NIFTY crosses 24,550, SENSEX rallies over 2,100 pts; BSE, Lenskart, LG Electronics among buzzing stocks

The Indian benchmark indices, SENSEX and NIFTY50, advanced during the afternoon session on Thursday, November 5, amid broad-based buying in financial services, capital market and auto stocks. Furthermore, persistent foreign fund inflows also positively impacted investor sentiment.

The markets surged on Thursday as Brent crude oil prices dropped over 11%, falling below $95 per barrel (bbl), a day after US President Donald Trump’s Republican Party lost the US midterm elections. Democrats took control of the House of Representatives, and the Senate was perceived as an overall positive sentiment in the United States and the global market.

The SENSEX rallied as much as 2.8% to hit an intraday high of 79,465.03. Meanwhile, the NIFTY50 soared as much as 2.6% to touch the session’s peak of 24,579.90.

At 1:51 PM, the S&P BSE SENSEX gained 2,124.77 points, or 2.75%, to trade at 79,426.17. NSE’s NIFTY50 stood at 24,566.90, reflecting a 606.30-point, or 2.53%, jump.

On Wednesday, the foreign institutional investors (FIIs) purchased stocks worth ₹7,284.03 crore, while the domestic institutional investors (DIIs) sold equities worth ₹3,712.23 crore on a net basis, according to exchange data.

The top gainers in the NIFTY50 index included Bajaj Finance, Shriram Finance, BSE, Tata Motors PV, and Mahindra & Mahindra (M&M).

On the other hand, Apollo Hospitals Enterprise, ONGC, NTPC, Coal India and Dr. Reddy’s Laboratories were among the top losers.

Buzzing stocks on November 5: Check list

Oil-linked stocks opened with sharp gains on Thursday, November 5, as crude oil prices fell sharply in the previous session after the US midterm election results.

Among oil marketing companies (OMCs), Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL), and Indian Oil Corporation (IOC) shares surged. However, upstream oil producers such as ONGC and Oil India traded lower.

Metal, mining and mineral processing stocks like Vedanta, Hindustan Zinc, and Gujarat Mineral Development Corp. (GMDC), among others, were in focus of investors on Thursday, November 5, after the Union Cabinet approved a ₹2,814 crore outlay for critical mineral processing in the country.

On Wednesday evening, the Prime Minister Narendra Modi-led Union Cabinet approved a ‘Capex Support Scheme,’ in an effort to promote critical mineral processing in the country with the help of a ₹2,814 crore financial outlay over a period of five years.

Lenskart Solutions shares jumped 10.5% to hit a fresh all-time high of ₹762.75 apiece on the National Stock Exchange (NSE) on Thursday, November 5, as investors cheered Q2 FY27 earnings.

For the quarter ended September 2026, the company’s revenue from operations jumped 32.5% year-on-year (YoY) to ₹2,845 crore, led by volume growth and premiumisation. The Indian business surged 35.3% YoY, and the international business surged 29.5% YoY (~23.5% in constant currency).

At the operating level, the company’s EBITDA surged 46.6% YoY to ₹624 crore, and the margin expanded by 21.9%. The net profit more than doubled to ₹232 crore, up from ₹112 crore in the corresponding quarter last year.

The stock of Physicswallah gained as much as 10.1% to hit an intraday high of ₹140.25 per unit on the NSE on November 5, following its strong earnings for the September quarter of the 2026-27 financial year (Q2 FY27).

The company reported a 101.25% YoY growth in its consolidated net profit to ₹145.57 crore during the quarter under review, compared with ₹72.33 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).

The net profit was helped by a ₹20 crore goodwill impairment and a ₹10 crore fair-value gain. “Profitability improved as the recovery worked through the business,” the company said in its earnings statement.

Its consolidated revenue from operations stood at ₹1,242.26 crore in the quarter ended September 30, 2026, marking an 18.2% YoY increase from ₹1,051.24 crore in the same period last year.

LG Electronics India shares surged as much as 8.5% to hit a 52-week high of ₹1,836 per unit as it posted a 25.66% YoY increase in its net profit to ₹489.35 crore in the September FY27 quarter, as against ₹389.43 crore in the year-ago period.

Its revenue from operations advanced 19.5% YoY to ₹7,380.05 crore during the quarter under review, compared with ₹6,174.03 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹701 crore in Q2 FY27, registering a 28% YoY growth from ₹548 crore in the year-ago period.

Its EBITDA margin rose 63 basis points (bps) YoY to 9.5% for the reporting period, as against 8.9% in the September quarter of FY26, despite commodity and currency headwinds.

Tonbo Imaging India stock rallied as much as 20% to hit a 52-week high of ₹1,530.30 per equity share on the NSE on Thursday, as it reported its first earnings since listing.

It posted a consolidated net profit of ₹23.5 crore in Q2 FY27, compared to a loss of ₹9.62 crore in the same period last year.

Its revenue from operations surged manyfold YoY to ₹183.3 crore during the quarter under review, as against ₹8.9 crore in Q2 FY26.

Tata Power Company shares were trading over 1% higher during Thursday’s session, after it said that its subsidiary Tata Power Renewable Energy (TPREL) commissioned its 300 MW solar project for Solar Energy Corporation of India (SECI) in Koppal, Karnataka.

TP Saurya, a wholly owned subsidiary of TPREL, is the developing company of this project, it further stated.

Upon commissioning, the project is expected to generate 810 MUs of renewable energy annually and help mitigate an estimated 103,820 tonnes of carbon emissions each year, reinforcing the transition towards a cleaner energy future.

The project will supply renewable power to the SECI. A key technology feature of the project is the deployment of Solar Trackers, enabling the solar modules to track the movement of the sun and optimise energy generation.

The stock of BSE Ltd advanced as much as 6.7% to hit an intraday high on the NSE on November 5, a day after it reported a 44.9% YoY growth in its consolidated net profit to ₹809.15 crore in the quarter ended September 30, 2026.

In the corresponding period of the preceding fiscal year, it had logged a profit of ₹558.43 crore. Sequentially, however, its profit declined 7.4% quarter-on-quarter (QoQ) from ₹874.02 crore in the quarter-ago period.

BSE’s consolidated revenue from operations advanced 34.1% YoY to ₹1,432.66 crore during the quarter under review, as against ₹1,566.02 crore in the July-September quarter of the 2025-26 fiscal year.

Shares of Bombay Coated and Special Steels debuted at ₹91 apiece on the NSE. This reflects a premium of 10.98% over the IPO issue price of ₹82 per share. On the BSE, the stock is listed at ₹92.02 per share, up 12.22% from the issue price.

A lot consisted of 182 shares and cost ₹14,924. Investors who received Bombay Coated and Special Steels IPO allotment made ₹1,638 per lot, taking the value of their investment to ₹16,562, as per the listing price on the NSE.

The ₹183.06 crore initial public offering was solely a fresh issuance of 2.23 crore equity shares. There was no offer for sale (OFS) component.