The Sensex rose 1,718.01 points, or 2.17%, to close at 81,028.02 on Friday. The Nifty 50 gained 493.75 points, or 2.01%, to end at 25,030.35.
For the week the Sensex was up 8.8% and the Nifty 8.6%, their strongest weekly gains in six years. Even so, both remain in the red for the year: the Nifty is down 4.2% in 2026 and the Sensex 4.9%.
Private banks led
ICICI Bank was the biggest gainer in the Nifty, up 4.33%, followed by Mahindra & Mahindra (4.21%), Titan (3.32%), HDFC Bank (3.24%) and Axis Bank (3.19%). The Nifty Private Bank index rose 3.2%.
Power Grid, Eicher Motors and Tata Motors Passenger Vehicles were among the few large stocks that fell. Energy, media and realty stocks declined.
A narrow rally
The gains were concentrated in large companies. The Nifty Midcap 100 ended almost flat and the Nifty Smallcap 100 fell 0.82%, ending a four-day winning run. On the NSE, 2,400 stocks fell and 1,681 rose.
Why money is coming in
Foreign investors bought about ₹15,000 crore of Indian shares on Thursday, their biggest single-day purchase in nearly six years, according to exchange data reported by HDFC Sky. Wall Street’s sharp fall in AI stocks on Thursday pushed global funds towards markets with less AI exposure, and India is one of them.
The combined market value of BSE-listed companies crossed ₹500 lakh crore for the first time.
What to watch
Crude remains the main risk. Brent was near $98 a barrel on Friday afternoon, and attacks on oil tankers in the Gulf kept traders cautious. October inflation data is due on November 12, and the RBI meets from December 2 to 4.