Stock Market Today, 3 November 2026: Sensex Jumps 1,225 Points, Nifty Crosses 23,800; FMCG and Banking Stocks Lead

The Indian stock market closed sharply higher on Tuesday, 3 November 2026, with the BSE Sensex surging 1,225.07 points (1.62%) to 76,917.85 and the Nifty 50 gaining 370.05 points (1.58%) to settle at 23,810.85. Bank Nifty also advanced 537.85 points (0.98%) to 55,540.05, supported by buying in private banking stocks.

FMCG, realty, financial services and consumption-linked stocks led the rally, while PSU banks and metals remained under pressure. BSE Ltd, Nestlé India and Tata Consumer Products were among the leading Nifty gainers. Meanwhile, SBI's Q2 FY27 results, Marico's earnings performance and the listings of BLS Polymers and SFC Environmental Technologies remained important market developments.

The benchmarks completed their fourth consecutive positive session, supported by easing crude oil prices and improved investor sentiment. However, the relatively modest gains in small-cap stocks showed that the recovery was not uniform across the market.

Investors can track benchmark indices, sector performance, top gainers, losers and active stocks through the Stock Market Dashboard.

Stock Market Today: Sensex, Nifty 50 and Bank Nifty Closing Highlights

Indian benchmark indices extended their recovery on 3 November, with the Sensex and Nifty 50 finishing at their respective intraday highs. The Nifty reclaimed the 23,800 level, while the Sensex crossed 76,900.

Stock Market Closing Levels on 3 November 2026

Index	Closing level	Change
BSE Sensex	76,917.85	+1,225.07 (+1.62%)
Nifty 50	23,810.85	+370.05 (+1.58%)
Bank Nifty	55,540.05	+537.85 (+0.98%)

Sources: Sensex, Nifty 50 and Nifty Bank. Closing figures were also corroborated by market reports published on 3 November 2026.

The Sensex had closed at 75,692.78 on 2 November, while Nifty 50 stood at 23,440.80 and Bank Nifty at 55,002.20.

Tuesday's gains followed Monday's strong rally, but the leading sectors changed considerably. While Reliance Industries and metals had driven the previous session, FMCG companies, private banks and consumer-oriented businesses attracted greater buying interest on Tuesday.

Why Did the Indian Stock Market Rise Today?

The Indian stock market rose on 3 November 2026 due to lower crude oil prices, buying in FMCG and banking stocks, institutional inflows in the previous session and expectations surrounding a possible review of capital gains taxation.

Five developments influenced market sentiment.

• Sharp decline in crude oil prices: Brent crude settled at approximately $104.77 per barrel on 2 November, falling around 7.6%. Reports of possible diplomatic progress between the United States and Iran eased immediate concerns about supply disruptions. Lower crude prices can reduce India's import costs and inflationary pressure, although geopolitical risks remain.

• Strong buying in FMCG stocks: Nestlé India, Tata Consumer Products, Hindustan Unilever and ITC recorded gains. The Nifty FMCG index surged 3.65%, making it the strongest major sectoral performer.

• Private banking stocks supported the rally: HDFC Bank, ICICI Bank and Axis Bank advanced, helping the Nifty Private Bank index gain 1.98%.

• Capital gains tax review expectations: Comments about considering requests to review long-term capital gains taxation contributed to market optimism. However, no confirmed tax-rate change had been announced. Investors should distinguish a possible policy review from an implemented decision.

• Sector rotation and previous-session FII buying: Buying interest shifted towards domestic consumption, realty and private financial companies. Foreign institutional investors had also purchased equities worth ₹3,114.68 crore on 2 November, supporting sentiment ahead of Tuesday's trading.

The rally was therefore driven by several factors rather than a single stock or announcement. However, losses in PSU banks, metals and selected energy companies indicated continued differences in sectoral performance.

Nifty 50 Top Gainers and Losers Today, 3 November 2026

The Nifty 50 closed at 23,810.85, gaining 1.58%. Of its 50 constituents, 39 advanced, 10 declined and one remained unchanged.

BSE Ltd led the index, while Power Grid Corporation of India recorded the largest decline.

