On Tuesday, November 18, Indian equity benchmark indices closed in the red, snapping a 6-day winning streak. The benchmark indices were dragged lower by Infosys and ICICI Bank.
At the close, the Nifty 50 ended down by 103.40 points or 0.40% at 25,910.05, while the Sensex declined 277.93 points or 0.33% to close at 84,673.02. Both benchmark indices are now about 1.4% below their record highs. India’s volatility index, India VIX, jumped by over 2.5%, surging over the level of 12.
On the sectoral front, all eleven key indices ended in negative territory. Nifty Metal index falls 1.11%, tracking weaker metals prices. Prices for base metals like copper and aluminium extended their fall, pressured by a stronger dollar. A stronger dollar makes commodities transacted in the greenback more expensive to investors using other currencies
Policymakers at the US Federal Reserve remain divided on a December interest rate cut. Nifty IT Index, which earns a significant share of revenue from the US, fell 1.2%
Broader markets mirrored frontline indices, with the Nifty Midcap 100 and the Nifty Smallcap 100 indices ending lower.
Stock-Specific Highlights
Among individual stocks,
- The Steel Authority of India share price falls the most in the index, closing down 1.72%
- WPIL share price soared by 4% as the subsidiary won 821m Rand (₹426 Crore) MCWAP2 electro-mechanical contract, 48 months.
Nifty Realty - Top Loser
The Nifty Realty Index was the top Loser on Tuesday, ending lower by 1.98%, recording the biggest loss of the month till now. The Nifty IT Index followed with a 1.2% drop, with all of its constituents closing in the red.
Nifty 50: Top Pullers and Draggers of the Day
The key drivers of the index gains were:
- Bharti Airtel: +20.27 points
- Axis Bank: +8.42 points
- Reliance Industries: +2.52 points
On the other hand, these stocks dragged the index:
- Infosys: -16.44 points
- ICICI Bank: -14.09 points
- Eternal: -7.71 points
Broader Markets End Negative
The broader market indices showed negative performance on Tuesday. The Nifty Midcap 100 index declined by 0.59%, while the Nifty Smallcap 100 ended down by 1.05%. Both indices snapped a 2-day winning streak.
Market Breadth
As of November 18, 2025, market breadth favoured declining stocks. Out of 3,214 stocks traded on the NSE, 969 advanced, 2,168 declined, and 77 remained unchanged.
A total of 69 stocks touched their 52-week highs, while 150 hit their 52-week lows. Additionally, 79 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.
