Sensex today | Stock Market Highlights: Sensex surges 1,233 pts, Nifty ends

SENSEX 75,692.78

+ 1,233.25

NIFTY 23,440.80

+ 387.70

CRUDEOIL 9,471.00

-466.00

GOLD 138,250.00

-235.00

SILVER 181,780.00

+ 2,648.00

SENSEX 75,692.78

+ 1,233.25

NIFTY 23,440.80

+ 387.70

NIFTY 23,440.80

+ 387.70

CRUDEOIL 9,471.00

-466.00

CRUDEOIL 9,471.00

-466.00

GOLD 138,250.00

-235.00

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Sensex, Nifty, Share Prices Updates: Benchmarks closed at the day’s high level. Sensex settled 1,233.25 pts or 1.66% higher at 75,692.78, and Nifty 50 gained 387.70 pts or 1.68% to 23,440.80

By Team BLKS Badri Narayanan

Updated - November 02, 2026 at 04:23 PM.

ensex Today, Nifty 50 | Stock Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 2 November 2026

Indian equity markets ended sharply higher on Monday, with the Sensex and Nifty gaining over 1.6 per cent, supported by better-than-expected second-quarter earnings, improving domestic economic indicators and foreign investors turning buyers amid a global rotation in artificial intelligence-related stocks.

The Nifty 50 index closed at 23,440.80, gaining 387.70 points or 1.68 per cent, while the BSE Sensex settled at 75,692.78, rising 1,233.25 points or 1.66 per cent.

Among Nifty 50 stocks, Reliance Industries, Tata Steel, JSW Steel and Shriram Finance were among the top gainers. Infosys, ICICI Bank, HDFC Life, Kotak Mahindra Bank and Axis Bank were among the major laggards.

Also track:Q2 Results Today – Live Updates

In the commodities market, Brent crude oil prices declined more than 4 per cent to USD 108.54 per barrel on Monday. While prices have eased compared with last week, they remain above their long-term average.

Gold prices continued to remain weak, trading at Rs 1,38,420 per 10 grams for 24-karat gold. Silver prices, however, gained 1.65 per cent to Rs 1,82,094 per kg at the time of reporting.

On the currency front, the rupee weakened 21 paise to 94.97 against the US dollar on Monday, compared with Friday’s close of 94.76. It opened at 94.90.

FILTERS UPDATESALLquarterly results logistics companies gold silver agriculture real estate banking

