Market snapshot
Nifty 5023,440.80+1.68%
Sensex75,692.78+1.66%
Bank Nifty55,002.20+0.58%
Previous close · 2 Nov 2026 · Nifty has risen for 3 straight sessions — a streak that long has occurred 90 times across the last 1,290 sessions.
In the previous session, the Indian stock market witnessed a strong rally with the Nifty 50 reclaiming the 23,000 mark, driven by renewed FII buying. This marked a significant shift in investor sentiment, as foreign investors turned net buyers, boosting liquidity and confidence across sectors. The banking and IT sectors, seen as economic barometers, particularly benefited from increased inflows, while the stability of the rupee provided a supportive backdrop for sustained foreign investment.
The big story
Nifty reclaims 23,000 as FIIs turn net buyers; rupee ends unchanged
Nifty reclaims 23,000 with FIIs as net buyers.
News
The Reserve Bank of India is investigating RedotPay following reports of sudden deactivations of crypto cards, raising concerns about a potential crackdown on crypto-related financial services.
Oil prices steadied after a significant slump, with hopes for US-Iran peace talks, while gold maintained its gains amid easing inflation concerns.
Three BSF jawans were attacked by smugglers in Tripura's Boxanagar, prompting Chief Minister Manik Saha to promise strict action against the perpetrators.
The Sensex and Nifty extended their gains for the third consecutive day, supported by easing volatility and reduced fears over the West Asia conflict.
US President Donald Trump expressed confidence that the conflict with Iran will end soon, amid diplomatic efforts involving Qatar and Vice-President JD Vance's outreach to Iran's security chief.
A 7.0-magnitude earthquake struck northern Tibet, raising concerns following recent devastating floods and landslides near the Nepal-China border.
The Indian stock market is expected to open higher, with the Sensex and Nifty extending their gains, supported by easing crude oil prices and hopes for de-escalation in the Middle East.
The Sensex surged over 1,200 points and the Nifty reclaimed the 23,400 mark, driven by a significant rise in Reliance Industries and easing crude oil prices.
Stocks Updates
Larsen & Toubro: secured an order for the construction of nine high-rise residential towers in Mumbai and nine residential towers in Bengaluru.
Granules India: reported quarterly revenue of ₹1,500 crore in Q2 FY27 with EBITDA of ₹338 crore.
Escorts Kubota: approved the unaudited financial results for the quarter and half year ended September 30, 2026.
Devyani International: reported Q2 revenues of ₹15,194 million, up 10.4% year-on-year, with KFC SSSG at +4.4%.
Jupiter Wagons: received orders worth over ₹324 crore from GATX India and Chetak International.
Power Grid Corporation of India: approved the sale and transfer of its entire equity shares in Central Transmission Utility of India Limited to Grid Controller of India Limited.
Trident: setting up a new yarn manufacturing facility at Dhar, Madhya Pradesh, with a capacity of 1,99,680 spindles.
FII / DII activity
FIIBought ₹3,114.68 Cr
DIISold ₹392.2 Cr
FIIs bought ₹3,114.68 Cr, DIIs sold ₹392.2 Cr today.
Market breadth
Nifty 500
Advances404
Declines94
A/D ratio4.30
Broad participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
Energy+3.92%
Infra+3.70%
Metal+3.21%
PSU Bank+1.36%
Auto+1.33%
Realty+1.03%
FMCG+0.84%
Fin Services+0.76%
Bank+0.58%
Pharma-0.07%
IT-0.50%
Media-0.76%
Leaders: Energy, Infra · Laggards: Media, IT
Top gainers and losers
Gainers
DIXON₹12,319.00+11.99%
RELIANCE₹1,300.00+11.60%
NBCC₹76.13+9.29%
INOXWIND₹59.78+8.30%
IEX₹107.52+6.56%
Losers
SYRMA₹1,512.00-6.97%
POLICYBZR₹931.00-6.91%
LODHA₹1,002.80-3.30%
KARURVYSYA₹344.50-3.26%
NAVINFLUOR₹8,406.00-3.16%
Commodities & forex
🪙 Gold (10g)₹1,40,222.00+0.03%
🥈 Silver (1kg)₹1,83,555.00-0.12%
USD/INR94.90-0.26%
Global cues
S&P 5007,541.40-0.51%
Nasdaq25,164.36-1.07%
S&P 500 futures7,614.00-1.81%
Nasdaq futures28,534.00-3.48%
The S&P 500 and Nasdaq reversed earlier gains to close down, with Apple reporting its quarterly results.
A slide in the Nasdaq is casting a shadow over the Asian market open, while oil prices fell amid developments involving Iran.
Concerns over capital expenditures in the tech sector led to drops in the S&P 500 and Nasdaq, despite hopes for US-Iran diplomacy.
The Nasdaq-100 entered its third correction this year as worries about artificial intelligence continue to grow.
Declines in AI and tech stocks overshadowed gains in other sectors on Wall Street.
Technical levels
Nifty support23,284.97 / 23,129.13
Nifty resistance23,518.72 / 23,596.63
Bank Nifty support54,707.35
Bank Nifty resistance55,171.70
Nifty is in sideways trend. Trading below 200 DMA suggests caution. Short-term MAs are supportive — signals conflict; defer to the 200 DMA.
Corporate actions
Upcoming ex-dates
Concord Biotech
Bonus 1:1 · ex 4 Nov
R R Kabel
Interim dividend ₹6.50/sh · ex 3 Nov
Mazagon Dock Shipbuilders
Interim dividend ₹5.00/sh · ex 3 Nov
Earnings calendar
AIA Engineering Limited2026-11-03
Authum Investment & Infrastructure Limited2026-11-03
Anthem Biosciences Limited2026-11-03
Asahi India Glass Limited2026-11-03