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)
• 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)
• Diwali gains often last. Will this year’s Sensex rally hold?. The Sensex has risen in the week after Muhurat in almost two-thirds of the past 30 years. Earnings and foreign buying will determine whether this year’s rally has further to go (LiveMint Markets)

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 · Recent market rally proves time in the market beats timing the market: HDFC AMC's Navneet Munot · Diwali gains often last. Will this year’s Sensex rally hold?

Economy & policy

Economy and policy

• 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)
• Income Tax Officials To Get Training In Securities Markets As NADT, NISM Sign MoU. The MoU was signed on Nov. 13 by Navneet Manohar, principal additional director general of NADT-RC, Mumbai, and Yogita Shrikant Jadhav, registrar of NISM, Mumbai. (NDTV Profit)
• Grandparents gift ₹5 lakh to your child? Here's who pays tax on FD interest and mutual fund gains. Money gifted by grandparents to a child is generally tax-free, but returns earned from investing that amount may attract income tax. Parents must understand clubbing provisions, gift exemptions and reporting requirements to avoid unexpected tax liabilities. (Business Today Mkts)
• RBI approves Pratap Singh's appointment as MD & CEO of Fino Payments Bank. Fino Payments Bank on Friday said the Reserve Bank of India has approved the appointment of Pratap Singh as MD & CEO of the bank for a period of three years. (BS Companies)

Read more India 10-year bond yield reverses half of last week's drop on elevated inflation · Income Tax Officials To Get Training In Securities Markets As NADT, NISM Sign MoU · Grandparents gift ₹5 lakh to your child? Here's who pays tax on FD interest and mutual fund gains · RBI approves Pratap Singh's appointment as MD & CEO of Fino Payments Bank

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)
• Upcoming dividend, stock split, buyback record date next week, 16-20 Nov: MRF, SCI, PFC, Power Grid, Venus Pipes, more. Investors will track several corporate actions next week, including BN Agrochem’s 10-for-1 stock split, InvIT income distributions, an amalgamation, rights issues and a share buyback. Record dates run from November 16 to November 20. (LiveMint 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)
• RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 cr. RHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter. The consolidated revenues experienced a modest increase, hitting Rs 1,038.26 crore this period. (Economic Times Markets)

Read more MSCI rejig: Which stocks may see the biggest inflows & outflows? · Upcoming dividend, stock split, buyback record date next week, 16-20 Nov: MRF, SCI, PFC, Power Grid, Venus Pipes, more · Honasa, Nykaa rally up to 4% in subdued market; record 52-week highs · RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 cr

Companies

New issues

• Anthropic's $1.4 trillion IPO faces a $901 billion question: Can AI revenues justify its compute bill?. Anthropic's proposed $1.4 trillion stock market debut comes amid soaring revenues and improving profitability, but its massive $901 billion compute commitments are raising questions about long-term sustainability. (Business Today Mkts)
• Mahanadi Coalfields files RHP for proposed IPO worth nearly Rs 9,500 crore. Mahanadi Coalfields Ltd has filed its Red Herring Prospectus for an initial public offering with regulatory bodies. This IPO features an offer for sale of roughly 66.18 crore equity shares from Coal India, amounting to a 10 percent stake in the subsidiary MCL. (Economic Times Markets)
• Anthropic IPO buyers have more influence on price than SpaceX. Anthropic PBC is gearing up for its initial public offering, setting ambitious price targets to capture investor interest. The firm aspires to achieve record fundraising that could eclipse SpaceX's previous achievements. (Economic Times Markets)
• Wall St Week Ahead: Nvidia results, Anthropic IPO pose tests for tumultuous AI trade. Nvidia is poised for a critical quarterly earnings report amidst controversies and leadership changes. Investors are wary as Anthropic prepares for a significant initial public offering, valued at up to $1.4 trillion. (Economic Times Markets)

Read more Anthropic's $1.4 trillion IPO faces a $901 billion question: Can AI revenues justify its compute bill? · Mahanadi Coalfields files RHP for proposed IPO worth nearly Rs 9,500 crore · Anthropic IPO buyers have more influence on price than SpaceX · Wall St Week Ahead: Nvidia results, Anthropic IPO pose tests for tumultuous AI trade

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-China Border Has Become 'More Alive', Needs Greater Troop Commitment Says EAM Jaishankar. Jaishankar also said that India has bolstered its military capabilities along the Line of Actual Control (LAC). (NDTV Profit)
• Jefferies’ Chris Wood Sees India As Big Winner Of 'Reverse AI Trade’, But There’s An Iran Catch. Jefferies strategist Christopher Wood sees India as the biggest potential beneficiary of a global shift away from AI stocks. However, renewed conflict involving Iran remains a major risk. (NDTV Profit)

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-China Border Has Become 'More Alive', Needs Greater Troop Commitment Says EAM Jaishankar · Jefferies’ Chris Wood Sees India As Big Winner Of 'Reverse AI Trade’, But There’s An Iran Catch

What matters next