The Nifty 50 extended its losing streak for a second straight session, slipping 0.6% on October 31 and 1.5% from the week’s high amid profit-booking. Momentum indicators now hint at short-term caution following October’s sharp rally. However, experts say the broader trend stays positive as long as the index holds above the 25,500–25,400 support zone. A breakdown below this range could give bears the upper hand, while sustained strength above it may pave the way for a rebound toward 25,900–26,000, with a key hurdle at 26,100. Autos will be in focus after a record October sales print, while four Nifty heavyweights — Titan, Tata Consumer, Power Grid, and Bharti Airtel — are set to announce their earnings. Meanwhile, the IPO rush continues with Groww and Pine Labs preparing to hit the Street this week. Catch Nandita Khemka in conversation with Rajesh Palviya, Senior Vice President – Research (Head Technical & Derivatives), Axis Securities, and A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC.
It aims to capitalise on global export opportunities, leveraging its strong product portfolio and partnerships with international defence organisations
CLSA said that Vedanta Ltd's Q2 FY26 EBITDA was in line with expectations and that the company is guiding for FY26 EBITDA of over $6 billion, supported by higher commodity prices and operational gains.
Business expansion, rural focus augur well for growth and profitability
Mistry, a long-time associate of Ratan Tata, filed a caveat on Friday challenging his removal from the Sir Ratan Tata Trust, the Sir Dorabji Tata Trust, and the Bai Hirabai Jamsetji Navsari Charitable Institution
UPI’s future hinges on whether policymakers allow it to stand on viable economic legs
The timing of the renewal of the defence framework agreement between India and the US is significant, as bilateral ties are going through challenging times
Growth in the US business slowed in recent quarters
Among the brokerages, Elara is the most optimistic expects revenue of Rs 11,922 crore, net profit of Rs 4,033 crore, and an EBITDA margin of 82.8 percent. Antique is the most pessimistic, estimating revenue of Rs 11,469 crore, net profit of Rs 3,690 crore, and an EBITDA margin of 85.8 percent.
Analysts see Nifty trading in a narrow band this week as investors focus on auto sales data and key earnings from SBI, Bharti Airtel, Titan, and Tata Chemicals.
RailTel Corporation of India Share Price | Rajasthan Council of School Education service has awarded a contract amounting to Rs 32,43,16,000.
TVS Motor Company Share Price | In the international market, the company's sales jumped 21 percent at 115,806 units in October 2025.
Gold, silver rates today on November 3: Despite the recent pullback, gold prices remain more than 50% higher year-to-date, supported by strong fundamentals such as sustained central bank buying and safe-haven demand
Foram Chheda has a neutral to mildly bullish view for the equities ahead in November.
The FIIs continued their selling on third straight session as they sold equities of Rs 6769 crore on October 31. However, the DIIs continued their buying on 7th consecutive session as they bought equities of over Rs 7000 crore on the same day.
Investor sentiment is increasingly optimistic, with the market recognizing that the earnings cycle is nearing its trough. Expectations of a rebound into double-digit growth suggest a favourable setup for sustained momentum and further upside, said Niraj Kumar of Generali Central Life Insurance.
The company, backed by marquee investors such as SoftBank, TPG, and Kedaara Capital, has witnessed strong pre-IPO activity - including investments from SBI Mutual Fund and Radhakishan Damani
Early backers hit jackpot, late entrants hit turbulence as Pine Labs prices offering below grey-market peak.
Pine Labs IPO: The public issue includes a fresh issue worth Rs 2,080 crore and an offer-for-sale of 8.23 crore shares by existing shareholders.
BSE Midcap index rose 0.6 percent and smallcap index added 0.7 percent. On the sectoral front, pharma, telecom, realty, PSU Bank indices added 1-2 percent. Shriram Finance, M&M, Apollo Hospitals, SBI, Tata Consumer were among major gainers on the Nifty, while losers included Maruti Suzuki, ITC, TCS, Bharat Electronics, L&T.
In the mainboard segment, Orkla India will make its market debut on November 5, followed by Studds Accessories on November 6 and Lenskart Solutions on November 7.
The benchmark indices will likely remain range-bound and consolidative, with a focus on quarterly earnings, management commentaries for the second half of FY26, further developments related to India–US trade talks as well as US–China trade, the mood of FIIs, and global cues, experts said.
Due to the weekend on November 1 and 2, the allotment process was pushed to today. The basis of allotment will be released by Kfin Technologies, the official registrar for the IPO.
Stocks to Watch, 03 November: Stocks like Bharat Petroleum Corporation, Bank of Baroda, Godrej Consumer Products, Tata Chemicals, JK Cement, SBFC Finance, Azad Engineering, Zensar Technologies, Schaeffler India, RR Kabel, Mahindra Holidays, Phoenix Mills, Maruti Suzuki, Tata Motors Passenger Vehicles, and Eicher Motors will be in focus on November 03.
If the Nifty decisively breaks 25,700–25,670, the 25,500–25,400 levels are the next to watch, as selling pressure may widen below this zone. However, on the higher side, 25,900–26,000 is the immediate hurdle, followed by 26,100, experts said.