The Indian equity market traded with a mildly positive bias on Friday late morning, with the Nifty 50 hovering above the 26,200 mark, supported by selective buying in banking and index heavyweights. While the headline index showed only modest gains, individual stocks in the broader market witnessed sharp swings on both sides.
The Nifty 50 was seen around 26,246.55, up about 31 points or 0.12%, after opening near 26,237 and touching an intraday high of roughly 26,280 with a low around 26,172. Bank Nifty traded firm above 59,800, adding nearly 0.15%, indicating continued strength in financials even as the Nifty Financial Services index stayed marginally negative.
Top gainers in broader market
Among notable gainers, Motogen Finserv (MOTOGENFIN), Nec Life Sciences (NECLIFE), Adani RE, 63 Moons Technologies and Sigachi Industries surged between about 13% and 20% during the session. Motogen Finserv rallied nearly 20% to around ₹28.9, while 63 Moons Technologies jumped close to 14% with strong traded value above ₹190 crore, indicating aggressive momentum participation.
Key losers: MCLOUD, Yatharth, INDOUS, GAIL
On the downside, Magellanic Cloud (MCLOUD), Yatharth Hospital, Indo US Bio-Tech (INDOUS), ATL-RE and GAIL were among the top losers, declining between roughly 5.3% and 10%. GAIL slid over 5% to about ₹174 on heavy volumes above 3.7 crore shares, suggesting profit‑booking after its recent outperformance.
Market undertone and trading cues: November 28, 2025
Analysts point out that the Nifty’s ability to sustain above the 26,200 zone despite sectoral churn reflects a consolidative, stock‑specific phase rather than a broad risk‑off move. Traders are focusing on high‑beta names like Adani RE and 63 Moons Technologies for short‑term opportunities, while keeping an eye on support near 26,150–26,100 and resistance around 26,300 on the benchmark index.