Market Overview & Top Indices
| Index | Close (6 Nov 2025) | Change | Comment |
|---|---|---|---|
| Sensex | 83,311.01 | –148.14 pts (–0.18 %) | Traded volatile; negative bias as profit‑taking and foreign selling weighed on blue‑chips. |
| Nifty 50 | 25,509.70 | –87.95 pts (–0.34 %) | Slipped below 25,600; intraday high 25,679 and low 25,492; only 8 of 50 constituents advanced. |
| Nifty Bank | 57,554.25 | –272.80 pts (–0.47 %) | Cautious trade with most banks in red; only AU Bank and SBI gained. |
| Nifty Midcap 100 | Down ≈0.95 % | Broader market underperformed as profit‑taking extended to mid‑caps. | |
| Nifty Smallcap 100 | Down ≈1.4 % | Continued selling pressure on small‑cap names. | |
| Nifty Financial Services | 27,195.8 | –110.35 pts (–0.40 %) | Weakness in heavyweight private banks offset gains in insurers. |
| India VIX | ~12.66 | –0.67 % | Volatility gauge remained low; indicates moderate risk appetite despite decline. |
Sectoral Performance
- Losers: Nifty Media (‑2.54 %), Metals (‑2.07 %), Consumer Durables (‑1.98 %), Realty (‑1.51 %), PSU Bank (‑0.62 %) and Pharma (‑0.38 %) led the decline. Most sectors closed lower due to profit‑booking and weak domestic cues.
- Gainers: Only IT (+0.18 %) and Auto (+0.06 %) ended in positive territory. Select IT names benefitted from stable US macro data and robust earnings, while auto stocks saw selective buying.
Key Statistics
- Market Breadth: On the Nifty 50, just 8 stocks advanced while 42 declined. On the Sensex, 12 of 30 names ended higher.
- Foreign Investment: Foreign Institutional Investors (FIIs) net sold about ₹1,067 crore on 4 Nov. Domestic Institutional Investors (DIIs) bought roughly ₹1,203 crore, tempering the fall.
- Trading Range: Nifty opened at ~25,593, touched a high of ~25,679 and low of ~25,492. Sensex moved between 83,846 and 83,238.
- Turnover & Market Cap: NSE market capitalisation remained around ₹463 trillion (approx. US$5.23 trn). Trading volumes were higher in top heavyweights (Reliance Industries, Asian Paints, Power Grid, BEL), reflecting rotation into defensives and out of cyclicals.
Top Gainers and Losers
Nifty 50 Top Gainers (6 Nov 2025)
| Company | Close Price (₹) | % Change | Notes |
|---|---|---|---|
| Asian Paints Ltd | 2,603.60 | +4.70 % | Benefitted from easing input costs; strong volume growth expectations. |
| Reliance Industries Ltd | 1,495.00 | +1.49 % | Rebounded after recent sell‑off; energy prices stabilised. |
| Mahindra & Mahindra Ltd | 3,618.90 | +1.05 % | Continued buying on robust auto sales and impending stake sale in a private bank. |
| Wipro Ltd | 240.15 | +0.94 % | Gains on renewed optimism in IT spending and buy‑back expectations. |
| InterGlobe Aviation Ltd (IndiGo) | 5,686.00 | +0.87 % | Despite quarterly loss, management commentary pointed to capacity expansion and cost controls. |
| UltraTech Cement Ltd | 11,914.00 | +0.80 % | Supported by strong demand in infrastructure projects and stable margins. |
| Tata Consultancy Services Ltd (TCS) | 3,010.50 | +0.68 % | Renewed partnership with ABB and positive outlook on IT services demand. |
Nifty 50 Top Losers (6 Nov 2025)
| Company | Close Price (₹) | % Change | Notes |
|---|---|---|---|
| Grasim Industries Ltd | 2,699.40 | –6.34 % | Sharp fall on worries about demerger valuation and margin compression. |
| Hindalco Industries Ltd | 787.25 | –5.31 % | Global aluminium price weakness and profit‑booking after prior gains. |
| Adani Enterprises Ltd | 2,311.50 | –4.48 % | Pressure from regulatory concerns and continued selling in Adani group stocks. |
| Power Grid Corp. of India Ltd | 270.10 | –3.21 % | Investors took profits amid concerns over tariff norms and rising yields. |
| Eternal Ltd | 306.10 | –2.36 % | Volatile trading in recently listed stock; investors booked gains. |
| Eicher Motors Ltd | 6,808.50 | –1.75 % | Disappointment over demand outlook in premium motorcycle segment. |
| Bharat Electronics Ltd (BEL) | 408.25 | –1.66 % | Declined after strong run; traders locked in profits. |
What Moved the Market
- Profit‑Taking at Highs: Benchmarks had rallied strongly in October; many stocks were near record highs. Investors booked profits, particularly in cyclical sectors such as metals, real estate and consumer durables.
