Indian Stock Market Extends Losses, Mid & Small-Caps Shine
Nifty, Sensex Fall for 3rd Day; Parekh's Stock Picks

The Indian stock market witnessed a subdued trading session on Tuesday, November 25, 2025, marking its third consecutive day of decline. The benchmark indices, Sensex and Nifty, closed in the red, pressured by a lack of fresh domestic triggers and mixed signals from global markets.

Benchmark Indices See Modest Decline

In Tuesday's trade, the Nifty 50 index closed 0.29% lower at 25,884.80 points, down from its previous close of 25,959.50 points. Similarly, the BSE Sensex index ended the day at 84,587.01 points, falling 0.37% from its last closing level of 84,900.71 points. Despite this downward trend in the major indices, the broader market showed resilience. The mid-cap and small-cap segments managed to buck the trend, finishing the day on a positive note and outperforming their larger counterparts.

Expert View: A Cautious Market Bias

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, provided her analysis on the market's current stance. She stated that the Nifty 50 is trading with a slightly cautious bias. For the market to regain its upward momentum and aim for new highs, a decisive move past the crucial 26,000 level is essential.

Elaborating on the Nifty outlook, Parekh said, "The index would have the near-term support band near the 25,750-25,800 zone which needs to be sustained. On the upside, to get the momentum going, it would need a revival and move past the 26,000 level." She identified fresh higher targets at 26,500 and 27,200 levels once conviction returns to the market.

Bank Nifty and Stock Recommendations

Regarding the Bank Nifty index, Parekh noted that it is consolidating near the 58,800 zone. She highlighted that the index has a near-term support level at 58,000, with a major crucial support at the 50EMA level of 57,400. A decisive breach above 59,500 is needed to continue the positive trend.

For Wednesday's trading session, Parekh identified the key support for Nifty at 25,750 points and resistance at 26,100. The expected trading range for Bank Nifty is between 58,500 and 59,400 points.

Vaishali Parekh also recommended three stocks for investors to consider:

  • Transformers and Rectifiers (India) Ltd (TARIL): Buy at ₹299, Target ₹320, Stop Loss ₹288.
  • Finolex Industries Ltd (FINPIPE): Buy at ₹184, Target ₹200, Stop Loss ₹180.
  • BSE Ltd (BSE): Buy at ₹2,835, Target ₹2,950, Stop Loss ₹2,780.