Mumbai, 17 November 2025 – The National Stock Exchange of India (NSE) kicked off the new trading week on a strong note as benchmark indices extended their winning streak to a sixth consecutive session. The Nifty 50 reclaimed and closed above the psychologically important 26,000 mark, while the Bank Nifty scaled a fresh record high, underscoring broad-based optimism across Indian equities. [1]
Headline indices on NSE: Nifty 50 above 26,000, Sensex near 85,000
On the NSE, the Nifty 50 ended the day at 26,013.45, up 103.4 points (0.40%), marking the index’s first close above 26,000 since late October and confirming a continuation of the uptrend. [2]
At the BSE, the Sensex closed at 84,950.95, gaining 388 points (0.46%) and notching its sixth straight day in the green. [3]
Broader markets mirrored the positive tone:
- Nifty Midcap 100 rose around 0.7%
- Nifty Smallcap 100 advanced roughly 0.5% [4]
According to NSE’s own market snapshot, the total market capitalisation of NSE‑listed companies stood near ₹474.3 lakh crore (about $5.35 trillion) at the end of the session, highlighting the scale of wealth now riding on India’s primary equities platform. [5]
Key drivers behind today’s move included:
- A generally upbeat Q2 FY26 earnings season
- Optimism around a potential India–US trade deal
- Political clarity and risk-on sentiment after the NDA’s victory in the Bihar elections [6]
Bank Nifty and financials power the NSE rally
The standout story on the NSE today was banking:
- Nifty Bank closed near 58,963, up about 0.76% (≈445 points)
- The index hit an intraday record high around 59,001.55, underlining strong follow‑through buying in financials [7]
Both public sector banks and private lenders participated in the move. Media reports highlighted gains in names such as Canara Bank, IDFC First Bank, AU Small Finance Bank and Kotak Mahindra Bank as notable contributors to the Bank Nifty’s surge. [8]
Other key financial indices on the NSE also finished firm:
- Nifty Financial Services gained around 0.55–0.60%
- Nifty PSU Bank outperformed, rising over 1% [9]
On the volatility front, analysts noted that India VIX has slipped to around 11.8, a three‑week low, indicating improving risk appetite and providing a supportive backdrop for the bulls. [10]
Sectoral snapshot: all NSE indices in green
It was a rare “all‑green” day across NSE sectoral indices, with every major sector closing higher. [11]
Leading the charge:
- Nifty PSU Bank – best performer, boosted by expectations of better credit growth and ongoing merger/balance‑sheet consolidation chatter
- Nifty Auto – up around 0.85%, helped by strong volumes and festive‑season tailwinds [12]
- Nifty Consumer Durables & FMCG – advanced as investors continued to favour domestic consumption plays
Other sectors such as IT, Realty, Financial Services, Metal and Pharma also posted gains, reflecting a broad‑based risk‑on mood rather than a narrow leadership rally. [13]
Top NSE movers: autos, consumption and healthcare shine
Within the Nifty 50, the winners’ list was dominated by autos, consumer and healthcare names:
- Media round‑ups flagged Bajaj Auto, Maruti Suzuki and Eicher Motors among the notable auto gainers
- Tata Consumer Products was highlighted in multiple reports as one of the strongest consumption plays of the day
- Max Healthcare and other healthcare names also featured among the major gainers [14]
Stock‑specific action also came from Eternal and Tech Mahindra, mentioned in closing reports as key contributors to the Sensex and Nifty’s up‑move. [15]
A few index constituents did see marginal profit‑booking, but the breadth of the market remained positive, with advances comfortably outnumbering declines on the NSE’s main board. [16]
SME and small‑cap action on NSE: SAR Televenture and HMA Agro in focus
The NSE SME platform continued to throw up high‑beta opportunities:
- SAR Televenture (SARTELE) – a multibagger telecom‑infrastructure SME stock – jumped nearly 9% after the company reported a strong H1 FY26 performance, with triple‑digit revenue growth and a sharp improvement in EBITDA and profitability. [17]
In the broader small‑cap space:
- HMA Agro Industries rallied close to 10% in intraday trade after robust Q2 FY26 numbers and a sharp improvement in profitability, with both revenue and earnings showing strong year‑on‑year growth. [18]
The performance of SME and small‑cap counters underlines continued risk appetite among investors, especially for companies posting strong earnings momentum.
IPO & primary market on NSE: Tenneco Clean Air allotment today
In the primary market, one of the biggest talking points on Dalal Street today was Tenneco Clean Air India Limited:
- The IPO, priced in the ₹378–₹397 per share range, saw robust demand, with total subscription reportedly around 58.8 times.
- QIBs: ~166x
- Non‑institutional investors: ~40x
- Retail: ~5x [19]
- Brokerage coverage indicated a grey market premium (GMP) near ₹519, implying an unofficial premium of roughly 30% over the upper end of the price band – though these off‑market quotes are unregulated and often volatile. [20]
The basis of allotment is scheduled to be finalised today, 17 November 2025, with details expected to be available by late evening on the websites of the NSE, BSE and registrar MUFG Intime India. Investors who applied for the issue will be able to check their status on NSE’s IPO bid‑verification portal using their PAN and application details once the data is uploaded. [21]
Tenneco Clean Air adds to a busy IPO calendar, with market watchers also eyeing upcoming listings such as PhysicsWallah, which is set to debut this week and is expected to list on the major exchanges. [22]
Regulatory watch: SEBI’s LODR review and the long‑awaited NSE IPO
Beyond prices and indices, an important structural development for the National Stock Exchange of India surfaced today on the regulatory front.
