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Nifty 50 technical analysis with key support and resistance levels - November 4, 2025
📉 MARKET CLOSED - CORRECTION PHASE
Daily Performance: The Nifty 50 index closed at 25,597.65, declining 165.70 points (-0.64%) in today's trading session. The market showed weakness with negative advance-decline ratio and only 8 stocks advancing against 42 declines amid bearish sentiment.
Closing
25,597.65
Change
-165.70 (-0.64%)
Open
25,744.75
Prev. Close
25,763.35
📊 Market Statistics & Trading Details
Trading Session Details
| Metric | Value | Observation |
|---|---|---|
| Volume (Lakhs) | 3,051.43 | Higher participation |
| Value (Crores) | 29,307.25 | Increased trading value |
| FFM. Cap (Lakhs Cr) | 116.51 | Slight decline in market cap |
| Advance/Decline | 8/42 | Negative breadth |
| P/E Ratio | 22.67 | Valuations stable |
| P/B Ratio | 3.52 | Reasonable book value |
📊 Market Breadth Analysis
The market breadth remained extremely negative with only 8 advances against 42 declines, indicating broad-based selling pressure across sectors. The advance-decline ratio of approximately 1:5.25 reflects weak market sentiment and profit-taking across most stocks. Trading volumes increased to 3,051.43 lakh shares, suggesting active selling pressure.
Top 5 Gainers
| Symbol | LTP (₹) | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
|---|---|---|---|---|---|
| TITAN | 3,810.00 | +85.50 | +2.30% | 25.25 | 958.34 |
| BHARTIARTL | 2,110.00 | +36.00 | +1.74% | 122.63 | 2,597.75 |
| BAJFINANCE | 1,054.70 | +11.60 | +1.11% | 62.03 | 652.92 |
| M&M | 3,584.30 | +35.40 | +1.00% | 34.94 | 1,250.94 |
| HDFCLIFE | 742.80 | +6.80 | +0.92% | 23.11 | 171.77 |
Top 5 Losers
| Symbol | LTP (₹) | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
|---|---|---|---|---|---|
| POWERGRID | 278.80 | -9.20 | -3.19% | 260.99 | 730.42 |
| ETERNAL | 313.50 | -9.10 | -2.82% | 354.02 | 1,115.52 |
| ADANIENT | 2,399.90 | -67.10 | -2.72% | 20.73 | 504.35 |
| TMPV | 407.00 | -10.00 | -2.40% | 88.89 | 363.85 |
| HINDALCO | 830.85 | -16.35 | -1.93% | 46.73 | 391.05 |
🧾 Market Performance Analysis
Key Market Observations
Luxury Goods Resilience: Titan emerged as the top performer with a strong 2.30% gain, showing defensive characteristics in the luxury retail segment despite overall market weakness.
Telecom Sector Strength: Bharti Airtel gained 1.74% with high trading volume of 122.63 lakh shares, indicating institutional interest in telecom stocks as defensive plays.
Financial Services Mixed: Bajaj Finance advanced 1.11% showing relative strength in the NBFC space, while most financial stocks faced selling pressure.
Infrastructure Weakness: Power Grid Corporation declined 3.19% with high volume of 260.99 lakh shares, leading the losses in the infrastructure sector.
Volume Analysis
Bharti Airtel recorded the highest trading volume among gainers with 122.63 lakh shares and a 1.74% gain, showing strong institutional interest.
Eternal witnessed heavy selling pressure with the highest volume among losers at 354.02 lakh shares and a 2.82% decline, indicating significant profit-taking.
Power Grid saw substantial selling with 260.99 lakh shares traded, reflecting bearish sentiment in power utility stocks.
📈 Sector-wise Performance Insight
Consumer Discretionary: Titan led with strong 2.30% gain
Telecom: Bharti Airtel showed strength with 1.74% rise
Financial Services: Bajaj Finance gained 1.11%
Auto: M&M continued positive momentum with 1.00% gain
Infrastructure: Power Grid down 3.19% leading sector weakness
Metals: Hindalco declined 1.93% on global growth concerns
Adani Group: Adani Enterprises down 2.72% showing group-wide weakness
Technical Analysis & Outlook
The Nifty 50 faced significant selling pressure, declining 0.64% with weak market breadth. The index closed near the day's low at 25,597.65 after opening at 25,744.75. Technical indicators suggest the index is testing immediate support around 25,550-25,600 levels. The increased trading volume of 3,051.43 lakh shares indicates active selling pressure. The P/E ratio remains at 22.67 while P/B ratio stands at 3.52, indicating reasonable valuations despite the correction.
Market Summary: The Nifty 50 showed significant weakness with a 0.64% decline, marking a reversal from the previous session's gains. The extremely negative advance-decline ratio of 8:42 indicates broad-based selling across most sectors. Only consumer discretionary, telecom, and select financial stocks showed resilience while infrastructure, metals, and power sectors led the declines. Trading volumes increased significantly compared to the previous session, indicating active profit-taking. The index needs to hold the 25,550 support level to prevent further downside.
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