Brent crude dropped nearly 14% to trade near $99 per barrel last week, sharply easing inflation concerns and input cost pressures across domestic sectors. Concurrently, foreign institutional investors poured over $4.1 billion into local shares this month, marking their largest net monthly inflow since September 2024. Major brokerages have reinforced the bullish backdrop, with HSBC lifting its rating to overweight and Citi projecting the Nifty will hit 28,000 by late 2027. However, market experts caution that extended index valuations leave minimal room for error and could trigger brief bouts of profit-taking.
Key points
Lofty market valuations may encourage short-term institutional profit booking and trigger…: Lofty market valuations may encourage short-term institutional profit booking and trigger intermittent market pullbacks.
Strong domestic liquidity and softer oil prices maintain a constructive medium- to long-t…: Strong domestic liquidity and softer oil prices maintain a constructive medium- to long-term economic outlook.
Upcoming trading sessions will heavily depend on foreign investment flows, energy market…: Upcoming trading sessions will heavily depend on foreign investment flows, energy market dynamics, and incoming inflation prints.
Sources checked by our analysis pipeline: 1
Sensex, Nifty 50 outlook: The Indian stock market is heading into Wednesday's trading session on a strong note, with the Sensex and Nifty 50 having surged over 6% in the past five trading sessions, raising hopes of further gains on Dalal Street. The benchmark indices have reclaimed crucial levels and climbed to their highest closing levels in more than eight months, supported by falling crude oil prices, renewed foreign investor buying and improving global sentiment.
However, after a sharp rally, investors are now questioning whether the market can extend its gains or if profit booking will emerge at higher levels. The immediate trading direction will be closely linked to global market cues, crude oil movements, foreign institutional investor (FII) flows and upcoming inflation data.
On Monday, November 9, the Sensex advanced 107.25 points, or 0.13%, to close at 81,106.65, while the Nifty 50 gained 58.25 points, or 0.23%, to settle at 25,044.65. Both benchmarks ended at their highest closing levels since February 27, 2026. The Indian stock market remained closed on Tuesday, November 10, on account of Diwali-Balipratipada. Trading will…
Market activity shows Ferrexpo equity facing downward pressure during today's trading session. Current reporting indicates that trading movement remains negative while additional details concerning the slide have not yet emerged. Observers await further updates to understand the specific drivers behind this downward performance.
Regional market participants drove strong momentum across domestic equities, pushing the Jakarta exchange into firmly positive territory by the closing bell. This solid upward push reflects sustained buying interest throughout the daily trading session. The performance demonstrates continued strength for local shares as market activities wrapped up for the day.