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Indian markets edge higher amid global optimism over US shutdown resolution
Indian shares rose on November 10, tracking upbeat Asian cues and US shutdown optimism, with IT and banking stocks leading market strength.
Indian equities advanced on November 10 as optimism over the potential resolution of the US government shutdown lifted investor confidence across Asian markets. The NSE Nifty and BSE Sensex opened on a positive note, driven by strength in IT and banking shares following overnight gains in US indices. Market participants cited improved foreign fund inflows and steady rupee movement supporting sentiment. Broader indices also traded firm with notable action in midcap and PSU sectors as traders positioned ahead of key inflation data later this week.