Perspective on Markets 07th Nov 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Perspective on Markets 07th Nov 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
"Sensex, Nifty Recover from Day’s Lows to End Flat; Metals Lead Gains
Equity benchmarks ended a volatile session on a muted note on November 7, recovering sharply from early losses. The Sensex slipped 95 points to close at 83,216, while the Nifty settled 17 points lower at 25,492. Markets saw strong intra-day recovery driven by buying in financial and metal stocks, even as FMCG, consumer durables, and telecom names weighed on sentiment.
Among sectors, the metal index gained 1.4%, while IT and FMCG shed about 0.5% each. Broader markets outperformed, with the Nifty Midcap index rising 2% from its day’s low. Shriram Finance, Adani Enterprises, Tata Steel, Bajaj Finance, and M&M were among the top gainers, whereas Bharti Airtel, Tata Consumer, Apollo Hospitals, and Tech Mahindra declined.
The rupee ended almost unchanged at 88.66 against the US dollar.
Going into next week, investors will focus on quarterly earnings from key financials, global market cues, and foreign fund inflows, which will likely dictate short-term momentum and sector rotation trends."
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