🇮🇳 India : S&P Global Manufacturing PMI (Oct)
🇪🇺 Euro : ECB President Lagarde Speaks
🇺🇸 USA : Exports (Aug), Imports (Aug), Trade Balance (Aug), Redbook (YoY), Factory Orders (MoM), Factory orders ex transportation (MoM) (Aug), JOLTS Job Openings (Sep), Total Vehicle Sales (Oct), IBD/TIPP Economic Optimism (Nov), Atlanta Fed GDPNow (Q4)
Strictly speaking, Nifty’s record peak of 26,277.35 may remain just out of reach for now, as investors adopt a wait-and-watch approach with a mildly negative bias toward Indian equities.
1) The Fed’s ambiguous stance on a potential December rate cut.
2) Lack of clarity in the ongoing U.S.–India trade negotiations.
3) Muted Q2 earnings season from India Inc.
STOCKS IN SPOTLIGHT:
Vodafone Idea: In yesterday’s trade, shares of Vodafone Idea (+9.74%) zoomed higher towards its 10% upper circuit after the Supreme Court clarified that the government is free to consider relief on both additional and reassessment of the AGR dues.
Q2 earnings for the day:
SBI
M&M
ADANI PORTS
ADANI ENTERPRISES
INDIGO
INDIAN HOTELS
PAYTM
SUZLON ENERGY
ESCORTS
GRSE.
Nifty (25763): Sell between 25850-25900 zone. Stop at 26421. Targets 25600/25451. Aggressive targets at 24900-25101 zone.
Bank Nifty (58101): Sell at CMP. Stop at 58951. Targets 57351/57000. Aggressive targets at 56600-56700 zone.
Disclaimer/ Disclosure: The investments & trading ideas recomended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only by after consulting with registered market intermediaries.
Global cues: Positive
FII: (-1883.80 crores)
DII: (+3516.40 crores)
Sentiment: Risky
Market Breadth: Negative
Technicals: Overbought zone
F&O: 25000 – 26500 zone.
INDIA VIX 12.66 (+4.22%)
USD/INR Futures (November) (88.87)
NIFTY PCR (25th November) 1.12
Bank Nifty PCR (25th November) 0.93
NIFTY (CMP 25763):
SUPPORT: 25571/25429
RESISTANCE: 25927/26107
RANGE: 25650-25900
BIAS: Negative
21 DMA: 25538
50 DMA: 25169
200 DMA: 24341
SENSEX (CMP 83978)
SUPPORT: 83500/83121
RESISTANCE: 85300/85979
RANGE: 83400-84400
BIAS: Negative
21 DMA: 83335
50 DMA: 82133
200 DMA: 79923
BANK NIFTY (CMP 58101)
SUPPORT: 57351/56600
RESISTANCE: 58600/59100
RANGE: 57500-58500
BIAS: Negative
21 DMA: 57250
50 DMA: 55780
200 DMA: 53870
Nifty is still above its 21 DMA (25539), 50 DMA (25169) and its 100 DMA (25092). Nifty’s 200 DMA at 24341 mark.
Please note, confirmation of strength now only above 26107 mark.
Nifty’s all-time-high continues to be at 26277.35 mark.
The technical landscape suggests Nifty’s major support at 25571/25451/25337 mark.
Nifty’s hurdles seen 26277.35 mark.
Nifty’s chart of the day suggests the benchmark may trade with bearish bias with Nifty’s biggest intraday hurdles at 25900 and then at 26107 and then at 26277.35. Bias is tilting towards bearishness.
Bank Nifty’s new all-time continues to be at 58577.50 mark.
Bank Nifty was seen slightly outperforming Nifty’s rebounding action, ending 0.56% higher as against Nifty’s 0.16% gains.
Interestingly, Nifty PSU Banks ended 1.92% higher while Nifty Private Bank Index ended with 0.35% gains.
Intraday support for Bank Nifty now seen at 57351/56600 mark and then at 55500 mark on closing basis.
In today’s trade and in near term, Bank Nifty is likely to face resistance at 58600/59300 mark. Bank Nifty’s 200-DMA is placed at 53870 mark. Bias on Bank Nifty shifts to negative amidst overbought technical conditions.
Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.
Our Call of the Day: Nifty may drift and struggle for clear direction, with sentiment tempered by renewed FII outflows — overseas investors were net sellers on Monday to the tune of ₹1,884 crore.
