Big Surge on Dalal Street: Paytm, JSW Steel, CDSL Among Top Gainers in Mixed Session

The Indian market witnessed a day of mixed sentiment on November 26, with sharp movement across key index constituents, mid-cap names, and high-beta counters. Several stocks posted strong gains driven by volume spikes, sector rotation, and momentum buying, while some others faced selling pressure due to profit-booking, weak earnings sentiment, and valuation concerns.


Top Gainers of the Day

Reliance Power

Reliance Power surged sharply as traders accumulated positions amid improving outlook in select energy counters and renewed interest in turnaround plays. Strong volume participation supported the rally.

GMDC (Gujarat Mineral Development Corporation)

GMDC advanced on the back of firm commodity cues and optimism around mining and mineral demand. The stock has been gaining traction as metal-related sentiment improves.

MCX (Multi Commodity Exchange)

MCX extended gains due to derivatives volume expansion, regulatory clarity developments, and continued optimism in commodity trading activity.

Paytm

The stock saw upside momentum driven by bargain buying and expectations around operational improvement in its payments and financial services ecosystem.

JSW Steel

Steel prices and global cues aided buying interest in JSW Steel, with traders positioning for strength in the metals segment as demand signals firm up.

CDSL (Central Depository Services)

CDSL rose as investor participation in equity markets remains strong, supporting DP account growth and transaction revenue outlook.

Tata Power

Tata Power gained amid sustained interest in renewable energy, distribution reforms, and improving sectoral visibility.


Top Losers of the Day

On the other side, select financials, consumer names, IT midcaps, and overextended stocks witnessed selling pressure as traders opted to book profits following recent rallies. Valuation concerns and weak intraday sentiment contributed to declines in select pockets.


Market Drivers Behind the Moves

Profit-booking in higher-valuation segments

After recent rallies, several stocks saw natural cooling.

Sector rotation

Energy, metals, and infrastructure themes attracted fresh buying, while defensives lagged.

Global cues

Mixed overseas signals kept sentiment cautious.

Derivative positioning

Rollovers and expiry-related adjustments influenced intraday swings.


What Traders Should Monitor Next

  • FPI and DII flow trends
  • Commodity price direction
  • Rupee movement
  • Sector rotation strength
  • Volatility ahead of data releases

In a market environment where leadership keeps shifting between sectors and momentum rotates quickly, traders and investors often rely on structured insights such as best stock advisory guidance, best intraday tips, best equity advisory research, best trading insights, and best portfolio advisory strategies to navigate opportunities and avoid high-risk traps. Many market participants prefer expert-supported analytical clarity from EQWIRES to make better-informed decisions during volatile phases like this.


Market Outlook

Analysts expect continued stock-specific movement with heightened focus on earnings direction, macro commentary, and global market behaviour. Broader sentiment may remain range-bound, but selective opportunities are likely to continue in high-volume and sector-favoured counters.

Eqwires Research Analyst

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