HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Key gauges extend gains in morning deals
Nov-26-2025

Indian equity benchmarks extended gains in morning deals in tandem with a rally in global peers and fresh foreign fund inflows. Foreign Institutional Investors (FIIs) bought equities worth Rs 785.32 crore on Tuesday, according to exchange data. Traders took support with Commerce and Industry Minister Piyush Goyal stating that the country's exports, which fell by about 12 per cent in October, have rebounded this month till November 21, entering the positive territory. Traders overlooked Moody's Ratings stated that tax cuts in the current fiscal have dented India's revenue growth, leaving less scope for fiscal policy support for the economy. Sector-wise, power stocks remained in watch as rating agency ICRA has revised its forecast for electricity demand growth downward to 1.5-2 per cent for FY26 from 4-4.5 per cent earlier, mainly impacted by the prolonged monsoon. On the global front, Asian markets were trading higher after benchmarks on Wall Street surged on hopes the Federal Reserve will soon opt to cut interest rates. 

The BSE Sensex is currently trading at 85206.54, up by 619.53 points or 0.73% after trading in a range of 84478.13 and 85266.30. There were 29 stocks advancing against 1 stock declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.93%, while Small cap index was up by 0.98%.

The top gaining sectoral indices on the BSE were Metal up by 1.72%, Oil & Gas up by 1.33%, PSU up by 1.23%, Energy up by 1.20% and Basic Materials up by 1.13%, while Telecom down by 0.31% and TECK down by 0.04% were the only losing indices on BSE.

The top gainers on the Sensex were Trent up by 2.21%, Adani Ports &SEZ up by 2.12%, Tata Motors Passenger up by 2.00%, Axis Bank up by 1.90% and Tata Steel up by 1.77%. On the flip side, Bharti Airtel down by 2.09% was the lone loser.

Meanwhile, the credit rating agency Crisil has said that it expects Indian data centre players to invest Rs 55,000 crore to Rs 60,000 crore over FY2026 to FY2028, which will double the capacity in the range of 2.3 to 2.5 Gigawatt (GW). Further, the revenue of India's data centre operators, run by third parties, is estimated to grow by 20% to 22% annually to reach around Rs 20,000 crore by FY2028. The increased usage of digital technologies and platforms by both enterprises and retail consumers are expected to lead this growth.

Crisil highlighted, rapid adoption of public cloud by enterprises amid ongoing digital transformation and technological advancements, growing investments in artificial intelligence (AI) technologies and proliferation of 5G technology as three key factors which will drive the industry’s growth. Further, it noted that though the capital expenditure would require sizeable debt funding, the growing EBITDA from operational capacities will keep leverage steady at 4.6 to 4.7 times and support credit profiles. 

Moreover, credit profiles of data centres estimated to benefit from customer stickiness, given the high switching costs and long-term agreements with customers, especially hyperscalers. Notably, the share of hyperscalers in the overall revenue mix has been rising. They now account for more than half of the capacity tie-ups, providing stable and predictable cash flow visibility to data centre operators. Additionally, they are expected to set up captive data centres over the medium term, potentially leading to competitive pricing for third-party data centre operators.

The CNX Nifty is currently trading at 26077.95, up by 193.15 points or 0.75% after trading in a range of 25842.95 and 26098.35. There were 49 stocks advancing against 1 stock declining on the index.

The top gainers on Nifty were JSW Steel up by 3.00%, Adani Ports &Special up by 2.18%, Trent up by 2.08%, HDFC Life Insurance up by 1.95% and Axis Bank up by 1.87%. On the flip side, Bharti Airtel down by 2.12% was the lone loser.

All Asian markets were trading higher; Nikkei 225 surged 920.48 points or 1.89% to 49,580.00, Taiwan Weighted added 371.78 points or 1.38% to 27,283.95, Jakarta Composite gained 35.5 points or 0.42% to 8,557.39, Shanghai Composite strengthened 4.53 points or 0.12% to 3,874.55, KOSPI increased 87.02 points or 2.26% to 3,944.80, Hang Seng advanced 162.45 points or 0.63% to 26,057.00 and Straits Times rose 30 points or 0.67% to 4,515.63. 
  RELATED NEWS >>
Most Viewed >>
November 22 , 2025
SEBI plans REITs’ index entry to enhance liqui
November 14 , 2025
Tata Steel UK arm recovery tied to market cond
November 13 , 2025
CAMS launches AI tool to help mutual funds ana
November 14 , 2025
SBI Funds Management - the biggest Indian asse
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.