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Indian equity benchmark indices, Sensex and Nifty, are expected to open higher on Tuesday, tracking strong global cues.
Indian equity markets
Indian equity markets traded mixed on Tuesday, with benchmark indices struggling to hold early gains amid stock-specific action driven by Q2FY26 earnings and key corporate announcements. On the macro front, investors tracked developments around the potential US–India trade deal.
US President Donald Trump, on Monday (local time), said his administration is working on “a very different deal” with India than those negotiated in the past. “They don’t love me, but they will love us again. We are getting a fair deal,” he said.
In early trade, the BSE Sensex opened 136 points higher but quickly gave up gains to slip 54 points, or 0.06%, at 83,482. The NSE Nifty50 opened at 25,617, before easing 13 points, or 0.05%, to 25,561.
Bajaj Finance plunged over 6%, emerging as the top laggard on the Sensex. Other major drags included Bajaj Finserv, Tata Motors PV, Power Grid, Tata Steel, Kotak Mahindra Bank, Asian Paints, SBI, NTPC, and Tech Mahindra.
On the gaining side, Mahindra & Mahindra rose nearly 1%, followed by BEL, TCS, HCL Tech, Trent, Infosys, and ICICI Bank.
In the broader markets, the Nifty MidCap index slipped 0.03%, while the Nifty SmallCap index added 0.11%.
Among sectoral indices, Nifty Financial Services fell 0.7%, and Nifty PSU Bank declined 0.5%, dragging the overall market sentiment.
Global Cues
Global sentiment improved after US President Donald Trump said his administration is working on “a very different deal” with India compared with past negotiations. “They don’t love me, but they will love us again. We are getting a fair deal — just a fair deal,” Trump said on Monday.
Across Asia, markets advanced following Wall Street’s strong overnight rally. Japan’s Nikkei 225 gained 0.56%, South Korea’s KOSPI rose 2.24%, and Hong Kong’s Hang Seng was up 0.4%.
In the U.S., equities surged on Monday, led by AI-heavyweights Nvidia and Palantir, as optimism grew over progress toward ending the record U.S. government shutdown. The S&P 500 climbed 1.54%, the Nasdaq Composite jumped 2.27%, and the Dow Jones Industrial Average added 0.81%.
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 11, 2025, 09:13 IST
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