Indian equity markets opened on a positive note as the S&P BSE Sensex rose approximately 160 points to reach about 83,376.62 and the Nifty 50 climbed to around 25,545.45, reclaiming the 25,500 mark.
This uptick was primarily driven by improved global sentiment, as markets responded to signs of a possible resolution to the U.S. government shutdown and expectations of a strong upcoming corporate earnings season. Asian peers advanced—thanks in part to gains in U.S. futures—while domestic investors followed the trend.
On the sector level, companies such as Asian Paints, Infosys, Titan Company, Reliance Industries, Tata Motors (Passenger Vehicles), and Bharat Electronics led the gains, each rising roughly 1.5-2 %.
Institutional flows supported the rally: on November 7, foreign institutional investors (FIIs) were net buyers of equities worth approximately Rs 4,581 crore, while domestic institutional investors (DIIs) added around Rs 6,675 crore.
In summary, the market’s recovery today reflects a mix of global reopening hopes, positive earnings sentiment, and renewed institutional buying.
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