Auto, realty and PSU Bank shares emerged as gainers advanced while media and chemicals stocks declined.

As per provisional closing data, the S&P BSE Sensex jumped 2,008.61 points or 2.60% to 79,310.01. The Nifty 50 index rose 576 points or 2.40% to 24,536.60. In the six consecutive trading sessions, the Sensex and Nifty climbed 8.28% and 8.1%, respectively.

The broader market index, the Nifty MidCap 150 Index gained 1.93% and the Nifty SmallCap 250 Index added 0.79%.

The market breadth was strong. On the NSE, 2,547 shares rose and 1,084 shares fell. A total of 92 shares were unchanged.

In the commodities market, Brent crude for the December 2026 settlement rose $1.34 or 1.42% to $95.96 a barrel.

New Listing:

Shares of Bombay Coated & Special Steels were at Rs 95.50 on the BSE, representing a premium of 16.46% as compared with the issue price of Rs 82.

The stock debuted at Rs 92.02 on the BSE, a premium of 12.22% over its issue price.

The stock has hit a high of Rs 96.62 and a low of Rs 91.08. On the BSE, over 30.42 lakh shares of the company were traded in the counter.

Buzzing Index:

The Nifty Auto index rose 4.14% to 25.422.70. The index jumped 8.57% in the four consecutive trading sessions.

Uno Minda (up 11.29%), Ashok Leyland (up 10.6%), Maruti Suzuki India (up 5.46%), Tata Motors Passenger Vehicles (up 5.44%) and Mahindra & Mahindra (up 5.35%), Samvardhana Motherson International (up 4.71%), Eicher Motors (up 3.73%), Hyundai Motor India (up 2.85%), Bosch (up 2.7%) and TVS Motor Company (up 2.51%) surged.

Stocks in Spotlight:

Tonbo Imaging India hit upper circuit of 20% after the company reported consolidated net profit of Rs 23.54 crore in Q2 FY27 compared with net loss of Rs 9.61 crore in Q2 FY26. Revenue from operations skyrocketed more than 20-fold to Rs 183.29 crore in Q2 FY27 from Rs 8.88 crore in Q2 FY26.

LG Electronics India surged 4.25% after the company’s standalone net profit jumped 25.66% to Rs 489.34 crore in Q2 FY27 compared with Rs 389.43 crore in Q2 FY26. Revenue from operations climbed 19.53% YoY to Rs 7,380.04 crore in the quarter ended 30th September 2026.

Bombay Stock Exchange (BSE) surged 5.23% after the company’s consolidated net profit jumped 44.90% YoY to Rs 809.15 crore in Q2 FY27 compared with 558.43 crore in Q2 FY26. Revenue from operations climbed 34.1% YoY to Rs 1,432.66 crore in Q2 FY27.

FSN E-Commerce Ventures (Nykaa) fell 1.46%. The company reported a 207% year-on-year increase in consolidated profit after tax to Rs 101 crore in Q2 FY27 from Rs 33 crore in Q2 FY26. Revenue from operations increased 28% year on year to Rs 3,006 crore from Rs 2,346 crore. Gross merchandise value (GMV) rose 30% to Rs 6,151 crore, while net sales value (NSV) increased 31% to Rs 3,064 crore.

CESC shed 0.45%. The company's consolidated net profit fell 2.23% to Rs 438 crore on a 6.46% rise in revenue from operations to Rs 5,607 crore in Q2 FY27 over Q2 FY26. Profit before tax (PBT) increased 2.99% YoY to Rs 586 crore in Q2 FY27.

Global Markets:

Dow futures surged 276 points, signalling a positive opening for US equities.

European equity market traded higher on Thursday, supported by easing crude oil prices, hopes of an early resolution to the US-Iran conflict following the Democrats' victories in the US midterm elections and declining bond yields. These developments eased concerns over inflation and energy supply disruptions, supporting global risk appetite.

Asian equities ended mixed as a sharp selloff in semiconductor stocks triggered a temporary trading curb in South Korea. The decline in technology shares offset support from falling oil prices.

The Democrats' victories raised expectations that increased political pressure on US President Donald Trump could accelerate efforts to end the US-Iran conflict. A resolution could ease potential supply disruptions and reduce inflationary pressures.

Lower oil prices also supported bond markets, pushing government bond yields lower as investors reassessed inflation risks and the outlook for further Federal Reserve interest-rate increases.

Meanwhile, South Korea's current account surplus widened to a record $61.46 billion in September 2026 from $46.11 billion in August, according to Bank of Korea data.

Wall Street rallied on Wednesday, 4 November 2026, after Democrats won control of both the Senate and the House of Representatives. The Dow Jones Industrial Average jumped 1,569.40 points, or 3.03%, to 53,356.12. The S&P 500 advanced 1.58% to 7,688.62, while the Nasdaq Composite gained 1.44% to 25,736.51. The Dow recorded its strongest daily gain since April 2025. Falling crude oil prices and expectations of reduced policy uncertainty also supported investor sentiment.

Technology stocks showed mixed performance. Microsoft gained 6.68%, Amazon advanced 6.12% and Apple rose 5.31%. However, Nvidia declined 3.17%, while Micron fell 7%. Data-centre operators came under pressure amid concerns that Democratic control of Congress could lead to tighter scrutiny of AI infrastructure expansion. CoreWeave dropped 9.9%, Tesla lost 3.34% and Trump Media plunged 24.54%.

AMD shares rose around 1% after the chipmaker reported third-quarter revenue of $13.38 billion, up 45% year on year, and forecast fourth-quarter revenue of approximately $17 billion, plus or minus 3%. The company also reported data-centre revenue growth of 97% to $8.55 billion. Qualcomm fell 4.8% in after-hours trading after reporting earnings and issuing its outlook. McDonald's gained 6.5% after reporting higher quarterly profit and revenue, while Uber advanced 4.9% after its revenue and adjusted earnings exceeded expectations.

Economic data showed that US private-sector employment increased by 86,000 jobs in October, according to ADP, following a gain of 90,000 in September. The Institute for Supply Management's services PMI eased to 54.5 in October from 54.9 in September, below the market forecast of 54.8. The services sector continued to expand, but the moderation in activity and new orders indicated a slower pace of growth.

The US 10-year Treasury yield also eased as investors assessed the election outcome and the implications for fiscal policy and interest rates. Markets continued to price in the possibility of further Federal Reserve rate increases, with the reported probability of at least a 25-basis-point hike in December at 81.2%.