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EQUITY
Post Session: Quick Review
Nov-20-2025

Indian equity benchmarks ended near their lifetime high points on Thursday, with the both Nifty and Sensex closing over half-percent gains led by buying in HDFC Bank, reliance industries and Bajaj Finance. After making a slightly positive start, soon indices turned bullish and maintaining upward momentum through the session, amid renewed buying from FIIs and broad-based buying across sectors. However, some profit-booking at higher levels capped the gains, but the indices managed to close higher.

Some of the important factors in trade:

Sebi to ease onboarding of foreign investors: Traders took some support as Sebi chairman Tuhin Kanta Pandey has said that the markets regulator Sebi is actively working towards the end-to-end digitisation of the Foreign Portfolio Investor (FPI) registration process, leveraging digital signatures to make it entirely paperless.

India offers huge investment opportunities for Israeli businesses: Sentiments remained upbeat as Commerce and Industry Minister Piyush Goyal said that India offers huge investment opportunities for Israeli businesses and the industries of both sides can enhance cooperation in areas like infrastructure development, manufacturing and artificial intelligence

RBI needs to move away from neutral policy stance: Traders took note of private report that the Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts over the next 12 months.

Global front: European markets were trading higher, while Asian markets ended in green after computer chip maker Nvidia delivered stellar third-quarter earnings and fourth-quarter forecast and struck a confident tone about the durability of the artificial intelligence (AI) cycle. 

The BSE Sensex ended at 85632.68, up by 446.21 points or 0.52% after trading in a range of 85201.22 and 85801.70. There were 15 stocks advancing against 15 stocks declining on the index. (Provisional)

The broader indices ended in red; the BSE Mid cap index was down by 0.13%, while Small cap index down by 0.17%. (Provisional)

The top gaining sectoral indices on the BSE were Energy up by 0.59%, Capital Goods up by 0.34%, Bankex up by 0.28%, Auto up by 0.28% and Industrials up by 0.27%, while Consumer Durables down by 0.67%, Telecom down by 0.59%, PSU down by 0.18%, IT down by 0.18% and TECK down by 0.12% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Bajaj Finance up by 2.28%, Bajaj Finserv up by 2.20%, Reliance Industries up by 2.01%, HDFC Bank up by 1.42% and Tech Mahindra up by 1.29%. On the flip side, Asian Paints down by 1.27%, HCL Technologies down by 1.22%, Titan Company down by 0.80%, Hindustan Unilever down by 0.48% and Kotak Mahindra Bank down by 0.47% were the top losers. (Provisional)

Meanwhile, The United Nations Department of Economic and Social Affairs (UN DESA) in its report titled ‘The 'World Urbanisation Prospects 2025: Summary of Results’, has said that India is among seven countries that will shape the future growth of the city population of the world as they are expected to add more than 500 million city residents between 2025 and 2050, accounting for over half of the projected 986 million increase in the global number of city dwellers over that period. The success or failure of urbanisation in these key countries will shape global development outcomes. Their ability to manage city growth sustainably will have profound implications not only for their populations but also for global progress toward the Sustainable Development Goals and climate objectives.

It said that the world is becoming increasingly urban, with cities now home to 45 per cent of the global population of 8.2 billion. It noted that the growth of the world's city population between now and 2050 will be concentrated in seven countries: India, Nigeria, Pakistan, Democratic Republic of the Congo, Egypt, Bangladesh and Ethiopia. These seven countries, which host nearly one third (30 per cent) of the global population in 2025, will shape the future growth of the city population and are projected to contribute over half of the global growth of city dwellers by 2050.

The report said that the two most populous countries, India and China, will also have the largest populations residing in towns between now and 2050. As of 2025, the proportion of people living in towns has reached 44 per cent in India and 40 per cent in China. Together, India and China account for more than 1.2 billion town population, representing over 40 per cent of the population living in towns globally. However, both countries also have substantial city populations, with a combined population of nearly 1.2 billion (627 million in China and 589 million in India in 2025).

Between 1950 and 1975, both countries experienced rapid growth in their city populations, but this pace slowed between 1975 and 2000 and in subsequent years, largely due to declining fertility rates and slower overall population growth. Despite this deceleration, city population growth has outpaced town population growth, resulting in a decrease in the share of people living in towns. Each country still has more than 200 million people residing in rural areas, a figure that is expected to remain relatively stable through 2050.

The report said that the number of megacities quadrupled from eight in 1975 to 33 in 2025, with 19 in Asia. Projections indicate that there will be 37 megacities globally by 2050, as the populations of Addis Ababa (Ethiopia), Dar es Salaam (United Republic of Tanzania), Hajipur (India) and Kuala Lumpur (Malaysia) grow to over 10 million. Among the 33 megacities with 10 million inhabitants or more in 2025, 19 are in Asia. India alone has five megacities, and China has four. Worldwide, more than 3,000 cities experienced population decline between 2015 and 2025.

The CNX Nifty ended at 26192.15, up by 139.50 points or 0.54% after trading in a range of 26063.20 and 26246.65. There were 31 stocks advancing against 18 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Eicher Motors up by 3.32%, Bajaj Finance up by 2.29%, Bajaj Finserv up by 2.21%, Reliance Industries up by 1.99% and Tech Mahindra up by 1.54%. On the flip side, Asian Paints down by 1.17%, HCL Technologies down by 1.03%, Titan Company down by 0.78%, Hindustan Unilever down by 0.54% and Apollo Hospital Ent. down by 0.48% were the top losers. (Provisional)

European markets were trading higher; France’s CAC rose 66.83 points or 0.84% to 8,020.60, Germany’s DAX gained 192.78 points or 0.83% to 23,355.70 and UK’s FTSE 100 increased 60.89 points or 0.64% to 9,568.30.

Asian markets settled mostly higher on Thursday, boosted by Wall Streets’ gains overnight even as the Federal Reserve's October meeting minutes signalled divided views on another rate cut in December. Market sentiments strengthened further after  Nvidia delivered stellar third-quarter earnings, in a sign that AI bubble concerns aren’t slowing down the AI industry. Japanese shares surged led by a robust rally in technology shares, while weaker yen following reports that the government is in the final stages of assembling a massive stimulus package worth 21.3 trillion yen also supported sentiments. Although, Chinese shares declined as China's central bank PBoC leaves benchmark lending rates unchanged for the sixth consecutive month in November.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,931.05

-15.69

-0.40

Hang Seng

25,835.57

4.92

0.02

Jakarta Composite

8,419.92

13.34

0.16

KLSE Composite

1,619.96

-3.93

-0.24

Nikkei 225

49,823.94

1,286.24

2.65

Straits Times

4,511.87

6.65

0.15

KOSPI Composite

4,004.85

75.34

1.92

Taiwan Weighted

27,426.36

846.24

3.18

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