Diwali 2026: Stock market enters Samvat 2083 with Nifty 50 above 25,000: Key support, resistance levels. Targets to know
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian equity markets entered Samvat 2083 with the Nifty 50 closing at 25,030.35 on Friday, 6 November.
- ✓Both the Nifty and Sensex recorded their biggest weekly gains since February 2021.
- ✓Dr V K Vijayakumar said the slowdown in the global AI trade could work in India's favour, boosting investor sentiment further.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Livemint
- Reading Speed
- 6 Minute(s)
- Market Focus
- India Economy
Indian equity markets are entering Samvat 2083 on a strong footing after an extraordinary week on Dalal Street, with the Nifty 50 reclaiming the psychologically important 25,000 mark and the Sensex crossing 81,000.
Both benchmark indices recorded their biggest weekly gains since February 2021, rising 8.6% and 8.8%, respectively, as a sharp correction in crude oil prices, aggressive foreign fund buying and better-than-expected corporate earnings triggered a broad-based improvement in investor sentiment.
The rally was particularly significant as Indian equities managed to outperform global markets despite a sharp selloff in technology stocks and AI-linked shares. Foreign institutional investors (FIIs), who had remained net sellers for much of 2026, returned aggressively to domestic equities. They purchased shares worth ₹13,749.82 crore on Friday, according to exchange data, taking their purchases over the last five trading sessions to ₹35,781 crore, according to market estimates.
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