Indian stock markets witnessed a robust rally today, November 12, 2025, with both the Sensex and Nifty indices climbing significantly. The S&P BSE Sensex jumped 663.63 points to reach 84,534.95, while the NSE Nifty50 soared 196.25 points to 25,891.20 as of 11:38 am. This surge follows a period of relatively sluggish trading, with investors displaying renewed confidence and returning to buying amid easing global concerns and an improved appetite for risk.
Several key factors appear to be driving this positive momentum in the Indian stock market.
Global Cues and Trade Optimism: Positive cues from global markets and increasing optimism surrounding trade negotiations between India and the United States have significantly boosted investor sentiment. Comments from U.S. President Donald Trump indicating that Washington and New Delhi are close to finalizing a trade deal have particularly buoyed export-oriented sectors, helping to offset some global uncertainty.
Sectoral Gains: The rally was broad-based, with notable gains in IT, energy, and banking stocks. The Nifty IT index led the market, surging nearly 2% during the session. Tech Mahindra, LTIMindtree, and Mphasis were among the top gainers in the IT sector, while major players like TCS, Infosys, HCLTech, and Wipro also traded positively, fueled by expectations of strong global demand and easing recession fears in the U.S. The Nifty Auto, Financial Services, and Pharma indices also saw considerable gains, rising up to 1%.
Technical Analysis and Market Sentiment: Technical analysis of the Nifty 50 chart reveals a bullish candle formation with a long lower shadow, suggesting strong buying interest at lower levels. This indicates a positive shift in market sentiment. According to Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking, overall sentiment remains cautiously optimistic, with a sustained close above 25,800 expected to reinforce bullish momentum in the near term.
FII Activity and GDP Growth: Despite the positive sentiment, some analysts remain cautious about sustained foreign fund inflows. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Ltd., noted that FIIs are likely to sell again at higher levels, and a sustained reversal of FII money appears unlikely. However, he also pointed out that there is room for optimism from a fundamental perspective, given India's robust GDP growth and earnings growth.
Other Contributing Factors: Exit poll predictions indicating a comfortable majority for the ruling coalition in Bihar have also boosted market sentiment, reflecting continued confidence in political stability at the Centre.
In summary, the Indian stock market is currently experiencing a strong rally driven by a combination of positive global cues, optimism surrounding trade deals, strong sectoral performance, and improving investor sentiment. While some caution remains regarding sustained foreign fund inflows, the overall outlook appears positive, with analysts suggesting that the market is likely to maintain its upward trajectory in the near term.
