Benchmark indices Sensex and Nifty rose from the day’s low on November 9, paring losses as markets showed resilience. The Sensex climbed 400 points from its low, while Nifty stayed above 24,950. Persistent FII buying supported this rally, as foreign investors injected over $4.1 billion into Indian shares this November.
Benchmark indices Sensex and Nifty rose from day's low to significantly pare losses on November 9 due to various reasons, including persistent FII buying. Sensex rose 400 points from day's low while Nifty was above 24,950-mark.
At 11:52 am, the Sensex was down 67.70 points or 0.08% at 80,931.70, and the Nifty was down 22.55 points or 0.09% at 24,963.85. About 1,658 shares advanced, 2,129 shares declined, and 204 shares were unchanged.
Key reasons behind markets turning green
1) FII buying
On November 6, 2026, FIIs emerged as strong net buyers, injecting Rs 13,749.82 crore into the Indian equity market. In contrast, DIIs turned net sellers, offloading equities worth Rs 5,968.70 crore. The strong foreign institutional participation provided significant support to the market rally.
Foreign investors have bought Indian shares worth over $4.1 billion so far in November -- already their biggest monthly inflows since September 2024.
2) Crude prices ease
Brent crude futures hovered around $98 per barrel, after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran while talks to end the conflict progress.
3) Technical reason
Nifty needs to trade below 24,800 for any bearishness to emerge in the markets, said analysts.