Fresh foreign inflows and strong global tech cues are keeping market sentiment upbeat

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The Indian stock market is trading on a positive note today as strong global signals and steady foreign inflows lift overall sentiment. The Nifty 50 is trading around 26,095.80, up about 0.17%, while the Sensex is hovering near 85,346.62, showing a gain of 0.19%. The early gains reflect an optimistic start supported by healthy buying in large-cap stocks and favourable global market conditions.

Foreign investors are adding further strength to the market. On November 20, foreign institutional investors bought shares worth approximately Rs. 15.81 billion, while domestic institutions purchased about Rs. 13.61 billion. These inflows continue to provide stability to the broader market.

Positive Global Cues and Tech Rally Support Indian Markets

A significant part of today’s positive mood is influenced by upbeat global cues, especially the strong performance of major technology companies in the United States. Recent earnings from leading global tech firms have boosted investor confidence across Asian markets, and this uplift is clearly visible in India as well.

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This global tech rally is encouraging traders to take on more risk, helping local equities maintain upward momentum. Consistent foreign inflows and the improving tone in global markets are allowing Indian indices to hold steady near record levels.

Sector Performance: Autos, Energy and Oil & Gas Gain

Across sectors, several key industries are trading higher. The auto, oil & gas, energy, and power sectors are all showing gains of around 0.5% in early trade. These sectors benefit from the broader positive trend, as well as strong earnings expectations for the current quarter.

On the other hand, the media sector is under pressure for the third straight session. Weak sentiment in media stocks is linked to lower advertising expectations and mixed results from some major companies in the sector.

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Major Movers: Reliance, Hero MotoCorp and NBCC Rise

Large-cap heavyweight Reliance Industries is one of the biggest contributors to today’s uptrend. The stock is trading 1.3% higher after a global brokerage firm reiterated a “buy” rating, supported by the company’s strong refining operations and momentum in its new-energy business.

Hero MotoCorp is also performing strongly with a 2.3% rise after analysts upgraded the stock, citing improving demand trends in the two-wheeler segment. Meanwhile, NBCC (India) has gained about 2% after announcing new project wins worth nearly Rs. 29.66 billion, boosting confidence in its order pipeline and growth outlook.

These stocks are helping the indices stay in positive territory and are attracting strong buying interest from institutional investors.

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Mid-cap and Small-cap Indices Show Broader Market Support

Beyond the large-cap space, mid-cap and small-cap stocks are also participating in the rally. Both indices are showing gains of around 0.3%, indicating a healthier market breadth. More stocks are advancing than declining, signalling growing confidence among traders.

The broader participation also suggests that the market is not limited to a handful of large companies; instead, investors are showing interest across different segments. This expansion of buying activity is an encouraging sign for the sustainability of the rally.

Key Drivers Behind Today’s Market Momentum

One of the major drivers of today’s performance is the steady flow of foreign money into Indian equities. With global investors returning to emerging markets, India remains one of the preferred destinations due to its stable economic outlook and strong corporate earnings.

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Another important factor is global economic data. Investors across the world are watching the US jobs report and signals from the Federal Reserve. Any indication of stable interest rates or easing inflation tends to support foreign flows into stock markets like India.

Strong earnings from top US technology companies are also creating a ripple effect. Their performance is helping boost sentiment in India’s own technology and growth-oriented sectors.

Risks That Traders Continue to Monitor

Even though market sentiment is positive, certain risks remain. Valuations in some parts of the market have become stretched, and any disappointment in quarterly earnings could create short-term pressure. Global tensions, especially involving large economies like the US and China, also remain possible triggers for volatility.

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Additionally, sudden changes in foreign investor behaviour could influence the direction of the Indian market. For now, however, the inflow trend remains supportive.

Outlook for the Rest of the Trading Session

If the Nifty manages to stay above the 26,100–26,200 range and the Sensex continues to hold above 85,300–85,400, the indices may attempt to move toward their recent highs. Traders are likely to keep an eye on global cues, particularly US market trends and economic announcements.

However, if the market fails to sustain its gains or faces unexpected negative news, there could be periods of consolidation or mild correction. For now, the overall trend remains positive, supported by strong inflows, global cues and healthy stock-specific action.

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Final Thoughts

The Indian stock market today is showing strength, backed by solid global sentiment, continued foreign inflows and strong performance from major companies like Reliance, Hero MotoCorp and NBCC. Gains in the auto, energy and power sectors are also helping the indices stay firm. Mid-cap and small-cap participation adds further support to the positive momentum. Though external risks and valuation concerns continue to exist, the broader tone of the market remains upbeat as trading continues.