Global Market Futures (as of 06:25 AM IST)
US Market (Futures)
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Nasdaq: +0.10%
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Dow Jones: +0.11%
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S&P 500: +0.05%
European (Futures)
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Ftse 100: +0.03%
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Cac 40: +0.88%
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Dax : +0.16%
Asian
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Nikkei 225: +1.30%
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ASX 200: +0.43%
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KOSPI: +1.39%
Gift Nifty: 26440.00 (+0.12%)
FII and DII Trading Activity November 26, 2025 in Cash market:
FIIs / FPIs: Net Buy of ₹4,778.03 crore
DIIs: Net Buy of ₹6,247.93 crore
Results Today:
Kridhan Infra, Safecure Services, and Davin Sons Retail will release their quarterly earnings today.
Key Corporate & Economy Updates:
Positive:
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Jammu & Kashmir Bank: Board has approved plans to strengthen capital by raising up to ₹5 bln via Tier 2 bonds. In addition, the bank plans to raise up to ₹7.50 bln via a Qualified Institutional Placement (QIP) to support growth and capital adequacy.
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Kesar India: Acquires a Nagpur, Maharashtra plot with estimated revenue potential of INR 9 bn, expanding its development pipeline.
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Yatra Online: Strengthens leadership for next phase of growth with the appointment of Siddhartha Gupta as CEO and elevation of Dhruv Shringi to Executive Chairman, reinforcing strategic and operational leadership.
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BCPL Railway Infrastructure: Secures a contract worth INR 60.06 mn, strengthening its order book in the railway infrastructure segment.
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Ashoka Buildcon: Subsidiary sells stake in five SPVs to Maple Infrastructure in a transaction valued at INR 18.14 bn, unlocking capital and improving liquidity.
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Krishival Foods: Approves fund-raising via a INR 1 bn rights issue to support business expansion and working capital.
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Western Ministil: To issue 3.5 mn equity shares and 4.5 mn warrants, bolstering capital availability for future growth.
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Goa Carbon: Receives income tax refund of INR 23.2 mn, offering a positive one-time cash inflow.
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Patel Engineering: Receives project award worth INR 7.98 bn, enhancing revenue visibility and strengthening its project pipeline.
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Oberoi Realty: Enters into a development agreement for land in Mumbai, adding a premium project to its development portfolio.
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LG Balakrishnan & Bros: Signs MoU with the Government of Tamil Nadu to receive infrastructural and regulatory facilitation, supporting expansion and operational efficiency.
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M & B Engineering: Secures an export order worth USD 7.5 mn in the USA, boosting international business.
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Asian Paints: Asian Paints announces an AED 140 mn investment for a 55,800 KL capacity facility, while Berger Paints: The Company plans a second facility in the UAE, collectively expanding Middle East market presence.
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Containe Technologies: To manufacture vehicle location tracking devices for Tamil Nadu, benefiting from regulatory push for telematics.
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Info Edge (India): To invest INR 700 mn in startup investments and INR 50 mn in Smartweb Internet Services, continuing its strategy of backing high-growth digital ventures.
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Pidilite Industries: Subsidiary to invest up to INR 51 mn in MagicDecor, broadening offerings in decorative solutions and home improvement adjacencies.
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Starlog Enterprises: Receives interim regulatory relief as SAT grants stay on SEBI order, reducing short-term compliance pressure.
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Wipro: Announces a strategic alliance and joint AI research programme with IISc, strengthening its innovation capabilities in advanced AI technologies.
Negative:
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Canara Bank: RBI imposes a monetary penalty of INR 435,550, reflecting supervisory concerns despite limited financial impact.
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ICICI Bank: Receives RBI compounding order with an associated financial impact of INR 2.3 mn, highlighting compliance observations though immaterial financially.
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SBI Life: Receives tax order and penalty totalling INR 687.7 mn, representing a moderate regulatory and financial setback.
