Domestic equity indices maintained their strong gains in late morning trade as market participants continued to build their positions. A drop in crude oil prices lent support to domestic markets . Oil prices fell on expectations that the losses U.S. President Donald Trump’s Republican Party suffered in Congressional elections this week may reduce the risk of further escalation of the U.S.-Israeli war on Iran. Besides, sentiments got boost as foreign Institutional Investors (FIIs) bought equities worth Rs 7,284.03 crore on November 04, 2026, according to exchange data.
The Nifty advanced 1.79%, while the Sensex rallied 1.93% ahead of the Sensex weekly F&O expiry. on the BSE sectoral front, traders were seen building positions in Auto, Consumer Discretionary, Bankex, IT and Consumer Durables, selling was witnessed in Capital Goods, Telecom and Power. On the global front, Asian markets were trading mostly in the red, despite broadly positive cues from US markets overnight.
The BSE Sensex is currently trading at 78791.72, up by 1490.32 points or 1.93% after trading in a range of 78520.56 and 79001.19. There were 25 stocks advancing against 5 stocks declining on the index.
The top gaining sectoral indices on the BSE were Auto up by 3.81%, Consumer Disc up by 2.54%, Bankex up by 2.46%, IT up by 2.26% and Consumer Durables up by 2.22%, while Capital Goods down by 1.42%, Telecom down by 1.11% and Power down by 0.39% were the top losing indices on BSE.
The top gainers on the Sensex were Interglobe Aviation up by 5.45%, Bajaj Finance up by 5.20%, Maruti Suzuki India up by 4.74%, Asian Paints up by 4.14% and Mahindra & Mahindra up by 4.10%. On the flip side, Power Grid down by 0.73%, NTPC down by 0.62%, Reliance Industries down by 0.50%, Bharti Airtel down by 0.36% and ITC down by 0.36% were the top losers.
Meanwhile, Foreign Secretary Vikram Misri and Nepal’s Energy and Water Resources Minister Biraj Bhakta Shrestha have discussed ways to broaden cooperation in the energy sector during a meeting in Nepal.
Further, according to the Nepalese minister’s secretariat, the discussions covered energy trade, hydropower project development, disaster mitigation and early warning systems. Misri is in Nepal on a two-day visit ahead of Prime Minister Balendra Shah's forthcoming visit to India.
Besides, Shrestha appreciated the Indian government's consistent support to Nepal in responding to recent disasters. He also requested India to increase power trade, complete assistance projects in Nepal and increase investment from the private sector.
The CNX Nifty is currently trading at 24389.05, up by 428.45 points or 1.79% after trading in a range of 24296.30 and 24442.20. There were 40 stocks advancing against 10 stocks declining on the index.
The top gainers on Nifty were BSE up by 5.59%, Shriram Finance up by 5.51%, Interglobe Aviation up by 5.10%, Tata MotorsPassenger up by 4.76% and Bajaj Finance up by 4.67%. On the flip side, Apollo Hospital down by 3.19%, ONGC down by 2.09%, Coal India down by 1.14%, NTPC down by 1.06% and Dr. Reddy's down by 0.89% were the top losers.
Asian markets were trading mostly in red; Nikkei 225 slipped 1203.63 points or 1.94% to 60,985.00, Taiwan Weighted lost 1377.33 points or 3.21% to 41,571.58, Shanghai Composite weakened 17.65 points or 0.48% to 3,668.52, Straits Times fell 9.33 points or 0.18% to 5,282.10 and KOSPI dropped 311.41 points or 5.48% to 5,372.39. However, Jakarta Composite gained 96.41 points or 1.92% to 5,016.18 and Hang Seng advanced 733.5 points or 3.07% to 24,653.00.