Nifty50 Outlook 28th November 25

 

Market Sentiment Analysis Based on Provided Open Interest Data

The data covers trading days from November 3 to November 27, 2025, focusing on Nifty 50 and Nifty Bank indices, institutional flows (FII and DII), open interest (OI) in futures and options, and cash market activities. I'll break down key trends, derive sentiments, and visualize them with charts for clarity. Sentiments are inferred from:

Index Performance: Upward closes indicate bullish momentum.

Futures OI: Negative cumulative net OI suggests building short positions (bearish pressure), but DII buying offsets FII selling.

Options OI: Fluctuating cumulative net OI (often negative) points to hedging or put protection (mildly bearish), with volatility in daily variations.

Cash Flows: FII net outflows (-₹14,443 Cr) signal caution, while DII inflows (+₹72,535 Cr) provide strong domestic support.

Overall: Mildly Bullish for the near term. Indices gained despite FII selling, driven by DII buying. Watch for FII reversal; sustained DII support could push Nifty past 26,500.

Key Trends

Nifty 50: +1.75% overall (25763 → 26215). Steady climb post-November 14, with minor dips.

Nifty Bank: +2.82% (58101 → 59737). Stronger gains, peaking on Nov 27.

Futures OI: FII continued net selling (avg. recent: -₹120,849 vs. early: -₹117,605), DII increased buying (avg. recent: +46,036 vs. early: +31,123). Cumulative futures OI net deepened to -57,165 (net shorts building, bearish tilt).

Options OI: Cumulative net swung from +99,892 to -65,876 (shift to net puts/hedging, bearish). Daily variations show high volatility, with large put unwinds on Nov 26.

Cash Market: FII outflows dominated early/mid-period, but inflows on Nov 26 (+4,778 Cr) aided recovery. DII consistently positive, averaging +3,999 Cr/day.

Visual Trends

Suggested Sentiments & Outlook

Bullish Drivers: Index uptrends + DII cash/futures buying = domestic resilience. Bank Nifty's strength suggests sector rotation into financials.

Bearish Risks: FII outflows + deepening futures shorts = potential pullback if global cues weaken. Options hedging signals caution around 25,800 support.

Short-Term (1-2 weeks): Mildly Bullish (target: Nifty 26,400). Monitor Nov 28 FII data for reversal.

Medium-Term (1 month): Neutral-to-Bullish if DII inflows persist; watch cumulative OI for unwind signals.

Market Sentiment Analysis for November 28, 2025

As of pre-market on November 28, 2025 (Indian markets open at 9:15 AM IST), the outlook remains strongly bullish for Nifty 50 and Nifty Bank, building on yesterday's gains. Gift Nifty is trading at 26,424.50 (+0.13%), signaling a positive open, while December Nifty futures are up 0.05% at 26,390 (premium of 176 points over spot). Open interest in Nifty futures has declined by 1.34%, indicating potential short covering and reduced hedging pressure. Experts anticipate Nifty pushing toward 26,500–26,600, with intermittent consolidation possible.

Key Updates from November 27 Close

Nifty 50: Closed at 26,205.30 (+1.24% from Nov 26), marking a fresh all-time high after 14 months. Momentum intact above 26,200 support.

Nifty Bank: Closed at 59,528.05 (+1.20%), extending its outperformance with buying in financials.

Institutional Flows (Nov 27 Provisional): FIIs turned net sellers (-₹1,255 Cr in cash), but DIIs absorbed with strong buying (+₹3,941 Cr), maintaining domestic support. This offsets recent FII caution, with cumulative DII inflows near ₹72,000 Cr for November.

Open Interest Trends: Cumulative futures OI net likely stable around -57,000 (from Nov 27 data), with the OI dip today suggesting bullish unwind. Options OI remains hedged (net negative), but daily variations show put unwinding.

Bullish Drivers

Global Cues: Asian markets up on Fed rate-cut optimism (90%+ odds for December); US indices hit 4-day highs pre-Thanksgiving. Dollar softening aids EM flows.

Domestic Momentum: Sector rotation into banks, metals, infra, and select large-caps (e.g., Reliance, ICICI Bank, Tata Steel). Break above 26,250 could target 27,500 by December end.

Social Sentiment (X Buzz): Latest posts highlight "strong bullish" structure—buy on dips, with focus on Nifty's upside potential. Traders eye 26,500 as next hurdle.

Risks & Outlook

Bearish Watch: FII selling if global yields rise; key support at 26,000. Volatility from US holiday thin trading.

Short-Term (Today–1 Week): Strongly Bullish—expect gap-up open, target 26,400+. Hold longs, trail stops at 26,100.

Anish Jagdish Parashar 

Indirect tax india online research 

Disclaimer: Content reflects personal views of the author and for trading and investment purposes consult with your financial advisor.