November 2, 2026 16:23
(This live blog is now closed)
November 2, 2026 16:09
ValueQuest Tristar Fund raises over ₹2,100 crore in commitments
ValueQuest Tristar Fund, a private equity fund focused on India’s advanced manufacturing sector, has secured over ₹2,100 crore in investor commitments within 15 months of its first close, exceeding its original fundraising target, including the full greenshoe.
The Fund focuses on aerospace, defence, precision engineering and energy-transition-linked manufacturing. Its portfolio includes four companies: Hi-Q Electronics, Rangsons Aerospace, Waaree Energy Storage Solutions and Trusted Aerospace & Engineers (TASE Global).
“India is at the beginning of a multi-decade transformation in advanced manufacturing. But sector growth alone does not guarantee investment returns. The real differentiator is identifying the right businesses at the right stage of their evolution. The work we do upfront gives us the conviction to partner with strong promoters and deepen our exposure as they deliver against milestones,” said Aniket Dharamshi, Co-Founder and Managing Partner, ValueQuest Investment Advisors.
“In advanced manufacturing, competitive advantage is built over years through process expertise, rigorous customer qualification and consistent delivery on quality and reliability. Once a supplier becomes integral to a customer’s critical programs, replacing it can involve significant time, cost and execution risk. We seek businesses that can build on these capabilities to deepen customer relationships and translate industry growth into sustained, profitable growth,” said Dr. Arvind Ananthanarayanan, Partner, ValueQuest Private Equity.
ValueQuest Private Equity manages over ₹6,000 crore across two investment strategies, three funds and co-investments.
November 2, 2026 16:09
Marico reports standalone net profit of ₹683 crore in Q2 FY27, higher by 71.6%, from ₹398 crore in Q2 FY26
November 2, 2026 16:08
Monarch AIF on India's R&D spending and how companies investing in innovation are outperforming the broader market
According to Monarch AIF’s analysis, 130 listed companies that grew their R&D expenditure by over 20% CAGR between FY21 and FY26 delivered average stock returns of 23.5%, compared to 13.7% by the NSE 500 TRI. Interestingly, companies combining strong R&D growth with higher R&D intensity delivered even stronger returns of 32.5%.
November 2, 2026 16:08
Vikram Kasat, Chief Business Officer, Advisory and Dealing at PL Capital, on markets today
Indian equities witnessed a relief-led rally, with the Sensex gaining nearly 900 points and the Nifty holding above 23,200, supported by easing crude prices and strong corporate earnings. Brent crude fell 3.3% to $109.66 per barrel amid hopes of progress in US-Iran diplomatic talks, easing concerns around imported inflation and corporate margins. Reliance Industries surged over 8% following a 33.8% YoY rise in quarterly profit, while Jio Platforms gained over 3% on 13.7% profit growth. Metals, autos and energy stocks outperformed, whereas IT and private banks remained under pressure. FIIs had purchased ₹3,598.54 crore in the previous session. Going forward, sustained foreign inflows, crude stability and earnings breadth will determine whether this recovery develops into a durable trend.
November 2, 2026 16:07
Wonderla records its best-ever Q2, with total income growing by 42% YoY to ₹126 crore and EBITDA increasing by 90% YoY to ₹30.11 crore
For H1 FY27, total income grew by 41% YoY to ₹378 crore, while EBITDA increased by 47% YoY to ₹152.10 crore.
The strong performance was driven by growth across existing parks, the contribution from its Chennai park, and the Bengaluru resorts, which also delivered their best-ever Q2.
November 2, 2026 16:07
FII selling contrasts with improving growth outlook, bringing selective value opportunities into focus: ArunaGiri N, Founder, CEO, TrustLine Holdings
Persistent FII selling has significantly reduced India’s weight in global portfolios, raising questions about the sustainability of this trend. Foreign investors have withdrawn over $40 billion so far this calendar year, including more than $5 billion in October. India’s weight in the MSCI Emerging Markets Index has declined from around 22% in 2023 to approximately 11.29% now, while a single Taiwanese company, TSMC, accounts for over 15%. FII ownership of Indian equities has also fallen from around 18% or more to just over 15%, a 15-year low.
However, this under-allocation could present a contrarian opportunity. Elevated crude prices, currency volatility, geopolitical uncertainty and the growing attractiveness of global AI investments have weighed on India’s appeal. A normalisation of these factors, supported by resilient domestic growth and corporate earnings, could gradually encourage foreign investors to reconsider their India allocations.
Interestingly, FIIs have continued investing in the primary market despite selling aggressively in the secondary market. In October, they sold over $5 billion in the secondary market but invested around half a billion dollars in IPOs up to October 23. Including the Reliance Jio allocation, this investment could exceed $1 billion. This raises questions about the preference for fixed-price allocations, listing gains or differences in investment horizons.
Another market contradiction is weakening sentiment despite improving growth forecasts. Several global agencies have upgraded India’s FY27 growth outlook, while the RBI has raised its projection by 40 basis points to 7.1%. September GST collections grew 14.7% year-on-year, while e-way bill generation reached a record 141.53 million, growing over 7%.
Despite these positives, small- and mid-cap valuations remain divergent. While some businesses trade at demanding multiples, over 25–30% of the universe is trading at near single-digit multiples. This could offer opportunities for selective value investing, provided elevated crude prices and supply shocks do not persist.
November 2, 2026 16:05
Benchmarks close at day’s high level; Sensex settles 1233.25 pts or 1.66% higher at 75,692.78, and Nifty 50 gains 387.70 pts or 1.68% to 23,440.80
November 2, 2026 16:03
ValueQuest Tristar Fund raises over ₹2,100 crore in commitments
ValueQuest Tristar Fund, a private equity fund focused on India’s advanced manufacturing sector, has secured over ₹2,100 crore in investor commitments within 15 months of its first close, exceeding its original fundraising target, including the full greenshoe.
The Fund focuses on aerospace, defence, precision engineering and energy-transition-linked manufacturing. Its portfolio includes four companies: Hi-Q Electronics, Rangsons Aerospace, Waaree Energy Storage Solutions and Trusted Aerospace & Engineers (TASE Global).
“India is at the beginning of a multi-decade transformation in advanced manufacturing. But sector growth alone does not guarantee investment returns. The real differentiator is identifying the right businesses at the right stage of their evolution. The work we do upfront gives us the conviction to partner with strong promoters and deepen our exposure as they deliver against milestones,” said Aniket Dharamshi, Co-Founder and Managing Partner, ValueQuest Investment Advisors.
November 2, 2026 16:02
Marico reported standalone net profit of Rs 683 crore in Q2FY27, higher by 71.6%, from Rs 398 crore in Q2FY26.
November 2, 2026 16:00
Rupee ends little changed as traders stay cautious despite oil, dollar drop
The Indian rupee closed nearly flat on Monday, giving up early gains despite lower oil prices and a weaker dollar, ‌as traders stayed cautious ahead of Tuesday’s US mid-term elections.
Rupee ends little changed as traders stay cautious despite oil, dollar drop
Rupee ends barely changed amid cautious trading despite weaker dollar and lower oil ahead of US midterm elections.
November 2, 2026 15:35
In a first, MoD awards ₹53,866 cr indigenous corvette contracts to GRSE & GSL via competitive bidding
In a first, MoD awards ₹53,866 cr indigenous corvette contracts to GRSE & GSL via competitive bidding
The Garden Reach Shipbuilders & Engineers Limited (GRSE) will construct five corvettes, while GSL the remaining three, said the MoD
November 2, 2026 15:31
BLS E-Services reports standalone net profit of ₹4.24 crore in Q2 FY27 compared to ₹4.98 crore in Q2 FY26
November 2, 2026 15:21
L&T bags 'significant' orders for residential, commercial projects
L&T bags 'significant' orders for residential, commercial projects
L&T secures significant ₹1,000-2,500 crore orders for nine Mumbai and Bengaluru residential towers and a Hyderabad commercial tower.
November 2, 2026 15:14
UPL reports standalone PAT of ₹99 crore in Q2 FY27 against ₹272 crore in Q2 FY26; shares flat at ₹510.30 on NSE
November 2, 2026 15:05
Sensex trades 837.11 pts or 1.12% higher at 75,296.64 by 3 pm; Nifty 50 increases by 252.85 pts or 1.10% to 23,305.95
November 2, 2026 14:58
SEBI warns PC Jeweller promoter, compliance officer on failure to maintain insider-trading database
SEBI warns PC Jeweller promoter, compliance officer on failure to maintain insider-trading database
Markets regulator SEBI has issued an administrative warning letter to PC Jeweller's promoter and managing director, Balram Garg, and its company secretary and compliance officer, Vijay Panwar, the company said in a stock exchange filing on Monday.
November 2, 2026 14:58
Passenger EV retail dips 4% amid supply crunch; overall PV market grows 15%
Passenger EV retail dips 4% amid supply crunch; overall PV market grows 15%
Supply constraints at Tata Motors and a sharp fall at Vinfast weighed on EV registrations, while Mahindra and MG gained market share.
November 2, 2026 14:57
Jyoti Structures received purchase orders from Torrent Power for ₹20.85 crore.
November 2, 2026 14:57
Solex Energy explores potential business opportunities in international markets
Solex Energy clarified that it has been exploring potential business opportunities in international markets, including the United States of America, as part of its long-term business vision and growth strategy. The Company’s intention to explore opportunities in the US market has also been articulated by the management during the Annual General Meeting.
However, no specific negotiations or discussions have taken place as on date.
November 2, 2026 14:55
Q2 results today: Escorts Kubota
Escorts Kubota posted a 20% decline in standalone net profit to ₹255.04 crore in Q2FY27, compared to ₹321.18 crore in Q2FY26.
Shares were down 4% to ₹2,459 on the NSE.
November 2, 2026 14:43
PMI manufacturing drops to 54.7 in October
PMI manufacturing drops to 54.7 in October
Despite a moderation in factory activity, output and new orders continued to expand. Employment recorded a second consecutive monthly increase, while selling price inflation eased to a near four-year low.
November 2, 2026 14:36
Epigral Ltd announces Sept quarter results
Epigral Limited, one of India’s leading integrated chemical manufacturers, today announced its financial results for the quarter ended September 30, 2026. The company posted agrowth of 26% in PAT for Q2FY27 at ₹64 crore, as compared to ₹51 crore in Q2FY26. The quarterly revenue roseby 28% to ₹752 crore as against ₹589 crore recorded in the same quarter of last fiscal.
November 2, 2026 14:35
Sanghvi Movers report Q2 results
Sanghvi Movers reported standalone net profit of ₹22.29 crore in Q2FY27 against ₹22.69 crore in Q2FY26.
Shares tank 11% to ₹326.10 on the NSE.
November 2, 2026 14:00 Quarterly results
Eureka Forbes reported standalone net profit of Rs 73.34 crore in Q2FY27, up 19% y-o-y from Rs 61.59 crore in Q2FY26.
Shares zoomed 7% to Rs 334.95 on the NSE.
November 2, 2026 13:59
Srinibas Pradhan Constructions bags ₹31 cr road project in Odisha
Srinibas Pradhan Constructions bags ₹31 cr road project in Odisha
Srinibas Pradhan Constructions bags a ₹31 crore Odisha road project, widening 14.8 km in Jharsuguda with PWD Odisha.
November 2, 2026 13:58 Logistics
Srinibas Pradhan Constructions bags ₹31 cr road project in Odisha
November 2, 2026 13:55 Companies
Welspun Corp holds gains past midday as record order book draws analyst confidence
Welspun Corp holds gains past midday as record order book draws analyst confidence
On the results front, Welspun Corp reported Q2FY27 consolidated revenue of ₹46.4 billion, up 14% sequentially, while EBITDA rose 5% quarter-on-quarter to ₹7.3 billion
November 2, 2026 13:51 Stock down
Tilaknagar Industries slides 2% post Q2 results; brokerages stay bullish despite margin miss
Tilaknagar Industries slides 2% post Q2 results; brokerages stay bullish despite margin miss
Shares of Tilaknagar Industries were under pressure Monday afternoon, trading at ₹471.35, down 1.98 per cent from Friday’s close of ₹480.85, as investors digested the company’s Q2FY27 results released over the weekend.
November 2, 2026 13:50 Gold silver
Vummidi Bangaru Jewellers opens its largest showroom in Coimbatore
Vummidi Bangaru Jewellers opens its largest showroom in Coimbatore
VBJ opens its largest Tamil Nadu showroom in Coimbatore, a three-floor destination for gold, diamonds, silver, and Atelier luxury jewelry.
November 2, 2026 13:45 Agriculture
India’s coir exports surge 52% to ₹6,614 crore in FY26
India’s coir exports surge 52% to ₹6,614 crore in FY26
Despite several challenges facing the industry, India’s export of coir and coir products registered a robust 52 per cent growth in value and 12 per cent in volume in FY26. Export earnings stood at ₹6,614 crore, with shipments totalling 15,09,531 tonnes during the year.
November 2, 2026 13:45 Real estate
Mr. Rohan Khatau, Director, CCI Projects on Mumbai home sales for October 2026
“The October registration numbers point to healthy underlying demand, with premium housing continuing to play an important role in the market’s growth and demonstrating resilience with year-on-year growing 9% to 12,690 units. The festive season has added to this momentum, bringing greater buyer activity, while homebuyers remain discerning in their choices, prioritising location, quality and long-term value. Looking ahead to the final quarter of calendar year 2026, the outlook remains positive, with festive-led momentum expected to carry forward into the coming months. Infrastructure-led growth, evolving buyer aspirations and sustained interest in premium housing should continue to support demand, particularly for well-planned developments in established and emerging micro-markets. - Mr. Rohan Khatau, Director CCI Projects
November 2, 2026 13:44 Agriculture
Hikal bags multi-year CDMO contract from European agrochemical firm
Hikal bags multi-year CDMO contract from European agrochemical firm
The contract has been signed by the company's crop protection division, following the successful process development and scale-up of the new product undertaken by Hikal
November 2, 2026 13:40 Gold silver
Today’s Gold Rate in India November 2: Gold prices see mixed trend in Delhi, Mumbai, Kolkata, Chennai, Bengaluru
Gold Rate Today November 2: Check latest Gold prices in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune & Other Cities
Gold Rate Today: Today's gold prices of 22, 24 carat mixed across metro cities on November 2
November 2, 2026 13:39 Banking
IDBI Bank sale: DIPAM failed to exercise due diligence, charges EAS Sarma
IDBI Bank sale: DIPAM failed to exercise due diligence, charges EAS Sarma
Is Fairfax buying IDBI equity by bringing in FDI, wonders EAS Sarma, former secretary to government, and a trenchant critic of the deal. It may not be the case, as clarified by the proposed buyer, he notes.
November 2, 2026 13:36 Companies
Gulf Oil eyes ₹6,000 crore revenue by FY30; EV arm Tirex targets ₹400 crore
Gulf Oil eyes ₹6,000 crore revenue by FY30; EV arm Tirex targets ₹400 crore
Gulf Oil eyes ₹6,000 crore revenue by FY30 as Tirex EV charger unit targets ₹400 crore, supported by capacity expansion and margin strategies.
November 2, 2026 13:31
Gold falls to $3,875, silver plunges 8.8% as Fed rate hike fears trigger metals sell-off ahead of Dhanteras
Renisha Chainani, chief research officer at Augmont, writes -Gold fell 3% last week to $3,875, its lowest close since October 2025, after strong US GDP and sticky PCE inflation pushed markets to price a December Fed hike. Silver dropped 8.8% to $49.13, breaking below $50. A deepening sell-off in technology stocks left investors selling metals to cover losses elsewhere, and large gold and silver miners dropped as much as 8%. Rising Brent, driven by Gulf tanker attacks, fed rate fears rather than safe-haven demand, while a tech sell-off forced metal liquidation. ETF outflows picked up, but central bank buying remains steady. With Dhanteras on November 6, lower prices could revive Indian demand. Gold support sits at $3,860; bullish confirmation needs a close above $4,000.
MACRO BACKDROP & FED POLICY - THE FED HELD, BUT THE DATA DID THE DAMAGE
Wednesday’s FOMC meeting left rates unchanged at 3.75%–4%, though the 10–2 vote showed a split: Governor Lisa Cook and Cleveland Fed President Beth Hammack both wanted a quarter-point hike. Chair Kevin Warsh offered no clear steer on December. Gold dipped briefly to about $4,034 on the decision and had recovered by the evening.
Thursday was a different story. The BEA’s advance estimate showed Q3 GDP growing at 3.4% annualised, up from 2.2% in Q2. September PCE inflation came in at 0.5% for the month and 3.6% for the year, with core PCE at 3.1%. Strong growth paired with sticky inflation is about the worst combination for a metal that pays no interest. Markets are now pricing another 25 bp hike in December, following September’s move, which was the first hike since 2023. By Friday, the US 10-year yield was sitting near 4.93%.
GEOPOLITICAL TENSIONS - OIL UP, GOLD DOWN
The US-Israel war with Iran is now in its eighth month, and October was the worst month yet for Gulf shipping, with at least 35 attacks on UKMTO’s count. On Thursday, Iranian fast boats set off limpet mines on the tanker Louise 1, and on Friday another tanker was struck by explosive devices. Brent settled at $117.64, a six-month high, after gaining 13.6% over October.
In normal times, headlines like these would lift gold. This time, the higher oil price fed straight into inflation expectations and Fed hike bets, so the war premium landed in
crude and bond yields instead of bullion. Traders are also preparing for possible US escalation after the November 3 midterms.
INVESTMENT AND RETAIL DEMAND
ETF selling gathered pace. Gold ETFs recorded net outflows of $1.21 billion in the week to October 23, breaking a 13-week run of inflows. SPDR Gold Shares (GLD) holdings fell 14.26 tonnes to 1,043.36 tonnes as of October 28, and the fund lost about $1.4 billion over October, though some of that money simply moved into cheaper funds such as GLDM and IAUM. CFTC data showed money managers trimming net longs to 104,206 contracts as of October 20.
Some perspective helps here. Q3 was a record quarter for gold ETFs, with $31 billion of inflows and holdings up 211 tonnes. What we’re seeing now is profit-taking from a high base. Official buying hasn’t wavered. World Gold Council data shows central banks reported 39 tonnes of net purchases in August, bringing the 2026 total to about 170 tonnes. The People’s Bank of China added 21 tonnes in September, its biggest monthly purchase in three years, and Poland had bought 98 tonnes by August. Central banks tend to buy into weakness rather than chase rallies, so their demand usually slows a decline. It rarely stops one within a week.
Dhanteras falls on November 6, and the price drop has come at a good moment for buyers. Indian dealers went from offering discounts of up to $6 an ounce to charging premiums of up to $7 in mid-October, the first premium in more than three months. The WGC also noted that the domestic discount to import parity narrowed from a September average of $66 to $8 in October.
Jewellers say footfall has improved, but investors are waiting for prices to settle before committing. Supply is tight too: September gold imports fell to $1.8 billion from $9.6 billion a year earlier. If MCX gold holds near ₹1,38,000, we expect coin and lightweight jewellery buying to pick up through Dhanteras and into the wedding season.
WEEK AHEAD
It’s a busy week: the US midterms on November 3, then October non-farm payrolls and Dhanteras, both on November 6. A strong jobs print would firm up December hike bets and keep metals under pressure. Any post-election escalation in the Gulf could push oil higher still, and for now that hurts gold more through rate expectations than it helps through safe-haven demand
November 2, 2026 13:29
Infosys shares slide over 2%; Hyderabad campus expansion fails to lift sentiment
Infosys shares slide over 2%; Hyderabad campus expansion fails to lift sentiment
Shares of Infosys fell 2.60 per cent to ₹1,154.20 on the National Stock Exchange on Monday, November 2. The Bengaluru-based IT giant announced the expansion of its Pocharam Development Center in Hyderabad, Telangana.
November 2, 2026 13:29
LPG consumption hits 8-month high in October
LPG consumption hits 8-month high in October
India's LPG demand hits 8-month high in Oct 2026 amid higher imports and Hormuz disruption; diesel and gasoline see mixed, regional trends.
November 2, 2026 13:28
Devyani International's Q2 loss narrows sharply on strong same-store sales growth
Devyani International's Q2 loss narrows sharply on strong same-store sales growth
The company said ‌its consolidated net loss narrowed to $25,301.78
November 2, 2026 13:28
NAVA temporarily shuts 150 MW Paloncha power plant; shares trade at ₹520.65 on NSE
