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Will D-Street See A Sweet Start To November? Autos In Focus After Record Sales| Opening Bell Live

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.

first published: Nov 3, 2025 08:58 am