Categories: Business

Stock markets snap three-day decline on buying in IT stocks; Sensex jumps 319 points


This image is used for representational purposes only.
| Photo Credit: Getty Images/iStockphoto

Benchmark stock indices Sensex and Nifty bounced back on Monday (November 10, 2025) after three straight days of losses following buying in IT and financial shares and a rally in global peers.

The 30-share BSE Sensex benchmark climbed 319.07 points, or 0.38%, to close at 83,535.35. In the intraday session, the index rallied 538.21 points, or 0.64%, to hit a high of 83,754.49.

The NSE Nifty advanced 82.05 points, or 0.32%, to settle at 25,574.35. During the day, it climbed 161.15 points, or 0.63%, to hit an intraday high of 25,653.45.

Among the Sensex firms, Infosys, HCL Technologies, Bajaj Finance, Asian Paints, Tata Motors Passenger Vehicles, Tata Consultancy Services, Bharti Airtel, Titan, Bajaj Finserv, Reliance Industries and Larsen & Toubro were the gainers.

Trent Ltd, Eternal, Power Grid, UltraTech Cement, Mahindra & Mahindra, Axis Bank, State Bank of India, Adani Ports, Hindustan Unilever, and NTPC were the laggards.

“The potential resolution of the U.S. government shutdown, coupled with renewed FII buying driven by a favourable Q2 earnings season, supported a positive sentiment in the market. The rise in the U.S. 10-year Treasury yield reflects improving risk sentiment toward equities with the reopening of the federal government,” Vinod Nair, Head of Research, Geojit Investments, said.

Domestically, strengthening macroeconomic indicators are expected to underpin upward revisions in earnings estimates for H2FY26. This reinforces the current valuations and is likely to attract incremental liquidity, Mr. Nair added.

In Asian markets, South Korea’s Kospi closed 3.02% higher, Hong Kong’s Hang Seng rose 1.55%, Japan’s Nikkei 225 index went up 1.33%, and Shanghai’s Composite Index finished 0.53%.

Markets in Europe were trading mostly higher. The U.S. markets ended largely higher on Friday (November 7, 2025).

Foreign Institutional Investors (FIIs) bought equities worth ₹4,581.34 crore on Friday (November 7, 2025), while Domestic Institutional Investors outnumbered the FIIs by acquiring the stocks worth ₹6,674.77 crore, according to the exchange data.

On Friday (November 7, 2025), the 30-share BSE Sensex declined 94.73 points to settle at 83,216.28. The 50-share NSE Nifty dipped 17.40 points to 25,492.30.



Source link

admin

Share
Published by
admin

Recent Posts

DJI ban: how the world’s biggest dronemaker is getting shoved out of the US

December 23rd, 2025. That’s the day DJI will automatically be banned from the United States…

5 minutes ago

SC: Will frame rules, menstrual shaming must end, period. | India News

NEW DELHI: Taking cognisance of a recent incident of three women sanitation workers of Maharshi…

7 minutes ago

SC: Will frame rules, menstrual shaming must end, period. | India News

NEW DELHI: Taking cognisance of a recent incident of three women sanitation workers of Maharshi…

7 minutes ago

‘War crimes’: Deadly Israeli raids on Syria sparks outrage | Conflict

NewsFeedIsrael has carried out its deadliest incursion into southern Syria since the fall of President…

25 minutes ago

Report on rescued bonded labourers flags rehabilitation failures

The report said that 63% of workers rescued after 2016 did not receive even the…

29 minutes ago

Report on rescued bonded labourers flags rehabilitation failures

The report said that 63% of workers rescued after 2016 did not receive even the…

29 minutes ago