Indian stock indices open higher on positive global cues:Sensex up 100 points, Nifty rise 50 points in early trading, with IT, bank stocks leading gains

The stock market is trading higher on November 24. The Sensex has risen about 100 points to reach 85,300, while the Nifty is up nearly 50 points, trading around 26,100. IT and banking stocks are leading today’s gains, whereas energy and auto stocks are seeing declines. Meanwhile, Supriya Pharma’s IPO is in its second day, and retail investors can apply until November 25. Global Markets Rise Asia: US: Foreign Investors Sold ₹13,840 Crore Worth of Shares in November Foreign institutional investors (FIIs) continued selling in November. On Friday alone, they offloaded ₹1,766 crore. Overall, FIIs have sold shares worth ₹13,840 crore so far this month, compared to ₹2,346 crore in October. Markets Witnessed a Downturn Last Week Last week, the market ended on a weak note. On Friday, November 21, the Sensex closed 401 points lower at 85,232, while the Nifty slipped 124 points to 26,068.