India's benchmark equity indices, the BSE Sensex and NSE Nifty, saw a nearly 1% increase on November 29. The Sensex closed at 79,803, up 759 points, while the Nifty rose 217 points to 24,131. This upward movement was driven by gains in key sectors such as pharma, auto, and IT stocks, as well as broad-based buying in large-cap shares.

However, there are concerns about a slowdown in GDP growth, as India's GDP fell to 5.4% in Q2 FY25, the slowest pace in seven quarters. This is below the median forecast of 6.5% from a Moneycontrol poll of economists and down from 6.7% in the previous quarter. There is speculation about a potential interest rate cut by the Reserve Bank of India to stimulate economic growth.

Market breadth was positive, with 2,254 shares advancing, 1,547 declining, and 92 remaining unchanged.