On November 11, 2025, the Indian stock market extended gains for the second consecutive day with Sensex rising 336 points to 83,871 and Nifty 50 gaining 121 points to close at 25,695, reflecting positive momentum overall.
Retail investor sentiment appeared cautiously optimistic, supported by strong buying interest, particularly in auto and IT sectors, while some caution remained due to cuts in growth guidance by major financial firms.
Market breadth was positive with about 110 stocks hitting 52-week highs; however, sectors such as healthcare and realty saw modest declines, signaling selective investor confidence.
Technical outlook indicated support at 25,600 for Nifty with resistance near 26,000, suggesting a consolidative environment with potential for further upside.
Overall market movement was influenced by a stable domestic environment with institutional investors providing robust support amid mixed global cues and moderate volatility in midcap and smallcap indices.
Key Indices
NIFTY 50
25,695
0.47%
SENSEX
83,900.23
0.44%
Momentum Snapshot
Index
Price
1D
1M
1Y
Sensex
83,900.23
0.44%
1.91%
6.64%
Nifty Midcap 100
60,427
0.50%
2.95%
8.19%
Nifty 50
25,695
0.47%
1.62%
6.44%
Nifty Next 50
69,725
0.14%
1.51%
-0.36%
Nifty Smallcap 250
16,994
-0.15%
-0.69%
-2.47%
Sector Highlights
IT
+1.20%
IT sector gained 1.20% on November 11, 2025, driven by positive global sentiment following progress toward resolving the US government shutdown. The sector benefited from renewed foreign investor confidence and optimistic market conditions across global equities, which typically support India's IT services exports.
Auto
+1.07%
Auto sector advanced 1.07% despite mixed headwinds. While the sector participated in the broader market recovery fueled by positive global cues and easing inflation expectations, it faced specific weakness from major constituents like Tata Motors (-1.8%) due to concerns over financial performance and asset growth forecasts in the sector.
PSE
+0.88%
PSE (Public Sector Enterprises) gained 0.88%, supported by positive global market sentiment and optimism surrounding a potential India-US trade deal. Strength in metal and energy stocks contributed to sectoral gains as investors positioned for improved economic activity and trade developments.
Realty
-0.16%
Realty sector declined marginally by 0.16%, underperforming the broader market recovery on November 11, 2025. The sector's weakness reflected relatively lower buying interest compared to more favored sectors like IT and pharma, despite positive overall market sentiment.
PSU Bank
-0.39%
PSU Bank sector fell 0.39%, dragged down primarily by broader financial services weakness. The financial services index dropped 1.0% after Bajaj Finance slumped over 7% following a cut to its asset growth forecast, dampening sentiment across the banking and financial sector despite expectations of potential RBI rate cuts due to easing inflation.
Sector Scoreboard
Sector
1D
1W
1Y
3Y
IT
+1.20%
+0.10%
-15.13%
+25.20%
Auto
+1.07%
+0.07%
+12.83%
+105.34%
PSE
+0.88%
-1.90%
-2.48%
+131.55%
Realty
-0.16%
-2.53%
-2.43%
+114.14%
PSU Bank
-0.39%
-0.01%
+21.85%
+120.30%
Movers of the Day
Top Nifty Gainers
Interglobe Avi
3.47%
Interglobe Avi surged due to strong recovery in air travel demand and the airline's strategic capacity expansion plans.
Bharat Elec
2.51%
Bharat Elec rose sharply after securing new defense orders worth ₹792 crore, reinforcing its strong order book driven by the government's focus on military indigenization.
M&M
2.33%
M&M gained as the auto sector continued to show strength, fueled by investor optimism regarding robust domestic demand and improving global supply chains.
Adani Ports
2.04%
Adani Ports advanced after Bank of America initiated coverage on the group's bonds with a positive rating, citing solid fundamentals and operational strength.
HCL Tech
1.91%
HCL Tech closed higher as the IT sector benefited from positive sentiment surrounding sustained global contract wins and expectations of large deal announcements.
Top Nifty Losers
Bajaj Finance
-7.35%
Bajaj Finance plummeted over 7% as investors focused on rising bad loans and higher credit costs, overshadowing its 22% rise in quarterly profit.
Bajaj Finserv
-6.09%
Bajaj Finserv fell in tandem with its subsidiary Bajaj Finance, as negative sentiment regarding asset quality concerns in the lending business outweighed its own healthy profit growth.
ONGC
-0.78%
ONGC declined due to minor profit-taking in a mixed session for the energy sector, even as broader FII interest in the oil and gas space remained positive.
TMPV
-0.69%
No significant updates available for this stock.
Apollo Hospital
-0.38%
No significant updates available for this stock.
