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Stock markets hit eight-month high as foreign investors return
Foreign investors bought Rs 7,212.22 crore in equities on Monday as better-than-expected earnings and softer oil prices lifted sentiment.
On Wednesday, November 11, 2026, the BSE Sensex jumped 1,142.03 points to 82,248.68, while the NSE Nifty added 293.15 points to open at 25,337.80.
Aggressive Foreign Institutional Investor buying of Rs 53,170 crore month-to-date, combined with better-than-expected Q2 corporate earnings and Brent crude moderating to $92, fueled investor confidence.
Exchange data shows positive market breadth in early trade, with 2,441 stocks advancing against 540 stocks declining on the NSE. Nifty PSU Bank led sectoral gains at 2.94%.
Enrich Money CEO Ponmudi R said, "This renewed foreign investor participation has helped reinforce the recent market recovery, improving risk appetite and lending greater confidence to the domestic investment outlook."
Technical Research Analyst Deepesh Sarawagi at Choice Broking warned that "elevated RSI levels across both indices warrant caution against chasing higher levels," signaling potential profit-taking ahead.