Strong Week for Equities: IT, Banks, and Oil & Gas Lift Markets

18 Nov 2025 , 05:29 PM

In a week when the markets had a strong performance, FIIs sold equities worth INR 12,020 crore. Despite the choppiness in global markets, the VIX eased to 11.94 after rising to a two-month high of 12.56 in the previous week. Overall, Indian markets ended the week on a positive note, supported by gains in banking, IT, and oil & gas, along with steady mid-cap interest. Softer crude prices, healthy earnings, and easing U.S. shutdown concerns lifted sentiment, while limited profit booking created mild volatility.

 

BSE SENSEX 30 INDEX – PSU Banks Power Weekly Market Surge

Weekly Performance: 1.62%

date	open	high	low	close
14 Nov, 2025	84060.1	84697.9	84029.3	84562.8
13 Nov, 2025	84525.9	84919.4	84253.0	84478.7
12 Nov, 2025	84238.9	84652.0	84166.8	84466.5
11 Nov, 2025	83671.5	83936.5	83124.0	83871.3
10 Nov, 2025	83198.2	83754.5	83197.7	83535.4
07 Nov, 2025	83150.1	83390.1	82671.0	83216.3

Source: BSE

The BSE SENSEX 30 index closed higher last week, after seeing a pullback the previous week. Sector rotation within PSU banks and capital goods, along with strong IT sector momentum, drove weekly gains. Market sentiment improved as U.S. shutdown risks eased. Notably, the BJP’s gains in the Bihar elections resulted in a rally even on a day when most global markets had corrected. The index hit a high of 84919.4 and a low of 82671.0 during the week. It closed at 84562.8 on 14 Nov, recording a weekly gain of 1346.5 pts.

NIFTY 50 INDEX – Financials Ignite A Broad Market Surge

Weekly Performance: 1.64%

date	open	high	low	close
14 Nov, 2025	25767.9	25940.2	25740.8	25910.0
13 Nov, 2025	25906.1	26010.7	25808.4	25879.2
12 Nov, 2025	25834.3	25934.5	25781.2	25875.8
11 Nov, 2025	25617.0	25715.8	25449.2	25695.0
10 Nov, 2025	25503.5	25653.5	25503.5	25574.3
07 Nov, 2025	25433.8	25551.2	25318.5	25492.3

Source: NSE

The Nifty 50 index ended higher by 1.64% last week, after breaking the two-week losing streak. Positive momentum was supported by select large-caps, along with gains in Nifty IT and Pharma.  A rebound in global tech stocks led to a positive start to the week. However, as global markets witnessed selling pressure by the end of the week, Indian markets were buoyed by optimism over the Bihar elections. The index hit a high of 26010.7 and a low of 25318.4 during the week. It closed at 25910.0 on 14 Nov, recording a weekly gain of 417.8 pts.

 

NIFTY MIDCAP 100 INDEX – Cautious Rotation Fuels Mid‑Cap Gains

Weekly Performance: 1.5%

date	open	high	low	close
14 Nov, 2025	60708.8	60973.3	60489.1	60739.2
13 Nov, 2025	60955.4	61131.8	60623.0	60692.1
12 Nov, 2025	60704.7	61011.0	60641.2	60902.3
11 Nov, 2025	60247.3	60459.8	59812.1	60427.0
10 Nov, 2025	59970.4	60308.8	59881.4	60124.2
07 Nov, 2025	59285.8	59918.7	58807.3	59843.2

Source: NSE

The Nifty Midcap 100 index underperformed large caps but still ended the week with gains, supported by strong interest in select mid-cap stocks. Capital goods and IT added stability, while stock-specific moves in infrastructure and commodities kept the index flat to slightly positive. The index hit a high of 61131.8 and a low of 58807.3 during the week. It closed at 60739.2 on 14 Nov, recording a weekly gain of 896.0 pts.