GIFT Nifty 🇮🇳: (-31, 25888)
Dow Futures: (-47, 47290)
Nasdaq 100 Futures (-55, 25918)
Nikkei (+233, 52644)
Hang Seng (-10, 26148)
Dow Jones (+226, 47337)
Nasdaq Composite (+110, 23835)
Bovespa (+775, 150315).
WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:
At Monday’s close, the S&P 500 was up 0.2% at 6,851 and the Nasdaq Composite had added 0.5% to 23,834. The Dow Jones Industrial Average, however, was down 0.5% at 47,336.
Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.
Good Morning Early, Readers!!
GIFT Nifty 🇮🇳: (-21, 25898)
Dow Futures: (-67, 47270)
Nasdaq 100 Futures (-40, 25933)
Nikkei (-181, 52230)
Hang Seng (Closed, 26158)
Dow Jones (+226, 47337)
Nasdaq Composite (+110, 23835)
Bovespa (+775, 150315).
Wall Street witnessed a choppy start to November as market participants braced little sign that the US government shutdown will end anytime soon. However, two of the three main indexes closed higher as Amazon.com (AMZN) kept climbing.
At Monday’s close, the S&P 500 was up 0.2% at 6,851 and the Nasdaq Composite had added 0.5% to 23,834. The Dow Jones Industrial Average, however, was down 0.5% at 47,336.
Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.
FIIs start November on back-foot as well⚠🛑
FII Cash: -1,883.8 Cr.
DII Cash: +3,516.4 Cr.
FII Idx Fut: -1,194.2 Cr.
FII Idx Opt: -5,302.0 Cr.
FII Stk Fut: -992.6 Cr.
FII Stk Opt: -53.5 Cr.
FII Week Till Date
FII Cash: -1,883.8 Cr.
DII Cash: +3,516.4 Cr.
FII/DII Month till Date
FII Cash: -1,883.8 Cr.
DII Cash: +3,516.4 Cr.
FY-26 Till Date
FII Cash: -1,13,691.0 Cr.
DII Cash: +4,39,856.4 Cr.
Gift Nifty at 20:18 (25883, -37)
Nifty Edges Up as Bulls Battle for Control…
Nifty (+41, 25763)
Sensex (+40, 83978)
Bank Nifty (+325, 58101)
After a jittery start, Nifty managed to edge higher as bulls fought hard to regain lost momentum. The session saw intense back-and-forth action, with bears resisting every upward move, keeping volatility elevated.
While the undertone remains cautious, the late-session recovery suggests that bulls are still in the game, determined to defend key support zones and keep market sentiment afloat.
Bottom-line: Sentiment still fragile, the battle for directional clarity continues — and Nifty remains caught in a narrow range, wavering without conviction.
Technically speaking, confirmation of strength now only above 26107 mark. For Tuesday’s trade, Nifty 25927 will act as big hurdle.
NIFTY REALTY (+2.23%)
NIFTY PSUBANKS (+1.92%)
NIFTY PHARMA (+1.20%)
NIFTY CONSUMER DURABLES (-0.29%)
NIFTY IT (-0.17%)
NIFTY FMCG (-0.10%)
Nifty (+0.16%) opened on a cautious note but bulls regrouped at lower levels and the positive takeaway is that Nifty snapped a 2-day losing streak.
Nifty is still above its 21 DMA (25539), 50 DMA (25169) and its 100 DMA (25092). Nifty’s 200 DMA at 24341 mark.
Please note, confirmation of strength now only above 26107 mark.
3) Bank Nifty (+0.56%) did pretty well as bullish consolidation was the preferred theme all thru the trading session. Bank Nifty’s new all-time-high still seen at 58577.50 mark.
4) The market breadth (29:19) was in favour of the bulls.
4) Nifty Mid-cap (+1.03%) and Nifty Small-cap (+0.72%) indices ended with solid gains.
1) Shares of Vodafone Idea (+9.74%) zoomed higher towards its 10% upper circuit after Supreme Court clarified the telecom firm asked for relief on both additional AGR dues and reassessment of all dues.
The Supreme Court clarified that the government is free to consider relief on both additional and reassessment of the AGR dues.
2) Wockhardt (+8.48%) jumped higher after its Q2 net profit came at Rs 78 crore against loss of Rs 22 crore, YoY.
3) Patanjali Foods (-4.55%) plunged posted a 67.4 percent year-on-year rise in standalone net profit to Rs 517 crore in Q2 FY26, marking its strongest quarter to date on turnover and profit metrics. Revenue rose 21 percent year-on-year to Rs 9,344.9 crore, while EBITDA increased 19.4 percent to Rs 552 crore. EBITDA margin stood at 5.6 percent, marginally lower than 5.7 percent a year earlier.
