Share Market Today: Nifty Surges 576 Points to 24,536; Sensex Jumps 2,009 Points as Auto and Financial Stocks Lead Rally

Indian markets rallied sharply on Thursday, with Nifty surging 576 points to 24,536 and Sensex jumping 2,009 points as strong buying in Auto, Financial Services and Realty stocks lifted sentiment, while Bank Nifty gained 3.33% and Energy emerged as the weakest sector.

Share Market Today: Nifty Surges 576 Points to 24,536; Sensex Jumps 2,009 Points as Auto and Financial Stocks Lead Rally
Liquide Market Analysis 05 Nov 2026

Indian Stock Market Today |Indian benchmark indices ended sharply higher on Thursday, 5 November 2026, extending their winning streak for a sixth consecutive session. Strong buying in Financial Services, Auto, Realty and IT stocks supported the rally, while Energy remained under pressure.

The Nifty 50 surged 576.00 points, or 2.40%, to close at 24,536.60, while the Sensex jumped 2,008.61 points, or 2.60%, to settle at 79,310.01. Bank Nifty advanced 1,860.05 points, or 3.33%, to close at 57,773.65.

Auto (+4.14%) emerged as the strongest-performing sector in the supplied heatmap, followed by Financial Services (+3.99%), Realty (+3.52%) and IT (+2.42%). Energy (-0.52%) was the weakest sector.

Bajaj Finance (+7.65%), Shriram Finance (+6.08%) and Mahindra & Mahindra (+5.59%) led gains in the supplied stock snapshot, while Apollo Hospitals (-2.66%), ONGC (-2.13%) and NTPC (-1.63%) were among the major losers.

The rally was supported by a sharp decline in crude oil prices, renewed foreign investor interest and optimism following the US midterm election results.


At the Closing Bell:

  • Nifty 50: 24,536.60, up 576.00 points (+2.40%)
  • BSE Sensex: 79,310.01, up 2,008.61 points (+2.60%)
  • Bank Nifty: 57,773.65, up 1,860.05 points (+3.33%)

Why Did the Indian Stock Market Rise Today?

Auto Sector Leads the Market Rally

Auto surged 4.14%, emerging as the strongest-performing sector in the supplied heatmap.

Mahindra & Mahindra gained 5.59% as strong buying across automobile stocks and improving sentiment supported the sector.

Financial Services Witnesses Strong Buying

Financial Services advanced 3.99%, becoming one of the biggest contributors to the market rally.

Bajaj Finance surged 7.65%, while Shriram Finance gained 6.08%. Strong participation from banking and financial stocks helped Bank Nifty jump 3.33%.

Realty Sector Extends Gains

Realty climbed 3.52%, continuing its positive momentum from the previous session.

Strong buying in real estate stocks reflected improving investor confidence and sustained demand for domestic growth-oriented businesses.

IT Sector Rebounds Sharply

IT gained 2.42%, recovering from the previous session's 1.50% decline.

Renewed buying in technology stocks contributed to the broader market's strong performance.

Consumer Durables Records Healthy Gains

Consumer Durables advanced 2.32%, supported by buying interest in consumption-oriented companies.

The sector's performance highlighted positive sentiment towards discretionary spending and domestic demand.

Pharma and Metal Remain Positive

Pharma gained 1.00%, while Metal advanced 0.87%.

Both sectors participated in the market rally, although their gains remained relatively modest compared with Auto and Financial Services.

FMCG Registers Modest Gains

FMCG rose 0.45%, maintaining positive momentum but underperforming the benchmark indices.

Energy Sector Faces Selling Pressure

Energy declined 0.52%, emerging as the weakest sector in the supplied heatmap.

ONGC slipped 2.13% as weakness in upstream oil producers weighed on the sector amid falling crude oil prices.


Market Overview – Sector & Stock Action Summary

Indian markets witnessed a powerful rally on Thursday, with Nifty gaining 2.40% and Sensex advancing 2.60%. Bank Nifty outperformed, surging 3.33%.

Auto (+4.14%), Financial Services (+3.99%), Realty (+3.52%) and IT (+2.42%) led sectoral gains, while Energy (-0.52%) remained under pressure.

