The Indian stock market extended its winning streak to five consecutive sessions on Wednesday, 4 November 2026. The BSE Sensex gained 383.55 points (0.50%) to close at 77,301.40, while the Nifty 50 rose 149.75 points (0.63%) to settle at 23,960.60. Bank Nifty also advanced 0.67% to 55,913.60, supported by buying in selected banking stocks.
Bharat Electronics (BEL), Adani Enterprises and Titan Company led the Nifty 50 gainers, while TCS, HCL Technologies and Infosys remained under selling pressure. Defence, metals, FMCG and media stocks supported the broader market recovery.
The Stock Market Today update also includes mixed Q2 FY27 results from Lupin and Zydus Lifesciences, fresh IPO developments and institutional investor activity. Despite the continued rally, Nifty remained below the important 24,000 level, making sector participation and earnings performance key indicators for the next trading session.
Stock Market Today: Key Highlights
The Indian equity market recorded another positive session on 4 November 2026, although performance varied considerably across sectors.
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Five consecutive positive sessions: Sensex and Nifty extended their recovery, reaching their highest closing levels in approximately two months.
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Nifty approached 24,000: The index finished just 39.40 points below this closely watched level.
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BEL led the rally: Bharat Electronics gained 4.71%, followed by Adani Enterprises at 4.47% and Titan Company at 4.22%.
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IT stocks underperformed: TCS, HCL Technologies and Infosys declined, limiting gains in the benchmarks.
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Banking stocks advanced selectively: AU Small Finance Bank, YES Bank and HDFC Bank gained, while Kotak Mahindra Bank declined.
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Corporate earnings remained mixed: Lupin and Zydus Lifesciences reported revenue growth but lower year-on-year profits.
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IPO activity continued: M.K. Sons Fine Jewels listed at a 5.56% premium, while Vedant Poly Fabs reached its final subscription day.
The combination of stronger benchmark indices and weakness in technology stocks indicates that buying remained selective rather than uniform across sectors.
Sensex, Nifty 50 and Bank Nifty Closing Levels
The Indian equity benchmarks finished higher on 4 November 2026, continuing the recovery recorded during the previous four trading sessions.
| Index |
Closing level |
Daily change |
| BSE Sensex |
77,301.40 |
+383.55 (+0.50%) |
| Nifty 50 |
23,960.60 |
+149.75 (+0.63%) |
| Bank Nifty |
55,913.60 |
+373.55 (+0.67%) |
Source: Finology Ticker Sensex, Nifty 50 and Nifty Bank, based on supplied readings for 4 November 2026.
Sensex Today: Closes Above 77,300
The Sensex advanced from 76,917.85 on 3 November to 77,301.40 on 4 November, recording a gain of 383.55 points.
Bharat Electronics, Titan Company, Bajaj Finance and Adani Ports were among the leading percentage gainers. However, weakness in major IT companies restricted the index's advance.
Nifty 50 Today: Closes at 23,960.60
Nifty 50 increased from 23,810.85 to 23,960.60, gaining 149.75 points.
The index closed 39.40 points, or approximately 0.16%, below 24,000. Although this is a closely monitored round-number level, a move above it would not independently establish a sustained market breakout.
Bank Nifty Today: Gains 0.67%
Bank Nifty closed at 55,913.60, compared with 55,540.05 in the previous session.
Gains in HDFC Bank and selected smaller banking stocks supported the index. However, declines in Kotak Mahindra Bank and marginal weakness in ICICI Bank and Axis Bank indicated uneven participation.
Investors can monitor daily benchmark movements, sector trends and individual stocks through the Finology Ticker Stock Market Dashboard.
Why Did the Stock Market Rise Today?
The stock market rose on 4 November 2026 as buying in defence, metals, consumption-linked businesses and selected financial stocks outweighed weakness in IT companies.
Several developments influenced trading.
1. Defence and Capital-Goods Stocks Attracted Buying
Bharat Electronics emerged as the strongest Nifty 50 performer, gaining 4.71% to Rs 398.
The rise in BEL and other selected industrial stocks supported market sentiment. However, BEL's one-day share price movement should not be interpreted as evidence of a change in its order book or earnings outlook without a corresponding company disclosure.
2. Foreign Institutional Buying Supported Sentiment
Foreign institutional investors were net buyers of Rs 6,836.81 crore on 3 November 2026, the preceding trading session.
This marked a positive institutional-flow signal, although it does not establish that foreign investors were net buyers on 4 November.
The sustainability of foreign investment flows remains important because large institutional transactions can influence benchmark indices and market liquidity.
