Market mood remained largely steady, aided by favourable signals around trade negotiations. As Bajaj Broking Research noted: “Indian markets ended virtually flat on November 28, with the Nifty hovering close to the 26,200 level. Sentiment improved following constructive progress in India–US trade negotiations. With Q2 GDP and IIP data due shortly, the overall outlook remains upbeat, and the upcoming prints are expected to validate the strengthening macro environment. By the close, the Sensex slipped 13.71 points or 0.02 per cent to 85,706.67, while the Nifty eased 12.60 points or 0.05 per cent to 26,202.95. Midcap and small-cap indices also wrapped up the session on a muted note. Sector-wise, pharma, media, and auto advanced 0.5–1 per cent, while power, oil & gas, and telecom registered declines of 0.5–0.7 per cent.”
