Nifty 50 closed at 25,255.05 (210.4, 0.8%), BSE Sensex closed at 81,879.40 (772.8, 1.0%) while the broader Nifty 500 closed at 23,779.30 (212.3, 0.9%). Market breadth is overwhelmingly positive. Of the 2,901 stocks traded today, 1,921 were on the uptrend, and 933 went down.

Indian indices closed higher, hitting eight-month highs as continued foreign fund inflows supported the market. The Indian volatility index, Nifty VIX, rose 0.8% and closed at 17.6 points. IIFL Finance surged after Blackstone agreed to invest Rs 5,000 crore for an approximately 16% stake as part of a Rs 6,414 crore capital raise. The infusion is expected to strengthen the company’s capital position and support growth in secured lending.

Nifty Smallcap 100 and Nifty Midcap 100 closed higher. BSE Midsmall Private Banks and Nifty PSU Bank are among the top index gainers today. According to Trendlyne’s sector dashboard, Fertilizers emerged as the best-performing sector of the day, with a rise of 4.6%.

Asian markets closed mixed. European markets traded with varied trends. US index futures traded mixed. US Federal Reserve Governor Christopher Waller said he would support at least a 25 bps interest-rate hike in December, with a larger move possible if inflation remains elevated. Meanwhile, Brent crude oil prices rose above $92 per barrel as optimism over a US-Iran peace deal faded and ongoing tanker attacks in the Strait of Hormuz kept supply risks elevated.

• Money Flow Index (MFI) indicates that stocks like Divi's Laboratories and Indian Hotels Co are in the overbought zone.

• Garden Reach Shipbuilders is rising as its Q2FY27 net profit grows 11.8% YoY to Rs 172 crore, led by inventory sales and lower subcontracting, project & staff costs. Revenue jumps 8% to Rs 1,885.6 crore, owing to strong project execution. It features in a screener of stocks with improving net cash flow over the past two years.

• Whirlpool of India's Q2FY27 net profit falls 40% YoY to Rs 25.1 crore as commodity inflation, rupee depreciation and BEE-transition costs weighed on profitability. However, revenue rose 13.7% YoY to Rs 1,873.1 crore, supported by industry volume growth, price hikes and premiumisation. The company raises product prices by around 5%, effective November 1, to partially offset persistent commodity inflation and rupee depreciation. The company has faced higher costs for crude-linked raw materials amid geopolitical disruptions.

• Bajaj Finance rises as it reportedly plans to launch a Rs 11,700 crore fundraise through a qualified institutional placement (QIP) of equity shares.

• Moody's raises India's FY27 GDP growth forecast to 7% from 6.5%, citing resilient domestic consumption, improving investment and the economy's ability to absorb the energy shock from the Iran war. The agency also sees signs of a revival in private capex, supported by stronger capital goods activity, industrial credit growth and higher capacity utilisation.

  Moody’s raises India FY27 growth forecast to 7% as economy weathers Iran war energy shock https://t.co/o5l1VHnnHq

  — Economic Times (@EconomicTimes) November 11, 2026

• Bajaj Hindusthan Sugar approves the sale of its entire stake in its Singapore subsidiary for $6.3 mn (around Rs 59 crore) to a consortium led by Altaqat Management Consultancies. The sale also includes two subsidiaries in Indonesia and is expected to be completed within 180 days. The Singapore unit reported no revenue in FY26.

• Jyoti Structures surges as banks begin releasing guarantees and letters of credit worth up to Rs 510.6 crore after a five-year delay. These facilities, approved under its financial restructuring plan, will help the company execute existing orders and pursue new power transmission projects.

• GPT Infraprojects rises as its unit, Alcon Builders and Engineers, emerges as the lowest bidder for a Rs 103.6 crore railway project. The project involves installing and upgrading electronic signalling systems for North Eastern Railway in the Varanasi division.

