The Nifty ended 143 points higher, while the Sensex was up by 513 points.
Shrikant Chouhan,
Head Equity Research,
Kotak Securities Market
Mumbai, November 18, 2025: Today, the benchmark indices bounced back sharply. The Nifty ended 143 points higher, while the Sensex was up by 513 points. Among sectors, the IT index outperformed today, rallying 3 percent, whereas despite strong market momentum, some profit booking was seen in selective Realty, Oil and Gas stocks .
Technically, after the bounce back, the market not only crossed the 26,000/85000 resistance mark but also succeeded in closing above it, which is largely positive. Additionally, it formed a bullish candle on the daily charts, supporting further uptrend from the current levels.
For day traders, 26,000/85000 and 25,920/84700 would be the key support zones. As long as the market trades above these levels, the bullish momentum is likely to continue. On the higher side, 26,100/85500 would be the immediate resistance zone for the bulls. A successful breakout above 26,100/85500 could push the market up to 26,200–26,250/85800-86000. On the flip side, if the market drops below 25,920/84700, the uptrend could become vulnerable.
Gaurav Garg, Research Analyst Lemonn Markets Desk, adds:
Equity benchmarks rebounded on Wednesday, with the Sensex and Nifty trading higher after Tuesday’s pause, supported largely by strong buying in information technology stocks. The rally was led by IT names such as Infosys and HCL Technologies, with sentiment improving after Infosys announced its Rs18,000-crore share buyback starting November 20. Expectations surrounding a potential India–US trade agreement also lifted sentiment, while a global shift away from AI-heavy bets steered more flows toward emerging markets like India. This “anti-AI trade” has pushed the Nasdaq off recent highs, contributing to India’s relative outperformance.
Volatility eased as India VIX slipped to 11.84, supporting the market’s recovery. Technically, once the all time high is broken, Nifty can move in 26,450-500 zone next week. But staying above 26,000 level is crucial.