Bajaj Finance, Shriram Finance and M&M emerged as the leading gainers in the supplied snapshot, reflecting strong buying in financial and automobile stocks.

Overall, Thursday's session reflected broad-based bullish momentum, supported by positive global cues, easing crude oil prices and strong institutional interest.


Key Sector Performance Snapshot

  • Auto (+4.14%): Led gains amid strong buying in automobile stocks.
  • Financial Services (+3.99%): Surged as Bajaj Finance and Shriram Finance rallied.
  • Realty (+3.52%): Extended gains on sustained buying interest.
  • IT (+2.42%): Rebounded sharply from the previous session's decline.
  • Consumer Durables (+2.32%): Advanced on positive consumption sentiment.
  • Pharma (+1.00%): Registered moderate gains.
  • Metal (+0.87%): Remained positive but lagged the benchmarks.
  • FMCG (+0.45%): Recorded modest gains.
  • Energy (-0.52%): Declined amid weakness in oil-related stocks.

    Overall, Auto and Financial Services led the rally on 5 November 2026, while Energy was the only negative sector in the supplied heatmap.

Top Gainers

- BAJFINANCE: +7.65% → Bajaj Finance surged ₹76.00 to ₹1,070.00, emerging as the leading gainer in the supplied snapshot. Strong buying in financial stocks supported the rally.

- SHRIRAMFIN: +6.08% → Shriram Finance gained ₹55.25 to ₹964.00, benefiting from positive sentiment across the financial services sector.

- M&M: +5.59% → Mahindra & Mahindra advanced ₹165.60 to ₹3,127.50 as strong buying in automobile stocks pushed the Auto sector up 4.14%.


Top Losers

- APOLLOHOSP: -2.66% → Apollo Hospitals declined ₹228.50 to ₹8,371.00, emerging as the biggest loser in the supplied snapshot amid selling pressure in the counter.

- ONGC: -2.13% → Oil and Natural Gas Corporation slipped ₹5.00 to ₹230.00 as falling crude oil prices weighed on upstream energy companies.

- NTPC: -1.63% → NTPC declined ₹5.25 to ₹316.70, witnessing selling pressure despite the broader market's sharp rally.


Technical Analysis: Nifty & Bank Nifty Levels

NIFTY 50: Opened 418 points higher at 24,378 reached a high of 24,579 and closed at 24,536.

  • Immediate Support: 24,400
  • Immediate Resistance: 24,600

BANK NIFTY: Opened 1189 points higher at 57,102, reached a high of 57,847 and closed at 57,773.

  • Immediate Support: 57,300
  • Immediate Resistance: 58,000

World Markets, Crude & Gold Prices – 5 November 2026

Global Equities

Global equity markets traded mixed on Thursday, 5 November 2026, as investors reacted to the US midterm election results, a sharp decline in crude oil prices and renewed concerns over artificial intelligence valuations. Strong gains on Wall Street and European markets supported sentiment, while Asian technology stocks faced significant selling pressure.

Asian markets witnessed divergent trends. Japan's Nikkei 225 declined approximately 1.8%, while South Korea's Kospi plunged 5.3% amid heavy selling in semiconductor stocks. Taiwan's Taiex also fell 3.2%. However, Hong Kong's Hang Seng gained around 3.2%, supported by optimism over potential improvements in US-China trade relations.

European equities advanced on Thursday, extending the previous session's recovery. The pan-European STOXX 600 gained approximately 0.7%, approaching record highs, as mining and industrial stocks attracted buying interest. However, technology stocks lagged amid concerns over tighter regulations affecting AI infrastructure investments.

In the U.S., Wall Street rallied sharply on Wednesday, 4 November, following the Democrats' victory in both chambers of Congress.

  • Dow Jones: 53,356.12, up 1,569.40 points (+3.03%)
  • S&P 500: 7,688.62, up 119.70 points (+1.58%)
  • Nasdaq Composite: 25,736.51, up 364.50 points (+1.44%)

The rally reflected easing political uncertainty, falling crude oil prices and expectations of reduced geopolitical tensions. However, concerns over potential restrictions on data-centre expansion weighed on select AI-related stocks.

