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The benchmark equity indices staged a strong comeback on Friday, recovering from early losses as value buying in select sectors
Stock Market Today.
Stock Market Today: Indian equity markets extended their losing streak to a third straight session on Friday, though the benchmarks managed to recoup most of their early losses amid selective buying in large-cap stocks.
The Sensex and Nifty fell as much as 0.75% in early trade before staging a partial recovery. The 30-share BSE Sensex finally closed 94.73 points, or 0.11%, lower at 83,216.28, while the NSE Nifty 50 slipped 17.40 points, or 0.07%, to end at 25,492.3
Among the Nifty50 stocks, Shriram Finance, Adani Enterprises, and Bajaj Finance led the gainers, rising up to 3 per cent. On the other hand, Bharti Airtel and InterGlobe Aviation were among the top laggards, slipping as much as 4 per cent.
Key Factors Behind the Market Recovery
1) Value Buying:
Investors engaged in value buying across banking, financial services, and metal counters after recent corrections, providing strong support to the benchmark indices.
2) Trump Hints at India Visit:
US President Donald Trump on Thursday praised Prime Minister Narendra Modi, calling him “a great man” and “a friend,” while hinting at a possible visit to India next year to boost bilateral trade ties. The comments lifted market sentiment amid hopes of an early resolution to trade tariff issues.
3) Firm Global Cues:
Global markets also lent support, with Wall Street futures edging higher around noon India time, indicating a positive start for US equities later in the day. The improvement in global risk appetite added to the momentum in domestic markets.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
November 07, 2025, 10:06 IST
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