Nifty Ends Week 0.5% Higher as Bank Stocks Lead, IT Lags

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Synopsis: The Nifty 50 ended the week to 13 November 0.46% higher at 25,144.30 despite a 0.61% fall on Friday. Banks did the heavy lifting: Nifty PSU Bank rose 7.50% and Bank Nifty 3.30% over the week, while Nifty IT fell 3.17%.

The Nifty 50 closed at 25,144.30 on Friday, 13 November 2026, down 155.05 points or 0.61% on the day, according to NSE index data. Over the week it still gained 0.46% from its 6 November close of 25,030.35. Over 30 days the index is up 10.66%, from 22,622.70 on 14 October.

Banks led, IT dragged

The week belonged to lenders. Nifty PSU Bank climbed 7.50% to 9,258.60, its biggest weekly move among the main sector indices, and Bank Nifty rose 3.30% to 61,034.10, close to its 52-week high of 61,764.85. Nifty IT went the other way, falling 3.17% to 31,931.15.

Broader markets outran the benchmark. The Nifty Smallcap 100 gained 3.59% and the Nifty Midcap 100 2.12% over the week. Nifty Realty rose 2.74% and Nifty Pharma 2.13%, while Nifty FMCG and Nifty Metal were roughly flat.

Why it matters

The week was a rotation, not a broad lift-off. The Nifty barely moved, but money moved into banks and smaller companies and out of IT. Volatility also eased: India VIX fell 9.67% over the week to 15.78.

The rotation came in a week when retail inflation rose to 6.09% in October, above the RBI’s 6% upper limit, which keeps the December policy meeting in focus for rate-sensitive stocks. For the previous session’s move, see our 12 November market close.

Weekly scorecard

Nifty 50: +0.46% | Bank Nifty: +3.30% | Nifty PSU Bank: +7.50% | Nifty Smallcap 100: +3.59% | Nifty Midcap 100: +2.12% | Nifty IT: -3.17% | India VIX: -9.67%. Figures compare closes on 13 November with 6 November.

Sources

Disclaimer: This article is for information purposes only and is not investment advice.

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