Market at Close | Sensex, Nifty end higher after 3 sessions of losses; IT and midcaps lead

Equity benchmarks ended higher on Monday (November 10), snapping a three-day losing streak, supported by gains in information technology stocks. The Sensex rose 319 points to close at 83,535, while the Nifty gained 82 points to end at 25,574. The Nifty Bank index finished flat but in the green, up 61 points at 57,937. The Midcap index advanced 281 points to 60,124.

IT stocks led the market recovery, with Infosys and HCL Technologies emerging as the top Nifty contributors. HCL Technologies hit a record high, rising 12% after a healthy Q2 performance and an order win. Bajaj Finance gained 2% ahead of its results, featuring among the top Nifty gainers.

Defence stocks traded higher on strong volumes, with Hindustan Aeronautics Ltd (HAL) and Bharat Dynamics Ltd (BDL) up 4–5%. Gold financiers also advanced as gold prices climbed again, with Muthoot Finance up over 3%. Indian Metals extended its gaining streak, rising another 11%, while Dreamfolks surged 10% following its acquisition in the hospitality segment.

Also Read: Ed Yardeni calls US tech sell-off a healthy pullback, keeps S&P 500 target at 7,000

Among mid- and small-cap movers, Nalco, Uno Minda, Uno Minda, and Nykaa gained 5–10% each after their quarterly results. However, Trent was the top Nifty loser, slipping 7% on muted Q2 numbers. LIC fell 3% despite reporting growth for October, citing a low base. NCC dropped another 4% after the company withdrew its FY26 guidance, while Amber Enterprises declined 3% after muted results.

Hospital stocks remained under pressure following reports of no hike approval, with Max Healthcare down 3%. Eternal extended its losses, falling 2% today and over 5% so far this month. Lenskart recovered sharply from early lows, closing above its issue price of ₹402 per share. Market breadth was mildly in favour of declines, with an advance-decline ratio of 1:1.

Also Read: Indian IT stocks surge led by Infosys, HCLTech - Key factors that contributed to the move