Skip to content
Research Periodic Report HAL Drops After Tejas Crash, Natco Pharma Falls on USFDA Observations, IndiGo Rises on Sensex Addition

HAL Drops After Tejas Crash, Natco Pharma Falls on USFDA Observations, IndiGo Rises on Sensex Addition

Written by - Fisdom Research

November 24, 2025 2 minutes

Market Snapshot

  • Domestic equities began the week on a subdued note as benchmark indices, Nifty 50 and Sensex, slipped in the final hour of Friday’s session (November 24).
  • Market sentiment remained weak across the board, with most sectoral indices ending in the red.
  • Nifty Realty led the decline, shedding over 2 percent amid broad-based selling pressure.
  • Other sectors such as Metals, Consumer Durables, Oil & Gas, Healthcare, FMCG, and Media also faced notable losses.
  • Financials, Private Banks, and Pharma stocks witnessed mild declines, while PSU Banks managed to close largely unchanged.
  • The IT pack stood out as the only gainer, lending limited support to the otherwise lackluster market mood.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY IT 0.4 NIFTY PHARMA -0.4
NIFTY PSU BANK -0.2 NIFTY MEDIA -0.5
NIFTY PRIVATE BANK -0.2 NIFTY HEALTHCARE INDEX -0.5
NIFTY AUTO -0.4 NIFTY FMCG -0.7

Top News

  • HAL shares tumbled nearly 9% in early trade after a Tejas fighter jet crash at the Dubai Air Show led to an IAF officer’s death, before paring losses to close over 3% lower; broader defence stocks also declined, dragging the Nifty Defence index down 2.5%.
  • Natco Pharma slipped over 1% after its Chennai API facility received seven observations from the USFDA following an inspection concluded on November 21.
  • InterGlobe Aviation (IndiGo) gained around 2% as BSE announced its inclusion in the Sensex from December 22, replacing Tata Motors Passenger Vehicles.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
SBILIFE 2.6 BEL -3.2
TECHM 2.4 JSWSTEEL -2.4
EICHERMOT 1.6 MAXHEALTH -2.4
Please visit www.fisdom.com for a standard disclaimer

Download one of India's best wealth management apps

Join more than one million investors and take control of your wealth

Download app