Home/Closing Bell/Closing Bell: Nifty 50 Closes at 24,938 …

Closing Bell: Nifty 50 Closes at 24,938 as Financial Stocks Lead Market Gains | 06 Nov 2026, 03:45 PM IST

Closing Bell
By ThePip Desk•
Add as a preferred source on Google
Nifty 50 Closes at 24,938 as Financial Stocks Lead Market Gains

Key Highlights

The Nifty 50 ended Friday at 24,938.90, marking a strong gain of 1.64% as banking stocks drove a broad market rally to close at a 20-session high.

The Indian equity markets concluded the trading session on Friday, 06 November 2026, on a high note. The index closed at 24,938.90, reflecting a gain of +402.30 points, or +1.64%. This performance marks the seventh consecutive session of gains for the index.

Nifty 50
24,938.90
+1.64% · +402.30 pts
Day range
24,388–24,950
Opened 24,538.20
India VIX
17.35
+11.36% on the day
Last 5 sessions
+8.18%
Nifty 50 change

The day in 60 seconds

  • The Nifty 50 finished at 24,938.90, a rise of +1.64%.
  • Nifty Bank outperformed, closing at 58,946.00 with a +2.03% gain.
  • Mahindra & Mahindra Ltd. shares climbed +4.27% following a 25% increase in consolidated net profit.
  • The India VIX rose +11.36%, indicating heightened expectations for market movement.
  • (FII) were net buyers at ₹14,974.68 crore in the previous session.

The session story

The Nifty 50 opened the day at 24,538.20 and traversed a range between a low of 24,388.05 and a high of 24,949.85 before settling at 24,938.90. The India VIX, a gauge of how much movement traders expect in the market, climbed +11.36% to 17.35, suggesting a shift in sentiment. Today’s close places the index at its 20-session high, underscoring a robust trend that has seen the market rise +12.18% over the last 20 sessions.

Index closing levels, 6 November 2026
IndexCloseChangeChange %
Nifty Bank58,946.00+1,172.35+2.03%
Nifty 5024,938.90+402.30+1.64%
NIFTY Midcap 10060,483.85−137.05−0.23%

Nifty 50: the bigger picture

Nifty 50 over recent sessions, to 6 Nov
MeasureValue
Last 5 sessions+8.18%
Last 20 sessions+12.18%
20-session high24,938.90
20-session low22,363.35
Below the 20-session highAt the high
Current run7 sessions up in a row

Winners and losers

Financial stocks dominated the top gainers list. ICICI Bank Ltd. led the pack, rising +4.33%, followed by Mahindra & Mahindra Ltd. at +4.27%. Mahindra & Mahindra Ltd. reported a 25% rise in Q2 consolidated net profit with income reaching ₹58,740.15 crore. HDFC Life Insurance Company Ltd. also gained +3.53%, supported by a 16% rise in Q2 consolidated net profit and premium income of ₹21,855.79 crore. On the losing side, Power Grid Corporation Of India Ltd. fell −0.90%, while Tata Motors Passenger Vehicles Ltd. and Eicher Motors Ltd. both declined −0.61%.

Top gainers
StockPriceChange %
ICICI Bank Ltd.₹1,564.9+4.33%
Mahindra & Mahindra Ltd.₹3,261+4.27%
HDFC Life Insurance Company Ltd.₹563+3.53%
HDFC Bank Ltd.₹785.45+3.35%
Titan Company Ltd.₹4,994+3.30%
Top losers
StockPriceChange %
Power Grid Corporation Of India Ltd.₹258.8−0.90%
Tata Motors Passenger Vehicles Ltd.₹291.9−0.61%
Eicher Motors Ltd.₹7,666−0.61%
Hero MotoCorp Ltd.₹5,483−0.56%
JSW Steel Ltd.₹1,349−0.49%

Sector performance

The rally was broad-based, led by the Nifty Financial Services index at +2.21% and Nifty Bank at +2.03%. Other gainers included Nifty Pharma +1.07%, Nifty India Consumption +0.94%, Nifty Healthcare Index +0.53%, Nifty Auto +0.48%, Nifty PSU Bank +0.44%, Nifty Infrastructure +0.39%, Nifty FMCG +0.34%, Nifty CPSE +0.33%, Nifty Metal +0.30%, Nifty Oil & Gas +0.26%, Nifty Chemicals Index +0.23%, Nifty PSE +0.09%, and Nifty IT +0.06%. Conversely, Nifty Realty dropped −0.22%, Nifty Energy fell −0.39%, and Nifty Media saw a decline of −1.46%.

