November 21, 2025 (Mid-cap): Nifty 50 Retreats After Hitting Highs; Select Midcaps Stand Out Amid Broader Market Correction

On November 21, 2025, the Indian equities market witnessed a bout of profit-booking, with the Nifty 50  sliding 61.20 points (0.23%) to 26,130.95 by mid-session. Sectoral indices mirrored the cautious mood with sharp declines, especially in financial and banking stocks. Despite the pullback, certain midcap names defied the broader downtrend, delivering double-digit gains on strong volume.

Also Read: November 21, 2025 (Opening): Nifty 50 Opens Softer After Record Rally; Select Smallcaps Climb Even as Broader Sentiment Turns Cautious

Market Overview:

Nifty 50 opened softer and dipped further, as the Nifty Next 50 lost 0.96%, closing at 68,902.85, and Nifty Financial Services and Nifty Bank  shed 0.74% and 0.44% respectively. High volatility prevailed across major sectors, bringing about sharp intraday moves.​

Leading Gainers:

Amid profit-taking, a group of midcaps captured market attention with solid upside momentum:

• APEX jumped 16.07% to ₹321.40 on high trade value of ₹336.99 crores.

• MCLOUD rebounded 14.18% to ₹61.11, seeing high activity with nearly 921 lakh shares traded.

• ENERGYDEV added 13.06% to ₹25.62.

• DEVX rose 12.06% to ₹47.40.

• BIL moved up 11.01% to ₹910.65.​

The strength in these stocks highlighted selective risk-taking even in a cautious market.

Major Losers:

Several previously active counters witnessed steep corrections as traders continued to book profits:

• SPECTRUM tumbled 11.28% to ₹1,156.60.

• SHYAMCEMT fell 9.51% to ₹4.95.

• JPPOWER slipped 7.67% to ₹19.98, with a massive 2,391 lakh shares traded.

• BANCOINDIA lost 6.36% to ₹724.85.

• SBGLP dropped 5.95% to ₹32.27.​

Such declines suggest ongoing rotation out of prior winners and a temporary risk-off sentiment.

Conclusion: November 21, 2025

The downward move for Nifty 50 , after a string of record highs, signals the market’s desire for consolidation and profit realization. While broader indices weakened sharply, individual midcaps like APEX and MCLOUD stood out, demonstrating that selective opportunities persist for brave traders even as caution dominates the larger landscape.