Stock Market Today 20 Nov: The Indian stock market opened on a positive note today. The Nifty 50 index opened at 26,132.10, rising 79.45 points or 0.30 per cent, while the BSE Sensex started the session at 85,462.78, gaining 276.31 points or 0.32 per cent. With this momentum, both indices inched closer to their record highs–Nifty’s all-time high of 26,277.37 and the Sensex peak of 85,978.25, both touched in September 2024.
Stock Market Today 20 Nov: Nifty Metal records strongest start
The broader market also mirrored the upbeat sentiment. On the NSE, the Nifty 100 rose 0.32 per cent, the Nifty Midcap 100 gained 0.37 per cent, and the Nifty Smallcap 100 was up 0.39 per cent, maintaining positive momentum across market segments. Among sectoral indices, Nifty Metal recorded the strongest start with a 0.6 per cent rise, followed by Nifty Auto, which increased 0.50 per cent. Nifty IT also traded higher in early deals. The Nifty FMCG index was flat but in the green with a 0.14 per cent gain, while Nifty Realty climbed 0.31 per cent and consumer durables gained 0.25 per cent.
Stock Market Today 20 Nov: Top Gainers & Top Losers
| Top Gainers | Top Losers |
|---|---|
| Adani Ports | Asian Paints |
| Bajaj Finance | HCL Tech |
| Power Grid | ICICI Bank |
| Axis Bank | Eternal |
| M&M | Maruti Suzuki |
| Titan | Sun Pharma |
| BEL | Infosys |
| HUL | |
| Tata Steel | |
| ITC | |
| UltraTech Cement | |
| NTPC | |
| Bajaj Finserv | |
| Bharti Airtel |
Stock Market Today 20 Nov: What experts have to say?
Ajay Bagga, Banking and Market Expert, told ANI that the Indian markets were positioned for a “subdued but positive reaction” with a firm opening expected.”Focus is on the US-India trade deal plus the upcoming visit of Russian President Putin to India which will seal a slew of deals. Nvidia delivered blockbuster numbers and reassured markets on the AI hyperscaling cycle with a strong guidance. US futures are dancing upwards and Asian tech stocks are up, leading the regional indices upwards,” he said.
Stock Market Today 20 Nov: Global Market Updates
Globally, markets were also reacting to the latest FOMC minutes, which were described as a “ho hum mixture of caution and hawkishness.” However, the bigger driver for sentiment was Nvidia’s strong earnings update, which not only boosted the company’s outlook but offered what analysts called a “macro impacting earnings reassurance” for markets.
Also Read: Gold Rate Today 20 Nov: Know today’s gold and silver prices here
