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Indian equities rallied more than 8% in the extended week ending November 8, with the Nifty 50 topping 25,000 and the Sensex briefly crossing 81,000. Lower oil prices, a stronger rupee, foreign investor buying and optimism after the US midterm elections supported the rally; investors were watching inflation data and remaining company earnings for the coming holiday-shortened week.
Lower oil prices can ease India’s import bill and inflation pressures, while a stronger rupee reduces the local-currency cost of imported feed and energy. No direct feed-commodity price driver is reported.
moneycontrol.comSunil Shankar MatkarNov 8, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
