News that move Markets

What moved the Markets on 18-Nov-2025


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    • Indian equity markets ended a six-day winning streak: Sensex fell 325 points to 84,626 (down 0.38%), Nifty50 dropped 103 points to 25,910 (down 0.4%), while BankNifty gained 0.76%, closing at 58,963, hitting an intraday record high of 59,001.

    • Market sentiment was cautious due to profit booking after six gains and weak global tech stocks amid fading expectations of a US Fed rate cut.

    • The Indian rupee closed weaker at 88.67 against the US dollar, down 8 paise, pressured by widening trade deficit concerns and geopolitical uncertainty.

    • Top gainers included Bharat Electronics (+2%), Bharti Airtel (+1.61%), Axis Bank, and Asian Paints; biggest losers were Tech Mahindra (-1.83%), Shriram Finance (-2.66%), Tata Consumer Products (-1.62%), and Jio Financial Services (-2%).

    • Highlight: PhysicsWallah’s IPO debut was spectacular, listing at a 33% premium over its ₹109 IPO price, opening at ₹145, surging to an intraday high near ₹162, nearly 49% above issue price, driven by strong institutional participation despite a muted subscription rate of 1.92 times.

    • Nifty50 tested crucial support at 25,900 which held; resistance around 26,100 remains untested. BankNifty’s intraday high of 59,001 now marks key resistance, with support at 58,600.

    • Sector divergence: Nifty IT down 0.68%, Nifty Metal and Realty weakened on profit taking; banks and financials supported the market with gains, autos held steady with modest rises.

    • SEBI reaffirmed mutual fund transparency efforts at the CII Financing Summit and expects to finalize new brokerage charge guidelines soon following October consultation paper feedback closure.

    • Commodities: MCX gold declined 1.3% to ₹121,333 per 10 gm; silver slipped 2.38% to ₹151,608 per kg, pressured by a stronger US dollar; crude oil steady around $63.77 a barrel.

    • Geopolitical focus on nearing closure of the India-US trade deal’s first tranche provided some support despite global tech selloff and domestic profit booking.

    • Technical outlook: Nifty50 shows potential near-term consolidation with key support at 25,800 and resistance at 26,000–26,300; BankNifty likely to find support at 58,600, eyeing a rally to 59,500 on positive momentum.

    • Actionable insight: Monitor the rupee’s impact closely on import-heavy stocks; watch 25,900 support on Nifty for buying opportunities in large caps and defensive banks. Trading PhysicsWallah warrants caution due to expected volatility after a strong listing debut.


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    News that move MarketsBy Prem ( iFinStrats )