India’s Sensex and Nifty 50 each rose more than 1% on Wednesday, Nov. 11, even as premarket reports gave conflicting readings on GIFT Nifty’s indication for the opening.
At 11:30 p.m. ET Tuesday (10 a.m. IST Wednesday), the indexes stood at 82,301.40 for the Sensex and 25,361.40 for the Nifty 50. Business Standard reported gains of 1,194.75 points (1.47%) and 316.75 points (1.26%), respectively.
Premarket accounts differed. Financial Express put GIFT Nifty at 25,322.50, down six points, or 0.02%. The Economic Times described the indicator as marginally higher but signaling a muted open. The reports did not provide a shared timestamp or comparison baseline.
At 10:54 p.m. ET Tuesday (9:24 a.m. IST Wednesday), Business Standard reported that the Nifty Bank and Nifty Financial Services indexes were each up 1.5%. The Economic Times separately reported buying in auto shares and said pharma, health care and real estate stocks lagged.
An earlier regional snapshot, at 9:25 p.m. ET Tuesday (11:25 a.m. Tokyo Wednesday), showed mixed moves, according to The Economic Times: Japan’s Topix gained 0.7% and Australia’s S&P/ASX 200 rose 0.2%, while Hong Kong’s Hang Seng fell 0.6% and the Shanghai Composite declined 0.2%.
The National Stock Exchange of India (NSE) listed Tuesday, Nov. 10, as a Diwali-Balipratipada market holiday and scheduled Muhurat Trading for Sunday, Nov. 8. NSE data puts the Nifty 50’s Nov. 9 close at 25,044.65.