NAVA has informed the exchange about temporary shutdown of 150 MW Power Plant situated at Paloncha
Shares traded at Rs 520.65 on the NSE.
November 2, 2026 13:27
Mobikwik swings to ₹14.69 crore profit in Q2; shares jump over 4% to ₹222.59 on NSE
One Mobikwik Systems reported standalone net profit of Rs 14.69 crore in Q2FY27 against a loss of Rs 26.98 crore in Q2FY26.
Shares surged over 4% to Rs 222.59 on the NSE.
November 2, 2026 13:27
Zydus has completed the acquisition of the API Business of Sterling Biotech Ltd.
November 2, 2026 13:19
Nifty holds near September highs at midday; Reliance surges 7.4%, IT stocks drag
Stock market today: Sensex gains 739 points, Nifty rises 212 at midday
Sensex gains 739 points and Nifty rises 212 at midday, led by Reliance Industries, while IT and pharma stocks face selling pressure on Monday.
November 2, 2026 13:06
Gold rises on softer oil; markets parse Fed signals
Gold rises on softer oil; markets parse Fed signals
Gold climbs on softer oil as markets weigh Fed signals and upcoming US elections.
November 2, 2026 13:05
Defence Ministry signs ₹53,866-crore contracts for eight Indian Navy warships
India signs ₹53,866-crore contracts for eight Indian Navy warships
The Defence Ministry signs ₹53,866-crore contracts with GRSE and Goa Shipyard to build eight Next Generation Corvettes for the Indian Navy.
November 2, 2026 12:34
Emami Realty announces resignation of Vice President – Legal, Priyankar Dasgupta
Emami Realty informed the resignation of Priyankar Dasgupta from the office of Vice President – Legal of the Company
November 2, 2026 12:33
Capillary Technologies India completes deregistration of non-operative Shanghai subsidiary in China
Capillary Technologies India has completed the voluntary deregistration of its non-operative, step-down wholly-owned subsidiary, Capillary Technologies (Shanghai) Co., Ltd., in China.
November 2, 2026 12:32
Swapnil Aggarwal, Director, VSRK Capital on: Silver Outlook Remains Cautious for 2026-End, With Recovery Likely Only Over the Long Term
Given the current market scenario, I do not expect silver prices to move higher by the end of 2026. Prices may remain under pressure, with further downside possible as long as US interest rates remain elevated and the Federal Reserve does not start lowering rates.
At current levels, investors should adopt a wait-and-watch approach. If silver prices come down to around ₹1,75,000, investors may consider adding small quantities. While a recovery in silver is possible over the long term, I do not expect any significant recovery in the short term. Investors should remain cautious and monitor the interest rate outlook before making fresh decisions.
November 2, 2026 12:32
IKF Finance Sets ₹25,000 Crore AUM Target for 2030, Having Quadrupled Assets to Over ₹8,600 Crore in Four Years
Key highlights of the release:
* IKF Finance has set an ambitious target of achieving ₹25,000 crore in assets under management (AUM) by 2030, having quadrupled its AUM from approximately ₹2,100 crore in FY’22 to over ₹8,600 crore in FY’26.
* The company reported approximately 30% AUM growth in FY’26, with a Profit After Tax (PAT) of ₹215 crore and a return on assets of approximately 3%.
* IKF has expanded its presence to over 350 branches across 13 states, establishing itself as a pan-India financial services player.
* The company has diversified its portfolio across five key verticals, including Cars, Commercial Vehicles, Small and Light Commercial Vehicles, Construction Equipment and MSME, along with affordable housing finance.
* IKF has strengthened its digital infrastructure through an integrated, data-led operating model, cloud-native infrastructure and AI-ready systems to support its next phase of growth.
* The company has also achieved an improved credit rating of AA- from CARE and India Ratings, supported by strong governance and asset quality.
November 2, 2026 12:31
Ram Raheja, Managing Director, S Raheja on Mumbai home sales for October
“Registration data from IGR Maharashtra shows Mumbai’s residential market rising 9% year-on-year in October, and that growth has been steady over the past three months. For our buyers, the priorities haven’t changed: the address, the quality of design and construction, and whether the developer has a record they can trust. We’re also seeing interest in locations that weren’t on most shortlists a few years ago, where buyers are balancing lifestyle with connectivity. Whether that holds will depend on the same things that have always mattered: the product and the track record behind it.”
November 2, 2026 12:30
October Auto Sales Reflect Strong Festive Demand; Karma Capital’s Perspective Amid Earnings Season
The Indian automobile industry witnessed strong festive demand in October, with two-wheelers and passenger vehicles leading the recovery. Two-wheeler registrations grew 11% YoY during the first 21 days of the festive season, while passenger vehicle registrations increased 6%, despite a high base. October wholesale volumes were particularly encouraging, with most major OEMs reporting double-digit growth due to channel inventory build-up ahead of Diwali. Two-wheelers remained the strongest segment, supported by healthy domestic demand and exports. The demand was especially visible in the electric two-wheeler segment, where demand beat previous all-time-highs set in October 2024.
The commercial vehicle segment continues to benefit from robust demand, with truck volumes growing strongly, supported by improved economic activity and fleet replacement. However, the tractor segment remains relatively weak, with wholesale volumes declining 10-12% YoY in October, reflecting some moderation in rural demand. Overall, the festive season performance reinforces the sustained demand momentum across most segments.
From an investment perspective, we would closely track retail demand versus wholesale dispatches to monitor inventory build-up, market-share trends, new product launches, order books and export momentum. In two-wheelers and passenger vehicles, the ability to sustain market-share gains, particularly in SUVs and electric vehicles, will be an important differentiator. In commercial vehicles, fleet utilisation, freight availability and replacement demand will remain key indicators, while rural demand, monsoon trends and farm economics will determine the recovery in tractors.
November 2, 2026 12:27
SEBI proposes scrapping LTCG tax on foreign investors, seeks relief for mutual fund investors
SEBI seeks LTCG tax relief for foreign investors, domestic mutual fund holders
SEBI has proposed scrapping LTCG tax on foreign investors and offering tax relief on mutual fund switches to attract investments and support India's equity markets.
November 2, 2026 12:22
MCX Natural Gas Futures: Outlook is mixed. Stay out
MCX Natural Gas Futures: Outlook is mixed. Stay out
Mixed MCX Natural Gas outlook: brief weakness now, slight weekly positivity, stay out due to divergent signals and resistance at ₹282-₹288.
November 2, 2026 12:21
HDFC Bank slips; another Senior Executive departs
HDFC Bank slips; another Senior Executive departs
HDFC Bank shares fall as senior executive exits amid leadership shakeup, with ongoing leadership changes and notable year-to-date declines.
November 2, 2026 12:15
Devyani International narrows Q2 loss to ₹8.5 crore; shares rise over 4% on NSE
Devyani International reported standalone net loss of Rs 8.5 crore in Q2FY27 against Rs 14.3 crore loss in Q2FY26.
Shares were up over 4% to Rs 125.49 on the NSE.
November 2, 2026 12:15
SECL files IPO papers for offer of up to 668 million shares; Coal India to sell stake via offer for sale
South Eastern Coalfields Limited (SECL), a wholly owned subsidiary of Coal India, has filed DRHP for an IPO, comprising an Offer for Sale of up to 668,056,100 equity shares having a face value of Rs 2 each, held by Coal India.
November 2, 2026 12:14
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50 at noon: Reliance (+7.65%), Shriram Finance (+5.75%), Tata Steel (+4.53%), Jio Financial (+4.16%), Coal India (+4.01%)
Top losers: Infosys (-1.34%), ICICI Bank (-1.09%), Adani Ports (-1.01%), Sun Pharma (-0.70%)
November 2, 2026 12:13
By 12 noon, Sensex traded 899.42 pts or 1.21% higher at 75,358.95, and Nifty 50 increased by 260.35 pts or 1.13% to 23,313.45
November 2, 2026 12:10
Ambuja Cements plans ₹14,500-crore expansion to boost capacity to 155 mtpa
Ambuja Cements plans ₹14,500-crore investment to raise capacity to 155 mtpa by FY30
Ambuja Cements will invest ₹14,500 crore to raise cement capacity to 155 mtpa by FY30, expanding its manufacturing footprint across six States.
November 2, 2026 12:03
Bitcoin’s resilience after Binance hack masks market jitters
Bitcoin’s resilience after Binance hack masks market jitters
The token’s resilience has widely been attributed to the swift response from Binance, which promised from the start to cover all losses.
November 2, 2026 12:03
Varun Beverages climbs 1.6% as analysts back volume story despite margin squeeze
Varun Beverages climbs 1.6% as analysts back volume story despite margin squeeze
Shares of Varun Beverages were trading at ₹398.30, up 1.61 per cent or ₹6.30, as of 11.40 AM on Monday, touching an intraday high of ₹404.35 before paring gains.
November 2, 2026 11:55
Century Plyboards begins production at new Hoshiarpur unit; shares steady at ₹641.20 on NSE
Century Plyboards (India) has informed the commencement of commercial production at newly set-up plywood manufacturing unit at Hoshiarpur, Punjab
Shares flat at Rs 641.20 on the NSE.
November 2, 2026 11:55
Shiva Texyarn informed the resignation of G K Raman, President - Strategic Affairs w.e.f. October 31, 2026
November 2, 2026 11:55
Ambuja Cements plans 30 MTPA capacity expansion across India; shares rise 3.5% on NSE
Ambuja Cements has firmed up its next phase of expansion, with new greenfield and brownfield projects planned to add ~30 MTPA of cement capacity across key markets. The programme will expand its manufacturing network across the East, West and North, building on its current 113.5 MTPA pan-India cement capacity across 24 integrated plants and 24 grinding units.
Shares surged 3.5% to Rs 360.55 on the NSE.
November 2, 2026 11:54
Bank of Baroda shares jump nearly 3% as analysts upgrade on Q2 beat
Bank of Baroda shares jump nearly 3% as analysts upgrade on Q2 beat
Bank of Baroda shares climbed 2.85 per cent to ₹245.40 on the NSE by mid-morning Monday, a day after the state-owned lender reported strong second-quarter results that triggered a wave of analyst upgrades and target price revisions.
November 2, 2026 11:54
Aditya Birla Capital stock ticks up as brokerages back Q2FY27 beat with Buy calls
Aditya Birla Capital stock ticks up as brokerages back Q2FY27 beat with Buy calls
Aditya Birla Capital beats Q2FY27 estimates; shares rise as brokers assign Buy ratings and target hikes amid strong revenue, PAT growth.
November 2, 2026 11:49
IndiGo sees a lot of opportunities; current industry situation challenging: CEO Willie Walsh
IndiGo sees a lot of opportunities; current industry situation challenging: CEO Willie Walsh
IndiGo sees opportunities amid industry challenges, focusing on cost efficiency while planning long-haul growth and Navi Mumbai expansion.
November 2, 2026 11:49
India’s manufacturing PMI eases to 54.7 in October as export orders hit six-month high
India manufacturing PMI eases to 54.7 in October as export orders rise
India's manufacturing PMI fell to 54.7 in October, while export orders hit a six-month high and input cost inflation eased to its lowest level since February.
November 2, 2026 11:43
Sensex crosses 1,000-point gain; Nifty touches 23,360 as crude retreat, Reliance rally lift markets
Sensex crosses 1,000-point gain; Nifty touches 23,360 as crude retreat, Reliance rally lift markets
Sensex jumps over 1,000 points and Nifty hits 23,360 as Reliance rallies amid crude oil retreat and mixed broader-market gains.
November 2, 2026 11:41
Borana Weaves delays Gujarat hybrid power project; first phase now expected before November 30, with full commissioning by March 2027
Borana Weaves said the commissioning schedule for its 9.9 MW hybrid power project at Kalikanagar, Gujarat, has been further revised due to high wind speeds, heavy monsoon conditions, additional logistics-road work and delays in obtaining shutdowns of existing 33 kV and 11 kV lines. According to the latest communication from project developer Clean Max Enviro Energy Solutions, the first wind turbine generator (WTG) location along with the 7.65 MW solar component is tentatively expected to be commissioned before November 30, 2026, the second WTG location by December 31, 2026, and the third WTG location by March 31, 2027.
November 2, 2026 11:13
Corporate Actions
EAAA India Alternatives is set to make stock market debut today, November 02. The issue price is fixed at Rs. 1665 per share.
Dividend
02-Nov-26
COLPAL: Interim Dividend - Rs. - 24.00
TANLA: Interim Dividend - Rs. - 6.00
ROUTE: Interim Dividend - Rs. - 4.00
PITTIENG: Interim Dividend - Rs. - 2.00
03-Nov-26
INFY: Interim Dividend - Rs. - 26.00
SASKEN: Interim Dividend - Rs. - 12.00
GRAVITA: Interim Dividend - Rs. - 7.70
RRKABEL: Interim Dividend - Rs. - 6.50
MAZDOCK: Interim Dividend - Rs. - 5.00
IRBINVIT: Income Distribution (InvIT)
04-Nov-26
COALINDIA: Interim Dividend - Rs. - 10.25
VAIBHAVGBL: Interim Dividend - Rs. - 1.50
PRARUH: Interim Dividend - Rs. - 1.00
GODREJCP: Interim Dividend - Rs. - 5.00
SYMPHONY: Interim Dividend - Rs. - 2.00
ASIANPAINT: Interim Dividend - Rs. - 5.75
PRIVISCL: Interim Dividend - Rs. - 5.00
SILVERTUC: Interim Dividend - Rs. - 0.10
05-Nov-26
INDTONER: Interim Dividend - Rs. - 1.20
SANOFI: Interim Dividend - Rs. - 75.00
BSOFT: Interim Dividend - Rs. - 3.00
SUNTV: Interim Dividend - Rs. - 3.75
ENGINERSIN: Interim Dividend - Rs. - 1.50
SHAREINDIA: Interim Dividend - Rs. - 0.40
VBL: Interim Dividend - Rs. - 0.50
NAVINFLUOR: Interim Dividend - Rs. - 8.00
BAGMANE: Income Distribution REITs
IPO
Bombay Coated & Special Steels: Open: 29-Oct-26; Close: 02-Nov-26
Buyback
FDC: Ex-Date: 13-Nov-26
Medi Assist Healthcare Services: Ex-Date: 20-Nov-26
VRL Logistics: Open: 27-Oct-26; Close: 02-Nov-26
Bonus Issue
Concord Biotech: Bonus Issue 1:1; Ex-Date: 04-Nov-26
Stock Split
Gujarat Natural Resources: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 05-Nov-26
Knowledge Marine & Engineering Works: Stock Split From Rs. 5/- to Rs. 1/-; Ex-Date: 06-Nov-26
Interarch Building Solutions: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 30-Nov-26
Right Issue
Crescentis Capital: Ex-Date: 04-Nov-26
Suvidhaa Infoserve: Ex-Date: 04-Nov-26
Kanel Industries: Ex-Date: 13-Nov-26
Shivam Autotech: Open: 22-Oct-26; Close: 19-Nov-26
Interactive Financial Services: Open: 06-Nov-26; Close: 26-Nov-26
Fresita Proteins: Open: 12-Nov-26; Close: 26-Nov-26
Open Offer
IIFL Capital Services: Open: 02-Nov-26; Close: 16-Nov-26
Kronox Lab Sciences: Open: 06-Nov-26; Close: 20-Nov-26
November 2, 2026 11:11
Gold and silver rebound after October’s sharp selloff; silver lags gold despite gains
Gaurav Garg, Head - Research, Lemonn
Gold and silver are attempting a recovery after the sharp liquidation seen towards the end of October. Silver is leading the rebound with a stronger percentage gain, but its recent correction remains significant: the gold-to-silver ratio has climbed to around 79, highlighting silver’s relative underperformance. The latest bounce may indicate short-covering and bargain buying, although a sustained recovery will require stronger follow-through. WTI crude has retreated below $102 as traders reassess the geopolitical risk premium built into oil prices following last week’s rally. The decline offers some relief on the energy front, but uncertainty around Middle East supply routes remains a key risk. The rupee has strengthened modestly against the dollar, offering limited relief to importers. However, elevated oil prices and October’s substantial foreign portfolio outflows remain important factors for India’s currency outlook.
November 2, 2026 11:10
Lighthouse Communities Foundation Lists on BSE Social Stock Exchange
Lighthouse Communities Foundation (LCF), a non-profit organisation focused on empowering underserved youth through sustainable livelihood opportunities, has listed on the Bombay Stock Exchange’s (BSE) Social Stock Exchange (SSE), following its public issue of Zero Coupon Zero Principal (ZCZP) instruments.
The listing will enable LCF to mobilise contributions from corporates, CSR partners and impact investors through a regulated and transparent platform. The proceeds will support the expansion of its Lighthouse programme in Pune, targeting 500 underserved youth through career guidance, confidence-building and job-readiness initiatives.
Currently, LCF operates 51 centres across six states in partnership with state and local governments and corporate organisations. Women account for nearly 60% of its enrolments, while 77% of placed youth continue to remain employed a year after placement.
In Maharashtra, LCF’s partnership with the Skills, Employment, Entrepreneurship and Innovation Department (SEEID) and the Directorate of Vocational Education and Training (DVET) has facilitated career counselling for over 5,500 young people, skilling for more than 2,075 and placements for over 3,200 candidates. The next phase will expand the initiative to additional Model Career Centres and ITIs, including in Chhatrapati Sambhajinagar and Amravati.
The listing was marked by a bell-ringing ceremony at BSE on 30 October 2026, attended by government officials, BSE representatives, corporate leaders and philanthropic partners. Ms. Manisha Verma, IAS, Additional Chief Secretary, Skills, Employment, Entrepreneurship & Innovation Department, Government of Maharashtra, attended as the Chief Guest.
November 2, 2026 11:09
Spandana Sphoorty reports ₹7.8 crore cyber fraud; shares fall 3% after company halts affected services and investigates incident
Spandana Sphoorty has reported a cyber fraud incident involving unauthorised transactions worth approximately ₹7.80 crore from one of its bank accounts on November 1, 2026. The company said the transactions were transferred to multiple beneficiary accounts, following which it immediately stopped the affected services in its production environment.
Shares down 3% to Rs 183.56 on the NSE.
November 2, 2026 11:09
Quality Power shares rise 3% as Q2 profit jumps, order book tops ₹2,000 crore; board approves new capex and Winwin acquisition plan
Quality Power shares traded 3% higher at Rs 1,442 on the NSE.
It recorded a standalone net profit of Rs 22.3 crore in Q2FY27 against Rs 12.9 crore in Q2FY26.
Company’s consolidated order book has surpassed ₹2,000 crore, driven by sustained demand for reactors, instrument transformers, Power Conversion Systems (PCS) and FACTS solutions. The Board also reviewed the enquiry pipeline, execution schedules and capacity readiness across the Group’s manufacturing operations.
The Board further approved an additional capital expenditure of ₹25 crore for establishing manufacturing capabilities for oil filled shunt reactors at the Global Coil Factory
The Board reviewed the status of the proposed acquisition of up to 100% of Winwin Speciality Insulators Limited for an aggregate consideration of up to ₹272.34 crore, comprising cash consideration of up to ₹123.84 crore and issuance of up to 10,17,123 equity shares at ₹1,460 per share on a preferential basis.
November 2, 2026 11:06
Q2 results: Quality Power
Quality Power shares traded 3% higher at ₹1,442 on the NSE.
It recorded a standalone net profit of ₹22.3 crore in Q2FY27 against ₹12.9 crore in Q2FY26.
Company’s consolidated order book has surpassed ₹2,000 crore, driven by sustained demand for reactors, instrument transformers, Power Conversion Systems (PCS) and FACTS solutions. The Board also reviewed the enquiry pipeline, execution schedules and capacity readiness across the Group’s manufacturing operations.
The Board further approved an additional capital expenditure of ₹25 crore for establishing manufacturing capabilities for oil filled shunt reactors at the Global Coil Factory
The Board reviewed the status of the proposed acquisition of up to 100% of Winwin Speciality Insulators Limited for an aggregate consideration of up to ₹272.34 crore, comprising cash consideration of up to ₹123.84 crore and issuance of up to 10,17,123 equity shares at ₹1,460 per share on a preferential basis.
November 2, 2026 11:05
Jupiter Wagons secures orders from GATX India, Chetak International
Jupiter Wagons secures orders worth over ₹324 crore from GATX India and Chetak International
Shares surged 4% to ₹188.51 on the NSE.
November 2, 2026 11:04
Wall Street rushes in with bullish calls on India’s top bourse
Wall Street rushes in with bullish calls on India’s top bourse
Wall Street bullish on NSE: top banks initiate overweight coverage, boosting expectant upside amid India's expanding, underpenetrated markets.
November 2, 2026 11:02
NTPC traded 2% positive at ₹323.90 on the NSE after a 41 per cent jump in its consolidated net profit to roughly ₹7,351 crore.
November 2, 2026 10:51
Jio Platforms' shares climb over 3% post Q2 earnings
Jio Platforms' shares climb over 3% post Q2 earnings
Jio Platforms stock rises over 3% after Q2 results show 13.7% profit growth and solid revenue gains.
November 2, 2026 10:45
Delhivery shares jump 9.5% after Q2 results; JPMorgan, Jefferies, Kotak, Citi maintain buy calls
Delhivery shares jump 9.5% after Q2 results, JPMorgan, Jefferies, Kotak, Citi maintain buy calls
