Stocks End Week Higher as NDA’s Bihar Win Lifts Sentiment

Overview

• Sensex closed at 84,563 and Nifty at 25,910 for weekly gains of more than 1.5 percent after a late rebound.
• Analysts said the NDA’s decisive Bihar victory improved risk appetite, with JM Financial noting a mandate stronger than exit polls.
• Easing price pressures underpinned the move, with October retail inflation at 0.25 percent and wholesale inflation at −1.21 percent.
• Sector moves were mixed as PSU banks led gains and pharma and FMCG were firm, while IT fell and auto, metal and realty finished lower.
• Technical readings showed a weekly bull candle signaling a pullback, while traders watch India’s PMI, US jobless claims, FOMC minutes and US–India trade talks for direction.