Indian equity markets scale multi-month highs as Nifty and Sensex extend rally

Indian equity markets resumed trade on 11 November 2026 with strong bullish momentum, pushing key indices to fresh multi-month highs. The Nifty 50 advanced 210.40 points or 0.84% to close at 25,255, while the Sensex gained 772.75 points or 0.95% to settle at 81,879.40. Market breadth remained firmly positive with advances outnumbering declines across sectors.

Market Movers

Banking stocks led the rally, with Bank Nifty gaining nearly 1.8% and public sector undertaking banks outperforming peers. Auto stocks also saw high demand, featuring InterGlobe Aviation and Mahindra and Mahindra among top gainers. In contrast, profit-booking caused select information technology counters like Tech Mahindra and Tata Consultancy Services to underperform.

Expert Stock Picks

Market expert Raja Venkatraman, co-founder of NeoTrader, shared specific trade strategies for three stocks. For Bharat Forge, listed as RKFORGE, he advised buying above 765 rupees with a stop loss at 725 rupees and a target of 840 rupees. For Aarti Industries, listed as AARTIIND, the recommendation is to buy above 485 rupees with a stop at 460 rupees and a target of 525 rupees. For ABLBL, the advice is to buy above 81.80 rupees with a stop at 78 rupees and a target of 88 rupees. All three picks are intended for multiday horizons.

Context

Investor sentiment was supported by easing crude oil prices, foreign institutional investor inflows, and a positive domestic growth outlook. Technical analysts note that while momentum remains strong, a buy-on-dips strategy is preferred as long as key support levels hold.