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India stock benchmarks begin November on positive note after October rally

India’s stock market opened November quietly, led by PSU banks, as investors await global cues and analyse earnings results.
India’s major stock indices started November with stability, trading flat after a strong October rally. The Nifty 50 edged up 0.1% to 25,747.45 and the BSE Sensex rose 0.02% to 83,956.75. Broad-based gains were led by PSU banks (+1.5%) amid reports of increased foreign investment limits. Private banks and IT stocks dropped around 0.4%. Earnings surprises drove some stock-specific moves — one finance firm jumped over 5% after a strong result, while another slipped after a year-on-year profit drop. Analysts expect consolidation with global cues and earnings in focus.