Benchmark indices ended the week with gains; Most sectoral indices ended in green; Large-cap, Mid-cap and small-cap ended higher

WEEKLY REPORT

The Indian benchmark indices ended positively this week, as the market sentiments were lifted by strong domestic earnings, positive growth outlook, and a landslide victory by the NDA in the Bihar state elections.

For the week, the BSE Sensex index gained +1103.93 points, 1.32 percent to finish at 84,562.78, and Nifty50 gained +370.80 points, 1.45 percent to finish at 25,910.05.

Among the broader market indices, all the indices ended in green with the BSE Large-cap index,  BSE Mid-cap index, and the Small-cap indices up 1.09, 0.52, and 0.34 percent, respectively, this week.

Top gainers this week include Muthoot Finance, Vodafone Idea, NALCO, Bharat Dynamics, and Asian Paints, while the top losers include Fortis Health, Britannia, NCC, PI Industries, and Trent.

Major Sectors closed the week in a positive territory. IT gained 3.4% for the week, on the back of the US government reopening. Other major gainers in the week were Defence, Pharma, and infrastructure, while Realty and Media ended the week on a weakly negative note.

The Foreign Institutional Investors (FIIs) sold equities worth Rs 4968.22 crore, while the Domestic Institutional Investors (DIIs) bought equities worth Rs 8461.47 crore.

During the week, the Indian rupee traded moderately higher at 88.44. However, it ended 3 paise lower at 88.69 per dollar on November 14 against the November 7 closing of 88.66.

ECONOMY

Online prices fall 7-10% after GST rate cut

Following the September 2025 Goods and Services Tax (GST) rate cuts, online retail prices of consumer goods have seen a net correction of 7-10 percent. The median price reduction was 16.4% immediately post-cut, though about 6.3% of that drop has since been reversed due to factors like festive demand and rupee volatility. The impact of GST price cuts could linger beyond one inflation print, and a clearer picture will emerge by the end of calendar year 2025. The survey has been based entirely on Amazon price data.

IMF Warns of Rising Economic Strain in the U.S. Amid shutdown

The International Monetary Fund is seeing signs of strain in the U.S. economy, with fourth-quarter growth likely decelerating from previous forecasts, but a lack of data due to the government shutdown has clouded its ability to assess U.S. economic performance. The shutdown has disrupted federal services and increased operational risks across sectors. Business sentiment has weakened as companies delay investment and hiring decisions.

STOCKS IN NEWS

Yatra Online

The shares of Yatra Online jumped up 8.22 percent this week after the firm reported a consolidated net profit of Rs 14.28 crore for the July-September quarter of FY26. This is nearly double that of the Rs 7.3 crore net profit reported in the corresponding quarter of the previous financial year.

Interglobe Aviation

The shares of IndiGo-parent InterGlobe Aviation jumped 5.8 percent this week after the company announced that it has signed a memorandum of understanding (MOU) to establish a codeshare partnership and mutual co-operation agreement with China Southern Airlines.

Honasa Consumer Ltd

Honasa Consumers, the company that owns FMCG brands such as Mamaearth and The Derma Co, shares climbed as much as 7.72 percent over the week, after the company reported a consolidated net profit of Rs 39.22 crore for the July-September period.

Apex Frozen

The shares of shrimp export Apex frozen surged over 17 percent during the week amid rising hopes for India and the US reaching their much-awaited trade deal. This would likely result in a reduction in tariffs levied on Indian exports to the US, benefiting these export-oriented sectors significantly.

Jubiliant Foodworks

The shares of Jubilant Foodworks, the operator of Domino’s India, jumped 6.62 percent over the week. This came after the company reported strong results with a net profit of Rs 64 crore for the second quarter of the ongoing financial year 2026.

Source – Moneycontrol, Reuters