Post Market Update Today Nov 28: Nifty, Sensex End Marginally Lower Before GDP Data Release; Reliance Up 5.5% in November

At the close, the Nifty 50 ended down by 10.70 points or 0.05% at 26,202.95, while the Sensex declined by 13.71 points or 0.02% to close at 85,706.67. Both benchmark Indices hover near record highs hit in the previous session. However, broader markets were subdued due to higher valuations. India’s volatility index, India VIX, declined nearly 1.5%, crossing below the level of 12.

On a weekly basis, the Nifty 50 index extended its rally for the 3rd consecutive week. This week, the index is up by 0.52%.

Index heavyweight Reliance Industries gained 5.46% in November and is on track for a jump of about 14% in three months. The share price touched a 16-month high during the day and closed 0.26% higher on Friday.

On the sectoral front, 7 out of 11 key indices ended in positive territory. Nifty IT, Nifty Realty, Nifty Financial Services & Nifty Energy ended in red.

Broader markets declined, with the Nifty Midcap 100 and Nifty Smallcap 100 ending lower.

Stock-Specific Highlights

Among individual stocks,

• Gas transmission and distribution company GAIL share price fell 4.19% after the regulator's transmission tariff hike of 12% was lower than the management expectation.
• Road builder Ashoka Buildcon share price fell 3.38% after the National Highways Authority of India suspended the company from bidding for a month or until probe ends after two pre-cast girders collapsed on NH-66, killing one person.

Nifty Auto - Top Gainer

The Nifty Auto Index was the top gainer on Friday, ending higher by 0.62% and near a record high. On the flip side, Nifty Energy declined by 0.58% and emerged as the top loser.

Nifty 50: Top Pullers and Draggers of the Day

The key drivers of the index gains were:

• Mahindra & Mahindra: +15.51 points
• Reliance Industries: +8.32 points
• Sun Pharmaceutical Industries: +5.02 points

On the other hand, these stocks dragged the index:

• HDFC Bank: -9.38 points
• Bharti Airtel: -9.33 points
• Infosys: -6.56 points

Broader Markets End Negative

The broader market indices showed negative performance on Friday. The Nifty Midcap 100 index declined by 0.11%, while the Nifty Smallcap 100 ended down by 0.27%. 

Market Breadth

As of November 28, 2025, market breadth was slightly tilted towards declining stocks. Out of 3,189 stocks traded on the NSE, 1,529 advanced, 1,556 declined, and 104 remained unchanged. 

A total of 60 stocks touched their 52-week highs, while 160 hit their 52-week lows. Additionally, 82 stocks were locked in their upper circuits, whereas 83 stocks were in lower circuits.

Disclaimer: The article is for informational purposes only and not investment advice.