Sensex ends 107 pts higher at 81,106, Nifty back above 25,000 as banks rally

Indian shares closed a choppy Monday slightly higher on 9 November 2026, the first regular full session after Sunday's Diwali muhurat hour. Banks held the market up while IT stocks dragged it down, and the Nifty finished back above the 25,000 mark.

The closing numbers

According to Kotak Neo and Money9, the 30-share Sensex ended at 81,106.65, up 107.25 points or 0.13 per cent. The Nifty 50 closed at 25,044.65, up 58.25 points or 0.23 per cent. Kotak Neo notes these are the highest closing levels since 27 February.

The day did not start that way. In early trade, as reported by PTI through Siasat, the Sensex was down about 94 points at 80,919.19 and the Nifty about 30 points lower at 24,968.80, with selling in blue-chip IT shares and profit-taking after a sharp rally.

Who led and who lagged

Banks did the heavy lifting. Money9 puts the Nifty Bank index at 59,741.25, up 1.51 per cent, the strongest sector of the day. The Nifty Financial Services index rose 0.75 per cent, and Kotak Neo reports Nifty Pharma up 1.65 per cent.

Technology was the weak spot. The Nifty IT index fell 1.22 per cent, according to both reports.

Among Nifty 50 stocks, Money9 lists the biggest gainers as State Bank of India (up 2.56 per cent to Rs 1,042), Trent (2.02 per cent), Nestle India (1.91 per cent), NTPC (1.87 per cent) and Larsen and Toubro (1.82 per cent). The biggest losers were Tata Steel (down 2.81 per cent to Rs 184.85), HCL Technologies (2.43 per cent), UltraTech Cement (1.79 per cent), ITC (1.64 per cent) and Bajaj Finance (1.56 per cent).

Under the surface the market was more cautious than the headline suggests. Money9 says declining stocks outnumbered advancing ones overall. The Nifty Midcap 100 gained 0.55 per cent and the Nifty Smallcap 100 gained 0.10 per cent. BSE-listed companies added about Rs 71,265 crore in market value during the session, per Money9.

Where the rally stands

Monday's small gain came after a very strong week. PTI, via Siasat, reports that the Sensex rose 6,568.49 points, or 8.82 per cent, and the Nifty 1,977.25 points, or 8.57 per cent, in the previous week. On Sunday's muhurat session the Sensex closed 28.62 points lower at 80,999.40 and the Nifty 43.95 points lower at 24,986.40, which means Monday more than recovered that dip.

The same agency notes that Asian markets traded higher on Monday and that US equities mostly ended higher on Friday.

Oil, gold and silver

Crude was the other big story for markets. Kotak Neo says Brent crude futures were at about $97.51 a barrel, after the sharpest weekly fall in more than six years. According to 5paisa, prices eased after US President Donald Trump said fresh strikes on Iran were unlikely while talks go on, though reports of attacks on ships near the Strait of Hormuz limited the drop. 5paisa also cites a Reuters estimate of a global oil surplus.

There was no change in petrol and diesel prices at the pump on Monday. Kotak Neo gives MCX December gold at Rs 1,43,540 per 10 grams, up 0.69 per cent, and MCX silver at Rs 1,87,170 per kg, up 1.12 per cent.

What next for investors

Tuesday, 10 November, is a market holiday for Diwali-Balipratipada, so the next regular session is on Wednesday, 11 November, as Kotak Neo notes. The report says the muted close could keep traders cautious until then, with global cues and commodity prices likely to guide sentiment.

Kotak Neo also flags that shares worth about $35 billion will become eligible for trading as lock-in periods end at 116 companies between 9 November 2026 and 26 February 2027, which could add supply to the market over the coming months. This report is a summary of market data and is not investment advice.