BREAKING :
Sensex, Nifty Open Higher as FIIs Turn Buyers; Banking Stocks in Focus

Sensex, Nifty Open Higher as FIIs Turn Buyers; Banking Stocks in Focus

Indian benchmark indices opened higher on Monday, extending recent gains as foreign institutional investors (FIIs) returned to buying on Dalal Street. Positive cues from global markets, clarity on the US–India trade deal, and expectations of short covering in derivatives supported sentiment, while banking stocks showed strength amid signs of improving credit growth.

Benchmark equity indices began the week on a positive note, tracking improved global sentiment and renewed foreign fund inflows. The S&P BSE Sensex rose nearly 380 points to trade above the 83,950 mark, while the NSE Nifty50 gained over 119 points to cross 25,800 in early trade on Monday.

Market sentiment was boosted by clarity around the US–India trade deal, which has eased concerns over its potential impact on Indian businesses, particularly exporters. The rebound in US equities and supportive cues from other global markets further reinforced a risk-on mood.

According to market experts, a key positive development has been the return of FIIs to the cash market, with net buying seen in three of the last four sessions after a prolonged selling phase. Meanwhile, the derivatives market remains heavily net short, raising expectations of short covering that could add resilience to equities in the near term.

On the sectoral front, IT stocks may continue to face pressure amid global technology-related uncertainties, while banking stocks are expected to outperform. Improving credit growth trends are likely to support GDP expansion and corporate earnings growth in FY27, making financials a key area of interest for investors.

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