Indian stock markets are expected to open positively on Tuesday, November 11, 2025, buoyed by strong global cues, renewed foreign institutional investor (FII) inflows, and easing concerns about a potential U.S. government shutdown.
Market Performance on November 10, 2025
On Monday, November 10, the Indian equity markets rebounded sharply after a three-day losing streak. The Sensex gained 319.07 points, or 0.38%, to close at 83,535.35, while the Nifty 50 added 82.05 points, or 0.32%, to end at 25,574.35.
Factors Influencing Market Sentiment
- Global Cues: Strong momentum across European markets and positive cues from the U.S. markets are likely to support Indian equities.
- FII Inflows: Sentiment improved as foreign institutional investors (FIIs) turned net buyers after six consecutive sessions of selling.
- U.S. Government Shutdown Concerns: Progress toward avoiding a potential U.S. government shutdown boosted global risk appetite, which, in turn, lifted domestic equities.
Analyst Perspectives
- Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities: The overall trend of Nifty 50 remains positive, and any weakness down to 25,400 - 25,300 could be a buy on dips opportunity. A decisive move above 25,700, Nifty 50 could advance towards 26,000 levels in the near term.
- Bajaj Broking: The Nifty has formed a bullish candle on the daily chart, signaling follow-up buying after a recent pullback from the 50-day exponential moving average (EMA). The brokerage expects the index to hold above the key support zone of 25,200-25,400 and gradually head towards the immediate resistance level of 25,850. A sustained move above this could push the index toward its recent 52-week high of 26,100 in the coming weeks.
- Nilesh Jain, Head – Technical and Derivatives Research Analyst (Equity Research), Centrum Broking: The broader market structure remains constructive, favoring a buy-on-dips approach, with immediate support placed at 25,300. A decisive breakout above 25,650 would likely pave the way for continued upward momentum toward the 25,800 level.
- Samco Securities: Favors a buy-on-dips approach as long as the index sustains above 25,500. A decisive close above 25,750 could pave the way for a meaningful up-move toward the 25,900–26,000 levels.
Key Levels to Watch
- Support: 25,200-25,400
- Resistance: 25,650-25,850
Sectoral Outlook
Most sectors ended the session in the green on Monday, with IT, pharma, metals, and energy stocks leading the gains. Realty and FMCG counters saw mild profit booking.
- Nifty IT: Emerged as the top gainer, surging nearly 2%.
- Nifty Pharma: Rose nearly 1%.
- Nifty Metal: Added 0.6%.
- Nifty Bank: Gained a thin 0.10%.
Market Strategy
Analysts suggest a buy-on-dips approach as long as the Nifty sustains above 25,500. A decisive close above 25,750 could lead to a rally towards 25,900-26,000.
Additional Factors to Monitor
- India's CPI data on November 12 and WPI data on November 14.
- Corporate earnings announcements.
- Geopolitical developments.
- India VIX, which signals limited volatility.
- Global market trends.
Goldman Sachs Upgrade
Goldman Sachs has upgraded Indian equities to "overweight" and set a Nifty50 target of 29,000 by December 2026. The brokerage expects financials, consumer staples, defense, and oil marketing companies (OMCs) to be key themes for investors.