• Dilip Buildcon is rising as it emerges as the lowest bidder for a Rs 901.4 crore NBCC project to develop a satellite township in Srinagar, Jammu & Kashmir. The project includes group housing and allied works, with construction to be completed within 24 months, followed by two years of operations and maintenance.

  #StockinNews | Dilip Buildcon: Declared L-1 bidder for NBCC project worth ?901.43 cr https://t.co/o1nXDS8TJY

  — ET NOW (@ETNOWlive) November 11, 2026

• Bharat Heavy Electricals is rising as it secures a Rs 600-900 crore order from Power Grid Corporation of India to set up two synchronous condensers at Kalyanpur, Gujarat. The equipment will help stabilise the grid as more renewable power is added, and the project will be completed within 35 months.

• Larsen & Toubro is rising as its Heavy Civil Infrastructure business secures an order worth Rs 1,000-2,500 crore from Noida Metro Rail Corp for the Aqua Line extension project. The company will construct a 15.1 km elevated line from Botanical Garden to Noida Sector-142 and Depot Station to Boraki, with 10 stations.

• HDFC Bank reportedly raises its marginal cost of funds-based lending rate (MCLR) by 5-15 bps across all tenures, effective November 7. The revised MCLR ranges from 7.9% to 8.7%, compared with 7.8% to 8.6% earlier.

• IRB Infrastructure is rising after the IRB Group's October toll revenue increases 25.9% YoY to Rs 835.6 crore. Growth was supported by higher traffic during the festive and holiday season and contributions from newly operational assets.

  #MarketToday | IRB Infra shares rise 3% as October toll revenue jumps 26% https://t.co/EwsXwbPdrn

  — Business Today (@business_today) November 11, 2026

• Sigma Advanced Systems' board of directors approves a Rs 3,000 crore fundraise by issuing equity shares or other securities through a follow-on public offer (FPO) or other modes. Separately, Q2FY27 net profit soars 75.8x YoY to Rs 42.5 crore, helped by inventory destocking. Revenue surges to Rs 417.1 crore during the quarter from Rs 3.6 crore a year ago, boosted by acquisitions and aerospace manufacturing ramp-up.

• Bank of Baroda hikes its marginal cost of lending rate (MCLR) by up to 20 bps across select tenures, effective November 12. The revised MCLR now ranges from 7.9% to 8.9%.

• HLE Glascoat soars to its 5% upper circuit as it secures an order worth $45 mn (~Rs 421.8 crore) to supply specialised shell & tube heat exchangers and related equipment for an energy storage project in North America.

• Redington expects its SSG business to drive double-digit growth over the next three to five years, supported by rising demand for AI infrastructure. Its enterprise segment is growing 30-35%, excluding the lower-margin data centre hardware business.

  #OnCNBCTV18 | V. S. Hariharan of #Redington, tells CNBC-TV18 that its SSG business is expected to drive double-digit growth over the next 3–5 years He sees strong potential in #AI #infrastructure, while the enterprise segment is growing at 30–35%, excluding the lower-margin data centre hardware business #Redington #AIInfrastructure #MarketsWithCNBCTV18

  — CNBC-TV18 (@CNBCTV18Live) November 11, 2026

• Cochin Shipyard is falling sharply as its Q2FY27 net profit plunges 50% YoY to Rs 53.8 crore due to higher raw materials, subcontracting, employee benefits, finance and depreciation & amortisation expenses. However, revenue grows 11.7% to Rs 1,249.2 crore, fueled by ship repair ramp-up and faster shipbuilding execution. It shows up in a screener of stocks where promoters decrease their shareholding by over 2% QoQ.

• Star Health and Allied Insurance is rising as the Insurance Regulatory and Development Authority of India (IRDAI) approves HDFC Mutual Fund schemes to increase their aggregate stake in the insurer to up to 10% from the current 4.5%. The approval allows HDFC Mutual Fund to increase its holding by up to 5.5 percentage points.

• Adani Enterprises is rising as it reportedly plans a Rs 35,000-40,000 crore annual capex over the next two years across airports, data centres and a proposed synthetic plastic polymer plant.

