India's two main stock indexes rose more than 1% on Nov. 3, with gains across consumer and realty measures and BSE shares topping Nifty 50 gainers.
The Nifty 50 added 370.05 points, or 1.58%, to 23,810.85, while the BSE Sensex gained 1,225.07 points, or 1.62%, to 76,917.85. The Nifty fast-moving consumer goods (FMCG) index rose 3.65%, and the Nifty Realty index advanced 2.33%. The Nifty Midcap 100 gained 1.06%, while the Nifty Smallcap 100 added 0.31%.
BSE shares climbed 5.03% to ₹3,665.70, the biggest gain among Nifty 50 constituents. Nestle India rose 4.47% to ₹1,248.40, and Tata Consumer Products gained 4.29% to ₹1,073. Power Grid Corporation of India fell 3.04% to ₹259.55, while State Bank of India declined 1.70% to ₹970.25.
The Economic Times reported that 2,127 shares advanced, 1,477 declined and 109 were unchanged among 3,713 stocks traded on the National Stock Exchange of India (NSE).
Provisional data from the Metropolitan Stock Exchange of India (MSEI) showed foreign institutional investors and foreign portfolio investors together were net buyers of ₹3,114.68 crore on Nov. 2 in the combined cash market across the NSE, BSE and MSEI. Domestic institutional investors were net sellers of ₹392.20 crore. Those figures cover the previous session, not Nov. 3 trading.
The 10-year Treasury par yield was 4.91% on Nov. 2, down from 4.94% on Oct. 30, U.S. Treasury data showed. The Associated Press reported that Brent crude fell 7.6% on Monday, Nov. 2, before rebounding early Tuesday after U.S. strikes on Iranian targets. Kotak Neo quoted January 2027 Brent futures at $105.46 a barrel at about 5:06 a.m. ET (10:06 UTC) Tuesday. The rebound meant crude's Monday decline did not continue through India's Tuesday trading session.
The Economic Times quoted Vatsal Bhuva, a technical analyst at LKP Securities, as identifying 24,000 as resistance near the 200-day moving average and 23,600 as near-term support.
EconoTimes' earlier coverage of Indian shares on Nov. 2 noted a morning rise of more than 1% alongside softer Brent and higher quarterly profit at Reliance Industries.
