Indian equity markets kicked off the trading session on November 20, 2025, with robust bullish momentum, extending gains from previous sessions and setting new benchmarks for investors. The benchmark indices opened in positive territory, reflecting optimistic investor sentiment driven by multiple favorable factors.
Record-Breaking Market Performance
The Nifty index surged to an unprecedented high of 24,750 points during early trading hours, marking a significant milestone in the current bull run. Simultaneously, the Sensex climbed impressively, gaining over 450 points to touch 81,500 levels. This strong opening followed positive cues from global markets and was supported by broad-based buying across multiple sectors.
Market analysts noted that the rally was particularly driven by heavyweight stocks in the banking, financial services, and technology sectors. The bullish sentiment was evident across market breadth, with advancing stocks outnumbering decliners by a considerable margin during the initial trading hours.
Key Drivers Behind the Market Rally
Several crucial developments contributed to the market's upward trajectory. Infosys announced a major share buyback program worth ₹18,000 crore, set at ₹2,100 per share, which generated significant positive momentum in IT stocks. This corporate action demonstrated the company's confidence in its future growth prospects and commitment to enhancing shareholder value.
Meanwhile, Adani Ports emerged as another standout performer, rallying substantially after reporting stronger-than-expected operational metrics. The company's container handling volumes and cargo throughput showed impressive growth, reinforcing its dominant position in the port infrastructure sector.
Global market conditions also played a supportive role, with Asian markets trading mostly higher during the session. Japan's Nikkei and Hong Kong's Hang Seng indices showed moderate gains, creating a favorable environment for risk assets globally.
Sectoral Performance and Market Outlook
The banking sector displayed particular strength, with both private and public sector banks contributing to the gains. The Nifty Bank index outperformed the broader market, rising nearly 1.5% in early trade. Technology stocks also remained in focus following the Infosys announcement, with several IT majors showing healthy buying interest.
Market experts suggest that the current bullish phase could sustain in the near term, given the combination of strong domestic fundamentals, improving global economic outlook, and continued foreign institutional investor interest. However, they also caution investors to remain vigilant about potential volatility around higher valuation levels.
The derivatives data indicated significant call writing at 24,800 levels for Nifty, suggesting this might act as immediate resistance. On the downside, 24,600 is expected to provide strong support based on put option concentrations.
As the trading session progressed, market participants were closely monitoring corporate announcements, global crude oil prices, and currency movements for further directional cues. The overall market sentiment remains cautiously optimistic with a positive bias toward quality large-cap stocks.
