On Monday, November 10, Indian stock markets closed higher, snapping a 3-day losing streak. The benchmark indices were led by a jump in IT stocks on optimism over a potential end to the US government shutdown, while an improving earnings outlook also aided the rise.
At the close, the Nifty 50 came off the day’s high but still ended the session up by 82.05 points, or 0.32%, to settle at 25,574.35, while the Sensex slipped 319 points, or 0.38%, to end at 83,535.35. Both benchmark indices are now about 2.6% below their record highs. Meanwhile, India’s volatility index, India VIX, slipped by 2% below the 12.5 level.
On the sectoral front, 7 out of 11 key sectoral indices ended in positive territory.
All constituents of the IT index ended in green. IT stocks gained momentum as optimism grew over a possible resolution to the US federal government shutdown, a key market for Indian technology firms. Four of the top six Nifty gainers were from the IT sector, with Tata Consultancy Services (TCS), HCLTech, Wipro, and Infosys rising between 1% and 2.5% during the session.
Broader markets mirrored benchmark performance, with the Nifty Midcap 100 and Nifty Smallcap 100 index ending higher.
Among individual stocks,
Lenskart Solutions share price witnessed a muted listing on the Indian stock market today, listing at ₹390 on the BSE — a discount of ₹12 or 2.99% to the issue price of ₹402. The stock initially faced selling pressure, slipping over 11% from its issue price, but later recovered to close at ₹404.55 on the NSE, up 0.63%, and at ₹403.30 on the BSE, up 0.32%.
The Nifty IT index was the top-gaining sector on Monday, rising 1.62% recording the biggest intraday gains in the last 10 days. On the flip side, the Nifty Media index declined 1.04%.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices showed positive performance on Monday. The Nifty Midcap 100 index jumped by 0.47%, and the Nifty Smallcap 100 jumped by 0.35%.
As of November 10, 2025, the market breadth was slightly inclined toward advancing stocks. Out of 3,233 stocks traded on the NSE, 1,502 advanced, 1,637 declined, and 94 remained unchanged.
A total of 85 stocks touched their 52-week highs, while 149 hit their 52-week lows. Additionally, 96 stocks were locked in their upper circuits, whereas 88 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.