The benchmark indices experienced a volatile trading session.
Shrikant Chouhan,
Head Equity Research,
\Kotak Securities
Mumbai, November 11, 2025: Today, the benchmark indices experienced a volatile trading session. After a roller-coaster activity, the Nifty ended 121 points higher, while the Sensex was up by 336 points. Among sectors, the Defence Index outperformed today, rallying 2.45 percent. Technically, after an early morning sharp intraday correction, the market took support near 25,450/83,100 and bounced back sharply. From the day's lowest point, the market rallied over 250/700 points. On intraday charts, the market has formed a higher bottom and also succeeded in closing above the 20-day SMA (Simple Moving Average), which is largely positive.
We are of the view that the current market texture is volatile; hence, level-based trading would be the ideal strategy for day traders. 25,625/83,500 and 25,500/83,300 would act as key support zones, while 25,800–25,900/84,000–84,300 could be immediate resistance areas for the bulls. However, below 25,500/83,300, the uptrend would become vulnerable.
Gaurav Garg, Research Analyst Lemonn Markets Desk, adds:
Domestic equities rebounded sharply on Tuesday, reversing early losses as sentiment improved on upbeat global cues and optimism over a potential India–US trade agreement. After slipping over 400 points in early trade, the Sensex climbed 760 points to 83,884, while the Nifty recovered nearly 1 percent to trade at 25,703. InterGlobe Aviation, Bharat Electronics, and HCL Tech led the gains, while Bajaj Finance and Bajaj Finserv declined up to 7 percent.
The rebound was driven by renewed hopes of an India–US trade pact after President Trump said discussions were “pretty close” to completion, signalling stronger economic and investment ties. Global sentiment improved further as the US Senate moved to end the prolonged government shutdown, and expectations of a potential Fed rate cut in December lifted market confidence.
Asian and US markets also traded higher, supported by easing inflation and solid risk appetite. Additionally, a decline in crude oil prices to around USD 64 per barrel provided relief to domestic investors by easing inflation and fiscal concerns. The combination of positive global developments and softer oil prices helped restore buying momentum in Indian markets.
