Market Opens Positive on November 24, 2025: Gift Nifty Gains 81 Points; Global Cues Mixed

Indian markets are poised for a positive start today as Gift Nifty trades 81 points higher, signaling early strength. The index is quoting at 26,159, nearly 100 points above the previous close, suggesting steady sentiment despite volatility in global markets.

Global Market Snapshot

Nikkei: Down ~2.5%
Hang Seng: Up ~1%
Dow Jones: Flat to mildly positive

Overall, global cues remain mixed, keeping traders cautious.

Nifty & Bank Nifty Outlook

Nifty 50

Nifty ended the last session 124 points lower at 26,668.
Key levels to watch today:

Resistance: 26,200
Support: 26,000

A breakout above 26,200 may trigger fresh upward momentum, while any slip below 26,000 could attract selling pressure.

Bank Nifty

Bank Nifty declined 480 points to close at 58,867.
Midcap and smallcap indices also corrected sharply, indicating profit-booking and clearing out weak positions in the market.

Rupee Hits Record Low

The Indian Rupee touched a lifetime low of ₹90 per USD, reflecting widespread weakness against major global currencies including the Euro, GBP, and Yen.
The currency slide may add pressure to import-linked sectors and consumer electronics pricing.

Gold & Silver Outlook

Precious metals are expected to remain soft in the short term. Analysts advise avoiding aggressive buying unless there is an urgent requirement. Accumulation at lower levels may be considered once prices stabilize.

FII-DII Activity | Derivatives Update

FII Net Selling: ₹1,766 crore
DII Net Buying: ₹3,162 crore

PCR cooled from 1.44 to 1.03, indicating a shift in trader positioning.
India VIX moved up from 12.32 to 13.63, pointing towards rising market volatility.

Corporate & Business Updates

Kotak Mahindra Bank

Announces 5:1 stock split.
Shareholders will receive five shares for every one held.

Indian Railways Contract

The Indian Army has secured a ₹181-crore order from North Eastern Railways for OHE (Overhead Electrification) modification, supply, erection, testing, and commissioning.

Tata Power

Commissions 1.25 MW hydro project in Bhutan.
Plans ₹1,572-crore investment in upcoming hydro and infrastructure projects.

H.G. Infra Engineering

Emerges L1 bidder for a ₹1,415-crore metro project under Maharashtra Metro Rail Corporation in JV with Kalpataru Projects.
Shareholding: 40% (HG Infra) – 60% (Kalpataru).

Tata Chemicals

Large capex announced:

₹775 crore for soda ash capacity expansion at Mithapur
₹1,335 crore for silica manufacturing expansion in Tamil Nadu

Such capex typically supports long-term growth, though markets may react cautiously in the near term.

Lemon Tree Hotels

Signs new licensed property under “Select by Lemon Tree” in Bhopal.

Adani Commodities LLP

Sells an additional 7% stake in its agri-business arm.
Earlier promoter stake was around 20%.

Max Ventures

Offloads 16 lakh shares (0.46%) of Max Financial Services, raising ₹268 crore.
Key institutional buyers include Morgan Stanley, White Oak Capital, Tata Mutual Fund, and Veritas.

Reliance Industries

Bank of America Securities acquires 3.52 lakh shares worth ₹54 crore at ₹1,534.

Celebrity Fashions

BNP Paribas purchases 35 lakh shares at ₹48, totaling ₹17 crore.

USFDA Actions on Indian Pharma

Several pharmaceutical companies face regulatory observations:

Natco Pharma: 7 observations
Lupin (Goa): 7 observations
Shilpa Medicare: 8 observations

These observations highlight rising compliance scrutiny by USFDA.

F&O Ban List

SAIL
Samman Capital

Results Today

Seamec Energy to announce quarterly results.