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

Market Performance - Benchmark stock indices Sensex and Nifty rebounded on November 10, 2025, after three consecutive days of losses, driven by buying in IT and financial shares and a rally in global markets [1][2] - The BSE Sensex increased by 319.07 points, or 0.38%, closing at 83,535.35, with an intraday high of 83,754.49, reflecting a rise of 538.21 points, or 0.64% [1] - The NSE Nifty rose by 82.05 points, or 0.32%, settling at 25,574.35, reaching an intraday high of 25,653.45, which was an increase of 161.15 points, or 0.63% [2] Sector Performance - Among the Sensex firms, notable gainers included Infosys, HCL Technologies, Bajaj Finance, Asian Paints, Tata Motors Passenger Vehicles, Tata Consultancy Services, Bharti Airtel, Titan, Bajaj Finserv, Reliance Industries, and Larsen & Toubro [2] - Conversely, laggards included Trent Ltd, Eternal, Power Grid, UltraTech Cement, Mahindra & Mahindra, Axis Bank, State Bank of India, Adani Ports, Hindustan Unilever, and NTPC [3] Market Sentiment - The potential resolution of the U.S. government shutdown and renewed Foreign Institutional Investor (FII) buying, supported by a favorable Q2 earnings season, contributed to positive market sentiment [4] - Strengthening domestic macroeconomic indicators are expected to lead to upward revisions in earnings estimates for H2FY26, reinforcing current valuations and attracting incremental liquidity [5] Global Market Influence - Asian markets showed positive performance, with South Korea's Kospi up 3.02%, Hong Kong's Hang Seng rising 1.55%, Japan's Nikkei 225 increasing by 1.33%, and Shanghai's Composite Index finishing 0.53% higher [5] - European markets were mostly trading higher, and U.S. markets ended largely higher on November 7, 2025 [6] Institutional Investment - On November 7, 2025, Foreign Institutional Investors (FIIs) purchased equities worth ₹4,581.34 crore, while Domestic Institutional Investors acquired stocks worth ₹6,674.77 crore, indicating strong domestic buying interest [6]