Delhivery shares jumped 9.5 per cent on Monday following the company’s Q2FY27 results, with brokerages highlighting improved margins, higher yields and growth in express parcel volumes.
November 2, 2026 10:42
By 10.40 am, Sensex climbed 1013.77 points or 1.36% to 75,473.30 from the previous closing level. Nifty 50 gained 281.55 points or 1.22% to 23,334.65.
November 2, 2026 10:41
Q2 results today: GAIL
GAIL reports Revenue from Operations of ₹45,924 crore and PAT of ₹4,650 crore for Q2 FY2026-27
Shares soared over 3% to ₹173.66 on the NSE.
November 2, 2026 10:41
L&T secures orders worth ₹1,000-2,500 crore for residential developments
Larsen & Toubro has secured multiple orders worth ₹1,000-2,500 crore for the construction of two residential developments in Mumbai and Bengaluru, and a commercial development in Hyderabad.
Shares up 1.5% to ₹3,932.90 on the NSE.
November 2, 2026 10:39
Nifty Prediction Today – November 02, 2026: Nifty 50 Futures: Bullish. Go long now and on dips
Nifty Prediction Today – November 02, 2026: Nifty 50 Futures: Bullish. Go long now and on dips
Nifty 50 futures show bullish bias with a target near 23,620 this week, outlining a long strategy above 23,380 and dips to 23,340.
November 2, 2026 10:34
Coal India unit South Eastern Coalfields files for IPO
Coal India unit South Eastern Coalfields files for IPO
South Eastern Coalfields files for IPO; Coal India to offload up to 668.1 million shares, potentially raising up to $800 million.
November 2, 2026 10:34
PhonePe Invest witnesses 50% growth in new customer additions
PhonePe Invest witnesses 50% growth in new customer additions
PhonePe Invest reports 50% growth in new users, unveils Portfolio Optimiser and consolidated demat-portfolio view for smarter investing.
November 2, 2026 10:26
Indian equities outperform Asia-Pacific markets in October as investors shift away from AI stocks
India outperforms Asia-Pacific markets in October as IT services stocks lead
Indian equities outperformed Asia-Pacific by 7 percentage points in October as investors shifted from AI enablers to IT services, Goldman Sachs said.
November 2, 2026 10:23
Reliance shares jump 7% as brokerages maintain bullish view after Q2 results
Reliance shares jump 7% as brokerages maintain bullish view after Q2 results
Reliance shares rise ~7% after strong Q2 results, with brokerages maintaining bullish views on refining, petrochemicals, and retail prospects.
November 2, 2026 10:22
Rupee falls 21 paise to 94.97 against US dollar in early trade
Rupee falls 21 paise to 94.97 against US dollar in early trade
The rupee depreciated 21 paise to 94.97 against the US dollar in early trade on Monday pressured by the broad strength of the American currency in the overseas market.
November 2, 2026 10:13
Steel Strips Wheels posts record monthly sales in October; net turnover jumps 55.6% YoY to ₹647.05 crore, surpassing last month’s high
Steel Strips Wheels: recorded its Highest-Ever lvlonthly Sales Turnover in October 2026, successfully surpassing its previous all-time highest record set JUst last month in September 2026 ({625,81 Cr Net Turnover). Total Net Sales turnover grew by 55.58o/o YoY to reach 4647.05 Crore (vs. ?415.90 Crore in October 2025), while Gross Turnover reached {753.65 Crore (up 56,69% yoy vs. {480,99 Crore).
November 2, 2026 10:07
Mutual funds rally as Sensex surges over 800 points; Reliance earnings and falling crude lift equity NAVs, boost investor sentiment: BhilwariaFinserv
Mutual Fund market update by Abhishek Bhilwaria, Partner, BhilwariaFinserv
The mutual fund market is experiencing a strong positive rally today (November 2, 2026), driven by a sharp gap-up opening where the BSE Sensex surged over 800 points (1.08%) to cross 75,260 and the NSE Nifty 50 climbed nearly 217 points (0.94%) to trade near 23,270 in early market action. This broad-based equity recovery primed to lift Net Asset Values (NAVs) across equity-oriented schemes is heavily catalyzed by index heavyweight Reliance Industries jumping nearly 6% on strong earnings, alongside a 2.5% drop in international Brent crude to $110 per barrel which has boosted energy, infrastructure, and PSU bank fund components. As institutional fund managers capitalize on recent market corrections to accumulate high-conviction value picks, retail investors are also seeing fresh tactical entry points this week with new fund offerings (NFOs) opening up, including the Kotak FMP - 336 Fund and the Quant Silver ETF Fund of Fund.
November 2, 2026 10:02
Gold under pressure as strong dollar and rising crude weigh on prices; Indian demand stays cautious despite festive support: Aspect Bullion CEO
Darshan Desai, CEO, Aspect Bullion & Refinery
“Gold prices have remained under pressure, with a stronger dollar, rising crude oil prices and expectations around US interest rates weighing on sentiment. Silver has also witnessed a sharper correction.
From the Indian bullion industry’s perspective, buying remains cautious, although the festive and wedding season continues to support demand.
For the week ahead, volatility is likely to persist, with US midterm election results, economic data and geopolitical developments influencing prices. Any sustained recovery will largely depend on global market cues.”
November 2, 2026 09:56
Rupee falls 21 paise to 94.97 against US dollar in early trade
The rupee depreciated 21 paise to 94.97 against the US dollar in early trade on Monday pressured by the broad strength of the American currency in the overseas market.
Forex traders said a positive domestic market and softening of crude oil prices cushioned the downside.
At the interbank foreign exchange market, the rupee opened at 94.90, then fell to 94.97 against the US dollar, registering a fall of 21 paise from its previous close.
On Friday, the rupee had settled at 94.76 against the American currency. - PTI
November 2, 2026 09:43
Crude oil futures fall over 3% as Qatar-Iran talks raise hopes of a deal to end US-Iran conflict
Crude oil futures fall as diplomatic efforts to end Iran-US war continue
Oil futures slip as Iran-US diplomacy continues, with Brent near $109.69 and WTI around $100.60 amid OPEC+ production news.
November 2, 2026 09:42
Jio Platforms trades at ₹1,444 on NSE after Q2 net profit rises 13% year-on-year to ₹8,387 crore
Jio Platforms traded at Rs 1,444 on the NSE at 9.38 am after rising to Rs 1,475 from Rs 1,431.30 previous close. It reported a 13 per cent year-on-year increase in net profit to ₹8,387 crore for the quarter ended September.
November 2, 2026 09:42
Markets open higher as AI selloff boosts anti-tech trade; Reliance, Tata Steel lead gains
Markets open higher as AI selloff boosts anti-tech trade; Reliance, Tata Steel lead gains
Indian indices open higher as AI selloff aids anti-tech trade; Reliance and Tata Steel lead gains amid easing oil, lower US yields.
November 2, 2026 09:41
Goldman hikes oil-price forecasts on ‘substantial’ supply risks
Goldman hikes oil-price forecasts on ‘substantial’ supply risks
Goldman raises oil-price outlook to reflect substantial supply risks, boosting Brent to $105 in December and $88 next year.
November 2, 2026 09:41
Binance sees outflows stabilising as exchange returns online after $6.3 billion heist
Binance sees outflows stabilising as exchange returns online after $6.3 billion heist
Binance stabilizes after a $6.3B hack, covering 95% of losses as withdrawals ease while North Korea-linked theft sparks debate.
November 2, 2026 09:40
IDBI Bank sale: More skeletons may be waiting to tumble, says EAS Sarma
IDBI Bank sale: More skeletons may be waiting to tumble, says EAS Sarma
EAS Sarma alleges hidden risks and conflicts in IDBI disinvestment, urging an independent inquiry and cautioning against foreign-led asset privatization.
November 2, 2026 09:39
Reliance Industries jumps over 6% as record Q2 profit drives stock to ₹1,237.30 on NSE
Reliance Industries stock surged over 6% to Rs 1,237.30 on the NSE. Consolidated net profit rose 33.8 per cent year-on-year to a record ₹ 29,550 crore in Q2FY27.
November 2, 2026 09:32
Reliance Ind, Jio Platforms, NTPC, Quality Power, Zen Tech, Delhivery shares surge after Q2 results, Syrma declines :
Q2 Results 02nd Nov Oct Live: ITC, Marico, UPL, Petronet LNG, NLC, DOMS, Escorts Kubota, NALCO, Bosch, MobiKwik, Wockhardt, Granules to announce Q2 results, Reliance Ind, Jio Platforms, NTPC, Quality Power, Zen Tech, Delhivery shares surge after Q2 results, Syrma declines
Q2 Results Today, 02nd November 2026 Live Updates: Find all the latest Q2 results 2026 updates of Aadhaar Ventures India, Aelea Commodities, Amir Chand Jagdish Kumar (Exports), Akums Drugs and Pharmaceuticals, Alankit, Alacrity Securities, Advance Metering Technology, Amara Raja Energy & Mobility, Arvind Fashions, Add-Shop ERetail, Atharva Poly-Plast, Avance Technologies, Avonmore Capital & Management Services, Axtel Industries, Indef Manufacturing, Balaji Amines, Balmer Lawrie & Company, Banswara Syntex, BCL Industries, Bharat Bhushan Finance & Commodity Brokers, Bharat Wire Ropes, Bhatia Communications & Retail (India), Birlanu, BLS E-Services, BLS Infotech, Bombay Wire Ropes, Borana Weaves, Bosch Home Comfort India, BPL, Brahmaputra Infrastructure, Capillary Technologies India, Carborundum Universal, Chemcrux Enterprises, Choice International, Cineline India, Citizen Solar, CLC Industries, Chennai Meenakshi Multispeciality Hospital, Concord Control Systems, Container Corporation of India, Cressanda Railway Solutions, CSL Finance, Captain Technocast, Darshan Orna, DCM Financial Services, Devinsu Trading, Devson Catalyst, Devyani International, Digicontent, Digitide Solutions, DIVGI TORQTRANSFER SYSTEMS, DOMS Industries, Disha Resources, EFC (I), Epack Prefab Technologies, Epigral, Escorts Kubota, ESDS Software Solution, Eureka Forbes, Fine Organic Industries, Flair Writing Industries, Forbes & Company, Franklin Industries, Fusion Finance, Ganesh Consumer Products, Ganga Pharmaceuticals, GCM Capital Advisors, Ginni Filaments, Gujarat Narmada Valley Fertilizers & Chemicals, Gold Coin Health Foods, Gopal Snacks, Goyal Aluminiums, Granules India, Grauer & Weil India, Greenpanel Industries, Groarc Industries India, Gujarat State Fertilizers & Chemicals, Global Surfaces, Galaxy Supermarket, Happiest Minds Technologies, HLE Glascoat, Hybrid Financial Services, Ideaforge Technology, IFB Agro Industries, Indogulf Cropsciences, Indokem, Innovassynth Technologies (India), ITC, Jamshri Realty, Jay Bharat Maruti, Jayatma Industries, JHS Svendgaard Laboratories, JJ Finance Corporation, JK Paper, JTL Industries, Jyot International Marketing, Kanohar Electricals, KEC International, Khaitan (India), Kiran Syntex, Kiran Vyapar, Kitex Garments, Kewal Kiran Clothing, KRBL, Krishna Filament Industries, Krsnaa Diagnostics, Krystal Integrated Services, Labelkraft Technologies, Lake Shore Realty, Lead Financial Services, Lehar Footwears, LKP Securities, Lloyds Engineering Works, Magnanimous Trade & finance, Marico, Mac Charles India, Megastar Foods, Minolta Finance, One Mobikwik Systems, Mohit Industries, Moil, Mold-Tek Packaging, Mpl Plastics, Monarch Surveyors and Engineering Consultants, Narmada Agrobase, National Aluminium Company, Nandan Denim, NDL Ventures, Nelcast, Nirlon, Nitin Castings, NLC India, N2N Technologies, Neogem India, Novyra Pharmachem, Oasis Securities, Orient Technologies, Oswal Leasing, Pajson Agro India, Paluck Technologies, Pasupati Acrylon, Patel Integrated Logistics, Patron Exim, PCBL Chemical, Peoples Investments, Purple Style Labs, Petronet LNG, Procter & Gamble Health, PNC Media and Entertainment, Prasol Chemicals, Primo Chemicals, Pro Clb Global, PSP Projects, PTC India, Puravankara, Raghuvir Synthetics, Rajesh Power Services, Rajkamal Synthetics, Raw Edge Industrial Solutions, Regal Entertainment & Consultants, Regis Industries, Relic Technologies, Ruparel Food Products, Roopa Screen, Rajputana Stainless, RSWM, Rupa & Company, Sadbhav Infrastructure Project, Sanghvi Movers, Scarnose International, Saint Gobain Sekurit India, Sheela Foam, Shemaroo Entertainment, S H Kelkar and Company, Shree Ganesh Biotech (India), Shree Pushkar Chemicals & Fertilisers, Shree Securities, Shyamkamal Investments, Sicagen India, Signpost India, SMR Jewels, Sun Pharma Advanced Research Company, Starlit Power Systems, Star Source Multi Trade, Suryo Foods & Industries, Susan Electricals India, SVS Ventures, TANFAC Industries, Tata Investment Corporation, TBO TEK, Thacker & Company, Thomas Cook (India), Tamilnadu Petroproducts, Teamo Productions HQ, Trident, Triveni Engineering & Industries, TV Today Network, United Foodbrands, Umiya Mobile, Unisem Agritech, UPL, U. Y. Fincorp, Valiant Laboratories, Shri Vasuprada Plantations, Ventive Hospitality, Vesuvius India, VRL Logistics, Walchandnagar Industries, Winsome Textile Industries, Wockhardt, Wonderla Holidays, Xtranet Technologies, Yarn Syndicate, Yash Chemex, Zuari Agro Chemicals.
November 2, 2026 09:32
India’s Diesel, Gasoline Sales Climb Y/y in October; LPG Slides
India’s domestic diesel sales in October increased by about 12% y/y, while gasoline rose 3.1%, according to preliminary figures published by the Petroleum Planning and Analysis Cell.
October volumes (’000 tons), vs October 2025; YoY change:
Diesel: 8,511 vs 7,620; +11.7%
Gasoline: 3,779 vs 3,665; +3.1%
Jet fuel: 762 vs 773; -1.3%
LPG: 2,614 vs 2,974; -12.1%
-- Bloomberg
November 2, 2026 09:31
Memory Stocks Are 'Portfolio Shelter' on AI Spending: Nomura
Global memory chip stocks offer “portfolio shelter,” as the biggest technology companies continue an AI investment race that will increasingly require external funding, according to Nomura.
*Third-quarter results from Meta, Alphabet, Microsoft, Amazon and SpaceX reaffirm that AI investment “cannot stop,” while cash is accumulating at memory chipmakers, write analysts including CW Chung
*Memory valuations already assume peak earnings, which Nomura analysts’ disagree with
*The sector trades at an “excessively low”valuation of 2-3x earnings estimates -- Bloomberg
November 2, 2026 09:31
HSBC on Varun Beverages
Recommendation: Buy, Target: ₹540
Q3 volumes grow 29% YoY; revenue rises 33%, EBITDA 25% and PAT 14%
Gross margin contracts 330 bps on packaging inflation; EBITDA margin falls 140 bps to 21.6%
Premium products, international expansion and digital distribution support growth despite cost pressures
November 2, 2026 09:30
JPMorgan on Rainbow Children’s Hospitals
Recommendation: Overweight, Target: ₹2,000
New hospitals continue ramping up; improving occupancy and higher-acuity pediatric care support growth
Plans a 150-bed specialty pediatric hospital in Amaravati by FY30
Expects no material consensus earnings revisions; higher employee and doctor costs remain margin risks
November 2, 2026 09:30
Jefferies on Phoenix Mills
Recommendation: Buy, Target: ₹2,250 (Earlier Target: ₹2,215)
Q2 EBITDA rises 7% YoY to Rs 7.1 bn; margin expands 180 bps to 61.6%
Mall consumption grows 25% YoY to Rs 46.9 bn; retail lease income rises 15%
Expects 15% consumption growth in H2FY27; office portfolio reaches 79% leasing
November 2, 2026 09:30
Brokerages on PB Fintech
Bernstein on PB Fintech
Recommendation: Outperform, Target: ₹1,085
Q2 consolidated premiums grow 38% YoY; core credit disbursements rise 22%
Contribution margin remains around 29% and adjusted EBITDA margin around 10% amid higher marketing spend
Management outlines a 1,000-day plan focused on cost discipline, non-insurance revenue and exploring an insurer licence
HSBC on PB Fintech
Recommendation: Hold, Target: ₹1,100 (Earlier Target: ₹1,150)
Q2 earnings miss estimates as higher advertising and operating expenses weigh on profitability
Insurance premiums grow around 38% YoY, but regulatory uncertainty clouds the outlook
Cuts FY27–29 EPS estimates by 2–4%; cost optimisation and commission changes remain key monitorables
November 2, 2026 09:30
Jefferies on NTPC
Recommendation: Buy, Target: ₹425
Cuts FY27 renewable capacity addition guidance to 5 GW from 7–8 GW due to transmission delays
Targets 60 GW renewable capacity by 2032; plans 41 GWh battery storage under NTPC Green
Raises FY27 EPS estimate by 1%; capacity ramp-up remains key re-rating driver
November 2, 2026 09:29
Brokerages on Navin Fluorine
Jefferies on Navin Fluorine
Recommendation: Buy, Target: ₹10,540 (Earlier Target: ₹9,405)
Q2 revenue rises 57% YoY; EBITDA grows 66% and PAT jumps 81%, beating estimates
CDMO revenue grows 78% YoY; specialty chemicals and high-performance products sustain momentum
Raises FY27/FY28 EPS estimates by 18%/16%; forecasts 30% EPS CAGR over FY26–29
Kotak on Navin Fluorine
Recommendation: Sell, Target: ₹5,990 (Earlier Target: ₹5,250)
Q2 revenue grows 57% YoY; EBITDA rises 65% and PAT jumps 81%
CDMO revenue rises 78% YoY; higher R-32 realisations support high-performance products
Raises FY27–29 EPS estimates by 23–24%, but retains Sell on expensive valuations
November 2, 2026 09:29
Brokerages on Muthoot Finance
Jefferies on Muthoot Finance
Recommendation: Hold, Target: ₹2,700 (Earlier Target: ₹3,300)
Q2 PAT rises 27% YoY to Rs 29.8 bn, beating estimates by 10%; AUM grows 42% YoY
NIM expands 150 bps QoQ, while Stage 2/3 loans rise sharply amid repayment challenges
Raises FY27/FY28 EPS estimates by 9%/4%; expects 13% EPS CAGR over FY26–28
Kotak on Muthoot Finance
Recommendation: Buy, Target: ₹3400
Expects moderate 2% sequential loan growth in H2FY27 and 10–12% growth in FY28–29
Low loan-to-value ratios offer protection against rising delinquencies and gold-price volatility
Raises earnings estimates by 1–3%; increasing competition and yield compression remain risks
Morgan Stanley on Muthoot Finance
Recommendation: Overweight, Target: ₹3,705
PAT beat estimates by 13% and consensus by 15%
Raised full-year FY27 loan growth guidance by 10 percentage points to 25%
Stage 2+3 asset ratio jumped to 16% from 3% in the first quarter
NII came in 17% above estimates, driven by strong 9% QoQ AUM growth
Net interest margin expanded to 11.9% compared to the 10.7% estimate
November 2, 2026 09:29
Citi on Max Healthcare
Recommendation: Buy, Target: ₹1,240
New hospital ramp-ups, improving patient mix and international patients expected to support growth
Board approves Rs 4.15 bn brownfield expansion for 209 beds; Pune project targets 450 beds
Oncology drug margin caps and regulatory uncertainty remain risks; new capacity supports medium-term earnings
November 2, 2026 09:28
Brokerages on IOCL
Jefferies on IOCL
Recommendation: Buy, Target: ₹175 (Earlier Target: ₹180)
Expects strong refining margins through winter amid global supply disruptions and low inventories
Plans around 20 MMT brownfield refinery expansion by December 2026; renewable target at 30 GW by 2030
Raises FY27 EPS estimate sharply; elevated crude prices and marketing losses threaten H2 profitability
JPMorgan on IOCL
Recommendation: Overweight, Target: ₹170
Plans annual capex of Rs 300–400 bn over the next four to five years across refining and new ventures
Targets 31 GW renewable capacity over five years; refinery expansions expected to complete in FY27
Raises FY27 EPS estimate by 16.1%; higher crude prices threaten near-term marketing profitability
Kotak on IOCL
Recommendation: Reduce, Target: ₹135
Expects challenging H2FY27 as elevated crude prices pressure marketing profitability
Limited scope for retail fuel price increases could force oil marketing companies to absorb higher costs
Cuts FY27 EBITDA estimate by 7.6%; refinery commissioning delays add to earnings pressure
November 2, 2026 09:28
Jefferies on GAIL
Recommendation: Hold, Target: ₹185
Q2 EBITDA doubles YoY to Rs 64.1 bn; PAT rises 110% to Rs 46.5 bn
Gas transmission volumes reach 130.1 mmscmd; FY27 volume guidance raised to 126–127 mmscmd
Raises FY27 EPS estimates by 40%, but expects trading profits to normalise in H2
November 2, 2026 09:28
Kotak on Dixon Technologies
Recommendation: Buy, Target: ₹14,900
Q2 revenue at Rs 218 bn beats estimates by 6.4%; PAT of Rs 2.93 bn beats by 4%
Retains FY27 mobile volume guidance of 33–34 mn units, excluding Vivo; targets 55–60 mn in FY28
Cuts earnings estimates by 1–2%; telecom, IT hardware and components remain growth drivers
November 2, 2026 09:28
Kotak on Delhivery
Recommendation: Buy, Target: ₹550
Q2 reported EBITDA grows 29% YoY, beating estimates by 16% on improved service margins
Express parcel yields improve; PTL and supply-chain services support profitability
Working capital falls to five days of sales; Meesho insourcing remains a key risk
November 2, 2026 09:27
Kotak on Deepak Nitrite
Recommendation: Add, Target: ₹1,690
Q2 revenue jumps 62% YoY; EBITDA rises 207% and PAT grows 235%
Phenolics EBIT rises 23% QoQ on strong realisations, while advanced intermediates EBIT falls 27%
Raises FY27 EPS estimate by 48%; expects earnings moderation in FY28 as phenol spreads normalise
November 2, 2026 09:27
Jefferies on CDSL
Recommendation: Hold, Target: ₹1,315
Q2 PAT rises 24% YoY to Rs 1.7 bn, beating estimates by 10%
IPO and corporate-action income grows 65% YoY; transaction charges rise 15%
EBITDA margin expands 220 bps YoY to 57.9%, despite 39% growth in technology expenses
November 2, 2026 09:27
Jefferies on Auto Sector
Prefers two-wheelers over four-wheelers; TVS Motor and Eicher Motors remain top Buys
Festive two-wheeler registrations rise 11% YoY; passenger vehicle registrations grow 6%
October wholesale growth strongest for TVS, Maruti and Hero MotoCorp versus estimates
Truck demand remains strong, while tractor wholesales decline amid a high base and weakening demand
November 2, 2026 09:27
Kotak on Aether Industries
Recommendation: Sell, Target: ₹1,120 (Earlier Target: ₹1,070)
