On Monday, November 3, Indian equity benchmark indices ended higher, snapping a 2-day losing streak. The benchmark indices consolidated after posting their biggest gains in seven months in October, while stock-specific reactions to quarterly results support a broader market rally.
At the close, the Nifty 50 surged by 41.25 points, or 0.16%, to settle at 25,763, while the Sensex gained 39.78 points, or 0.05%, ending at 83,978.49. Both benchmark indices remain just about 2% below their record highs. Meanwhile, India’s volatility index, India VIX, which had seen a sharp jump on an intraday basis, ended higher by over 4%.
On the sectoral front, 9 out of 11 sectors closed in positive territory. Nifty PSU Bank index jump about 1.92%, extending last week's 4.7% rise, on reports of a potential hike in foreign investment limits
Meanwhile, broader markets outperformed frontline indices, with both Nifty Midcap and Smallcap ending in positive terrain.
Stock-Specific Highlights
Among individual stocks,
- Shriram Finance share price jumped over 6% to hit a record high after strong quarterly results
- Bank of Baroda share price gained over 4.5% after reporting a larger-than-expected profit in the September quarter.
- Defence company Zen Technologies share price jumped 4.13% after securing two orders worth ₹289 crore from the Ministry of Defence for the upgradation of anti-drone systems.
Nifty Realty - Top Gaining Sector
The Nifty Realty index climbed 2.23%, recording a 3-month high. In contrast, the Nifty IT index declined 0.17%, with TCS and Oracle Financial Services Software.
Nifty 50: Top Pullers and Draggers of the Day
The key drivers of the index gains were:
- HDFC Bank: +20.31 points
- Shriram Finance: +14.12 points
- Bharti Airtel: +13.37 points
On the other hand, these stocks weighed on the index:
- Maruti Suzuki: -15.79 points
- ITC Ltd: -13.34 points
- Larsen & Toubro: -12.80 points
Broader Markets Relatively Outperformed
The broader market indices ended on a positive note on Monday. The Mid-cap 100 index jumped by 0.77% and the Small-cap 100 ended up by 0.72%.
Market Breadth
As of November 3, 2025, the market breadth was in favour of advancing stocks. Out of 3,212 stocks traded on the NSE, 1,798 advanced, 1,313 declined, and 101 remained unchanged.
A total of 104 stocks touched their 52-week highs, while 64 hit their 52-week lows. Additionally, 98 stocks were locked in their upper circuits, whereas 73 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
