Sensex, Nifty Gain as Banks, Midcaps Rally; VIX Steady | 17 November 2025, 10:10 AM IST
Sensex and Nifty opened higher on November 17 as robust Q2 earnings and FII flows ignited rallies in banks, midcaps, and smallcaps. IT lagged, but overall sentiment remains bullish amid steady India VIX.
Indian equities opened higher with Sensex up 177.74 points at 84,740.52 and Nifty 50 rising 37.05 points to 25,947.10. Banks and midcaps outperformed, buoyed by Q2 earnings momentum, while Nifty Bank jumped 0.65%. IT slipped slightly, but market sentiment stayed strong as India VIX remained calm at 11.95. Investors focus on policy moves, FOMC minutes this week, and developing global trade headlines for trend signals.
Snapshot – 10:10 AM IST, 17 November 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 84,740.52 | 177.74 | 0.21 |
| NIFTY 50 | 25,947.10 | 37.05 | 0.14 |
| NIFTY BANK | 58,895.05 | 377.50 | 0.65 |
| NIFTY IT | 36,260.75 | -40.50 | -0.11 |
| India VIX | 11.95 | 0.01 | 0.08 |
| NIFTY Midcap 100 | 61,099.95 | 360.75 | 0.59 |
| NIFTY Smallcap 100 | 18,361.50 | 109.00 | 0.60 |
Latest News & Trends
- Banks and midcaps up on healthy Q2 results and FII buying; Kotak Bank mulls stock split, sector sentiment firm.
- IT weak; minor rotation continues, but broader sentiment upbeat as India eyes new highs with strong flows.
- IPO activity and pharma trade headlines (India-China reverse model) in focus; metal stocks and energy see selective gains.
- Policy watch: RBI Tier-I financing limit review, FOMC minutes, and progress in India-US trade talks expected to steer short-term direction.
- US market mixed, global investors eye Nvidia earnings and Fed outlook for cues.
Predictions & Watch Outs
- Nifty eyes 26,000-level breakout, with support at 25,800; momentum favors banks, midcaps, and fresh IPOs this week.
- IT may remain under pressure near-term; defensive positioning suggested as sector rotation continues.
- Trade strategy: Follow trends in outperforming sectors, protect profits as volatility may rise post-global events.
