Post-market
03 NOV 2026 · 16:04 IST
Nifty 50 closed at 23,810.85, up 1.58%; Textiles leads, Power lags
The benchmarks closed higher. Levels and sector moves for the session are shown below.
Nifty 50
23,810.85
+1.58%
Close, 03 NOV 2026
Bank Nifty
55,540.05
+0.98%
Close, 03 NOV 2026
Sensex
76,917.85
+1.62%
Close, 03 NOV 2026
The session
The Nifty 50 rose 1.58%. The Nifty 50 is 9.6% below its 52-week high.
Foreign institutions were net buyers of ₹3,115 crore in the cash market on 2 November, and domestic institutions net sellers of ₹392 crore. Foreign buying met domestic selling, a turn worth watching after the long run of the opposite pattern. Over the last 5 sessions foreign institutions were net buyers of ₹10,882 crore.
Key drivers
Market breadth
18 of 25 sectors advanced. The move was broad, with gains spread across most of the market rather than concentrated in a few sectors. Textiles led and Power lagged, a spread of 4.5 points between the two ends of the market.
Currency, commodities & rates
Currency, commodities and rates
- USD/INR: 94.74, rupee firmer by 0.17% on the session
- India VIX: 15.72 (+1.4%)
- Gold (rupee terms): +0.14% on the session, -2.6% over five sessions
Key drivers
Markets
- Private Banks Outshine Nifty 50 In Earnings Upgrades; HSBC Sees More Room For Growth, Prefers ICICI Bank, Axis Bank, Kotak. Among the four lenders, ICICI Bank and Kotak Mahindra Bank have witnessed the strongest earnings upgrade momentum, while Axis Bank and HDFC Bank have lagged (NDTV Profit)
- Stock Market LIVE: Sensex gains 500 pts, Nifty near 23,550; Marico shares gain 4% post Q2 result. Sensex Today Stock Market LIVE Updates Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.54 per cent and 0.24 per cent, respectively (Business Standard Mkts)
- Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma. Indian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC faced a decline in consolidated net profit, impacted by the cigarette business, despite revenue growth. (ET Stocks)
- Market wrap: RIL, Tata Steel, Infosys, ICICI Bank top gainers and losers on Nifty and Sensex on Monday. Indian markets rallied sharply, with Sensex gaining 1.66% to 75,693 and Nifty rising 1.68% to 23,441. Strong quarterly earnings lifted investor sentiment, led by Reliance Industries, metals and oil and gas stocks, while market breadth remained positive. (Economic Times Markets)
Read more Private Banks Outshine Nifty 50 In Earnings Upgrades; HSBC Sees More Room For Growth, Prefers ICICI Bank, Axis Bank, Kotak · Stock Market LIVE: Sensex gains 500 pts, Nifty near 23,550; Marico shares gain 4% post Q2 result · Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma · Market wrap: RIL, Tata Steel, Infosys, ICICI Bank top gainers and losers on Nifty and Sensex on Monday
Economy & policy
Economy and policy
- Goodbye LTCG tax? SBI says government can absorb ₹50,000 crore revenue loss as Budget 2027 hopes rise. SBI Research says scrapping LTCG tax could cost the government ₹40,000–50,000 crore in FY28, a manageable fiscal hit. The proposal comes as Finance Minister Nirmala Sitharaman signals openness to investors' tax concerns amid sustained FII outflows. (Business Today Mkts)
- Sebi issues rules for depositary receipts on REITs, InvITs units. India's market regulator has unveiled a new framework enabling foreign investors to invest in REITs and InvITs, aiming to boost foreign capital in these sectors. (Economic Times Markets)
- Only 3.2% of working Indians trade stocks. Why Morgan Stanley likes NSE. Morgan Stanley has initiated coverage of NSE with an overweight rating and a price target of Rs 2,315, citing its dominant market share, strong liquidity and India’s underpenetrated capital markets. (Economic Times Markets)
- Sebi allows REITs, InvITs to tap overseas investors through depository receipts. Sebi has established frameworks allowing real estate investment trusts and infrastructure investment trusts to issue foreign currency denominated depository receipts. (Economic Times Markets)
Read more Goodbye LTCG tax? SBI says government can absorb ₹50,000 crore revenue loss as Budget 2027 hopes rise · Sebi issues rules for depositary receipts on REITs, InvITs units · Only 3.2% of working Indians trade stocks. Why Morgan Stanley likes NSE · Sebi allows REITs, InvITs to tap overseas investors through depository receipts
Companies
- Coforge among 4 stocks that hit 52-week highs and rallied up to 15% in a month. Four BSE 100 stocks, Coforge, Eternal, Indian Hotels Company and Kotak Mahindra Bank, touched fresh 52-week highs as the Sensex surged over 1,200 points. All four stocks also delivered positive returns over the past month. (ET Stocks)
- Bajaj Finserv Q2 Results: Profit Rises 23% To Rs 2,758 Crore, Total Income Up 17%. Bajaj Finance remained the largest contributor to earnings among the group's financial services businesses, with its quarterly profit rising 29%. Bajaj Life Insurance also reported higher profitability, while Bajaj General Insurance posted a decline in profit. (NDTV Profit)
- Angel One, CDSL, BSE, other capital market stocks jump up to 8%. 3 reasons behind the rally. Capital market stocks rallied up to 8% as hopes of LTCG tax relief, renewed FII buying and a broader market recovery lifted investor sentiment. The Nifty Capital Markets index climbed over 3% to a seven-week high. (ET Stocks)
- Massive surge! Reliance Industries shares up 12% after Q2; add ₹2 lakh cr in mcap — when did RIL last rally this much?. Reliance Industries shares surged nearly 12% to ₹1,300 on Monday, their biggest comparable daily gain since April 2020, after the company reported record second-quarter profit. (LiveMint Markets)
Read more Coforge among 4 stocks that hit 52-week highs and rallied up to 15% in a month · Bajaj Finserv Q2 Results: Profit Rises 23% To Rs 2,758 Crore, Total Income Up 17% · Angel One, CDSL, BSE, other capital market stocks jump up to 8%. 3 reasons behind the rally · Massive surge! Reliance Industries shares up 12% after Q2; add ₹2 lakh cr in mcap — when did RIL last rally this much?
