Research
Periodic Report
Vodafone Idea Narrows Loss; CarTrade Eyes CarDekho Deal; IndiGo Ties Up with China Southern
Vodafone Idea Narrows Loss; CarTrade Eyes CarDekho Deal; IndiGo Ties Up with China Southern
Written by - Fisdom Research
Array
November 11, 2025
2 minutes
Array
Market Snapshot
Indian equities extended gains for the second straight session on November 11, with the Nifty closing near 25,700 amid optimism over progress on the US government funding bill and prospects of a US–India trade deal.
The market opened firm tracking positive global cues but slipped into the red during the first half as investors turned cautious following recent geopolitical tensions.
Renewed buying in auto, metal, and IT stocks during the afternoon trade helped indices recover losses and finish the day near their highs.
Overall, sentiment remained buoyed by improving global risk appetite despite early volatility in the session.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY IT
1.2
NIFTY PRIVATE BANK
0.4
NIFTY AUTO
1.1
NIFTY FMCG
0.3
NIFTY METAL
0.7
NIFTY CHEMICALS
0.3
NIFTY OIL & GAS
0.6
NIFTY PHARMA
-0.1
Top News
Vodafone Idea surged over 6% on November 11 after posting a narrower Q2 FY26 net loss of ₹5,524 crore, its lowest in 19 quarters, driven by an improved mix of 4G and 5G subscribers.
CarTrade Tech rallied more than 5% following confirmation that the company is in talks to acquire rival CarDekho, signaling possible consolidation in the online auto marketplace space.
InterGlobe Aviation (IndiGo) gained around 4% after signing an MoU with China Southern Airlines to launch a codeshare and cooperation partnership, aimed at enhancing connectivity between India and China pending regulatory approval.
