Sensex edges up over 50 points, Nifty holds above 26,050; IT stocks stay firm

Indian markets began the week on an upbeat note on Monday, November 24, supported by a strong surge in IT and banking counters that lifted overall sentiment. However, automobile shares opened weak, dragging the sector into negative territory. Broader sectoral trends indicate a slightly positive bias, with strength led by IT and select financial names, reflecting a gradual improvement in risk appetite. Defensive and consumption-oriented pockets remain subdued, suggesting a cautious stance among investors. Overall market mood signals a shift toward growth-focused themes, though wider participation remains muted as traders evaluate the durability of the current upward momentum. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.