Daily Market Wrap-Up: 4 November 2026 — Nifty Extends Winning Streak to Five Sessions as Media, Realty and Metal Stocks Rally
Executive Summary
Indian equity markets extended their winning streak to a fifth consecutive session on Wednesday, 4 November 2026. The Nifty 50 advanced 149.75 points (0.63%) to close at 23,960.60, while the Sensex gained 383.55 points (0.50%) to settle at 77,301.40.
The broader market outperformed the benchmark indices, with the Nifty Midcap 100 rising 1.55% and the Nifty Smallcap 100 advancing 2%. Media, Realty and Metal stocks led sectoral gains, while Information Technology shares remained under pressure.
Bank Nifty also closed higher at 55,913.60, gaining 373.55 points (0.67%). Softer crude oil prices, renewed foreign fund inflows and positive domestic earnings supported investor sentiment.
Key Index Closing Data
| Index | Closing Level | Change |
|---|---|---|
| Nifty 50 | 23,960.60 | +149.75 (+0.63%) |
| Sensex | 77,301.40 | +383.55 (+0.50%) |
| Nifty Bank | 55,913.60 | +373.55 (+0.67%) |
| Nifty Midcap 100 | 59,505.50 | +909.25 (+1.55%) |
| Nifty Smallcap 100 | 19,026.40 | +373.55 (+2.00%) |
| Nifty Next 50 | 70,795.00 | +1,170.65 (+1.68%) |
| Nifty 500 | 22,769.20 | +248.85 (+1.10%) |
The Nifty 50 opened at 23,742.25, touched an intraday low of 23,696.15 and recovered to close at its intraday high of 23,960.60. The strong finish reflected buying interest towards the end of the trading session.
FII/FPI & DII Activity
The combined institutional trading activity across NSE, BSE and MSEI showed strong foreign buying on 4 November, while domestic institutional investors remained net sellers.
FII/FPI & DII Trading Activity – 4 November 2026
| Category | Buy Value (₹ Cr) | Sell Value (₹ Cr) | Net Value (₹ Cr) |
|---|---|---|---|
| FII/FPI | 21,607.38 | 14,323.35 | +7,284.03 |
| DII | 16,392.82 | 20,105.05 | -3,712.23 |
| Combined Net | +3,571.80 |
FIIs recorded net purchases of ₹7,284.03 crore, indicating strong foreign institutional participation. DIIs, meanwhile, recorded net selling of ₹3,712.23 crore.
The combined institutional activity resulted in net buying of ₹3,571.80 crore. The strong foreign buying trend has supported the recent market recovery, although domestic institutional selling remains an important factor to monitor.
Sectoral Performance
Media stocks led the sectoral rally, followed by Realty and Metal stocks. Energy, FMCG and Auto also ended higher, while IT was the weakest major sector.
| Sector | Performance |
|---|---|
| Nifty Media | +5.15% |
| Nifty Realty | +2.85% |
| Nifty Metal | +2.80% |
| Nifty Energy | +2.17% |
| Nifty FMCG | +1.50% |
| Nifty Auto | +1.16% |
| Nifty PSU Bank | +0.74% |
| Nifty Pharma | +0.42% |
| Nifty IT | -1.50% |
The sharp rally in Media stocks reflected strong sector-specific buying, while Realty and Metal stocks benefited from improving risk appetite. IT stocks remained under pressure amid concerns around global technology demand and AI-related spending.
Top Gainers
Bharat Electronics led the Nifty 50 gainers after reporting strong quarterly earnings. Adani Enterprises, Titan and Jio Financial Services also attracted significant buying interest.
| Stock | Change |
|---|---|
| Bharat Electronics | +4.71% |
| Adani Enterprises | +4.47% |
| Titan Company | +4.22% |
| Jio Financial Services | +3.73% |
| Max Healthcare | +3.53% |
Top Losers
IT stocks dominated the list of major Nifty losers. TCS, HCL Technologies and Infosys remained under selling pressure, while BSE Ltd and Eternal also ended lower.
| Stock | Change |
|---|---|
| Tata Consultancy Services | -2.52% |
| HCL Technologies | -2.37% |
| BSE Ltd | -1.75% |
| Infosys | -1.73% |
| Eternal | -1.42% |
Stocks in Focus
Bharat Electronics: Shares gained 4.71% after the company reported a 20% increase in second-quarter consolidated net profit and announced new orders worth ₹1,011 crore.
Adani Enterprises: Shares advanced 4.47%. The stock attracted buying interest following developments related to its proposed joint venture with Jabil for data-centre hardware.
Titan Company: Shares gained 4.22% following the company’s retail expansion, including the opening of 78 new stores during the second quarter.
Jio Financial Services: The stock advanced 3.73%, contributing to the positive performance of financial services shares.
Max Healthcare: Shares gained 3.53%, reflecting buying interest in healthcare stocks.
TCS, HCL Technologies and Infosys: IT stocks remained weak, with all three ending among the major Nifty 50 losers.
Market Breadth
The broader market recorded strong participation, with advances comfortably outnumbering declines.
| Market Indicator | Number |
|---|---|
| Advances | 2,948 |
| Declines | 1,260 |
| Unchanged | 170 |
| Nifty 50 Advances | 36 |
| Nifty 50 Declines | 14 |
The advance-decline ratio remained positive, indicating that buying extended beyond the largest benchmark constituents. Smallcap and midcap stocks outperformed the frontline indices.
