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Sensex up 10.6% in 7-session pre-Diwali rally, best in 35 yrs

Times of India Nov 07, 2026 at 02:25 AM IST
Sensex up 10.6% in 7-session pre-Diwali rally,...

AI summary

The Sensex recorded its best seven-session pre-Diwali rally in 35 years, gaining 10.6% as foreign investors returned to Indian markets. This surge occurred despite a concurrent crash in US AI stocks, driven by policy stability hopes and falling crude oil prices.

Key takeaways

  • The Sensex gained 10.6% over seven sessions, marking its best pre-Diwali run in 35 years.
  • Foreign portfolio investors bought approximately $5.2 billion in Indian stocks during the rally.
  • The index rose despite a significant overnight crash in US markets and AI stocks.
  • Falling crude oil prices and hopes for policy stability fueled the market's upward momentum.
Read the original at Times of India

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