Indian equity benchmarks maintained upward bias throughout the day and ended around half percent higher on Monday following an across-the-board rally and strong quarterly performance by corporates. Investors also cheered fresh support measures from the Reserve Bank of India for exporters hit by recent tariff disruptions.

Some of the important factors in trade:

India, Canada FTA talks resumption: Commerce and Industry Minister Piyush Goyal has said all possibilities are on the table regarding the resumption of free trade agreement (FTA) negotiations with Canada.  

Venezuela interested in expanding economic engagement with India beyond oil sector: Ministry of Commerce & Industry in its latest notification has said that Venezuela has expressed interest in expanding economic engagement with India beyond the oil sector, including cooperation in critical minerals and attracting Indian investment.

Foreign fund outflows: Foreign institutional investors (FIIs) remained net sellers for the fifth day in a row and offloaded equities worth Rs 4,968.22 crore on Friday, according to exchange data. 

Auto stocks in watch: The SIAM has said that robust festive demand aided by price cuts owing to GST rate rejig led to record passenger vehicle, two and three-wheeler dispatches from companies to dealers in October. Total passenger vehicle wholesales in October 2025 rose to 4,60,739 units, an increase of 17 per cent compared with 3,93,238 units in October last year.

Global front: European markets were trading lower as investors awaited more economic data in the coming days for fresh insights into the U.S. economic and rate outlook. Asian markets settled mixed as investors braced for a barrage of U.S. economic data and a spat over Taiwan threatened ties between China and Japan. 

Finally, the BSE Sensex rose 388.17 points or 0.46% to 84,950.95 and the CNX Nifty was up by 103.40 points or 0.40% to 26,013.45.  

The BSE Sensex touched high and low of 84,988.09 and 84,581.08 respectively. There were 20 stocks advancing against 10 stocks declining on the index.   

The broader indices ended in green; the BSE Mid cap index rose 0.66%, while Small cap index was up by 0.59%.

The top gaining sectoral indices on the BSE were Auto up by 0.86%, Power up by 0.83%, Bankex up by 0.77%, Consumer discretionary up by 0.70% and PSU up by 0.68%, while there were no losing sectoral indices on the BSE. 

The top gainers on the Sensex were Eternal up by 1.94%, Maruti Suzuki up by 1.34%, Kotak Mahindra Bank up by 1.26%, Mahindra & Mahindra up by 1.11% and Tech Mahindra up by 1.06%. On the flip side, Tata Motors Passenger down by 4.83%, Ultratech Cement down by 0.70%, Asian Paints down by 0.67%, Bharat Electronics down by 0.57% and Tata Steel down by 0.43% were the top losers.

Meanwhile, with an aim to support exporter amid high US tariffs, the Reserve Bank of India (RBI) has permitted exporters to bring proceeds of their shipments in 15 months as against the prevailing timeframe of 9 months. The changes have been made following amendments to the Foreign Exchange Management (Export of Goods & Services) Regulations. The US imposed a 50% tariff on goods from India in August, since then exporters have been facing issues due to the steep tariffs. Currently, the value of goods or software exports made by exporters is required to be realised fully and repatriated to the country within a period of 9 months from the date of export.

Earlier in November, the government approved two schemes with a combined outlay of over Rs 45,000 crore for exporters. The schemes are aimed at boosting the country's outbound shipments and enhancing the competitiveness of domestic goods in the global markets. The government approved the Export Promotion Mission and the Credit Guarantee Scheme with an outlay of Rs 25,060 crore and Rs 20,000 crore, respectively.

During the April-September period of 2025, India’s cumulative exports (merchandise & services) grew 4.45% to $413.30 billion as compared to $395.71 billion for the same period of 2024. During the same period, the country’s merchandise exports rose 3.01% to $220.12 billion as compared to $213.68 billion for the same period of last year. The estimated value of service exports during April-September 2025 is $193.18 billion as compared to $182.03 billion in April-September 2024.

CNX Nifty touched high and low of 26,024.20 and 25,906.35 respectively. There were 33 stocks advancing against 17 stocks declining on the index.    

The top gainers on Nifty were Eternal up by 1.93%, Tata Consumer Product up by 1.83%, Max Healthcare Inst up by 1.73%, Eicher Motors up by 1.70% and Maruti Suzuki up by 1.31%. On the flip side, Tata Motors Passenger down by 4.74%, Ultratech Cement down by 0.83%, JIO Financial Services down by 0.78%, Asian Paints down by 0.72% and HDFC Life Insurance Company down by 0.70% were the top losers.

European markets were trading lower; UK’s FTSE 100 decreased 13.17 points or 0.14% to 9,685.20, France’s CAC fell 38.09 points or 0.47% to 8,132.00 and Germany’s DAX lost 144.75 points or 0.61% to 23,731.80.