Market snapshot
Nifty 5024,536.60+2.40%
Sensex79,310.01+2.60%
Bank Nifty57,773.65+3.33%
Previous close · 5 Nov 2026 · Nifty has risen for 6 straight sessions — a streak that long has occurred 24 times across the last 1,293 sessions.
Yesterday, Indian equities surged to their best session in seven months, fueled by a sharp drop in crude oil prices and robust foreign institutional inflows. The rally marked the sixth consecutive session of gains for both the Nifty 50 and BSE Sensex. The inflows were the largest in nearly six years, as global investors rotated funds out of AI-related trades. However, a cautious mood prevailed overnight as global markets tumbled, with U.S. tech stocks leading the sell-off, raising concerns about potential profit-booking in Indian markets.
The big story
Indian stocks set for pullback after sharp rally on oil slide, foreign inflows
FIIs bought stocks worth ₹150 billion, marking the largest single-day net purchase in nearly six years.
News
India's renewable energy sector has saved the country $100 billion in fuel imports, according to a report by the International Energy Agency.
India's clean energy lender is seeking global partnerships to secure cheaper funding for green projects, as reported by Yahoo Finance.
India is close to finalizing a deal worth $700 million to $800 million with the Philippines for the sale of BrahMos supersonic cruise missiles, according to sources cited by Reuters.
The Telecom Regulatory Authority of India has proposed a new authorization category for satellite network providers to enhance the country's satcom market.
Antala Industries' IPO was subscribed 12.2 times on its final day, with a listing expected next week.
Stocks Updates
Physicswallah: completed the first three tranches of the acquisition and currently holds 75.50% of the equity share capital of Utkarsh Classes.
Jupiter Wagons: received an order from Balmer Lawrie and Company Limited for the supply of 3 Railway Rakes-BFNS22.9T Wagons and Brake Van, with an aggregate order value of approximately INR 61 crore.
Prime Focus: further acquired 31,18,865 equity shares in Ánima Kitchent Canarias, S.L., increasing its shareholding by 2.41%.
FSN E-Commerce Ventures: approved the acquisition of 82% equity stake in Simply Nam Beauty Private Limited for a consideration of up to INR 33 Crores.
HEG Advanced Materials: to serve this demand, construction of the Phase I 20,000 MT anode materials facility has reached 61% overall progress, with the process building at 72.25 COD planned for June 2027.
Krishna Institute of Medical Sciences: approved the scheme of amalgamation of its wholly-owned subsidiary KIMS Hospitals Private Limited with itself.
Aditya Infotech: acquired a 30% stake in KGraph AI Solutions Private Limited for a cash consideration of ₹45,38,85,993.60.
FSN E-Commerce Ventures: approved the acquisition of 82% equity stake in Simply Nam Beauty Private Limited for a consideration of up to INR 33 Crores.
FII / DII activity
FIIBought ₹14,974.68 Cr
DIISold ₹10,444.54 Cr
FIIs bought ₹14,974.68 Cr, DIIs sold ₹10,444.54 Cr today.
Market breadth
Nifty 500
Advances359
Declines139
A/D ratio2.58
Broad participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
Auto+4.14%
Fin Services+3.99%
Realty+3.52%
Bank+3.33%
PSU Bank+3.13%
IT+2.42%
Pharma+1.00%
Metal+0.87%
Infra+0.62%
FMCG+0.45%
Energy-0.52%
Media-0.84%
Leaders: Auto, Fin Services · Laggards: Media, Energy
Top gainers and losers
Gainers
UNOMINDA₹1,335.00+11.54%
ASHOKLEY₹170.21+10.50%
MOTILALOFS₹1,095.00+8.09%
BAJFINANCE₹1,070.00+7.65%
PATANJALI₹410.70+6.98%
Losers
PIIND₹1,770.00-19.07%
CUMMINSIND₹4,058.90-14.11%
SOLARINDS₹18,520.00-4.50%
OIL₹439.75-3.98%
CGPOWER₹808.80-3.88%
Commodities & forex
🪙 Gold (10g)₹1,43,970.00+0.51%
🥈 Silver (1kg)₹1,86,901.00-0.44%
USD/INR94.52-0.25%
Global cues
S&P 5007,353.73-4.36%
Nasdaq24,315.00-5.52%
S&P 500 futures7,383.00-4.37%
Nasdaq futures26,752.00-6.35%
U.S. stocks slid as the AI rally hit a wall, according to the Wall Street Journal.
The Nasdaq sell-off impacted Asian chip stocks, with companies like SK Hynix, Samsung, Softbank, and TSMC tumbling, CNBC reports.
The Dow plunged 1,800 points, erasing gains from the midterm results rally, as reported by 6abc Philadelphia.
Nvidia and Qualcomm dropped more than 9%, contributing to the Nasdaq's worst day since April 2025, CNBC notes.
The 10-year Treasury yield fell as traders exited tech stocks and looked ahead to jobs data, CNBC reports.
The Nasdaq is set to confirm a correction amid mounting worries over AI spending, according to Reuters.
Wall Street faced a $2.5 trillion AI reality check with a historic rout of tech stocks, the Wall Street Journal reports.
The Nasdaq experienced its worst day in 18 months as investors bet on an AI slowdown following the Democrats' election triumph, The Guardian reports.
Technical levels
Nifty support24,361.97 / 24,187.33
Nifty resistance24,645.57 / 24,754.53
Bank Nifty support57,045.35
Bank Nifty resistance58,174.80
Nifty is in sideways trend. Trading above 200 DMA indicates medium-term strength. Short-term trend is positive.
Corporate actions
Upcoming dividends
Ramkrishna Forgings
Interim dividend ₹2.00/sh · ex 6 Nov
Power Grid Corporation of India
Interim dividend ₹3.00/sh · ex 6 Nov
Info Edge (India)
Interim dividend ₹3.00/sh · ex 6 Nov
Earnings calendar
Anupam Rasayan India Limited2026-11-06
Aster DM Quality Care Limited2026-11-06
Azad Engineering Limited2026-11-06
Bosch Limited2026-11-06