OICHARTS
8 AMThe 8 AM report →
BankingFinancial ServicesAfter close

Sensex and Nifty rebound 1% as financials lead recovery

after close1 source ↓written by the desknot a recommendation

to close
83,216
rebounded
323 points
57,877
ahead of earnings
3%
from the day’s
2%

The equity benchmarks staged a sharp recovery on 07 Nov 2023, with the Sensex rising 1% from its lows to close at 83,216. The Nifty Bank index rebounded 323 points to 57,877, driven by gains in financials and midcap stocks. Shriram Finance and Bajaj Finance were notable gainers, rising nearly 3% ahead of earnings announcements.

• Nifty Midcap index climbed 2% from the day’s low

• Mahindra & Mahindra rose 2% post positive brokerage outlook

This recovery may boost trader sentiment in the near term.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 7 Nov 2025, 16:09 IST.

Sourcesnews.google.com

The market after the news

SHRIRAMFIN closed +0.6% on the day of the news, from ₹816.35 to ₹821.10; Nifty +0.3% over the same session; futures OI −1.0%.

Bulletin at 16:09 IST on 7 Nov 2025. Every change is measured from ₹816.35, the last close before it, on 7 Nov. Nifty 50 is measured over the same sessions.

  • SHRIRAMFIN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SHRIRAMFIN closes around the bulletin against the close before the news, with Nifty 50 rebased to it727.53816.35905.17axis spans 24%before the news · 7 Nov816.35Nifty 50SHRIRAMFINbulletinD0+1+3+531 Oct13 Nov24 NovFutures open interest, lotspeak 69,000Reference close ₹816.35. 16 sessions from 31 Oct to 24 Nov; the price axis spans 24 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before7 Nov₹816.35basebase
On the day10 Nov₹821.10▲ +0.6%▲ +0.3%+0.3 pp difference
+1 session11 Nov₹832.30▲ +1.9%▲ +0.8%+1.2 pp difference
+3 sessions13 Nov₹814.00▼ −0.3%▲ +1.5%−1.8 pp difference
+5 sessions17 Nov₹817.90▲ +0.2%▲ +2.0%−1.9 pp difference
Gap at the open, % · ₹
▲ +0.7%+5.63 on 10 Nov
Day's range, % · ₹
1.7%≈ 14 high to low
Volume on the day
1.13×the 20-session average
Futures OI on the day
▼ −1.0%−660 lots · short covering · price +0.6%
Futures OI open, lots
65,00010 Nov · 25 Nov expiry
Futures premium, ₹
+3.50+0.4% to spot
Puts per call, by OI
1.23from 1.10 the session before
Max pain
800from 790 the session before

Source NSE UDiFF bhavcopy · SHRIRAMFIN on the desk →

Related