Indian Stock Market: Nifty Extends Winning Streak to Five Sessions, Surpassing 25,900 Amidst Strong Recovery

Economy

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Updated on 16 Nov 2025, 09:00 am

The Indian stock market's benchmark Nifty index demonstrated remarkable resilience by extending its winning streak for the fifth straight trading session, finishing Friday above the 25,900 level. The index overcame an initial 112-point gap-down opening, which was triggered by subdued global market sentiment. Throughout the first half of the day, the Nifty traded with caution, but a significant shift occurred post 2 PM. A robust late-session rally saw the Nifty rebound by nearly 200 points from its intraday low of 25,740, successfully erasing early losses and closing in the green.

Among the top performers within the index constituents were Bharat Electronics, Eternal, and Trent, alongside State Bank of India. Conversely, Infosys, Eicher Motors, and Tata Steel faced profit-booking pressure. Sectoral performance was mixed, with Nifty PSU Banks, Pharma, and FMCG indices leading the gains. However, the IT, Auto, and Metal sectors ended in the red.

Broader markets showed relative firmness, with the Nifty Midcap 100 and Smallcap 100 indices posting modest gains. On a stock-specific note, Billionbrains Garage Ventures Ltd., the parent company of Groww, saw its shares extend gains for a third session. Pine Labs experienced a strong market debut, listing at ₹242, a nearly 10% premium over its issue price.

**Impact** Market analysts express a bullish outlook, expecting the market to remain firm. Siddhartha Khemka of Motilal Oswal highlighted easing retail inflation and positive corporate earnings as supportive factors, adding that a potential India-US trade deal announcement could further boost the market. Nagaraj Shetti of HDFC Securities indicated a positive underlying trend with potential for further upside beyond the current resistance zones. Nilesh Jain of Centrum Broking suggests a buy-on-dips strategy as long as key support levels hold, with a sustained move above 26,000 potentially driving the index higher. Rupak De of LKP Securities attributed the late rally partly to the Bihar election mandate, reinforcing strong sentiment and potential for short-term gains.

Rating: 8/10

**Difficult Terms** * **Gap-down**: When a stock or index opens at a price significantly lower than its previous day's closing price. * **Profit-booking**: The act of selling an asset after its price has risen to realize profits. * **Support Zone**: A price level where demand is strong enough to prevent a further decline. * **Resistance Zone**: A price level where selling pressure is strong enough to prevent a further increase. * **Buy-on-dips**: A strategy where investors buy an asset when its price falls, expecting it to recover. * **Short Covering**: The act of buying a security to close out a previously established short position.