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Street scales 13-month high as index heavyweights fire

Mint New Delhi

|

November 21, 2025

November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.

Street scales 13-month high as index heavyweights fire

The Nifty has now rallied 13% or 3,026 points in the fiscal year through Thursday.

(MINT)

Saurabh Mukherjea, chief investment officer and co-founder at Marcellus Investment Managers, is cautiously optimistic. Though he expects things to improve, he thinks it is too early to get carried away. The December earnings season will be the real moment of truth, especially with markets betting on a return to double-digit growth after nearly 10 dull quarters, he said. If earnings don't reflect the benefits of the GST cuts, “the mood could sour quickly,” he warned.

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Firms are increasingly using India as a cost-competitive manufacturing base and export hub

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Street scales 13-month high as index heavyweights fire

November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.

time to read

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Life of Vi: How India was able to avert a telco duopoly

But to capitalize on this potential, Vi needs capital. Large amounts of it. Vi has guided for ₹50,000-55,000 crore of capex in the near term, contingent on bank funding, which itself requires clarity on AGR.

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Lots of art and Christmas joy

A Mint guide to what's happening in and around the city

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