Nifty 50 ended the week at 25,144.30, up 0.46% over the week

The session

Where the market stands

Key drivers

Market breadth

Currency, commodities & rates

Currency, commodities and rates

• USD/INR: 94.23, rupee weaker by 0.57% on the session
• India VIX: 15.49 (-6.8%)
• Gold (rupee terms): -0.71% on the session, -3.7% over five sessions

Key drivers

Markets

• Nifty PSU Bank logs biggest weekly surge in two years; PNB, Bank of India, Bank of Baroda among top performers. PSU banking stocks rallied for a third straight week, lifting the Nifty PSU Bank index 8% to its highest level since March. Among individual stocks, Punjab National Bank emerged as the top performer, surging 13.3% to ₹143. (LiveMint Markets)
• Stock Market Highlights: Sensex Falls 318 Points, Nifty 50 Ends Below 25,200; Shriram Fin, Tata Motors PV, Grasim Top Losers. All the sectoral indices closed in the red, with Nifty Realty, Nifty Auto, Nifty IT, Nifty Metal and Nifty Private Bank falling the most. (NDTV Profit)
• India equity surge brightens outlook for exchanges, brokerages. India's equity market is witnessing a vibrant revival, boosting earnings prospects for brokerages and exchanges. A surge in trading activity, spurred by favorable market dynamics and declining crude oil prices, indicates robust investor engagement. (Economic Times Markets)
• Recent market rally proves time in the market beats timing the market: HDFC AMC's Navneet Munot. HDFC AMC's H-SiF has launched the Hybrid Long Short Fund, its first offering in the SIF space. (Business Today Mkts)

Read more Nifty PSU Bank logs biggest weekly surge in two years; PNB, Bank of India, Bank of Baroda among top performers · Stock Market Highlights: Sensex Falls 318 Points, Nifty 50 Ends Below 25,200; Shriram Fin, Tata Motors PV, Grasim Top Losers · India equity surge brightens outlook for exchanges, brokerages · Recent market rally proves time in the market beats timing the market: HDFC AMC's Navneet Munot

Economy & policy

Economy and policy

• October retail inflation surge may weigh on housing demand, raise rate hike concerns: Knight Frank, PHDCCI. Rising retail inflation could weaken household purchasing power and constrain discretionary spending, including housing expenditure, while increasing the possibility of further monetary tightening by the Reserve Bank of India (RBI), industry bodies said on… (Economic Times Markets)
• Retail inflation hits two-year high of 6.09% in October, breaches RBI's 6% limit; December rate hike likely. India's retail inflation surged to a two-year high of 6.09% in October, breaching the RBI's 6% upper tolerance limit as food prices climbed sharply. Economists now expect another 25-basis-point rate hike in December amid broadening inflationary pressures. (Business Today Mkts)
• India bonds track Treasury weakness ahead of debt supply. Indian government bonds are currently facing losses as traders brace for an influx of debt supply and mounting inflation pressures. (Economic Times Markets)
• India 10-year bond yield reverses half of last week's drop on elevated inflation. Indian government bonds fell for a third consecutive session, driven by inflation and interest-rate outlook concerns. The benchmark yield increased to 7.3079%, reversing much of last week's gains. (Economic Times Markets)

Read more October retail inflation surge may weigh on housing demand, raise rate hike concerns: Knight Frank, PHDCCI · Retail inflation hits two-year high of 6.09% in October, breaches RBI's 6% limit; December rate hike likely · India bonds track Treasury weakness ahead of debt supply · India 10-year bond yield reverses half of last week's drop on elevated inflation

Companies

• MSCI rejig: Which stocks may see the biggest inflows & outflows?. In a significant update, MSCI has revealed modifications to its indices, impacting several Indian stocks starting November 30. This shift is predicted to boost India's representation within the MSCI Emerging Markets Index. (Economic Times Markets)
• Honasa, Nykaa rally up to 4% in subdued market; record 52-week highs. Thus far in the calendar year 2026, Honasa Consumer's share price zoomed 80% and Nykaa surged 38%, against a 4% decline in the BSE Sensex. (Business Standard Mkts)
• Up in 8 of last 10 sessions, HDFC Bank share price jumps 22% in this period - Why should you still buy the bank stock?. HDFC Bank shares have rebounded about 22% from their 52-week low in 10 trading sessions, adding roughly ₹2.2 lakh crore to market value. (LiveMint Markets)
• Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out. Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The company will repurchase up to 6.59 crore shares through the tender offer route, with November 25 fixed as the record date. (Economic Times Markets)

Read more MSCI rejig: Which stocks may see the biggest inflows & outflows? · Honasa, Nykaa rally up to 4% in subdued market; record 52-week highs · Up in 8 of last 10 sessions, HDFC Bank share price jumps 22% in this period - Why should you still buy the bank stock? · Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out

Companies

New issues

• Paytm shares at ₹1,925, close in on IPO listing-day high after 100% rally from March lows. What led a recovery?. Paytm shares rose 7.3% to ₹1,925, their highest close since listing in 2021, amid optimism that merchant discount rate charges could lift margins. The company reported September-quarter profit of ₹226 crore, while mutual fund ownership reached a record 21.17%. (LiveMint Markets)
• Haldiram IPO in making: Namkeen to D-Street, snack giant eyes stock market debut - Check listing timeline, valuation. Haldiram Snacks Food has reportedly begun preparing for an IPO and appointed EY to manage the process. The offering could combine a fresh share issue with an offer for sale, potentially raise about ₹10,000 crore (LiveMint Markets)
• Anthropic IPO oversubscribed nearly six times; can AI firm become new NVIDIA amid stock crash? Experts' views. Anthropic IPO: Anthropic IPO has reportedly received nearly six times the demand for the shares on offer, according to a Bloomberg report. (LiveMint Markets)
• Anthropic IPO: Who is Krishna Rao? Meet the CFO whose $1.30 stock options could unlock a ₹7,000 crore fortune. Anthropic is preparing an IPO that could value the company at up to $1.4 trillion. CFO Krishna Rao’s 9.497 million shares, acquired through options with a $1.30 exercise price, could gain about 5,600% at the proposed $74 share price. (LiveMint Markets)

Read more Paytm shares at ₹1,925, close in on IPO listing-day high after 100% rally from March lows. What led a recovery? · Haldiram IPO in making: Namkeen to D-Street, snack giant eyes stock market debut - Check listing timeline, valuation · Anthropic IPO oversubscribed nearly six times; can AI firm become new NVIDIA amid stock crash? Experts' views · Anthropic IPO: Who is Krishna Rao? Meet the CFO whose $1.30 stock options could unlock a ₹7,000 crore fortune

Currency, commodities & rates

World

• NSE IX Global Access expands investment offerings into 7 European markets. NSE IX expands global investment access to seven European markets, offering Indian investors exposure to over 11,500 securities (Business Standard Mkts)
• China's BYD clears import hurdle, looks to accelerate India push. Homologation removes the 2,500-unit import restriction on three models, giving the Chinese carmaker more room to scale its EV business as it enters the luxury market with Denza. (LiveMint Companies)
• India looks to settle Scotch whisky disputes with UK soon. Commerce secretary says will honour all commitments; department of revenue engaged with stakeholders (Business Today Mkts)

Read more NSE IX Global Access expands investment offerings into 7 European markets · China's BYD clears import hurdle, looks to accelerate India push · India looks to settle Scotch whisky disputes with UK soon

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