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Home»Business»Stock markets rebound in early trade amid rally in IT stocks, firm global trends
Business

Stock markets rebound in early trade amid rally in IT stocks, firm global trends

editorialBy editorialNovember 24, 2025No Comments2 Mins Read
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Stock markets rebound in early trade amid rally in IT stocks, firm global trends
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A view of the Bombay Stock Exchange in Mumbai.
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty rebounded in early trade on Monday (November 24, 2025), driven by a rally in IT stocks and firm global market trends.

The 30-share Bombay Stock Exchange (BSE) Sensex climbed 218.44 points to 85,450.36 in early trade. The 50-share National Stock Exchange (NSE) Nifty went up by 69.4 points to 26,137.55.

However, Bharat Electronics, Eternal, Mahindra and Mahindra and Tata Motors Passenger Vehicles were among the laggards.

In Asian markets, South Korea’s Kospi and Hong Kong’s Hang Seng index were trading in positive territory while Shanghai StockExchange (SSE) Composite index quoted lower.

U.S. markets ended higher on Friday (November 21, 2025).

“Nifty slipped on Friday (November 21, 2025), weighed down by weak global cues and renewed anxiety over overheated AI and tech valuations, leaving the index looking fragile after a jittery close. At the same time, Wall Street’s AI-driven resurgence, optimism around a possible U.S.-India trade deal, easing inflation at 0.25% in October, supportive comments from the New York Fed, and tumbling crude prices offer meaningful tailwinds for India,” Prashanth Tapse, senior vice-president (Research), Mehta Equities Ltd, said.

Foreign institutional investors (FIIs) offloaded equities worth ₹1,766.05 crore on Friday (November 21, 2025), however, Domestic Institutional Investors (DIIs) bought stocks worth ₹3,161.61 crore, according to exchange data.

Brent crude, the global oil benchmark, dipped 0.10% to $62.50 per barrel.

On Friday (November 21, 2025), the Sensex declined 400.76 points or 0.47% to settle at 85,231.92. The Nifty dropped 124 points or 0.47% to 26,068.15.

Published – November 24, 2025 11:14 am IST

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