INDIA MARKET LENS

04 NOV 2026 · 16:04 IST

Nifty 50 closed at 23,960.60, up 0.63%

The benchmarks closed higher. Levels and sector moves for the session are shown below.

Sector performance, latest session
Diversified+3.6%
Metals & Mining+3.27%
Power+3.1%
Telecom & Media+2.84%
Real Estate+2.81%
Capital Goods & Engineering+2.66%
Cement & Construction+1.4%
Consumer Durables+1.25%
Hotels & Restaurants+1.24%
Consumer & Retail+0.87%
Capital Markets+0.84%
IT+0.45%
Source: NSE and BSE closing prices

23,960.6

+0.63%

Close, 04 NOV 2026

55,913.6

+0.67%

Close, 04 NOV 2026

77,301.4

+0.5%

Close, 04 NOV 2026

Index trend, rebased to 100
100981021041065 Oct8 Oct13 Oct16 Oct22 Oct27 Oct30 Oct4 Nov
Over the windowNifty 50+6.2%Bank Nifty+2.2%Sensex+6.8%
Source: NSE and BSE closing prices

The Nifty 50 rose 0.63%. The Nifty 50 is 9.0% below its 52-week high. Every tracked sector rose; Diversified led.

Foreign institutions were net buyers of ₹6,837 crore in the cash market on 3 November, and domestic institutions net sellers of ₹3,679 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 ₹13,478 crore.

Market breadth

25 of 25 sectors advanced. The move was broad, with gains spread across most of the market rather than concentrated in a few sectors. Diversified led and IT lagged, a spread of 3.1 points between the two ends of the market.

Currency, commodities and rates

  • USD/INR: 94.64, rupee firmer by 0.09% on the session
  • India VIX: 15.19 (-3.4%)
  • Gold (rupee terms): +3.30% on the session, -0.6% over five sessions

Markets

  • Sensex, Nifty soar to a two-month high as FPIs ramp up buying activity. Indian benchmark indices Sensex and Nifty closed at their highest levels in nearly two months. Foreign investors have been net buying Indian equities, contributing to market gains over the past sessions. (ET Stocks)
  • Market wrap: BSE, Nestle India, Power Grid, SBI top gainers and losers on Nifty and Sensex on Tuesday. Indian markets extended gains as the Sensex surged 1,225 points and Nifty climbed 370 points. Falling crude prices, softer US Treasury yields and FII buying boosted sentiment, with FMCG and realty stocks leading the broad-based rally. (Economic Times Markets)
  • Stock Market Live: Sensex Gains 400 Points, Nifty Atop 23,900; ITC Rises 3%, US Stock Futures Fall; Midterm Election Results In Focus. On BSE,ITC, HDFC Bank and Adani Ports were among the top gainers, while Power Grid, TCS and Eternal were among the top laggards. (NDTV Profit)
  • US Midterm Election Results 2026 date today! What Trump's loss mean for gold, Sensex, Nifty, global markets, US bonds?. US Midterm Election Results 2026 date: Experts belive a setback to Trump's Republic Party may trigger shift of smart money from US bonds, US dollar to equities, gold and other metals (LiveMint Markets)

Sensex, Nifty soar to a two-month high as FPIs ramp up buying activity · Market wrap: BSE, Nestle India, Power Grid, SBI top gainers and losers on Nifty and Sensex on Tuesday · Stock Market Live: Sensex Gains 400 Points, Nifty Atop 23,900; ITC Rises 3%, US Stock Futures Fall; Midterm Election Results In Focus · US Midterm Election Results 2026 date today! What Trump's loss mean for gold, Sensex, Nifty, global markets, US bonds?

Economy and policy

  • India’s Dollar Hedging Slumps as RBI Cracks Down on Speculation. Indian companies cut dollar purchases used to hedge against rupee weakness to an eight-month low, a sign that the central bank’s crackdown on what it called speculative bets against the currency is yielding results. (LiveMint Markets)
  • Sebi levies Rs 40 lakh penalty on four entities in Axis MF front-running case. Securities and Exchange Board of India has imposed a total penalty of Rs 40 lakh on four entities. This penalty includes fines on Woodstock Broking and Marfatia Stock Broking for front-running trades. (ET Stocks)
  • Equitas appoints Balaji Nuthalapadi interim CEO, subject to RBI nod. The appointment is subject to RBI approval and follows the resignation of P N Vasudevan, while the bank has also begun the process of identifying a permanent successor (BS Companies)
  • RBI forms financial markets consultative panel headed by Dy Guv Rohit Jain. The committee will engage market participants on policy, liquidity, resilience, infrastructure and operational issues across money, government securities, forex and derivative markets (Business Standard Mkts)

India’s Dollar Hedging Slumps as RBI Cracks Down on Speculation · Sebi levies Rs 40 lakh penalty on four entities in Axis MF front-running case · Equitas appoints Balaji Nuthalapadi interim CEO, subject to RBI nod · RBI forms financial markets consultative panel headed by Dy Guv Rohit Jain

