Last Updated on November 27, 2025 5:50 pm by BIZNAMA NEWS
BIZ DESK
Indian equity markets extended their upward momentum on Thursday as both benchmark indices touched fresh all-time highs during intraday trade, supported by firm global cues and renewed investor appetite. Although gains moderated by the close, the market managed to finish in the green for a second consecutive session.
The BSE Sensex closed at 85,720.38, rising 110.87 points or 0.13%, while the NSE Nifty50 ended marginally higher at 26,215.55, up 10.25 points or 0.04%. Earlier in the day, the Sensex surged to a lifetime high of 86,055.86, and the Nifty50 touched a new peak of 26,310.45, reflecting robust intraday buying.
Among the top performers on the Sensex were Bajaj Finance, Bajaj Finserv, ICICI Bank, Hindustan Unilever (HUL) and HCLTech, buoyed by strong institutional inflows and expectations of improved global liquidity conditions. On the flip side, Eternal, Maruti Suzuki, UltraTech Cement and State Bank of India (SBI) slipped into the red, dragged down by profit-booking and sector-specific pressures.
Sector-wise performance was mixed. Nifty IT gained 0.22%, supported by a rebound in global tech stocks, while Nifty Private Bank rose 0.34% amid strong credit demand and stable asset quality trends. However, Nifty PSU Bank dropped 0.58% due to valuation concerns, Nifty Realty fell 0.72% on weak property sales data, and Nifty Oil & Gas slipped 0.73% following lower crude price outlook revisions.
In the broader market space, the Nifty Midcap 100 closed flat with a slight positive bias, signalling selective participation. Meanwhile, the Nifty Smallcap 100 declined 0.53%, as investors preferred safer large-cap names amid global economic uncertainties.
Overall, market sentiment remained broadly positive, driven by expectations of easing global interest rates and resilient domestic fundamentals. Further cues are likely to come from US inflation data and FII flow trends in the coming week.
Sector-Wise Market Performance
Financials (Top Gainers):
Banks and NBFCs drove the rally. Bajaj Finance, ICICI Bank, Bajaj Finserv, and HDFC Bank showed strong buying interest as lower global rates could ease borrowing costs and support credit growth. Improved asset quality trends also added optimism.
Information Technology:
HCL Tech gained notably as global tech stocks rebounded in anticipation of improved US business conditions if rates are cut sooner than expected.
FMCG:
Hindustan Unilever advanced as defensive stocks saw selective buying amid expectations of stable rural demand and moderating input costs.
Auto & Industrials (Laggards):
Maruti Suzuki and UltraTech Cement fell, reflecting profit-booking at higher levels. Auto stocks remained mixed due to concerns about margin pressure from rising commodity prices.
Banks – Mixed:
While private banks rallied, State Bank of India declined slightly amid valuations-driven selling.