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Ambuja Cements: Receives orders for tax shortfall of INR 21.4 mn and penalty of INR 2.2 mn, including additional scrutiny on excess ITC claims, increasing tax-related contingent liabilities.
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SM Auto Stamping: CFO Vaibhav Bharat Khadke resigns, raising near-term uncertainty around financial leadership.
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Panacea Biotec: CFO Devender Gupta resigns, creating disruption in finance function continuity.
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Dr Reddy’s: Faces penalty of INR 6.5 mn with no material impact, alongside a tax demand and penalty order for its subsidiary, increasing compliance-related overhang.
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Union Bank of India: RBI imposes penalty of INR 843,000, signalling regulatory observations though not financially material.
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Thomas Scott (India): Reports a fire incident at Rajlaxmi Industrial Complex on 25 November, halts operations at the affected warehouse, and confirms no loss of life or injury, though the event remains operationally negative.
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Bang Overseas: Reports a fire incident on 25 November 2025 causing damage to part of its building and assets including stock, temporarily halting warehouse operations; confirms no loss of life, with loss assessment ongoing.
Neutral / Others
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International Conveyors: Company has purchased equity shares of Ganesha Ecosphere worth about ₹112.8 mln as a strategic financial investment.
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Pro Fin Capital Services: Excellence Creative expresses intent to acquire up to a stake in the company, signalling strategic investor interest.
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SIS: Appoints Rita Kishore Sinha as Chairperson effective 25 November 2025, supporting governance stability and leadership continuity.
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NACL Industries: Board to consider and evaluate fund-raising proposals, signalling potential capital initiative without immediate dilution.
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Nexus Select Trust: To consider raising funds via non-convertible debentures, indicating exploration of debt-financing options.
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UGRO Capital: To consider issuance of non-convertible debentures for funding and ALM purposes.
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Bharti Airtel: Indian Continent Investment Sells 34.3 mn shares of Bharti Airtel at INR 2,097.81 per share (NSE data), representing investor portfolio adjustment.
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Adani Enterprises: IHC unit sells 842,924 shares of Adani Enterprises via bulk deal (NSE data), reflecting investment rebalancing without operational effect on Adani.
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Three M Paper Boards: Reports minor fire incident at its Chiplun plant, confirms fire was controlled promptly, with no financial loss or production impact, making the event non-material.
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Den Networks: FMEL sells its entire equity stake in three subsidiaries as part of group-level restructuring, with unclear immediate earnings effect.
Non-Corporate, Unlisted & Foreign / Macro
1) IMF’s Key Observations & Recommendations on India affirming macroeconomic stability(2025 Article IV Consultation):
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Growth Performance: Notes 7.8% real GDP growth in Q1 FY2025/26 after 6.5% in FY2024/25.
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Growth Outlook: Projects 6.6% growth for FY2025/26, moderating to 6.2% in FY2026/27.
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Inflation: Expects headline inflation to remain well-contained.
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Resilience: States that India’s growth is expected to remain robust despite external headwinds, supported by domestic fundamentals.
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Labour & Human Capital: Welcomes recent labour market reforms and encourages further strengthening of human capital and higher female labour force participation.
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Structural & Trade Reforms: Suggests that concluding new trade agreements and accelerating domestic structural reforms would improve economic performance.
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FX Regime Classification: Reclassifies India’s FX regime from a “stabilized arrangement” to a “crawl-like arrangement,” noting increased flexibility.
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Exchange Rate Flexibility: Observes increased two-way exchange rate movement and sees room for further flexibility.
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Tariffs & Output Impact: Notes that tax reforms and lower effective tax rates are expected to cushion the adverse impact of tariffs.
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Tariff Relief: Recommends tariff relief measures be targeted, transparent, and time-bound to reduce distortions.
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Tariffs & Monetary Easing: States that if tariffs remain at current levels, India’s benign inflation outlook could allow room for further monetary easing.
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Fiscal Strategy: Advises that the pace of fiscal consolidation for FY2026/27 should account for tariff impacts on the output gap.
