Stock Market LIVE: Sensex surges 1,300, Nifty tops 24,300; auto, financial services shares shine

On Thursday, November 5, 2026, the Indian stock markets experienced a significant surge, with both the Nifty50 and the Sensex recording substantial gains. This upward trend was primarily attributed to a slump in oil prices and increased speculation on a faster resolution to the West-Asia conflict, following the Democrats' win in the US midterm election. As of 12 PM, the Sensex had climbed 1,535.14 points, or 1.99 per cent, reaching 78,836.54. Similarly, the Nifty50 advanced by 447.30 points, marking an increase of 1.87 per cent to settle at 24,407.90.

The positive momentum extended across broader markets, with the Nifty MidCap and the Nifty SmallCap indices advancing by 1.19 per cent and 1.14 per cent, respectively. Among the Nifty50 constituents, Shriram Finance, InterGlobe Aviation, and Asian Paints emerged as the top gainers, driving overall market performance. Sector-wise, the Nifty Auto, Nifty Financial Services, and Nifty Realty sectors notably outperformed the broader market. Conversely, the Nifty Pharma and Nifty Healthcare sectors registered the most significant declines during the trading session.

A substantial number of companies are scheduled to release their second-quarter results on Tuesday. These include Aadhar Housing Finance, Abbott India, Aditya Birla Fashion & Retail, ADF Foods, Apollo Pipes, Arvind SmartSpaces, Ashoka Buildcon, Astral, AstraZeneca Pharma India, Antony Waste Handling Cell, BEML, Berger Paints, Bharat Forge, Bharti Airtel, Bharti Hexacom, Bikaji Foods, Blue Jet Healthcare, CESC, Cello World, Ceigall India, Emami, Electronics Mart India, Fortis Healthcare, Glenmark Pharma, Godfrey Phillips, Go Digit General Insurance, Gokaldas Exports, Greenlam Industries, Gujarat Alkalies & Chemicals, Happy Forgings, Hindustan Construction Company, and Healthcare Global Enterprises.

What to watch: Further market reactions to Q2 earnings and geopolitical developments.

Editor's note: The draft accurately reports on the market performance, the specific drivers of the surge, and provides the list of companies reporting Q2 results as per the source.