Closing Bell 17th Nov: Nifty 50 up by 0.40%, Sensex up by 0.46%

On Monday, Indian bourses closed in green, with the Nifty 50 opening at 25,948.20, reaching a high of 26,024.20, and closing at 26,013.45, up by 0.40%. Similarly, the BSE Sensex opened at 84,700.50, reached a high of 84,988.09, and ended at 84,950.95, up by 0.46%.Reasons for the positive sentimentThe markets continue to trade in green due to several reasons:The rising hopes for improved second-half earnings in the current fiscal year.Investors are watching out positively for further updates on the India-U.S. trade deal.Major Indices Today IndicesLTPPrev closeChangeNifty 5026,013.4525,910.050.40%BSE Sensex84,950.9584,562.780.46%Next 5070,154.1069,786.850.53%Bank Nifty58,962.7058,517.550.76%Fin Nifty27,646.2027,491.850.56% Nifty and Sensex traded in green, led by the gains in Banking and Financial stocks.Nifty Next 50 traded green, as Motilal Oswal expects an improved earnings outlook for H2 FY26 and also due to the overall positive market sentiment.The Bank Nifty traded higher to hit a record high of 59,001.55, led by gains in private banks, after demand deposits rose 21% YoY.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT36,375.2036,301.250.20%Nifty Auto27,472.6527,239.800.85%Nifty FMCG55,677.1555,560.800.21%Nifty Pharma22,867.6022,821.050.20%Nifty Healthcare14,932.5014,871.850.41%Nifty Oil & Gas12,235.8512,190.100.38% Nifty IT traded in green after mutual funds raised their exposure in the sector.Nifty Auto traded in green with the recent narrative on ‘Unstoppable Bharat’, which expects single-digit volume growth for automobile companies to continue.Nifty FMCG closed positively, driven by the overall market sentiment.Nifty Pharma traded higher after pharma companies Alembic Pharma and Zydus Lifesciences received US FDA approval. The Nifty Oil & Gas index was up after Indian public sector oil companies signed a one-year contract with the U.S to import Liquefied Petroleum Gas.Market Movers TodayYes Bank’s shares jumped by 3% after reports that Sumitomo Mitsui Banking Corporation (SMBC) is open to purchasing more stake in the bank.SpiceJet shares rose by 5% as the company is expecting its operational fleet to double by the end of this year, driven by a sharp expansion in network reach and scale.IRB Infrastructure shares rose by 5% after receiving a project worth ₹9270 crore from the National Highways Authority of India (NHAI).Alembic Pharma shares rose by 2% after the company received US FDA approval for Diltiazem Hydrochloride Tablets for the treatment of chronic stable angina.Top Gainers Company NameLTPPrev CloseChangeSammaan Capital183.66176.144.27%Hero MotoCorp5,798.505,538.504.69%Siemens3,232.603,084.204.81%Angel One2,847.402,745.303.72%PB FinTech1,815.701,738.604.43% Top Losers Company NameLTPPrev CloseChangeTata Motors Passenger Vehicles372.70391.20-4.73%Astral1,465.701,514.00-3.19%Inox Wind146.11148.69-1.74%Adani Enterprises2,462.002,516.80-2.18%Mphasis2,688.702,772.10-3.01% 52W High Stocks Company NameLTP52W highChangeState Bank of India973.35976.000.57%Asian Paints2,887.902,926.90-0.64%Bharat Petroleum374.25381.550.84%Muthoot Finance3,760.503,767.800.94%Punjab National Bank123.00124.850.65% 52W Low Stocks Company NameLTP52W lowChangeAnthem Biosciences665.45664.05-1.98%Cohance Lifesciences611.45608.80-0.66%Bata1,014.601,013.00-1.22%Westlife Foodworld544.25538.25-0.85%Aurionpro Solutions1,093.601,081.000.16% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea10.9310.94-0.09%Yes Bank23.1622.502.93%Canara Bank149.12146.072.09%Suzlon Energy57.7057.680.03%IDFC First Bank81.0180.430.72% IPOsCapillary Technologies IPO is open and will close on 18th November. The price band is set at ₹549 to ₹577 per share.Fujiyama Power System IPO closed today. The price band is set at ₹216 to ₹228 per share.Allotment TodayTenneco Clean Air India shares are allotted today. Investors can check the allotment status online on the NSE and BSE websites.Market AnnouncementsMarico shares rose by 3% after the company reported a revenue from operations of ₹3,482 crores, up by 31% YoY in Q2 FY26.Narayana Hrudayalaya shares jumped by 10% to hit a 52-week high after posting a consolidated net profit of ₹258.37 crores, up by 30% YoY in Q2 FY26.References:Nifty Bank surges to fresh record high, hits 59,000 level for the first time: What's powering this rally?Mutual Funds turn bullish on IT stocks after multi-year low, auto weights cool offUnstoppable Bharat: Auto, banks, defence and aerospace to power India’s next market upswing, says Varun SabooAlembic Pharmaceuticals Secures USFDA Approval for Hypertension DrugZydus Lifesciences gets USFDA nod for Leuprolide Acetate injectionIndia signs first long-term US LPG import deal to boost energy securityYes Bank share price jumps 3% as reports suggest SMBC is open to raising stake in lenderSpiceJet shares rise 5% as airline expects operational fleet to double by 2025-end

Closing Bell 17th Nov: Nifty 50 up by 0.40%, Sensex up by 0.46%

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