Sensex rises for 5th day, gains 384 pts; Nifty at 23,961; IT only sectoral loser

Indian stock markets extended their winning streak to a fifth day on Wednesday, with the Sensex rising 383.55 points to close at 77,301.40 and the Nifty50 gaining 149.75 points to 23,960.60. Gains were driven by strength in FMCG, realty, and metal shares, while the Nifty IT sector fell over 1 percent as the worst performer. Broader markets outperformed, with the Nifty MidCap 100 and SmallCap 100 rising 1.55 percent and 2.0 percent respectively. Market direction will depend on quarterly earnings, crude oil trends, Middle East developments, US bond yields, and foreign institutional flows. Foreign investors were net buyers of ₹6,837 crore on November 3, while domestic institutions sold ₹3,679 crore.