On Friday, November 21, Indian equity benchmark indices closed with a loss of 0.47% after hitting a fresh 52-week high yesterday. The benchmark indices declined on broad-based profit booking as the indices neared record highs.
At the close, the Nifty 50 ended down by 124 points or 0.54% at 26,068.15, while the Sensex declined by 400 points or 0.47% to close at 85,231.92. Both benchmark indices are now about 0.8% below their record highs. India’s volatility index, India VIX, surged over 10%, crossing above the level of 13.5.
On the sectoral front, one out of 11 key indices ended in positive territory. Nifty Metals dropped the most by 2.34%, dragged by Hindalco after a fire at its' unit Novelis' aluminium plant in New York. Other metal stocks also fell after the government extends exemption from mandatory quality control orders for select steel grades.
Broader markets declined heavily, with the Nifty Midcap 100 and Nifty Smallcap 100 slipping over 1%.
Among individual stocks,
The Nifty FMCG Index was the top gainer on Friday, ending marginally higher by 0.14% extending the rally for 3rd day. On the flip side, Nifty Metals declined by 2.34% emerging as the top loser.
The key drivers of the index gains were:
On the other hand, these stocks dragged the index:
The broader market indices showed negative performance on Friday. The Nifty Midcap 100 index declined by 1.13%, while the Nifty Smallcap 100 ended down by 1.22%.
As of November 21, 2025, market breadth favoured declining stocks. Out of 3,175 stocks traded on the NSE, 784 advanced, 2,305 declined, and 86 remained unchanged.
A total of 42 stocks touched their 52-week highs, while 182 hit their 52-week lows. Additionally, 69 stocks were locked in their upper circuits, whereas 76 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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