Sector indices, 6 November 2026: the five best and five worst of 18
Sector indexChange %
Nifty Financial Services+2.21%
Nifty Bank+2.03%
Nifty Pharma+1.07%
Nifty India Consumption+0.94%
Nifty Healthcare Index+0.53%
Nifty PSE+0.09%
Nifty IT+0.06%
Nifty Realty−0.22%
Nifty Energy−0.39%
Nifty Media−1.46%

Where the big money went

Institutional activity remained significant, with Foreign Institutional Investors (FII) showing a net inflow of ₹14,974.68 crore in the latest session, while (DII) recorded a net outflow of ₹10,444.54 crore. Over the last five sessions, FIIs have been net buyers at ₹35,809 crore, while DIIs have been net sellers at ₹19,045 crore.

FII and DII net flows, ₹ crore (positive is net buying)
SessionFII netDII net
5 Nov+14,975−10,445
4 Nov+7,284−3,712
3 Nov+6,837−3,679
2 Nov+3,115−392
30 Oct+3,599−818
Last 5 sessions+35,809−19,045

Under the radar

Several stocks reached 52-week highs, including Sai Life Sciences Ltd. at ₹1,770 (+11.01%) and Symbiotec Pharmalab Ltd. at ₹1,525.8 (+20.00%). shockers were also evident, with IKIO Technologies Ltd. seeing volume 162.7x higher than its 20-session average, and MM Forgings Ltd. recording 49.7x its average volume. These high-volume moves often signal increased market interest.

Touched a 52-week high (15 of 445 liquid stocks scanned)
StockPriceChange %
Sai Life Sciences Ltd.₹1,770+11.01%
Symbiotec Pharmalab Ltd.₹1,525.8+20.00%
Entero Healthcare Solutions Ltd.₹1,906.5+8.69%
Alembic Pharmaceuticals Ltd.₹958.8+7.31%
ICICI Bank Ltd.₹1,564.9+4.33%
Touched a 52-week low (7 of 445)
StockPriceChange %
Thermax Ltd.₹2,737.7−17.53%
Aptus Value Housing Finance India Ltd.₹174.81−2.85%
3M India Ltd.₹27,600−5.88%
Jeena Sikho Lifecare Ltd.₹322.15−6.69%
AIA Engineering Ltd.₹3,110−2.88%
Heavy volume against the 20-session average
StockVolume vs averageChange %
IKIO Technologies Ltd.162.7x+12.70%
MM Forgings Ltd.49.7x+19.99%
Ivalue Infosolutions Ltd.46.3x+14.04%
Sai Life Sciences Ltd.27.1x+11.01%
JSW Cement Ltd.25.6x+1.43%
Stocks that hit a circuit limit
StockSidePriceChange %
Symbiotec Pharmalab Ltd.Upper₹1,525.8+20.00%
MM Forgings Ltd.Upper₹629.6+19.99%
Supriya Lifescience Ltd.Lower₹695.7−20.00%
Augmont Enterprises Ltd.Lower₹921.5−5.00%
ESDS Software Solution Ltd.Lower₹1,115.3−4.99%
MTAR Technologies Ltd.Lower₹5,448.5−5.00%
Happy Forgings Ltd.Lower₹1,694.5−10.00%
KRN Heat Exchanger And Refrigeration Ltd.Lower₹939.8−4.99%

What to watch tomorrow

Investors should note that results are due on Monday, 9 November, for companies including Olectra Greentech Ltd. and Whirlpool Of India Ltd. Additionally, Monday marks the ex-date for the dividend payment of Dabur India Ltd. at ₹3.5 per share.

On the calendar for Monday, 9 November

Results due on Monday, 9 November
CompanyAlso considering a dividend
Olectra Greentech Ltd.—
Whirlpool Of India Ltd.—
Trading ex-date
CompanyEventDetail
Dabur India Ltd.dividend₹3.5 per share

Keep an eye on how the Nifty 50 sustains its current momentum at these 20-session highs as the new week begins.