Nifty's Strongest Week Since 2021: FII Buying, a Holiday Break and CPI Due Nov 12

Strongest week since February 2021

The Nifty rose about 8.6% in the week to 6 November and closed near 25,030. It was the index's best week since February 2021 and its seventh straight up session.

Foreign investors came back

Foreign institutional investors bought about ₹45,960 crore in the 2–6 November sessions. Domestic institutions were net sellers over the same stretch, so some analysts question whether the buying can last.

A shortened week

Markets are closed for the Balipratipada holiday this week. The Sensex closed at 81,106.65 and the Nifty at 25,044.65 on Monday, 9 November. Check the exchange calendar for the exact trading days.

What's next

• October CPI, due 12 November: Consensus is around 5.9%, up from 5.5% in September and close to the RBI's 6% upper tolerance. A print at or above 6% could strengthen bets on another RBI rate hike in December.
• Volatility: India VIX rose to about 17.5, so expect bigger daily swings.
• Support levels: Analysts say the Nifty needs to hold above 25,000 to extend the rally. Some warn of profit-booking after the sharp run.

Educational content, not investment advice.