Festive Celebration Starts on D-Street: Sensex, Nifty Rally Before Diwali

As the market opened today before Diwali 2025, tomorrow, the Dalal Street will witness a significant rally in the equity benchmark indices Sensex and Nifty. The Sensex climbed more than 400 points or 0.5% until 12:26 p.m. today, while Nifty surged around 134.2 points or 0.52%. Nifty 50 also surpassed the 25900 mark today, which is quite significant; however, currently trading at around 25844.
While this is a pre-Diwali rally for the markets, the prime catalyst is the exceptional Q2 results of heavyweight stocks and positive global cues.
Factors Driving the Diwali Rally Today
- Excellent Quarterly Results: From Reliance Industries to Infosys, Jio Financial Services, and other major stocks have witnessed heavy buying pressure, especially after Reliance announced its Q2FY26 results. As per RIL Q2 results, the net profit of the conglomerate went up by 14.3% YoY during the quarter to ₹22092 crore, and the topline numbers along with operational figures are just astounding. The gross revenue of the company increased to ₹2.84 lakh crore, growing at 10% which also surpassed the growth rate in the previous year. Not only Reliance, but HDFC Bank’s results have also turned in favor of the market today. The bank’s profit increased by 10% during the quarter, which pushed the HDFC share price by 1.54% today.
- Positive global cues: Markets across Asia were on a positive note as trade tensions between the US and China eased. All the Asian indices, such as Nikkei 225, Kospi, Sang Seng Index, all ended in green on Friday.
- FIIs Buying: Finally, Foreign Institutional Investors are turning towards India again, and on Friday, they were net buyers with a net purchase of Indian equities worth ₹308.98 crore. DIIs are retaining their stance and keep pouring money into the markets, and on Friday, their net purchase was of ₹1526.61 crore.
- Crude Oil Movement: Another important factor affecting the market third Diwali is the Brent Crude prices, as it declined by 0.36% to USD 61.07 per barrel. Now, lower fuel prices actually mean easing inflation and improving market conditions. It also helps in reducing India’s trade balance, which also boosted the market sentiment today.
- Improving Rupee: Finally, the Indian Rupee is improving, which can be another significant cause behind today’s market rally in India.
Final Thoughts
So, as the streets and homes light up with the Diwali celebrations starting today, the markets have also decked up with positive sentiments. With this market closing for the next two days for holidays, but will open for Muhurat Trading tomorrow.
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.