Indian equity benchmarks snapped a six-day winning streak on Tuesday, ending lower in a volatile session. The market gave up its early gains as profit-taking emerged in the second half, with IT and metal stocks being the biggest drags. The broader markets also faced selling pressure, with the Nifty Midcap and Smallcap indices declining.
The S&P BSE Sensex fell 277.93 points (0.33%) to close at 84,673.02. The NSE Nifty 50 also declined, dropping 103.45 points (0.40%) to end the day at 25,910.00.
Key Market Highlights
-
Sensex: Closed at 84,673.02, down by 278 points.
-
Nifty 50: Ended the session below the 25,950 mark.
-
Market Sentiment: The market started on a positive note, tracking gains in Asian and US markets. However, the sentiment turned cautious in the latter half of the session as traders booked profits after a sustained rally. The India VIX, a measure of volatility, rose by 2.93%, indicating an increase in fear and uncertainty.
-
Institutional Flows: Foreign Institutional Investors (FIIs) were net buyers of Indian equities on Monday, purchasing shares worth ₹442 crore. Domestic Institutional Investors (DIIs) also continued their strong buying, with net purchases of ₹1,466 crore.
Top Gainers and Losers
Gains in the auto and telecom sectors were not enough to offset the losses in IT, metals, and some consumer stocks.
| Top Gainers |
Top Losers |
| Bharti Airtel (+1.84%) |
Tata Consumer Products (-2.8%) |
| Eicher Motors (+0.46%) |
Tech Mahindra (-2.4%) |
| Bajaj Auto (+0.48%) |
Jio Financial Services (-2.2%) |
| HAL (+0.64%) |
Wipro (-2.0%) |
| Asian Paints (+0.59%) |
Infosys (-2.0%) |
Busiest Day of Q2 Earnings Season Concludes
Tuesday marked the end of the busiest week for corporate earnings, with several companies announcing their results for the September quarter.
-
Mono Pharmacare: The company had its board meeting today to consider and approve its financial results for the quarter and half-year ended September 30, 2025.
-
Bright Solar: The company also held a board meeting to approve its quarterly financial results.
IPO Market Heats Up
The primary market was abuzz with activity, with a major IPO closing for subscription.
-
Capillary Technologies IPO: The IPO of SaaS company Capillary Technologies closed for public subscription today, November 18. The company aimed to raise ₹877.50 crore through the issue, which had a price band of ₹549-₹577 per share.
Sectoral Performance
It was a day of widespread losses, with most sectoral indices ending in the red.
-
Top Losers: The IT - Software, Non-ferrous Metals, and Consumer Durables sectors were among the biggest laggards, each falling by over 1%. The Edible Oil, Diamond & Jewellery, and Shipping sectors also saw significant selling pressure.
-
Lone Gainer: The Consumer Durables - Mobile sector was the only sectoral gainer, with a marginal rise.
Frequently Asked Questions (FAQs)
Why did the market fall today?
The market's decline was primarily due to profit-taking after a six-day rally. Weakness in global markets and selling pressure in the heavyweight IT and metal sectors also contributed to the negative sentiment.
Which sectors were the most affected?
The IT, Non-ferrous Metals, and Consumer Durables sectors were the worst performers, each falling by over 1%. The broader market also witnessed a sell-off, with the mid-cap and small-cap indices ending in the red.
What's new in the IPO market?
The IPO of Capillary Technologies closed for subscription today. The company had aimed to raise ₹877.50 crore through the issue.