Indian Stocks Snap Diwali Win Streak in First Drop Since 2017
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report is about India.
Directly affected
- No company is named in this report.
Indirectly affected
- INDA iShares MSCI India ETF-5.1% 15d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”).
- HDB HDFC Bank-3.0% 30d
HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- INFY Infosys
Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- RDY Dr. Reddy's Laboratories
Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- MMYT MakeMyTrip
MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| INDA | -4.83% | -1.69% | base | after close | after close | after close | after close |
| HDB | -9.70% | -3.22% | base | after close | after close | after close | after close |
| INFY | +0.20% | -2.08% | base | after close | after close | after close | after close |
| RDY | -5.10% | -0.87% | base | after close | after close | after close | after close |
| MMYT | -10.67% | -0.72% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Indian Stocks Snap Diwali Win Streak in First Drop Since 2017 Bloomberg
Source: Bloomberg
The price since 8 Nov 2026: Ishares Tr (INDA) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Hdfc Bank (HDB) | three days earlier | -3.22% | final price |
| Hdfc Bank (HDB) | five days earlier | -9.70% | final price |
| Ishares Tr (INDA) | three days earlier | -1.69% | final price |
| Ishares Tr (INDA) | five days earlier | -4.83% | final price |
| Infosys (INFY) | three days earlier | -2.08% | final price |
| Infosys (INFY) | five days earlier | +0.20% | final price |
| MakeMyTrip (MMYT) | three days earlier | -0.72% | final price |
| MakeMyTrip (MMYT) | five days earlier | -10.67% | final price |
| Dr Reddys Laboratories (RDY) | three days earlier | -0.87% | final price |
| Dr Reddys Laboratories (RDY) | five days earlier | -5.10% | final price |
Who gains and who loses around Ishares Tr (INDA)
Companies carried with this story
- INDA Ishares Tr
Ishares Tr (INDA) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Indian Stocks Snap Diwali Win Streak in First Drop Since 2017.” Reason on file: iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”)
- HDB Hdfc Bank
In “Indian Stocks Snap Diwali Win Streak in First Drop Since 2017,” Hdfc Bank (HDB) is linked, with no stored direction, medium confidence. Reason on file: HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
- INFY Infosys
For “Indian Stocks Snap Diwali Win Streak in First Drop Since 2017,” Infosys (INFY) is linked, with no stored direction, medium confidence. Reason on file: Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
- RDY Dr Reddys Laboratories
In “Indian Stocks Snap Diwali Win Streak in First Drop Since 2017,” Dr Reddys Laboratories (RDY) is linked, with no stored direction, medium confidence. Reason on file: Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
- MMYT MakeMyTrip
For “Indian Stocks Snap Diwali Win Streak in First Drop Since 2017,” MakeMyTrip (MMYT) is linked, with no stored direction, medium confidence. Reason on file: MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
Ishares Tr (INDA)
On 8 Nov 2026, “Indian Stocks Snap Diwali Win Streak in First Drop Since 2017” is the story that connects Ishares Tr (INDA) to this story.
For Ishares Tr (INDA), the reason on file says iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”)
A second company, Hdfc Bank (HDB), is listed for a different reason: HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
The price range for Ishares Tr (INDA), and the dates in the story
HDB traded between 21.36 and 24.00 across 20 sessions. The latest close on file is 22.70. INDA traded between 45.35 and 47.92 across 11 sessions. The latest close on file is 46.04. INFY traded between 10.12 and 10.86 across 4 sessions. The latest close on file is 10.73.
How strong the case is around Ishares Tr (INDA)
47 out of 100
“Indian Stocks Snap Diwali Win Streak in First Drop Since 2017” scores 47 out of 100. The score uses 2 sources, and 5 linked companies.