3. FMCG, Metals and Realty Stocks Advanced
Buying extended across consumption-linked businesses, metal companies and real estate stocks.
The Nifty Media index was also among the strongest sectoral performers, suggesting that the day's gains were not limited to banking and defence.
However, without consistent closing percentage changes for every sector, the precise contribution of each sector to the overall rally cannot be established.
4. IT Stocks Restricted the Rally
Information technology companies remained under pressure.
TCS declined 2.52%, HCL Technologies fell 2.37% and Infosys lost 1.73%.
The simultaneous decline in these major IT companies indicates sector-wide weakness during the session. However, the available data does not establish a single company-specific or macroeconomic cause for the selling.
5. Global Events Remained in Focus
Investors monitored developments surrounding the US midterm elections and their potential implications for trade policy, global capital flows and financial markets.
Brent crude was quoted near $103.11 per barrel during the morning, down approximately 0.48% at the reported observation time.
Lower crude prices can benefit India's import bill and certain oil-consuming industries. However, the morning price should not be treated as the day's final settlement.
Nifty 50 Top Gainers and Losers Today
Bharat Electronics, Adani Enterprises and Titan Company were the three leading Nifty 50 gainers on 4 November 2026. Meanwhile, TCS, HCL Technologies and Coal India recorded the largest declines among the reported constituents.
Top 5 Nifty 50 Gainers (4 November 2026)
| Stock |
Share Price and Change |
| Bharat Electronics |
₹398.00 (+4.71%) |
| Adani Enterprises |
₹2,709.20 (+4.47%) |
| Titan Company |
₹4,754.40 (+4.22%) |
| Jio Financial Services |
₹222.27 (+3.73%) |
| Max Healthcare Institute |
₹927.15 (+3.53%) |
BEL led the gainers, while Adani Enterprises and Titan Company each advanced more than 4%.
The presence of companies from defence, diversified businesses, jewellery retail, financial services and healthcare indicates that buying extended across several industries.
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Top 5 Nifty 50 Losers (4 November 2026)
| Stock |
Share Price and Change |
| TCS |
₹2,436.00 (-2.52%) |
| HCL Technologies |
₹1,405.00 (-2.37%) |
| Coal India |
₹399.65 (-2.05%) |
| BSE Ltd |
₹3,601.50 (-1.75%) |
| Infosys |
₹1,128.20 (-1.73%) |
TCS was the biggest Nifty 50 loser, followed by HCL Technologies.
BSE Ltd also declined after gaining 5.03% in the previous session, illustrating how individual stocks can experience short-term reversals even during a broader market recovery.
The key takeaway is that the Nifty's positive close was accompanied by considerable divergence between sectors.
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Source: Finology Ticker Nifty 50.
Sensex Top Gainers and Losers
The Sensex also witnessed gains in defence, consumer discretionary and financial stocks, while IT companies remained the main drag.
Top Sensex Gainers (4 November 2026)
| Stock |
Share Price and Change |
| Bharat Electronics |
₹398.00 (+4.71%) |
| Titan Company |
₹4,754.40 (+4.22%) |
| Bajaj Finance |
₹994.00 (+2.47%) |
| Adani Ports |
₹1,910.00 (+2.31%) |
| InterGlobe Aviation |
₹5,140.80 (+2.30%) |
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Top Sensex Losers (4 November 2026)
| Stock |
Share Price and Change |
| TCS |
₹2,436.00 (-2.52%) |
| HCL Technologies |
₹1,405.00 (-2.37%) |
| Infosys |
₹1,128.20 (-1.73%) |
| Eternal |
₹344.50 (-1.42%) |
| Kotak Mahindra Bank |
₹459.40 (-1.13%) |
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Bharat Electronics and Titan Company led the percentage gainers, while Bajaj Finance and Adani Ports also finished higher.
The declines in TCS, HCL Technologies and Infosys highlight the continuing weakness in IT stocks.
Importantly, the stocks with the largest percentage gains are not necessarily those contributing the most index points, because the Sensex is a free-float market-capitalisation-weighted index.
Source: Finology Ticker BSE Sensex.
Bank Nifty Performance Today
Bank Nifty gained 373.55 points, or 0.67%, to close at 55,913.60 on 4 November 2026.
AU Small Finance Bank was the leading percentage gainer among the reported Bank Nifty constituents, while Kotak Mahindra Bank recorded the largest decline.