In remarks carried by business media, SEBI Chairperson Tuhin Kanta Pandey confirmed that the regulator has begun reviewing proposed changes to the Listing Obligations and Disclosure Requirements (LODR) Regulations, with a detailed consultation process and a formal discussion paper planned. [23]
Crucially for NSE:
- Pandey reiterated that clarity on the No Objection Certificate (NoC) for the long‑discussed NSE IPO will be provided “at the appropriate time”, signalling that the matter remains under active consideration. [24]
- He also noted that SEBI has updated certain derivatives metrics, shifting from a pure open‑interest lens to a delta‑based approach to better capture risk, reinforcing its focus on more nuanced risk management in the F&O segment – an area where the NSE is the dominant venue. [25]
The comments keep the NSE IPO story in focus for institutional and retail investors alike, as a potential listing of India’s largest stock exchange would be a landmark event for domestic capital markets.
Derivatives, limits and corporate actions on NSE today
Several exchange and clearing‑house circulars and corporate actions also took effect on or from 17 November 2025, shaping activity in specific NSE‑listed securities:
- Adani Enterprises (ADANIENT)
- NSE’s derivatives division issued a circular adjusting F&O contracts for Adani Enterprises to reflect its rights issue (ratio 3:25, issue price ₹1,800 per share, ex‑date 17 November 2025).
- Contract specifications such as the lot size (revised to 309 shares) and strike prices have been adjusted using an adjustment factor of 0.970366, ensuring continuity for traders while aligning with the new capital structure. [26]
- Separately, NSE Clearing updated the market‑wide position limit (MWPL) and various participant‑level limits for Adani Enterprises, with the new limits effective from today’s trade date. [27]
- Bonus and ESOP‑related equity changes
- SMC Global Securities completed a 1:1 bonus issue, effectively doubling its share count to about 20.94 crore shares and increasing its paid‑up equity, with the new bonus shares to trade on both NSE and BSE. [28]
- ITC Limited allotted around 9.26 lakh equity shares under its Employee Stock Option Schemes, marginally increasing its equity base and reinforcing the use of stock‑based incentives for employees. [29]
- Dividends and other filings
- Ingersoll‑Rand India notified the exchanges – including NSE – about the record date for an interim dividend of ₹55 per share for FY 2025‑26. [30]
- Multiple companies, such as KEC International and Signpost India, filed press releases and investor presentations with the NSE detailing new order wins and business updates, adding to the day’s flow of corporate disclosures. [31]
These actions underline the NSE’s role not just as a trading venue but as the central disclosure and corporate‑action infrastructure for India’s listed companies.
Investor education and outreach
Away from the trading screen, the NSE continued its investor‑education efforts in partnership with SEBI and other market institutions. The exchange was among the participants in a financial education and investor awareness initiative in Shillong, Meghalaya, held from 14–17 November 2025, aimed at spreading capital‑market awareness in Tier‑II and Tier‑III cities. [32]
Such initiatives remain vital as more first‑time investors enter the markets via the NSE’s equity, derivatives, and SME platforms.
What next for Nifty 50 on the NSE? Key levels to watch
Technical analysts tracking the NSE indices emphasised that holding above the 26,000 mark will be crucial if the Nifty 50 is to extend its record‑setting run:
- Reports note that if Nifty can sustain above 26,000, upside targets around 26,100 (October high) and 26,270–26,280 (record zone) come into play. [33]
- On the downside, immediate support is seen around 25,900–25,800, with deeper support zones below that level likely to attract fresh buying if tested. [34]
For Bank Nifty, after today’s breakout:
- Analysts see potential for the index to test 59,500 and then 59,900 in the short term, as long as it holds above the newly raised support band around 58,700–58,600. [35]
With India VIX subdued, healthy earnings, and liquidity still supportive, near‑term sentiment on the NSE remains constructive. That said, experts continue to flag global macro data, US Federal Reserve commentary and any news on the India–US trade front as important external triggers.
Bottom line
For Monday, 17 November 2025, the National Stock Exchange of India delivered:
- A breakout close above 26,000 on the Nifty 50
- A record high for the Bank Nifty
- All NSE sectoral indices in the green, led by banks, autos and consumer names
- Strong action in SME and small‑cap counters such as SAR Televenture and HMA Agro
- A busy primary market with Tenneco Clean Air’s IPO allotment on deck
- Important regulatory signals from SEBI on the evolving LODR regime and the long‑pending NSE IPO
As always, investors should treat this as market information, not investment advice, and consider their risk profile or consult a registered adviser before acting on any of today’s developments.
References
1. www.business-standard.com, 2. www.nseindia.com, 3. www.business-standard.com, 4. www.business-standard.com, 5. www.nseindia.com, 6. www.business-standard.com, 7. www.moneycontrol.com, 8. m.economictimes.com, 9. www.capitalmarket.com, 10. www.moneycontrol.com, 11. www.capitalmarket.com, 12. www.capitalmarket.com, 13. www.capitalmarket.com, 14. www.moneycontrol.com, 15. upstox.com, 16. www.capitalmarket.com, 17. www.livemint.com, 18. www.indiatvnews.com, 19. upstox.com, 20. upstox.com, 21. upstox.com, 22. www.financialexpress.com, 23. www.financialexpress.com, 24. www.financialexpress.com, 25. www.financialexpress.com, 26. nsearchives.nseindia.com, 27. www.archive.nseclearing.in, 28. scanx.trade, 29. scanx.trade, 30. nsearchives.nseindia.com, 31. nsearchives.nseindia.com, 32. www.facebook.com, 33. www.moneycontrol.com, 34. www.moneycontrol.com, 35. www.moneycontrol.com
