Sensex Jumps 1,718 Points to Close at 81,028.02 (6 Nov)

Sectoral performance and market breadth

The Bank Nifty index underperformed the benchmark, trading 176.95 points or 0.31 percent lower at 57,588.55.

Both the Nifty Midcap 100 and Nifty Smallcap 100 indices declined by more than 1 percent during the session.

NSE market cap crosses $50 billion

National Stock Exchange shares rose over 3 percent to reach a record high of ₹1,953.95 on the BSE. This performance pushed the company's market capitalization past $50 billion, equivalent to ₹4.84 lakh crore.

With this market capitalization, the NSE has become the seventh largest listed company in India. The exchange surpassed Infosys, Hindustan Unilever, LIC, and ITC in market valuation.

Corporate updates: Adani Ports, Titan, and Medplus

Brokerage firms said the acquisition is expected to be EPS-accretive and contribute to EBITDA immediately. The deal is projected to potentially raise the company's return on capital employed to double-digit levels by FY30.

Titan Company shares rallied over 2% after the company reported 10% year-over-year consolidated revenue growth for the second quarter. Motilal Oswal maintained a 'Buy' rating on the stock with a target price of ₹5,700.

Medplus Health Services received approval for a share buyback of up to ₹130 crore via the open market. The buyback covers 9.87% of equity at ₹750 per share, a 25% premium over Thursday's closing price.

Market strategy: FII inflows and expert outlook

Dr. He said the tech rout and AI trade deceleration could benefit India. Dr. Vijayakumar said the current rally is supported by better-than-expected earnings growth and is driven by large-cap stocks. He expects further upside potential for the financials, tech, and auto sectors.

Foreign Institutional Investors (FIIs) purchased equities worth ₹35,781 crore over the last five trading days. On Thursday, FIIs net bought ₹14,974.68 crore in Indian shares, the highest single-day purchase since February 2021. Domestic Institutional Investors (DIIs) net sold ₹10,444.54 crore of equities on Thursday.

Vikas Khemani of Carnelian Asset Management said removing long-term capital gains tax only for foreign portfolio investors would be unfair to domestic investors. He called for a rationalisation of the tax structure.

The Indian rupee opened at 94.49 per US dollar on Friday, 1 paise lower than the previous close of 94.48. Amit Pabari of CR Forex Advisors said the rupee has a positive bias, with a support zone at 94.20–94.00 and a resistance band at 95.30–95.50 against the US dollar.

Global headwinds and commodity trends

Global markets experienced a heavy selloff on 6 November 2026. Japan's Nikkei entered bear market territory, while the Nasdaq Composite fell into correction territory amid concerns over AI stocks and regulation.

Brent crude oil prices rebounded to trade above $99 per barrel.

Future outlook and stock recommendations

The Nifty 50 index increased by more than 2,100 points over the last nine sessions, according to Pabitro Mukherjee at Bajaj Broking. Mukherjee stated the index may face consolidation at higher levels and identified short-term support in the 23,600–23,800 range.

Gift Nifty indicates a negative start for the market. On the previous trading day, the Sensex rose 2.6% while the Smallcap 100 index increased by 0.67%, according to Dr. V K Vijayakumar.

Market rally context

The Nifty 50 index closed at 24,536.60 on the same day, an increase of 576 points or 2.40%.

Domestic equity indices continued their rally for the sixth consecutive session on Thursday. On 6 November 2026, the Sensex saw a gain of more than 200 points, and the Nifty 50 was trading above 24,550.