Closing Bell 26th Nov: Nifty 50 up by 1.24% and Sensex by 1.21%

On Wednesday, the Indian share market ended trading in the positive territory, with the Nifty 50 opening at 25,842.95, reaching a high of 26,215.15, and closing at 26,205.30, up by 0.29%. Similarly, the BSE Sensex opened at 84,503.44, reached a high of 85,644.19, and ended at 85,609.51, up by 1.21%.Reasons for the positive sentimentThe markets trade in green due to several reasons:The positive sentiment was led by the gains in Asian and other global markets.According to a report by ICICI, India's GDP is expected to grow by 7.6% in the first half of FY26.Major Indices Today IndicesLTPPrev closeChangeNifty 5026,205.3025,884.801.24%BSE Sensex85,609.5184,587.011.21%Next 5069,189.4068,172.451.49%Bank Nifty59,528.0558,820.301.20%Fin Nifty27,799.5027,409.401.42% Nifty and Sensex traded in green, led by the gains in Banking, IT and Pharma stocks.Nifty Next 50 traded in green, led by the gains in Oil & Gas, FMCG and Automobile stocks. The Bank Nifty traded in green, led by gains in PSU Bank stocks after RBI Governor Sanjay Malhotra reiterated earlier this week that there’s a scope to reduce policy interest rates.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT37,364.6036,826.901.46%Nifty Auto27,696.4027,378.701.16%Nifty FMCG55,442.6055,052.100.71%Nifty Pharma22,862.3522,590.951.20%Nifty Healthcare14,967.1014,799.751.13%Nifty Oil & Gas12,207.8012,001.301.72% Nifty IT traded in green after renewed optimism on Fed rate cuts.Nifty Auto traded higher after Indian automakers are set to launch over three dozen new SUV models and refresh their line-ups for the next five years.Nifty FMCG traded upwards amid broader market sentiment.Nifty Pharma traded in the green after Zydus Lifesciences and SMS Pharma received USFDA approval for Verapamil Hydrochloride Tablets and Ranitidine tablets, respectively.The Nifty Oil & Gas index gained after a rise in crude oil prices.Market Movers TodayMetal shares, namely Lloyds Metal and Energy, rose by 4%. In contrast, shares of Steel Authority of India, JSW Steel, and Jindal Stainless Steel rose by 3% each after the Steel Secretary signalled that the government is set to decide on safeguard duties on some steel imports.Multi Commodity Exchange of India (MCX) shares rose by 4% to hit an all-time high after brokerage firms like Axis Capital and UBS set a bullish call for the stock.Bharti Airtel shares dropped by 2% after a large block deal with 0.6% of the company’s equity, that is around 3.5 crore shares, being sold for roughly ₹7,400 crore at ₹2,108 per share.Tata Motors Passenger Vehicles shares rose by 2% amid optimism driven by brokerages like Emkay Global, UBS, and Nomura on the newly launched Sierra, which is expected to lift the company’s share in the mid-size SUV market.Top Gainers Company NameLTPPrev CloseChangeNuvama Wealth Management7,313.006,972.504.88%PG Electroplast604.20570.355.93%Siemens3,318.803,181.104.33%Sammaan Capital156.79151.743.33%PNB Housing Finance915.90881.453.91% Top Losers Company NameLTPPrev CloseChangeNykaa264.45270.45-2.22%Bharti Airtel2,126.802,161.60-1.61%PI Industries3,440.003,448.50-0.25%Asian Paints2,874.002,875.80-0.06%Adani Enterprises2,315.002,332.90-0.77% 52W High Stocks Company NameLTP52W highChangeReliance Industries1,569.901,571.601.96%State Bank of India983.90999.000.03%Larsen & Toubro4,062.004,074.601.63%Axis Bank1,290.201,292.801.89%Shriram Finance856.60858.852.19% 52W Low Stocks Company NameLTP52W lowChangeUnited Breweries1,700.101,676.600.05%Deepak Nitrite1,569.501,565.00-0.70%Cohance Lifesciences568.15556.351.31%Sanofi4,412.604,356.500.73%Saatvik Green Energy413.80412.00-0.55% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea10.0810.050.30%Yes Bank22.9322.701.01%Suzlon Energy55.5854.192.57%Canara Bank150.16148.690.99%Steel Authority of India136.92132.253.53% IPOsAllotted todaySudeep Pharma shares allotted today. Investors can check their allotment status on the BSE and NSE websites.Listed todayExcelsoft Technologies shares were listed at a 12.5% premium to ₹135 per share on the BSE. The price band set for the IPO was at ₹114 to ₹120 per share.Market AnnouncementsThyrocare Technologies shares rose by 0.3% ahead of the record date for the bonus share issue on 28th November.HDFC AMC shares dropped by 50% after the 1:1 bonus issue was adjusted.

Closing Bell 26th Nov: Nifty 50 up by 1.24% and Sensex by 1.21%

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