Sensex and Nifty Close at 8-Month Highs After a 7-Day Winning Run
Indian stock markets ended Monday, 9 November 2026, at their highest levels in about eight months. The BSE Sensex rose 107.25 points, or 0.13%, to close at 81,106.65. The Nifty 50 gained 58.25 points, or 0.23%, to close at 25,044.65.
Both indices are at their highest closing levels since 27 February 2026, according to market reports. They rose about 10.5% over seven straight sessions through Friday, the longest winning streak of the year.
The day was volatile. The market fell sharply during the session, then recovered, and there was some profit-booking during the Diwali special trading hours.
Which sectors moved
- Public sector banks led the gains. The Nifty PSU Bank index rose over 3%, and State Bank of India was one of the top Nifty gainers.
- Pharma and Bank Nifty also ended higher.
- IT shares fell. The Nifty IT index was the worst performer, down about 1.2%, with Infosys and HCL Technologies among the laggards.
- Tata Steel and UltraTech Cement also ended lower.
The broader market was mixed. The Nifty Midcap 100 rose about 0.6% and the Smallcap 100 about 0.1%, but more shares fell than rose on the NSE.
Why the market has been rising
Reports pointed to a few reasons: foreign investors buying Indian shares (they were reported to have bought over $4 billion in November so far), lower crude oil prices as worries about the Iran conflict eased, and some investors moving money away from AI-linked shares into markets such as India.
What analysts say
Religare Broking's Ajit Mishra said the Nifty needs to hold above 24,600 to 24,800 to keep its positive bias, with a possible move towards 25,200 to 25,600. These are analyst views, not certainties, and markets can turn quickly after a big run.
What happens next
NSE and BSE are closed on Tuesday, 10 November, for Diwali Balipratipada. Trading restarts on Wednesday, 11 November, at 9:15 am. Investors are also waiting for India and US inflation data and for more company results.
This article is for general information and is not investment advice.
Sources: HDFC Sky and Business Standard market close reports, 9 November 2026.