Daily market summary · Tuesday, 3 November 2026

Nifty ends 1.58% higher at 23,810.85 for a fourth straight gain

The Nifty 50 closed at 23,810.85, up 370.05 points (1.58%), and the Sensex closed at 76,917.85, up 1,225.07 points (1.62%), the fourth straight session of gains. Nifty Bank rose 0.98% to 55,540.05. According to Business Today, private banks, financials, FMCG, autos, cement and realty led the gains, while metals and state-owned banks slipped. Reasons cited by analysts include strong September-quarter earnings, a pullback in AI-linked stocks globally, hopes of a capital gains tax cut for foreign institutional investors and lower global bond yields.

In the news today

• Sensex and Nifty extend gains to a fourth session, with earnings and global cues cited

  Business Today reported that Nomura pointed to a 34% year-on-year rise in September-quarter profits for 134 companies and to the AI-stock correction as supports for Indian equities.

  Source: Business Today

• Sensex up 1,225 points as FMCG is the top sectoral gainer

  Business Standard's close report said the Sensex rose for a fourth day and the Nifty ended near 23,811, with FMCG the strongest sector and BSE, Nestle India and Tata Consumer among the top Nifty gainers.

  Source: Business Standard

• Textile and garment shares rise after quarterly results from Kitex and Welspun Living

  Business Standard reported that Kitex Garments, Trident, Gokaldas Exports and others gained as much as 18% in intraday trade on the BSE after September-quarter results.

  Source: Business Standard

• Rupee edges up 12 paise to 94.72 against the dollar in early trade

  According to Business Standard, a strong dollar ahead of the US midterm elections capped the rupee's early gains.

  Source: Business Standard

Compiled after market close from: businesstoday.in, business-standard.com, business-standard.com, business-standard.com. All daily summaries.