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Nifty reclaims 24,500
Nov 5 2026 4:44PM
Indian equity benchmarks extended their winning streak to a fifth consecutive session on November 4, supported by a sustained decline in crude oil prices, renewed foreign fund inflows and strong domestic earnings. However, weak global cues and uncertainty surrounding the US midterm election outcome kept investors cautious.

At close, the Sensex was up 383.55 points or 0.50 percent at 77,301.40, and the Nifty was up 149.75 points or 0.63 percent at 23,960.60.

The broader indices ended higher and outperformed the main indices with Nifty midcap index adding 1.3 percent and smallcap index rising 2 percent.

Biggest Nifty gainers were Bharat Electronics, Titan Company, Adani Enterprises, Jio Financial, Max Healthcare, while losers included TCS, Infosys, HCL Technologies, Coal India and BSE Limited.

On the sectoral front Information Technology index shed 1.5%, while Media index up 5%, Metal & Realty up 2%, while consumer durables, oil & gas, energy, FMCG, up 1% each.

Among individual stocks, BHEL shares surged 6% on orders from Adani Power worth Rs 20,000-28,000 crore, MCX share price shed 5 percent despite better Q2 earnings, Linde India share price rose 10% post strong results.

Share price of Sai Silks (Kalamandir) added 8% despite weak results, while shares of GNG Electronics jumped 5.6% on strong September quarter earnings, while share of Sedemac Mechatronics fell 3% despite 17.7 percent profit spike.

Among other stocks, Global Health (Medanta) share price rose 6 percent after the hospital operator reported a 39.3 percent year-on-year rise in consolidated net profit.

Alembic Pharma shares added 11% as Q2 net profit jumps 81% and Chambal Fertilisers share price added 3 percent even net profit declined, while Awfis Space Solutions , Allcargo Terminals and JNK India added 5-9 post Q2 earnings.

The Indian rupee extended its winning run on fourth straight session on Wednesday, closing marginally higher at 94.64 against the US dollar on Wednesday, compared with the previous close of 94.74.

More than 100 stocks touched 52-week high, including Stocks of Emcure Pharma, Welspun Living, Bosch, Adani Ports, PVR INOX, Marico, Indian Hotels, Anand Rathi, Divis Labs, Zydus Life, among others.