Investment News · 3 November 2026 · 3 min read
In short: The Sensex rose 1,225 points (1.62%) to 76,917.85 and the Nifty 50 gained 370 points (1.58%) to 23,810.85 on Tuesday, the fourth rise in a row. Over these four sessions both indices are up about 5%. FMCG, realty and private bank shares led, while PSU bank shares fell after SBI’s results. The rupee firmed 16 paise to 94.74 per US dollar.
Today’s closing numbers
| Index | Close | Change |
|---|---|---|
| Sensex | 76,917.85 | +1,225.07 (+1.62%) |
| Nifty 50 | 23,810.85 | +370.05 (+1.58%) |
| Nifty Bank | 55,540.05 | +537.85 (+0.98%) |
| Rupee vs US dollar | 94.74 | 16 paise stronger |
Shares that rose the most in the Nifty 50 were BSE Ltd (+5.03%), Nestle India (+4.47%), Tata Consumer (+4.29%), Asian Paints (+3.99%) and Bharti Airtel (+3.77%). The biggest fallers were Power Grid (−3.04%), SBI (−1.70%) and ONGC (−1.13%). On the BSE, 2,362 shares rose and 1,862 fell.
Why the market went up
- Foreign investors are buying again. Foreign institutional investors (FIIs) bought a net ₹3,115 crore of Indian shares on Monday, per provisional NSE data, while domestic institutions sold a net ₹392 crore.
- Cheaper oil. Brent crude fell about 7% on Monday to roughly $105 a barrel on hopes of US–Iran diplomacy. India imports most of its oil, so lower prices help inflation and the rupee. Prices edged up again on Tuesday after reports of fresh US strikes in Iran.
- Tax talk. Reports of a possible rejig of long-term capital gains tax for foreign investors lifted mood. Read our earlier story: SEBI’s LTCG proposal explained.
- US election day. Markets are also watching the US midterm results, due from Wednesday India time. See what the US vote means for your money.
What it means for you
- A 5% rise in four days is a sharp move. Markets that rise fast can also fall fast, so avoid making big lump-sum decisions based on a few days of gains.
- If you invest through a SIP, keep it going. SIPs buy more units when prices fall and fewer when they rise, which evens out your cost over time.
- New to shares? Our free Learn section explains the Sensex, Nifty and how the stock market works in plain English.
What to watch tomorrow
- US midterm election results and how foreign investors react.
- Oil prices after the weekend’s swings.
- More September-quarter results, and new IPOs on our IPO tracker.
Sources
This is a news summary for education, not investment advice. Figures are as reported on or before 3 November 2026; check official sources before making decisions.