November 5, 2026: Indian equity markets extended their winning streak for the sixth consecutive session, with benchmark indices recording sharp gains amid positive global cues. The Sensex surged 2.6% to close at 79,310, while the Nifty advanced 2.4% to settle at 24,537. Gold and silver also ended higher, while the rupee strengthened against the US dollar.
Indian Stock Market Highlights
- Sensex Surges 2,009 Points, Nifty Gains 576 Points: The Sensex jumped 2,009 points, or 2.6%, to close at 79,310. The Nifty climbed 576 points, or 2.4%, to settle at 24,537 as buying momentum continued across domestic equities.
- Domestic Equity Markets Extend Winning Streak: Indian benchmark indices recorded gains for the sixth consecutive session, supported by positive global cues and renewed investor confidence.
- Gold Rises 1.8%, Silver Gains 0.6%: In the domestic bullion market, 24-carat gold increased 1.8% to ₹1,44,129 per 10 grams. Silver advanced 0.6% to ₹1,87,300 per kilogram, according to closing rates from the India Bullion and Jewellers Association.
- Asian Markets End Mixed; European Indices Trade Higher: South Korea’s Kospi fell 5.3%, Taiwan’s Taiex declined 3.2%, and Japan’s Nikkei 225 dropped 1.8%. In contrast, Hong Kong’s Hang Seng surged nearly 3.7%, while Singapore’s Straits Times index gained more than 0.5%. European indices traded higher.
- Crude Oil Prices Rebound: Brent crude rose 2.2% to $96.71 per barrel, while West Texas Intermediate crude gained 1.5% to $89.42 per barrel, recovering from steep losses in the previous session.
- Rupee Appreciates 18 Paise Against US Dollar: The Indian rupee strengthened 18 paise to close at ₹94.47 against the US dollar. The dollar index was trading at 101.56 during intraday trade.
- Wall Street Ends Higher on Technology Stocks: US markets closed higher in the previous session, supported by technology stocks and lower crude oil prices. The rally followed Democrats’ sweeping victory in the US midterm elections, which eased political uncertainty and improved investor risk appetite.
