectors may continue their outperformance, profit booking could extend in FMCG and IT.
⚠️ Traders should remain nimble and wait for a decisive Nifty close above 25,800 before turning aggressively bullish.
📊 Riddhi Siddhi Radar: Stocks to Watch
🔼 Bullish (Short-Term)
- IDFCFIRSTB
- HINDALCO
- NATIONALUM
🏗️ Bullish (Long-Term)
- BEL
- CHOLAFIN
- DEEP INDUSTRIES
🔻 Bearish Picks
- AMBER
- DIVISLABS
- MANKIND
🚫 Stocks to Avoid (High Risk Zone)
- PFC
- BPCL
- POWERGRID
⚠️ Disclaimer
This report is for educational and informational purposes only and should not be construed as investment advice.
All investments in the stock market are subject to market risks.
Please consult your SEBI-registered financial advisor before taking any investment decisions.