NewsSignals AI analysis·CNBC TV18·Nov 5, 2026

Sensex, Nifty extend winning streak to 6 sessions: 5 factors driving D-Street rally

Grade Abullish AI signal$SPX

Indian equities extended their winning streak to six sessions, with the Sensex surging 2,008 points and the Nifty gaining 576 points on Thursday. The Sensex closed at 79,310 and the Nifty at 24,536, while BSE-listed companies added over ₹8 lakh crore in market value as Brent crude posted a 19% weekly decline. Lower oil prices, banking strength and selective Q2 earnings could continue supporting Indian equities, although sharp losses in several individual stocks highlight uneven market participation.

Bullish strength: 80/100

The Sensex and Nifty extended their gains to six consecutive sessions.
The Sensex jumped 2,008 points and the Nifty gained 576 points.
Brent crude fell 19% this week, supporting buying in aviation and automobile stocks.
ICICI Bank and HDFC Bank contributed over 200 points to the Nifty's rise.
BSE-listed market capitalisation increased by over ₹8 lakh crore during Thursday's session.

Bearish strength: 20/100

PI Industries fell over 19% following its Q2 results.
Cummins India dropped 14% after reporting Q2 results.
Several Sensex constituents, including ONGC, NTPC and Coal India, were among the biggest laggards.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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