Stock market prediction for Friday, 6 November, 2026: The Indian stock market is likely to open on a lower note as GIFT Nifty signalled a muted opening on Friday, 6 November.
Meanwhile, Asian markets opened on a weak note on Friday, after a sharp sell-off on Wall Street overnight on Thursday.
Indian benchmark indices, the Sensex and Nifty 50, are now 6,849 points and 1,822 points away, respectively, from their previous record highs. A strong rebound in domestic equities, easing crude oil prices and improving foreign investor sentiment have fuelled optimism that the indices could scale fresh lifetime peaks.
On Thursday, the BSE Sensex rallied 2,008.61 points, or 2.60%, to close at 79,310.01, while the NSE Nifty 50 advanced 576 points, or 2.40%, to settle at 24,536.60.
"Markets extended their winning streak for the sixth consecutive session on Thursday, with benchmark indices witnessing strong buying interest. The Nifty traded around 24,540, up nearly 2.5%, while the Sensex advanced close to 2,000 points to around 79,373, reflecting a sharp improvement in investor sentiment.