After three consecutive days of losses, Indian stock markets rebounded on November 10 as Sensex surged 319 points and Nifty climbed 82 points. The rally was led by robust gains in IT, defence, and pharma stocks, with sectoral indices trading in the green by midday. Global cues were mixed; Asian markets traded higher, but some caution lingered following last week’s AI stock rout. Investors drew confidence from a wave of positive Q2 earnings in tech and finance, with upbeat projections outweighing near-term concerns over global valuations. Analysts predict a cautiously optimistic outlook, citing sectoral leadership rotation and retail participation. Market observers are watching upcoming IPO listings and quarterly result announcements for further momentum signals.
