Sensex Today | Stock Market Highlights: Sensex, Nifty rebound 1% from lows as financials, midcaps drive recovery

Sensex Today | Stock Market Highlights

The equity benchmarks staged a sharp intra-day recovery on Friday, November 7. The Sensex and Nifty closed about 1% higher from their lows, supported primarily by gains in financial and midcap stocks.

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Expert Insights

“NBFCs as a segment are also definitely a beneficiary of a lower rate cut environment, and also a recovery of consumption can be played through NBFCs, because a lot of the NBFCs are consumer-focused as well. So NBFC is definitely what we like as a theme.”
“From within the bank, if you ask me, the pecking order would be the tier two banks, from your stock market perspective, will outperform the top two banks, so number three and number four will probably do better than number one and number two within the banking side.”
“India is a buy-on-dip market. So, any dips in the market, definitely one should be buying it.”
“I have been positive on Vedanta for quite some time, and I have also mentioned that if you are a bit aggressive investor, Vedanta is the stock in the metal space for you. Yes, the aluminium overall is a very hot sector, and that is contributing significantly to Vedanta’s overall performance.”

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Author's Summary

The market showed resilience with financials and midcaps driving a 1% rebound from lows, highlighting opportunities in NBFCs, tier two banks, and metals like Vedanta.

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CNBCTV18 CNBCTV18 — 2025-11-07

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