Sensex Rises 595 Points, Nifty Crosses 25,850 as Auto, IT Stocks Rally on Bihar Poll Optimism

Stock Market Today: Nifty Ends Above 27,300, Sensex Jumps 595 Points as US-India Trade Deal and Bihar Exit Polls Lift Sentiment

The Indian stock market ended higher for the third straight session on November 12, with benchmark indices extending their gains on the back of optimism surrounding the US-India trade deal, positive global cues, and favorable Bihar exit poll results projecting a decisive NDA victory. The upbeat sentiment also found support in the reopening of the US government, easing global political and economic concerns.

At close, the Nifty 50 stood at 27,337.35, up 0.21%, while the BSE Sensex climbed 595.19 points, or 0.71%, to finish at 84,466.51. The Bank Nifty also maintained positive momentum, rising 0.23% to close at 58,274.65, signaling improved investor appetite across key banking and financial names.

Nifty Extends Winning Streak; Broader Market Remains Firm

The Nifty index maintained its uptrend throughout the session, with buying support seen across IT, auto, consumer durables, and media sectors. The index has now gained over 500 points in the past three sessions, supported by strong global sentiment and encouraging domestic macros.

Technical indicators reflected a bullish undertone, as the index continued to trade above its 21-day exponential moving average (21 EMA). Analysts noted that the breakout above recent resistance levels indicates the potential for the Nifty to test 27,500–27,600 in the near term, with immediate support at 27,000.

“The market sentiment remains positive with strong follow-through buying in key sectors. The Nifty has successfully retested its breakout zone and is now positioned to move toward 27,600, supported by global optimism and political stability,” said a senior technical analyst at HDFC Securities.

Also Read : Asian Paints Shares Rise 5% After Q2 Profit Surges 43% to Rs.994 Crore

Sensex Surges 595 Points; Market Sentiment Boosted by Trade Talks and Political Clarity

The Sensex’s 595-point rally was driven by large-cap stocks in IT, auto, and FMCG sectors. Investors took comfort from signs of progress in India-US trade negotiations, with reports suggesting that the two nations are moving closer to a framework aimed at reducing tariffs and boosting bilateral trade to $500 billion by 2030.

Simultaneously, the Bihar exit polls predicting a clear NDA majority have helped ease concerns about political uncertainty that could have led to market volatility. Analysts believe that a stable political environment will support policy continuity, boost investor sentiment, and accelerate structural reforms.

“The market feared a potential 5–7% correction if the Bihar results were unfavorable. However, the clarity of an NDA victory ensures stability, which investors always appreciate,” said an equity strategist at Kotak Institutional Equities.

Sectoral Snapshot: IT, Auto, and Pharma Lead Gains; Realty Under Pressure

On a sectoral basis, the Nifty IT index led the rally, rising 2.04%, followed by Auto (+1.24%), Pharma (+1%), Consumer Durables (+1%), and Media (+0.98%). Gains in IT stocks came on the back of improving global risk appetite and expectations of tariff relief under the new trade framework.

The Realty sector (-0.49%) and Metal sector (-0.16%) underperformed as investors booked profits after recent rallies.

Top Gainers:

• Asian Paints (+6.58%) – surged on strong Q2 results and improved outlook in the paints sector.

• Adani Enterprises (+5.00%) – gained on value buying and strong operational guidance.

• Tech Mahindra (+3.48%) and TCS (+2.56%) – rose following optimism over export prospects amid the trade deal talks.

• Bajaj Finserv (+2.49%) – advanced after institutional buying and positive brokerage upgrades.

Top Losers:

• Tata Motors Commercial Vehicles (-1.49%) and TMPV (-1.30%) – slipped amid margin concerns.

• Tata Steel (-1.29%), Shriram Finance (-1.23%), and BEL (-0.91%) also saw mild profit booking.

Broader Market and Stock Participation: Midcaps, Smallcaps Gain

In the broader market, the BSE Midcap index rose 0.4%, while the Smallcap index added 0.7%, reflecting broad-based participation. Out of total stocks traded, 1,927 advanced, 1,178 declined, and 144 remained unchanged.

The India VIX, a measure of market volatility, dropped 3.04% to 12.11, indicating easing fear levels and rising investor confidence.

Macro and Global Cues: Positive Outlook Amid Global Recovery

Global equities extended gains as investors bet on an early resolution of the US government shutdown and the possibility of Fed rate cuts early next year, following signs of a cooling US labor market.