Global Market Cues
Global markets remained sensitive to developments surrounding the US midterm elections, US Treasury yields, technology spending and geopolitical developments.
The US market ended its previous session on a mixed note. The S&P 500 gained 0.36% to 7,568.92, while the Nasdaq Composite advanced 0.83% to 25,372.01. The Dow Jones Industrial Average declined 0.38% to 51,786.72.
Asian markets delivered a mixed performance. Japan’s Nikkei declined 1.42%, while Hong Kong’s Hang Seng gained 1.43%. China’s Shanghai Composite fell 0.82%, and South Korea’s Kospi remained under pressure.
Investors also tracked the political developments in the United States. The Democratic Party’s strong election performance influenced expectations around fiscal policy, technology regulation and the direction of the US dollar.
Commodities, Currency & Cryptocurrency
| Asset | Latest Price / Level | Change |
|---|---|---|
| Brent Crude Oil | $103.82/barrel | -$0.95 (-0.91%) |
| USD/INR | ₹94.64 | Rupee strengthened |
| 24K Gold | ₹1,42,556 per 10g | +₹3,104 (+2.23%) |
| Silver 999 | ₹1,86,383 per kg | +₹6,685 (+3.72%) |
| Indian VIX | 15.72 | +0.22 (+1.44%) |
| Bitcoin | $78,353.24 | +1.49% (+$1,147.23) |
Gold and silver witnessed a strong recovery, with domestic prices rising sharply. Brent crude traded at $103.82 per barrel, down 0.91%. Bitcoin was quoted at $78,353.24, gaining 1.49%.
GIFT Nifty – Next Session Indicator
GIFT Nifty was trading at 24,118.00, up 168 points (0.70%) in the latest available update. This indicated a positive early signal for the next Indian trading session, although actual market opening direction will depend on overnight global cues and subsequent price movement.
IPO & Listing Corner
Investors continued to track the SME public issue activity following the opening of Vedant Poly Fabs on 2 November. The Bombay Coated and Special Steels IPO had closed for subscription on 2 November.
IPO investors should monitor fresh NSE and BSE public issue announcements, subscription updates, allotment schedules and upcoming listing dates before making application decisions.
Technical Outlook – Nifty 50
The Nifty 50 closed at 23,960.60, gaining 149.75 points (0.63%). The index opened at 23,742.25, touched an intraday low of 23,696.15 and recovered to finish at its intraday high.
| Technical Levels | Nifty 50 |
|---|---|
| Immediate Support | 23,900–23,850 |
| Next Support | 23,750–23,700 |
| Immediate Resistance | 24,000 |
| Higher Resistance / Target | 24,100–24,200 |
A sustained move above 24,000 could strengthen the positive momentum and open the possibility of testing 24,100–24,200. On the downside, 23,900–23,850 remains the immediate support zone, followed by 23,750–23,700.
Technical Outlook – Bank Nifty
Bank Nifty closed at 55,913.60, gaining 373.55 points (0.67%). The index opened at 55,485.10, touched an intraday low of 55,294.50 and reached a high of 55,946.85 before ending higher.
| Technical Levels | Bank Nifty |
|---|---|
| Immediate Support | 55,700–55,600 |
| Next Support | 55,500–55,300 |
| Immediate Resistance | 56,000 |
| Higher Resistance / Target | 56,200–56,400 |
A sustained move above 56,000 could improve the short-term momentum and open the way towards 56,200–56,400. On the downside, 55,700–55,600 is the immediate support area, while a break below 55,300 could weaken the positive setup.
What to Watch on the Next Trading Day
- Whether the Nifty 50 sustains above 23,900 and attempts a breakout above 24,000.
- Whether Bank Nifty moves decisively above the 56,000 resistance zone.
- Continuation of FII buying and the trend in DII activity.
- Whether the positive GIFT Nifty indication translates into a firm domestic market opening.
- Continued buying interest in Media, Realty, Metal and Defence stocks.
- Whether IT stocks stabilise after the recent weakness.
- Movement in crude oil prices, the US dollar and Treasury yields.
- Fresh IPO subscription, allotment and listing announcements from NSE and BSE.
FinBrooks Market View
Indian equity markets extended their winning streak to five consecutive sessions, with the Nifty 50 approaching the important 24,000 psychological level. The broader market outperformed, supported by strong participation in midcap and smallcap stocks.
Media, Realty and Metal stocks led the rally, while IT remained the primary sectoral drag. Bharat Electronics, Adani Enterprises and Titan were among the major stock-specific contributors.
Institutional activity remained favourable for foreign investors, who recorded net buying of ₹7,284.03 crore on 4 November. Although DIIs remained net sellers, the combined institutional flow was positive at ₹3,571.80 crore.
The Nifty’s next important test lies around 24,000, while Bank Nifty needs to sustain above 56,000 to strengthen its upward momentum. GIFT Nifty’s latest positive indication also suggests a constructive setup for the next session.
Overall, the market structure remains positive, but investors should monitor institutional flows, global developments and sector rotation before taking fresh positions.
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