# Diwali 2026: Nifty 50 crosses 25,000

> Nifty 50 surges past 25,000 as Indian markets enter Samvat 2083.
- Title: Diwali 2026: Nifty 50 crosses 25,000 · mint | Shortify
- Summary: Nifty 50 surges past 25,000 as Indian markets enter Samvat 2083. Indian equities entered Samvat 2083 with Nifty 50 above 25,000 after biggest weekly gains…
- Keywords: nifty 50, sensex, samvat 2083, diwali 2026, foreign institutional investors, crude oil prices, corporate earnings, technical analysis, market support levels, market resistance levels, market targets, mint
- Source: mint — https://livemint.com/market/diwali-2026-stock-market-enters-samvat-2083-with-nifty-50-above-25-000-key-support-resistance-levels-targets-to-know-11794037933505.html
- Author: Dhanya Nagasundaram
- Published: 2026-11-07T09:19:13+00:00
- Read time: 1 min
- Topics: nifty 50, sensex, samvat 2083, diwali 2026, foreign institutional investors, crude oil prices, corporate earnings, technical analysis, market support levels, market resistance levels, market targets, money
## Market enters Samvat 2083
Indian equities entered Samvat 2083 with Nifty 50 above 25,000 and Sensex above 81,000 after biggest weekly gains since 2021.
## Weekly gains drive rally
Both benchmark indices recorded their biggest weekly gains since February 2021, rising 8.6% and 8.8% as crude oil prices corrected and foreign buying surged.
## Foreign buying surge
Foreign institutional investors purchased ₹ 13,749.82 crore on Friday, taking their five-day purchases to ₹ 35,781 crore.
## Index performance
Nifty 50 closed at 25,030.35, Sensex at 81,028.02, both at highest levels in more than eight months.
## Market context
Despite gains, Nifty down 4.2% and Sensex down 4.9% compared to 7% gain in MSCI Emerging Markets index.
## Technical analysis
Nifty 50 has moved above all key exponential moving averages and 200-day simple moving average.
## Overbought conditions
Momentum indicators entered overbought territory suggesting potential consolidation after sharp rally.
## Key support levels
Immediate support zone 24,770, 24,500, crucial support at 24,300 for Nifty 50.
## Resistance levels
Intermediate resistance at 25,150, key resistance near 25,400 for Nifty 50.
## Market outlook
Analysts expect consolidation after sharp rally with potential for Nifty to reach 26,000.
## Foreign institutional buying
Foreign institutional investors purchased ₹ 35,781 crore over five trading sessions, reversing October selling.
## Corporate earnings
Better-than-expected corporate earnings growth supported the rally, with large-cap stocks driving the market.
## Market divergence
Sensex rallied 2.6% while Nifty Smallcap 100 gained only 0.67%, indicating institutional money shift to large-caps.
## Next steps
Traders advised to adopt conservative approach with selective participation during festive season.
## Key takeaway

Indian equities entered Samvat 2083 with Nifty 50 above 25,000 after biggest weekly gains since 2021.