Nifty rises 1.68% to 23,440.80, VIX up 1.3%; Bank Nifty +0.58%. Pivot 23,363, support 23,285, resistance 23,519 for Tue.
Market status: overbought / oversold
Score 0 = oversold · 100 = overbought · daily RSI(14)Nifty 50
61Daily RSI(14) at the close; strong zone.
Bank Nifty
48.5Daily RSI(14) at the close; neutral zone.
Zones: 0–30 Oversold · 30–45 Weak · 45–55 Neutral · 55–70 Strong · 70–100 Overbought.
India at the close
2 Nov 2026Support & resistance for today
Floor pivots from 2 Nov high / low / closeNifty 50
Close 23,440.80Key resistance 23,519, then 23,597. Key support 23,285, then 23,129. Pivot 23,363.
Bank Nifty
Close 55,002.20Key resistance 55,172, then 55,341. Key support 54,707, then 54,413. Pivot 54,877.
Market analysis
- Nifty rose 387 points (+1.68%) to 23,440.80, closing above the day's pivot of 23,363. Bank Nifty +0.58% to 55,002.20 — banks lagged the market.
- Breadth: 728 advances to 239 declines among 967 liquid stocks (75% up) — a broad session.
- India VIX +1.29% to 15.50 — a ±1σ weekly move is about ±504 Nifty points (≈ 22,937–23,945).
- Institutional flows (provisional, 2 Nov): FIIs bought ₹3,115 cr in cash; DIIs sold ₹392 cr.
- Global cues: S&P 500 −0.51%, Nasdaq −1.07%, Dow Jones +0.41%, Nikkei 225 −0.33%; US 10Y at 4.89%; Brent $104.66; rupee 94.89 to the dollar.
- Levels for Tue 3 Nov: pivot 23,363; a hold above 23,519 opens 23,597–23,752; a break of 23,285 opens 23,129–23,051.
- Movers among liquid stocks: ITI +20.00%, ENGINERSIN +15.01%, INOXGREEN +14.49%, MENONBE +12.64% led; SANGHVIMOV −13.72%, ATLANTAELE −10.00%, ZOTA −8.41%, DMCC −8.09% fell most.
Global cues
Before the open · 8:45 AM ISTInstitutional flows
2 Nov, ₹ croreProvisional cash-market figures as published by NSE after the close.
Today's calendar
Stocks in focus
Daily Report · session 2026-11-03 · published 2 Nov 2026, 8:47 PM IST
Analyst disclosures. This report is issued by Yogeshwar Vashishtha, SEBI Registered Research Analyst (Reg. No. INH000027168, BSE Enlistment No. 7374), in his individual name, on the date and at the time stated above. Stocks that form part of the Investors Portfolio are marked in the table; the analyst and his relatives may hold positions in those securities. Beyond such holdings, neither he nor his relatives have any financial interest in, or own one per cent or more of the securities of, any company mentioned; he has received no compensation from any company mentioned in the past twelve months, has not managed or co-managed a public offering of its securities, has not served as its officer, director or employee, and does not engage in market making. He has no other material conflict of interest at the time of publication. The figures are computed from exchange end-of-day data by rules stated in the report; this is general research, not personalised advice, and no return is assured.
For education and planning. Pivot levels are mechanical calculations, not buy/sell recommendations. Verify prices with your broker before trading. Published by Yogeshwar Vashishtha, SEBI Registered Research Analyst INH000027168, BSE Enlistment No. 7374.