Stock Spotlight Of The Day
Bajaj Finance
Market Cap
6,25,253 Cr
Current Price
₹1,005
Stock P/E
34.2
Dividend Yield
0.44%
ROCE
11.4%
ROE
19.2%
Shareholding Changes (Impact Factors)
FIIs
QoQ
0.26%
YoY
1.16%
Stable foreign holding
DIIs
QoQ
-0.13%
YoY
-0.62%
Stable domestic holding
Promoters
QoQ
-0.06%
YoY
-0.03%
Minor reduction
Quarterly Summary (Absolute)
Revenue
QoQ
Slight growth
3.35%
YoY
Solid pickup
18.07%
Expenses
QoQ
Mild increase
5.26%
YoY
Costs rising
18.15%
Net Profit
QoQ
Slight uptick
3.84%
YoY
Strong earnings
23.27%
Profit & Loss (Compounded)
Sales Growth
10 Years
29%
5 Years
21%
3 Years
30%
TTM
22%
Profit Growth
10 Years
34%
5 Years
26%
3 Years
33%
TTM
19%
Stock Price CAGR
10 Years
34%
5 Years
19%
3 Years
13%
1 Year
48%
Return on Equity
10 Years
20%
5 Years
20%
3 Years
21%
Last Year
19%
Fundamentals Corner
The company demonstrates a powerful long-term track record of consistent growth, backed by a high and stable Return on Equity of around 20%.
While TTM profit growth saw a slight dip, the latest quarterly results show a significant re-acceleration (23% YoY profit growth), supporting the stock's strong one-year performance and suggesting renewed momentum for investors.
News TidBits
Bajaj Finance was the top Nifty 50 loser, plunging over 7% in a sharp reaction to its quarterly earnings report.
Despite reporting a strong 22% year-on-year growth in net profit, the stock was hammered due to rising concerns over its asset quality.
Investors and analysts grew worried about the increase in bad loans and higher credit costs, which overshadowed the healthy profit figures.
The steep fall triggered a negative ripple effect, dragging down its parent company Bajaj Finserv and casting a shadow over the high-valuation NBFC sector.
Market experts suggest that the sharp correction could be the beginning of a valuation reset for the stock, as future growth may face headwinds from deteriorating loan quality.
Stacks on Stacks: Tip Time 🤑
True investing 'circle of competence' isn't just using a company's products; it's understanding its balance sheet, competitive moat, and management quality better than the average market participant.
Inside The Fund
Mirae Asset ELSS Tax Saver Fund
Fund Size: ₹ 25910.64 Cr
NAV: ₹ 57.311 (as on 10th November, 2025)
1 Year
8.23%
Category: 3.41%
2 Year
20.25%
Category: 17.95%
3 Year
18.64%
Category: 18.14%
5 Year
20.52%
Category: 21.86%
Stocks Removed
Stock
Sector
1M Change
GAIL (India) Ltd.
Gas transmission/marketing
-0.45%
Cartrade Tech Ltd.
E-retail/ e-commerce
-0.26%
Top 10 Holdings
Stock
Holding %
1M Change
HDFC Bank Ltd.
9.79%
0.24%
ICICI Bank Ltd.
5.06%
0.41%
Axis Bank Ltd.
4.31%
0.03%
State Bank Of India
4.08%
-0.16%
Infosys Ltd.
3.99%
-0.13%
ITC Limited
3.81%
0.19%
Tata Consultancy Services Ltd.
3.15%
-0.26%
Reliance Industries Ltd.
3.15%
-0.39%
Maruti Suzuki India Ltd.
2.64%
0.17%
Larsen & Toubro Ltd.
2.50%
0.01%
The Common Ground
Shows the commonly added & removed stocks by mutual funds last month
Top Added (4)
Tata Capital Ltd.
5 funds
HDFC Large Cap Fund - Direct Plan - Growth
0.22%
Nippon India Large Cap Fund - Direct Plan - Growth
0.27%
Axis Large Cap Fund - Direct Plan - Growth
0.07%
Aditya Birla Sun Life Large Cap Fund - Direct Plan - Growth
0.16%
UTI Large Cap Fund - Direct Plan - Growth
0.18%
TML Commercial Vehicles Ltd.
4 funds
Mirae Asset Large Cap Fund - Direct Plan - Growth
0.21%
HDFC Large Cap Fund - Direct Plan - Growth
1.12%
DSP Large Cap Fund - Direct Plan - Growth
0.46%
Nippon India Large Cap Fund - Direct Plan - Growth
0.32%
LG Electronics India Pvt. Ltd.
