Mumbai, November 11, 2026 (Yes Punjab News)
Indian equity markets closed higher on Wednesday, with lower energy prices and improved foreign investor sentiment supporting buying across banking, automobile and PSU bank stocks.
The Sensex surged 772.75 points, or 0.95 per cent, to settle at 81,879.40, while the Nifty climbed 210.40 points, or 0.84 per cent, to close at 25,255.05. Both indices pared some of their intraday gains before the closing bell.
Among Nifty constituents, Mahindra & Mahindra, InterGlobe Aviation and Trent were the top gainers. The broader market also remained firm, with the Nifty SmallCap 100 rising 1.59 per cent and the Nifty MidCap 100 gaining 0.81 per cent.
Sectorally, the Nifty PSU Bank index led the rally with a gain of nearly 3 per cent. The Nifty Bank, Nifty Private Bank and Nifty Auto indices also outperformed. In contrast, the Nifty IT and Nifty Healthcare indices lagged amid selective profit-booking and a shift towards domestic cyclical stocks.
On the technical outlook, market experts said the Nifty’s immediate resistance lies in the 25,400–25,500 range, with a sustained breakout above this zone potentially strengthening upward momentum. The immediate support levels are seen at 25,200–25,100, followed by crucial support near 24,800.
Experts attributed the rally to easing energy prices and improved risk appetite following a moderation in foreign fund outflows. They said upcoming October inflation data from India and US Producer Price Index figures would be important in shaping expectations about domestic prices and global interest rates.
Sustained foreign institutional investor inflows, corporate earnings momentum and stable crude oil prices are expected to remain key factors for the market. Meanwhile, the rupee strengthened against the US dollar, supported by foreign inflows, although elevated US interest-rate expectations remained a potential risk.
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