4) JK Cement (-5.06%) plunged as Q2 PAT halves QoQ to Rs 161 cr; EBITDA margin expands to 15.1%. The company reported a 50.52% tumble in consolidated net profit to Rs 160.53 crore on a 9.94% drop in revenue from operations to Rs 3,019.20 crore in Q2 FY26 as compared with Q1 FY26.
5) Medplus Health Services (+6.84%) jumped out of the gate after the company reported a 43.3% jump in consolidated net profit to Rs 55.50 crore on 6.5% increase in revenue from operations to Rs 1,679.33 crore in Q2 FY26 over Q2 FY25.
6) Bank of Baroda (+4.67%) jumped after the bank reported a 8.2% decline in standalone net profit to Rs 4,809.39 crore on 1.2% decline in total income to Rs 35,025.76 crore in Q2 FY26 over Q2 FY25.
5) R R Kabel (-1.78%) gave away from gains to end lower despite the company’s consolidated net profit surging 133.1% to Rs 116.26 crore in Q2 FY26, compared with Rs 49.53 crore in Q2 FY25. Revenue from operations increased 19.5% YoY to Rs 2,163.77 crore in Q2 FY26.
SHRIRAMFIN (+6.18%)
TATACONSUM (+2.62%)
APOLLOHOSP (+2.00%)
M&M (+1.89%)
TMPV (+1.80%)
MARUTI (-3.41%)
ITC (-1.51%)
TCS (-1.26%)
L&T (-1.24%)
JSWSTEEL (-0.92%)
OUR VIEW FOR TUESDAY’S TRADE
After today’s minor rebound, Nifty needs to move back above 26107 for bulls to regain more confidence.
Till then, staying nimble on any long positions is the preferred strategy.
ALL ABOUT NIFTY:
Nifty (CMP: 25763)
Support: 25551/25351
Resistance: 25878/26107
Range: 25622-25822
21 DMA: 25538
50 DMA: 25169
200 DMA: 24341
Trend: Neutral
BULLISH LOOKING STOCKS:
BULLISH LOOKING STOCKS (LONG TERM):
BEARISH LOOKING STOCKS:
STOCKS TO AVOID:
Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.
OPTION TRADE
OPTION TRADE PROFIT: NIL
INTRADAY TRADE:
INTRADAY TRADE PROFIT: NIL
JACKPOT TRADE
JACKPOT TRADE PROFIT: NIL
INDEX TRADE
INDEX TRADE PROFIT: NIL
FORMULA ONE (F1)
FORMULA ONE (F1) PROFIT: +3500
SWING TRADE:
SWING TRADE PROFIT: +10% (AVG)
PURE INVESTMENT CALL (BINOCULAR):
PURE INVESTMENT CALL (BINOCULAR) PROFIT: NIL
TOTAL PROFIT/LOSS FOR THE DAY:
As widely expected, Nifty struggles for direction — a tug-of-war between the bulls and bears witnessed as both sides fought to make their mark — reflecting indecision and heightened volatility.
Nifty (-1, 25721)
Sensex (-61, 83878)
Bank Nifty (+232, 58008)
SUPPORT: 25579/25451
RESISTANCE: 25900/26107
TRADING RANGE (25650-26800)
BIAS: Neutral
PSU BANKS (+2.17%)
NIFTY REALITY (+1.43%)
NIFTY OIL & GAS (+0.69%)
NIFTY PCONSUMER (-0.81%)
NIFTY DIGITAL (-0.55%)
NIFTY IT (-0.53%)
1) Patanjali Foods (-4.57%) plunged posted a 67.4 percent year-on-year rise in standalone net profit to Rs 517 crore in Q2 FY26, marking its strongest quarter to date on turnover and profit metrics. Revenue rose 21 percent year-on-year to Rs 9,344.9 crore, while EBITDA increased 19.4 percent to Rs 552 crore. EBITDA margin stood at 5.6 percent, marginally lower than 5.7 percent a year earlier.
2) JK Cement (-3.67%) plunged as Q2 PAT halves QoQ to Rs 161 cr; EBITDA margin expands to 15.1%. The company reported a 50.52% tumble in consolidated net profit to Rs 160.53 crore on a 9.94% drop in revenue from operations to Rs 3,019.20 crore in Q2 FY26 as compared with Q1 FY26.
