The Nifty ended 103 points higher, while the Sensex was up by 388 points.
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, November 17, 2025: Today, the benchmark indices continued their positive momentum. The Nifty ended 103 points higher, while the Sensex was up by 388 points. Among sectors, almost all the major sectoral indices traded in the positive territory, but Financial Services and PSU Banks indices outperformed, gaining over 1 percent.
Technically, on daily charts, the index has formed a bullish candle, and on intraday charts, it is holding an uptrend continuation formation, which is largely positive. We believe that 25,900/84500 would act as a key support zone for day traders. Above this level, the index could move up to 26,100/85200. Further upside may also continue, potentially lifting the index up to 26,200-26225/85500-85700.
Gaurav Garg, Research Analyst Lemonn Markets Desk, states:
Equity benchmarks traded higher on Monday, supported by strength in heavyweight stocks and steady Q2 earnings. Bank Nifty hit another record high as sentiment improved after the RBI’s support measures for export-oriented sectors, which also boosted lender confidence. Markets also reacted positively to the ruling coalition’s strong victory in the Bihar elections, which investors viewed as a signal of policy continuity and improved economic stability.
Broader cues remained supportive, with healthy September-quarter earnings lifting sentiment and expectation of further improvement in the second half of FY26. Globally, risk appetite improved after the U.S. removed tariffs on several food items. Technically, Nifty retains room to test 26,130–26,550, though staying above 26,130 is key to maintaining momentum, while a fall below 25,840 may indicate a pause in the uptrend.
On the flip side, below 25,900/84500, the uptrend would become vulnerable.
