News Overview

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.

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.

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.

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.

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.

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.

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.

Ashok Leyland shares surged up to 11.65% in intraday trade on November 5, 2026, making the stock the top gainer in the Nifty Auto index. The rally marked its fourth consecutive session of gains, taking its four-session advance to nearly 19%. Strong October vehicle sales, which rose 23% year-on-year to 21,888 units, festive-season demand and investor positioning ahead of the Q2 and H1 FY27 results on November 14 supported the buying momentum. Investors will now track the upcoming earnings, monthly sales trends and broader market direction.

Indian benchmark indices extended their winning streak to six sessions on November 5, 2026, with the Sensex surging 1,609.54 points (2.08%) to 78,910.94 and the Nifty50 rising 417.45 points (1.74%) to 24,378.05. The rally added over ₹6.9 lakh crore to investor wealth, supported by falling crude oil prices, positive sentiment following US midterm results, sustained FII buying, rupee appreciation and broad-based market gains. Private Banks, Realty, IT and Auto stocks led sectoral advances, while Bajaj Finance, Maruti, IndiGo and Asian Paints were among the top Sensex gainers.