Top Nifty 50 Gainers Today

Stock	Share Price and Change
BSE Ltd	₹3,665.70 (+5.03%)
Nestlé India	₹1,248.40 (+4.47%)
Tata Consumer Products	₹1,073.00 (+4.29%)
Asian Paints	₹2,437.80 (+3.99%)
Bharti Airtel	₹2,065.00 (+3.77%)

BSE Ltd was the top Nifty 50 gainer, rising 5.03%. Nestlé India and Tata Consumer Products gained more than 4% each, reflecting strong buying interest in consumption-linked businesses.

Asian Paints and Bharti Airtel also contributed to the index's advance.

Top Nifty 50 Losers Today

Stock	Share Price and Change
Power Grid	₹259.55 (−3.04%)
SBI	₹970.25 (−1.70%)
ONGC	₹232.17 (−1.13%)
Infosys	₹1,148.10 (−1.11%)
Adani Enterprises	₹2,593.30 (−0.85%)

Power Grid emerged as the biggest Nifty loser, declining 3.04%.

SBI fell 1.70% despite reporting higher quarterly net profit. ONGC also declined, while Infosys and Adani Enterprises recorded smaller losses.

The contrast between rising benchmark indices and declining individual stocks highlights why investors should examine sector and company-specific developments alongside overall market movements.

Source: Finology Ticker Nifty 50.

Sensex Top Gainers and Losers on 3 November 2026

The BSE Sensex gained 1,225.07 points to close at 76,917.85. Buying in private banks, consumer companies and telecommunications stocks supported the index.

Top 5 Sensex Gainers

Stock	Share Price and Change
Asian Paints	₹2,437.80 (+3.99%)
Bharti Airtel	₹2,065.00 (+3.77%)
HDFC Bank	₹725.50 (+3.64%)
Hindustan Unilever	₹1,962.80 (+3.40%)
ITC	₹273.90 (+2.82%)

Asian Paints led the Sensex gainers, followed by Bharti Airtel and HDFC Bank.

HDFC Bank's rise was particularly important because of its substantial weight in the benchmark. Hindustan Unilever and ITC also benefited from buying interest in consumer businesses.

ITC gained 2.82% despite reporting lower quarterly profit, showing that short-term share-price movements do not necessarily follow the direction of reported earnings.

Top 5 Sensex Losers

Stock	Share Price and Change
Power Grid	₹259.55 (−3.04%)
SBI	₹970.25 (−1.70%)
Infosys	₹1,148.10 (−1.11%)
Tata Steel	₹176.50 (−0.49%)
NTPC	₹321.55 (−0.45%)

Power Grid, SBI and Infosys remained among the main declining Sensex stocks. Tata Steel and NTPC also finished lower.

The losses in these companies were outweighed by gains in banking, FMCG and other index-heavy stocks.

Source: Finology Ticker BSE Sensex.

Bank Nifty Today: Private Banks Rise, SBI and PSU Banks Decline

Bank Nifty increased 537.85 points, or 0.98%, to close at 55,540.05 on 3 November 2026.

However, banking-sector performance was divided. Private banks recorded substantial gains, while several public-sector banks declined.

Leading Banking Stock Gainers

Bank	Share Price and Change
HDFC Bank	₹725.50 (+3.64%)
ICICI Bank	₹1,424.50 (+2.67%)
IndusInd Bank	₹856.75 (+2.18%)
Axis Bank	₹1,232.70 (+1.96%)
Kotak Mahindra Bank	₹464.65 (+1.37%)

HDFC Bank recorded the strongest gain among these private banking stocks. ICICI Bank and IndusInd Bank also advanced by more than 2%.

The Nifty Private Bank index gained 1.98%, outperforming Bank Nifty's 0.98% increase.

Leading Banking Stock Losers

Bank	Share Price and Change
State Bank of India	₹970.25 (−1.70%)
Punjab National Bank	₹120.97 (−1.70%)
Union Bank of India	₹183.20 (−1.51%)
Canara Bank	₹117.50 (−1.38%)
YES Bank	₹15.38 (−1.22%)

SBI's decline was notable because the lender announced a 14.28% increase in standalone quarterly profit.

The Nifty PSU Bank index fell 1.27%, suggesting that investors were differentiating between private and public-sector lenders.