Q2 revenue grows 26% YoY; EBITDA rises 25.5%, driven by 50% growth in CEM revenue
Inventory days rise to 172 from 151; operating cash flow falls to Rs 0.3 bn in H1
Strong growth outlook requires heavy capex; expensive valuations and weak cash generation remain concerns
November 2, 2026 09:26
HSBC on Bharat Electronics
Recommendation: Buy, Target: ₹525
Q2 revenue rises 26.5% YoY to Rs 72.9 bn; EBITDA grows 20.3% to Rs 20.4 bn
PAT rises 19.8% YoY to Rs 15.4 bn; EBITDA margin stands at 28%
Order book declines 4.9% QoQ to Rs 687 bn amid softer inflows; balance sheet remains debt-free
November 2, 2026 09:26
Brokerages on Bank of Baroda
HSBC on Bank of Baroda
Recommendation: Buy, Target: ₹284 (Earlier Target: ₹276)
Q2 core profit beats estimates on stronger fee income and lower underlying credit costs
Expects improving NIM and loan growth to support around 1% RoA and 13% RoE
Raises FY27–29 EPS estimates by 10.7–16.7%; ECL transition remains a key risk
UBS on Bank of Baroda
Recommendation: Buy, Target: ₹300 (Earlier Target: ₹310)
Q2 NII stands at Rs 130 bn, up 4% QoQ; NIM declines 3 bps to 2.74%
Adjusted PAT grows 12% YoY to Rs 54 bn; GNPA improves to 1.78%
Raises FY27 loan growth guidance to 13–15% and deposit growth to 11–13%; retains 2.75–2.95% NIM guidance
November 2, 2026 09:26
Auto stocks rally after strong October sales; Maruti, Hyundai, Ashok Leyland lead gains
All auto stocks in green after October monthly sales data; Top gainers: Maruti (+2.55%), Hyundai (+2.16%), Ashok Leyland (+2.12%), TMPV (+1.92%), Tube Investments (+1.48%)
November 2, 2026 09:25
Nifty Today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: Reliance (+4.37%), Tata Steel (+3.54%), Max Health (+3.19%), NTPC (+2.97%), Maruti (+2.73%)
Top losers: Sun Pharma (-1.69%), Apollo Hospitals (-0.91%), ICICI Bank (-0.06%), Axis Bank (-0.05%), Infosys (-0.02%)
November 2, 2026 09:25
HSBC on Bharat Electronics
Recommendation: Buy, Target: ₹525
Q2 revenue rises 26.5% YoY to Rs 72.9 bn; EBITDA grows 20.3% to Rs 20.4 bn
PAT rises 19.8% YoY to Rs 15.4 bn; EBITDA margin stands at 28%
Order book declines 4.9% QoQ to Rs 687 bn amid softer inflows; balance sheet remains debt-free
November 2, 2026 09:24
Brokerages on Bank of Baroda
HSBC on Bank of Baroda
Recommendation: Buy, Target: ₹284 (Earlier Target: ₹276)
Q2 core profit beats estimates on stronger fee income and lower underlying credit costs
Expects improving NIM and loan growth to support around 1% RoA and 13% RoE
Raises FY27–29 EPS estimates by 10.7–16.7%; ECL transition remains a key risk
UBS on Bank of Baroda
Recommendation: Buy, Target: ₹300 (Earlier Target: ₹310)
Q2 NII stands at Rs 130 bn, up 4% QoQ; NIM declines 3 bps to 2.74%
Adjusted PAT grows 12% YoY to Rs 54 bn; GNPA improves to 1.78%
Raises FY27 loan growth guidance to 13–15% and deposit growth to 11–13%; retains 2.75–2.95% NIM guidance
November 2, 2026 09:24
Brokerages on Sun Pharma
BofA on Sun Pharma
Recommendation: Underperform, Target: ₹1,850 (Earlier Target: ₹1,915)
Q2 revenue grows 12% YoY; EBITDA stands at Rs 46.6 bn with 28.8% margin
India sales grow 17%, while specialty sales rise just 7% amid slowing US Ilumya demand
Cuts FY27 EPS estimate to Rs 48.40 from Rs 53.93; higher R&D spending and specialty concentration remain concerns
Citi on Sun Pharma
Recommendation: Buy, Target: ₹2,280
US Ilumya execution challenges may take a few quarters to resolve; psoriatic arthritis launch planned in November
Organon acquisition expected to close in Q4FY27; R&D spending likely to increase in H2
Cuts FY27–29 EBITDA estimates by 8–12%; Leqselvi and Unloxcyt remain key growth opportunities
HSBC on Sun Pharma
Recommendation: Buy, Target: ₹2,050 (Earlier Target: ₹2,100)
Global innovative medicine sales grow 6.9% YoY to $356 mn, impacted by slower US Ilumya sales
US FDA approval for Ilumya in psoriatic arthritis expands addressable market; launch planned from November
Cuts FY27–29 EPS estimates by 2.5–3.1%; Ilumya recovery and European lerodalcibep launch remain catalysts
November 2, 2026 09:23
Brokerages on RIL
Jefferies on Reliance Industries
Recommendation: Buy, Target: ₹1,710
Q2 consolidated EBITDA rises 23% YoY to Rs 566 bn, beating estimates by 6%; O2C leads performance
Retail EBITDA misses estimates by 6% as quick-commerce investments and inflation weigh on margins
Raises FY27/FY28 EBITDA estimates by 6%/2%; expects strong winter refining profitability
Kotak on Reliance Industries
Recommendation: Buy, Target: ₹1,500
Strong refining and petrochemical margins support O2C outlook amid global supply disruptions
Retail recovery depends on festive demand and returns from digital commerce investments
FMCG expansion led by Campa and Independence offers growth opportunities; retail profitability remains a concern
November 2, 2026 09:23
Morgan Stanley on NSE
Recommendation: Overweight, Target: ₹2,315
Expects revenue and normalised PAT CAGR of 15% over FY27–29
Index options market share likely to stabilise near 65%; financialisation of savings supports long-term growth
Dominant liquidity and scalable operations support premium valuations; regulatory changes remain key risks
November 2, 2026 09:23
Bitcoin enters November at $78,000 with cautious sentiment; $80,000 breakout hinges on institutional inflows and market liquidity
“Bitcoin enters November at a critical juncture, trading around $78,000 after a subdued October that saw weakening momentum and cautious investor sentiment. The absence of a significant premium in Bitcoin futures indicates that speculative appetite remains limited, with traders awaiting stronger signals before taking fresh positions. The immediate resistance stands near $78,450, and a sustained breakout could open the path towards $80,000–$82,000. However, failure to maintain support around $77,000 could lead to further consolidation towards $75,000.
November’s trajectory will largely depend on institutional inflows, broader liquidity conditions and developments in US monetary policy. As Bitcoin completes 18 years since the release of its white paper, its growing institutional adoption reflects its evolution into an established global asset class. For investors, the focus should remain on tracking ETF flows, market liquidity and key technical levels rather than reacting to short-term price fluctuations. A sustained recovery in buying activity could set the tone for a stronger finish to 2026.” - Avinash Shekhar, Co-Founder & CEO, Pi42
November 2, 2026 09:22
APSEZ posts 27% cargo growth in October, but shares remain flat at ₹1,852.40 on NSE
APSEZ handles cargo volume of 51 MMT in Oct’26, delivers 27% YoY growth.
Shares flat at Rs 1,852.40 on the NSE.
November 2, 2026 09:18
Sensex surges over 875 points, Nifty jumps 1% in early trade
Sensex jumped 878.89 pts or 1.18% higher to 75,338.42 at 9.16 am after opening at 75,178.24 from 74,459.53 previous close. Nifty 50 gained 230.25 pts or 1.00% to 23,283.35.
November 2, 2026 09:08
Morning Updates : Nifty Highest OI (3rd Nov Expiry)
Call:23500/Put: 22000
Nifty 200 EMA - 23909
Nifty 50 EMA - 23159
Nifty Spot - 23053
Nifty 100 PE - 18.9
Nifty 50 PE - 19.3
Nifty PCR - 1.43
Nifty Cash Market Volume- 98k Cr
FII Index Long Futures decreased to 11% from 12%
S&P 500 : -1.82%
Brent Futures : 110.2
Dollar Index : 101.8
USD INR. : 95.1
November 2, 2026 09:06
Balu Forge steps up artillery shell dispatches, wins US and European orders
Balu Forge Industries Ltd has reported fresh execution milestones across defence, aerospace, energy and heavy mobility, including dispatches of 152mm shells and quality approval for its 155mm ERFB artillery shell. The company also received orders for 105mm empty shells from an Indian government defence unit. It secured new orders from a leading US oil and gas company and a Czech armoured vehicle manufacturer, following plant audits and quality approvals.
Shares jump 7% to Rs 472.80 on the NSE.
November 2, 2026 09:04
Bajaj Auto October sales rise 14% to 5.92 lakh units
Bajaj Auto reported a 14 per cent increase in total sales to 5,91,876 units in October 2026, compared with 5,18,170 units a year earlier. Two-wheeler sales rose 13 per cent to 5,01,194 units, while commercial vehicle sales increased 20 per cent to 90,682 units. Exports grew 18 per cent to 2,40,728 units, while domestic sales rose 12 per cent to 3,51,148 units. For April-October, total sales grew 22 per cent.
November 2, 2026 09:03
Ashok Leyland October sales rise 23% to 21,888 vehicles
Ashok Leyland reported a 23 per cent increase in total vehicle sales, including exports, to 21,888 units in October 2026, against 17,820 units a year earlier. Medium and heavy commercial vehicle (M&HCV) sales rose 28 per cent to 13,927 units, driven by a 41 per cent jump in truck sales. Light commercial vehicle sales increased 14 per cent to 7,961 units. Domestic sales grew 24 per cent to 20,224 vehicles.
November 2, 2026 08:58
Bitcoin rebounds to $78,455, but $643 million ETF outflows and Binance theft cloud recovery prospects
Vikram Subburaj, CEO, Giottus.com
Bitcoin recovered to about $78,455 on November 2, gaining 1.11 per cent over 24 hours as the market steadied after last week’s sell-off. However, the crypto asset remained 1.34 per cent lower over seven days, while Friday’s $643.2 million withdrawal from US spot Bitcoin exchange-traded funds left the rebound facing a fresh test of demand.
The $6.3 billion theft at Binance has made the pace of customer withdrawals a concern alongside prices. Reuters reported on November 2 that customers had withdrawn a net $3.64 billion as the exchange resumed services; Binance said withdrawals were stabilising and it had covered 95 per cent of the stolen assets.
ETF investors had been adding money before the October 30 reversal, with Farside Investors recording combined inflows of $440.8 million over the preceding four sessions. Friday’s $643.2 million outflow erased those gains and left the October 26-30 period with net withdrawals of $202.4 million.
BlackRock’s IBIT lost $233.7 million on Friday, while Fidelity’s FBTC recorded withdrawals of $201 million. Their combined $434.7 million accounted for approximately 68 per cent of the day’s net outflow, placing the two major products at the centre of the reversal.
For Bitcoin, the first downside reference is around $77,500, close to CoinMarketCap’s retrieved 24-hour low of $77,544.78. A failure to hold that area would bring Friday’s $76,173 trough back into focus.
The immediate upside hurdle is around $78,500, matching CoinMarketCap’s retrieved daily high of $78,518.31. Beyond that, 80,000-81,500 is the next recovery zone to monitor, while Glassnode identified 84,000-85,000 as a higher resistance band in its October 28 report.
On-chain evidence was already showing weak demand before the breach: CryptoQuant put the 30-day sum of apparent Bitcoin demand at approximately minus 76,000 BTC on October 25. Glassnode’s October 28 report estimated entity-adjusted profit-taking at about $260 million a day, roughly half the pace around September’s high. These readings pre-date the $6.3 billion theft.
The US interest-rate outlook gives the recovery another complication: the Federal Reserve held its target range at 3.75-4 per cent on October 28, but two members preferred a quarter-percentage-point increase. With the next meeting scheduled for December 8-9, that dissent makes stronger employment or inflation readings a potential source of renewed pressure on crypto.
The November 2 ISM manufacturing survey and November 4 services survey will offer early indications of activity and price pressures ahead of the October employment report on November 6. Strong payroll growth accompanied by firm wage increases on November 6 could reinforce expectations of restrictive policy, potentially lifting Treasury yields and the dollar and making Bitcoin’s recovery harder to sustain.
The November 3 US midterm elections add political uncertainty to that economic calendar. Changes in congressional control after November 3 could affect fiscal negotiations and the prospects for digital-asset legislation.
October consumer inflation, scheduled for November 10, and producer inflation on November 13 will provide the next major checks on price pressures. Inflation above expectations in those November 10 and 13 releases could strengthen the case for further tightening before the December 8-9 meeting.
Among the five largest altcoins excluding stablecoins, Ethereum traded at $2,293.42, up 1.22 per cent over 24 hours while BNB rose 1.53 per cent to $713.74. XRP gained 0.33 per cent to $1.25, and TRON advanced 1.21 per cent to $0.3131, while Solana slipped 0.72 per cent to $95.02.
All five remained lower over seven days, with Ethereum down 0.50 per cent, BNB 2.93 per cent and XRP 2.18 per cent. Solana’s 5.51 per cent weekly decline and TRON’s 4.99 per cent fall showed how much ground remained unrecovered despite gains elsewhere on November 2.
After a $643.2 million ETF exit, the next few US sessions will matter as much as the next price advance. A recovery through $78,500 accompanied by renewed ETF inflows would provide firmer evidence of returning demand, while a fall below $77,500 would put Friday’s lows back within reach.
Our advice: Avoid leveraged bets on Bitcoin’s rebound towards $78,500. Keep fresh purchases small ahead of the US jobs report on November 6.
November 2, 2026 08:57
Riya Sehgal, Research Analyst, Delta Exchange
Crypto markets are stabilising after last week’s sell-off, with Bitcoin recovering toward $78,500 and Ethereum approaching $2,300 as selling pressure eases.
Institutional flows remain a headwind, with US spot Bitcoin ETFs recording about $202 million in net outflows last week, while Ether ETFs saw around $431 million leave.
The near-term outlook will depend on ETF demand, US economic data and the direction of Treasury yields, which could continue to influence liquidity and risk appetite.
Technically, Bitcoin needs to reclaim $79,200, followed by the $80,300–$80,900 resistance zone, to strengthen the recovery. A failure to sustain the rebound could bring the $76,500–$77,000 region back into focus.
Ethereum is showing better short-term momentum, but needs to clear $2,330 to extend the recovery.
Until these resistance levels are reclaimed, the current move remains a relief recovery, with macro data and institutional flows likely to determine the next directional move.
November 2, 2026 08:57
Auto Sales - October 2026
Escorts October 2026 Sales - In line with estimate
(Nirmal Bang Retail Research)
Total Sales came at 16921 units vs expectation of 16720 units, YoY 18798 units (-10%) and MoM 15214 units (11%)
Mahindra & Mahindra October 2026 Sales - In line with estimate
(Nirmal Bang Retail Research)
Total Auto Sector came at 131109 units vs expectation of 128550 units, YoY 120142 units (9%) and MoM 114874 units (14%)
Total Tractors came at 64846 units vs expectation of 64400 units, YoY 73660 units (-12%) and MoM 52100 units (24%)
Total Sales (Auto+Tractors) came at 195955 units vs expectation of 198050 units, YoY 193802 units (1%) and MoM 166974 units (17%)
SML Mahindra October 2026 Sales – Okay
(Nirmal Bang Retail Research)
Sales came at 1065 vs YoY 1059 units (1%) and MoM 1124 units (-5%)
Tata Motors October 2026 Sales - Marginally below estimate
(Nirmal Bang Retail Research)
Total CV came at 47652 units vs expectation of 48750 units, YoY 37530 units (27%) and MoM 51062 units (-7%)
Tata Motors PV October 2026 Sales - Above estimate
(Nirmal Bang Retail Research)
Total PV came at 75426 units vs expectation of 71300 units, YoY 61295 units (23%) and MoM 70210
November 2, 2026 08:56
MoFSL Coverage
Reliance Industries beat estimates led by refining O2C business (26% ahead of estimates) and JPL business incremental EBITDA came in at 88% lead to earnings estimates raised for FY27 and FY28 by 8% and 10% though retail business EBITDA cut by 5% and New energy value cut down to Rs. 90 from Rs. 170.
Overall built in 11-12% EBITDA CAGR over fy26-28e and on SOTP basis arrive at Target of Rs. 1520.
GE Vernova TND Revenue, EBITDA and PAT (16% beat) were ahead of our estimates. Order inflows ramped up 52% YoY led by ordering ramp-up in domestic markets and GE optimistic about more HVDC order in next one year that lead to marginally raised estimates by 7% and 1% for FY27 and FY28 and valuing 58x on December 2028 nos.
Dixon:
Revenue 6% ahead and Profit 16% ahead of estimates lead to 7% and 2% EPS estimates raised for FY27 and FY28.
Despite some delay seen in Vivo JV ramp up, revenue will get the benefit of price increases (memory chip price up 35-40% which passed on). Dixon is expecting good ramp up in FY28 from higher export, Vivo ramp up, new client addition. Stock has corrected and is at attractive valuations now at 42x and 29x on fy27 and FY28.
Maintain BUY with Target of Rs. 15900.
Navin Fluorine (Neutral)
EPS raised: FY27E +8% to Rs. 200, FY28E +10% to Rs. 236.
Valuing 40x on fy28e to arrive at Target of Rs 9460.
* Big beat: Rev +57%, EBITDA +66%, PAT +81% YoY. PAT was 24% above estimate.
* EBITDA margin steady at 34%. FY27 guided in the same range as H1.
* Growth visibility through FY28: Solstice HFO contract extended to 2032 ($590m) up by $180 mln , R32 capacity starts end-3Q, CDMO cGMP4 Ph2 by end-4Q.
* New option: advanced materials (data centres, semis, defence), 10–15% of revenue by 2030. Chemours project slipped to end-3Q.
Vew: Great execution, but fully priced. Better to add on dips than chase.
Muthoot finance strong nos on all front Net total income (12% beat) , PPOP (27% beat ) , Opex (5% lower than estimates ) lead to PAT Beat of 17% and even Management raised AUM growth guidance to 25% from 15% earlier lead to estimates raised by 15% and 8% for FY27 and FY28 to factor in sharp NIM expansion and strong loan growth in 2Q and
Now we built in 23% AUM and 17% PAT CAGR over fy26-28e.
Credit cost sharply increased to 114 bps vs 36 bps last year due to change in regulations from RBI with regard to LTV and monthly/ periodic interest servicing structure.
Competition intensity is very high and many AAA and AA rated NBFC put pressure on yields that lead to market share losses risk. We Reiterate our Neutral Rating on stock with Target of Rs.2550 valuing 1.5x sept 2028E.
Mtar Tech stellar performance continue across fuel cells division and Aerospace. Even order inflows strong at Rs. 1240 crores grew by 4.6x taking total order book to 5980 crores.
Raised estimates by 8%.and 9% and valuing company at 55x on fy28e to arrive at Target of Rs. 9000.
Motherson Sumi wiring
raised our earnings estimates by 31%/17% for FY27/FY28 on back of stronger than expected Revenue (16% beat and margin (120 bps beat at 9.2%) and PAT beat by 41%...overall we built in 21% CAGR over fy26-28e across Revenue/EBITDA and PAT and valuing 32x on fy28e to arrive at Target of Rs. 45 which provide 30% potential upside.
BEL strong growth 20% pat
Margin at 28%
Auto Sales strong
2w tvs 28%, hero 16% , RE up 9%
PV sales
Maruti 25%
Hyundai 18%
MNM up 9%
Tamo 23%
Cv sales
Tamo 27%
Force motors 45%
VECV 35%
SML Mah 1%
Tractors
M&M - 12%
Escorts - 10%
November 2, 2026 08:55
Bitcoin, Ethereum rise as Binance restores withdrawals in phases; crypto market gains remain mixed
Purvang Mashru, Lead Analyst, BitDelta India
Bitcoin rose 1.10% to about $78,387, while Ethereum gained 1.25% to $2,290. Seven of the top 10 cryptos advanced, with an average gain of 0.50%. Gains extended beyond the two largest assets, although performance remained uneven.
Binance reported that it began restoring withdrawals in phases and approximately 95% of the affected amount had been replenished. This reopening restores access for some customers, while remaining asset purchases and network checks keep the recovery process ongoing.
BNB gained 1.64% and TRON rose 1.36%, while XRP added 0.44%. Solana slipped 0.44% to $95.08, despite recovering from its daily low of $93.08. The divergence shows that broader gains have not extended uniformly across the market.
Bitcoin traded between $77,504 and $78,514 and finished near the upper end of that range. Ether also held close to its daily high of $2,295. Both retained much of their intraday strength, while Solana’s recovery from its low still left it lower over the day.
On the macro calendar, the October US employment report is due on 6 November at 7:00 PM IST. Hiring and unemployment figures will provide fresh information for assessing monetary policy.
Bitcoin’s support reference is near $77,504, with resistance around $78,514. These describe recent price action without long or short view
November 2, 2026 08:54
Global bits
South Korea: President Lee announced aggressive AI investments in the proposed record 2027 budget to boost economic growth; October exports nearly doubled on strong AI-driven semiconductor demand, while factory growth slowed to an 8-month low.
China: Factory activity contracted for the third time in four months in October, while private PMI indicated slowing growth; the central bank shifted towards overnight rates to reduce funding costs, and major banks reported 6–11% profit growth.
Japan: Manufacturing growth slowed to a 7-month low in October amid rising input costs and weaker orders; Tokyo core inflation remained above the BOJ’s 2% target, increasing expectations of rate hikes.
India: Forex reserves declined for the seventh consecutive week to $719.75 billion, while the Rupee recorded its best monthly gain in eight months.
Taiwan: MediaTek expects AI demand growth to continue, supporting the semiconductor industry’s growth outlook.
Singapore: Temasek-owned Mapletree Investments is reportedly considering an IPO as early as 2027, potentially strengthening Singapore’s capital markets.
