Sensex and Nifty Extend Rally to Seventh Straight Session
Indian indices rose for a seventh day in a row during the special Muhurat trading session on Sunday, Moody's reports. Tata Steel, Sun Pharma and Hindalco led the gainers.
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what happened
According to Moody's, Indian equities kept climbing during the special Muhurat trading session held on Sunday for Diwali. The gains marked the seventh consecutive session of advances. Tata Steel was the biggest gainer, up 2.29 per cent to Rs 190.57. Sun Pharma added 1.93 per cent, while Hindalco and ONGC also finished higher. On the downside, SBI Life fell the most at 0.84 per cent, with IndiGo and Infosys also ending lower.
Raamdeo Agrawal, chairman of Motilal Oswal Financial Services, said the market could deliver strong returns to investors by next Diwali after two years of stagnation. He cited possible lower crude prices, currency stability, returning foreign investors and easing enthusiasm around AI as supportive factors.
why it matters
A holiday session offers a snapshot of investor mood but not the full picture of the week. What matters more is that the rise was spread across several sectors. Agrawal's views reflect one market participant's outlook rather than any exchange forecast.
market impact
Indian equities: seven straight gains support investor sentiment across the market
instruments
sources
- Sensex, Nifty Extend Winning Streak For Seventh Session During Muhurat Trading — Moody's, 8 November 2026 at 14:00 UTC
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