Latest Stock Market News

TCS shares may be in focus after the company reported an adverse US appellate court ruling in a trade secrets case filed by CSC, now part of DXC. The court upheld $194 million in damages but vacated an injunction, allowing TCS to continue operations. The company is reviewing the verdict, exploring legal options and will make accounting provisions as required.

Indian pharmaceutical stocks, including Lupin, Shilpa Medicare, and Natco Pharma, are under scrutiny following recent USFDA inspections at their manufacturing sites. These audits yielded regulatory observations, prompting companies to address the findings. Alkem Laboratories, however, reported no critical issues from a separate Armenian health ministry audit at its Sikkim facility.

Indian equities surged on Monday, November 24, driven by strong performances in IT and bank stocks. The S&P BSE Sensex opened 88 points higher, while the NSE Nifty 50 also saw an upward trend. However, auto stocks experienced a decline at the session s start.

BSE shares have jumped 15% in the past month and now sit just 6% below their record high of Rs 3,030. The stock has rebounded nearly 50% from its late-September low as concerns over possible F&O curbs eased. After sliding sharply due to regulatory uncertainty, the exchange has staged a strong comeback, drawing renewed investor attention.

Reliance Industries is staging its strongest rally since 2020, with the stock up over 26% in 2025 and adding Rs 4.4 lakh crore in market value. Now near the Rs 21-lakh crore mark and at a fresh 52-week high, the surge is driven by rising refining margins, telecom tariff hikes, strong retail momentum and multiple value-unlocking triggers across its businesses.

HAL shares plunged after a Tejas fighter jet, manufactured by the company, crashed during a demonstration at the Dubai Air Show, resulting in the death of Wing Commander Namansh Syal.

Gold and silver prices saw a dip on Monday. A strong US dollar pressured the precious metals. International gold prices also slipped. This was due to the dollar nearing a six-month peak. Expectations of a December interest rate cut by the Federal Reserve are fading. US job growth data reinforced this view.

Four Nifty500 stocks showed strengthening momentum on 21 November as their RSI values crossed above 50 from lower levels. This shift typically signals early bullish intent and building accumulation, helping traders identify emerging opportunities in the early stages of a potential upward trend supported by improving price strength.

Adani Green Energy shares could see heightened activity as TotalEnergies considers selling up to 6% of its stake. The French energy giant aims to capitalize on the significant valuation surge since its 2021 investment, potentially realizing substantial gains from its nearly 19% holding.