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2026-11-09 09:17:05 am | Source: Religare Broking Ltd
Daily Derivative Report - 09th November 2026 by Religare Broking Ltd
Daily Derivative Report - 09th November 2026 by Religare Broking Ltd

Market Outlook

The Indian equity markets extended their winning streak throughout the previous week, with the benchmark Nifty 50 index registered the impressive weekly gains of over 8%, amid the mixed global cues. The banking sector continued to outperform the broader market, making a significant contribution to the recent rally. On the technical front, the 25,000 mark remains a crucial make-or-break level. Sustained trading above this mark could reinforce the prevailing bullish momentum, opening the door for further upside towards 25,600 and subsequently 26,000. However, failure to hold the 24,800 level could fizzle out the momentum and trigger the consolidation in near term.

 

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