For banking investors, the key factors remain credit growth, deposit mobilisation, net interest margins, asset quality and the sustainability of earnings.

Source: Finology Ticker Nifty Bank

Stock Market Sector Performance Today: FMCG Leads, PSU Banks Lag

Sectoral performance on 3 November showed a clear shift towards domestic consumption and private financial companies.

The Nifty FMCG index was the strongest performer, followed by realty, private banking and financial services. Metals and PSU banks were the two main declining sectoral indices.

Nifty Sectoral Indices on 3 November 2026

Sector index	Daily change
Nifty FMCG	+3.65%
Nifty Realty	+2.33%
Nifty Private Bank	+1.98%
Nifty Financial Services	+1.84%
Nifty Auto	+1.71%
Nifty Infrastructure	+1.10%
Nifty Bank	+0.98%
Nifty Media	+0.49%
Nifty Pharma	+0.42%
Nifty IT	+0.34%
Nifty Metal	−0.14%
Nifty PSU Bank	−1.27%

Why Did FMCG Stocks Outperform?

The Nifty FMCG index rose 3.65%, supported by gains in Nestlé India, Tata Consumer Products, Hindustan Unilever and ITC.

FMCG companies attracted buying interest as investors shifted towards consumption-related businesses.

Meanwhile, realty gained 2.33%, while financial services and automobiles also participated in the advance.

In contrast, Nifty Metal declined 0.14% after participating in Monday's rally. PSU banks underperformed despite positive headline banking-sector performance.

Want to compare stocks across industries? Check the Sector Wise Stocks List.

Broader Market Today: Midcap and Smallcap Stocks Advance

The broader market also finished higher on 3 November, although gains were smaller than those recorded by the Sensex and Nifty 50.

Midcap and Smallcap Closing Performance

Index	Closing Level and Change
Nifty Midcap 100	58,596.25 (+1.06%)
Nifty Smallcap 100	18,652.85 (+0.31%)
Nifty Smallcap 250	17,061.65 (+0.42%)
Nifty Next 50	69,624.35 (+0.96%)

The Nifty Midcap 100 gained 612.85 points, or 1.06%, while the Smallcap 100 advanced only 0.31%.

The difference indicates that large-cap stocks outperformed smaller companies during the session.

Market Breadth and Investor Wealth

The Nifty 50 recorded 39 advancing stocks, 10 declining stocks and one unchanged constituent.

Across the wider market, 57 stocks touched their 52-week highs, while 94 reached their 52-week lows during the session.

The market capitalisation of NSE-listed companies increased by approximately ₹4.71 lakh crore to ₹483.1 lakh crore.

These figures show that the benchmark rally was accompanied by an increase in overall market value. However, the higher number of 52-week lows compared with highs suggests that weakness persisted in parts of the broader market.

Stocks at 52-Week Highs and Lows on 3 November 2026

Several stocks appeared on the day's 52-week-high and 52-week-low lists, reflecting company-specific price movements despite the broader market rally.

Notable Stocks on the 52-Week-High List

Stock	Share price
Multi Commodity Exchange	₹3,493.00
Divi's Laboratories	₹10,030.00
Bosch	₹49,700.00
Ather Energy	₹1,798.30
Eternal	₹349.65

Stock	Day's high
Multi Commodity Exchange	₹3,537.00
Divi's Laboratories	₹10,035.00
Bosch	₹50,470.05
Ather Energy	₹1,808.95
Eternal	₹350.00

Multi Commodity Exchange, Divi's Laboratories, Bosch, Ather Energy and Eternal were among the stocks appearing on the high list.

Source: Finology Ticker 52-Week High.

Notable Stocks on the 52-Week-Low List

Stock	Share price
KEC International	₹316.40
PB Fintech	₹923.10
Escorts Kubota	₹2,445.50
Zee Entertainment	₹61.62
REC	₹284.10

Stock	Day's low
KEC International	₹311.00
PB Fintech	₹916.60
Escorts Kubota	₹2,380.00
Zee Entertainment	₹60.95
REC	₹282.60

The presence of stocks near annual lows during a strong benchmark session highlights the importance of evaluating individual businesses rather than relying exclusively on index performance.

