neutral
Recently
Sensex holds near 83,500 as IT and FMCG stocks offset mixed global cues
Sensex traded steady around 83,500 as IT and FMCG stocks supported markets amid mixed global signals and investor caution before US inflation data.
Indian benchmark indices traded steady on November 11 with the Sensex hovering around 83,500 and the Nifty near 25,600. Gains in IT and FMCG stocks offset weakness in energy and auto shares. Investors remained cautious amid mixed global signals and awaited US inflation data. Infosys, HUL, and TCS led the gainers while Bajaj Finserv and ONGC dragged. Broader markets showed mild positive breadth with mid-cap index up 0.4 %.
Analysts expect sideways movement until macroeconomic clarity emerges from upcoming policy events and earnings releases.