TODAY MARKET UPDATE 21-11-2025

TODAY MARKET UPDATE 21-11-2025 Markets worldwide are experiencing weakness on November 21, 2025, following a sell-off in US markets on Thursday. The downturn is attributed to fading hopes of a US interest rate cut, with the Dow Jones, S&P 500, and Nasdaq all closing significantly lower. Asian and Indian markets are also trading down in response. Global Market Overview US Markets: US stocks closed sharply lower on Thursday, driven by renewed tech sell-off and diminished prospects of a Fed rate cut. Asian Markets: Most Asian indices, including Japan's Nikkei 225, South Korea's KOSPI, and China's SSE Composite, are trading down. Indian Markets: The Indian benchmark indices, Sensex and Nifty, opened lower following the weak global cues. The Nifty Metal and PSU Bank sectors are among the top losers. Key Headlines and Market Movers Rate Cut Hopes Diminish: Expectations of a December rate cut by the US Federal Reserve have faded, causing a slump in global markets. Metal Stocks Under Pressure: In India, metal stocks are facing selling pressure due to a strengthening US dollar and increased imports. Shares of Hindalco, Hindustan Copper, and Jindal Stainless have all declined. Indian Market Volatility: The India VIX, which measures market volatility, is up over 12%, signaling more market uncertainty ahead. UBS Completes Buyback: Swiss bank UBS has completed its $3 billion share buyback program for 2025. Apex Frozen Foods Surges: Shares of Apex Frozen Foods surged 15% after receiving approval for its second facility in India. Groww Parent Reports Profit Rise: Billionbrains Garage Ventures, the parent company of Indian stockbroker Groww, reported a 12% rise in its second-quarter profit. JPMorgan Favors Indian Equities: JPMorgan Private Bank has shifted its focus from Chinese to Indian equities, citing India's strong domestic market and policy support Markets worldwide are experiencing weakness on November 21, 2025, following a sell-off in US markets on Thursday. The downturn is attributed to fading hopes of a US interest rate cut, with the Dow Jones, S&P 500, and Nasdaq all closing significantly lower. Asian and Indian markets are also trading down in response. Global Market Overview US Markets: US stocks closed sharply lower on Thursday, driven by renewed tech sell-off and diminished prospects of a Fed rate cut. Asian Markets: Most Asian indices, including Japan's Nikkei 225, South Korea's KOSPI, and China's SSE Composite, are trading down. Indian Markets: The Indian benchmark indices, Sensex and Nifty, opened lower following the weak global cues. The Nifty Metal and PSU Bank sectors are among the top losers. Key Headlines and Market Movers Rate Cut Hopes Diminish: Expectations of a December rate cut by the US Federal Reserve have faded, causing a slump in global markets. Metal Stocks Under Pressure: In India, metal stocks are facing selling pressure due to a strengthening US dollar and increased imports. Shares of Hindalco, Hindustan Copper, and Jindal Stainless have all declined. Indian Market Volatility: The India VIX, which measures market volatility, is up over 12%, signaling more market uncertainty ahead. UBS Completes Buyback: Swiss bank UBS has completed its $3 billion share buyback program for 2025. Apex Frozen Foods Surges: Shares of Apex Frozen Foods surged 15% after receiving approval for its second facility in India. Groww Parent Reports Profit Rise: Billionbrains Garage Ventures, the parent company of Indian stockbroker Groww, reported a 12% rise in its second-quarter profit. JPMorgan Favors Indian Equities: JPMorgan Private Bank has shifted its focus from Chinese to Indian equities, citing India's strong domestic market and policy support