Nifty ended the week with modest gains and a fresh record high, but broader market participation remained weak as the Nifty 500 continued to trail its peak. With the index testing a key resistance zone near 26,300, traders may adopt a cautious, stock-specific approach amid subdued volatility and mixed sectoral trends.
FIIs remain net sellers in November with Rs 3,765 crore outflows till November 29, but improving macros and record-high markets may trigger a shift in their strategy. Analysts say strong GDP data, robust earnings, and revived sentiment could halt sustained selling and potentially draw FIIs back as buyers.
Silver, after consolidating between $46$54, shows signs of a potential breakout. Analysts note a cup-and-handle formation, suggesting upside of $8$9 from current levels. Sustained gains above $54 could trigger the next rally, supported by higher highs, higher lows, and strong buying pressure near $46.
Seven top-performing equity mutual funds, including Bandhan Small Cap and HDFC Mid Cap, have delivered over 25% CAGR across three- and five-year periods, making them standout long-term performers.
Consumer demand is strengthening ahead of the festive and wedding season, with improving trends across jewellery, liquor, paints, and select FMCG categories. Titan and Hindustan Unilever remain top picks as brand momentum, premiumisation, and recovering rural sentiment drive growth. Analysts expect a stronger second half as consumption normalises and margins stabilise.
