Market extends gains, Nifty near 25,700, Sensex up 336 points

The Indian equity benchmarks ended higher after a volatile session on Tuesday,extending their gains for the second day as the Nifty closed near 25,700 amid optimism over progress on the U.S. shutdown bill and a possible India–U.S. trade deal.At close, the Sensex was up 335.97 points or 0.40 percent at 83,871.32, and the Nifty was up 120.6 points or 0.47 percent at 25,694.95.
Interglobe Aviation, Bharat Electronics, Bajaj Auto, M&M and HCL Technologies were the top gainers on the Nifty, while losers included Bajaj Finance, Bajaj Finserv, ONGC, TMPV, Power Grid.On the sectoral front,, PSU Bank, healthcare down 0.3 each, while telecom index up 1.5%, IT index up 1%, oil & gas index up 0.7%, auto index up 1% and metal index up 0.6%.Broader indices underperformed the main indices with BSE Midcap and Smallcap indices ended on flat note.
Rupee Close: 
On 11 Nov'25,the rupee appreciated 16 paise to settle at 88.57 against the US dollar on Tuesday, amid progress on the US shutdown bill and optimism over the US-India trade deal.Forex traders said a rebound in domestic equities and optimism over a nearing US trade deal supported the local unit.However, elevated crude oil prices and foreign fund outflows weighed on investor sentiment.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated,the domestic market opened on a subdued note amid concerns over potential implications of the Delhi explosion. However, it recovered smartly and closed at the day’s high, supported by global cues as the U.S. Senate passed a bill to end the longest ever federal shutdown. Importantly, the Q2 results season is nearing its end and is expected to conclude on a positive note, driven by better than expected performance by the broader market. The rally was sustained by gains in IT, auto, metal, and FMCG sectors. Investors are now awaiting the upcoming domestic inflation data, with expectations of continued moderation due to a steady decline in food prices raising prospects of further policy easing by the RBI.Looking ahead, earnings are expected to witness a robust rebound in the third quarter, underpinned by multiple domestic tailwinds, though much will depend on the successful finalization of a trade deal with the US.
Market experts recommended five shares to buy on Tuesday- HBL Engineering, J B Chemicals and Pharmaceuticals, AIA Engineering, Aavas Financiers, and Emcure Pharmaceuticals.

(Business Correspondent)