On Friday, November 7, Indian stock markets closed lower, extending losses for the third consecutive session as profit-taking across sectors overpowered an improving corporate earnings outlook and expectations of progress in India-US trade talks.
At the close, the Nifty 50 recovered from lower levels and ended the session, marginally down by 17.40 points, or 0.07%, to settle at 25,492.30, while the Sensex slipped 94.73 points, or 0.11%, to end at 83,216.28. Both benchmark indices are now about 3% below their record highs. Meanwhile, India’s volatility index, India VIX, inched up by 1.21% above the 12.5 level.
On the sectoral front, 5 out of 11 key sectoral indices ended in positive territory. The Nifty Metal index jumped 1.41%, while the Nifty PSU Bank index surged by 0.87%. Meanwhile, the Nifty IT and Nifty FMCG indices closed lower, dropping 0.62% and 0.49%, respectively.
Broader markets showed mixed performance, with the Nifty Midcap 100 closing in the green, while the Nifty Smallcap 100 index ended lower.
Among individual stocks,
The Nifty Metal index was the top-gaining sector on Friday, rising 1.41% and snapping a two-day losing streak. On the flip side, the Nifty IT index declined 0.62%.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices showed mixed performance on Friday. The Nifty Midcap 100 index jumped by 0.63%, and the Nifty Smallcap 100 fell by 0.16%, extending previous losses.
As of November 7, 2025, the market breadth was slightly inclined toward advancing stocks. Out of 3,211 stocks traded on the NSE, 1,589 advanced, 1,526 declined, and 96 remained unchanged.
A total of 54 stocks touched their 52-week highs, while 172 hit their 52-week lows. Additionally, 77 stocks were locked in their upper circuits, whereas 81 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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