Morning Brief: Nifty Rises 1.58% to 23,810; FIIs Inject ₹6,837 Cr in Market Rally | 04 Nov 2026, 08:15 AM IST
Nifty 50 closes at 23,810, marking a four-session winning streak. FIIs lead the charge with significant inflows as corporate earnings season intensifies.
The Nifty 50 index extended its winning streak to a fourth consecutive session on Tuesday, closing at 23,810.85 (+1.58%). The rally was driven by robust buying from foreign institutional investors and broad-based participation across key sectors, reflecting renewed optimism in domestic equities.
The 60-Second Version
The Nifty 50 index gained 370.05 points to settle at 23,810.85.
FIIs were net buyers of ₹6,836.81 crore in the cash segment on November 3.
The Nifty FMCG sector led the rally, surging 3.65%.
Asian markets traded mostly lower as investors weighed geopolitical concerns.
Vedant Poly Fabs Ltd. IPO concludes its subscription window today.
Market Snapshot
The benchmark indices maintained a firm trajectory throughout Tuesday’s session. The Nifty 50 reached a 20-session high of 23,810.85, supported by a five-session gain of 4.66%. The Nifty Bank and Nifty Midcap indices also posted solid gains, reflecting positive sentiment across market capitalizations.
Index
Last
Nifty 50
23,810.85 (+1.58%)
Nifty Bank
55,540.05 (+0.98%)
Nifty Midcap 100
58,596.25 (+1.06%)
The Nifty 50 trend shows a strong recovery, with the index currently trading at its 20-session high. The recent four-session upward move underscores the resilience of domestic markets despite global volatility.
Where the Money is Flowing
Foreign Institutional Investors (FIIs) have turned aggressive buyers, injecting ₹6,836.81 crore on Tuesday. This follows a consistent trend of net buying observed over the last five sessions, which has provided a significant cushion to the market. Conversely, Domestic Institutional Investors (DIIs) remained net sellers, offloading ₹3,678.85 crore during the same period.
Date
FII Net
DII Net
2026-11-03
+6,836.81
-3,678.85
2026-11-02
+3,114.68
-392.20
2026-10-30
+3,598.54
-817.51
Sectors and Movers
The FMCG sector emerged as the top performer, bolstered by strong buying interest. Realty and Financial Services also contributed to the day’s gains. Among individual stocks, BSE Ltd. led the gainers, while Power Grid Corporation of India faced selling pressure.
Sector
Last
Nifty FMCG
45,580.00 (+3.65%)
Nifty Realty
841.40 (+2.33%)
Nifty Financial Services
25,357.90 (+1.84%)
Nifty Auto
26,201.95 (+1.71%)
Nifty Pharma
27,218.50 (+0.42%)
Nifty IT
32,551.60 (+0.34%)
Nifty PSU Bank
8,241.10 (-1.27%)
Symbol
Company
Last
BSE
BSE Ltd.
3,665.70 (+5.03%)
NESTLEIND
Nestle India Ltd.
1,248.40 (+4.47%)
TATACONSUM
Tata Consumer Products Ltd.
1,073.00 (+4.29%)
ASIANPAINT
Asian Paints Ltd.
2,437.80 (+3.99%)
BHARTIARTL
Bharti Airtel Ltd.
2,065.00 (+3.77%)
POWERGRID
Power Grid Corp.
259.55 (-3.04%)
SBIN
State Bank of India
970.25 (-1.70%)
ONGC
ONGC Ltd.
232.17 (-1.13%)
INFY
Infosys Ltd.
1,148.10 (-1.11%)
ADANIENT
Adani Enterprises Ltd.
2,593.30 (-0.85%)
The World and the Economy
Global markets faced headwinds on Tuesday, with Asian indices trading mostly lower due to a sell-off in technology stocks and geopolitical tensions. In the domestic economy, SBI Research noted that the central government’s fiscal deficit for FY27 may exceed budget estimates by ₹1.2 lakh crore, primarily due to structural subsidy expenditures. Meanwhile, the rupee showed resilience, ending at 94.80 against the US dollar.
Companies, Results and IPOs
Avenue Supermarts has expanded its footprint by opening a new store in Pune, bringing its total count to 520.
Minda Corporation received board approval to invest up to ₹37 crore in Minda HCMF Technologies.
Amara Raja Energy and Procter & Gamble Health have released their quarterly financial results.
The IPO of Vedant Poly Fabs Ltd. (price band ₹88 to ₹94) concludes its subscription period today.
Today on the Calendar
Results are expected from 31 Nifty 500 companies, including Aurobindo Pharma Ltd., Biocon Ltd., and Cummins India Ltd.
Several companies are trading ex-dividend today, including Asian Paints Ltd. (₹5.75) and Coal India Ltd. (₹10.25).
Concord Biotech Ltd. is trading ex-bonus today in a 1:1 ratio.
The Nifty 50’s close at its 20-session high of 23,810.85, combined with sustained FII inflows, signals strong underlying momentum despite mixed global cues.
Nifty 50
23,810.85
+1.58% · +370.05 pts
Last 5 sessions
+4.66%
Nifty 50 change
Index closing levels, previous session, 3 November 2026
Index
Close
Change
Change %
Nifty Bank
55,540.05
+537.85
+0.98%
Nifty 50
23,810.85
+370.05
+1.58%
NIFTY Midcap 100
58,596.25
+612.85
+1.06%
Nifty 50: the bigger picture
Nifty 50 over recent sessions, to 3 Nov
Measure
Value
Last 5 sessions
+4.66%
Last 20 sessions
+5.56%
20-session high
23,810.85
20-session low
22,231.80
Below the 20-session high
At the high
Current run
4 sessions up in a row
Top gainers
Stock
Price
Change %
BSE Ltd.
₹3,665.7
+5.03%
Nestle India Ltd.
₹1,248.4
+4.47%
Tata Consumer Products Ltd.
₹1,073
+4.29%
Asian Paints Ltd.
₹2,437.8
+3.99%
Bharti Airtel Ltd.
₹2,065
+3.77%
Top losers
Stock
Price
Change %
Power Grid Corporation Of India Ltd.
₹259.55
−3.04%
State Bank Of India
₹970.25
−1.70%
Oil & Natural Gas Corporation Ltd.
₹232.17
−1.13%
Infosys Ltd.
₹1,148.1
−1.11%
Adani Enterprises Ltd.
₹2,593.3
−0.84%
Sector indices, 3 November 2026, best first
Sector index
Change %
+3.65%
+2.33%
+1.84%
+1.71%
+0.42%
+0.34%
−1.27%
FII and DII net flows, ₹ crore (positive is net buying)
Session
FII net
DII net
3 Nov
+6,837
−3,679
2 Nov
+3,115
−392
30 Oct
+3,599
−818
Last 3 sessions
+13,550
−4,889
On the calendar today, Wednesday, 4 November
Results due on Wednesday, 4 November (12 of 31 shown)