On Monday, November 17, Indian equity benchmark indices closed in the green, extending their winning streak for the sixth consecutive session. The benchmark indices were led by financials after the Reserve Bank of India provided relief to export-oriented sectors.
At the close, the Nifty 50 ended up by 103.40 points or 0.40% at 26,013.45, while the Sensex gained 388.17 points or 0.46% to close at 84,950.95. Both benchmark indices are now about 1% below their record highs. India’s volatility index, India VIX, declined by nearly 1.5%, slipping below the level of 12.
Meanwhile, the RBI opened a dispensation window for export-oriented sectors to mitigate the burden of debt servicing due to trade disruptions. The move eases concerns on the health of export-linked sectors, while also benefiting banks.
On the sectoral front, all eleven key indices ended in positive territory. Nifty Financial Services closed 0.56% higher, while gauges for banks and private-sector banks – Bank Nifty – gained 0.76%. The index also made a fresh new all-time high. The Nifty PSU Bank index emerged as the top-gaining sector, jumping over 1%.
Broader markets outperformed frontline indices, with the Nifty Midcap 100 and the Nifty Smallcap 100 indices ending higher.
Among individual stocks,
The Nifty PSU Bank Index was the top gainer on Monday, ending higher by 1.09%, extending gains for the 2nd straight day. The Nifty Auto Index followed with a 0.85% rise, with 12 of 15 constituents closing higher.
The key drivers of the index gains were:
On the other hand, these stocks dragged the index:
The broader market indices showed positive performance on Monday. The Nifty Midcap 100 index jumped by 0.73%, while the Nifty Smallcap 100 ended up by 0.52%. Interestingly, the Nifty Midcap index hit a fresh all-time high on Monday.
As of November 14, 2025, market breadth favoured advancing stocks. Out of 3,253 stocks traded on the NSE, 1,651 advanced, 1,523 declined, and 79 remained unchanged.
A total of 108 stocks touched their 52-week highs, while 145 hit their 52-week lows. Additionally, 98 stocks were locked in their upper circuits, whereas 110 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.