Hong Kong: AIA Group reported a 5% decline in third-quarter new business value, indicating moderation in insurance business growth.
United States: Technology stocks faced selling pressure amid concerns over heavy AI investment and uncertain returns; global equities declined while US bonds gained.
Europe / Bulgaria & Monaco: FATF removed Bulgaria, Monaco and Ivory Coast, along with DR Congo, from its financial crime grey list, while Vietnam remained under scrutiny.
Source: Reuters
November 2, 2026 08:54
Rupee's surprise Friday recovery faces test from weak peers, fragile risk
Rupee's surprise Friday recovery faces test from weak peers, fragile risk
Rupee's fragile Friday rebound faces pressure as Asian peers decline and risk mood dims, with flat Monday opens expected.
November 2, 2026 08:54
India bonds poised to gain as oil slips; US midterms in focus
Indian government bonds likely to open firmer on Monday as oil slips, US midterm elections in focus
India bonds may firm as oil slips, with US elections in focus and liquidity tightness shaping yields around 7.35%-7.39% for the 2036 bond.
November 2, 2026 08:53
Stock selloff eases in Asian trade, oil declines: Markets wrap
Stock selloff eases in Asian trade, oil declines: Markets wrap
Brent crude fell 1.5% to about $111.71 a barrel following reports that Trump wants to give diplomacy more time before deciding whether to resume strikes on Iran following Tuesday’s midterm elections
November 2, 2026 08:22
Apollo Micro Systems deposits ₹986.35 crore for Premier Explosives open offer
Apollo Micro Systems Ltd has deposited ₹986.35 crore into a special escrow account with State Bank of India towards its open offer to acquire 1.397 crore shares, or 26 per cent, of Premier Explosives Ltd. The offer, which opened on October 12 and closed on October 26, 2026, was oversubscribed by 1.41 per cent. The acquisition follows a share purchase agreement signed on July 9, 2026.
November 2, 2026 08:21
Hikal signs multi-year global CDMO contract with European agrochemical company
Hikal Ltd has signed a multi-year contract with a Europe-based global agrochemical company to supply a specialised product to markets worldwide. The agreement covers contract development and manufacturing (CDMO), following successful process development and scale-up by Hikal’s Crop Protection division. Commercial launch is expected towards the end of FY27, with volumes set to increase progressively as regulatory approvals are secured across global markets.
November 2, 2026 08:03
Bitcoin and Ether stage modest recovery after sell-off; market remains cautious ahead of US midterm elections
Nischal Shetty, Founder, WazirX
“Bitcoin traded near $78,482, while Ether hovered around $2,292, as cryptocurrencies staged a modest recovery following last week’s sell-off. Both remained lower over seven days, with Bitcoin down 1.39% and Ether declining 0.75%. Total cryptocurrency market capitalisation stood near $2.63 trillion.
The broader backdrop remained cautious ahead of Tuesday’s US midterm elections, October US jobs data and several central bank decisions. The US market showed the Nasdaq down 2.86%, the S&P 500 declining 1.82% and the Dow falling 1.09%. The VIX rose 12.91% to 19.42, signalling increased demand for protection against market swings.
Asian equities showed greater resilience. The Nikkei gained 0.12%, while the Shanghai Composite and Sensex each advanced 0.42%. South Korea’s KOSPI rose 1.21%.
Derivative exposure remained substantial. CoinMarketCap’s dashboard showed approximately $291.31 billion in perpetual open interest and $1.18 billion in dated futures open interest. Crypto’s recovery remains tentative, with election developments, economic data and confidence in exchange security likely to shape near-term sentiment.
Retail investors should prioritise capital preservation ahead of the US elections, avoid chasing the rebound and stagger any planned spot purchases within an affordable risk budget. For experienced futures traders, considering BTC longs only after a sustained move above $80,000 and a successful retest would be viable; a break below $77,000 followed by a failed recovery could favour shorts. For ETH, sustained trading above $2,300 followed by a successful retest could support a long setup, while a break below $2,200 and a failed recovery could favour short positions.”
November 2, 2026 08:02
EQUITY PREVIEW
Aarti Industries (ARTO): 2Q Net Income +58% Y/y to INR1.68b, Beats Estimates
Aditya Birla Lifestyle Brands (ABLBL IN): 2Q profit more than doubled to INR530.5m
Affle 3i (AFFLE): 2Q Net Income +18% Y/y to INR1.3b, Meets Estimates (1)
Ashoka Buildcon (ASBL): To mull fundrising via NCDs issuance on Nov. 5
Banswara Syntex (BWSL): Reports fir at Thermopac unit in Banswara, no casualties
BrainBees Solutions (FIRSTCRY): Says unit Globalbees buys additional 14.23% stake in JW brands for INR186.8m
Central Depository (CDSL): 2Q Net Income +24% Y/y to INR1.74b, Beats Estimates
Coal India (COAL): Oct. Sales +19% Y/y to 70.3 million tons
Coal India Oct. Auction Sales Premium Jumps to 140%: Filing
Eicher Motors (EIM): Oct. Sales +7%
Escorts Kubota (ESCORTS): Oct. Vehicle Sales 16,921 Units Vs. 18,798 Y/y
Eveready Industries (EVRIN): 2Q Net Income 319.2M Rupees vs. loss 79.1m (1)
Finolex Industries (FNXP): 2Q Net Income +2.5% Y/y to INR1.22b, Misses Estimates (1)
Granules India (GRAN): Gets US FDA Form 483 With 11 Observations: Filing
Hyundai Motor India (HYUNDAI): Oct. Total Sales +17.7% to 82,299 Units
IDBI Bank (IDBI): Says Workers Plan To Strike on Nov. 2-3
Indian Oil Corp (IOCL): 2Q Net Income INR216.3b vs. 76.1b Y/y, Beats Estimates (2)
Indraprastha Gas (IGL): 2Q Net Income -93% Y/y to INR243.8m, Misses Estimates
Jio Platforms (JPL): 2Q Net Income Rises 14% Y/y to INR83.9b (1)
Larsen & Toubro (LT): Business Transfer pact with Vyoma.AI Limited (Vyoma) deal completion extends to March 31
LIC Housing (LICHF): 2Q Net Income +12% Y/y to INR15.09b, Beats Estimates (1)
Mahindra & Mahindra (MM): Oct. Automotive Sales 131,109 Units Vs. 120,142 Y/y
Maruti Suzuki (MSIL): Maruti Suzuki Oct. Total Sales 276,120 Units Vs. 220,894 Y/y
Muthoot Finance (MUTH): 2Q Net Income +27% Y/y to INR29.8b, Beats Estimates (1)
NTPC (NTPC):
Phoenix Mills (PHNX): 2Q Net Income +7.2% Y/y to INR3.26b, Matches Estimates (1)
Quess Corp (QUESS): 2Q Net Income +45% Y/y to INR746.7m, Beats Estimates (1)
Reliance Industries (RELIANCE): 2Q Net Income +41% Y/y to INR255.5b, Beats Est. (4)
Approves 150 billion-rupee bond sale plan
SML Mahindra (SMLMAH): Oct. total sales rise 1% Y/y to 1,065 units
Sudarshan Pharma (SUDARSHA): To raise up to INR720m via warrants
Tata Motors (TMCV): Says unit has acquired 89.42% equity stake in Iveco Group N.V.
Tata Motors Oct. Vehicle Sales 47,652 Units Vs. 37,530 Y/y
Tata Motors PV (TMPV): Oct. Vehicle Sales 75,426 Units Vs. 61,295 Y/y
TVS Motor (TVSL): Oct. Vehicle Sales 700,134 Units Vs. 543,557 Y/y
November 2, 2026 08:02
EARNINGS (net income adj. ests. in INR where available)
* Amara Raja Energy & Mobility (ARENM IN) 2Q 2.12b (8 analysts)
* Amara Raja to Report Results; Shares Down 23.9% YTD: Preview
* Arvind Fashions Ltd. (ARVINDFA IN) 2Q 531m (5)
* Carborundum Universal Ltd. (CU IN) 2Q 865m (4)
* Choice International Ltd. (CFIS IN) 2Q
* Container Corp. Of India (CCRI IN) 2Q 3.51b (8)
* Devyani International Ltd. (DEVYANI IN) 2Q 99.4m loss (11)
* DOMS Industries Ltd. (DOMS IN) 2Q 483m (8)
* Escorts Kubota Ltd. (ESCORTS IN) 2Q 3.24b (11)
* Fine Organic Industries Ltd. (FINEORG IN) 2Q 1.19b (8)
* Granules India Ltd. (GRAN IN) 2Q 1.99b (4)
* Gujarat Narmada Valley Fertilizers (GNFC IN) 2Q
* ITC Ltd. (ITC IN) 2Q 41.3b (22)
* KEC International Ltd. (KECI IN) 2Q 1.26b (21)
* Marico Ltd. (MRCO IN) 2Q 5.34b (30)
* NLC India Ltd. (NLC IN) 2Q 7.09b (2)
* National Aluminium Co. (NACL IN) 2Q 18.5b (11)
* PCBL Chemical Ltd. (PCBL IN) 2Q 1.05b (7)
* Petronet LNG Ltd. (PLNG IN) 2Q 11b (19)
* Tata Investment Corp. (TATAINVE IN) 2Q
* TBO Tek Ltd. (TBOTEK IN) 2Q 893m (10)
* Trident Ltd/India (TRID IN) 2Q
* UPL Ltd. (UPLL IN) 2Q 4.62b (9)
* Wockhardt Ltd. (WPL IN) 2Q
November 2, 2026 08:01
Crude Check: Rally may take a breather
Crude Check: Rally may take a breather
Oil prices stayed largely muted with Brent and MCX futures trading sideways, signaling a cautious, range-bound outlook ahead.
November 2, 2026 08:00
Bullion Cues: Supports face a test
Bullion Cues: Supports face a test
Bears deepen as gold and silver slide; key supports tested with potential further declines and limited recovery signals.
November 2, 2026 08:00
Small-cap sell off intensifies as MTF funded positions unwind
Small-cap sell off intensifies as MTF funded positions unwind
Average MTF book declines to ₹1.51 lakh crore in October as traders reduce leverage amid earnings concerns and rising rates
November 2, 2026 08:00
Movers & Shakers: Stocks that will see action this week
Movers & Shakers: Stocks that will see action this week
Movers & Shakers: Chart-based insights on L&T Technology Services, Bank of Maharashtra, and Power Grid, with potential targets and risks.
November 2, 2026 07:59
Index Outlook: Indices hold firm
Index Outlook: Indices hold firm
Positive bias across Nifty, Sensex, and sector indices with a path to higher levels, supported by strong FPIs and key resistance targets.
November 2, 2026 07:57
India likely to meet FY27 fiscal deficit target of 4.3% despite energy price risks
India likely to meet FY27 fiscal deficit target despite spending pressures
India is likely to meet its FY27 fiscal deficit target of 4.3% of GDP, supported by strong corporate tax collections despite higher energy price risks.
November 2, 2026 07:50
Carlsberg, Pernod Ricard & Coca-Cola prepare to tap capital markets through IPOs
Carlsberg, Pernod Ricard & Coca-Cola prepare to tap capital markets through IPOs
Global beverage giants Carlsberg, Pernod Ricard, and Coca-Cola advance India IPO plans, moving from DRHP filings to board-ready preparations.
November 2, 2026 07:50
India can become the world’s start-up IPO hub; 25–30 AI unicorns by 2030: Peak XV’s Rajan Anandan
India can become the world’s start-up IPO hub; 25–30 AI unicorns by 2030: Peak XV’s Rajan Anandan
India could become the world’s startup IPO hub, with 25–30 AI unicorns by 2030, as govt support and deep tech growth accelerate.
November 2, 2026 07:45
Trump says he may become ‘Mr. Veto’ if Democrats win US midterm elections
Trump may become ‘Mr. Veto’ if Democrats win US midterm elections
Donald Trump says he may become ‘Mr. Veto’ if Democrats win the US midterms, raising the prospect of veto battles and negotiations with Congress.
November 2, 2026 07:32
Top 5 technical indicators for today’s trade
- Positive momentum: Nifty is up 1.04 per cent at 23,293, with a favourable advances/declines ratio of 36:14.
- Key resistance: 23,330; a decisive breakout could trigger a rally towards 23,600.
- Downside levels: Failure to breach 23,330 could drag Nifty to 23,200–23,150.
- Futures outlook: November Futures remain bullish above 23,320, with an upside target of 23,620.
- Trading strategy: Go long at 23,380; accumulate at 23,340. Maintain a stop-loss at 23,280 and book profits at 23,580.
November 2, 2026 07:29
Nifty likely to open 200 points higher as Reliance results, auto sales lift sentiment
Nifty outlook: 200-point opening gain, Reliance results and FII activity in focus
Gift Nifty signals a 200-point Nifty opening gain as Reliance results, auto sales and GST collections lift sentiment; crude oil and US polls remain in focus.
November 2, 2026 07:15
Neogen Chemicals Q2 revenue rises 42% to ₹296 crore; EBITDA jumps 51%
Neogen Chemicals reported a 42 per cent year-on-year increase in consolidated revenue to ₹296 crore in Q2 FY27, driven by volume growth across core segments and the scale-up of Neogen Ionics. EBITDA rose 51 per cent to ₹45 crore, while profit after tax surged 144 per cent to ₹8 crore. The company said growth came despite geopolitical tensions, supply chain disruptions and higher feedstock costs.
November 2, 2026 07:14
Medi Assist H1 FY27 EBITDA rises 19% to ₹97.2 crore; margins expand to 20.3%
Medi Assist Healthcare Services reported a 19 per cent year-on-year increase in operating EBITDA to ₹97.2 crore in H1 FY27, while operating revenue grew 13 per cent to ₹478 crore. EBITDA margin expanded 103 basis points to 20.3 per cent, supported by technology-led growth and Paramount integration. Profit before tax rose 47 per cent, while profit after tax increased 59.5 per cent. Total premiums under management reached ₹24,752 crore.
November 2, 2026 07:08
Stocks to watch today: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more
Stocks to watch today, November 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more
Latest market movers: Vodafone stake clearance, NCC orders, Affle-Perion deal, SEBI actions, renewables, healthcare expansions and major corporate updates.
November 2, 2026 06:57
Oil prices fall over 1% as Iran-Qatar talks raise hopes of diplomatic progress
Oil prices fall over 1% as Iran-Qatar talks continue
Oil prices fall over 1% as Iran-Qatar talks continue, while Strait of Hormuz disruptions and geopolitical risks keep Brent crude elevated.
November 2, 2026 06:57
Oil prices fall over 1% as Iran-Qatar talks raise hopes of diplomatic progress
Oil prices fall over 1% as Iran-Qatar talks continue
Oil prices fall over 1% as Iran-Qatar talks continue, while Strait of Hormuz disruptions and geopolitical risks keep Brent crude elevated.
November 2, 2026 06:53
WATCH: Nifty and Nifty Bank Prediction for the week Nov 2-6, 2026 by BL GURU
November 2, 2026 06:52
WATCH: Today's stock recommendation
November 2, 2026 06:52
WATCH: Nifty & Bank Nifty இந்த வாரம் (02 Nov’26 to 06 Nov’26) என்ன ஆகும்? எங்கு செல்லும்?
November 2, 2026 06:51
PNGS Reva Diamond Jewellery Ltd – NEW STORE OPENING
Company opens exclusive brand store in Pune on October 30, 2026:
- New Exclusive Brand Store (EBO) opened at Flow Bavdhan, Pune
- Total Exclusive Brand Stores (EBO) now stands at 6
- Total SIS stores with P. N. Gadgil & Sons Limited stands at 34
November 2, 2026 06:50
PB FINTECH Q2FY27
REVENUE 2,178.00 CR VS 1,614.00 CR
(+34.94% YOY┃+15.36% QOQ)
EBITDA 166.00 CR VS 98.00 CR
(+69.39% YOY┃+19.42% QOQ)
EBITDA MARGIN 7.60% VS 6.10% YOY & 7.40% QOQ
PAT 192.00 CR VS 135.00 CR
(+42.22% YOY┃+17.79% QOQ)
EPS 4.16 VS 2.94
(+41.50% YOY┃+17.85% QOQ)
November 2, 2026 06:50
NARAYANA HRUDAYALAYA Q2FY27
REVENUE 2,844.00 CR VS 1,644.00 CR
(+72.99% YOY┃+5.96% QOQ)
EBITDA 554.00 CR VS 403.00 CR
(+37.47% YOY)
EBITDA MARGIN 19.50% VS 24.50% YOY
PAT 301.00 CR VS 258.00 CR
(+16.67% YOY┃+45.41% QOQ)
EPS 14.82 VS 12.71
(+16.60% YOY┃+45.29% QOQ)
November 2, 2026 06:50
IOL Chemicals & Pharmaceuticals — Q2FY27 Results
Revenue ₹795.03 Cr vs ₹567.53 Cr
(+40.09% YoY┃+5.13% QoQ)
EBITDA ₹109.42 Cr vs ₹57.08 Cr
(+91.70% YoY┃+5.73% QoQ)
EBITDA Margin 13.76% vs 10.06% YoY & 13.68% QoQ
PBT ₹87.29 Cr vs ₹40.49 Cr
(+115.58% YoY┃+0.69% QoQ)
PAT ₹65.07 Cr vs ₹29.97 Cr
(+117.12% YoY┃+1.04% QoQ)
November 2, 2026 06:50
Muthoot Finance – Q2FY27 – Gold has shined for them, management ups growth guidance for FY27 to 25% from 15% earlier
Business momentum:
AUM at Rs187810 cr, up 41.95% YOY & 9.2% QOQ
Gold AUM at Rs178956cr, up 43.3% YOY & 9.6% QOQ
Other AUM at Rs8854cr, up 19.85% YOY & 1.1% QOQ
Gold loans per branch at Rs34 cr, up 34.9% YOY & 4.7% QOQ
Gold price per gram at Rs13547, up 28.2% YOY & 4.7% QOQ
P&L momentum:
Net interest income at Rs5365 cr, up 34.4% YOY & 23% QOQ
Yield expanded massively, as interest income is up 16.3% QOQ
Opex at Rs969.8 cr, up 9.9% YOY & down 1.4% QOQ
Operating profits at Rs4507.4 cr, up 38.85% YOY & 29.75% QOQ
Provisions up 443.3% YOY & 909.1% QOQ
PAT at Rs2976.6cr, up 26.9% YOY & 16.7% QOQ
Key ratios:
CRAR at 19.8% vs 20.9% YOY & 20.3% QOQ
NIM at 11.93% vs 12.66% YOY & vs 10.41% QOQ
Cost to income ratio at 17.7% vs 21.4% YOY & vs 22.1% QOQ
ROA at 6.62% vs 7.44% YOY & 6.09% QOQ
ROE at 29.4% vs 30.6% YOY & vs 26.6% QOQ
Asset quality – QOQ – Massive deterioration
GNPA at Rs7267.9cr vs Rs3926.5cr, up 85,1%
Calculated NNPA at Rs5090.3cr vs Rs135.5cr, up 135.5%
GNPA ratio at 3.87% vs 2.28%
NNPA ratio at 2.71% vs 1.25%
Calculated provision coverage ratio at 30% vs 45%
November 2, 2026 06:49
NSDL — Q2FY27 Results
Revenue ₹545.89 Cr vs ₹400.04 Cr
(+36.46% YoY┃+5.67% QoQ)
EBITDA ₹142.30 Cr vs ₹127.94 Cr
(+11.23% YoY┃+40.95% QoQ)
EBITDA Margin 26.07% vs 31.98% YoY & 19.54% QoQ
PBT ₹161.92 Cr vs ₹146.19 Cr
(+10.76% YoY┃+25.67% QoQ)
PAT ₹122.45 Cr vs ₹110.39 Cr
(+10.93% YoY┃+24.57% QoQ)
PAT After Minority interest ₹122.22 Cr vs ₹110.39 Cr
(+10.72% YoY┃+24.48% QoQ)
Other Income ₹36.68 Cr vs ₹32.18 Cr YoY & ₹43.87 Cr QoQ
November 2, 2026 06:49
ALL-TIME HIGH BREAKOUT ALERT
10 Stocks Closed at Fresh Lifetime Highs Yesterday
💠Coforge
💠Laurus Labs
💠Ather Energy
💠Krishna Phoschem
💠Kotak Mahindra Bank
💠SMS Pharmaceuticals
💠Shree Pushkar Chemicals
💠Sona BLW Precision Forgings
💠Madhya Bharat Agro Products
💠Ratnaveer Precision Engineering
November 2, 2026 06:49
Aarti Industries Ltd. | CMP Rs. 435 | M Cap Rs. 15796 Cr | 52 W H/L 551/338
(Nirmal Bang Retail Research)
Volume grew by over 30% with robust export demand.
Result is ahead of expectations. Margin decline with increase in RM prices and same pass through to customer, revenue grew by 75% yoy
Revenue from Operations came at Rs. 3668 Cr (53.7% QoQ, 74.6% YoY) vs expectation of Rs. 2487.3 Cr, QoQ Rs. 2387 Cr, YoY Rs. 2101 Cr
EBIDTA came at Rs. 423 Cr (25.9% QoQ, 37.8% YoY) vs expectation of Rs. 354.4 Cr, QoQ Rs. 336 Cr, YoY Rs. 307 Cr
EBITDA Margin came at 11.5% vs expectation of 14.2%, QoQ 14.1%, YoY 14.6%
Adj. PAT came at Rs. 168 Cr vs expectation of Rs. 128.5 Cr, QoQ Rs. 153 Cr, YoY Rs. 85 Cr
Quarter EPS is Rs. 4.6
Stock is trading at P/E of 21.5x FY28E EPS
November 2, 2026 06:49
Motherson Sumi Wiring India Ltd. | CMP Rs. 35 | M Cap Rs. 23304 Cr | 52 W H/L 53.59/32.7
(Nirmal Bang Retail Research)
Result is above expectations
Revenue from Operations came at Rs. 4041.1 Cr (18.6% QoQ, 46.3% YoY) vs expectation of Rs. 3619.6 Cr, QoQ Rs. 3407.3 Cr, YoY Rs. 2761.9 Cr
EBIDTA came at Rs. 373.6 Cr (44.7% QoQ, 33.6% YoY) vs expectation of Rs. 313.4 Cr, QoQ Rs. 258.3 Cr, YoY Rs. 279.7 Cr
EBITDA Margin came at 9.2% vs expectation of 8.7%, QoQ 7.6%, YoY 10.1%
Adj. PAT came at Rs. 223.4 Cr vs expectation of Rs. 184.5 Cr, QoQ Rs. 145.3 Cr, YoY Rs. 165.3 Cr
Quarter EPS is Rs. 0.3
Stock is trading at P/E of 34x TTM EPS
November 2, 2026 06:48
LIC Housing Finance Ltd. -S | CMP Rs. 495 | M Cap Rs. 27214 Cr | 52 W H/L 598.2/458.9
(Nirmal Bang Retail Research)
Result is in line with expectations
NII came at Rs. 2158.4 Cr (4.7% YoY), YoY Rs. 2061.1 Cr, QoQ Rs. 2103.8 Cr
PBP came at Rs. 1833.4 Cr (3.2% YoY) vs expectation of Rs. 1809.5 Cr, YoY Rs. 1776.9 Cr, QoQ Rs. 1724.2 Cr
Provision came at Rs. -92.6 Cr vs expectation of Rs. -40 Cr, YoY Rs. 72 Cr, QoQ Rs. -164.2 Cr
PAT came at Rs. 1508.8 Cr (11.4% YoY) vs expectation of Rs. 1375.9 Cr, YoY Rs. 1354.1 Cr, QoQ Rs. 1488.3 Cr
Loan Book came at Rs. 326173 Cr (+5%YoY, +1%QoQ) vs YoY Rs. 311816 Cr, QoQ Rs. 322098 Cr
Disbursement came at Rs. 18127 (+11%YoY, +21%QoQ) Cr vs YoY Rs. 16313 Cr, QoQ Rs. 15014 Cr
Gross NPA (%) came at 2.1% vs QoQ 2.1%
Net NPA (%) came at 1.1% vs QoQ 1.1%
Quarter EPS is Rs. 27.4
Stock is trading at 0.6x trailing P/BV
November 2, 2026 06:48
Bank of Baroda Ltd. | CMP Rs. 239 | M Cap Rs. 123337 Cr | 52 W H/L 325.5/223.82
(Nirmal Bang Retail Research)
Result is above expectations
Advances came at Rs. 1491038 Cr (+18% YoY, +6.8% QoQ)
Net Interest Income came at Rs. 13026 Cr (9% YoY) vs expectation of Rs. 12715 Cr, YoY Rs. 11954 Cr, QoQ Rs. 12525 Cr
NIM came at 2.74% vs QoQ 2.77%
Non-Interest Income came at Rs. 6881 Cr, YoY Rs. 3515 Cr, QoQ Rs. 3470 Cr
PBP came at Rs. 11430 Cr (50.9% YoY) vs. expectation of Rs. 8359 Cr, YoY Rs. 7576 Cr, QoQ Rs. 8127 Cr
Provisions came at Rs. 2382 Cr vs expectation of Rs. 1602 Cr, YoY Rs. 1232 Cr, QoQ Rs. 643 Cr
Credit Cost came at 0.6% vs QoQ 0.2% & YoY 0.4%
Adj. PAT came at Rs. 6532 Cr (35.8% YoY) vs expectation of Rs. 5225 Cr, YoY Rs. 4809 Cr, QoQ Rs. 1278 Cr
Gross NPA came at Rs. 26897 Cr vs QoQ Rs. 28150 Cr at 1.78% vs QoQ 1.99%
Net NPA came at Rs. 5520 Cr vs QoQ Rs. 7017 Cr at 0.37% vs QoQ 0.5%
Slippages came at Rs. 2847 Cr vs QoQ Rs. 3422 Cr at 0.76% vs QoQ 0.98%
ROA came at 1.3% vs QoQ 0.3% & YoY 1.1%
Quarter EPS is Rs. 13
Stock is trading at 0.8x trailing P/Adj. BV
November 2, 2026 06:48
Lodha Developers Ltd. | CMP Rs. 1039 | M Cap Rs. 103792 Cr | 52 W H/L 1344/651
(Nirmal Bang Retail Research)
Result is marginally above expectations
Pre-sales (in Rs. crores) came at 5040, YOY 4560, QOQ 4630
Revenue from Operations came at Rs. 4467.4 Cr (-10.6% QoQ, 17.6% YoY) vs expectation of Rs. 4760.4 Cr, QoQ Rs. 4996.7 Cr, YoY Rs. 3798.5 Cr
EBIDTA came at Rs. 1488.3 Cr (-22.6% QoQ, 34.2% YoY) vs expectation of Rs. 1451.1 Cr, QoQ Rs. 1922.4 Cr, YoY Rs. 1108.8 Cr
EBITDA Margin came at 33.3% vs expectation of 30.5%, QoQ 38.5%, YoY 29.2%
Adj. PAT came at Rs. 1013 Cr vs expectation of Rs. 969.6 Cr, QoQ Rs. 1372.1 Cr, YoY Rs. 788.7 Cr
Quarter EPS is Rs. 10.1
Stock is trading at P/E of 20.8x FY28E EPS
November 2, 2026 06:48
Indraprastha Gas Ltd. | CMP Rs. 139 | M Cap Rs. 19481 Cr | 52 W H/L 219/137
(Nirmal Bang Retail Research)
Result is below expectations
Revenue from Operations came at Rs. 5116.2 Cr (11.6% QoQ, 27.2% YoY) vs expectation of Rs. 4868.6 Cr, QoQ Rs. 4583.4 Cr, YoY Rs. 4023.3 Cr
EBIDTA came at Rs. -31.1 Cr (-110.5% QoQ, -107% YoY) vs expectation of Rs. 336.7 Cr, QoQ Rs. 295.5 Cr, YoY Rs. 442.8 Cr
EBITDA Margin came at -0.6% vs expectation of 6.9%, QoQ 6.4%, YoY 11%