3) Medplus Health Services (+11.82) jumped out of the gate after the company reported a 43.3% jump in consolidated net profit to Rs 55.50 crore on 6.5% increase in revenue from operations to Rs 1,679.33 crore in Q2 FY26 over Q2 FY25.
4) Bank of Baroda (+4.29%) jumped after the bank reported a 8.2% decline in standalone net profit to Rs 4,809.39 crore on 1.2% decline in total income to Rs 35,025.76 crore in Q2 FY26 over Q2 FY25.
5) R R Kabel (+1.5%) climbed after the company’s consolidated net profit surged 133.1% to Rs 116.26 crore in Q2 FY26, compared with Rs 49.53 crore in Q2 FY25. Revenue from operations increased 19.5% YoY to Rs 2,163.77 crore in Q2 FY26.
1) Sentiment still fragile at Dalal Street after Friday’s drubbing, the battle for directional clarity continues — and Nifty remains caught in a narrow range, wavering without conviction.
Caution is the buzzword!
2) The trading theme still revolves around FIIs selling in Friday’s trade. to the tune of ₹6,769 crore, triggering concerns over sustained pressure on Indian equities.
3) Key Q2 Earnings:
Monday (November 3rd): BHARTI AIRTEL, TITAN, POWERGRID, AMBUJA CEMENTS, TATA CONSUMER, AJANT PHARMA, JK PAPER
Tuesday (November 4th): SBI, M&M, ADANI PORTS, ADANI ENTERPRISES, INDIGO, INDIAN HOTELS, PAYTM, SUZLON ENERGY, ESCORTS, GRSE.
Wednesday (November 5th): SUN PHARMA, GRASIM, AUROBINDO PHARMA, BLUE STAR, DELHIVERY, PIRAMAL PHARMA, BEML.
Top Index Gainers:
SHRIRAMFIN (+5.35%)
M&M (+1.96%)
SBI (+1.32%)
INDIGO (+0.86%)
EICHER MOTORS (+0.66%)
Top Index Losers:
MARUTI (-3.3%)
BEL (-1.5%)
TITAN (-1.36%)
NESTLE INDIA (-0.87%)
TCS (-0.78%)
Dow Futures: (+47, 47611)
Nasdaq 100 Futures (+103, 25961)
Nikkei (Closed, 52411)
Hang Seng (+169, 26076)
Dollar Index (-0.03%, 99.77)
WTI OIL (-0.74%, 60.13)
Gold (+5, 4008)
Securities in Ban for Trade Date: Monday, November 3rd 2025*
NIL
Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.
A cautious start appears on the cards and that’s in line with our call of the day says the joy and the bullish enthusiasm are likely to be missing as FIIs again turned net sellers (₹6,769 crore) in Friday’s volatile negative session.
1) The Fed’s ambiguous stance on a potential December rate cut.
2) Lack of clarity in the ongoing U.S.–India trade negotiations.
3) Muted Q2 earnings season from India Inc.
GIFT Nifty 🇮🇳: (-55, 25845)
Dow Futures: (+47, 47611)
Nasdaq 100 Futures (+103, 25961)
Nikkei (Closed, 52411)
Hang Seng (+84, 25991)
Dollar Index (-0.03%, 99.77)
WTI OIL (-0.74%, 60.13)
Gold (+5, 4008)
Securities in Ban for Trade Date: Monday, November 3rd 2025*
NIL
Monday (November 3rd): BHARTI AIRTEL, TITAN, POWERGRID, AMBUJA CEMENTS, TATA CONSUMER, AJANT PHARMA, JK PAPER
Tuesday (November 4th): SBI, M&M, ADANI PORTS, ADANI ENTERPRISES, INDIGO, INDIAN HOTELS, PAYTM, SUZLON ENERGY, ESCORTS, GRSE.
Wednesday (November 5th): SUN PHARMA, GRASIM, AUROBINDO PHARMA, BLUE STAR, DELHIVERY, PIRAMAL PHARMA, BEML.
Thursday (November 5th): LIFE INSURANCE, CHOLAMANDALAM FINANCE, CUMMINS, ABB, APOLLO HOSPITALS, LUPIN, GODREJ PROPERTIES, NHPC, UPL, MCX, NCC, PRICOL.
Friday (November 6th): BAJAJ AUTO, HINDALCO, DIVIS LAB, TRENT, TORRENT PHARMA, NYKAA, KALYAN JEWELLERS, PETRONET LNG, NEULAND LAB.
Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.
