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Below the Quote on Weekly Market Outlook 28th November 2025 from Vinod Nair, Head of Research at Geojit Investments Limited

"Indian equities navigated a highly eventful week characterised by alternating phases of volatility and resilience, ultimately closing the week on a positive note. Benchmark indices briefly scaled record highs before witnessing profit booking at elevated levels. Global cues remained supportive, aided by softer U.S. yields, renewed expectations of a Fed rate cut, and benign crude prices that helped temper inflation concerns. Despite early pressure from a weakening rupee and continued FII outflows, sentiment improved mid-week as robust domestic inflows and increasing confidence in forthcoming Fed policy easing rekindled buying interest, driving a broad-based market rebound. Gains were led by Pharma, PSU Banks, Media, and IT, while Realty, Consumer Durables, and Oil & Gas lagged behind.

Domestically, the stronger-than-expected Q2 GDP print, driven by resilient manufacturing, solid construction activity, and healthy private consumption, is set to support sentiment in the near term. Investors will now focus on a critical lineup of macro data, including India and U.S. PMI releases, U.S. core PCE inflation, initial jobless claims, and, crucially, the RBI’s policy decision. With robust GDP momentum and improving credit growth providing a solid backdrop for earnings acceleration in H2, the medium-term outlook remains positive. However, pockets of short-term volatility may persist, influenced by global cues and central bank policy announcements."

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