📷 Image: Wikimedia Commons / Niyantha Shekhar
Business
Sensex climbs 107 points as Nifty crosses 25,000 on lower oil prices, bank buying
✍️ The Meghalayan Express
🗓 10 Nov 2026, 03:37 AM
👁 11
India’s Sensex rose by 107 points while the Nifty 50 reclaimed the 25,000 level, driven by falling crude oil prices and renewed buying in banking stocks.
The benchmark Sensex index added 107 points on the trading day, signaling a modest rally in the Indian equity market. At the same time, the Nifty 50 index crossed back over the psychologically important 25,000 mark, a level it had briefly lost earlier.
Analysts attributed the upward movement to a combination of easing global crude oil prices and heightened investor interest in banking shares. Lower oil prices have reduced input costs for many companies and improved profit outlooks, while banks saw fresh buying pressure as investors sought exposure to the sector’s improving fundamentals.
Market participants said the twin catalysts helped restore confidence after a period of volatility, and the indices are expected to remain sensitive to further developments in commodity markets and sectoral flows.
Overall, the gains reflect a tentative but positive sentiment among traders, with the broader market watching for any shifts in monetary policy or global risk factors that could influence future performance.
Analysts attributed the upward movement to a combination of easing global crude oil prices and heightened investor interest in banking shares. Lower oil prices have reduced input costs for many companies and improved profit outlooks, while banks saw fresh buying pressure as investors sought exposure to the sector’s improving fundamentals.
Market participants said the twin catalysts helped restore confidence after a period of volatility, and the indices are expected to remain sensitive to further developments in commodity markets and sectoral flows.
Overall, the gains reflect a tentative but positive sentiment among traders, with the broader market watching for any shifts in monetary policy or global risk factors that could influence future performance.