Companies
New issues
- IPO-bound StockGro's profit jumps 3-fold to Rs 113 cr in FY26 on strong revenue growth. In FY26, StockGro showcased substantial growth, achieving a profit after tax of Rs 112.96 crore while nearly doubling its revenue to Rs 226.14 crore, largely propelled by rising subscription fees. Operational costs increased, leading to higher total expenses. (ET Stocks)
- Indian IPO market clocks record Rs 84,400 crore in H1 FY27, fundraising jumps 30%. India's mainboard IPO market raised a record Rs 84,400 crore in H1 FY27, up 30% year-on-year, as September saw unprecedented fundraising. Strong investor participation, confidential filings and a robust pipeline supported primary market momentum. (Economic Times Markets)
- BLS Polymers IPO shares to debut today. GMP points to 45% listing gains. BLS Polymers' Rs 255-crore IPO received 241 times subscription, with strong demand across investor categories. Ahead of its November 3 listing, the issue commanded a 45% grey market premium, indicating expectations of strong listing gains. (Economic Times Markets)
- Pee Safe eyes ₹250 cr revenue in FY27 ahead of planned IPO: Co-founder Rithish Kumar in exclusive interview | Top points. Pee Safe is focusing on sub-brands, scaling revenue, expanding retail distribution and market expansion ahead of its ambitious IPO planned for FY29-30, co-founder Rithish Kumar tells Livemint. (LiveMint Companies)
Read more IPO-bound StockGro's profit jumps 3-fold to Rs 113 cr in FY26 on strong revenue growth · Indian IPO market clocks record Rs 84,400 crore in H1 FY27, fundraising jumps 30% · BLS Polymers IPO shares to debut today. GMP points to 45% listing gains · Pee Safe eyes ₹250 cr revenue in FY27 ahead of planned IPO: Co-founder Rithish Kumar in exclusive interview | Top points
Currency, commodities & rates
World
- Tata Agratas sees Chinese partner's board nominee exit ahead of rollout. The departure of Gordon Louis Chin comes amid a decline in outstanding payments for its services and equipment to AESC and Agratas building its own manufacturing capabilities. (LiveMint Companies)
- Supermarket freezers hacked in European countries: Could India’s smart refrigeration systems be next?. Hackers allegedly tampered with supermarket cooling systems, raising temperatures and spoiling food. The incidents have raised questions about the security of connected appliances. (Business Today Mkts)
- Bulk Scotch Imports: Commerce Ministry To Resolve HSN Classification Dispute Under India-UK FTA. Under the India-UK FTA, eligible UK whisky imports are set to face a 75% customs duty initially, falling to 40% over 10 years. (NDTV Profit)
Read more Tata Agratas sees Chinese partner's board nominee exit ahead of rollout · Supermarket freezers hacked in European countries: Could India’s smart refrigeration systems be next? · Bulk Scotch Imports: Commerce Ministry To Resolve HSN Classification Dispute Under India-UK FTA
What matters next
The next Indian trading session is 04 Nov 2026.
On the calendar: Coforge among 4 stocks that hit 52-week highs and rallied up to 15% in a month; Market wrap: RIL, Tata Steel, Infosys, ICICI Bank top gainers and losers on Nifty and Sensex on Monday; Bajaj Finserv Q2 Results: Profit Rises 23% To Rs 2,758 Crore, Total Income Up 17%.
Market internals
Advances and declines
of 25 sectors
Broad: most sectors rose.
52-week position
Where each close sits between its own year’s low and high.