{
  "id": 19095635,
  "title": "Stock Market Rally Fizzles Out As Bears Take Control Of D-Street, Sensex Sheds 150 Points While Nifty Struggles Below 25,000",
  "url": "https://urgent.news/2026/11/09/stock-market-rally-fizzles-out-as-bears-take-control-of-d-street",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T04:08:34.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/stock-market-rally-fizzles-out-as-bears-take-control-of-d-street-sensex-sheds-150-points-while-nifty-struggles-below-25000"
  },
  "original_language": "en",
  "account": "On Monday, Indian stock markets experienced a dramatic shift, with the benchmark indices Sensex and Nifty losing early gains and descending into negative territory. Despite positive global signals and renewed interest from foreign investors, the BSE Sensex fell around 150 points, and the NSE Nifty slipped below the psychologically significant 25,000 level, even after opening on a bullish note.\n\nThe Sensex commenced trading at 81,327.29, up 327.89 points, or 0.40 percent. Similarly, the Nifty kicked off at 25,076.40, up 90 points, or 0.36 percent. However, the initial enthusiasm waned as trading continued, causing both indices to turn down.\n\nThe Diwali Rally, which had been gaining momentum, failed to sustain its strength, with the Sensex and Nifty failing to maintain their eight-year Muhurat Trading winning streak. Foreign Institutional Investor (FII) support was present, but the market rally did not hold. V K Vijayakumar, Chief Investment Strategist at Geojit Investments, credited the recent market surge to improved domestic and global conditions. He pointed to foreign investor buying, reasonable valuations, falling crude oil prices, reduced US bond yields, and stronger corporate earnings.\n\nSectoral performance showed mixed results, with banking stocks opening higher but the broader market turning negative. Nifty PSU Bank rose 0.60 percent, while Nifty Private Bank increased 0.62 percent. Nifty Metal climbed 0.26 percent, and Nifty Auto gained 0.10 percent. However, Nifty IT opened 0.38 percent lower.\n\nBroader market indicators were uneven, with the Nifty 100 initially gaining 0.33 percent and the Nifty Midcap 100 advancing 0.06 percent. Conversely, Nifty Smallcap 100 slipped 0.08 percent, suggesting a fragmented investor sentiment. Observing the broader market, the Nifty's capacity to regain the 25,000 mark held significance as a near-term market indicator.",
  "summary": "Mumbai: Indian stock markets witnessed a sharp reversal on Monday as benchmark indices Sensex and Nifty erased early gains and slipped into negative territory despite positive global cues and renewed foreign investor interest. The BSE Sensex declined around 150 points, while the NSE Nifty fell below the psychological 25,000 mark after opening higher. Opening Rally The Sensex began trading at…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}