Bank Nifty Top Gainers (4 November 2026)
| Stock |
Share Price and Change |
| AU Small Finance Bank |
₹904.35 (+2.77%) |
| YES Bank |
₹15.73 (+2.28%) |
| IDFC First Bank |
₹74.73 (+2.09%) |
| HDFC Bank |
₹736.70 (+1.54%) |
| Punjab National Bank |
₹122.42 (+1.20%) |
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Bank Nifty Top Losers (4 November 2026)
| Stock |
Share Price and Change |
| Kotak Mahindra Bank |
₹459.40 (-1.13%) |
| Axis Bank |
₹1,232.00 (-0.06%) |
| ICICI Bank |
₹1,424.10 (-0.03%) |
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What Does the Banking Performance Indicate?
Bank Nifty's positive close suggests that buying in selected constituents outweighed weakness elsewhere.
HDFC Bank gained 1.54%, while AU Small Finance Bank, YES Bank and IDFC First Bank advanced more than 2%.
However, Kotak Mahindra Bank declined 1.13%, while ICICI Bank and Axis Bank ended marginally lower.
This divergence matters because sustained banking-sector strength generally requires participation from multiple large constituents rather than isolated gains in smaller banks.
Investors should monitor credit growth, deposit mobilisation, net interest margins and asset quality alongside short-term share price movements.
Source: Finology Ticker Nifty Bank
Sectoral Performance and Broader Market
The Indian stock market witnessed gains across several sectors on 4 November 2026. Media, metals, realty and FMCG stocks advanced, while IT was the main underperforming sector.
Sector-Wise Stock Market Performance
Which Sector Performed Best Today?
Nifty Media was the strongest reported sectoral performer on 4 November 2026.
Metal, realty and FMCG indices also advanced, while Nifty IT declined.
The divergence indicates that investors favoured selected domestic and consumption-linked sectors over technology companies during the session.
Mid-Cap and Small-Cap Stocks
Broader market indices also advanced, indicating participation beyond the benchmark indices.
However, the supplied closing reports contained inconsistent percentage changes for the Nifty Midcap 100 and Nifty Smallcap 100. Exact closing levels and daily returns are therefore excluded pending reconciliation.
Similarly, an exchange-wide advances-to-declines count was not reliably established at the reporting cut-off.
For investors, the distinction matters because a rising benchmark does not always indicate broad participation across listed companies.
Want to compare stocks across industries? Check the Sector Wise Stocks List.
52-Week High and Low Stocks
Several stocks appeared on Finology Ticker's 52-week-high and 52-week-low lists on 4 November 2026.
These lists help investors identify stocks trading near their highest or lowest prices over the preceding 52 weeks. However, inclusion in either category does not independently indicate whether a stock is undervalued or overvalued.
Notable Stocks on the 52-Week-High List
| Stock |
Displayed price (Rs) |
| Marico |
888.20 |
| Ather Energy |
1,820.00 |
| Adani Ports |
1,907.10 |
| Bosch |
50,800.00 |
| Divi's Laboratories |
10,036.00 |
| Stock |
Day's high (Rs) |
| Marico |
895.25 |
| Ather Energy |
1,820.00 |
| Adani Ports |
1,921.00 |
| Bosch |
51,249.85 |
| Divi's Laboratories |
10,080.20 |
The list included companies from FMCG, electric mobility, ports, automotive components and pharmaceuticals.
Source: Finology Ticker 52-Week High.
Notable Stocks on the 52-Week-Low List
| Stock |
Displayed price (Rs) |
| AIA Engineering |
3,224.65 |
| KEC International |
321.35 |
| REC |
286.95 |
| Clean Science & Technology |
657.00 |
| Finolex Industries |
143.45 |
| Stock |
Day's low (Rs) |
| AIA Engineering |
3,212.00 |
| KEC International |
299.00 |
| REC |
281.80 |
| Clean Science & Technology |
645.30 |
| Finolex Industries |
137.00 |
The presence of stocks on both lists during a positive market session illustrates the uneven performance of individual companies.
Investors should evaluate earnings trends, valuations, debt and business fundamentals before interpreting a 52-week high or low as an investment signal.
Source: Finology Ticker 52-Week Low.
Q2 FY27 Results and Corporate News
Corporate earnings remained an important influence on stock-specific sentiment on 4 November 2026.
Lupin and Zydus Lifesciences reported higher year-on-year revenue but lower profitability, highlighting the difference between sales growth and earnings growth.
Major Q2 FY27 Results
| Company |
Q2 FY27 Financials |
| Lupin |
Revenue: Rs 7,827.30 crore; Net profit: Rs 1,155.30 crore |
| Zydus Lifesciences |
Revenue: Rs 7,909.60 crore; Net profit: Rs 925.50 crore |
These are the consolidated Q2 FY27 figures supplied for the two companies. Zydus figures require final confirmation against its official filing.