Adj. PAT came at Rs. 24.4 Cr vs expectation of Rs. 250.6 Cr, QoQ Rs. 186.2 Cr, YoY Rs. 372.5 Cr
Quarter EPS is Rs. 0.2
Stock is trading at P/E of 10.1x FY28E EPS
November 2, 2026 06:48
The Phoenix Mills Ltd. | CMP Rs. 1943 | M Cap Rs. 69513 Cr | 52 W H/L 2169/1465
(Nirmal Bang Retail Research)
Result is broadly in-line with expectations
Pre-sales (in Rs. crores) came at 84, YOY 139, QOQ 64
Revenue from Operations came at Rs. 1152.8 Cr (7.2% QoQ, 3.4% YoY) vs expectation of Rs. 1155.6 Cr, QoQ Rs. 1074.9 Cr, YoY Rs. 1115.4 Cr
EBIDTA came at Rs. 710.3 Cr (10.7% QoQ, 6.5% YoY) vs expectation of Rs. 690.9 Cr, QoQ Rs. 641.5 Cr, YoY Rs. 666.9 Cr
EBITDA Margin came at 61.6% vs expectation of 59.8%, QoQ 59.7%, YoY 59.8%
Adj. PAT came at Rs. 325.7 Cr vs expectation of Rs. 339.8 Cr, QoQ Rs. 296.9 Cr, YoY Rs. 304 Cr
Quarter EPS is Rs. 9.1
Stock is trading at P/E of 39.2x FY28E EPS
November 2, 2026 06:47
CORONA Remedies Ltd. | CMP Rs. 2170 | M Cap Rs. 13272 Cr | 52 W H/L 2285/1337
(Nirmal Bang Retail Research)
Result is broadly in-line with expectations
Revenue from Operations came at Rs. 441.2 Cr (4.4% QoQ, 22.2% YoY) vs expectation of Rs. 427.4 Cr, QoQ Rs. 422.4 Cr, YoY Rs. 361.1 Cr
EBIDTA came at Rs. 96 Cr (3% QoQ, 22.3% YoY) vs expectation of Rs. 94.9 Cr, QoQ Rs. 93.1 Cr, YoY Rs. 78.5 Cr
EBITDA Margin came at 21.7% vs expectation of 22.2%, QoQ 22%, YoY 21.7%
Adj. PAT came at Rs. 60.3 Cr vs expectation of Rs. 61.3 Cr, QoQ Rs. 60.1 Cr, YoY Rs. 52.3 Cr
Quarter EPS is Rs. 9.9
Stock is trading at P/E of 41.5x FY28E EPS
November 2, 2026 06:47
Narayana Hrudayalaya Ltd. | CMP Rs. 1720 | M Cap Rs. 35144 Cr | 52 W H/L 2094/1564
(Nirmal Bang Retail Research)
Result is above expectations
Revenue from Operations came at Rs. 2844 Cr (6% QoQ, 73% YoY) vs expectation of Rs. 2814.8 Cr, QoQ Rs. 2683.6 Cr, YoY Rs. 1643.8 Cr
EBIDTA came at Rs. 553.9 Cr (17.9% QoQ, 37.6% YoY) vs expectation of Rs. 526.3 Cr, QoQ Rs. 469.7 Cr, YoY Rs. 402.5 Cr
EBITDA Margin came at 19.5% vs expectation of 18.7%, QoQ 17.5%, YoY 24.5%
Adj. PAT came at Rs. 301 Cr vs expectation of Rs. 248.2 Cr, QoQ Rs. 207.2 Cr, YoY Rs. 258.4 Cr
Quarter EPS is Rs. 14.7
Stock is trading at P/E of 24.8x FY28E EPS
November 2, 2026 06:47
Engineers India Ltd. | CMP Rs. 252 | M Cap Rs. 14144 Cr | 52 W H/L 321/164
(Nirmal Bang Retail Research)
Result is marginally above expectations
Revenue from Operations came at Rs. 802.4 Cr (0.2% QoQ, -10.9% YoY) vs expectation of Rs. 973.1 Cr, QoQ Rs. 800.9 Cr, YoY Rs. 900.4 Cr
EBIDTA came at Rs. 162.9 Cr (37.6% QoQ, 45.2% YoY) vs expectation of Rs. 112.2 Cr, QoQ Rs. 118.4 Cr, YoY Rs. 112.1 Cr
EBITDA Margin came at 20.3% vs expectation of 11.5%, QoQ 14.8%, YoY 12.5%
Adj. PAT came at Rs. 179.8 Cr vs expectation of Rs. 109.8 Cr, QoQ Rs. 108.6 Cr, YoY Rs. 114.9 Cr
Quarter EPS is Rs. 3.2
Stock is trading at P/E of 17.9x FY28E EPS
November 2, 2026 06:47
IndianOilCorp reports its Q2 results
Net Profit At ₹21,630 Cr Vs Loss Of ₹2,661 Cr (QoQ)
Revenue Down 4.6% At ₹2.50 Lk Cr Vs ₹2.62 Lk Cr (QoQ)
EBITDA At ₹30,297 Cr Vs ₹1,947 Cr (QoQ)
Margin At 12% Vs 0.7% (QoQ)
November 2, 2026 06:46
Stock market live: Bulk Deals
* IIFL Capital Services: Theleme Partners sold 0.99% stake worth ₹108.7 Cr.
* Birlasoft: Societe Generale purchased 0.58% stake worth ₹56.31 Cr.
* Interactive Financial Services: 0.76% stake sold by Varsha Chugh.
November 2, 2026 06:46
Q2 results: Strong, mixed and weak performances
STRONG PERFORMANCE
1. Coal India
• Revenue: ₹44,179 Cr (+20.9%)
• Net Profit: ₹6,516 Cr (+53%)
2. Trent
• Revenue: ₹5,873 Cr (+21.9%)
• Net Profit: ₹468 Cr (+25.4%)
3. Godrej Consumer Products
• Revenue: ₹4,413 Cr (+19%)
• Net Profit: ₹523 Cr (+13.8%)
4. Blue Star
• Revenue: ₹2,931 Cr (+21%)
• Net Profit: ₹124 Cr (+25.2%)
5. Garware Technical Fibres
• Revenue: ₹463 Cr (+33%)
• Net Profit: ₹58.6 Cr (+83.4%)
6. CAMS
• Revenue: ₹415 Cr (+10%)
• Net Profit: ₹131.5 Cr (+14.4%)
7. Capital Small Finance Bank
• Revenue: ₹136 Cr (+22%)
• Net Profit: ₹45.6 Cr (+30.7%)
• Gross NPA: 2.36% vs 2.47% QoQ
8. Deepak Nitrite
• Revenue: ₹3,076 Cr (+61.8%)
• Net Profit: ₹398 Cr (+235%)
9. Greenply Industries
• Revenue: ₹800 Cr (+16.1%)
• Net Profit: ₹42.7 Cr (+167.3%)
10. Ram Ratna Wires
• Revenue: ₹1,962 Cr (+68.6%)
• Net Profit: ₹35.7 Cr (+63.7%)
11. Firstsource Solutions
• Revenue: ₹2,826 Cr (+22.2%)
• Net Profit: ₹233 Cr (+29.7%)
12. NOCIL
• Revenue: ₹427 Cr (+33.2%)
• Net Profit: ₹24.05 Cr (+98.4%)
13. Borosil
• Revenue: ₹370 Cr (+7.5%)
• Net Profit: ₹31.9 Cr (+40.5%)
14. Indian Energy Exchange
• Revenue: ₹167 Cr (+8.6%)
• Net Profit: ₹139.2 Cr (+12.9%)
15. Vedanta Power
• Revenue: ₹2,908 Cr (+38.2%)
• Net Profit: ₹83 Cr vs loss of ₹1,689 Cr
16. Vedanta Oil & Gas
• Revenue: ₹2,488 Cr (+6.2%)
• Net Profit: ₹746 Cr vs loss of ₹92 Cr
🟡 MIXED PERFORMANCE
InterGlobe Aviation (IndiGo)
* Revenue: ₹23,364 Cr (+25.9%)
* Net Loss: ₹1,879 Cr vs ₹2,582 Cr
* EBITDAR: ₹2,460 Cr (+121%)
* EBITDAR Margin: 10.5% vs 6%
Brigade Enterprises
* Revenue: ₹1,196 Cr (-13.5%)
* Net Profit: ₹219 Cr (+28.5%)
ICRA
* Revenue: ₹178 Cr (+30.2%)
* Net Profit: ₹52.2 Cr (+9.1%)
MTAR Technologies (QoQ)
* Revenue: ₹407 Cr (+12.8%)
* Net Profit: ₹59.8 Cr (+19.1%)
Strides Pharma
* Revenue: ₹1,430 Cr (+17.1%)
* Net Profit: ₹131 Cr (+2.6%)
🟠 WEAK PERFORMANCE
Suzlon Energy
* Revenue: ₹4,876 Cr (+26%)
* Net Profit: ₹394 Cr (-69.2%)
Thyrocare Technologies
* Revenue: ₹271 Cr (+25.1%)
* Net Profit: ₹15.2 Cr (-68.2%)
📌 OTHER IMPORTANT STOCK NEWS
Sagility
* Promoter likely to sell 12% stake through a block deal.
* Deal size: Approximately ₹2,377 Cr.
* Floor Price: ₹42.45/share.
November 2, 2026 06:44
Stocks in News
Garware technical: Net Profit at Rs 58.6 Cr Vs Rs 31.9 Cr, Revenue at Rs 462.6 Cr Vs Rs 347.9 Cr (YoY) (Positive)
Deepak NTR: Revenue at Rs 3,076 Cr Vs Rs 1,901.9 Cr, Net Profit at Rs 398 Cr Vs Rs 118.7 Cr (YoY) (Positive)
ARCIL: Net Profit at Rs 158.0 Cr Vs Rs 101.0 Cr, Revenue at Rs 278.0 Cr Vs Rs 212.0 Cr (YoY) (Positive)
Sanofi: Net Profit at Rs 117 Cr Vs Rs 76 Cr, Revenue at Rs 492 Cr Vs Rs 475 Cr (YoY) (Positive)
Timken: Net Profit at Rs 116 Cr Vs Rs 89 Cr, Revenue at Rs 969.2 Cr Vs Rs 772.9 Cr YoY (Positive)
Gujarat Alkalies and Chemicals: Company has operationalized 6.6 MW of its 75.9 MW renewable hybrid power project (Positive)
Vedanta Power: Q2 consolidated revenue rose 34.3% YoY to Rs 2,820 Cr, while net profit turned positive at Rs 83 Cr against a loss of Rs 1,690 Cr in Q2FY26. (Positive)
Steamhouse India: Q2 consolidated revenue grew 2.4% YoY to Rs 128 Cr, while EBITDA surged 84.6% to Rs 24 Cr YoY (Positive)
PI Industries: Unveils first insecticide molecule discovered in India. (Positive)
Birlasoft: Societe Generale bought 16.48 lakh shares at Rs 341.78 per share (Positive)
Technocraft: Govind J Gupta bought 2.5 lakh shares at Rs 475.94 per share (Positive)
Westlife Foodworld: Promoter Horizon Impex bought 10.75 lakh shares. (Positive)
Rain Ind: Matruchhaya Mercantile bought 16.59 lakh shares at Rs 208.34 per share (Positive)
GRSE: Govt clears Rs 40,000 crore next-gen corvettes for Indian Navy (Positive)
Afcons Infra: Company secures EPC orders worth Rs 3,469 cr (Positive)
Transport Corp: Adds 500-TEU vessel to expand shipping fleet (Positive)
Moneyview: Plutus Wealth bought 2 lakh shares (Positive)
NTPC Green Energy: Commissioned 95.6 MW at Kalasar Solar Project; total operational capacity at 11,328.69 MW. (Positive)
Alivus Life: Net Profit at Rs 197.0 Cr Vs Rs 130.0 Cr, Revenue at Rs 682.0 Cr Vs Rs 588.0 Cr (YoY) (Positive)
Bharat Parental: Net Profit at Rs 9.4 Cr Vs loss Rs 7.2 Cr, Revenue at Rs 136.0 Cr Vs Rs 64.0 Cr (YoY) (Positive)
AYM Syntex: Net Profit at Rs 15.0 Cr Vs loss Rs 0.4 Cr, Revenue at Rs 451.0 Cr Vs Rs 349.0 Cr (YoY) (Positive)
Silver Touch: Net Profit at Rs 13.0 Cr Vs Rs 7.4 Cr, Revenue at Rs 101.0 Cr Vs Rs 85.0 Cr (YoY) (Positive)
Borosil: Q2 revenue rose 9% YoY to Rs 372 Cr, EBITDA increased 37% to Rs 66.1 Cr and net profit grew 41% to Rs 32.2 Cr. (Positive)
Restaurant Brands Asia: Q2 revenue grew 23% YoY to Rs 700 Cr, EBITDA increased 42% to Rs 110 Cr YoY (Positive)
Bliss GVS Pharma: Q2 revenue rose 30% YoY to Rs 313 Cr, EBITDA increased to Rs 80.6 Cr from Rs 30.8 Cr YoY. (Positive)
Suryoday SFB: Net Profit At Rs 77 Cr Vs Rs 30 Cr, Net Interest Income at Rs 369 Cr Vs Rs 258 Cr (YoY) (Positive)
Milky Mist: Q2 revenue grew 42% YoY to Rs 1,090 Cr, EBITDA rose 60% to Rs 160 Cr and net profit increased to Rs 77.9 Cr from Rs 28.4 Cr YoY (Positive)
NOCIL: Q2 revenue grew 33% YoY to Rs 426 Cr, EBITDA increased 73% to Rs 35.2 Cr and net profit rose 38% to Rs 23.8 Cr. EBITDA margin improved to 8.27% from 6.36% YoY (Positive)
MTAR Technologies: Q2 revenue surged to Rs 400 Cr from Rs 135 Cr YoY, while net profit rose to Rs 59.8 Cr from Rs 4.6 Cr. EBITDA increased to Rs 99.1 Cr and margin expanded to 24.37% from 12.54% YoY. (Positive)
Praj Industries: Q2 revenue remained broadly flat at Rs 849 Cr, while EBITDA rose 64% YoY to Rs 52.5 Cr and net profit increased 20% to Rs 23.1 Cr YoY. (Positive)
Blue Star: Q2 revenue grew 21% YoY to Rs 2,930 Cr and net profit increased 25% to Rs 124 Cr YoY (Positive)
PNG Jewellers: Q2 revenue grew 22% YoY to Rs 2,625 Cr, EBITDA nearly doubled to Rs 204 Cr and net profit increased to Rs 120 Cr from Rs 79.7 Cr YoY. (Positive)
Firstsource Solutions: Q2FY27 revenue rose 22.2% YoY to Rs 2,825.6 Cr, EBIT increased 32.1% to Rs 352.1 Cr with margins expanding 100 bps to 12.5% (Positive)
Trent: Q2FY27 standalone revenue grew 23% YoY to Rs 5,788 Cr, EBITDA increased 37% to Rs 791 Cr and PAT rose 9% to Rs 490 Cr YoY. (Positive)
Greenply Industries: Q2FY27 consolidated revenue grew 16.1% YoY to Rs 799.7 Cr, core EBITDA surged 57.2% to Rs 89.2 Cr and net profit stood at Rs 42.7 Cr YoY (Positive)
InterGlobe Aviation: Q2FY27 total income increased 24% YoY to Rs 24,312 Cr, while net loss narrowed to Rs 1,879 Cr from Rs 2,582 Cr. EBITDA margin improved to 10.5% from 6% YoY. (Positive)
Ashiana Housing: Entered into a joint development agreement for a 4.41-acre senior living project in Gurugram, with an estimated saleable area of 7.25 lakh sq. ft. and sales potential of Rs 1,300 Cr. (Positive)
Motilal Oswal Financial Services: Q2 net profit surged to Rs 1,080.7 Cr from Rs 362.4 Cr YoY, while revenue grew 64.5% to Rs 3,041.6 Cr. (Positive)
Horizon Industries: Q2FY27 revenue rose 29.5% YoY to Rs 215 Cr and EBITDA increased 33.8% to Rs 174 Cr, with margins expanding 200 bps to 80.9%. (Positive)
Bihar Sponge Iron: CFO Sachin resigned effective November 1, 2026, citing evolving organisational priorities. (Neutral)
Godrej Consumer Products: Q2FY27 consolidated sales grew 19% YoY to Rs 2,631 Cr, supported by 8% underlying volume growth, while net profit rose 14% to Rs 523 Cr and EBITDA increased 12%. (Neutral)
NIIT Learning Systems: Q2FY27 revenue increased 11.1% YoY to Rs 528.6 Cr, EBITDA stood at Rs 87.4 Cr with a 16.5% margin (Neutral)
Thyrocare Technologies: Q2FY27 consolidated revenue rose 25.1% YoY to Rs 270.8 Cr and EBITDA increased 24.9% to Rs 89.3 Cr. PAT before exceptional items grew 25.7% to Rs 60.2 Cr (Neutral)
Suzlon Energy: Q2 revenue increased 25% YoY to Rs 4,869 Cr, but net profit declined to Rs 394 Cr from Rs 1,280 Cr and EBITDA margin contracted to 14.78% from 18.62%. (Neutral)
IndoStar Capital Finance: Q2 consolidated revenue rose 7% YoY to Rs 382 Cr and net profit increased 26% to Rs 13.2 Cr. (Neutral)
Indraprastha Medical Corporation: Q2 revenue increased 8% YoY to Rs 412 Cr and net profit rose 8% to Rs 53.5 Cr (Neutral)
KRN Heat Exchanger: Q2 revenue more than doubled YoY to Rs 320 Cr and net profit rose 100% to Rs 36.1 Cr. EBITDA increased to Rs 48.7 Cr (Neutral)
Indian Energy Exchange: Q2 revenue grew 8% YoY to Rs 167 Cr, EBITDA increased 12% to Rs 150 Cr and net profit rose 14% to Rs 140 Cr. (Neutral)
Ram Ratna Wires: Q2 consolidated revenue surged 68.6% YoY to Rs 1,961 Cr, EBITDA rose 60% to Rs 88 Cr and net profit increased 59.1% to Rs 35 Cr (Neutral)
Vedanta Oil & Gas: Q2 net profit declined 21% QoQ to Rs 746 Cr, while revenue fell marginally to Rs 2,488 Cr. EBITDA rose 66% QoQ to Rs 1,351 Cr (Neutral)
CAMS: Q2 revenue increased to Rs 414 Cr from Rs 395 Cr QoQ and net profit rose to Rs 131 Cr from Rs 128 Cr (Neutral)
Strides: Revenue at Rs 1,429.7 Cr Vs Rs 1,220.8 Cr, Net Profit at Rs 131 Cr Vs Rs 127.53 Cr (YoY) (Neutral)
Brigade: Net Profit at Rs 218.8 Cr Vs Rs 170 Cr, Revenue at Rs 1,196.3 Cr Vs Rs 1,383 Cr (YoY). (Neutral)
Coal India: Net Profit at Rs 6,516 Cr Vs Poll Of Rs 6,418 Cr, Revenue at Rs 44,179 Cr Vs Poll Of Rs 41,602 Cr (Neutral)
ICRA: Net Profit at Rs 52.2 Cr Vs Rs 47.8 Cr, Revenue at Rs 177.9 Cr Vs Rs 136.6 Cr (YoY) (Neutral)
Shaily: Net Profit at Rs 61 Cr Vs Rs 51 Cr, Revenue at Rs 319 Cr Vs Rs 256 Cr (YoY) (Neutral)
Archean: Net Profit at Rs 31 Cr Vs Rs 29 Cr, Revenue at Rs 297 Cr Vs Rs 233 Cr (YoY) (Neutral)
EPack: Net loss at Rs 25 Cr Vs Rs 22 Cr, Revenue at Rs 440 Cr Vs Rs 213 Cr (YoY) (Neutral)
DCW: Net Profit at Rs 10.4 crore vs Rs 13.8 crore YoY, Revenue at Rs 663 crore vs Rs 539 crore YoY. (Neutral)
Indegene: Net Profit at Rs 112 Cr Vs Rs 102 Cr, Revenue at Rs 1122 Cr Vs Rs 804 Cr (YoY). (Neutral)
Wipro: Arm acquires 20% stake in FLARRE. AI. (Neutral)
Praj Industries: Company to invest Rs 100 crore in JV with BPCL to set up CBG plants in India. (Neutral)
Lloyds Metals: Board to meet on Nov 3 to consider raising funds via equity, debt, others (Neutral)
Rubicon Research: Form 483 with 3 observations from USFDA for MH plant (Neutral)
Patanjali Foods: Madhya Pradesh food authority bans sale of one cow ghee batch; company says impact limited to affected batch. (Neutral)
List of stocks excluded from ASM Framework: Delta Corp, Pashupati Cotspin, PB Fintech (Neutral)
Paradeep Phosphet: Net Profit at Rs 121 Cr Vs Rs 393 Cr, Revenue at Rs 7,364 Cr Vs Rs 6,872 Cr YoY (Negative)
Thyrocare: Net Profit at Rs 15.9 Cr Vs Rs 48.0 Cr, Revenue at Rs 270 Cr Vs Rs 217 Cr YoY (Negative)
Fino PB: Net loss at Rs 21 Cr Vs profit Rs 15 Cr, Revenue at Rs 39 Cr Vs Rs 32.5 Cr (YoY) (Negative)
Hubtown: Net Profit at Rs 14.0 Cr Vs Rs 24.0 Cr, Revenue at Rs 473 Cr Vs Rs 208 Cr YoY (Negative)
Kalpataru: Net Loss at Rs 64.6 crore vs profit of Rs 5.4 crore, Revenue at Rs 437 crore vs Rs 794 crore YoY (Negative)
RPG Life: Net Profit at Rs 26.6 crore vs Rs 36.9 crore, Revenue at Rs 212 crore vs Rs 182 crore YoY. (Negative)
November 2, 2026 06:43
J.P. Morgan: National Stock Exchange of India | Dominant franchise in a growth market; Initiate at OW
NSE operates the largest Indian exchange with a dominant share (FY26) across cash (93%), index options (72%), single stock derivatives (~100%). While index options market share has declined to ~66% (Sep-26) following BSE’s entry and SEBI-driven regulatory changes, we believe the worst is behind us. We initiate at OW with a Sep-27E PT of Rs2,130, based on 40x Sep-28E core EPS plus NSE’s NSDL stake, implying 19.5% upside. Within Indian capital market infrastructure, we prefer NSE, given its market leadership position, more diversified revenue stream, and higher margins. Potential key catalysts: easing of CAS overhang, market share stabilisation, and continued SIP/retail flows. Key swing factors: Sustained index options ADPTV >Rs510bn in H2FY27E, or a share loss in index options premium to below 62%.
Financials and valuation. We expect the EBITDA margin to trough at 75.3% in FY27 before recovering to 77.1% by FY29, driving APAT to compound at ~14% over FY27–29, with ROE recovering from 32.5% to 34.5%. We value NSE at 40x Sep-28E core EPS plus its NSDL stake to arrive at a market value of Rs5.0tn, or Rs2,130/share — a PEG of ~2.8×, comparable to BSE and in line with regional exchange peers at 2.5-3.0x.
November 2, 2026 06:42
Stock recommendations: IT Services (Sector View: Neutral) - CTSH: Another guidance cut driven by weak demand
CTSH reported reasonable performance in 3QCY26 but cut its revenue growth guidance for CY2026 to 4-4.4% from 4-5.5% earlier. Guidance cut was driven by weaker-than-expected discretionary spending, especially in healthcare and consumer segments. Deal win figures were mixed, showing moderate yoy growth in TCV and a decline in ACV on a ttm basis. CTSH results indicate that the demand environment will continue to be under pressure. Although management sounded optimistic about CY2027 growth prospects, several factors need to fall into place with the path to stronger growth remaining unclear.
November 2, 2026 06:42
Stock recommendations: Acme Solar Holdings (Reco: Add, FV: Rs. 445) - BESS continues to drive the earnings beat
ACME Solar reported 88% yoy growth in 2QFY27 EBITDA to Rs7.5 bn—a third of which came from merchant BESS (nil in 2QFY26), while generation assets saw 25% yoy growth in EBITDA on the back of a 20% yoy increase in generation. ACME has a portfolio of 8.4 GW comprising 3 GW of operational capacity, 4.7 GW with signed PPAs and 670 MW of awarded capacity. Management has raised its March 2027 BESS target to 12 GWh (up from 10 GWh), even as generation capacity addition remains slow due to transmission constraints. BESS will partially offset some earnings loss from these execution delays; valuations at 11.7X EV/EBITDA do not capture the risk of execution slippages to our 48% EBITDA CAGR projection through FY2030. Downgrade to ADD with a revised FV of Rs445 (up from Rs400).
November 2, 2026 06:42
Stock recommendations: United Spirits (Reco: Add, FV: Rs. 1510) - Headwinds fading, tailwinds building; upgrade to BUY
UNSP’s revenue growth over the past four quarters has been weighed down by adverse regulatory policy in Maharashtra. As this headwind anniversarises, we expect P&A value growth to return to a double-digit growth trajectory. Beyond the base effect, several growth and premiumization drivers are converging: (1) Ongoing UK FTA implementation, (2) favorable policy changes in Karnataka, (3) sustained momentum in Smirnoff, (4) likely regulatory tailwinds in Tamil Nadu, (5) a potential revival of the recently relaunched McD No.1 and (6) a robust innovation pipeline. We maintain FY2028-29E EPS, roll over and revise FV to Rs1,510 (Rs1,550 earlier) based on 42X Dec 2028E PE (44X). We upgrade the stock to BUY from ADD.
November 2, 2026 06:42
Stock recommendations: Trent (Reco: Add, FV: Rs.3375) - Healthy growth, resilient margins; upgrade to ADD
Trent’s 2QFY27 standalone revenue grew 23% yoy, as indicated in the earlier reported print, ahead of our estimate. EBITDA margin of 18.2% was up by 100 bps yoy, driven by a solid 120 bps yoy GM expansion. Management indicated that consumer demand is broadly positive and it has taken mitigating measures to offset input cost pressures. We raise our FY2027-29 revenue estimates by ~1% and increase our gross margin assumptions, resulting in EPS upgrades of ~3-7%. This, coupled with roll-forward to December 2028, drives an increase in our FV to Rs3,375 (Rs3,150 earlier). Upgrade to ADD.
November 2, 2026 06:42
Stock recommendations: ICRA (Reco: Buy, FV: Rs. 6400) - Largely in line; valuations compelling
ICRA reported a decent 2QFY27, with EBIT growth of 24% yoy supported by 30% revenue growth (aided by M&A) and a ~150 bps EBITDA margin expansion to ~37%. The ratings business remained the key profit driver, with 17% revenue growth and a ~500 bps margin expansion to 41%, benefiting from healthy corporate credit demand and CP issuances along with a favorable base effect. Non-ratings revenue growth (51% yoy) was largely driven by M&A, but underlying margin performance was below expectations. We retain BUY with an FV of Rs6,400, as the current valuation remains attractive, implying little value is being attributed to the non-ratings business and cash balance.
November 2, 2026 06:42
Stock recommendations: Equitas Small Finance Bank (Reco: Buy, FV: Rs.85) - Leadership uncertainty overshadows improving fundamentals
Equitas SFB reported an RoE of 14% in 2QFY27, indicating a steady improvement in profitability. Asset quality is in a comfortable shape, with NNPL of 0.7% and slippages of ~4%. NIM declined ~50 bps qoq due to surplus liquidity. At the same time, the MD & CEO made an unexpected announcement of stepping down to address perceived conflict of interest. The valuation has corrected sharply to factor in the leadership uncertainty. We retain BUY (FV of Rs85) to reflect the strong business momentum, but a rerating does not seem imminent until there is more clarity on leadership stability.
November 2, 2026 06:40
Stock recommendations: Restaurant Brands Asia (Reco: Add, FV: Rs. 105) - Double-digit SSSG sustains
BK India reported another strong quarter, with 14% SSSG (KIE: 11%) and 24%/94% yoy sales/EBITDA (pre-Ind AS 116) growth in 2Q. BK’s initiatives on value offerings/innovations are driving traffic, while cluster-based network expansion and operating leverage are improving margins. Management remains focused on customer recruitment through existing strategy and aims to accelerate network expansion to 80-100 stores/annum (50-70 earlier). We raise estimates by 1-3% and increase FV to 105 (from Rs100). ADD
November 2, 2026 06:40
Stock recommendations: eClerx Services (Reco: Sell, FV: Rs. 1450) - Moderating growth and profitability
eClerx reported a mixed quarter, with better-than-expected growth aided by short-term engagements and a significant deterioration in profitability. Deal wins were weak, down 33% yoy, due to both delayed decision-making and smaller deal awards as clients adopt AI into their operations. Tepid deal wins limit growth visibility and improvement in conversion is required to sustain double-digit revenue growth. A steep yoy EBITDA margin decline raises investor concerns regarding the impact of AI deflation on the business. We cut FY2028-29E EPS by ~5-6% and revise FV to Rs1,450. Maintain SELL.

