The Nifty 50 closed at 23,960.60 on Wednesday, marking a significant 20-session high and extending its winning streak to five consecutive sessions. This rally, supported by robust institutional participation and easing cost pressures, underscores a resilient domestic market sentiment as investors navigate global cues.
Nifty 50
23,960.60
+0.63% · +149.75 pts
Last 5 sessions
+5.56%
Nifty 50 change
The 60-Second Version
The Nifty 50 rose +0.63% to 23,960.60, while the Nifty Bank gained +0.67%.
Foreign Institutional Investors (FIIs) have been net buyers for three consecutive sessions, totaling ₹17,236 crore in net inflows.
Thirty-nine Nifty 500 companies are scheduled to hold board meetings today to discuss quarterly results.
Five stocks, including Bharat Electronics and Adani Enterprises, led the gains, while IT majors like TCS and Infosys faced selling pressure.
The Indian rupee strengthened by 13 paise against the US dollar, closing at 94.62.
Market Snapshot
The benchmark indices maintained their upward trajectory throughout the previous session. The Nifty 50 has delivered a strong +5.56% return over the last five sessions. The index is currently trading at its 20-session high, reflecting sustained momentum.
Index closing levels, previous session, 4 November 2026
Index
Close
Change
Change %
Nifty Bank
55,913.60
+373.55
+0.67%
Nifty 50
23,960.60
+149.75
+0.63%
NIFTY Midcap 100
59,505.50
+909.25
+1.55%
Nifty 50: the bigger picture
Nifty 50 over recent sessions, to 4 Nov
Measure
Value
Last 5 sessions
+5.56%
Last 20 sessions
+5.20%
20-session high
23,960.60
20-session low
22,231.80
Below the 20-session high
At the high
Current run
5 sessions up in a row
Where the Money is Flowing
Institutional activity remains a key driver of the current market rally. FIIs have aggressively deployed capital into Indian equities, with net buying reaching ₹7,284.03 crore in the latest session alone. Conversely, Domestic Institutional Investors (DIIs) have been net sellers, offloading ₹3,712.23 crore on Wednesday, as they likely rebalanced portfolios amid the index’s rapid ascent.
FII and DII net flows, ₹ crore (positive is net buying)
Session
FII net
DII net
4 Nov
+7,284
−3,712
3 Nov
+6,837
−3,679
2 Nov
+3,115
−392
Last 3 sessions
+17,236
−7,783
Sectors and Movers
Sectoral performance was mixed, with Realty and FMCG leading the gains, while the IT sector lagged as investors reacted to global tech volatility. Bharat Electronics Ltd. and Adani Enterprises Ltd. were among the top performers, reflecting strong interest in the defense and trading sectors respectively.
Sector indices, 4 November 2026, best first
Sector index
Change %
+2.85%
+1.50%
+1.16%
+0.88%
+0.74%
+0.42%
−1.50%
Top gainers
Stock
Price
Change %
Bharat Electronics Ltd.
₹398
+4.71%
Adani Enterprises Ltd.
₹2,709.2
+4.47%
Titan Company Ltd.
₹4,754.4
+4.22%
JIO Financial Services Ltd.
₹222.27
+3.73%
Max Healthcare Institute Ltd.
₹927.15
+3.53%
Top losers
Stock
Price
Change %
Tata Consultancy Services Ltd.
₹2,436
−2.52%
HCL Technologies Ltd.
₹1,405
−2.37%
Coal India Ltd.
₹399.65
−2.05%
BSE Ltd.
₹3,601.5
−1.75%
Infosys Ltd.
₹1,128.2
−1.73%
The World and the Economy
Global markets presented a mixed picture as investors digested the US midterm election results. While US markets ended higher on positive economic data, Asian indices showed caution. Domestically, the services sector continues to show strength, with the services PMI reaching a four-month high of 55.8 in October. Additionally, the Reserve Bank of India has further streamlined reporting norms for service exporters, aiming to reduce compliance burdens.
Companies, Results and IPOs
Dabur India reported a +12% increase in consolidated net profit for the second quarter.
Cupid has entered into a long-term exclusive retail arrangement with V2 Retail, securing dedicated space across their network.
GE Shipping took delivery of the Kamsarmax Dry Bulk Carrier ‘Jag Amit’ to bolster its fleet capacity.
South Eastern Coalfields has filed preliminary papers with SEBI for an initial public offering, structured as an offer for sale.
Today on the Calendar
Today is a busy day for corporate actions and results. Thirty-nine Nifty 500 companies, including Bharti Airtel, Britannia Industries, and Abbott India, are scheduled to report their quarterly results. Additionally, several companies are trading ex-dividend, including Varun Beverages and Navin Fluorine International.
On the calendar today, Thursday, 5 November
Results due on Thursday, 5 November (12 of 39 shown)
Company
Also considering a dividend
Aadhar Housing Finance Ltd.
—
Abbott India Ltd.
—
Astral Ltd.
Yes
BEML Ltd.
—
Berger Paints India Ltd.
—
Bharti Airtel Ltd.
—
Bharti Hexacom Ltd.
—
Britannia Industries Ltd.
—
Cemindia Projects Ltd.
—
CESC Ltd.
—
Aditya Infotech Ltd.
—
Fortis Healthcare Ltd.
—
IPOs on the calendar
Company
What happens
Antala Industries Ltd.
Price band ₹62 to ₹66
Last day to bid
Trading ex-date
Company
Event
Detail
Birlasoft Ltd.
dividend
₹3 per share
Engineers India Ltd.
dividend
₹1.5 per share
Navin Fluorine International Ltd.
dividend
₹8 per share
Sun TV Network Ltd.
dividend
₹3.75 per share
Varun Beverages Ltd.
dividend
₹0.5 per share
The Nifty’s five-session winning streak, coupled with consistent FII inflows, signals strong underlying confidence, though the divergence between FII and DII activity warrants close monitoring as the index tests new highs.