Overview
- India’s benchmarks closed higher on November 10, with the Sensex up 319.07 points to 83,535.35 and the Nifty up 82.05 points to 25,574.35, snapping a three-session decline.
- IT shares led the advance, lifting the Nifty IT index nearly 2% as Infosys and HCL Tech outperformed alongside gains in select autos and financials.
- Global risk appetite improved after Asian markets rallied on signs Washington is nearing a deal to reopen the US government, helping stabilize domestic sentiment.
- Provisional NSE data showed foreign investors turned net buyers on Friday to the tune of about Rs 4,581 crore, while a Goldman Sachs upgrade of India to Overweight added support.
- Analysts flagged near-term consolidation risks, citing Nifty support around 25,300–25,400 and resistance near 25,600–25,700, with traders watching earnings, foreign flows and high-profile IPO activity including Lenskart’s debut.