Markets opened strongly on Wednesday morning, with the BSE Sensex rising 457.51 points or 0.54 per cent to 85,044.52 and the NSE Nifty gaining 139.35 points or 0.54 per cent to 26,024.15 as of 9.45 am. The Sensex had closed at 84,587.01 on Tuesday and opened at 84,503.44, while Nifty closed at 25,884.80 and opened at 25,842.95.
The rally came after US economic data signalled softening demand and cooling inflation, strengthening expectations of a December Federal Reserve rate cut. “US indices posted robust overnight gains, while Asian markets are trading firmly in the green after the latest US economic releases—including September retail sales and producer price data—signalled softening demand and cooling inflation, reinforcing expectations of a December rate cut,” said Ponmudi R, CEO of Enrich Money.
Foreign institutional investors turned net buyers with inflows of ₹785.30 crore, while domestic institutional investors pumped in approximately ₹3,912 crore, underscoring strong domestic participation. Oil prices slipped to $57.2 per barrel on reports of a revised Ukraine-Russia peace framework, providing additional support to markets.
“Oil has slipped to $57.2/barrel on reports of a revised Ukraine–Russia peace framework, and FIIs turned net buyers to the tune of ₹785.30 crore—two early positives that may help Nifty rejoin the global market upswing after three days of pressure,” said Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd.
Among top gainers on the Nifty50, JSW Steel surged 2.90 per cent to ₹1,144.30, Adani Ports jumped 2.19 per cent to ₹1,516.40, and Tata Motors (TMPV) gained 2.16 per cent to ₹360.05. Tata Steel rose 1.82 per cent to ₹169.36, while HDFC Life advanced 1.47 per cent to ₹777.80.
On the losing side, only three stocks declined, with Bharti Airtel falling 1.99 per cent to ₹2,118.50, Eicher Motors slipping 0.12 per cent to ₹7,210.00, and Tata Consumer down 0.08 per cent to ₹1,176.70.
“Nifty 50 remains well-supported above its 20-day EMA at 25,841, a trend anchor that has held steady for nearly two months,” Ponmudi noted. “With Gift Nifty indicating a 200+ point gap-up, Nifty is set to open directly above yesterday’s supply zone of 26,000–26,050.”
However, some analysts cautioned about near-term resistance levels. “The index has witnessed bouts of selling as the Nifty failed to withstand the pressure around 26,000, leading to a decline towards 25,850,” said Rupak De, Senior Technical Analyst at LKP Securities. “Sentiment may continue to remain weak, with the possibility of the index falling towards 25,700.”
Dr VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, attributed recent volatility to futures expiry activity. “Yesterday’s 74 point fall in Nifty despite the positive institutional buy figure of Rs 4697 crores is a case of such expiry-related volatility,” he said. “The best strategy for retail investors is to refrain from trading and slowly accumulate fairly-valued high quality growth stocks.”
In commodities, gold held support at ₹1,24,350 with resistance at ₹1,25,850, while silver traded near ₹1,56,450. “Gold and silver ended the session close to two-week high as delayed US economic data boosted expectations of a December Fed rate cut,” said Rahul Kalantri, VP Commodities at Mehta Equities Ltd.
India VIX stood at 12.24, indicating a low-volatility environment with stable market sentiment.
Published on November 26, 2025
