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Indices maintain gains in late morning deals
Nov-03-2026

Domestic equity indices maintained their gains in late morning deals on account of buying by funds and retail investors. Hectic buying in HDFC Bank, ICICI Bank, Bharti Airtel, Hindustan Unilever and State Bank of India helped the Sensex and Nifty recapture their psychological levels of 76,500 and 23,650, respectively. Sentiments got boost as crude oil prices declined in international markets overnight, with talks between Iranian and Qatari officials raising hopes for an end to the US-Israeli war with Iran and the stabilisation of crude oil supplies in the Middle East. Besides, support also came in as foreign institutional investors remained net buyers in Indian equities on November 02, 2026 , purchasing shares worth Rs 3,114.68 crore.

The Sensex jumped 1.07%, while the Nifty advanced 0.91% ahead of the weekly expiry of Nifty derivatives contracts. On the global front, Asian markets were trading mostly in the red, with South Korea and Taiwan leading the declines following a tech-led sell-off in US markets overnight.

The BSE Sensex is currently trading at 76502.16, up by 809.38 points or 1.07% after trading in a range of 76033.74 and 76572.71. There were 20 stocks advancing against 10 stocks declining on the index.

The top gaining sectoral indices on the BSE were FMCG up by 2.34%, Realty up by 2.20%, Auto up by 1.46%, Consumer Durables up by 1.24% and Consumer Disc up by 1.15%, while Utilities down by 0.40%, Power down by 0.28%, Energy down by 0.12%, Healthcare down by 0.05%, Metal down by 0.04% were the losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 3.77%, HDFC Bank up by 2.91%, Hindustan Unilever up by 2.63%, ICICI Bank up by 2.40% and Interglobe Aviation up by 2.37%. On the flip side, Infosys down by 1.92%, NTPC down by 1.25%, Power Grid down by 0.94%, Reliance Industries down by 0.91% and Trent down by 0.56% were the top losers.

Meanwhile, Union Minister Pralhad Joshi has said that India's renewable sector attracted investments worth $67 billion in last 2 years, making it the biggest investment in any sector.  He said that the sector is expanding rapidly and will play a crucial role in meeting the country's future electricity needs. He stated India's installed non-fossil-based capacity has grown to 310 GW from over 200 GW in September 2024 under the leadership of Prime Minister Narendra Modi, who is leading the country's renewable energy vision. 

India added 110 GW of non-fossil fuel-based energy capacity over the past two years, registering growth of more than 50 per cent. Further, he urged the investors to keep investing in the country and become part of India's growth journey. He noted India is one of the fastest-growing economies, and various agencies have revised India's growth projections to up to 7 per cent.

Moreover, he said the country has made progress in solar manufacturing as well. India's solar capacity has grown from 2.8 GW in 2014 to 171 GW -- wind 21 GW to 60 GW, solar modules 2 GW to 225 GW, and solar cells 0 to 45 GW, wind turbine manufacturing 10 GW to 24 GW.  The country has also made improvements in providing renewable energy at lower rates to the consumers. The solar tariffs were reduced to Rs 2.15 per unit from Rs 5.50 per unit in 2014, while solar and battery are as low as Rs 2.70 per kWh today.

The CNX Nifty is currently trading at 23653.85, up by 213.05 points or 0.91% after trading in a range of 23482.80 and 23675.30. There were 33 stocks advancing against 17 stocks declining on the index.

The top gainers on Nifty were Asian Paints up by 3.90%, HDFC Bank up by 2.91%, BSE up by 2.83%, Interglobe Aviation up by 2.79% and Tata Consumer up by 2.54%. On the flip side, Infosys down by 1.84%, ONGC down by 1.64%, Power Grid down by 1.36%, Reliance Industries down by 1.04% and NTPC down by 0.76% were the top losers.

Asian markets were trading mostly in red; Taiwan Weighted lost 1719.81 points or 3.83% to 43,200.33, Jakarta Composite plunged 133.77 points or 2.7% to 4,963.06, Shanghai Composite weakened 50.99 points or 1.4% to 3,587.04, KOSPI dropped 217.34 points or 3.71% to 5,641.74 and Straits Times fell 11.94 points or 0.23% to 5,272.06. However, Hang Seng advanced 51.68 points or 0.22% to 23,445.00.
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