On Wednesday, November 19, Indian equity benchmark indices closed in the green, recovering from the day's low. The benchmark indices were driven by gains in information technology stocks, led by a rally in Infosys share price ahead of its ₹18,000 crore share buyback, which opens on Thursday.
At the close, the Nifty 50 ended up by 142.6 points or 0.55% at 26,052.65, while the Sensex advanced 513.45 points or 0.61% to close at 85,186.47. Both benchmark indices are now about 0.86% below their record highs. India’s volatility index, India VIX, dropped by over 1%, falling below the level of 12.
On the sectoral front, 7 out of 11 key indices ended in negative territory. The Nifty IT index closed nearly 3% up, led by a 3.7% surge in Infosys.
India’s second-largest software services exporter, Infosys, will open its share buyback window on November 20, 2025, for a total value of ₹18,000 crore, setting the buyback price at ₹1,800 per share, a 21% premium to Tuesday’s closing price. The company’s promoters, who own 13.05% as of September 30, have chosen not to participate in the programme. This buyback follows the board’s approval in September and marks the fifth such exercise in the company’s history.
Broader markets showed mixed performance, with the Nifty Midcap 100 ending in green, while the Nifty Smallcap 100 ended lower.
Among individual stocks,
The Nifty IT Index was the top gainer on Wednesday, ending higher by 2.97%, recording the biggest intraday gain in the last 6 months. The Nifty PSU Bank Index followed with a 1.16% rise, with 11 out of 12 constituents closing in the red. The Nifty PSU Bank index closed at a fresh record high.
The key drivers of the index gains were:
On the other hand, these stocks dragged the index:
The broader market indices showed mixed performance on Wednesday. The Nifty Midcap 100 index advanced by 0.21%, while the Nifty Smallcap 100 ended down by 0.43%.
As of November 19, 2025, market breadth favoured declining stocks. Out of 3,214 stocks traded on the NSE, 1,414 advanced, 1,704 declined, and 96 remained unchanged.
A total of 72 stocks touched their 52-week highs, while 148 hit their 52-week lows. Additionally, 78 stocks were locked in their upper circuits, whereas 68 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.