Lupin Q2 FY27 Results: Revenue Rises 11.1%, Profit Falls 22.2%
Lupin reported consolidated revenue from operations of Rs 7,827.30 crore in Q2 FY27, increasing 11.1% from the corresponding quarter last year.
However, profit after tax declined 22.2% to Rs 1,155.30 crore.
| Financial metric |
Q2 FY27 and YoY Change |
| Revenue from operations |
Rs 7,827.30 crore (+11.1%) |
| EBITDA |
Rs 2,171.20 crore (−10.7%) |
| EBITDA margin |
27.9% (−770 bps) |
| PAT |
Rs 1,155.30 crore (−22.2%) |
Source: Lupin official Q2 FY27 results announcement.
Lupin's US sales grew 9.3%, while India sales increased 14.7%.
Despite stronger sales, EBITDA declined, indicating that operating costs increased faster than revenue.
Consequently, EBITDA margin contracted from 35.6% to 27.9%, a decline of 770 basis points.
The company's reported EBITDA calculation should be considered when comparing profitability with other pharmaceutical businesses, as definitions can differ.
What investors should track: US sales growth, product launches, personnel costs, R&D spending and the pace of operating-margin recovery.
Zydus Lifesciences Q2 FY27 Results: Revenue Growth Outpaces Profit
Zydus Lifesciences reported consolidated revenue of approximately Rs 7,909.60 crore for Q2 FY27, representing year-on-year growth of 29.2%, according to the supplied earnings data.
Consolidated net profit declined 26.6% to Rs 925.50 crore, compared with Rs 1,260.90 crore in the previous-year quarter.
The contrasting growth rates indicate that higher revenue did not translate into higher reported profitability.
Based on the supplied figures, the reported net profit margin was approximately 11.7%.
However, a complete assessment of the decline requires reconciliation of operating expenses, other income, tax and any exceptional items against the company's official filing.
What investors should track: US formulations, domestic pharmaceutical growth, product mix, research expenditure and operating profitability.
The contrasting results from Lupin and Zydus demonstrate why investors should evaluate EBITDA, margins and earnings quality alongside headline revenue growth.
IPO News Today
India's primary market remained active on 4 November 2026, with M.K. Sons Fine Jewels making its stock-market debut and Vedant Poly Fabs reaching the final day of its subscription period.
M.K. Sons Fine Jewels IPO Listing
M.K. Sons Fine Jewels reportedly listed at Rs 171 per share on 4 November 2026, compared with its IPO issue price of Rs 162.
This represented a listing premium of approximately 5.56%.
| IPO particulars |
Details |
| Issue size |
Rs 275.40 crore |
| Fresh issue |
Rs 220.32 crore |
| Offer for sale |
Rs 55.08 crore |
| Issue price |
Rs 162 |
| Reported listing price |
Rs 171 |
| Listing premium |
+5.56% |
| Final subscription |
5.09 times |
The retail portion was subscribed 3.08 times, while the non-institutional investor category received 14.12 times subscription.
The listing premium indicates a positive debut relative to the issue price. However, it does not establish the stock's subsequent performance or long-term valuation attractiveness.
The Rs 171 figure represents the reported opening price, not a separately verified first-day closing price.
Vedant Poly Fabs IPO: Subscription Closes
Vedant Poly Fabs reached its final subscription day on 4 November 2026.
| IPO particulars |
Details |
| Issue size |
Approximately Rs 56.68 crore |
| Price band |
Rs 88–94 |
| Lot size |
1,200 shares |
| Minimum application |
2,400 shares |
| Minimum investment at Rs 94 |
Rs 2,25,600 |
| Subscription closing date |
4 November 2026 |
| Expected allotment |
5 November 2026 |
| Expected listing |
9 November 2026 |
The minimum investment is calculated as 2,400 shares multiplied by the upper price band of Rs 94.
The final subscription multiple was not reliably established in the supplied data. Investors should refer to official exchange subscription figures before relying on demand-related claims.
Upcoming IPO Listings
| IPO |
Expected listing date |
| Bombay Coated & Special Steels |
5 November 2026 |
| Antala Industries |
5 November 2026 |
| HGS (India) |
6 November 2026 |
| Maxwell Engineering Solutions |
6 November 2026 |
| Vedant Poly Fabs |
9 November 2026 |
These dates reflect the supplied IPO calendar and remain subject to exchange confirmation.
