Indian equity benchmarks closed sharply higher on Friday, November 6, extending their winning run to a seventh straight session despite a severe overnight sell-off in global markets. The BSE Sensex settled 1,718.01 points, or 2.17 per cent, higher at 81,028.02, while the NSE Nifty 50 rose 493.75 points, or 2.01 per cent, to close at 25,030.35, The Hindu BusinessLine reported in its closing-bell update.
Source: The Hindu BusinessLine
The close capped a powerful week on Dalal Street. Over the week, the Sensex zoomed close to 9 per cent and the Nifty close to 8 per cent, The Hindu BusinessLine said, while ANI described the Dhanteras session as a bonanza for investors, with the Sensex surging over 1,700 points and the Nifty closing above 25,000 against the previous close of 79,310.01 and 24,536.60 respectively.
Source: ANI via Indian Economic Observer
The rally built on the morning's recovery, when the indices had opened almost flat and then climbed back above 24,600 on the Nifty as IT stocks defied the global rout. By 3 pm on Friday the Sensex had zoomed 1,309.41 points to 80,619.42 before a final push took it to its closing high; the index crossed the 80,000 mark in intraday trade for the first time since March 5, 2026.
The gains came even as Wall Street suffered a steep fall overnight, with the Nasdaq tumbling 5.52 per cent, the S&P 500 falling 4.36 per cent and the Dow Jones dropping 3.45 per cent amid a broad unwinding of artificial-intelligence and semiconductor trades, The Hindu BusinessLine reported. Bloomberg, cited by the paper, said Indian stocks were on track for their strongest weekly performance in more than five years, supported by overseas inflows and a recovery in earnings growth.
Among Nifty stocks, Mahindra & Mahindra led the gainers with a 3.55 per cent rise to Rs 3,238.50, followed by Titan, up 2.52 per cent to Rs 4,956.30, and HDFC Bank and ICICI Bank, each up 2.43 per cent. NTPC rose 2.06 per cent. On the losing side, Shriram Finance fell 2.42 per cent, Eicher Motors declined 1.76 per cent, Tata Motors (TMPV) dropped 1.67 per cent, Hindalco shed 1.48 per cent and BEL lost 1.35 per cent, The Hindu BusinessLine reported.
Provisional exchange figures reported in market coverage put foreign investors' net buying at about Rs 14,975 crore on Thursday, November 5 — described as their largest single-day net purchase of 2026 — providing a key support to the rally. The rupee also strengthened, surging 52 paise to close at 93.89 (provisional) against the US dollar.
Source: The Hindu BusinessLine
What happens next: traders will watch whether foreign buying sustains into the new week and whether the benchmarks can hold above the 81,000 and 25,000 levels they reclaimed on Friday, with quarterly results from major companies due over the coming days.