With a gap-up opening, Indian equity benchmarks extended their gains from Monday’s session and are currently trading firmly higher, lifting the Sensex and Nifty above their psychological levels of 82,200 and 25,350, respectively. Markets were closed on Tuesday on account of Diwali Balipratipada. Sentiments got boost as Commerce and Industry Minister Piyush Goyal said that India's goods and services exports are registering healthy growth, and the country is well on track to achieve the $1-trillion target for the current fiscal year. Besides, support came in as foreign institutional investors (FIIs) bought Indian equities worth Rs 7,212.22 crore on November 9, 2026.
Sensex surged 1.42%, while the Nifty rose 1.30%, driven by buying in HDFC Bank, Bharti Airtel, Reliance Industries, and ICICI Bank. On the global front, Asian markets were trading mixed following the negative cues from US markets overnight, as hotter-than-expected US inflation data led to renewed concerns about the outlook for interest rates.
The BSE Sensex is currently trading at 82258.46, up by 1151.81 points or 1.42% after trading in a range of 81969.91 and 82427.19. All 30 stocks on the index were trading in the green, with no declining stocks.
The top gaining sectoral indices on the BSE were Telecom up by 1.61%, Bankex up by 1.56%, Industrials up by 1.52%, Auto up by 1.51% and Capital Goods up by 1.37%, while Healthcare down by 0.18% was the only losing indices on BSE.
The top gainers on the Sensex were Interglobe Aviation up by 4.16%, Mahindra & Mahindra up by 3.42%, Asian Paints up by 2.68%, Bharti Airtel up by 2.18% and HDFC Bank up by 2.05%, while there were no losers.
Meanwhile, Commerce and Industry Minister Piyush Goyal has said that India's goods and services exports are witnessing healthy growth, with the country firmly on track to attain its $1-trillion export target for the financial year 2026-27 (FY27). He said that during April-September 2026, India's combined exports of goods and services had already reached around $480 billion.
Highlighting the opportunities for the automobile sector, the minister said the finalisation of free trade agreements (FTAs) would provide preferential market access to Indian products across economies accounting for nearly 75% of global GDP. He urged the automobile industry to explore international markets and strengthen its export capabilities. He further noted that the trade agreement with the 27-member European Union (EU) would open up significant opportunities for India's mobility ecosystem.
Moreover, he said that Europe made 15.4 million cars in 2007, but by 2019, it had fallen to 14.5 million and from 2019 to 2025, it fell to 11.5 million. He said ‘at Europe's manufacturing costs and regulatory burden, they (EU companies) will not be able to compete in the global market. So when we negotiated the FTA, we of course gave them an opportunity to send their cars to India. But when I engaged with the auto industry of Europe, they recognised that (they) need market access in India only to test the market.’ He added that EU companies may send five models to test which one has appetite in India. Once they are able to finalise what has appetite in India, then they will bring that car manufacturing to India and not only for India, but for the world. He emphasized that economies of scale will play a key role in this. He noted that EU firms will not only get the large domestic market here, but they will also be able to sell globally at affordable or competitive prices. Besides, he asked the industry to capture that opportunity before somebody else does.
The CNX Nifty is currently trading at 25371.30, up by 326.65 points or 1.30% after trading in a range of 25263.80 and 25399.10. There were 47 stocks advancing against 3 stocks declining on the index.
The top gainers on Nifty were Interglobe Aviation up by 4.00%, Mahindra & Mahindra up by 3.15%, State Bank of India up by 1.88%, Power Grid up by 1.86% and HDFC Bank up by 1.75%. On the flip side, Hindalco Industries down by 0.77%, Dr. Reddy's down by 0.72% and Nestle India down by 0.14% were the few losers.
Asian markets were trading mixed; Nikkei 225 surged 835.42 points or 1.38% to 61,295.00, Taiwan Weighted added 980.83 points or 2.24% to 43,692.75, KOSPI increased 106.85 points or 2% to 5,345.98 and Straits Times rose 27.97 points or 0.53% to 5,301.94. However, Jakarta Composite plunged 9.09 points or 0.18% to 5,116.64, Shanghai Composite weakened 8.77 points or 0.24% to 3,654.95 and Hang Seng declined 227.04 points or 0.92% to 24,330.00.