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  1. SENSEX, NIFTY50 extend gains; SBI, Bharti Airtel, Excelsoft Technologies among buzzing stocks

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SENSEX, NIFTY50 extend gains; SBI, Bharti Airtel, Excelsoft Technologies among buzzing stocks

Upstox

4 min read | Updated on November 26, 2025, 12:42 IST

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SUMMARY

Shares of the country's largest lender rose for second straight session and climbed as much as 1.56% in intraday deals to hit a record high of ₹999 mirroring gains in other banking shares as NIFTY Bank index surged to record high.

Foreign institutional investors sold shares worth ₹4,172 crore on Monday. Image: Shutterstock

Shares of Excelsoft Technologies made a strong debut on the stock exchanges on Wednesday. Image: Shutterstock

The Indian equity benchmarks extended gains in noon deals on Wednesday, November 26, on the back of a broad-based buying interest amid strong cues from global markets. The SENSEX rose as much as 878 points and NIFTY50 index touched an intraday high of 26,161 powered by surge in Reliance Industries, State Bank of India, Larsen & Toubro, Axis Bank, Bajaj Finance and HDFC Bank.

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As of 12:16 pm, the SENSEX was up 848 points at 85,435 and NIFTY50 index advanced 274 points to 26,158.

Here are buzzing stocks in Wednesday's session:
State Bank of India: Shares of the country's largest lender rose for second straight session and climbed as much as 1.56% in intraday deals to hit a record high of ₹999 mirroring gains in other banking shares as NIFTY Bank index surged to record high.

The measure of 12 banking stocks on the National Stock Exchange - NIFTY Bank index - surged as much as 695 points or 1.18% to hit fresh record high of 59,515.

The measure of state-run lenders outperformed their NIFTY Bank peers as NIFTY PSU Bank index advanced 179 points or 2.11% to an all-time high of 8,665.70.

Excelsoft Technologies: Shares of Excelsoft Technologies, a global vertical SaaS company, made a strong debut on the stock exchanges on Wednesday, November 26.
The stock listed at ₹135 apiece on the National Stock Exchange (NSE) and the BSE. This reflects a premium of 12.5% over the IPO issue price of ₹120.
Bharti Airtel: Shares of the country's second largest telecom operator declined as much as 1.55% after report suggested that Indian Continent Investment Ltd (ICIL), a promoter entity of the Sunil Bharti Mittal family office, will sell 3.43 crore equity shares, or a 0.56% stake, in the telecom major for about ₹7,190 crore ($806 million) on Wednesday.

The company will sell shares through one or more share sales on the stock exchanges at a floor price of ₹2,096.70 per share, a 3% discount to Bharti Airtel's closing price of ₹2,161.60 apiece on the NSE on Tuesday, according to a term sheet seen by PTI.

Titagarh Rail: Shares of Titagarh Rail Systems were trading over 1% higher at ₹845.95 as the company is planning to foray into the wagon leasing business, aiming to capture a larger share of the private sector market by offering long-term lease models.

The company has progressed in securing the licence for this strategic business venture and is evaluating how to structure it, the company's top official said in an interview with PTI.

It will be executed either through the company's own balance sheet or through a special purpose vehicle (SPV).

"We are evaluating whether to carry out leasing business from the company itself or through an SPV. Since wagon leasing will be categorised as operating leasing and not a financial one, an NBFC (Non-Banking Financial Company) licence is not a necessity," Titagarh Rail Systems Vice Chairman and Managing Director Umesh Chowdhary told PTI.

Adani Enterprises: The stock rose 0.3% to ₹2,339 after it launched subscriptions for one of India's largest rights issues, offering shares at ₹1,800 apiece, a discount of roughly 24% to the approval date price.

The total size of the issue (assuming full uptake) is ₹24,930.30 crore through the issuance of over 13.85 crore new shares, according to the company's rights issue filing.

The issue closes on December 10.

JK Lakshmi Cement: Shares of the cement maker declined as much as 1.47% after the company on Tuesday said it plans to invest ₹1,816 crore to augment manufacturing operations in Chhattisgarh.

The company plans to increase its clinker production capacity by 2.31 million tonnes per annum (MTPA) and cement grinding capacity by 1.2 MTPA, supported by a proposed investment of ₹1,816 crore.

The MoU for the proposed investment was formally signed during the Chhattisgarh Investor Connect event held on Tuesday in New Delhi, in the presence of Chief Minister Vishnu Deo Sai.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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