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Fiscal Discipline: Emphasizes that achieving deficit targets will require strong expenditure discipline.
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Downside Risks: Flags risks from geopolitical fragmentation and unpredictable weather shocks.
2) UK – Reeves: Combined Policy Summary
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Transport Taxes: Announces a new mileage-based taxation system, introducing a 1.5p per mile charge for plug-in hybrids and a 3p per mile tax for electric vehicles, expanding the UK’s tax framework to reflect the shift toward cleaner mobility.
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Tax Relief: States that individuals whose income comes solely from pensions will not be required to pay small amounts of income tax, while encouraging all citizens to contribute fairly to the taxation system.
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Motability Scheme Changes: Removes luxury vehicles from the Motability programme for disabled drivers, aligning the scheme more closely with its intended policy objectives.
3) India Foreign Ministry: Examining Bangladesh’s extradition request for former PM Sheikh Hasina.
4) RBI – Data Timeliness: Deputy governor states intention to publish balance of payments data with ~40-day lag, improving transparency.
5) Microtech Medical (Hangzhou): Receives market approval in India for Linx continuous glucose monitoring system, expanding medical device options.
6) RBI – Currency & Money Supply: Reports currency in circulation up INR 120.14 bn to INR 38.62 trln; y/y growth at 8.6%; reserve money growth at 1.8%; M3 money supply at 9.8% y/y.
7) India 10-year G-Sec: Benchmark yield ends slightly lower at 6.4934% vs 6.4984% previous close, indicating stable rate expectations.
8) India Information Minister: Announces cabinet approval of INR 72.8 bn rare earth permanent magnets manufacturing initiative, boosting strategic materials capability.
9) Digital Connexion: Announces USD 1.1 bn investment by 2030 in an AI-native IGW data centre in Andhra Pradesh, enhancing digital infrastructure and FDI flows.
10) India Clean Energy Ministry: Urges power regulator to defer stricter penalties for wind and solar projects, supporting project viability during transition.
Bulk Deals
Bharti Airtel
Promoter entity Indian Continent Investment sold 3.43 crore shares (0.6% equity) for ₹7,195.5 crore at ₹2,097.81 per share. Following the sale, total promoter shareholding stood at 50.27%, including Indian Continent Investment’s remaining 1.48% stake.
Tarsons Products
Investor Siddhartha Sacheti exited 1.58% of Tarsons Products by selling 8.4 lakh shares through two block deals at ₹229.24 and ₹233.37 per share, raising a combined ₹19.44 crore. The transactions reduce his stake in the laboratory plasticware company.
Mangalam Drugs and Organics
Tata Capital sold a 3.47% stake in Mangalam Drugs via two block deals, offloading 5.49 lakh shares at around ₹33.4 per share. The sales totaled approximately ₹1.84 crore, marking a strategic reduction in its holding.
Rain Industries
First Water Fund acquired 19.48 lakh shares (0.57% equity) of Rain Industries for ₹21.24 crore at ₹109 per share from K2 Family Private Trust and Haresh Tikamdas Kaswani, increasing its stake beyond the earlier 1.22% holding.
IPO Listing Today:
Mainboard Listing
-KSR Footwear
On-going IPO:
Last Date 27-Nov
-SSMD Agrotech India Ltd (BSE SME)
Last Date 28-Nov
-Mother Nutri Foods Ltd (BSE SME)
-K K Silk Mills Ltd (BSE SME)
Upcoming IPO:
(01-Dec to 03-Dec)
-Invicta Diagnostic Ltd (NSE SME)
(02-Dec to 04-Dec)
-Neochem Bio Solutions Ltd (NSE SME)
Securities Trading Ex-Dividend on November 27, 2025
AK Capital Services Ltd
Securities Trading Ex-Split on November 27, 2025
Sikko Industries Ltd (From Rs. 10 to Re. 1)
Securities Trading Ex-Reduction of Capital on November 27, 2025
Gold Coin Health Foods Ltd
Securities Under F&O Ban on November 27, 2025
NIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