4 funds
HDFC Large Cap Fund - Direct Plan - Growth
0.09%
Nippon India Large Cap Fund - Direct Plan - Growth
0.08%
Axis Large Cap Fund - Direct Plan - Growth
0.51%
Aditya Birla Sun Life Large Cap Fund - Direct Plan - Growth
0.12%
Reverse Repo
2 funds
ICICI Prudential Large Cap Fund - Direct Plan - Growth
2.74%
Aditya Birla Sun Life Large Cap Fund - Direct Plan - Growth
0.42%
Top Removed (2)
Tata Consultancy Services Ltd.
2 funds
HDFC Large Cap Fund - Direct Plan - Growth
-0.87%
Invesco India Largecap Fund - Direct Plan - Growth
-0.54%
Oil & Natural Gas Corporation Ltd.
2 funds
Quant Large Cap Fund - Direct Plan - Growth
-3.08%
Aditya Birla Sun Life Large Cap Fund - Direct Plan - Growth
-0.11%
Top News Developments
Bajaj Twins Tumble on Asset Quality Fears
Bajaj Finance's 7% crash despite a 22% profit surge highlights that the market is now prioritizing asset quality over pure growth in NBFCs.
The sell-off created a contagion effect, pulling down Bajaj Finserv and raising concerns about systemic risks in unsecured lending portfolios.
This event may trigger a sector-wide re-evaluation of high-valuation financial stocks, potentially leading investors to rotate into more defensive or industrial names.
For retail investors, this serves as a reminder that headline profit numbers don't always tell the full story and a deep dive into loan book health is crucial.
Defence and Aviation Stocks Take Flight
Bharat Electronics' gain on securing new orders underscores the strong, long-term tailwind for the domestic defense sector from the government's 'Make in India' initiative.
IndiGo's rally reflects the robust and sustained recovery in consumer and business travel, making the aviation sector a key beneficiary of economic normalization.
The simultaneous rise in these distinct sectors points to a market rewarding companies with clear earnings visibility and strong order books.
Investors are increasingly favoring sectors with direct government policy support and those linked to the reopening economy, signaling a clear thematic trend.
Bharat Forge Powers Ahead with Strong Q2 and Expansion Plans
The company's robust earnings and margin improvement signal strengthening demand in the core automotive and industrial segments, acting as a barometer for the manufacturing economy.
The board's approval to raise ₹2,000 crore via debt indicates aggressive growth plans, likely for capacity expansion or strategic acquisitions in EV or defense verticals.
This positive development has a ripple effect on the entire auto ancillary supply chain, suggesting improved order flows for component and raw material suppliers.
For investors, Bharat Forge's performance and capital plans position it as a key player in India's industrial and manufacturing revival story.
Market Indices Climb Higher Led by Cyclicals
The Sensex and Nifty's upward march was driven by cyclical sectors like Auto, IT, and Metals, indicating confidence in both domestic and global economic recovery.
The divergence in performance, with small and mid-cap indices lagging, suggests that the current rally is selective and led by large-cap, blue-chip stocks.
Strong performance in IT and auto sectors is particularly significant as it signals resilience against global headwinds and strength in domestic consumption.
This trend suggests investors should focus on quality large-caps within performing sectors rather than chasing broader, more speculative market movements.
FII / DII Snapshot
Yesterday
FII Net: ₹-4114.85 cr
DII Net: ₹5805.26 cr
October 2025
FII Net: ₹-2346.89 cr
DII Net: ₹52794.02 cr
Daily Flows
Date
FII Net
DII Net
10-Nov-2025
₹-4114.85 cr
₹5805.26 cr
07-Nov-2025
₹4581.34 cr
₹6674.77 cr
06-Nov-2025
₹-3263.21 cr
₹5283.91 cr
04-Nov-2025
₹-1067.01 cr
₹1202.90 cr
03-Nov-2025
₹-1883.78 cr
₹3516.36 cr
Monthly Flows
Month
FII Net
DII Net
October 2025
₹-2346.89 cr
₹52794.02 cr
September 2025
₹-35301.36 cr
₹65343.59 cr
August 2025
₹-46902.92 cr
₹94828.55 cr
July 2025
₹-47666.68 cr
₹60939.16 cr
June 2025
₹7488.98 cr
₹72673.91 cr
May 2025
₹11773.25 cr
₹67642.34 cr
• Domestic Institutional Investors (DIIs) continued their strong support for the market, buying equities worth a net ₹5,805.26 crore, providing a crucial buffer against foreign outflows.
• Foreign Institutional Investors (FIIs) turned significant net sellers, offloading equities worth ₹4,114.85 crore, reversing their buying trend from the previous session and raising concerns about sustained foreign capital.
• Despite the day's net selling, FIIs have shown strong monthly interest in specific sectors, with Banking and Financial Services receiving the highest inflows, followed by Oil & Gas and Metals, indicating a targeted investment strategy rather than a broad market exit.
