Trade setup for Nifty 50 to Nvidia earnings; 8 stocks to buy on Thursday 20 November 2025

By Admin

20 Nov, 2025

The Indian stock market continued its positive momentum on Wednesday, 19 November 2025, backed by strength in heavyweight IT and banking stocks. With global macroeconomic data in focus and anticipation around the India–US trade deal, analysts expect a cautious yet upward bias in the coming sessions. Alongside domestic cues, global tech sentiment received a major boost as Nvidia reported exceptional quarterly earnings, lifting overall risk appetite.

Amid this backdrop, market experts have recommended eight stocks to buy on Thursday. Here’s the full trade setup for 20 November 2025.

Market Snapshot: 19 November 2025

The benchmark indices extended their upward movement despite mixed global cues:

• Nifty 50 closed 0.55% higher at 26,052.65, up from 25,910.05 in the previous session.
  
  

• BSE Sensex ended 0.61% higher at 85,186.47, up from 84,673.02.
  
  

• The overall market capitalisation of BSE-listed companies jumped to ₹475.6 trillion, adding ₹1 trillion in a single session.
  
  

Trade Setup: Cautious Optimism Continues

Siddhartha Khemka, Head of Research (Wealth Management), Motilal Oswal Financial Services, said:

“Nifty 50 ended on a positive note, rising 143 points, supported by optimism around the ongoing India–US trade deal discussions.”

Khemka noted that expectations of favourable progress in the negotiations supported export-driven sectors, while the broader market remained neutral.

He added that global data releases will dictate the market tone:

• U.K. and European CPI data are due today
  
  

• U.S. jobs data to be released tomorrow
  
  

Overall, the market is expected to witness a gradual up-move with a cautious undertone as investors await the conclusion of the first phase of the India–US trade deal.

Global Cue: Nvidia Delivers Blockbuster Results

Nvidia posted record-breaking numbers in Q3:

• Revenue: $57 billion   up 22% QoQ and 62% YoY
  
  

• Net Income: $31.91 billion   up 65% YoY
  
  

• Q4 Sales Forecast: $65 billion, beating analyst estimates of $62 billion
  
  

• Nvidia shares rose 4% post-announcement
  
  

This strong performance is expected to support global tech sentiment and risk appetite going into Thursday’s trade.

Top 8 Stocks to Buy Today (20 November 2025)

Recommendations include picks from Choice Broking, Anand Rathi, and Prabhudas Lilladher.

1. PB Fintech (POLICYBZR)

Buy at: ₹1,850
Target: ₹1,990
Stop Loss: ₹1,785
Analyst: Sumeet Bagadia, Choice Broking

PB Fintech surged strongly, closing near its day's high with robust buying momentum. The stock has broken above the 1,830–1,840 supply zone, supported by strong volumes. Key EMAs are aligned bullishly with higher lows reinforcing the trend. Any dip toward 1,830–1,820 can be viewed as a buying opportunity.

2. Cigniti Technologies (CIGNITITEC)

Buy at: ₹1,793
Target: ₹1,919
Stop Loss: ₹1,725
Analyst: Sumeet Bagadia

Cigniti posted a strong bullish breakout above 1,760–1,780, backed by heavy volumes. The stock trades above all major EMAs, forming higher highs and higher lows. Momentum indicators reflect further upside potential with key support between 1,720–1,680.

3. Cyient (CYIENT)

Buy at: ₹1,152
Target: ₹1,200
Stop Loss: ₹1,120
Analyst: Ganesh Dongre, Anand Rathi

A bullish reversal pattern indicates a potential move toward ₹1,200. The stock is holding strong support at ₹1,120, providing a favourable risk-reward entry at current levels.

4. Bajaj Finance (BAJFINANCE)

Buy at: ₹1,005
Target: ₹1,050
Stop Loss: ₹990
Analyst: Ganesh Dongre

Bajaj Finance has shown a reversal near its major support of ₹990. With positive price action signalling momentum, the stock may retest its next resistance at ₹1,050.

5. Astral (ASTRAL)

Buy at: ₹1,440
Target: ₹1,500
Stop Loss: ₹1,420
Analyst: Ganesh Dongre

Astral is forming a bullish reversal pattern, supported by buying interest around ₹1,420. The stock may rebound toward ₹1,500 in the short term.

6. Sona BLW Precision Forgings (SONACOMS)

Buy at: ₹506.95
Target: ₹530
Stop Loss: ₹495
Analyst: Shiju Kuthupalakkal, Prabhudas Lilladher

After consolidating above its 200-day moving average near 477, the stock has broken above the ₹500 resistance. Strong RSI suggests continuation of the upward trend.

7. Samvardhana Motherson International (MOTHERSON)

Buy at: ₹112
Target: ₹120
Stop Loss: ₹109
Analyst: Shiju Kuthupalakkal

The stock has bounced from its key support zone of ₹102 and moved above the 50EMA at ₹105. Improving RSI and bullish candlestick formation show strong momentum ahead.

8. Bharat Forge (BHARATFORG)

Buy at: ₹1,446
Target: ₹1,510
Stop Loss: ₹1,415
Analyst: Shiju Kuthupalakkal

Bharat Forge continues to form higher bottoms, signalling a rising trend. A bullish breakout above 1,415 strengthens the bias. RSI indicates further upside potential.

Conclusion

The domestic market is navigating a phase of steady global cues, trade deal expectations, and strong international tech sentiment driven by Nvidia’s impressive results. With the Nifty 50 showing resilience and expert-recommended stock picks presenting attractive setups, traders may find selective opportunities in today’s session.

Disclaimer

This story is for educational purposes only. The views and recommendations mentioned above are those of individual analysts and broking firms, not Mint. Investors are advised to consult certified financial experts before taking investment decisions.