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Market Commentary

Overnight global action was Negative: On 18 th Nov, U.S. markets down with S&P 500 -55.04. pts (-0.82%), Dow Jones down by -498.89 pts (-1.07%) and Nasdaq down by -296.82 pts (-1.20%). India VIX was up by ~2 .3%. GIFT Nifty is trading2up at ~25,925 (-33.50 pts, -0.1%) indicating Indian markets will open positively

On 18 th Nov, advance decline ratio on NSE was 3212: 2167 and BSE was 1404: 2810 which showed balanced in the overall markets.

Index Options Data Analysis:

Sensex max call OI and max put OI both is at 85,000 with PCR of 1.01

Nifty max call OI is at 25,900 and max put OI is at 25,900 with PCR of 0.8

Bank Nifty max call OI is and max put OI is at 58,500 with PCR of 0.8

Securities in Ban for F&O Trade for 19 th – Nov -2025:

SAIL

Sectors in Focus:

Metal : Nifty Metal index was down by +1.07% with HINDCOPPER (-2.53%), VEDL (-2.12%) and SAIL (-1.90%) among the top losers.

IT : Nifty IT index down by -1.10% with TECHM (-2.2%), LTIM (- 1.47%), and COFORGE (-1.45%) Among the contributors.

Realty : Nifty Realty Index was down by -1.91%, AUBANK (+2.63%), CANBK (+2.01%) and FEDERALBNK (1.43) were pulling down the index.

Energy : Nifty Energy index was down by -0.59% with SOBHA (- 3.01%), LODHA (-2.56%) and DLF (-2.54%) among the top losers.

Financial Services: Nifty Financial Services index was up by - 0.36 % with SIEMENS (-4.99%), JIOFIN (-1.99%) and MUTHOOTFIN (-1.82%) contributing negatively to the index.

FMCG : Nifty FMCG index up by -0.56% with TATACONSUM (- 2.28%),UBL (-1.28%), and GODREJCP (-1.07%) Among the contributors.

Stocks in the News

1. Tata Consultancy Services Limited (CMP: 3085.65, MCap: 11,16,415,174, Sector: IT Services, Valuation: 21.53x FY26 P/E) TCS was selected by NHS Supply Chain for a 5-year deal to transform healthcare delivery using AI and cloud technologies. This partnership, announced on November 18, 2025, marks a significant contract win, reinforcing TCS's position in the global IT services market. News Source: TCS

2. HCL Technologies Limited (CMP: 1594.75, MCap: 4,32,761,741, Sector: IT Services, Valuation: 23.69x FY26 P/E) HCL Technologies Limited opened a new office in Calgary, expanding its presence in Canada. Additionally, HCLFoundation announced enhanced support for the Indian para-athletic community, reflecting social responsibility efforts, as shared on November 18, 2025. News Source: HCLTECH

3. Solar Industries India Limited (CMP: 13772.65, MCap: 1,24,628,785, Sector: Chemicals & Explosives, Valuation: 72.06x FY26 P/E) Solar Industries India Limited received an export order worth INR 1400 crores, significantly boosting its international business. This substantial contract will likely enhance revenue and global market presence, as disclosed on November 18, 2025. News Source: SOLARINDS

4. Godrej Consumer Products Limited (CMP: 1141.65, MCap: 1,16,802,508, Sector: FMCG, Valuation: 48.95x FY26 P/E) Godrej Consumer Products Limited shared general updates on November 18, 2025, potentially concerning operational or strategic shifts. The specifics are not detailed but deemed relevant for stakeholder impact. News Source: GODREJCP

5. NTPC Green Energy Limited (CMP: 98.2, MCap: 82,746,557, Sector: Renewable Energy, Valuation: 48.56x TTM EV/EBITDA) NTPC Green Energy Limited announced the commercial operation of a 75.5 MW capacity out of the 1255 MW Khavda-I Solar PV Project by its subsidiary, NTPC Renewable Energy Limited. This milestone enhances the company’s renewable energy portfolio and contributes to sustainability goals, as disclosed on November 18, 2025. News Source: NTPCGREEN

6. Glenmark Pharmaceuticals Limited (CMP: 1841.75, MCap: 51,974,333, Sector: Pharmaceuticals, Valuation: 17.64x FY26 EV/EBITDA) Glenmark, in partnership with Cosmo, announced market authorization for Winlevi® (clascoterone) 10 mg/g cream for acne treatment in 15 European countries, expanding its dermatology portfolio and market reach, as disclosed on November 18, 2025. News Source: GLENMARK

7. Escorts Kubota Limited (CMP: 3608.6, MCap: 40,372,206, Sector: Agricultural Machinery, Valuation: 32.52x FY26 P/E) Escorts Kubota Limited introduced third-generation ride-on rice transplanters in India on November 18, 2025. This product launch aims to enhance agricultural productivity and strengthen its market position. News Source: ESCORTS

8. Ventive Hospitality Limited (CMP: 737.85, MCap: 17,231, Sector: Hospitality, Valuation: 19.04x TTM EV/EBITDA) Ventive Hospitality Limited announced an acquisition, signaling a strategic expansion or diversification. The details focus on the intent to bolster its market presence, though specific terms or entities involved are not mentioned, as disclosed on November 18, 2025. News Source: VENTIVE

View-Medium Term Bullish

The stock commenced its downtrend from Rs.7788 (JUL 2025). Forming Lower lows, the stock started trading below EMA’s & made a low of Rs.5676 (NOV 25). Later, Consolidation followed between the range 5660 – 6050 (OCT 25_NOV 25) & the stock has given a Rectangle pattern Breakout, supported by volumes reaching a high of Rs.6255.

Currently, the stock attracted buying interest trading above short term EMA’s and MACD indicator shows positive momentum, confirming further upside potential.

Target of 7440 is expected with lower support levels at (6010-5930)-5865-(5820-5740) in case of intermediate fall.

A stop loss at 5660 is to be followed for the trade.

SMS subject to  Disclosures and Disclaimer goo.gl/8bCMyQ

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