 

NIFTY SMALLCAP 100 INDEX – An Underperformance vs Large Caps

Weekly Performance: 0.98%

date	open	high	low	close
14 Nov, 2025	18154.3	18286.8	18148.0	18252.5
13 Nov, 2025	18287.0	18312.5	18160.3	18183.7
12 Nov, 2025	18174.3	18265.2	18155.3	18250.5
11 Nov, 2025	18170.9	18188.7	18042.3	18101.4
10 Nov, 2025	18128.7	18183.9	18097.6	18138.6
07 Nov, 2025	18006.2	18128.5	17843.9	18076.0

Source: NSE

The Nifty Smallcap 100 index underperformed large caps but posted gains. The index hit a high of 18312.6 and a low of 17843.9 during the week. It closed at 18252.5 on 14 Nov, recording a weekly gain of 176.5 pts.

 

NIFTY BANK INDEX – PSU Banks Drive Strong Market Momentum

Weekly Performance: 1.11%

date	open	high	low	close
14 Nov, 2025	58050.0	58590.1	58050.0	58517.6
13 Nov, 2025	58158.8	58615.9	58127.1	58381.9
12 Nov, 2025	58505.4	58507.7	58171.9	58274.6
11 Nov, 2025	57962.3	58187.4	57594.2	58138.1
10 Nov, 2025	57846.2	58097.2	57846.2	57937.6
07 Nov, 2025	57391.4	58001.4	57157.9	57876.8

Source: NSE

Last week, Nifty Bank rose 1.11%, led by PSU banks and financials on strong domestic sentiment. Optimism from banking earnings drove rotation toward financials and capital goods. The index hit a high of 58615.9 and a low of 57157.9 during the week. It closed at 58517.6 on 14 Nov, recording a weekly gain of 640.8 pts.

 

NIFTY IT INDEX – IT Stocks Surge on Fed Cut Hopes

Weekly Performance: 3.37%

date	open	high	low	close
14 Nov, 2025	36392.1	36503.0	35957.3	36301.2
13 Nov, 2025	36937.9	36939.9	36525.4	36679.5
12 Nov, 2025	36299.4	36911.9	36290.8	36855.4
11 Nov, 2025	35902.9	36149.9	35683.9	36116.9
10 Nov, 2025	35246.9	35855.6	35237.2	35688.2
07 Nov, 2025	35233.2	35272.6	34732.5	35117.6

Source: NSE

The Nifty IT index surged 3.37% following a decline in the previous week. The rally was supported by positive global cues such as hopes of a Fed rate cut and a rebound in global tech at the start of the week. The index hit a high of 36939.9 and a low of 34732.5 during the week. It closed at 36301.2 on 14 Nov, recording a weekly gain of 1183.6 pts.

 

NIFTY OIL & GAS INDEX – Crude Slide Trumps Gas Surge

Weekly Performance: 1.62%

date	open	high	low	close
14 Nov, 2025	12155.8	12264.0	12142.3	12190.1
13 Nov, 2025	12215.7	12225.8	12139.6	12177.0
12 Nov, 2025	12163.0	12249.0	12140.9	12190.8
11 Nov, 2025	12059.0	12104.0	11941.8	12092.8
10 Nov, 2025	11986.5	12110.5	11981.8	12021.8
07 Nov, 2025	11965.5	12032.4	11917.6	11996.1

Source: NSE

The Nifty Oil & Gas index traded positively last week, supported by softer crude prices. The index hit a high of 12264.0 and a low of 11917.6 during the week. It closed at 12190.1 on 14 Nov, recording a weekly gain of 194.0 pts.

 

NIFTY FMCG INDEX – Profit‑Taking Hits Consumer Staples

Weekly Performance: 0.22%

date	open	high	low	close
14 Nov, 2025	55153.6	55621.2	54914.6	55560.8
13 Nov, 2025	55594.8	55616.7	55209.8	55243.5
12 Nov, 2025	55629.9	55639.8	55327.2	55529.2
11 Nov, 2025	55347.3	55588.4	55048.4	55523.1
10 Nov, 2025	55425.9	55652.4	55291.4	55334.4
07 Nov, 2025	55497.6	55712.1	55306.9	55437.2

Source: NSE

The Nifty FMCG index was a key underperformer. High valuation and lack of demand acceleration continue to be key headwinds. This, along with deflation in food prices that have impacted rural consumption, continues to impact investors’ sentiment. The index hit a high of 55712.1 and a low of 54914.6 during the week. It closed at 55560.8 on 14 Nov, recording a weekly gain of 123.6 pts.