Sensex, Nifty Inch Higher as IT Surges; Banks, VIX Steady | 24 November 2025, 9:55 AM IST
Markets open flat but head higher on November 24 with IT stocks driving optimism. Sensex and Nifty gain, volatility drops sharply, and banks/midcaps support the trend. Focus on intraday moves, global Fed news, and sector rotation as trade talks and policy events keep traders alert.
Indian equities opened flat to mildly positive, with Sensex up 52.79 points to 85,284.71 and Nifty 50 gaining 17.85 points at 26,086.00. IT shares posted impressive gains, with Nifty IT rising 1.36%, leading sector performance. Banking and midcap indices supported the recovery, even as smallcaps underperformed. India VIX dipped over 4%, indicating reduced volatility amid global cues and strong results from major IT and auto stocks. Optimism is fueled by expectations of Federal Reserve rate cuts and steady institutional flows, while progress on US-India trade talks is closely tracked.
Snapshot – 9:55 AM IST, 24 November 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 85,284.71 | 52.79 | 0.06 |
| NIFTY 50 | 26,086.00 | 17.85 | 0.07 |
| NIFTY BANK | 58,989.25 | 121.55 | 0.21 |
| NIFTY IT | 37,387.60 | 502.25 | 1.36 |
| India VIX | 13.07 | -0.56 | -4.11 |
| NIFTY Midcap 100 | 60,330.90 | 54.60 | 0.09 |
| NIFTY Smallcap 100 | 17,837.80 | -9.70 | -0.05 |
Latest News & Trends
- IT sector rallies at open, led by strong performances from Infosys , HCL Tech , and Wipro .
- Banks and midcaps rebound as value buying and improving sentiment drive flows, Nifty Bank posts solid rise.
- Volatility subsides as India VIX declines; traders eye global news on US Fed rate cuts and Nvidia China deal for direction.
- Auto and select consumer stocks extend recent momentum; investors focus on earnings and policy signals for December.
- Rupee under pressure at record lows as FII outflows offset DII buying strength; cautious optimism persists.
Predictions & Watch Outs
- Nifty faces resistance near 26,130, support at 25,960; IT, banking, and midcaps favored short-term.
- Monitor volatility and global tech trends; avoid aggressive smallcap bets amid rotation and outflows.
- Trade strategy: Buy IT and bank leaders on dips, tighten stops—follow news on rate cuts and US-India trade negotiations.