  • 12 BSE 500 stocks defy market trend, rally up to 65% in 3 months. While the BSE 500 declined around 5% over the past three months, 12 stocks bucked the broader market trend, delivering gains ranging from 25% to 64%. Welspun Living led the rally, followed by Ather Energy and Welspun Corp. (Economic Times Markets)
  • Q2 Results Live Updates: Saregama India Profit Rises 48%, Cera Sanitaryware Profit Flat At Rs 56 Crore; BSE, Cummins Also In Focus. BSE, Cummins India, Zydus Life and Apollo Tyres are among the 327 companies scheduled to announce their Q2FY27 results today. Track the latest earnings announcements, financial performance, management commentary and stock market reaction live on NDTV Profit. (NDTV Profit)
  • ITC shares jump 6% in two days after Q2 results. More upside ahead?. ITC shares rose to Rs 283.5 apiece on NSE on Wednesday morning, the highest level seen by the stock in nearly three months. The stock has now recovered more than 12% in five sessions after hitting a 52-week low of Rs 253 apiece in late October. (Economic Times Markets)
  • MCX Q2 profit more than doubles to ₹455 crore on higher trading volumes. Multi Commodity Exchange of India (MCX) has reported a more than two-fold jump in consolidated net profit to Rs 455 crore for the September quarter of FY27, driven by a sharp rise in income and trading volumes. (BS Companies)

12 BSE 500 stocks defy market trend, rally up to 65% in 3 months · Q2 Results Live Updates: Saregama India Profit Rises 48%, Cera Sanitaryware Profit Flat At Rs 56 Crore; BSE, Cummins Also In Focus · ITC shares jump 6% in two days after Q2 results. More upside ahead? · MCX Q2 profit more than doubles to ₹455 crore on higher trading volumes

New issues

  • BLS Polymers shares rally 6% after strong stock market debut. BLS Polymers shares extended their strong debut gains, rising nearly 6% on Wednesday after listing at a 65% premium to the IPO price. The issue received 241 times subscription, while the company reported higher income and profit in FY26. (Economic Times Markets)
  • After positive IPO listing, SFC Environmental Tech shares jump 12% | More steam left or book profits? Experts weigh in. SFC Environmental Technologies stock opened at ₹448.80 per share on NSE today, as compared to previous close of ₹426.10 on Tuesday and touched an intraday high of ₹478.40 on 4 November. (LiveMint Markets)
  • Sebi, investment bankers discuss giving IPO-bound companies more room to revise issue sizes. Flexible DRHP rules could ease the compliance burden and help companies navigate volatile markets. (LiveMint Markets)
  • BLS Polymers shares jump 7% for second day, hit record high; stock rallies 92% over IPO price | Investors guide here. BLS Polymers shares rose nearly 7% on 4 November, reaching a record ₹288 after debuting at a steep premium. Its ₹255-crore IPO was subscribed 241.22 times. (LiveMint Markets)

BLS Polymers shares rally 6% after strong stock market debut · After positive IPO listing, SFC Environmental Tech shares jump 12% | More steam left or book profits? Experts weigh in · Sebi, investment bankers discuss giving IPO-bound companies more room to revise issue sizes · BLS Polymers shares jump 7% for second day, hit record high; stock rallies 92% over IPO price | Investors guide here

World

  • MCX gold prices at Rs 1.39 lakh/10 gram; silver tanks Rs 2,000/kg as US jobs data fuels rate hike bets. Key levels to track ahead of Dhanteras. In the domestic market, MCX silver futures for December 2026 delivery were down by Rs 2,000 to Rs 1,77,784 per kg. Gold futures for December 2026 delivery fell marginally to Rs 1,30,300 per 10 grams. (Economic Times Markets)
  • Investing In US Stocks From India? Five Risks You Should Know. The returns from US stocks are not determined by share-price movements alone. The Rupee-Dollar exchange rate also plays a role in the final returns earned by Indian investors. (NDTV Profit)
  • Rs 100-Cr Hit: Indian Investors Allege Unauthorised Apple-Nvidia Swap For Chinese Stock On Stockal. Moneycontrol reported that the preliminary estimate of losses exceeding Rs 100 crore was based on information provided by two investors. The total losses across all affected accounts could be higher, but the overall figure has not been established. (NDTV Profit)
  • Air India weighs Mumbai shift for Europe, US flights as airspace curbs bite. The airline plans to expand its Asian network through Delhi and explore Bengaluru as a third hub as mounting losses sharpen its focus on costs. (LiveMint Companies)

MCX gold prices at Rs 1.39 lakh/10 gram; silver tanks Rs 2,000/kg as US jobs data fuels rate hike bets. Key levels to track ahead of Dhanteras · Investing In US Stocks From India? Five Risks You Should Know · Rs 100-Cr Hit: Indian Investors Allege Unauthorised Apple-Nvidia Swap For Chinese Stock On Stockal · Air India weighs Mumbai shift for Europe, US flights as airspace curbs bite

The next Indian trading session is 05 Nov 2026.

On the calendar: 12 BSE 500 stocks defy market trend, rally up to 65% in 3 months; Sensex, Nifty soar to a two-month high as FPIs ramp up buying activity; Market wrap: BSE, Nestle India, Power Grid, SBI top gainers and losers on Nifty and Sensex on Tuesday.

Advances and declines

100%rose
Advancing25

of 25 sectors

Broad: most sectors rose.

52-week position

Nifty 50-9.0% off high
22,231.826,328.55
Bank Nifty-9.2% off high
50,275.3561,550.8
Sensex-9.9% off high
71,593.2485,762.01

Where each close sits between its own year’s low and high.

Reporting and analysis for the Indian market session of 04 NOV 2026.