Full issue · 2026-11-05

Market Pulse: 5 November 2026 - Pre-Market Update

Market snapshot

Nifty 5023,960.60+0.63%

Sensex77,301.40+0.50%

Bank Nifty55,913.60+0.67%

Previous close · 4 Nov 2026 · Nifty has closed between +0.5% and +1.0% on 224 of the last 1,292 sessions.

Yesterday, Indian markets rose modestly with broad-based gains, driven by global optimism following the US midterm election results. A weaker dollar and cooling US Treasury yields buoyed sentiment, benefiting sectors like banking and IT. Meanwhile, corporate developments such as BHEL's order wins and mergers in the healthcare sector, like KIMS' merger with its subsidiary, also contributed to the positive momentum.

The big story

Dollar edges lower as US election outcome cheers global markets

Dollar weakens as US election results boost global market sentiment.

News

A benchmark Asian rice price has climbed to its highest level in nearly two years, raising concerns about accelerating food inflation as the El Niño weather pattern disrupts production in major rice-growing regions, including India.

The Sensex and Nifty extended their gains for the third consecutive day, supported by easing geopolitical tensions and a significant drop in market volatility, with analysts expecting the bullish trend to continue amid upcoming general elections and corporate earnings season.

Indian equities are gaining traction in Asia as stronger earnings and a return of foreign investors support further outperformance, with profits at two-thirds of BSE 100 companies rising 20% year-on-year in the September quarter.

The Election Commission of India will launch a special voter enrolment drive in Uttar Pradesh from November 12, focusing on registering women and young people whose names are missing from the electoral rolls.

An Indian-flagged cargo vessel, 'Al Jusufi', was attacked off the coast of Oman, resulting in the death of one sailor, while 13 crew members were safely evacuated by the Omani Coast Guard.

Stocks Updates

NLC India: declared an interim dividend of 15% (₹1.5 per equity share) for FY 2026-27, with a record date of November 12, 2026.

Physicswallah: completed the first three tranches of the acquisition, holding 75.50% of Utkarsh Classes' equity share capital.

Jupiter Wagons: received an order from Balmer Lawrie for 3 Railway Rakes-BFNS22.9T Wagons and Brake Van, valued at approximately ₹61 crore.

Prestige Estates Projects: acquired 100% of Gloind Vintage Infra from DSFF Series 2 and Mr. Jasbir Singh, making it a wholly owned step-down subsidiary.

FSN E-Commerce Ventures: approved the acquisition of 82% equity stake in Simply Nam for up to ₹33 crore.

HEG Advanced Materials: reported 61% progress on the Phase I 20,000 MT anode materials facility, with completion planned for June 2027.

Krishna Institute of Medical Sciences: approved the merger of KIMS Hospitals Private Limited with Krishna Institute of Medical Sciences Limited.

FSN E-Commerce Ventures: approved the acquisition of 82% equity stake in Simply Nam for up to ₹33 crore.

FII / DII activity

FIIBought ₹7,284.03 Cr

DIISold ₹3,712.23 Cr

FIIs bought ₹7,284.03 Cr, DIIs sold ₹3,712.23 Cr today.

Market breadth

Nifty 500

Advances411

Declines88

A/D ratio4.67

AdvancesDeclines

Broad participation across Nifty 500

Sector performance

12 NSE sector indices, previous close

Media+5.15%

Realty+2.85%

Metal+2.80%

Energy+2.17%

FMCG+1.50%

Auto+1.16%

Infra+1.00%

Fin Services+0.88%

PSU Bank+0.74%

Bank+0.67%

Pharma+0.42%

IT-1.50%

Leaders: Media, Realty · Laggards: IT, Pharma

Top gainers and losers

Gainers

MUTHOOTFIN₹2,709.80+7.18%

INOXWIND₹63.50+6.87%

POWERINDIA₹29,100.00+6.67%

UNOMINDA₹1,196.90+6.44%

BHEL₹423.85+5.96%

Losers

MCX₹3,315.00-5.02%

ZYDUSLIFE₹1,188.10-4.23%

MPHASIS₹2,468.40-2.64%

TCS₹2,436.00-2.52%

HCLTECH₹1,405.00-2.37%

Commodities & forex

🪙 Gold (10g)₹1,43,293.00+0.04%

🥈 Silver (1kg)₹1,87,580.00-0.08%

USD/INR94.75+0.02%

Global cues

S&P 5007,688.62+1.58%

Nasdaq25,736.51+1.44%

S&P 500 futures7,720.50+1.63%

Nasdaq futures28,305.75+0.63%

Wall Street ended higher as Democrats won Congress, although data center stocks faced declines, according to Reuters.

The Wall Street Journal reports a deepening tech selloff is pushing the Nasdaq toward its worst month in over a year.

CNBC highlights Jim Cramer's warning that investors may be overinterpreting the post-election rally on Wall Street.

Yahoo Finance notes that Apple and Microsoft reached all-time highs as the Nasdaq surged 2% in a post-election rally.

CNBC reports the 10-year Treasury yield slid as traders considered the impact of Democrats' midterm victories and falling oil prices.

Technical levels

Nifty support23,784.30 / 23,608.00

Nifty resistance24,048.75 / 24,136.90

Bank Nifty support55,489.78

Bank Nifty resistance56,142.13

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 dividends

Varun Beverages

Interim dividend ₹0.50/sh · ex 5 Nov

Sun TV Network

Interim dividend ₹3.75/sh · ex 5 Nov

Brookfield India Real Estate Trust

Dividend ₹5.70/sh · ex 5 Nov

Earnings calendar

Aadhar Housing Finance Limited2026-11-05

Astral Limited2026-11-05

BEML Limited2026-11-05

Berger Paints (I) Limited2026-11-05