- Global Cues: Overnight U.S. equity indices (Dow +0.50 %, Nasdaq +0.63 %, S&P 500 +0.38 %) and Asian markets (Nikkei +1.51 %, Hang Seng +1.64 %) were positive, but local markets failed to sustain gains due to lack of fresh triggers. Early optimism from inclusion of Indian stocks in the MSCI Global Standard index faded as domestic PMI data softened.
- FII Outflows: Persistent foreign selling since late October weighed on sentiment. FIIs sold more than ₹1,000 crore on 4 Nov, offset only partly by DII buying. This kept the rupee under pressure and curtailed risk appetite.
- Sector Rotation: Traders rotated out of metal and media names into defensives such as IT and select autos. Sharp falls in Grasim and Hindalco dragged the Nifty.
- Macro Data: Domestic manufacturing PMI eased from October highs, raising concerns that the post‑pandemic growth rebound is losing momentum. Crude oil prices firmed near US$60/barrel, fuelling inflation worries and prompting caution in energy‑dependent sectors.
Global Cues Summary
- U.S. Markets: The Dow Jones closed at ~47,337 (+0.50 %), Nasdaq at ~23,521 (+0.63 %) and S&P 500 at ~6,818 (+0.38 %). Strong corporate earnings and optimism around AI‑driven tech rallied U.S. equities. U.S. 10‑year Treasury yield eased slightly to 4.14 %, supporting risk assets.
- Asian Markets: Nikkei (50,972; +1.51 %), Hang Seng (26,361; +1.64 %) and Shanghai Composite (4,570; +0.88 %) rose on hopes of stimulus from China and stability in global interest rates.
- Commodities: WTI crude hovered around US$59.81/bbl (+0.35 %), gold remained steady, and aluminium prices eased, weighing on metal stocks. The rupee was stable against the dollar despite positive flows in other Asian currencies.
Stocks to Watch & Corporate Updates
- Tata Consultancy Services (TCS): Renewed its 18‑year strategic partnership with ABB to deploy AI‑powered IT operations. The deal underscores TCS’s strength in digital transformation and may bolster future earnings.
- Mahindra & Mahindra (M&M): Reports suggest the company plans to sell its entire 3.45 % stake in a private bank via a block deal worth around ₹682 crore. The exit could unlock value and strengthen its balance sheet.
- InterGlobe Aviation (IndiGo): Posted a Q2FY26 net loss of ₹2,582 crore versus a ₹2,176 crore profit in Q1 due to higher costs. Management remains positive on capacity expansion and expects cost efficiencies over the coming quarters.
- Paytm: Consolidated net profit for Q2 dropped 98 % to ₹21 crore as expenses rose and revenue growth slowed. Regulatory uncertainty continues to weigh on sentiment.
- Adani Energy Solutions: Signed an agreement to supply 60 MW of renewable energy to RSWM’s plants under a group captive scheme. RSWM invested ₹60 crore for 31.53 crore units of green power, boosting Adani Energy’s long‑term orders.
- MSCI Index Changes: Four Indian companies were added to the MSCI Global Standard index (rumoured to include Hindalco’s parent group company and a bank). This initially lifted sentiment but had limited impact as investors focussed on domestic factors.
Outlook for Tomorrow (7 Nov 2025)
- Technical Levels:
- Nifty 50: Immediate support at 25,500–25,400 and stronger support at 25,224. Resistance at 25,800–25,946. A sustained move below 25,500 could extend declines toward 25,300–25,150, while a close above 25,700–25,800 would signal recovery. RSI around 50 suggests fading momentum and potential consolidation.
- Bank Nifty: Support around 57,600–57,500 and 57,300; resistance at 58,150–58,580. Holding above 57,630 may lead to a relief rally, whereas breaking this level might accelerate selling.
- Sensex: Support at 82,717 and 82,249; resistance at 84,230 and 84,699. The index must reclaim 83,750 for bullish momentum.
- Expected Market Tone: The market is likely to remain cautious and range‑bound. Traders may continue to book profits in overheated sectors, while buying could emerge on dips in quality stocks. Global markets remain supportive, but domestic cues like FII flows, macro data and Q2 earnings will dictate direction.
- Key Triggers: Watch for U.S. jobs data, global PMI releases, movement in crude oil, and any guidance from the Reserve Bank of India on liquidity. Additionally, eyes will be on the progress of MSCI index changes and bulk deals (such as M&M’s stake sale). The rupee’s movement and bond yields will also influence sentiment.
