Weekly Market Metrics | Week 45 (2–6 Nov 2026) | NIFTY’s Biggest Weekly Rally in 5 Years!

Start your investing journey for free! Open a zero-brokerage Demat and trading account with Zerodha to invest in Stocks, Mutual Funds, ETFs, and Bonds: https://zerodha.com/open-account/?c=Z... Welcome to Weekly Market Metrics — your weekend wrap-up of everything that mattered in the markets this week, plus a quick peek into what’s coming up next! I’m your host, Sandeep Rao (SEBI Registered Research Analyst – INH000013059). We’re in Week 45 of 2026, and what a week it was! After weeks of weakness, NIFTY staged a remarkable recovery, gaining 8.6% and closing above the 25,000 mark. All five trading sessions ended in the green, marking NIFTY’s biggest weekly gain in nearly six years. The rally also saw NIFTY reclaim all its key moving averages, while financial services and realty stocks led sectoral gains. But uncertainty hasn't disappeared just yet. India VIX jumped 14%, precious metals remain under pressure, and global developments around US midterm elections, AI investments and crude oil continue to influence market sentiment. We also look at NIFTY's trading ranges, expiry data, options positioning, and a simple trend-following strategy based on the 50-hour EMA. With Muhurat Trading around the corner, we also look at what the options market is pricing in and the key events to watch in the coming week. Let’s break it down. 📌 Chapters 00:00 Intro 02:30 ROC - Headline Indexes 03:39 NIFTY - Charts - Weekly, Daily, & Hourly Structure 06:32 CY 2026 performance - NIFTY 50 EMA (Hourly) 08:08 Weekly Expiry Recap 10:08 Straddle Pricing 11:05 India VIX 11:25 Sectoral Indexes 11:56 Tijori Indexes 12:54 Commodities – Gold, Silver, Copper, Crude & Natural Gas 14:31 Weekly Summary & Our Take 15:51 What Caught Our Attention This Week 17:48 Events to factor in - in the coming week Muhurat Trading 2026 →    • Diwali Muhurat Trading 2026: 11 Years of D...   🔗 References & Recommendation Collection of essays from the Brookings Institutes - The midterm effect: What the 2026 election could mean for public policy → https://www.brookings.edu/articles/th... Article by Aeon - In praise of the dilettante → https://aeon.co/essays/why-the-dilett... Podcast by Top Traders Unplugged - What If Lower Volatility Is the Wrong Goal ft. Suhaimi Zainul-Abidin → https://www.toptradersunplugged.com/p... 📊 Market Metrics & Tools 📹 Key Market Metrics Video →    • 6 Key Weekly Market Metrics You Should Tra...   📊 Market Metrics Google Sheet → https://tinyurl.com/Market-Metrics-Sa... 📅 Zerodha Holiday Calendar → https://zerodha.com/marketintel/holid... If you prefer reading, we've written a post about this episode here: https://inthemoneybyzerodha.substack.... Do check out our newsletter "Aftermarket Report" where we do a quick daily wrap-up of what happened in the markets, both in India and globally. here: https://aftermarketreport.substack.com/ Check out Varsity Live, a hands-on way to learn finance with experts. Instead of only listening, you practice in real time through activities like personal finance planning, technical charting, balance sheet analysis, and more: https://varsitylive.zerodha.com/home Disclaimer: Investments in securities are subject to market risks. Please read all related documents carefully before investing. SEBI registration does not guarantee the performance of the intermediary or assure returns to investors. The securities mentioned are for illustrative purposes only and do not constitute a recommendation. By proceeding, you acknowledge and agree that any returns shown on this platform are solely for informational purposes. They are not intended to serve as advertisements or promotional material, nor should they influence your investment decisions. Trading and investment decisions should be made at your own discretion, and it is strongly advised to consult a qualified financial advisor before acting on any information provided. Note: Some image(s) may have been created using Al, no copyright infringement is intended. About Zerodha At Zerodha, we simplify complex financial topics to empower you with the knowledge to make smarter investment choices. Whether you're just getting started or looking to sharpen your skills, we’re here to help you navigate the financial world with clarity.