Synopsis : Indian stock markets opened the week on a high note with Sensex climbing over 400 points, driven by strong gains in IT majors like Infosys, HCL Tech, and TCS. Meanwhile, Lenskart’s market debut disappointed investors, with the stock plunging nearly 10% intraday despite an optimistic market tone.
Stock Market LIVE : IT Stocks Power Sensex Rally, Lenskart Faces a Weak Debut
Indian equity markets traded higher on Monday, buoyed by robust buying in technology stocks and positive cues from global peers. The BSE Sensex jumped 367 points to 83,583, while the Nifty 50 climbed 111 points to settle at 25,603, marking a steady start to the week’s trading session.
Infosys, HCL Tech, and TCS emerged as the top gainers on the Sensex, each surging up to 2%. The IT rally added momentum to the broader market, with the Nifty IT index advancing 2%, followed by the Nifty Metal index, which edged higher by 0.7%.
Key Gainers and Sectoral Movers
Apart from the IT pack, stocks like Asian Paints, L&T, Bharti Airtel, Tech Mahindra, RIL, ITC, Tata Motors PV, and HDFC Bank provided additional lift to market sentiment.
However, selling pressure in Trent (down 7%), Power Grid, M&M, NTPC, and Maruti Suzuki limited the overall upside. Despite these declines, market breadth remained positive, with Nifty MidCap gaining 0.37% and Nifty SmallCap adding 0.35%.
Market analysts attribute the optimism to strong global signals and sectoral rotation into IT and FMCG counters after a period of consolidation.
Lenskart Listing : A Slippery Start
In a much-awaited debut, eyewear retailer Lenskart listed on the bourses today, November 10, 2025. Despite high expectations, the stock opened 3% lower than its issue price and further plunged nearly 10% intraday, as investors booked early profits amid valuation concerns.
Analysts noted that while Lenskart’s business fundamentals remain strong, its premium pricing and current market volatility may have contributed to the initial sell-off.
Global Market Pulse
Asian equities mirrored Wall Street’s positive momentum, with Japan’s Nikkei, South Korea’s Kospi, and Hong Kong’s Hang Seng posting solid gains.
Traders remain focused on upcoming US inflation data and corporate earnings, which could set the tone for global equity movements in the coming sessions.
Market Outlook
Experts believe the IT rally could extend further, supported by strong earnings and renewed investor interest in export-oriented sectors. However, they caution that profit booking may surface at higher levels, particularly ahead of key macroeconomic data releases.
Disclaimer : This article is for informational and educational purposes only. It should not be considered financial or investment advice. Readers are encouraged to consult a certified financial advisor before making any investment decisions or trading in the stock market.
