Sensex, Nifty Slip on Global Weakness; IT, Banks Lead Fall | 21 November 2025, 9:08 AM IST
Sensex and Nifty opened lower on November 21 amid global tech weakness and Wall Street volatility, with IT and banks as main laggards. India VIX remained steady, signaling ongoing tactical rotation.
After a short-lived rally, Indian markets opened lower on November 21, with Sensex down 285.26 points at 85,347.42 and Nifty 50 off by 82.60 points to 26,109.55. Global equity weakness and a tech-led selloff on Wall Street weighed on sentiment. Nifty IT dropped 0.31%, and Nifty Bank slipped 0.39%, while midcap and smallcap indices underperformed for a second day. The India VIX held steady at 12.13, indicating guarded trader positioning amid cross-asset volatility spikes and new public issues starting to list.
Snapshot – 9:08 AM IST, 21 November 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 85,347.42 | -285.26 | -0.33 |
| NIFTY 50 | 26,109.55 | -82.60 | -0.32 |
| NIFTY BANK | 59,116.70 | -231.00 | -0.39 |
| NIFTY IT | 36,930.25 | -113.05 | -0.31 |
| India VIX | 12.13 | -0.01 | -0.08 |
| NIFTY Midcap 100 | 60,911.30 | -52.25 | -0.09 |
| NIFTY Smallcap 100 | 18,043.90 | -23.35 | -0.13 |
Latest News & Trends
- IT and banking stocks drag after US tech shares decline sharply; Tata Consultancy Services , Kotak Mahindra Bank , and Reliance Industries among early focus stocks.
- Weak global cues as US, Asian stocks fall following US macro data disappointment and fading hopes of another Fed rate cut.
- Profit taking in midcaps and smallcaps; sector rotation as investors trim speculative positions post rally.
- Recent IPOs see mixed listing debut; new issues in pharma and technology attract subscription interest.
- India VIX flat, indicating tactical hedging over panic selling; cautious DII inflows offsetting FII selling.
Predictions & Watch Outs
- Nifty support marked at 25,900, resistance at 26,277 (previous record high); expect range trading with increased volatility if global risk-off continues.
- Tech, banking, and select largecaps may remain under pressure; focus rotates to defensive names as profit-booking intensifies.
- Trade strategy: Maintain risk discipline, use dips to accumulate in high-quality largecaps and well-performing IPOs, keep stops tight amid volatility.
