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India equity benchmarks tick higher on US shutdown optimism
Indian indices advanced as US funding-deal hopes bolstered sentiment, with Nifty at 25,574 and Sensex at 83,535, aided by IT gains and stabilised flows.
India’s major equity indices gained on November 10 as investor sentiment improved with signs of a US government funding deal. The Nifty 50 rose 0.32 % to 25,574.30 while the BSE Sensex climbed 0.38 % to 83,535.35. Sectorally, the IT index led with a 1.6 % advance and the metal index gained about 0.6 %. Analysts noted that additional support came from stronger Q2 earnings and stabilising foreign-investor flows after recent outflows.
The rupee closed at 88.69 per USD, holding steady despite global volatility.