Nifty Sensex Weekly Market Update 05–11 Oct 2026 Review | Stock Charcha

On Thursday, the Sensex fell 1,045.46 points to close at 71,593.24 in a single session, wiping out roughly ₹10 lakh crore of investor wealth in a matter of hours. Twenty four hours later, the same index was climbing again, and by the time the week closed on 9 October 2026, both the Nifty 50 and Sensex had turned positive for the first time in two months. This Weekly Market Update 05-11 Oct 2026 from Stock Charcha walks through exactly what happened, the numbers behind it, and what to watch next.

How Did Nifty and Sensex Perform This Week?

The Nifty 50 closed the week at 22,520.45, up 0.43%, while the Sensex ended at 72,472.33, up 0.78%. Bank Nifty added 0.25% to settle at 55,256.65, and the Fin Nifty rose a sharper 0.93% to 24,968.50, both outperforming the headline indices as financials led the relief rally.

More importantly, this weekly market update marks the end of an eight week losing streak, the longest in 25 years, beaten only by a nine week slide back in 2001. Over those eight weeks the Nifty had shed about 8.7% and the Sensex roughly 8.4%, so Friday’s bounce, welcome as it is, barely dents the correction investors have sat through since August.

What Made This Week’s Market So Volatile, Day by Day?

Monday opened with a banking led rally after a leadership announcement at HDFC Bank lifted sentiment across private lenders. Tuesday added almost another 1%, with traders positioning ahead of the RBI’s rate decision.

Wednesday brought the surprise in this weekly market update. The Monetary Policy Committee raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, and shifted its stance to calibrated tightening by a 4:2 majority. Markets had largely priced in a pause, not a hike. (Verify the current repo rate on the RBI website, since it can change at future policy meetings.)

Thursday absorbed the shock. The Sensex crashed 1,045.46 points to close at 71,593.24, erasing close to ₹10 lakh crore of market capitalisation in a single session as traders weighed further rate hikes and possible open market bond sales from the RBI.

Friday reversed the mood entirely. Tata Consultancy Services posted September quarter profit and revenue in line with estimates and declared a dividend, sending the stock nearly 5% higher for the week and the Nifty IT index up 3%. A pause in US Iran tensions eased crude prices, and the Nifty jumped 1.30% in a single session, its sharpest daily rally in over two months, pulling this weekly market update firmly back into the green.

Which Sectors Led This Weekly Market Update?

Here’s the Stock Charcha sector breakdown in this weekly market update. Nifty Capital Markets, FMCG, PSU Bank and Private Bank each rose about 2%, and Nifty IT added roughly 1% on the TCS led rally.

On the other side, Nifty Realty and Nifty Metal both fell more than 3%, Nifty Auto slipped about 2%, and Nifty Defence lost roughly 1.5% as profit booking hit recent outperformers.

Which Stocks Were in the Spotlight This Week?

In this weekly market update, Trent led the gainers’ board, surging 13.11% after a Q2 business update showed revenue up 23% year on year and its Zudio chain crossing 1,000 stores, with HSBC setting a ₹3,390 target on the stock. Kotak Mahindra Bank gained 6.01% and Axis Bank added 3.02% as the banking recovery broadened, while HDFC Life Insurance and BSE rose 4.83% and 3.38% respectively.

Adani Enterprises was the week’s biggest loser, down 8.02%, while JSW Steel fell 5.45% and Hindalco Industries dropped 4.05%, tracking the metal sector lower on tightening fears. Bharat Electronics fell 4.34% in line with the defence index, and Titan Company slipped 3.71% for a third straight week among the top losers in this weekly market update.

How Did the Rupee, Crude Oil and Gold Move This Week?

The rupee closed the week at ₹96.73 per US dollar, still under pressure despite the equity market’s recovery, as the RBI’s rate hike wasn’t enough to offset broader dollar strength.

As this weekly market update shows, commodities on MCX were mostly firmer. Gold rose 0.77% to ₹1,48,909 per 10 grams, crude oil added 2.02% to ₹8,854 a barrel even as it eased late in the week on US Iran truce hopes, and natural gas jumped 5.58% to ₹306.60 per mmBtu. Silver was the lone decliner, down a marginal 0.11% to ₹2,21,191 per kg. These are MCX closing levels for the week and move daily, so check current prices before acting on them.

What Do FII and DII Flows Show in This Weekly Market Update?

Foreign institutional investors stayed net sellers through the week, offloading ₹4,699 crore of Indian equities on 5 October and a further ₹6,121 crore on 7 October, continuing the outflow trend that has dogged the market since August.

Domestic institutional investors absorbed most of that supply, buying ₹5,182 crore on 5 October and ₹4,597 crore on 7 October. This FII sell, DII buy pattern has cushioned the market through the recent correction, and it held again this week even as the RBI’s hawkish surprise gave foreign investors another reason to stay cautious.

What Should You Watch in Next Week’s Weekly Market Update?

Here’s what to watch in next week’s market update. Two inflation prints frame the week ahead: September CPI lands on Monday and is expected to come in near the top of the RBI’s tolerance band, followed by WPI data on Wednesday. Either number running hot could reinforce the RBI’s new calibrated tightening stance and keep bond yields elevated.

Q2 earnings season is also unfolding, and with the Nifty trading near 19 times trailing earnings, below its long term median, markets will be watching whether more companies can repeat TCS’s steady show. The index levels on the NSE and BSE websites are the official source to track this live.

If you’re on a floating rate home loan, this week’s 25 basis point repo hike to 5.50% translates into a real EMI increase, and running your numbers through Stock Charcha’s EMI calculator is a quick way to see exactly how much your monthly outflow moves. And if eight weeks of swings have you second guessing your SIPs, Stock Charcha’s SIP calculator can show how a steady monthly investment would have ridden out exactly this kind of volatility.

This weekly market update is for general information and education only, not personalised investment advice, and Stock Charcha is not a SEBI registered investment adviser. Index levels, stock moves and commodity prices above are illustrative, based on closing data for the week of 05 to 11 October 2026. Verify current figures against the NSE, BSE or RBI before acting on them, and speak with a SEBI registered adviser for decisions specific to your own portfolio.