Market snaps 3 day losing streak, Nifty above 25,550

The Indian equities opened the week on a positive note on Monday with benchmark indices rebounding after a three-day decline, driven by gains in IT, metal, and pharma stocks that lifted the Nifty above 25,550.At close, the Sensex was up 319.07 points or 0.38 percent at 83,535.35, and the Nifty was up 82.05 points or 0.32 percent at 25,574.35. About 1,787 shares advanced, 2,183 shares declined, and 132 shares were unchanged.
Infosys, HCL Technologies, Grasim Industries, Bajaj Finance, Wipro were the top gainers on the Nifty, while losers included Trent, Apollo Hospitals, Max Healthcare, Power Grid and Tata Consumer.On the sectoral front,except media (down 1%), all other sectoral indices ended in the green with IT index up 1.6 percent, pharma index up nearly 1 percent, metal index up 0.6 percent. Broader indices ended mixed with BSE Midcap index rising 0.6 percent, while smallcap index falling 0.4 percent.
Rupee Close: 
On 10 Nov'25,the Indian rupee depreciated 6 paise to close at 88.71  against the U.S. dollar in a muted session on Monday weighed down by elevated crude oil prices.However, positive domestic equity markets and a soft U.S. dollar cushioned the rupee’s downside, forex traders said.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments,the potential resolution of the U.S. government shutdown, coupled with renewed FIIs buying driven by a favourable Q2 earnings season, supported a positive sentiment in the market.The rise in the U.S. 10-year Treasury yield reflects improving risk sentiment toward equities with the reopening of the federal government. Domestically, strengthening macroeconomic indicators are expected to underpin upward revisions in earnings estimates for H2FY26. This reinforces the current valuations and is likely to attract incremental liquidity. Sectorally, the IT index outperformed, buoyed by expectations of demand stabilization.
Market experts recommended five shares to buy on Monday-ASM Technologies, Lumax Auto Technologies, Silver Touch Technologies, DCB Bank and Rama Phosphates shares.

(Business Correspondent)