Post by : Badri Ariffin

Indian stock markets opened the week with gains, closing higher on Monday as markets digested softer US inflation data and growing signs of easing global trade tensions, which helped restore investor confidence.

The Nifty 50 advanced 0.66% to finish at 25,966, while the Sensex added 0.67% to close at 84,779. Broader segments also participated — the midcap index rose about 1% and the smallcap index increased 0.93%, indicating a wide-based uptick.

Investors interpreted the weaker-than-expected US inflation print as a signal that the Federal Reserve could move toward lower rates, reviving hopes for monetary easing. Alongside encouraging progress in trade discussions involving the US, China and India, these developments supported a more positive global backdrop. Domestically, expectations of robust festive demand and early signs of renewed private-sector capital expenditure reinforced market momentum.

Large-cap names led the advance, with Reliance Industries, SBI Life, Bharti Airtel and Tata Steel among the top gainers that helped push benchmarks higher. By contrast, Kotak Mahindra Bank, Infosys and Adani Ports experienced modest profit-booking after recent rallies.

Market participants observed that Indian equities remain sensitive to global cues. Fresh buying by foreign institutional investors and strength in capital-expenditure-linked sectors underlined sustained investor interest and resilience in the domestic market.

From a technical perspective, analysts pointed to firm support for the Nifty around 25,700, with immediate resistance near 26,000. A decisive move above that level could pave the way for a rise toward 26,500, particularly if banks and other large-cap counters continue to attract buying.

Meanwhile, gold prices eased as demand for safe havens softened, while global markets drew support from signs of reduced geopolitical strain and improving US-China trade relations.

Overall, Monday’s session reflected a blend of international relief and domestic sturdiness — suggesting India’s markets may be well placed to benefit from festive-season demand and improving global conditions as November approaches.

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