Market Ends Flat as Investors Await Key Economic Data
The Indian stock market concluded a volatile trading session on Friday, November 28, 2025, with benchmark indices finishing nearly unchanged. Investors opted to secure profits at elevated levels, adopting a cautious stance ahead of the release of crucial second-quarter GDP figures and amidst mixed signals from global markets.
According to data from the National Stock Exchange (NSE), the Nifty 50 index closed 0.05% lower at 26,202.95 points, a marginal dip from its previous close of 26,215.55 points. Similarly, information from the BSE website revealed that the BSE Sensex index settled 0.02% down at 85,706.67 points, compared to 85,720.38 points at the end of the last trading session.
Despite this subdued daily performance, the market managed to secure its third consecutive week of gains, advancing by nearly 50 basis points, or half a percentage point. However, the prevailing sentiment on Friday was clearly one of prudence.
Analysts Maintain Positive Outlook for Nifty
Market experts provided a detailed technical perspective on the day's movement. Analysts at Bajaj Broking Research noted that the Nifty 50 formed a small-bodied candle with shadows, indicating indecision, and concluded flat with stock-specific activity occurring near its all-time high.
The brokerage firm anticipates that the index will maintain a positive bias and advance towards the 26,500 level in the upcoming trading sessions. They identified immediate support at the 26,000 level, which was last week's breakout area.
From a short-term perspective, a more critical support zone is positioned between 25,800 and 25,700. This area represents a confluence of technical indicators, including the 20-day Exponential Moving Averages (EMAs), the lower band of a two-month rising channel, and the nearly identical lows of the previous two weeks. Sustaining above this zone is considered vital for preserving the positive market trend.
On the banking front, the Bank Nifty index is expected to sustain its momentum and target the 60,400 level in the near term.
Top Performers of the Week Show Stellar Gains
While the broader market was tepid, several individual stocks delivered spectacular returns to investors over the past week.
1. JSW Holding: Shares of the company surged, closing 2.26% higher on Friday at ₹20,238.15. The stock has delivered an impressive gain of over 16% in the last five sessions and is up 25.88% on a year-to-date (YTD) basis in 2025.
2. Olatech Solutions: This stock witnessed a remarkable rally, closing 3.56% higher at ₹286. Its performance for the week was outstanding, with a gain of more than 54% in just five days. Despite this, it remains down 38.92% YTD.
3. M P K Steels: Leading the pack of gainers, the company's shares skyrocketed 9.68% on Friday to ₹127.82. Investors enjoyed returns exceeding 52% in the last five market sessions, with the stock rising 64% over the past month.
4. Best Agrolife: The stock closed 3.12% higher at ₹401.30. It registered a strong weekly gain of over 33% and has climbed more than 20% in the last one-month period, despite being down 35.39% YTD.
5. Eraaya Lifespaces: Shares of the company rose 5% to close at ₹30.67. The stock provided returns of more than 27% for the week, even though it has seen significant declines of over 73% YTD and 83% over the past year.
As the market enters a new week, all eyes will be on the Q2 GDP data and global cues to determine the next directional move for Indian equities.