Asian markets were mostly higher, with Japan’s Nikkei and Hong Kong’s Hang Seng both ending in positive territory. In Europe, major indices also advanced, reflecting improved global sentiment.

Back home, the Indian market outlook remains robust, supported by strong macro fundamentals — easing inflation (CPI & WPI), a healthy GDP outlook, and positive corporate earnings.

“The alignment of domestic growth with favorable global tailwinds continues to support Indian equities. The key catalysts remain trade deal progress and political stability,” said a market strategist at ICICI Securities.

Nifty Remains Bullish, Eyes 27,600–28,000 Zone

The Nifty continued to show strength, sustaining above its 21-EMA and confirming an uptrend. Technical analysts believe that the index is likely to maintain its bullish bias in the coming sessions.

“The index has established a strong base near 27,000 and looks poised for a move toward 27,600–27,800 in the near term. On the downside, support exists at 27,000, followed by 26,850,” said a technical analyst at Angel One.

The RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) indicators suggest continued momentum in the short term, driven by strong foreign institutional inflows.

Currency and Commodities: Rupee Edges Lower; Crude Oil Steady

On the currency front, the Indian Rupee ended slightly weaker at 88.64 per dollar, compared to the previous close of 88.56, amid a firm US dollar and rising crude oil prices.

In commodities, Brent crude traded steady around $85 per barrel, as traders awaited OPEC’s next supply decision and monitored geopolitical tensions in the Middle East.

Derivatives Update: Stocks in F&O Ban List

In the futures and options (F&O) segment, SAIL remained under the ban period for today, while Bandhan Bank, Adani Enterprises, IEX, and HFCL are among the possible entrants. Meanwhile, stocks like Tata Elxsi, SBICard, and Mazagon Dock are nearing their limits and could move into the ban list in upcoming sessions.

Nifty May Test 27,600; Investors Should Stay Cautious Yet Optimistic

With global and domestic tailwinds aligning, the near-term outlook for Indian equities remains positive yet measured. The Nifty could test the 27,600–28,000 zone if momentum continues, supported by policy stability, improving macros, and strong corporate earnings.

However, market experts caution against excessive optimism ahead of derivative expiries, US inflation data, and upcoming corporate results, which could introduce short-term volatility.

Overall, India’s resilient economy, steady reforms, and robust investor sentiment continue to make it one of the most attractive markets among emerging economies.

• Nifty 50
• Bank Nifty
• Sensex

FAQs on Indian Stock Market, Nifty and Sensex Movement

What are the key reasons behind the Sensex and Nifty’s rise above 27,300 and 84,000 levels today?
The Sensex and Nifty surged due to optimism around the US-India trade deal progress, positive global cues, and favorable Bihar election exit polls indicating political stability. Gains in IT, auto, and telecom stocks also contributed to the rally.

How did global market trends and US economic developments influence the Indian stock market today?
Global markets gained on hopes of a US government reopening and possible early Fed rate cuts amid softening labor data. These cues supported Indian equities, with investors showing renewed risk appetite across large-cap and export-oriented sectors.

Which sectors contributed the most to Nifty and Sensex gains on November 12, 2025?
IT, auto, and consumer durable sectors were the top performers, while media and pharma also saw strong buying. Realty and metal stocks, however, underperformed due to profit booking after a recent rally.

What are analysts predicting for the Nifty’s short-term target after crossing the 27,300 mark?
Analysts expect the Nifty to continue its bullish momentum and test the 27,600–27,800 range in the short term, supported by global optimism, steady FII inflows, and improving domestic macros. Immediate support is seen near 27,000 levels.

How do the Bihar election exit poll results impact investor sentiment and market stability?
The exit polls projecting a decisive NDA victory have reduced political uncertainty, assuring investors of policy continuity and governance stability—factors that are crucial for maintaining market confidence and long-term capital inflows.

Which stocks were the top gainers and losers in today’s session, and what drove their movement?
Asian Paints, Adani Enterprises, and Tech Mahindra led the gains due to strong earnings and trade optimism, while Tata Steel and Shriram Finance slipped on weaker demand outlook and profit booking after recent highs.

What is the short-term outlook for the Indian stock market amid global volatility and trade negotiations?
Experts remain cautiously optimistic. As long as the US-India trade talks progress and domestic fundamentals stay firm, Indian equities may sustain their uptrend. However, traders should stay alert to global macro shifts, Fed policy cues, and F&O expiry volatility.