Source: Finology Ticker 52-Week Low.

Q2 FY27 Results Today: SBI, ITC and Marico in Focus

Corporate earnings remained an important influence on individual stocks during the trading session.

State Bank of India announced its Q2 FY27 results on 3 November, while ITC and Marico had reported their September-quarter financial performance on 2 November.

Key Q2 FY27 Financial Results

Company	Financial Performance and YoY Change
SBI	Standalone PAT ₹23,037.95 crore (+14.28%)
ITC	Consolidated PAT ₹4,229.33 crore (−18.45%)
Marico	Consolidated revenue ₹3,897 crore (+13.0%)
Marico	Consolidated PAT ₹558 crore (+29.2%)

SBI Q2 FY27 Results: Profit Rises 14%, Shares Fall

State Bank of India reported a standalone net profit of ₹23,037.95 crore in Q2 FY27, compared with approximately ₹20,159.67 crore in the corresponding quarter last year.

Profit increased 14.28% year-on-year, supported by higher net interest income, lower provisions and an exceptional gain.

Key financial developments included net interest income increasing 14.7% to approximately ₹49,143 crore, provisions and contingencies declining nearly 22%, and the gross non-performing asset ratio improving to 1.39%.

However, SBI's results included a one-time pre-tax gain of approximately ₹7,288 crore associated with the sale of a stake in SBI Funds Management. This distinction is important because exceptional income is not necessarily repeatable in subsequent quarters.

Despite the higher reported profit, SBI shares declined 1.70% to ₹970.25 on Tuesday.

Investors should monitor core operating profit, deposit and credit growth, net interest margins, asset quality and earnings excluding exceptional gains.

ITC Q2 FY27 Results: Profit Declines Despite Revenue Growth

ITC reported consolidated net profit of ₹4,229.33 crore for the September 2026 quarter, representing an 18.45% year-on-year decline.

Revenue from operations increased approximately 43.85% to ₹30,578.40 crore.

However, the reported revenue growth was substantially influenced by higher cigarette excise duty included in revenue. Consequently, the headline increase should not be interpreted as equivalent underlying business growth.

Profitability was affected by weakness in the cigarette business, while non-cigarette FMCG and other segments recorded growth.

ITC shares gained 2.82% to ₹273.90 despite the decline in quarterly profit.

For investors, cigarette sales volumes, taxation, operating margins and non-cigarette FMCG profitability remain important indicators.

Marico Q2 FY27 Results: Revenue and Profit Growth Support Shares

Marico reported consolidated revenue of ₹3,897 crore in Q2 FY27, representing approximately 13% year-on-year growth.

Consolidated net profit increased 29.2% to ₹558 crore.

The company reported underlying domestic volume growth of approximately 10%, while international operations recorded around 13% constant-currency growth.

Improving gross margins and stronger volume growth supported its operating performance.

Following the results, Marico shares recorded a strong rise of approximately 9–10% during Tuesday's session, although the exact percentage varied across market-data snapshots.

Investors should monitor domestic demand, raw-material costs, advertising expenditure and the sustainability of operating margins.

Other Important Stock Market and Corporate News

RITES: The infrastructure consultancy company emerged as the lowest bidder for a Sri Lanka Railways project valued at approximately ₹400 crore. Being the lowest bidder does not automatically mean the contract has been formally awarded.

Lupin: The pharmaceutical company received USFDA approval for Amifampridine tablets, adding another regulatory development to its pharmaceutical portfolio.

NMDC: The mining company reported approximately 18% year-on-year growth in iron-ore production during October 2026.

These developments remain relevant for assessing company-specific order pipelines, regulatory approvals and operating performance.

IPO News Today, 3 November 2026: BLS Polymers and SFC Environmental List

The Indian primary market remained active on Tuesday, with BLS Polymers and SFC Environmental Technologies making their stock-market debuts.

Other developments included the closure of HGS India's SME IPO and the scheduled allotment of Bombay Coated & Special Steels.

BLS Polymers IPO Listing: Shares Debut at 65.33% Premium

BLS Polymers listed on the NSE and BSE on 3 November 2026 following strong investor demand during its IPO.

