Indian Markets Rise as Fed Easing Hopes and Trade Progress Lift Sentiment

Indian bourses opened the week on a positive note, with buying interest emerging as investors digested global cues and domestic demand prospects.

The Nifty 50 advanced about 0.66% to finish at 25,966, while the Sensex gained roughly 0.67% to close at 84,779. The broader market also participated in the uptick — the midcap gauge rose close to 1% and the smallcap index was up around 0.93% — signalling a fairly broad-based move.

Traders pointed to softer-than-expected US inflation figures that rekindled hopes of a shift toward easier Fed policy. Momentum was further supported by encouraging progress in trade discussions involving the US, China and India, alongside growing optimism about festive-season demand and signs that private-sector capital expenditure may be picking up.

Among major stocks, Reliance Industries, SBI Life, Bharti Airtel and Tata Steel were notable contributors to the market advance. Conversely, Kotak Mahindra Bank, Infosys and Adani Ports experienced modest profit-taking after recent gains.

Market participants noted the rally underscored India’s sensitivity to global developments. Fresh buying by foreign investors and strength in capex-linked sectors reinforced a cautiously upbeat view of the domestic outlook.

From a technical perspective, analysts identified support near 25,700 for the Nifty, with immediate resistance around the 26,000 mark. A decisive move above that level could pave the way toward about 26,500, particularly if banks and other large-cap names sustain buying interest.

Gold prices eased as safe-haven demand cooled, while global equity markets gained ground amid signs of easing geopolitical tensions and improved US-China trade signals.

Overall, Monday’s session combined international relief with domestic resilience, leaving India’s markets well-placed to benefit from both festive demand and hopes of a broader global recovery as November approaches.