Investors evaluating upcoming listings should examine issue valuations, subscription composition, business fundamentals and post-listing liquidity rather than relying exclusively on grey-market premiums.
Looking for upcoming listings? Check the latest IPO updates.
FII and DII Activity
The latest reconciled institutional cash-market data available for this briefing relates to 3 November 2026, the preceding trading session.
| Investor category |
Net activity |
| Foreign institutional investors (FII/FPI) |
+Rs 6,836.81 crore |
| Domestic institutional investors (DII) |
−Rs 3,678.85 crore |
Source: Provisional cash-market figures for 3 November 2026, as provided in the market briefing.
What Do the Institutional Flows Indicate?
Foreign institutional investors recorded net purchases of Rs 6,836.81 crore, while domestic institutional investors were net sellers of Rs 3,678.85 crore.
The difference between these two net figures was approximately Rs 3,157.96 crore in favour of foreign institutional buying.
This should not be interpreted as total market net inflow, because FII and DII transactions are only part of overall market activity.
The data indicates improved foreign institutional participation during the previous session, but one day of buying is insufficient to establish a sustained trend.
Important: These are 3 November figures. They should not be labelled as 4 November FII/DII flows.
What Investors Should Watch Next
Following five consecutive positive sessions, investors should monitor whether the market recovery becomes broader and whether corporate earnings support recent share price gains.
| Key area |
What to monitor |
| Nifty 50 |
Whether the index sustains levels near or above 24,000 |
| Sensex |
Continuation of the recent recovery |
| Bank Nifty |
Participation from major private-sector banks |
| IT sector |
Price trends in TCS, Infosys and HCL Technologies |
| Defence stocks |
BEL's performance and company disclosures |
| Pharmaceutical stocks |
Lupin and Zydus earnings margins |
| Crude oil |
International price movements |
| Foreign investment |
Verified institutional cash-market flows |
| IPO market |
Scheduled listings on 5 and 6 November |
Key Risks for the Market
The market's recent recovery does not eliminate short-term risks.
IT sector weakness could continue to affect benchmark performance, particularly because major technology companies carry meaningful index weights.
Corporate earnings also remain important. Strong revenue growth accompanied by declining margins, as seen in the reported pharmaceutical results, may affect how investors assess future profitability.
Global developments, crude oil volatility and changes in foreign institutional activity could influence near-term sentiment.
Finally, after five consecutive positive sessions, investors should distinguish between short-term price momentum and improvements in underlying business fundamentals.
Conclusion
The Indian stock market ended 4 November 2026 on a positive note, with the Sensex rising 383.55 points to 77,301.40 and the Nifty 50 gaining 149.75 points to 23,960.60.
BEL, Adani Enterprises and Titan led the Nifty gainers, while weakness in TCS, HCL Technologies and Infosys limited the broader advance. Media, metals, realty and FMCG stocks provided additional support.
The day's corporate results also highlighted an important distinction between revenue growth and profitability, particularly in the pharmaceutical sector.
For investors, the next session will be important for assessing whether Nifty can move sustainably above 24,000, whether IT stocks stabilise and whether the recovery continues to attract participation beyond a few leading sectors.
Frequently Asked Questions
1. Why did the Indian stock market rise today, 4 November 2026?
The Indian stock market rose because gains in defence, media, metals, FMCG and selected banking stocks outweighed weakness in IT companies. The Sensex gained 0.50% and Nifty 50 advanced 0.63%, extending their winning streak to five consecutive trading sessions.
2. What were the Sensex, Nifty 50 and Bank Nifty closing levels today?
On 4 November 2026, the Sensex closed at 77,301.40, up 383.55 points. Nifty 50 settled at 23,960.60, gaining 149.75 points, while Bank Nifty finished at 55,913.60, up 373.55 points.
3. Which stocks were the top gainers and losers today?
Among Nifty 50 stocks, Bharat Electronics (+4.71%), Adani Enterprises (+4.47%) and Titan Company (+4.22%) were the leading gainers. TCS (−2.52%), HCL Technologies (−2.37%) and Coal India (−2.05%) were the leading losers.
4. Which sector performed best in the stock market today?
Nifty Media was the strongest reported sectoral performer on 4 November 2026. Metal, realty and FMCG stocks also advanced, while Nifty IT declined by more than 1%.
5. What should investors watch in the stock market on 5 November 2026?
Investors should monitor whether Nifty 50 moves above 24,000, whether banking and IT stocks participate in the recovery, and whether recent gains are supported by broader market strength. Institutional flows, crude oil prices, corporate earnings and upcoming IPO listings will also remain important.