The company's ₹255 crore issue was entirely a fresh issue and had received a final subscription of approximately 241.22 times.

IPO detail	Value
IPO size	₹255 crore
Issue price	₹150
NSE listing price	₹248.00
NSE listing premium	65.33%
BSE listing price	₹244.10
BSE listing premium	62.73%
Final subscription	241.22 times

BLS Polymers shares also touched an intraday high of approximately ₹285.25, representing a gain of more than 90% over the IPO issue price.

However, this was an intraday price and should not be confused with the stock's first-day closing price.

The company intends to deploy its fresh-issue proceeds towards manufacturing expansion, capacity additions and working-capital requirements.

The key factors to monitor include the execution of expansion plans, capacity utilisation, working-capital requirements and profitability following the listing.

SFC Environmental Technologies IPO Lists at 7.61% Premium

SFC Environmental Technologies also listed on 3 November 2026.

The company operates in wastewater treatment, recycling and solid-waste management solutions.

IPO detail	Value
IPO size	₹667.53 crore
Fresh issue	₹150 crore
Offer for sale	₹517.53 crore
Issue price	₹330
NSE listing price	₹355.10
NSE listing premium	7.61%
BSE listing price	₹354.05
BSE listing premium	7.29%

SFC Environmental Technologies made a positive debut, although its listing premium was substantially lower than that recorded by BLS Polymers.

The company plans to allocate approximately ₹42.23 crore from its fresh-issue proceeds towards debt repayment and ₹74.92 crore towards working capital.

For investors, order-book execution, project profitability, receivables and working-capital management remain important considerations.

HGS India SME IPO Closes with Strong Demand

HGS India's SME IPO closed for subscription on 3 November 2026.

The ₹34.56 crore offering comprised 28.80 lakh equity shares, including 23.26 lakh fresh-issue shares and 5.54 lakh shares offered for sale.

IPO detail	Value
Issue size	₹34.56 crore
Price band	₹114–120
Lot size	1,200 shares
Subscription at 3:30 PM	Approximately 219 times
Scheduled listing	6 November 2026

The issue had attracted approximately 219 times subscription by 3:30 PM IST on the final bidding day.

This was an exchange-derived bidding snapshot rather than a final registrar-certified subscription figure.

The scheduled listing date was 6 November 2026.

Bombay Coated & Special Steels IPO Allotment

Bombay Coated & Special Steels' ₹183.06 crore IPO closed on 2 November 2026.

The offering received strong investor demand, with overall subscription reaching approximately 60.77 times.

Non-institutional investors subscribed 158.32 times their reserved portion.

The company intends to utilise approximately ₹125 crore of fresh-issue proceeds for debt repayment and ₹15.77 crore towards specified equipment-related payments.

The IPO allotment was scheduled for 3 November, while listing was expected on 5 November 2026. Completion of the allotment process had not been independently confirmed at the reporting cut-off.

Other Upcoming IPOs in November 2026

Several IPO-related events remain scheduled over the next few trading sessions.

IPO	Upcoming development
M.K. Sons Fine Jewels	Expected listing on 4 November
Bombay Coated & Special Steels	Expected listing on 5 November
HGS India	Expected listing on 6 November
Vedant Poly Fabs	IPO closes on 4 November

Vedant Poly Fabs' SME IPO, valued at approximately ₹56.68 crore, remained open on Tuesday with a price band of ₹88–94 per share.

The retrieved second-day subscription snapshot showed approximately 0.4 times subscription at 10:05 AM IST. This was an early observation, not the final second-day subscription figure.

Investors following these issues should distinguish between subscription demand, allotment status, listing premiums and subsequent stock-market performance.

Looking for upcoming listings? Check the latest IPO updates.

FII and DII Data: Institutional Investor Activity

Foreign and domestic institutional investor activity remains an important indicator of cash-market participation.

At the reporting cut-off, reliably verified combined provisional FII and DII cash-market figures for 3 November 2026 were not available.

The latest independently verified figures were for Monday, 2 November.

Latest Verified FII and DII Cash-Market Data

Investor category	Session and Net Activity
FII/FPI	2 November 2026: +₹3,114.68 crore
DII	2 November 2026: −₹392.20 crore

Foreign institutional investors were net buyers of Indian equities on 2 November, while domestic institutional investors recorded net selling.

