Global investors like Abu Dhabi Investment Authority, Citigroup, Societe Generale, Goldman Sachs, and Morgan Stanley as well as domestic institutional investors like HSBC MF, Kotak Mahindra MF, SBI MF, HDFC Life, and Aditya Birla Sun Life AMC were buyers for the 3.45 percent stake in RBL Bank.
For the year so far, FIIs have been net sellers of shares worth Rs 2.47 lakh crore, while DIIs have net bought shares worth Rs 6.38 lakh crore.
Weekly options data indicated that the Nifty may trade in the 25,000–26,000 range in the short term.
Stock market today: Sensex, Nifty declined amid profit booking in key sectors, while the persistent FII selling also dented the sentiment.
Sector-wise, apart from AI, he pointed to healthcare, which “got undervalued” after sell-offs, and consumer staples, which offer resilience and relative value in uneven growth environments. Small caps globally also appear appealing.
If the Nifty 50 manages to defend the 25,590 level, the 25,700–25,800 levels are to be watched; however, falling below it can open the door for 25,450 support (the September high, which can now act as a support).
The market may remain range-bound until it trades below the previous week's high. Below are some short-term trading ideas to consider.
According to experts, if the Nifty 50 sustains below 25,600, the 25,500–25,400 levels will be key support zones to watch. On the upside, resistance may be faced at the 25,750–25,800 levels, above which 25,600 could be possible.
Analysts are likely to focus on management commentary around order flows, pricing power, competitive intensity, and margin trajectory.
Capex is set to rise over the next two years. “Last year, we did CapEx of about Rs 26,000 crores. This year, we are expecting about Rs 28,000 crores. Next year, it will be about Rs 35,000 crores,” Tyagi said. The company indicated that FY28 capex could be about Rs 45,000 crore.
“Gold, silver has gone through periods of time where for a decade it hasn't helped one bit. So you have to be very careful. Our own view is that at some point of time US will manage to handle their issues. So we would not invest in gold and silver standalone now,” he said.
On November 4, Indian equity indices ended lower with Nifty finishing below 25,600. Trading on the NSE and the BSE will resume on November 6 (Thursday).
Stallion India Fluorochemicals has been under pressure since hitting record high on October 17, barring one-day rebound, losing in total over 41 percent in the same period.
For the year so far, FIIs have been net sellers of shares worth Rs 2.43 lakh crore, while DIIs have net bought shares worth Rs 6.32 lakh crore.
Weekly options data indicated that the Nifty 50 is expected to trade in the 25,200–25,800 range in the short term, with 25,000–26,000 being the broader range.
With gRevlimid exclusivity nearing its end, the spotlight shifts to Sun Pharma’s specialty launches, domestic growth resilience, and management’s outlook on profitability for the second half of FY26.
The Franklin India Multi-Factor Fund (FIMF), an open-ended equity scheme following a multi-factor quantitative investment strategy, will open for subscription between November 10-24. The fund is designed to complement, not replace, the traditional fundamental way of investing, Franklin India said.
Stock market today: Sensex, Nifty saw profit booking amid weak global cues, while the persistent FII selling also weighed on the sentiment.
Until all indicators align positively, the consolidation phase may continue, with the 25,700–25,600 zone acting as key support. Below this, 25,500 remains a crucial support level. On the higher side, the 25,900–26,000 zone is expected to act as a hurdle, according to experts.
The Nifty 50 index is expected to consolidate further with support in the 25,700–25,600 zone, while on the higher side, the 25,900–26,000 levels are to be watched, as sustaining above them can drive the index toward a record high, experts said.
The consolidation amid range-bound trading may continue in the upcoming sessions due to a lack of triggers. Below are some short-term trading ideas to consider.
Bharat Wire Ropes shares rallied 4.69 percent to finish the session at Rs 210.58, snapping three-day losing streak.
For the year so far, FIIs have been net sellers of shares worth Rs 2.42 lakh crore, while DIIs have net bought shares worth Rs 6.31 lakh crore.
The weekly options data continues to show 26,000 as a resistance for the Nifty 50, while support is placed in the 25,700–25,500 range.
From Rs 1.8 lakh crore in 2005 to Rs 91 lakh crore in 2025, the BFSI sector’s explosive rise has mirrored India’s deepening financialization, as household savings moved into equities, insurance and mutual funds, and a new-age lenders drove credit inclusion.