Home / Business and Economy / Indian Stocks Rebound Amid IT and Finance Surge, Defying Global Slump
Indian Stocks Rebound Amid IT and Finance Surge, Defying Global Slump
11 Nov
Summary
- Nifty 50 gains 0.32%, Sensex rises 0.38% on Monday
- IT and financial stocks lead the charge, offsetting broader market volatility
- Foreign investors turn net buyers, providing additional support
On November 11, 2025, Indian equities began the week on a positive note, with benchmark indices extending gains for a second straight session amid firm global cues. The Nifty 50 added 82 points, or 0.32%, to close at 25,574.35, after oscillating between 25,503 and 25,653 through the session. The Sensex rose by 319.07 points (0.38%) to close at 83,535.35.
Sectorally, the Nifty IT index surged nearly 2% to lead the charge, with large-cap stocks such as Infosys and HCL Technologies seeing significant buying. The broader market sentiment also remained positive, as the advance-decline ratio favored advancers, indicating a healthy participation beyond the main indices. Foreign institutional investors (FIIs) also turned net buyers, providing additional support to the market.
The index found stability around the 21-day moving average, indicating that the prevailing uptrend remains intact despite recent consolidation. The broader price action suggests a healthy pullback within an ongoing bullish phase, with buyers gradually regaining control after last week's corrective move. Momentum indicators are showing early signs of improvement, with the RSI turning upward from neutral territory and the MACD narrowing its bearish crossover.
