Sensex, Nifty Muted; IT Surges, Banks Ease, IPOs Strong | 19 November 2025, 9:29 AM IST

Markets opened flat on November 19, with Sensex and Nifty holding recent gains. IT surged, offsetting profit booking in banks; IPO flows hit record highs and volatility eased sharply. Sentiment remains cautious ahead of weekly expiry

Indian markets opened nearly flat on November 19 as Sensex rose 32.14 points to 84,705.16 and Nifty 50 edged up 4.20 points at 25,914.25. IT stocks staged a notable rally with Nifty IT up 1.11%, while banking weakened as Nifty Bank slipped by 0.13%. Smallcaps and midcaps traded mixed. Volatility (India VIX) eased further, signaling stability despite US tech selling and cautious mood ahead of Nvidia  results. IPO fundraising hit a record in 2025, with flows staying robust despite global cues.​

Snapshot – 9:29 AM IST, 19 November 2025

IndexPriceChange% Chg
SENSEX84,705.1632.140.04
NIFTY 5025,914.254.200.02
NIFTY BANK58,822.60-76.65-0.13
NIFTY IT36,374.85399.651.11
India VIX11.88-0.22-1.82
NIFTY Midcap 10060,894.0572.050.12
NIFTY Smallcap 10018,127.60-27.15-0.15
  • IT sector rallied as traders bought into tech on earnings and value rotation even as US tech stocks retreated ahead of Nvidia  results.​
  • Banks showed mild profit booking after last week’s sharp gain; analysts watch PSU lenders for cues.​
  • IPO fundraising in India reached a record β‚Ή1.53 trillion YTD, led by strong offer-for-sale flows and retail interest; midcaps mixed, smallcaps paused.​
  • Market sentiment cautious ahead of weekly expiry and key US earnings, with global trade news and Fed minutes expected.​

Predictions & Watch Outs

  • Nifty faces resistance at 26,000, support at 25,800–25,650; breakout above 26,000 can trigger new highs, break-down risks if selling resumes.​
  • IT, select IPO names, and midcap quality picks favored for momentum; avoid aggressive banking bets near-term.​
  • Trade strategy: Focus on trending tech and newly-listed names, manage stops as sector rotation may intensify ahead of US earnings.