Quarterly results · Closing edition · Sunday 8 November 2026
Tata Steel rose 4.5% on quarterly results
2 reports since yesterday, led by The Economic Times: “Tata Steel shares jump 3% after Q2 profit rises 16% YoY. Should you buy, sell or hold?”
What happened
The Nifty 50 fell 0.18% to close at 24,986.40, and India VIX ended at 18.38.
Who it moved
- Tata Steel
- +4.51% today
Nifty 50 24,986.40 (−0.18%), India VIX 18.38, as of 8 Nov, 15:52 IST.
How we scored it
MethodWhat followed similar days
We found 781 past sessions when the Nifty moved down by a similar amount since 17 November 2016. Five sessions later the Nifty was higher 56% of the time. The median move was +0.3% after five sessions and −0.04% the next day.
Higher by more than 1%
36% of similar days
A quarter of these sessions gained +1.5% or more five sessions later.
Within 1% either way
37% of similar days
The median move five sessions later was +0.3%.
Lower by more than 1%
27% of similar days
A quarter of these sessions fell −1.1% or worse five sessions later.
What happened after similar days in the past, five sessions on. This is history, not a forecast or a target. Daily closes: Yahoo Finance.
Our take
We score this a significant event, 65 out of 100. Across 781 past sessions when the Nifty moved down by a similar amount since 2016, the Nifty was higher five sessions later 56% of the time, with a median move of +0.3%. The record leans positive, but a quarter of those sessions still saw −1.1% or worse. This describes what has happened before; it is not a forecast or a recommendation.
Reports we counted
Written automatically from public data using fixed rules; no person picks the event or edits the numbers. This is market information, not investment advice or a recommendation to buy or sell any security. Past patterns do not guarantee future results. See the disclaimer.