On Monday, November 24, Indian equity benchmark indices closed with a loss of 0.4% extending losses for the 2nd consecutive day. The benchmark indices struggled to hold gains at higher levels amid a sell-off in heavyweights such as Reliance Industries and M&M.
At the close, the Nifty 50 ended down by 108.65 points or 0.42% at 25,959.50, while the Sensex declined by 331.21 points or 0.39% to close at 84,900.71. Both benchmark indices are now about 1.2% below their record highs. India’s volatility index, India VIX, dropped nearly 3%, crossing below the level of 13.5.
On the sectoral front, only one out of the 11 major indices closed in positive territory. Nifty IT was the sole gainer, rising 0.41%. The index touched a five-month high in early trade but was unable to sustain the higher levels. An uptick in information technology shares on rising expectations of a Federal Reserve rate cut in December.
Broader markets saw notable pressure, with the Nifty Midcap 100 ending lower and the Nifty Smallcap 100 ended in red.
Among individual stocks,
The Nifty IT Index was the top gainer on Monday, ending higher by 0.42% hitting a 5-month high. On the flip side, Nifty Realty declined by 2.05% 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 Monday. The Nifty Midcap 100 index declined by 0.32%, while the Nifty Smallcap 100 ended down by 0.83%.
As of November 24, 2025, market breadth favoured declining stocks. Out of 3,214 stocks traded on the NSE, 810 advanced, 2,316 declined, and 88 remained unchanged.
A total of 52 stocks touched their 52-week highs, while 280 hit their 52-week lows. Additionally, 69 stocks were locked in their upper circuits, whereas 123 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.