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Informist, Friday, Nov. 14, 2025

 

By Gopika Balasubramanium

 

MUMBAI – India's headline indices are expected to continue their northward journey in the coming week, analysts said. Hopes of a potential trade deal between India and the US may further support the market's upward trajectory, they said.

 

With the September quarter earnings season nearing an end, investors are likely to shift their attention to the possible trade agreement, currency movement, crude oil prices, and upcoming rate cut decisions of the central banks of India and the US in early December. Easing inflation, ample liquidity on low cash reserve ratio, goods and services tax rate cut, income tax rate reduction, better monsoon are all expected to aid growth and low crude oil prices are seen boosting domestic economic growth.

 

Analysts said the September quarter results were clearly stronger than those of the June quarter and they anticipate a meaningful earnings recovery in the remaining two quarters of the current financial year. Some expect the indices to end the calendar year at new record highs, supported by optimism around the trade deal and improving earnings while others believe the upside remains limited.

 

"With the retail inflation easing and the corporate earnings season concluding on a positive note, the backdrop remains supportive for Indian equities," Siddhartha Khemka - head of research - wealth management at Motilal Oswal Financial Services, said in a note. "We expect markets to stay firm, with a potential India–US trade deal announcement offering scope for a sharper up-move," he added.

 

On Friday, the Nifty 50 closed at 25910.05 points, up 30.90 points or 0.1%. The index found support around 25750 points and recovered quickly from the day's low. However, continuous selling in technology stocks prevented further gains in the 50-stock index. The BSE Sensex closed at 84562.78 points, up 84.11 points or 0.1%. This week, both the indices closed higher in all the five trading sessions starting Monday. On a weekly basis, the indices snapped two continuous weeks of decline.

 

While some technical analysts expect the Nifty 50 to continue extending gains, others see the index consolidating if it fails to cross and close above 26000-26100 points. They also said that if it stays above 25700 points, it will help the index continue its upward momentum. Some analysts are cautiously positive on the market in the near-term.

 

"Sentiment remains strong, with the potential (for the Nifty 50 index) to move towards 26,200/26,350 in the short term," Rupak De, senior technical analyst at LKP Securities, said in a note. "Though meaningful resistance is placed around 26,000, the magnitude of the late-session recovery indicates a smart upside move in the coming days," De added. "On the lower end, support is placed at 25,700, and as long as the index holds above this level, the bulls are unlikely to face any major resistance," he said.

 

Investors will react to the September quarter earnings of Tata Motors Passenger Vehicles, which houses its Jaguar Land Rover and other passenger vehicles business. The JLR-maker reported a net loss from continuing operations in the quarter because of a one-time expense of over INR 20 billion related to the cyberattack at its JLR operations in the UK. Despite this, an exceptional gain from demerger of its commercial vehicles business helped the company to report a consolidated net profit for the quarter. On Friday, Tata Motors Passenger Vehicles ended 1.7% lower at INR 391.20 on the National Stock Exchange.  End

 

Edited by Subhojit Sarkar

 

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