SGX Nifty November 2026 futures declined by 37 points, indicating a bearish start for the Nifty 50.
Institutional Flows:
Foreign portfolio investors acquired shares valued at Rs 14,974.68 crore, whereas domestic institutional investors recorded net sales amounting to Rs 10,444.54 crore in the Indian equity market on 5 November 2026, as per provisional data. Foreign Portfolio Investors acquired shares valued at Rs 22,349.91 crore in November up to 5 November 2026. This follows net selling of Rs 48,082.27 crore in October 2026, while FPIs were net sellers of Rs 45,536.89 crore in September 2026.
Global Markets:
Dow futures declined by 319 points, indicating a sluggish start for US equities. The Asian market experienced significant selling pressure on Friday, 06 November 2026, as a pronounced sell-off in US technology and semiconductor stocks reverberated throughout the region. Concerns regarding the tightening of regulations surrounding artificial intelligence infrastructure, coupled with the prospect of a deceleration in data-centre investments, have negatively impacted investor sentiment. South Korea’s Kospi experienced a decline exceeding 4%, whereas Japan’s Nikkei 225 fell by more than 5%. The US market experienced its most significant sell-off in over a year on Thursday, with technology and AI-related stocks at the forefront of the downturn.
The S&P 500 experienced a decline of 4.36%, closing at 7,353.73, marking its most significant single-day drop since April 2025. The Dow Jones Industrial Average experienced a decline of 1,833 points, representing a decrease of 3.44%, settling at 51,523.06. Meanwhile, the Nasdaq Composite faced a significant drop of 5.52%, reaching 24,315. The Nasdaq’s decline has resulted in the index falling over 10% from its October peak, thereby entering correction territory. The sell-off was prompted by apprehensions that Democratic successes in the US midterm elections might result in increased oversight of data-centre construction and expenditures on AI infrastructure. Investors undertook a reevaluation of the valuations of firms that had reaped the rewards of the AI investment surge. Stocks in the semiconductor sector experienced the most significant declines. Nvidia experienced a decline exceeding 9%, while Qualcomm saw a 9% drop following its fourth-quarter smartphone chip sales outlook, which fell short of expectations.
Sandisk experienced a decline of 22.3%, Lumentum faced a loss of 18.7%, and Micron Technology saw a decrease of 17.5%. AppLovin defied the prevailing market trend, experiencing an increase of approximately 31% following the announcement of a quarterly profit that surpassed expectations. Crude oil prices exhibited a rebound on Thursday, following a significant drop in the prior session. Brent crude futures concluded the trading session at $98.29 per barrel, reflecting an increase of 3.88%. Investors are set to concentrate on the US employment report for October, which is due for publication on Friday. The data could influence expectations for the Federal Reserve’s interest-rate trajectory. Comments from Federal Reserve officials regarding inflation and interest rates will continue to attract attention. Cleveland Fed President Beth Hammack stated that interest rates must stay restrictive to return inflation to the central bank’s target.
Domestic Market:
The key equity benchmarks concluded the trading day on Thursday with notable gains, marking the continuation of their upward trajectory for six consecutive sessions. Improving global cues, a notable decline in crude oil prices, and easing bond yields have bolstered investor sentiment. Expectations for a prompt resolution to the US-Iran conflict, ongoing foreign investor purchasing, and diminished worries regarding US tariffs have collectively bolstered the rally. The broader market participated in the upward movement, as the majority of sectoral indices concluded the day in positive territory.
The Nifty ascended past the 24,500 threshold. Stocks in the auto and private banking sectors spearheaded the gains, indicative of widespread buying enthusiasm, whereas media shares constituted a notable exception among the laggards. The S&P BSE Sensex surged by 2,008.61 points, reflecting a 2.60% increase, reaching a level of 79,310.01. The Nifty 50 index experienced an increase of 576 points, reflecting a rise of 2.40%, reaching a level of 24,536.60. In a span of six consecutive sessions, the Sensex and Nifty experienced increases of 8.28% and 8.1%, respectively.
