Sensex, Nifty rebound after 3-day fall on IT stocks buying
Indian stock markets, Sensex and Nifty, rebounded after three days of losses, driven by gains in IT sector stocks. However, overall market growth remains constrained by rising crude oil prices and geopolitical tensions in West Asia.
Why it matters
The performance of Indian equity markets reflects broader investor sentiment influenced by both domestic corporate earnings and global macroeconomic volatility.
Sensex, Nifty rebound after 3-day fall on IT stocks buying left File photo for representational purposes only. Reuters Reuters https://th-i.thgim.com/public/incoming/lvzj7p/article71116509.ece/alternates/FREE_1200/2025-11-07T065921Z_1148292179_RC2USDAMZK08_RTRMADP_3_INDIA-STOCKS-FLOWS.JPG FRANCIS MASCARENHAS FILE PHOTO: Men walk past a screen displaying market results outside the Bombay Stock Exchange (BSE) in Mumbai, India, April 7, 2025. REUTERS/Francis Mascarenhas TPX IMAGES OF THE DAY/File Photo Gains remained modest as soaring crude oil prices, amid escalating tensions in West Asia, dampened investors' sentiment Mumbai Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday (October 23, 2026), after falling for three consecutive sessions, supported by value buying in IT stocks and gains in index bellwether Reliance Industries shares. However, gains remained modest as soaring crude oil prices, amid escalating tensions in West Asia, dampened investors' sentiment.
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