Market participants remained focused on:

  • US midterm election results and potential policy changes
  • Federal Reserve policy and December interest-rate expectations
  • AI valuations and semiconductor-sector weakness
  • US–Iran negotiations and Middle East developments
  • Corporate earnings and global economic indicators
  • Crude oil prices, Treasury yields and dollar movements

Overall, global markets displayed mixed performance, with Wall Street and European equities advancing while Asian semiconductor stocks faced pressure. Falling crude oil prices and expectations of geopolitical de-escalation supported broader investor sentiment.

Crude Oil

BRENT CRUDE (USD/BBL)

$99.472

+$1.458 (+1.49%)

Brent crude traded around $99.47 per barrel, gaining 1.49% in the latest supplied market snapshot, recovering modestly after the previous session's sharp decline.

Oil prices had plunged nearly 9% on Wednesday, falling below $100 per barrel for the first time in approximately two months. The selloff followed the US midterm election results, which raised expectations of diplomatic progress and a potential de-escalation of the US–Iran conflict.

The Democratic victory in both chambers of Congress increased expectations of greater political pressure to reduce military involvement in the Middle East. This helped ease concerns about potential disruptions to global oil supplies.

However, geopolitical uncertainty remained elevated, particularly around the Strait of Hormuz, a critical shipping route for international crude oil supplies.

Meanwhile, traders continued to monitor OPEC+ production policies, global demand trends and US crude inventories for further direction.

For India, lower crude oil prices could help reduce import costs, ease inflationary pressure and support sectors such as aviation, logistics and paints.

Oil prices will continue to track:

  • US–Iran negotiations and Middle East tensions
  • Strait of Hormuz shipping and supply disruptions
  • OPEC+ production decisions
  • US crude inventories and global oil demand
  • US political developments and energy policies
  • Dollar movements and inflation expectations

Overall, Brent crude recovered 1.49% to approximately $99.47 per barrel in the supplied snapshot following a sharp previous-session decline. Despite the rebound, hopes of geopolitical de-escalation continued to influence the broader oil market.

Gold Prices

GOLD SPOT – XAU/USD (USD/OZ)

$4,138.18

+$76.59 (+1.89%)

Gold traded around $4,138.18 per ounce, rising 1.89% in the latest supplied market snapshot and extending its recovery above the $4,100 level.

Gold prices climbed to a two-week high on Thursday as a weaker US dollar and declining Treasury yields supported demand for precious metals. The rally followed a gain of approximately 3.4% on Wednesday, marking gold's strongest daily advance since August.

The Democrats' victory in the US midterm elections contributed to a decline in bond yields and the dollar as investors reassessed fiscal and monetary policy expectations.

Lower Treasury yields generally support gold because they reduce the opportunity cost of holding non-yielding assets. Meanwhile, a weaker dollar makes bullion more affordable for international buyers.

The sharp decline in crude oil prices also helped ease inflation concerns, supporting expectations that monetary policy pressures could moderate.

However, uncertainty surrounding the Federal Reserve's December interest-rate decision remained a key factor influencing gold's outlook.

Investors also awaited upcoming US employment data for further clarity on economic growth and future interest-rate movements.

Gold prices will continue to track:

  • Federal Reserve policy and December rate expectations
  • US employment and inflation data
  • Treasury yields and US dollar movements
  • US midterm election developments
  • Middle East geopolitical tensions
  • Central bank demand and gold ETF investment flows
  • Global inflation and crude oil trends

Overall, gold advanced 1.89% to approximately $4,138.18 per ounce in the supplied snapshot, supported by a weaker dollar, lower Treasury yields and improving precious-metal sentiment. However, upcoming US economic data and Federal Reserve expectations will remain crucial for sustaining the rally.


Turn Market Insights into Action

Discover stocks, analyze opportunities and trade securely in your own broker account with Liquide. Get expert trade setups from our research desk along with real-time market tracking and commentary.

You can also get instant stock insights and answers to your queries using LiMo, our AI-powered stock assistant.

Download the Liquide App now from the Google Play Store and Apple App Store.


This document has been issued by Liquide Solutions Private Limited for information purposes only and should not be construed as

i) an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or

ii) an offer to sell or a solicitation or an offer for the purchase of any of the baskets of Liquide Solutions; or

iii) investment research or investment advice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may or may not be realized. In no event shall Liquide Life Private Limited and/or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information/opinion herein.