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  1. SENSEX, NIFTY50 rangebound; M&M, KSB, Paytm, GAIL, Sudeep Pharma among buzzing stocks

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SENSEX, NIFTY50 rangebound; M&M, KSB, Paytm, GAIL, Sudeep Pharma among buzzing stocks

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5 min read | Updated on November 28, 2025, 12:31 IST

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SUMMARY

Mahindra & Mahindra was top gainer in the NIFTY50 index, the stock rose as much as 2.38% to hit an intraday high of ₹3,768.90 on the National Stock Exchange a day after it launched electric 7-seater sports utility vehicle (SUV) XEV 9S.

Markets

The SENSEX traded in a band of 392 points and NIFTY50 index touched an intraday high of 26,281 and a low of 26,172. Image: Shutterstock

The Indian equity benchmarks were trading in a narrow range in noon deals on Friday, November 28, as gains in Mahindra & Mahindra, Reliance Industries, State Bank of India, Kotak Mahindra Bank and Adani Ports were offset with losses in ICICI Bank, Bharti Airtel, Axis Bank, Infosys and Power Grid. The SENSEX was trading in a band of 392 points and NIFTY50 index touched an intraday high of 26,281 and a low of 26,172.

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As of 12:10 pm, the SENSEX was up 89 points at 85,809 and NIFTY50 index advanced 19 points to 26,234.

Here are buzzing stocks in Friday's session:
Mahindra & Mahindra: Shares of the country's largest utility and farm equipment maker rose as much as 2.38% to hit an intraday high of ₹3,768.90 on the National Stock Exchange a day after it launched electric 7-seater sports utility vehicle (SUV) XEV 9S.

Global investment bank Nomura maintained its positive stance on Mahindra & Mahindra. It said that Mahindra & Mahindra launched its much-anticipated 7-seater electric SUV, the XEV 9S surprising the market with an active introductory price of ₹19.95 lakh. The pricing comes in significantly lower than earlier expectations of ₹23–31 lakh, positioning the model as a highly competitive offering in India’s premium EV segment, Nomura added.

Built on M&M’s advanced INGLO platform, the XEV 9S is powered by the company’s intelligent MAIA technology suite, which enhances performance, connectivity, safety and user experience. The SUV packs a range of premium features, targeting both urban families and long-distance EV buyers looking for a spacious 7-seater alternative.

One97 Communications: Shares of the parent of Paytm rose as much as 3.34% to hit a high of ₹1,336.40 apiece in the morning trade on Friday, November 28, following a positive research note by Goldman Sachs.
Goldman Sachs, as per news reports, said that the company's EBITDA margin will more than double over the next 3-4 years and that Paytm’s cost control has been a big positive surprise.
KSB: Shares of KSB jumped as much as 6% to hit an intraday high of ₹786 amid higher than usual trading volumes.

Trading volume in KSB shares jumped by 24 times to 18.24 lakh shares compared with an average trading volume of 75,842 shares.

As many as 87,000 shares changed hands on the BSE compared with an average of 3,813 shares traded daily in the past two weeks.

GAIL: Shares of GAIL (India) fell as much as much as 6.3% to ₹172.22 after Petroleum and Natural Gas Regulatory Board (PNGRB) approved an increase in pipeline tariff to ₹65.69 from ₹58.60/MMBtu. However, it is less than what GAIL had requested – ₹78/MMBtu.

The new tariff, as per reports, will be effective January 1, 2026, against the company's request for January 1, 2025. The next tariff review will be done on April 1, 2028.

Whirlpool India: Shares of the consumer electrical goods maker rose as much as 1.42% to hit an intraday high of ₹ 1,078.90 a day after Whirlpool Mauritius, its promoter entity, divested an 11.23% stake in the home appliances maker for ₹1,489 crore through an open market transaction.

The development came after American home appliances major Whirlpool Corporation in January this year announced plans to trim its stake in its Indian arm, Whirlpool of India Ltd, to approximately 20% by mid- to late 2025.

According to the bulk deal data available with the BSE, Whirlpool Mauritius Ltd offloaded more than 1.42 crore shares, representing an 11.23% stake in Whirlpool's Indian arm.

The shares were disposed of at an average price of ₹1,044.97 apiece, taking the deal value to ₹1,489.60 crore.

Sudeep Pharma: Shares of Sudeep Pharma made a strong debut on the stock exchanges on Friday. The stock listed at ₹730 per unit on the NSE, reflecting a premium of 23.10% over the IPO issue price of ₹593 per share. At 11:13 am, it was up 8.53% to ₹792.30.

On the BSE, the scrip started trading at ₹733.95, up 23.77% from the IPO issue price.

Bandhan Bank: Shares of the private sector lender rose over 1% after the bank's board approved the sale of identified non-performing assets and written-off loan portfolios worth over ₹6,900 crore through a bidding and auction process.

In a regulatory filing, the bank said the proposal was cleared at its board meeting held during the day.

The bank will invite bids under the Swiss Challenge method for the sale of NPA portfolios with more than 180 days past due, carrying a principal outstanding of ₹3,212.17 crore as of September 30, 2025, according to the filing.

It will separately go for the auction route to sell its written-off loan portfolio, which has a principal outstanding of ₹3,719.14 crore as of the same date.

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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