• Bernstein raises its December 2026 Nifty 50 target to 26,100 from 25,000, citing easing crude oil prices, lower bond yields and improving fund flows. However, the brokerage maintains a neutral 12-month outlook amid concerns over economic growth and limited earnings upgrades.

  #Bernstein raises #Nifty50 target but highlights some long-term concerns; Details here https://t.co/f6hDqgS0HL

  — CNBC-TV18 (@CNBCTV18Live) November 11, 2026

• Kalyan Jewellers soars to its 52-week high of Rs 672.1 as its Q2FY27 net profit surges 64% YoY to Rs 427.1 crore, owing to lower effective tax and a one-time gain from sale of property. Revenue jumps 31.4% to Rs 10,322.6 crore, driven by higher same-store sales growth (SSSG), new store additions and strong demand in the international, domestic and Candere businesses. It features in a screener of stocks with over 20% gains in the past month.

• HEG Advanced Materials is rising sharply as its subsidiary, TACC, receives a Rs 609.5 crore incentive under the Electronics Component Manufacturing Scheme (ECMS) of the Ministry of Electronics and Information Technology (MeitY). The incentive is for TACC's 30,000 metric tonnes per annum (MTPA) Synthetic Graphite Anode Material project in Madhya Pradesh.

• Ashoka Buildcon rises sharply as it secures an order worth Rs 865.9 crore from the National Highways Authority of India (NHAI) for construction work on the Vadodara-Mumbai Expressway in Gujarat. The project will be executed on EPC mode within 18 months.

• IIFL Finance's board of directors approves a Rs 6,414 crore fundraise through a preferential issue of shares and warrants. Blackstone will lead the funding, acquiring about a 16% stake, with Anchorage Capital Schemes and promoters also contributing.

• Nifty 50 was trading at 25,373.35 (328.7, 1.3%), BSE Sensex was trading at 82,248.68 (1142.0, 1.4%), while the broader Nifty 500 was trading at 23,831.60 (264.6, 1.1%).

• Market breadth is ticking up strongly. Of the 2,393 stocks traded today, 1,927 were in positive territory and 382 were negative.

Riding High:

Largecap and midcap gainers today include Kalyan Jewellers India Ltd. (663.75, 8.6%), Coromandel International Ltd. (1,991, 6.0%) and Bank of Baroda (275, 5.8%).

Downers:

Largecap and midcap losers today include Adani Green Energy Ltd. (1,401.70, -3.3%), NHPC Ltd. (77.90, -3.1%) and LG Electronics India Ltd. (1,740.60, -3.0%).

Volume Shockers

39 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Kalyan Jewellers India Ltd. (663.75, 8.6%), Netweb Technologies India Ltd. (4,154.50, 8.2%) and Aditya Birla Lifestyle Brands Ltd. (81.67, 7.6%).

Top high volume losers on BSE were Cochin Shipyard Ltd. (1,202, -6.8%), Gallantt Ispat Ltd. (518.35, -4.7%) and Go Digit General Insurance Ltd. (252.90, -2.2%).

BEML Ltd. (2,112, 6.1%) was trading at 15.9 times of weekly average. Sun TV Network Ltd. (653.90, 7.2%) and IIFL Finance Ltd. (666.25, 6.3%) were trading with volumes 13.0 and 10.9 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

27 stocks hit their 52 week highs,

Stocks touching their year highs included - Adani Ports & Special Economic Zone Ltd. (1,907, -1.8%), Aurobindo Pharma Ltd. (1,827.50, -1.5%) and GAIL (India) Ltd. (189.90, 1.0%).

31 stocks climbed above their 200 day SMA including Netweb Technologies India Ltd. (4,154.50, 8.2%) and Coromandel International Ltd. (1,991, 6.0%). 10 stocks slipped below their 200 SMA including Prime Focus Ltd. (264.55, -5.4%) and Abbott India Ltd. (26,110, -2.1%).