Taking Stock: Market extends gain; Nifty near 25,700, Sensex jumps 336 pts

Market Today

The Indian equity indices ended higher in the volatile session and extended the winning run for the second straight session on November 11 with Nifty closing near 25,700 amid progress on the US shutdown bill and possible trade deal between India-US.

On the back of positive global markets, the market opened higher but failed to hold on the gains and traded negative in the first half as investors remained concern over recent terror attacks. However, the buying seen in auto, metal, IT in the afternoon session erased all the intraday losses to close near day's high.

At close, the Sensex was up 335.97 points or 0.40 percent at 83,871.32, and the Nifty was up 120.6 points or 0.47 percent at 25,694.95.

Broader indices underperformed the main indices with BSE Midcap and Smallcap indices ended on flat note.

Also Read: H-1B visa curbs lift subcontracting costs for Indian IT firms; Infosys sees steepest rise

Interglobe Aviation, Bharat Electronics, Bajaj Auto, M&M and HCL Technologies were among top gainers on the Nifty, while losers were Bajaj Finance, Bajaj Finserv, ONGC, TMPV, Power Grid.

Among sectors, PSU Bank, healthcare down 0.3 each, while telecom index up 1.5%, IT index up 1%, oil & gas index up 0.7%, auto index up 1% and metal index up 0.6%.

Also Read: Insurance, NPS pump record Rs 1 lakh crore into Indian equities in 2025 so far

Index	Prices	Change	Change%
Sensex	73,319.55	185.23	+0.25%
Nifty 50	22,713.10	33.70	+0.15%
Nifty Bank	51,548.75	100.10	+0.19%

Nifty 50 22,713.10 33.70 (0.15%)

Thu, Apr 02, 2026

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
HCL Tech	1,402.20	47.80	+3.53%

Biggest Loser	Prices	Change	Change%
Eicher Motors	6,649.50	-176.00	-2.58%

Best Sector	Prices	Change	Change%
Nifty IT	30441.45	772.40	+2.60%

Worst Sector	Prices	Change	Change%
Nifty Pharma	21808.40	-203.20	-0.92%

In stock-specific action, Bajaj Finance share price slipped 7% post Q2 earnings, Vodafone Idea shares jumped 8% as Q2 losses narrow, Gokaldas Exports shares gained 5% on likely trade deal with US, Swan Defence share price added 5% on signing LoI with Rederiet Stenersen AS, Britannia Industries share price down 3% on MD, CEO resignation.

Ather Energy shares gained 7% as Q2 losses narrow, Syrma SGS Technology shares added 3% post Q2 profit rises 76%, HEG share price jumped 2% as Q2 profit rises 74%, Atul Auto shares surged more than 9% as Q2 net profit jumps 70.4%, Hindustan Copper shares gained nearly 6% after Q2 profit jumped 82%,

Also Read: Equity mutual fund inflows fall 19% MoM to Rs 24,690 crore in October: AMFI data

More than 100 stocks touched their 52-week high on the BSE, including Craftsman, Bharat Forge, BHEL, NALCO, Ashok Leyland, Hitachi Energy, M&M, Asahi India, Muthoot Finance, Can Fin Homes, IOC, Shriram Finance, Torrent Pharma, MCX India, Laurus Labs, among others. Click to View More

Outlook for November 12

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

Nifty continued to move up on Tuesday and witnessed high volatility on the day of weekly F&0 expiry and closed the day higher by 120 points. After opening on a positive note the market slipped into weakness in the early part of the session. A sharp recovery has emerged from the lows of 25450 levels and the market witnessed an excellent bounce back in the mid to later part of the session.

A long bull candle has been formed on the daily chart with long lower shadow. Technically this market action indicates continuation of upside momentum amidst high volatility.

The underlying trend of Nifty continues to be positive. Next upside targets to be watched around 26000-26100 in the next one week. Immediate support is placed at 25500.

Ajit Mishra – SVP, Research, Religare Broking

Markets witnessed a volatile session on the weekly expiry day but eventually ended in the green, extending Monday’s rebound. After an initial uptick, the Nifty drifted lower during the early hours; however, strong buying across heavyweights in the latter half lifted the index to close near the day’s high at 25,694.95. Sectorally, a mixed trend kept traders engaged—IT, auto, and metal stocks outperformed, while financials, realty, and pharma ended subdued. In the broader market, the midcap index gained over half a percent, whereas the smallcap index closed marginally lower, reflecting selective participation.

The early weakness was primarily driven by cautious global cues and continued FII selling. However, renewed buying interest in index heavyweights helped markets recover, supported by optimism following Goldman Sachs’ recent upgrade of India’s rating outlook. Additionally, some short-covering on weekly expiry further strengthened the momentum in the latter part of the session.

Technically, the Nifty has reclaimed its short-term moving average, the 20-DEMA, around the 25,600 mark. Sustaining above this level could open the door for a move toward 25,800–26,000, while any weakness below it might trigger profit-taking. Continued resilience in banking majors along with strength in IT stocks provides comfort for a potential rebound. Traders are advised to maintain a stock-specific approach, emphasizing risk management and rotational opportunities across sectors amid the prevailing volatility.

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