Market Close: Nifty Above 26,000, Sensex Gains 388 Points

Indian benchmark indices ended higher on November 17, supported by broad-based buying across sectors. The Nifty settled above the 26,000 mark, while the Sensex posted healthy gains.

Major Gainers and Losers on Nifty

Several large-cap stocks supported the rally.
Top gainers included Bajaj Auto, Tata Consumer, Eicher Motors, Max Healthcare, and Maruti Suzuki.
On the other hand, TMPV, Adani Enterprises, Jio Financial, Interglobe Aviation, and UltraTech Cement ended in the red.

Sectoral Indices End in Green

All sectoral indices closed positive.
Notably, auto, banking, realty, capital goods, consumer durables, and PSU banks gained 0.5% to 1%.
Furthermore, the BSE Midcap and Smallcap indices rose 0.6% each, showing broad market strength.

Sensex and Nifty Performance

At the closing bell:

Sensex jumped 388.17 points (0.46%) to 84,950.95.
Nifty 50 rose 103.40 points (0.40%) to 26,013.45.

Market breadth was mixed with 1,862 advancing, 2,068 declining, and 155 unchanged stocks.

Infosys Unveils AI-First GCC Model

Infosys introduced its AI-First GCC Model, which helps organizations build modern, AI-enabled Global Capability Centers.
This solution aims to enhance innovation, agility, and competitiveness.
Moreover, it positions GCCs as strategic growth engines in an AI-driven era.

Power Grid to Raise ₹3,800 Crore via Bonds

The committee of directors has approved issuing Unsecured, Non-convertible, Redeemable, Taxable POWERGRID Bonds – 83rd Issue (2025–26) for up to ₹3,800 crore through private placement.

Stock update:

Current price: ₹273.35 (+0.76%)
Day high/low: ₹273.95 / ₹270.10
Volume: 265,480 (62% below 5-day average)
Previous close: ₹271.30
52-week high/low: ₹345.25 / ₹247.50

The stock trades 20.83% below its 52-week high and 10.44% above its 52-week low.
Its market capitalization stands at ₹2,54,232.01 crore.

Saatvik Green Energy Bags ₹177.50 Crore Order

Saatvik Solar Industries secured an order worth ₹177.50 crore from a well-known independent power producer/EPC company.
The contract involves the supply of solar PV modules, further strengthening the company’s renewable energy footprint.