IPO Watchlist
Ongoing IPOs
The ongoing IPOs are receiving a cautious response from investors, reflecting concerns around valuations.
PhysicsWallah and Emmvee Photovoltaic have seen very low subscription rates so far, with their Grey Market Premiums (GMP) also remaining subdued, suggesting weak listing day expectations.
Pine Labs T, which closes today, managed to attract moderate interest, but the overall sentiment indicates that investors are being highly selective in the primary market.
PhysicsWallah
3480.00
Date: 11 Nov - 13 Nov
List: 18 Nov
Subscription: 0.08x
GMP: 2.75%
Emmvee Photovoltaic
2900.00
Date: 11 Nov - 13 Nov
List: 18 Nov
Subscription: 0.09x
GMP: 2.30%
Pine Labs T
3899.91
Date: 7 Nov - 11 Nov
List: 14 Nov
Subscription: 2.48x
GMP: 0.00%
Upcoming IPOs
Several new IPOs are scheduled to open for subscription in the coming days, including Tenneco Clean Air, Fujiyama Power Systems, and Capillary Technologies.
Tenneco Clean Air, the largest of the upcoming issues at ₹3600 crore, is attracting early investor interest with a Grey Market Premium (GMP) of over 15%, indicating a potentially strong debut.
Investors should evaluate the fundamentals of these companies carefully, especially as the market shows mixed appetite for new listings.
Capillary Technologies
877.50
Date:14 Nov - 18 Nov
List:21 Nov
Subscription: -
GMP: 0.00%
Fujiyama Power Systems
828.00
Date:13 Nov - 17 Nov
List:20 Nov
Subscription: -
GMP: 0.00%
Tenneco Clean Air
3600.00
Date:12 Nov - 14 Nov
List:19 Nov
Subscription: -
GMP: 15.37%
Cha-Ching Cheatsheet 💵
The market often overreacts to short-term news, like a CEO's resignation or a single bad quarter; disciplined investors use this emotional volatility to buy fundamentally strong businesses at a discount.
Global markets rallied overnight led by strong gains in US equity indices, with the S&P 500 up 1.54%, Nasdaq Composite rising 2.27%, and Dow Jones Industrial Average advancing 0.81%, fueled by optimism over progress toward ending the US government shutdown and strong AI-focused stock performance.
Asian markets also experienced gains, with Japan's Nikkei rising 0.56%, South Korea's KOSPI climbing 2.24%, and Hong Kong's Hang Seng Index up around 0.4%, providing positive momentum for Indian equities.
The US administration announced ongoing efforts to negotiate a 'very different' and 'fair' trade deal with India, which improved sentiment in Indian markets by enhancing expectations for bilateral relations and trade.
Despite gains in major global markets, mixed performance in some Asian indices like the Hang Seng and Shanghai Composite introduced some regional caution, tempering broader optimism.
Strong institutional buying globally and easing concerns about the US government shutdown collectively boosted risk appetite, positively impacting emerging markets including India.
Emerging Opportunities
Auto and IT sectors emerged as leading areas for investment due to ongoing strong performance and sectoral leadership in market gains, suggesting robust medium- to long-term growth potential.
Financial services present opportunities in select companies despite some downward revisions, as institutional support and policy stability provide a foundation for recovery.
The ongoing US-India trade negotiation process may create favorable conditions for exporters and technology firms, enhancing prospects especially for companies engaged in bilateral trade and policy-driven sectors.
Contrarian opportunities exist in healthcare and realty sectors where recent declines may be temporary, offering potential value plays for investors with a medium-term horizon.
Emerging themes around artificial intelligence and technology, inspired by US market trends, may influence Indian tech stocks, positioning them as promising investment targets given the global AI momentum.
Crypto Buzz
Name
Price
Market Cap
24h Change
ATH Change
Bitcoin (BTC)
$105284
$2.10T
-0.78%
-16.56%
Ethereum (ETH)
$3578.8
$431.86B
-0.89%
-27.82%
Tether (USDT)
$0.999828
$183.48B
0.02%
-24.43%
XRP (XRP)
$2.46
$148.01B
-3.82%
-32.44%
BNB (BNB)
$981.4
$135.17B
-1.93%
-28.45%
The cryptocurrency market experienced a broad-based decline, with major tokens like Bitcoin and Ethereum falling by approximately 0.8-0.9%.
Altcoins like XRP and BNB saw even sharper drops of over 1.9%, reflecting a risk-off sentiment spreading across the digital asset space.
The overall negative movement suggests investors are booking profits or growing cautious, pulling the global crypto market capitalization down.
Inside The Fund
