Sensex Soars 1,718 Points As Nifty Reclaims 25,000 In Dhanteras Rally

Indian markets defied a global sell-off to post their seventh straight day of gains on Dhanteras. (Photo: Pexels)

Dhanteras brought real 'dhan' to Dalal Street on Friday, as Indian stock markets powered to their seventh straight day of gains — the longest winning streak in three years — even as global markets sold off sharply.

The BSE Sensex jumped 1,718.01 points, or 2.17 per cent, to close at 81,028.02, while the NSE Nifty 50 climbed 493.75 points, or 2.01 per cent, to settle at 25,030.35. Both indices closed at their highs for the day, capping a festive week in style.

Nifty Reclaims 25,000 After Eight Months

The standout number of the day was the Nifty reclaiming the psychologically important 25,000 mark for the first time since 27 February 2026. It was also the index's strongest closing level in nine months.

The rally has been relentless. Over the past seven trading sessions, the Sensex has surged 7,781.99 points, or 10.62 per cent, while the Nifty has gained 2,331.5 points, or 10.27 per cent. Friday's move alone added to a Thursday surge, when the Sensex had jumped 2,008.61 points.

India Defies A Global Sell-Off

What makes Friday's rally remarkable is the global backdrop. The Nasdaq Composite recorded its steepest single-day decline in 19 months amid concerns over tighter artificial intelligence regulation, and Asian and European markets traded mostly lower.

Indian markets, however, marched in the opposite direction. Sustained foreign fund inflows and relatively moderate crude oil prices kept sentiment buoyant through the session, with buying gathering momentum as the day progressed.

Banks And Earnings Led The Charge

Banking heavyweights did much of the heavy lifting. The Nifty Bank index advanced 1,312 points to 59,086, and the top gainers in the Nifty 50 included Mahindra & Mahindra, ICICI Bank and HDFC Life Insurance.

Strong quarterly earnings added fuel. Bharti Airtel reported second-quarter revenue growth of 16.7 per cent to Rs 60,878 crore, with net profit rising 30.9 per cent. The rupee also strengthened, gaining 52 paise to close at 93.89 against the US dollar.

Not everything joined the party, though. The broader markets lagged the benchmarks — the Nifty Midcap 100 ended almost flat and the Nifty Smallcap 100 slipped 0.82 per cent — a reminder that the rally is being led by large, heavyweight stocks.

What Next For Investors?

The festive calendar now takes centre stage. The NSE and BSE will hold a special Muhurat trading session on Sunday, 8 November, to mark Diwali Laxmi Pujan — a traditional one-hour window that investors watch closely for sentiment cues.

Analysts say the market's short-term texture remains positive, but they also caution that after a 10 per cent surge in seven sessions, some consolidation would be healthy. The global AI sell-off remains a risk to watch, and the next triggers will be fresh earnings and foreign fund flows.

For now, though, Dhanteras 2026 will be remembered as the day Dalal Street delivered a festive bonanza — a 1,718-point Sensex jump and a Nifty back above 25,000.

Do you think the Sensex can cross 82,000 before Diwali ends, or is a correction around the corner? Tell us in the comments.