Indian equity markets closed higher for the fifth consecutive session on November 4, with the Sensex rising 384 points to 77,301 and the Nifty gaining 150 points to close at 23,961. Gains were led by metal, realty, media and consumer durable stocks, while IT shares remained under pressure. Broader markets outperformed, with midcap and smallcap indices rising over 1–2%. Positive domestic earnings, FII buying and easing crude prices supported sentiment. Jio Platforms, which completed India’s largest IPO of ₹30,213 crore in late October and listed at a strong premium, continues to attract investor interest as it trades well above its issue price of ₹1,119.
