India’s stock market continued its upward momentum on Thursday, with benchmark indices touching fresh all-time highs driven by strong global cues. The Nifty 50 surged to a record 26,310.45, while the Sensex hit a new peak of 86,055.86. The Bank Nifty also touched a historic high of 59,866.60, marking its second consecutive session of new records.
Sector-wise, the Media index gained 0.60%, while Realty, Oil, and Gas sectors saw declines of around 0.70%.
Market Outlook — Nifty and Bank Nifty
Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said the overall market sentiment remains bullish. With Nifty breaking its previous high of 26,277, she believes the index is well-positioned to test 26,500 soon, followed by 27,200 in the near term.
She highlighted 25,750–25,800 as the crucial support zone that must hold during any profit booking.
On the Bank Nifty, Parekh noted strong momentum fueled by heavyweight banking stocks such as ICICI Bank, HDFC Bank, Kotak Bank, and Axis Bank. She expects the index to target 61,400 and 63,500, with immediate support at 58,600.
She added:
- Nifty immediate support: 26,100
- Nifty resistance: 26,400
- Bank Nifty range: 59,300–60,400
Vaishali Parekh’s Intraday Stock Picks (28 November 2025)
The analyst recommended the following three stocks to buy for intraday trading:
- Belrise Industries — Buy @ ₹164
- Target: ₹174
- Stop Loss: ₹160
- Diamond Power Infrastructure — Buy @ ₹141
- Target: ₹148
- Stop Loss: ₹137
- GNA Axles — Buy @ ₹320
- Target: ₹335
- Stop Loss: ₹315
She stressed that these recommendations are based on intraday technical patterns and short-term momentum.
Disclaimer: These recommendations are from analysts and brokerage experts, not investment advice. Investors should consult certified financial advisors before making trading decisions.
Originally published on 24×7-news.com.
