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Indian equity markets are likely to make flat to positive start on Tuesday, tracking strong global cues. Traders are likely to take some support after U.S. President Donald Trump indicated that he would reduce the tariff rate on Indian goods at some point, and that the U.S. was pretty close to a trade deal with New Delhi.

Some of the key factors to be watched:

India, Vietnam sign agreement, resolve to expand defence cooperation: The defence ministry has said that India and Vietnam have inked a pact to set up a framework for submarine search, rescue and support mechanism in case of any eventualities. The two sides also signed a letter of intent (LoI) to strengthen bilateral defence industry collaboration.

Piyush Goyal meets Utah Senate president to boost AI, clean energy ties: Commerce and Industry Minister Piyush Goyal met a business delegation led by President of the Utah State Senate J Stuart Adams and discussed enhancing collaborations in areas like AI, clean energy, minerals, biotech, aerospace, and advanced manufacturing.

India’s unemployment rate falls to 5.2% in July–September: Ministry of Statistics report said that the unemployment rate (UR) in India among persons of age 15 years and above declined to 5.2 per cent in July-September this year from 5.4 per cent in the previous quarter of April-June.

Indian exporters visit to Russia: Indian exporters from the engineering sector will visit Moscow with an aim to boost the country's outbound shipments amid steep tariffs imposed by the US on domestic goods.

Telecom stocks will be in focus: Telecom regulator TRAI is reviewing all nine existing interconnection regulations and has sought stakeholder views on multiple aspects, including the interconnect framework for satellite-based telecommunications networks with other telecom networks.

On the global front: The US markets ended in green on Monday after US Senate voted to advance legislation to end the government shutdown, uplifted the trading sentiments. Asian markets trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react to further progress made towards ending the US government shutdown. 

Back home, Indian equity benchmarks settled higher on Monday tracking gains across global markets after reports suggested that the United States Congress is close to reaching a deal to end the country’s longest-ever government shutdown. Markets made a cautious start but soon gained some traction on account of value buying after selling in previous three sessions, and foreign fund inflows. Indices touched day’s highs in late morning session and maintained their gains for most part of the session led by buying in IT and Teck stocks. In dying hours of the trade, markets came off the day’s high and ended with gains of over 0.30% each. Finally, the BSE Sensex rose 319.07 points or 0.38% to 83,535.35 and the CNX Nifty was up by 82.05 points or 0.32% to 25,574.35. 

Some of the important factors in trade:

Renewed buying interest by FIIs: Foreign institutional Investors’ (FIIs) renewed interest in Indian equities has kept the sentiments upbeat. The FIIs were net buyer on Friday’s session, with a net buying of equities worth Rs 4,581.34 crore on November 8, 2025. 

India's economic growth projected above 6.8% in FY26: Some optimism came as Chief Economic Advisor V Anantha Nageswaran exuded confidence that economic growth would be upwards of 6.8% in FY26 driven by consumption boost provided by GST rate cut and income tax relief. 

Proposed FTA between India, New Zealand likely to enhance trade flows: Traders took note of the commerce ministry’s statement that the proposed FTA between India and New Zealand is expected to enhance trade flows, deepen investment linkages and strengthen supply-chain resilience.

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