HDFC Bank shares climbed 2.46% to ₹817.75, recovering 22.2% from their 52-week low. Improving governance sentiment, NIM recovery expectations and retail loan growth supported the rally.
Indian markets extended their post-Diwali rally on November 11, with the Sensex rising over 1,260 points and the Nifty gaining 1.35%. Easing crude prices, strong FPI buying and supportive technical indicators boosted sentiment.
Foreign Portfolio Investors (FPIs) pumped ₹53,739 crore into Indian equities across six trading sessions between November 2 and 9, 2026, reversing the outflows recorded in September and October. Buying was concentrated in heavyweight sectors such as financial services, IT, automobiles and telecom. Improved sentiment following US midterm election results, expectations of lower US bond yields, Brent crude falling below $90 a barrel and a stronger rupee supported the inflows. Meanwhile, concerns over returns from AI infrastructure and data-centre investments prompted investors to reduce crowded AI-related positions. Corporate earnings also provided support, with 27 of the 47 Nifty 50 companies reporting results by November 10 beating analysts' estimates.
Muhurat Trading 2026 will take place on November 8, coinciding with Diwali and Lakshmi Pujan. Understand its significance, Samvat 2083, exchange timings, participation and important precautions before trading.
BSE shares rallied 6.15% after the exchange operator reported a 45% rise in Q2 FY27 net profit to ₹809 crore. EBITDA increased 43%, while derivatives turnover rose 50% year-on-year.
Cochin Shipyard shares declined 6.46% after Q2 FY27 net profit fell 50% to ₹54 crore. Higher expenses and lower EBITDA margins weighed on profitability, while management outlined its FY27 revenue and margin outlook.
Tata Steel shares gained 2.15% in intraday trade as investors assessed stronger Indian operations and Q2 earnings growth. However, widening UK losses and European business risks remain key concerns.
MCX gold futures fell 1.18% to ₹1,42,750 per 10 grams, while silver declined 1.54% to ₹1,84,650 per kg. Check city-wise gold and silver rates for November 6.
Kalyan Jewellers shares jumped over 10% on November 11, 2026, following strong Q2 FY27 results. Consolidated net profit increased 63.6% year-on-year to ₹427 crore, while revenue from operations grew 31.4% to ₹10,323 crore. The quarterly profit included an exceptional gain of ₹73 crore from the sale of non-core land. Excluding this gain, net profit stood at approximately ₹354 crore, up nearly 36% year-on-year. EBITDA rose 29.7% to ₹644.7 crore, although the EBITDA margin edged down to 6.25% from 6.33%. For H1 FY27, net profit grew 48% to ₹776 crore, while revenue increased 38% to ₹20,912 crore.
Wall Street witnessed a sharp technology-led selloff, with the Nasdaq Composite falling 5.52% to 24,315, its biggest single-day percentage decline in nearly 19 months. Nvidia shares plunged over 9%, wiping out approximately $440 billion in market value, while Tesla and SpaceX together lost around $420 billion. The Philadelphia Semiconductor Index dropped more than 12%, with AI infrastructure and data-centre stocks including IREN, Applied Digital and CoreWeave also declining sharply. The S&P 500 fell 4.36% and the Dow Jones Industrial Average dropped 3.44%. Concerns over tighter AI regulation, slower data-centre investment and the Democrats gaining control of both chambers of Congress weighed on investor sentiment.

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