Indian benchmark indices ended the week and Samvat 2082 on a strong note, with the Sensex and Nifty surging more than 8%, marking their biggest weekly gains in six years. The rally was driven by strong corporate earnings, renewed FII buying, a sharp fall in crude oil prices, easing US Treasury yields, and a stronger rupee.
Benchmark Indices
BSE Sensex: ↑ 6,568.49 points (+8.82%) to 81,028.02
Nifty 50: ↑ 1,977.25 points (+8.57%) to 25,030.35
Samvat 2082 Performance
Nifty 50: ↓ 2.6%
Sensex: ↓ 3.5%
Broader Markets
Nifty Midcap 100: ↑ 5.7%
Top Gainers: Ashok Leyland, Kalyan Jewellers India, Motilal Oswal Financial Services, 360 ONE WAM, Godrej Properties, Dixon Technologies, Suzlon Energy, Hindustan Petroleum Corporation, GMR Airports, L&T Finance, Yes Bank, Patanjali Foods, Glenmark Pharma, Billionbrains Garage Ventures, Marico, Prestige Estates Projects, Indian Renewable Energy Development Agency.
Nifty Smallcap 100: ↑ 2.7%
Top Gainers: Piramal Finance, IIFL Finance, Affle 3i, Inox Wind, Angel One, ITI, Sai Life Sciences, The Ramco Cements, Gujarat Mineral Development Corporation, Jyoti CNC Automation, Manappuram Finance, Crompton Greaves Consumer Electrical, IFCI.
Key Losers: Great Eastern Shipping Company, Netweb Technologies India, Aptus Value Housing Finance India, Welspun Corp.
Sector Performance
All sectoral indices ended in the green.
Capital Markets: ↑ 10%
Financial Services: ↑ 10%
Realty: ↑ 10%
Consumer Durables: ↑ 10%
Oil & Gas: ↑ 9%
Auto: ↑ 9%
Private Bank: ↑ 9%
Market Capitalisation
Total BSE market capitalisation increased by ₹28.69 lakh crore.
Top Wealth Creators: Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance.
Major Wealth Eroders: Power Grid Corporation of India, Infosys, Tata Consultancy Services (TCS).
Institutional Activity
FIIs: Bought equities worth ₹45,960.02 crore, extending their buying streak to 2 consecutive weeks.
DIIs: Turned net sellers, selling equities worth ₹24,196.52 crore.
Rupee
The Indian rupee appreciated 1.1% (104 paise) against the US dollar to close at 93.91 on November 6, compared with 94.95 in the previous week. It marked the rupee’s strongest closing level since April 22.
