Pre Market Research Report - Date :- 17 November 2025

SEBI Registration No. :- INH000009694

Email ID :- research@researchmart.in
https://researchmart.in

Indian Market Closing Update on last session

• Sensex closed at 84,562, up around 84 points, showing mild positivity.
• Nifty ended at 25,910, gaining about 31 points, supported by late recovery.
• The market traded range-bound for most of the session before a sharp late-day rebound.
• Midcap index slipped slightly, while the Smallcap index saw minor gains, indicating mixed broader-market sentiment.
• Banking, PSU and pharma stocks outperformed, providing key support to the indices.
• IT and heavyweight stocks remained weak, limiting the market’s overall upside.
• Sentiment improved due to favourable cues from the Bihar election outcome, boosting confidence.
• Weak global markets (US & Asia) created headwinds, keeping gains restricted.
• Analysts note that Indian markets outperformed most Asian peers despite global weakness.
• Market outlook remains cautious but stable; stock-specific action is expected to continue.

Market Overview & Trend (Nifty 50 & Bank Nifty)

NIFTY 50: The index continues to trade above its 200-day moving average, confirming a strong long-term bullish trend. After a recent pullback, prices are holding firmly above the key moving averages, indicating stable support at lower levels. Short-term averages are converging, suggesting a brief consolidation phase before a decisive move. The 25,600–25,700 zone is acting as an important demand area where buyers are consistently stepping in. Sustaining above the 25,900 level may restore upward momentum, while a breakdown below 25,700 could lead to a deeper correction.

NIFTY-50 CHART

BANK NIFTY : The chart reflects a clear bullish trend, with short and medium-term moving averages positioned above the long-term averages and price holding firmly above the 200-period MA and VWAP. Buyers consistently step in on pullbacks, creating higher lows and reinforcing momentum. While some resistance near recent highs has caused brief consolidation, the overall structure remains positive. Short-term volatility is present, but renewed buying on retracements highlights underlying strength. The uptrend remains intact, though minor pullbacks and profit-booking phases may continue.

BANK NIFTY CHART

Sector-wise Trend Outlook

• IT Sector : Trend Outlook: Exports and digital services are expected to grow, driven by cloud, AI, and analytics demand. Selective IT firms leveraging AI and cloud could outperform despite global demand uncertainties.

• Auto Sector : Trend Outlook: Trend Outlook: Near-term demand supported by GST cuts and festive/rural consumption; long-term growth driven by EV adoption and government incentives. Margins remain sensitive to discounts and supply chain challenges.

• Banking Sector : Trend Outlook: Credit growth and improving asset quality support strong profitability, with digital transformation enhancing efficiency. Well-capitalized banks with strong retail/SME franchises are likely to outperform.

TOP5 VOLUME SHOKERS IN NIFTY

SCRIPT NAME	LTP	5 DAYS AVERAGE VOL.	CURRENT VOL.	VOL +/-
ITC	408.15	8334270.50	64020256	55685984.00
TMPV	391.20	9814116.00	21834856	12020740.00
ADANIENT	2516.80	2563724.25	4496233	1932508.75
BHARTIARTL	2100.70	21368918.00	6312655	-15056263.00
TRENT	4391.20	2203662.75	808967	-1394695.75

BASED ON OPEN INTEREST - LONG BUILD UP & SHORT BUILD UP

LONG BUILD UP

SCRIPT NAME	LTP	SPOT	CHNG IN PRICE	CHNG OI (%)	CURRENT VOL.
IDEA 25-Nov-2025 FUT	11.00	10.95	0.50	168.17	5758812225
YESBANK 25-Nov-2025 FUT	22.56	22.53	0.05	0.04	968796100
IDFCFIRSTB 25-Nov-2025 FUT	80.70	80.54	0.56	1.74	335625150
ETERNAL 25-Nov-2025 FUT	304.45	304.00	5.35	1.10	289295225
SUZLON 25-Nov-2025 FUT	57.90	57.74	0.24	0.37	257208000

SHORT BUILD UP RT BUILD UP 

SCRIPT NAME	LTP	SPOT	CHNGIN PRICE	CHNG OI (%)	CURRENT VOL.
NMDC 25-Nov-2025 FUT	76.75	76.50	-0.84	2.39	301131000
TATASTEEL 25-Nov-2025 FUT	174.50	174.00	-2.34	9.28	248809000
WIPRO 25-Nov-2025 FUT	245.50	244.84	-0.21	0.88	136113000
ASHOKLEY 25-Nov-2025 FUT	147.80	148.20	-2.21	2.87	129030000
ICICIBANK 25-Nov-2025 FUT	1374.60	1373.50	-13.20	0.78	107954000

Small Cap & Midcap Technical Picks

1) BEL (Bharat Electronics Limited) :- is showing a strong upwards trend, with price consistently above all major moving averages and the VWAP line. Bullish momentum is supported by repeated higher highs and higher lows visible on the chart. The recent price is close to its yearly high, and the 50-day and 200-day moving averages are steadily rising, confirming positive sentiment. Short-term moving averages are acting as support during minor pullbacks, with buyers stepping in quickly. Overall, BEL appears to be in a robust uptrend with strong technical signals favoring further upside, though minor corrections may occur near resistance zones. As long it sustain above 370 view valid and can seen up to 460 and 500 levels in near term.

2) GMRAIRPORT : is showing a strong upward trend, with the price currently at 95.67 and close to its yearly high of 103.75. All key moving averages (50-day, 200-day) are sloping upward, indicating sustained bullish momentum. Price action remains above major support zones, with buyers stepping in on dips and maintaining higher lows. Volumes are healthy, supporting the underlying trend and reducing volatility risk. As long as the price sustains above short-term supports, further upside towards the previous highs may be possible in the near term.

Market News & Sentiment

• India’s textile exports rose 10% YoY to US$ 8.49 billion in April-September 2025, reflecting strong resilience and competitiveness amid global trade challenges.
• India and Nepal signed a Letter of Exchange amending the Transit Treaty, enabling rail freight movement between Jogbani and Biratnagar to strengthen trade and regional connectivity.
• India’s deal value jumped 63% MoM to US$ 10.6 billion in October 2025, led by billion-dollar deals in banking, infrastructure, and strong IPO activity.
• India’s construction equipment industry is projected to grow 2-4% in FY25-26, with revenues up 6-8% annually, supported by price hikes and steady exports.
• India’s corporate deal value hit a record US$ 16.8 billion in October 2025, driven by five mega transactions led by banking, infrastructure, and consumer-tech sectors.
• India’s pre-owned car market grew to 5.9 million units in FY25 and is projected to reach 9.5 million by 2030, driven by SUV demand, rising aspirations, and organised retail growth.

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