Why did market rally today? Sensex ends 1,718 pts higher, Nifty reclaims 25,000 as D-Street concludes bump

The Economic Times · Debaroti Adhikary · 2026-11-06 05:18 UTC

In a surprising turn of events on Friday, both Sensex and Nifty soared by more than 2%, contrasting with the downturn seen in global markets. This upward movement was sparked by a historic influx of share purchases by foreign investors, emphasizing their belief in India's financial potential. Mahindra & Mahindra shone bright with robust earnings information, though broader markets faced challenges.

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Sensex jumped 1,718 points to close above 81,028 while Nifty gained around 494 points to close at 25,030 on Friday. The rally in benchmark indices came even as broader markets slipped into the red.

Sensex and Nifty extended gains for six consecutive sessions. This week alone, Sensex surged a whopping 6,569 points while Nifty skyrocketed nearly 9%. The rally has added nearly Rs 29 lakh crore to the total market capitalisation of all companies listed on BSE in just one week, pushing it above the Rs 500 lakh crore mark.

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