Pre-market
04 NOV 2026 · 08:04 IST
Nifty 50 opens from 23,810.85 after a 1.58% gain
Where the benchmarks left off before today's session. Levels and sector moves from the last close are shown below.
Nifty 50
23,810.85
+1.58%
Close, 04 NOV 2026
Bank Nifty
55,540.05
+0.98%
Close, 04 NOV 2026
Sensex
76,917.85
+1.62%
Close, 04 NOV 2026
The session
Where the market stands
The Nifty 50 goes into the session after a 1.58% gain in the previous one. The Nifty 50 is 9.6% below its 52-week high.
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.
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
- 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)
- Why is market rising today? Sensex jumps over 700 pts, Nifty rises above 23,600. 6 key factors behind today's rally. On Tuesday, the Indian stock market edged higher, with the Sensex surging nearly 730 points and the Nifty 50 climbing over 190 points. This resurgence greatly enhanced investor sentiment, as market capitalisation soared by Rs 4 lakh crore. (ET Stocks)
- Nifty Capital Markets rallies 2%; Motilal Oswal, Angel One surge up to 7%. At 10:18 AM on Tuesday, the Nifty Capital Markets index was up 2.43%, compared to a 0.83% rise in the Nifty 50. (Business Standard Mkts)
Read more 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 · Why is market rising today? Sensex jumps over 700 pts, Nifty rises above 23,600. 6 key factors behind today's rally · Nifty Capital Markets rallies 2%; Motilal Oswal, Angel One surge up to 7%
Economy & policy
Economy and policy
- 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 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)
- No striking impact of RBI funding curbs on prop traders: NSE. NSE chief business development officer says prop brokers extended bank guarantees, used as collateral for getting trading limits, months before rule took effect (LiveMint Markets)
- Flat 15% tax on FD interest? SBI proposes major relief for bank depositors ahead of Budget 2027. SBI Research has proposed a flat 15% tax on fixed deposit interest across maturities, potentially benefiting depositors in higher tax brackets. (Business Today Mkts)
Read more Only 3.2% of working Indians trade stocks. Why Morgan Stanley likes NSE · Sebi levies Rs 40 lakh penalty on four entities in Axis MF front-running case · No striking impact of RBI funding curbs on prop traders: NSE · Flat 15% tax on FD interest? SBI proposes major relief for bank depositors ahead of Budget 2027
Companies
- 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)
- Q2 Results Live: Pfizer's One-Time Gain Lifts Profit; SBI Asset Quality Improves; Solar Industries Profit Zooms 79%. A packed earnings calendar awaits investors, with heavyweight names including SBI, NSE, Bajaj Finserv, MCX, Lupin, Solar Industries, Emcure Pharmaceuticals and Bata India set to unveil their quarterly scorecards. (NDTV Profit)
- SBI Q2 Results: Standalone profit rises 14% YoY to Rs 23,038 crore, NII jumps 15%. SBI Q2 Results: Net interest income in the reporting period increased 15% YoY to Rs 49,143 crore. (ET Stocks)
Read more 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 · Q2 Results Live: Pfizer's One-Time Gain Lifts Profit; SBI Asset Quality Improves; Solar Industries Profit Zooms 79% · SBI Q2 Results: Standalone profit rises 14% YoY to Rs 23,038 crore, NII jumps 15%
Companies
New issues
- 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)
- Stellar Start! BLS Polymers shares list at 65% premium over IPO price. 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. (ET Stocks)
- 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)
Read more 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 · Stellar Start! BLS Polymers shares list at 65% premium over IPO price · Sebi, investment bankers discuss giving IPO-bound companies more room to revise issue sizes
Currency, commodities & rates
World
- 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)
- Wall Street's hidden bargains: 10 US largecap stocks trading at historic discount for investors. At least 10 US large-cap stocks trade at 47%-63% discounts to sector valuations, according to Vested Finance. Comcast leads the list, alongside AT&T, Fiserv and Bristol-Myers Squibb, amid market volatility and growing scrutiny of AI valuations. (Economic Times Markets)
- US Midterms 2026: Trump's Immigration Crackdown Raises Fresh Concerns For Indian Students. Indian students who wished to pursue higher education in the US America could face strict visa regulations that could rise cost of employment (NDTV Profit)
Read more 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 · Wall Street's hidden bargains: 10 US largecap stocks trading at historic discount for investors · US Midterms 2026: Trump's Immigration Crackdown Raises Fresh Concerns For Indian Students
What matters next
Today's Indian trading session is the one this report looks ahead to.
On the calendar: 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; 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.