Boosted by better-than-expected performance of the National Democratic Alliance (NDA) in the Bihar election 2025, Indian stock market benchmark Sensex rebounded over 500 points from the day’s low to end in the green on Friday, November 14.
Trends at 3:30 pm showed the NDA leading in 199 seats and the Mahagathbandhan on 37.
Tracking the global selloff, the Indian stock market remained in the red for most of the day, with the Sensex hitting an intraday low of 84,029.32 and the Nifty 50 dropping to 25,740.80 during the session.
However, fag-end buying after trends showed the NDS was heading to a big win in the Bihar elections helped the benchmarks end in the green for the fifth consecutive session. Sensex ended 533 points up from the day’s low.
The Sensex closed 84 points, or 0.10 per cent, up at 84,562.78, while the Nifty 50 settled at 25,910.05, up 31 points, or 0.12 per cent. The BSE Midcap index slipped by 0.03 per cent, while the Smallcap index rose by 0.06 per cent.
For the week, the Sensex and the Nifty 50 rose by 1.6 per cent each, snapping their two-week losing run.
Indian stock market: 10 key highlights from the day
1. Indian stock market outperforms?
Domestic market benchmarks ended with slim gains, still outperforming most major global peers. After a 2 per cent drop in the Nasdaq and the S&P 500 overnight, markets in Asia and Europe also suffered deep cuts.
Korea’s Kospi crashed 4 per cent, while Japan’s Nikkei and Hong Kong’s Hang Seng plunged 2 per cent each.
In Europe, the UK’s FTSE, France’s CAC 40, and Germany’s DAX fell by 1 per cent each during the session on November 14.
“The market managed to close in the green, supported by banking and FMCG stocks, while the NDA victory in the Bihar state election added impetus to sentiment. A positive turnaround in Q2FY26 results and benign inflation are making H2FY26 earnings outlook brighter,” said Vinod Nair, Head of Research, Geojit Investments.
“Investors are looking for additional catalysts for a decisive move from current levels. The upcoming RBI policy meeting and any cues on the US trade deal are expected to keep market sentiment bullish,” said Nair.
2. Top gainers in the Nifty 50 index today
Shares of Tata Motors CV (up 3.20 per cent), Eternal (up 2.15 per cent), and BEL (up 1.60 per cent) ended as the top gainers in the Nifty 50 index. As many as 31 stocks ended higher in the Nifty 50 index.
3. Top losers in the Nifty 50 index
Shares of Infosys (down 2.33 per cent), Eicher Motors (down 2.27 per cent), and Tata Steel (down 1.50 per cent) ended as the top losers in the index.
4. Sectoral indices today
Nifty Bank rose 0.23 per cent to close at 58,517.55, while the Financial Services index ended 0.35 per cent higher.
Nifty PSU Bank clocked a solid gain of 1.17 per cent. Nifty FMCG also ended with a healthy gain of 0.57 per cent.
On the flip side, Nifty IT (down 1.03 per cent), Metal (down 0.89 per cent), and Auto (down 0.52 per cent) ended with significant losses.
5. Most active stocks in terms of volume
Vodafone Idea (125.14 crore shares), Sagility (111.21 crore shares), and Billionbrains Garage Ventures (Groww) (25 crore shares) were the most active stocks in terms of volume on the NSE.
6. 11 stocks jump more than 15% on BSE
GB Logistics Commerce, GE Power India, Vasundhara Rasayans, Pioneer Investcorp, and Shree Hari Chemicals Export were among the 11 stocks that jumped more than 15 per cent on the BSE.
7. Advance-decline ratio
Out of 4,319 stocks traded on the BSE, 1,974 advanced, while 2,189 declined. Some 156 stocks remained unchanged.
8. Nearly 120 stocks hit 52-week highs
As many as 118 stocks, including Asian Paints, Adani Ports and Special Economic Zone, BPCL, and Canara Bank, hit their 52-week highs in intraday trade on the BSE.
9. 146 stocks hit 52-week lows
Page Industries, Bata India, Clean Science and Technology, and Cohance Lifesciences were among the 146 stocks that hit their 52-week lows in intraday trade on the BSE.
10. Nifty’s technical outlook
According to Rupak De, Senior Technical Analyst at LKP Securities, sentiment remains strong, with the potential to move towards 26,200 and 26,350 in the short term. Though meaningful resistance is placed around 26,000, the magnitude of the late-session recovery indicates a smart upside move in the coming days.
On the lower end, support is placed at 25,700, and as long as the index holds above this level, the bulls are unlikely to face any major resistance, said De.
Sudeep Shah, Head – Technical and Derivatives Research at SBI Securities, said the 26,050–26,100 zone is expected to act as a crucial resistance.
“A sustained move above 26,100 could drive the index towards 26,300. On the downside, the zone of 25,700-25,650 is expected to act as a strong support, which also coincides with the 20-day EMA for the index,” said Shah.
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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
