Morning Market Update – 27 November 2025
1. Foreign Data & Global Cues
US markets extended gains:
S&P 500 +0.69%
Nasdaq +0.82% (4th consecutive positive session)
Tech outperformed globally: Oracle +4%, Microsoft +2%
US markets shut today for Thanksgiving
US 10-year yield: 3.99% (6-week low; supportive for equities)
Dollar Index: 99.5 (below 100 for 3 sessions — risk-on supportive)
Brent Crude: $63.5
Fed Beige Book due today
GIFT Nifty: +32 pts at 26,422, indicating a positive start
2. Market Setup
FIIs net buyers for the second straight day
FII short positions: down to 83% from 88% — bullish shift
Options data signalling positive momentum
Markets not overbought, indicating scope for continuation
Index heavyweights seeing long build-up
Broad sentiment turning risk-on
3. Institutional & Macro Views
Macquarie and JP Morgan turn bullish on Indian equities
IMF: India’s growth remains robust despite external headwinds
4. Spot Index Levels (27 Nov 2025)
NIFTY 50
Support: 26,100 → below this 26,000
Resistance: 26,300 → above this 26,400
BANKNIFTY
Support: 59,300 → below this 59,000
Resistance: 59,800 → above this 60,000
NIFTY FIN SERVICE
Support: 27,700 → below this 27,600
Resistance: 27,900 → above this 28,000
BSE SENSEX
Support: 85,300 → below this 85,000
Resistance: 86,000 → above this 86,300
5. Securities in Ban (27 Nov 2025)
None
6. Stocks to Watch Today