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Stock markets surge in early trade; Sensex jumps 1,097 points
On Wednesday, November 11, 2026, Indian benchmark indices BSE Sensex and Nifty opened higher, with the Sensex gaining 1,142.03 points, or 1.41 per cent, following a sharp drop in crude oil prices after President Donald Trump downplayed potential US strikes on Iran.
Foreign Institutional Investors provided support on Monday, November 9, with Rs 14,974.68 crore in equity purchases, while Domestic Institutional Investors extended their selling streak, offloading Rs 7,172.53 crore.
Broad market breadth remained positive with 2,441 stocks advancing against 540 declining on the NSE. All Sensex pack stocks traded green, led by Bajaj Finance gaining 2.07 per cent, alongside ICICI Bank, Asian Paints, and BEL.
Technical Research Analyst Deepesh Sarawagi at Choice Broking noted "the broader market setup continues to favour the bulls," though he warned that "elevated RSI levels across both indices warrant caution."
The Gift Nifty pointed to a measured start, opening down 36 points. The BSE Midcap Select Index rose 120.36 points, while the BSE Smallcap Select Index added 0.63 per cent despite trading in the red at 9,025.40.
Indian stock markets opened with strong gains on Wednesday. The Sensex surged over 1,100 points, while the Nifty also gained over 300 points. The rupee opened 21 paise stronger at 93.72 against the US dollar.