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.
48 Articles
48 Articles
A market meltdown in Asia, a Diwali party on Dalal Street
While Asia is nursing an AI hangover, Dalal Street is celebrating Diwali early. Foreign investors are back with their wallets open, earnings are adding to the cheer and large-caps are stealing the show. But is this party just getting started, or could the global gloom spoil the fun?
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets staged a powerful rally, with Sensex jumping 2,009 points and Nifty gaining 576 points. Improved global sentiment, easing crude prices, US midterm election results, foreign investor buying and strong Q2 earnings lifted market capitalisation above Rs 500 lakh crore.
Dalal Sreet Soars: BSE jumps 2,009 points, NSE tops 24,500; Falling crude, FII buying, US poll verdict add Rs 7 lakh cr
MUMBAI — Indian equity markets staged one of their most powerful single-day rallies in recent months on November 5, as benchmark indices posted explosive gains and added nearly Rs 7 lakh crore to the total market capitalisation of BSE-listed companies. The 30-share BSE Sensex surged 2,008.61 points, or 2.60 per cent, to settle at 79,310.01, while the broader NSE Nifty 50 jumped 576 points, or 2.40 per cent, to close at 24,536.60. A powerful conv…
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