Bulls light up D-Street as Sensex gains 1,718 pts, Nifty above 25,000

The Indian share market extended their gains for the seventh straight session on Friday, despite a sharp overnight sell-off on Wall Street led by concerns over tighter AI regulations.At close, the Sensex was up 1,718.01 points or 2.17 percent at 81,028.02, and the Nifty was up 493.75 points or 2.01 percent at 25,030.35.Falling crude oil prices, sustained foreign fund inflows, encouraging corporate earnings and a strengthening rupee supported domestic market sentiment Meanwhile,gains in IT, pharma, private banking and healthcare stocks offering some support. However, metal, realty, chemical, oil and gas, FMCG and cement stocks faced notable selling pressure.
For the week, the Sensex and Nifty rallied around 8 percent each, marking their biggest weekly gains in six years. However, for Samvat 2082, the Nifty declined 2.6 percent, while the Sensex shed 3.5 percent.The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain open for a special Muhurat trading session on Sunday, November 8, 2026, to mark Diwali Laxmi Pujan, according to agency reports.
ICICI Bank, M&M, HDFC Bank, Titan Company and Axis Bank were the top gainers on the Nifty, while losers included Eicher Motors, Power Grid Corporation, Bharat Electronics, Adani Enterprises and Tata Motors Passenger Vehicles.On the sectoral front,energy, media and realty declined 0.9-1.5 percent, while consumer durables, Nifty Bank, pharma and private banks gained 1-3 percent.The broader markets underperformed the benchmark indices, with the Nifty Midcap index ending marginally lower and the Smallcap index declining 0.8 percent.
Rupee Close:
On 6 Nov'26,the Indian rupee surged 52 points to close at 93.89 (provisional) against the U.S. dollar on Friday, as a softer U.S. dollar coupled with declining crude oil prices and easing concerns over import costs supported investor sentiments.Forex traders said a surge in domestic markets and fears of a slowdown in AI spending also supported the rupee.
Trading Guide:
Market experts recommended APL Apollo Tubes, Lenskart, and Anthem Biosciences Limited as the top stocks to buy on Friday.

(Business Correspondent)