Sensex 27 September 2025 - 18 November 2025

The Indian stock market paused for breath on Tuesday, 18 November 2025, as benchmark indices snapped a six-session winning streak amid a global tech-led sell-off and profit booking in key heavyweights. At the same time, Dalal Street’s obsession with new-age listings – PhysicsWallah, Emmvee Photovoltaic and Capillary Technologies – stayed front and centre. After a strong run that took the Nifty 50 above the 26,000 mark and the Sensex near 85,000 on Monday, indices finally gave up some ground today. Bestmate Investment Services Pvt Ltd+1

Key Facts: Indian equity benchmarks slumped sharply last week. The BSE Sensex gave up roughly 2,587 points and the Nifty 50 fell about 672 points over six trading days upstox.com livemint.com. This was the worst weekly decline in nearly six months, erasing about 90% of the recent rally from early September upstox.com livemint.com. Markets were roiled by external shocks: U.S. President Trump announced 100% tariffs on imported branded/pharma products and hiked H-1B visa fees to $100,000 per worker. These policy moves hit India’s tech and pharma stocks hard. Sectorally, IT was the biggest laggard and Pharma also plunged upstox.com livemint.com. Mid- and small-cap indices underperformed as well. In all, about ₹16 lakh crore of market capitalization was wiped out upstox.com upstox.com. Analysts say technical indicators now favor the bears. Nifty has decisively broken below its 100-day moving average and is nearing the critical 200-day level, a break of which “will tighten [the bears’] grip further” moneycontrol.com moneycontrol.com. HDFC Securities’ Nagaraj Shetti warns that the recent breakdown of support around 24,900–25,000 is “not a good sign” and suggests more weakness ahead; he sees the next support only at 24,400–24,300 moneycontrol.com. Similarly, Bank Nifty has erased over half its recent gains, with