Sensex, Nifty jump as banks, midcaps rally; IT, VIX supportive | 26 November 2025, 10:27 AM IST
Sensex and Nifty staged a strong rebound on 26 November as banks, IT, midcaps and smallcaps surged, supported by softer India VIX and upbeat global cues.
Benchmark indices opened sharply higher on November 26 with SENSEX surging 584.74 points to 85,171.75 and NIFTY 50 jumping 192.20 points to 26,077.00. Banking and midcap indices outperformed, with NIFTY BANK up 1.06% and NIFTY Midcap 100 up 0.95%, while NIFTY IT and NIFTY Smallcap 100 also advanced. India VIX eased to 12.06, reflecting cooling volatility as global risk sentiment improved on rising odds of a US Federal Reserve rate cut and firmer Asian markets.
Snapshot – 10:27 AM IST, 26 November 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 85,171.75 | 584.74 | 0.69 |
| NIFTY 50 | 26,077.00 | 192.20 | 0.74 |
| NIFTY BANK | 59,441.85 | 621.55 | 1.06 |
| NIFTY IT | 37,106.85 | 279.95 | 0.76 |
| India VIX | 12.06 | -0.18 | -1.47 |
| NIFTY Midcap 100 | 60,870.10 | 572.10 | 0.95 |
| NIFTY Smallcap 100 | 17,923.40 | 193.10 | 1.09 |
Latest news & trends
- Indices bounce back after three down sessions, aided by strong buying in banks, IT, metals and broader markets.
- Global risk-on tone driven by expectations of a December Fed rate cut and firm Asian cues lifts Indian benchmarks.
- Analysts expect Nifty to trade inside a consolidation band of 25,700–26,250 while building a base for the next up-leg.
- Bank Nifty retains a positive structure above the 58,200–58,500 zone with potential to extend towards 59,800 over coming weeks.
Predictions & watch-outs
- Upside resistance for Nifty seen around 26,250 while key support rests near 25,800–25,700, making dips attractive for accumulation in quality large and midcaps.
- Preference stays with banks, select IT, realty and metal names; maintain disciplined stops as expiry-related volatility and US inflation data could trigger intraday swings.
- Short-term traders can ride momentum in banking and midcaps, while avoiding over-leverage ahead of key macro releases.
