Mumbai, Nov 12: The Indian benchmark indices opened in green zone on Wednesday, amid reports of an imminent India-US trade deal and exit polls in Bihar predicting decisive majority for NDA.

As of 9.25 am, Sensex advanced 496 points, or 0.59 per cent at 84,367 and Nifty inched up 147 points, or 0.58 per cent to 25,842.

The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 up 0.55 per cent and the Nifty Smallcap 100 adding 0.61 per cent.

Max Healthcare and Tech Mahindra were among the major gainers in the Nifty Pack, while losers included Maruti Suzuki and Trent.

All sectoral indices were trading in green except Nifty FMCG. mixed with most of them trading with mild negative bias. Nifty IT and Nifty Oil and Gas were the standout gainers — up 1.26 per cent and 0.95 per cent.

“With reports of an imminent India-US trade deal and exit polls showing the NDA winning Bihar, sentiments have improved. This will strengthen bulls but not enough to give markets a decisive breakout and sustained rally,” said market watchers.

Based on current trends, FIIs may sell again at higher levels till the AI trade continues, they added.

From the fundamental perspective, there is room for optimism since GDP growth is robust and earnings growth for FY27 appears bright. Financials, consumption and defence stocks have the potential to lead the next leg of the rally.

Most of the Asia-Pacific markets rose in early trading sessions after Wall Street traded mixed on hopes that the US government shutdown could be nearing an end, even as AI stocks struggled.

The US markets ended mixed overnight, as Nasdaq slipped 0.3 per cent, the S&P 500 added 0.18 per cent, and the Dow inched up 1.2 per cent.

In Asian markets, China’s Shanghai index dipped 0.23 per cent, and Shenzhen dipped 1 per cent, Japan’s Nikkei dipped 0.21 per cent, while Hong Kong’s Hang Seng Index advanced 0.56 per cent. South Korea’s Kospi jumped 0.84 per cent.

On Monday, foreign institutional investors (FIIs) sold equities worth Rs 803 crore, while domestic institutional investors (DIIs) were net buyers of equities worth Rs 2,188 crore.

Navi Mumbai: The APMC wholesale vegetable market saw an increase in tomato prices by over 30 percent in first week of November as compared to the prices in October 2025. According to the report, prices of tomatoes in October were sold in APMC at Rs 16 -20 per kg and have now increased to Rs 20-28 per Kg.

The supply of tomatoes have also reduced on Monday, as report by Loksatta stated that only 2238 quintals of tomatoes arrived in the APMC Market.

According to the report, traders said that cold weather and imbalance production of tomatoes led to the increase in price, adding that in the last few days, the supply of goods from Nashik, Pune and Nagar areas also reduced.

According to the report, farmers have cautioned about crop damage caused by unseasonal rainfall and the current cold weather, stating that there is a significant chance that the produced crop’s flowers and buds will fall.

Several other reports added that the price of green peas, cluster beans have also gone up. Price of green peas increased to Rs 280 per kg, cluster beans reached Rs 200 per kg while that of Tinda (Indian round gourd) have rised to Rs 50 for 250 grams.

According to Regional Meteorological Center,Mumbai, the climate in Pune, Nashik is expected to see dry climate till November 15. Indian Meteorological Department (IMD) Mumbai scientist Shubhangi Bhute added that, “there are no signs of unseasonal rainfall currently. With the northeasterly winds prevailing, the temperature will drop. The weather will be dry and skies will be clear.”

Mumbai, Nov 11: The Indian benchmark indices opened mildly in red on Tuesday, amid progress on the US shutdown bill and optimism regarding an India-US trade deal soon.

As of 9.25 am, the Sensex was down 177 points, or 0.21 per cent at 85,338 and the Nifty inched down 51 points, or 0.20 per cent to 25,523.

The broadcap indices performed better than benchmarks, with the Nifty Midcap 100 down only 0.09 per cent and the Nifty Smallcap 100 losing 0.06 per cent.

TCS, Tech Mahindra and Dr Reddy’s Labs were among the major gainers in the Nifty Pack, while losers included Bajaj Finance, Bajaj Finserv, Shriram Finance and Asian Paints.

Sectoral indices were trading mixed with most of them trading with mild negative bias. Nifty IT was the standout gainer up 0.31 per cent, while financial services, FMCG, Pharma and PSU Bank down 0.71 per cent, 0.49 per cent, 0.16 per cent and 0.57 per cent respectively.

“Nasdaq bounced back 2.2 per cent after the AI trade was weak last week. The return from AI stocks may take longer than expected, but there is no bubble in AI stocks, unlike the Tech bubble that crashed in 2000,” said market watchers.

They noted that Nasdaq PE was above 70 and many tech stocks were above 150 in March 2000, and AI stock PE valuations now range from 28 to 51, while Nasdaq’s PE is 32.

Most of the Asia-Pacific markets rose in early trading sessions on Tuesday tracking Wall Street gains on revived optimism regarding artificial intelligence stocks.

The US markets ended in the green zone overnight, as Nasdaq jumped 2.27 per cent, the S&P 500 added 1.54 per cent, and the Dow inched up 0.81 per cent.

In Asian markets, China’s Shanghai index lost 0.46 per cent, and Shenzhen dipped 0.67 per cent, Japan’s Nikkei added 0.43 per cent, while Hong Kong’s Hang Seng Index eased 0.29 per cent. South Korea’s Kospi jumped 1.38 per cent.

On Monday, foreign institutional investors (FIIs) sold equities worth Rs 4,889 crore, while domestic institutional investors (DIIs) were net buyers of equities worth Rs 1,787 crore.