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Ahead of Market: 10 Things that Will Decide Stock Market Action on Friday

  • On Thursday, November 5, 2026, the BSE Sensex rallied 2,008.61 points to 79,310.01, while the NSE Nifty surged 576 points to 24,536.60 amid sharp declines in crude oil prices and hopes for West Asia conflict resolution.
  • American voters handed the Democratic Party control of the US Congress on Tuesday, November 4, 2026, dealing a political setback to President Donald Trump; Brent crude prices plummeted to $94, easing geopolitical risk premiums.
  • Foreign Institutional Investors bought equities worth ₹7,284.03 crore on Wednesday, November 4, 2026, while total BSE-listed market capitalization surpassed ₹500 lakh crore for the first time. Bank Nifty rose 3.33%, broadening the rally beyond defensive stocks.
  • The rally extended a six-session winning streak, with the Sensex gaining 6,063.98 points, or 8.27%, marking the longest such run in a year. Year-to-date losses narrowed to 7.4% for the Sensex and 6.5% for the Nifty.
  • By Friday, November 6, global markets faced renewed volatility as the Nasdaq Composite tumbled 5.52%. V K Vijayakumar, Chief Investment Strategist at Geojit Investments, noted that "FII buying will continue in the changed global market construct," supporting domestic resilience.
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Reuters broke the news in London, United Kingdom on Tuesday, November 3, 2026.
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