New Delhi, Nov. 11 -- The Indian benchmark indices snapped a three-day losing streak on Monday, closing higher as a sharp rebound in IT and select financial stocks, coupled with positive global cues regarding a potential resolution to the US government shutdown, fueled buying interest.
The Nifty 50 gained 82.05 points (0.32%) to settle at 25,574.35, while the Sensex rose by 319.07 points (0.38%) to close at 83,535.35. Sectorally, the Nifty IT index surged nearly 2% to lead the charge, with large-cap stocks such as Infosys and HCL Technologies seeing significant buying. The broader market sentiment also remained positive, as the advance-decline ratio favoured advancers, indicating a healthy participation beyond the main indices. Foreign i...
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