The Indian equity market saw a robust session on Wednesday, with the Nifty 50 rising +1.28% to close at 25,366.40. The broader market sentiment was buoyed by significant strength in the banking sector, which pushed the Nifty Bank index higher by +2.43% to 61,192.45.

Nifty 50
25,366.40
+1.28% · +321.75 pts
Day range
25,264–25,424
Opened 25,337.80
India VIX
17.65
+1.33% on the day
Last 5 sessions
+5.18%
Nifty 50 change

The 60-Second Version

  • Nifty 50 ended at 25,366.40, marking a +1.28% gain.
  • Nifty Bank outperformed, jumping +2.43% during the session.
  • Interglobe Aviation and Mahindra & Mahindra led the gainers following positive earnings reports.
  • Healthcare and Pharma sectors faced selling pressure, with Nifty Pharma down −0.83%.
  • 33 stocks touched 52-week highs, while zero stocks hit 52-week lows.
Index levels, 11 November 2026
Index Close Change Change %
Nifty Bank 61,192.45 +1,451.20 +2.43%
Nifty 50 25,366.40 +321.75 +1.28%

Who Carried the Rally?

Interglobe Aviation led the gainers, rising +4.72% to ₹5,686.4. The airline reported a narrowing consolidated net loss and a +24.04% increase in total consolidated income for Q2FY27. Mahindra & Mahindra followed closely, climbing +4.13% to ₹3,426.4. The company reported a +25% rise in consolidated net profit alongside news of a 5-star Bharat NCAP safety rating for its XUV 3XO ZNG model.

The banking cluster also saw heavy buying, with Axis Bank up +3.11%, State Bank of India rising +2.95%, and HDFC Bank gaining +2.26%. Other notable gainers included Trent Ltd. at +3.36% and Power Grid Corporation at +2.83%.

Top gainers
Stock Price Change %
Interglobe Aviation Ltd. ₹5,686.4 +4.72%
Mahindra & Mahindra Ltd. ₹3,426.4 +4.13%
Trent Ltd. ₹3,223.9 +3.36%
Axis Bank Ltd. ₹1,351.4 +3.11%
State Bank Of India ₹1,072.75 +2.95%
Power Grid Corporation Of India Ltd. ₹265.25 +2.83%
HDFC Bank Ltd. ₹816.15 +2.26%
BSE Ltd. ₹3,897 +2.11%
Eicher Motors Ltd. ₹7,787 +2.07%
ITC Ltd. ₹284 +1.87%
Top losers
Stock Price Change %
Dr. Reddy’s Laboratories Ltd. ₹1,374 −0.79%
Apollo Hospitals Enterprise Ltd. ₹8,485 −0.75%
Nestle India Ltd. ₹1,289.6 −0.63%
Sun Pharmaceutical Industries Ltd. ₹1,898 −0.34%
Hindalco Industries Ltd. ₹956.95 −0.32%
Hero MotoCorp Ltd. ₹5,394.5 −0.30%
Tata Consultancy Services Ltd. ₹2,472 −0.14%
Titan Company Ltd. ₹5,000.4 −0.09%
Tech Mahindra Ltd. ₹1,803.8 −0.07%

Where the Selling Pressure Emerged

The losers’ list was dominated by the healthcare and pharma space. Dr. Reddy’s Laboratories fell −0.79% to ₹1,374, while Apollo Hospitals Enterprise dropped −0.75%. Sun Pharmaceutical Industries also saw a decline of −0.34%.

Consumer staples and industrial stocks also saw minor corrections, with Nestle India down −0.63% and Hindalco Industries retreating −0.32%. Tech Mahindra and TCS saw negligible movement, closing down −0.07% and −0.14% respectively.

Sector indices, 11 November 2026: the five best and five worst of 18
Sector index Change %
Nifty PSU Bank +3.23%
Nifty Bank +2.43%
Nifty Auto +1.96%
Nifty Financial Services +1.76%
Nifty India Consumption +1.39%
Nifty Metal +0.90%
Nifty Realty −0.05%
Nifty IT −0.08%
Nifty Healthcare Index −0.80%
Nifty Pharma −0.83%

Beyond the List

Market breadth remained positive, with 33 stocks hitting 52-week highs, including Kalyan Jewellers, which surged +9.32% on high volume. Volume shockers were prominent, with Balmer Lawrie & Company seeing volumes 140 times its 20-session average, while Ashoka Buildcon saw volumes 61.4 times its average.

Touched a 52-week high (33 of 453 liquid stocks scanned)
Stock Price Change %
Kalyan Jewellers India Ltd. ₹667.95 +9.32%
ICICI Bank Ltd. ₹1,593.9 +0.31%
Punjab National Bank ₹137.74 +4.21%
Kotak Mahindra Bank Ltd. ₹487.75 +1.72%
Eternal Ltd. ₹368.6 +1.42%
Heavy volume against the 20-session average
Stock Volume vs average Change %
Balmer Lawrie & Company Ltd. 140.0x +12.23%
Ashoka Buildcon Ltd. 61.4x +10.51%
Shakti Pumps (India) Ltd. 17.6x +12.16%
IIFL Finance Ltd. 7.9x +8.17%
Kalyan Jewellers India Ltd. 7.7x +9.32%

On the Calendar

Investors are tracking upcoming results for Cupid Ltd., Hindustan Copper, Tata Power, and Triveni Turbine. Additionally, Antala Industries lists today, while several companies including Aurobindo Pharma and Balkrishna Industries trade ex-dividend.

Stocks that hit a circuit limit
Stock Side Price Change %
E2E Networks Ltd. Upper ₹515 +4.99%
HLE Glascoat Ltd. Upper ₹441.95 +4.99%
Evervie Health Ltd. Upper ₹49.69 +4.99%
Rhetan TMT Ltd. Upper ₹13.75 +4.96%

On the calendar today, Wednesday, 11 November

Results due on Wednesday, 11 November
Company Also considering a dividend
Cupid Ltd. —
Hindustan Copper Ltd. —
Tata Power Company Ltd. —
Triveni Turbine Ltd. —
IPOs on the calendar
Company What happens
Antala Industries Ltd.

Price band ₹62 to ₹66
 Lists on the exchanges
Trading ex-date
Company Event Detail
Aurobindo Pharma Ltd. dividend ₹7 per share
Balkrishna Industries Ltd. dividend ₹4 per share
Balrampur Chini Mills Ltd. dividend ₹4 per share
Chambal Fertilisers and Chemicals Ltd. dividend ₹5 per share
Container Corporation Of India Ltd. dividend ₹1.9 per share
Housing & Urban Development Corporation Ltd. dividend ₹1.35 per share
JM Financial Ltd. dividend ₹1.65 per share
Dr. Lal Pathlabs Ltd. dividend ₹5 per share

The divergence between the strong banking-led rally and the weakness in pharma highlights a selective market appetite for financial and auto growth over defensive sector plays.

Nifty 50: the bigger picture

Nifty 50 over recent sessions, to 9 Nov
Measure Value
Last 5 sessions +5.18%
Last 20 sessions +11.99%
20-session high 25,044.65
20-session low 22,600.00
Below the 20-session high At the high
Current run 1 session up in a row