These figures refer exclusively to the previous trading session and should not be interpreted as institutional flows for 3 November.

The official 3 November data, once available, would provide additional clarity on whether foreign buying continued during Tuesday's rally.

What Should Investors Watch on 4 November 2026?

The Sensex and Nifty have completed four consecutive positive sessions, but continued momentum will depend on market participation, corporate earnings and global developments.

The following factors deserve attention in the next trading session.

Area	What investors should monitor
Nifty 50	Whether the index sustains its close above 23,800
Sensex	Continuation of buying after four positive sessions
Bank Nifty	Whether private banks continue to outperform PSU banks
FMCG stocks	Sustainability of the recent rise in consumption companies
SBI	Core earnings after excluding exceptional income
ITC	Cigarette volumes, excise duty impact and operating margins
Marico	Domestic volume growth and raw-material cost trends
Crude oil	Further US–Iran diplomatic developments and oil-price volatility
IPO market	M.K. Sons Fine Jewels listing and Vedant Poly Fabs subscription
FII/DII activity	Official 3 November institutional cash-market flows

The Nifty 50's close above 23,800 is an important reference point for monitoring the continuation of the current rally. It should not, however, be treated as a guarantee of further gains.

Investors should also monitor whether the recovery broadens beyond index-heavy stocks into mid-cap and small-cap companies.

Stock Market Today: Final Market Summary

The Indian stock market ended strongly on 3 November 2026, with the Sensex rising 1,225 points, Nifty 50 advancing 370 points and Bank Nifty gaining 538 points.

The benchmarks recorded their fourth consecutive positive session, supported by FMCG, realty and private banking stocks.

BSE Ltd, Nestlé India and Tata Consumer Products led the Nifty gainers, while Power Grid, SBI and ONGC remained under pressure.

Corporate earnings also influenced individual stocks. SBI reported higher quarterly profit but declined following results that included substantial exceptional income. Marico attracted strong buying after reporting double-digit revenue and profit growth.

The IPO market remained active, with BLS Polymers listing at a 65.33% premium and SFC Environmental Technologies recording a 7.61% NSE listing gain.

For investors, the key question is whether strong benchmark performance will translate into broader participation as corporate earnings, institutional flows and crude oil developments continue to influence sentiment.

Frequently Asked Questions (FAQs)

1. Why did the Indian stock market rise today, 3 November 2026?

The Indian stock market rose on 3 November 2026 due to easing crude oil prices, buying in FMCG and private banking stocks, and positive investor sentiment. Expectations of a possible long-term capital gains tax review also contributed. The Sensex gained 1.62%, while the Nifty 50 advanced 1.58%.

2. What were the Sensex, Nifty 50 and Bank Nifty closing levels on 3 November 2026?

On 3 November 2026, the Sensex closed at 76,917.85, gaining 1,225.07 points. The Nifty 50 ended at 23,810.85, rising 370.05 points, while Bank Nifty advanced 537.85 points to close at 55,540.05.

3. Which stocks were the top gainers and losers today?

BSE Ltd was the top Nifty 50 gainer on 3 November 2026, rising 5.03% to ₹3,665.70. Nestlé India, Tata Consumer Products, Asian Paints and Bharti Airtel were the other leading gainers. Power Grid was the biggest loser, falling 3.04%, followed by SBI, ONGC, Infosys and Adani Enterprises.

4. Which sectors performed the best and worst on 3 November 2026?

Nifty FMCG was the best-performing major sector on 3 November 2026, rising 3.65%. Realty gained 2.33%, while private banking advanced 1.98%. Nifty PSU Bank was the weakest major sector, falling 1.27%, followed by Nifty Metal, which declined 0.14%.

5. What were the major IPO developments on 3 November 2026?

BLS Polymers listed at ₹248 on the NSE, a premium of 65.33% over its ₹150 issue price. SFC Environmental Technologies listed at ₹355.10, gaining 7.61% over its ₹330 issue price. HGS India's SME IPO closed for subscription, while Bombay Coated & Special Steels had its allotment scheduled for 3 November.