Published on November 2, 2026

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Sensex, Nifty, Share Prices Updates: Benchmarks closed at the day’s high level. Sensex settled 1,233.25 pts or 1.66% higher at 75,692.78, and Nifty 50 gained 387.70 pts or 1.68% to 23,440.80

By Team BLKS Badri Narayanan

(This live blog is now closed)

ValueQuest Tristar Fund raises over ₹2,100 crore in commitments

Marico reports standalone net profit of ₹683 crore in Q2 FY27, higher by 71.6%, from ₹398 crore in Q2 FY26

Monarch AIF on India's R&D spending and how companies investing in innovation are outperforming the broader market

Vikram Kasat, Chief Business Officer, Advisory and Dealing at PL Capital, on markets today

Wonderla records its best-ever Q2, with total income growing by 42% YoY to ₹126 crore and EBITDA increasing by 90% YoY to ₹30.11 crore

FII selling contrasts with improving growth outlook, bringing selective value opportunities into focus: ArunaGiri N, Founder, CEO, TrustLine Holdings

Benchmarks close at day’s high level; Sensex settles 1233.25 pts or 1.66% higher at 75,692.78, and Nifty 50 gains 387.70 pts or 1.68% to 23,440.80

ValueQuest Tristar Fund raises over ₹2,100 crore in commitments

Marico reported standalone net profit of Rs 683 crore in Q2FY27, higher by 71.6%, from Rs 398 crore in Q2FY26.

Rupee ends little changed as traders stay cautious despite oil, dollar drop

Rupee ends little changed as traders stay cautious despite oil, dollar drop

In a first, MoD awards ₹53,866 cr indigenous corvette contracts to GRSE & GSL via competitive bidding

In a first, MoD awards ₹53,866 cr indigenous corvette contracts to GRSE & GSL via competitive bidding

BLS E-Services reports standalone net profit of ₹4.24 crore in Q2 FY27 compared to ₹4.98 crore in Q2 FY26

L&T bags 'significant' orders for residential, commercial projects

L&T bags 'significant' orders for residential, commercial projects

UPL reports standalone PAT of ₹99 crore in Q2 FY27 against ₹272 crore in Q2 FY26; shares flat at ₹510.30 on NSE

Sensex trades 837.11 pts or 1.12% higher at 75,296.64 by 3 pm; Nifty 50 increases by 252.85 pts or 1.10% to 23,305.95

SEBI warns PC Jeweller promoter, compliance officer on failure to maintain insider-trading database

SEBI warns PC Jeweller promoter, compliance officer on failure to maintain insider-trading database

Passenger EV retail dips 4% amid supply crunch; overall PV market grows 15%

Passenger EV retail dips 4% amid supply crunch; overall PV market grows 15%

Jyoti Structures received purchase orders from Torrent Power for ₹20.85 crore.

Solex Energy explores potential business opportunities in international markets

Q2 results today: Escorts Kubota

PMI manufacturing drops to 54.7 in October

PMI manufacturing drops to 54.7 in October

Epigral Ltd announces Sept quarter results

Sanghvi Movers report Q2 results

Eureka Forbes reported standalone net profit of Rs 73.34 crore in Q2FY27, up 19% y-o-y from Rs 61.59 crore in Q2FY26.

Srinibas Pradhan Constructions bags ₹31 cr road project in Odisha

Srinibas Pradhan Constructions bags ₹31 cr road project in Odisha

Srinibas Pradhan Constructions bags ₹31 cr road project in Odisha

Welspun Corp holds gains past midday as record order book draws analyst confidence

Welspun Corp holds gains past midday as record order book draws analyst confidence

Tilaknagar Industries slides 2% post Q2 results; brokerages stay bullish despite margin miss

Tilaknagar Industries slides 2% post Q2 results; brokerages stay bullish despite margin miss

Vummidi Bangaru Jewellers opens its largest showroom in Coimbatore

Vummidi Bangaru Jewellers opens its largest showroom in Coimbatore

India’s coir exports surge 52% to ₹6,614 crore in FY26

India’s coir exports surge 52% to ₹6,614 crore in FY26

Mr. Rohan Khatau, Director, CCI Projects on Mumbai home sales for October 2026

Hikal bags multi-year CDMO contract from European agrochemical firm

Hikal bags multi-year CDMO contract from European agrochemical firm

Today’s Gold Rate in India November 2: Gold prices see mixed trend in Delhi, Mumbai, Kolkata, Chennai, Bengaluru

Gold Rate Today November 2: Check latest Gold prices in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune & Other Cities

IDBI Bank sale: DIPAM failed to exercise due diligence, charges EAS Sarma

IDBI Bank sale: DIPAM failed to exercise due diligence, charges EAS Sarma

Gulf Oil eyes ₹6,000 crore revenue by FY30; EV arm Tirex targets ₹400 crore

Gulf Oil eyes ₹6,000 crore revenue by FY30; EV arm Tirex targets ₹400 crore

Gold falls to $3,875, silver plunges 8.8% as Fed rate hike fears trigger metals sell-off ahead of Dhanteras

Infosys shares slide over 2%; Hyderabad campus expansion fails to lift sentiment

Infosys shares slide over 2%; Hyderabad campus expansion fails to lift sentiment

LPG consumption hits 8-month high in October

LPG consumption hits 8-month high in October

Devyani International's Q2 loss narrows sharply on strong same-store sales growth

Devyani International's Q2 loss narrows sharply on strong same-store sales growth

NAVA temporarily shuts 150 MW Paloncha power plant; shares trade at ₹520.65 on NSE

Mobikwik swings to ₹14.69 crore profit in Q2; shares jump over 4% to ₹222.59 on NSE

Zydus has completed the acquisition of the API Business of Sterling Biotech Ltd.

Nifty holds near September highs at midday; Reliance surges 7.4%, IT stocks drag

Stock market today: Sensex gains 739 points, Nifty rises 212 at midday

Gold rises on softer oil; markets parse Fed signals

Gold rises on softer oil; markets parse Fed signals

Defence Ministry signs ₹53,866-crore contracts for eight Indian Navy warships

India signs ₹53,866-crore contracts for eight Indian Navy warships

Emami Realty announces resignation of Vice President – Legal, Priyankar Dasgupta

Capillary Technologies India completes deregistration of non-operative Shanghai subsidiary in China

Swapnil Aggarwal, Director, VSRK Capital on: Silver Outlook Remains Cautious for 2026-End, With Recovery Likely Only Over the Long Term

IKF Finance Sets ₹25,000 Crore AUM Target for 2030, Having Quadrupled Assets to Over ₹8,600 Crore in Four Years

Ram Raheja, Managing Director, S Raheja on Mumbai home sales for October

October Auto Sales Reflect Strong Festive Demand; Karma Capital’s Perspective Amid Earnings Season

SEBI proposes scrapping LTCG tax on foreign investors, seeks relief for mutual fund investors

SEBI seeks LTCG tax relief for foreign investors, domestic mutual fund holders

MCX Natural Gas Futures: Outlook is mixed. Stay out

MCX Natural Gas Futures: Outlook is mixed. Stay out

HDFC Bank slips; another Senior Executive departs