{
  "id": 19149011,
  "title": "Nifty holds 25,000 after volatile session; PSU Banks surge 3.7%, IT drags",
  "url": "https://urgent.news/2026/11/09/nifty-holds-25-000-after-volatile-session-psu-banks-surge-3-7-it-drags",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T12:02:26.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/nifty-holds-25000-after-volatile-session-psu-banks-surge-37-it-drags/article71682374.ece"
  },
  "original_language": "en",
  "account": "The BSE and Nifty indices both closed slightly higher on Monday after a volatile trading session, with the Sensex closing at 81,106.65 and the Nifty at 25,044.65. Investors opted for selective buying rather than widespread profit-taking following last week's nearly 8.5% rally. PSU Banks led the gainers, surging 3.7%, while IT stocks dragged the market down by over 1.2%. The IT sector's decline was attributed to ongoing global concerns around AI-related capital expenditure. The BSE noted that 1,757 stocks advanced compared to 2,517 that declined. Analysts suggested that consolidation would be healthy for the market following the sharp rally, and foreign investors have pumped over $4.1 billion into Indian equities in November. Bank Nifty outperformed, closing above 59,700 and breaking out of a four-month range. HSBC upgraded India to overweight from neutral, citing strong credit growth, resilient earnings, and support for the currency.",
  "summary": "The Sensex ended at 81,106.65, up 107.25 points or 0.13%, while the Nifty settled at 25,044.65, gaining 58.25 points or 0.23%",
  "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."
}