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

The Indian equity markets concluded the trading session on Friday, 06 November 2026, on a high note. The Nifty 50 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.

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.
• Foreign Institutional Investors (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	Close	Change	Change %
Nifty Bank	58,946.00	+1,172.35	+2.03%
Nifty 50	24,938.90	+402.30	+1.64%
NIFTY Midcap 100	60,483.85	−137.05	−0.23%

Nifty 50: the bigger picture

Measure	Value
Last 5 sessions	+8.18%
Last 20 sessions	+12.18%
20-session high	24,938.90
20-session low	22,363.35
Below the 20-session high	At the high
Current run	7 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%.

Stock	Price	Change %
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%

Stock	Price	Change %
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 index	Change %
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 Domestic Institutional Investors (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.

Session	FII net	DII 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%). Volume 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.

Stock	Price	Change %
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%

Stock	Price	Change %
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%

Stock	Volume vs average	Change %
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%

Stock	Side	Price	Change %
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

Company	Also considering a dividend
Olectra Greentech Ltd.	—
Whirlpool Of India Ltd.	—

Company	Event	Detail
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.