India’s Benchmarks Rally as FII Backing Returns and Tech Stocks Lead

India’s Sensex and Nifty rally on returning FII flows and tech-stock strength; breadth remains selective.

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India’s Benchmarks Rally as FII Backing Returns and Tech Stocks Lead

India’s Benchmarks Rally as FII Backing Returns and Tech Stocks Lead
India’s primary equity indices surged on 20 November as heavy foreign institutional investor (FII) flows returned and key technology stocks led the advance. The Nifty 50 crossed the 26,000 mark and the Sensex climbed around 500 points, with IT firms being top gainers. 
Analysts suggest renewed global appetite for growth stocks and improved risk sentiment boosted markets, but caution remains over whether the rally has broad-based support beyond large-cap tech.
Companies:
  • Infosys
  • TCS
  • HCL Technologies
Tags:
  • markets
  • india