Indian Markets Rebound: PSU Banks and Realty Stocks Lead the Charge
After two consecutive sessions of decline, Indian equity benchmarks closed higher on Monday, driven by gains in public sector banks and real estate stocks.
Indian MarketsPsu BanksReal Estate StocksNifty 50Bse SensexReal Estate MumbaiNov 03, 2025
The BSE Sensex closed 39.78 points, or 0.05 percent, higher at 83,978.49, after hitting an intraday high of 84,127. Similarly, the NSE Nifty 50 advanced 41.25 points, or 0.16 percent, to 25,763.35, recovering from early weakness.
Analysts noted that the Nifty oscillated between 25,700 and 25,800, demonstrating resilience after briefly dipping below its October 24 low of 25,718. 'The 25,660–25,700 zone once again proved to be a strong demand area,' analysts said, adding that the index maintained a constructive tone ahead of key global data releases.
The session’s uptrend was largely powered by gains in public sector banks and real estate stocks. The Nifty PSU Bank index rose 1.92 percent, led by Bank of Baroda, which surged 5 percent. Other gainers included Canara Bank, Bank of Maharashtra, Bank of India, and Indian Bank.
The Nifty Realty and Nifty Metal indices also climbed up to 2 percent each, showing renewed sectoral momentum. In contrast, FMCG, Private Bank, and IT indices slipped by as much as 0.4 percent, limiting broader market gains.
Among Sensex constituents, Maruti Suzuki was the top loser, falling over 3 percent, followed by Titan Company, BEL, TCS, ITC, NTPC, Bajaj Finserv, Tata Steel, and Tech Mahindra.
Meanwhile, Mahindra & Mahindra, SBI, Tata Motors Passenger Vehicles, and HCL Tech were the leading gainers.
The Nifty MidCap and SmallCap indices rose 0.77 percent and 0.72 percent, respectively, signaling sustained investor confidence beyond large-cap stocks.
Market experts said that despite cautious global cues, domestic equities showed strength on selective buying. “The market ended marginally higher as profit booking emerged at higher levels due to the lack of fresh triggers,” analysts noted.
They added that broader market resilience was driven by stock-specific action and strong quarterly earnings, keeping investor sentiment buoyant in the short to medium term.
Frequently Asked Questions
What happened to the Indian equity benchmarks on Monday?
After two consecutive sessions of decline, the BSE Sensex and NSE Nifty 50 closed higher on Monday, driven by gains in select sectors.
Which sectors led the market recovery?
Public sector banks and real estate stocks were the primary drivers of the market recovery, with the Nifty PSU Bank index rising 1.92 percent and the Nifty Realty index climbing up to 2 percent.
How did the broader market indices perform?
The Nifty MidCap and SmallCap indices rose 0.77 percent and 0.72 percent, respectively, indicating sustained investor confidence beyond large-cap stocks.
Which Sensex constituents were the top gainers and losers?
Mahindra & Mahindra, SBI, Tata Motors Passenger Vehicles, and HCL Tech were the leading gainers, while Maruti Suzuki, Titan Company, BEL, TCS, ITC, NTPC, Bajaj Finserv, Tata Steel, and Tech Mahindra were the top losers.
What factors contributed to the market's resilience?
Market resilience was driven by selective buying, strong quarterly earnings, and stock-specific action, despite cautious global cues.
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